The weekly tribune and the Cape County herald. (Cape Girardeau, Mo.) 1914-1918, 1916-11-17
]. 81. Himmelberser May
Head Go. That Will Absorb
Freeze Coneern.
CONT CLUB Is ASKED
TO AID IN PROMOTION
Shirt Factory Also May Gene to
CsRe-Offcers to be
Elected,

Co, now 100000 corporation, viii
be absorbed by new quarter Of a
million dollar company that n0w is 10
ITS formative stage, Last night became
pubic for the first tune at the meet
ing Of the Commercial Club.
The president of the new concern,
which will be called the Cape Aachin-
cry Company, manufacturers Of the
freeze Threshins Machine, probably
will be John II. Himmelberger, it WIS
ANNOUNCED, and other officers probably
will DO Mercer d. Wilson and ]. H.
Freeze, Cape men who DOW are fnan-
cialty interested in the corporation.
G. s. Deeds, machinery manufac-
turer who has become an associate Of
Mr.. Wilson and Mr.. Freeze, already
has been made general manager of the
plant.
The proposed improvement and in
creased capacity Of the company be-
came known when Mr.. Wilson, who
now Is president Of the Freeze con-
Germ, appeared before the Commercial
Club to ask for the moral support Of
the clnb in interesting men in the
company and the club's aid in dspos
ing Of 100000 Of the new capital
stock that will be issued.
The Freeze concern was started in
the Cape about eight years ago when
J. H. Freeze came to the Cape from
Advance and succeeded in interesting
enough money to back him in getting
the manufacture Of his machine under
way. Much money has been spent in
getting the product advertised and last
night, Mr.. Wilson and Ar. Deeds told
the club that quarter Of the, next
years output Of machines already has
been sold. The demand fer the ma
chimes Is so great, they said. that it
has become necessary to increase the
facilities.
AZ q consequence the organization
Of the quarter million company to ab-
sorb; the present company is being pro
NOTED: The new company will take
iprths present company, and issue to
itssorpers' 100000 ID capital stock Of
thennsws concern. ., -. ,L,}''> X
Az sYalsatihoni<ef the pFesent com.
psAY Shows &ssets eoasideFed worth
Sig9D0o, ell Of. which Win be tarned
eyer 70 the aew corporation f6t $780,
600 In ,th6 evsluation of the Freeze
csHRaSy: DIE listed the following
ftenass Bills csllectible on notes taken
On machines sald,, ,s41, Ooo; machinery
inths elsat; tools materials, finished
maehiaes sad real estate Buildings,
etc. $4,000; patent .rishte on wheat,
oats; rye and, rice threshihk machines,
$4,000; patterns for machine parts,
$4,000; etod will, which includes the
reputation q the machine, the. value
of the advertising that has been done,
So, 1908.
The men who are promoting the
conpsany will raise $4,000 to put into
the manufacture Of the machine and |
tho club ia asked to back the subscrip- |
ton Of the other 100000 OF this |
SUN Mr.. Wilson declared that viz
tuaily $4,000 already has been sub
scribed.
Both Nr. Freeze and Mr.. Deeds were
present to talk to the club members on
the proposition, when Mr.. Deeds urged
the possibility Of a manufacturing
plant working to good advantage in
Southeast Missouri where the ma
terisLs TO be used ara At hand.
The club also took up proposition
to bring q shirt factory t. the Cape
and determined 70 hays the repre-
sentative Of the shirt manufacturing
company attend the next meeting Of the
club to explain details Of his proposal.
The proposed factory would employ
200 women and girls at wages ranging
from 50 to S12 aweek. The contern
desires 70 have CapA business inter
ests erect q factory at cost Of $751;
900 which shall be surned over, to the
company when It hes paid out &2so, 900
in vsges. 49,.
The club voted to give the Library
Association $50 with which to finish
IT'S year and at the time that the. re-
quest for the money was made, Sam
Sherman announced that meeting
will be held next Thursday night at
the Commercial Club rooms to deter
mine whether Or not the library at the
corner Of Thenis and Spanish streets
will be continued until the Carnegie j
institution is brought to the Cape.
preshainsry 10 tbe annual election
Of 'cAesrs et as club, Freshest SsM
n: Caster last sight bsRed . Gsnf- II