The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1916-01-19
Retiring President Of Keokuk
Industrial Association
Reads Report Of the
Years Success.
SHOW ACTUAL RESULTS
Believes ockholders Would
Rather See These Than to
Hear Of Hundreds of
Possibilities.

A very comprehensive yet brief re-
mort of the work Of the Keokuk In
dustrial association in 1915 was read
at the fifth annual meeting last night
by j. Albert Kiedaisch. president.
Mr.. Kiedaisch said that he believed
the stockholders would rather be-
hold actual manufacturing conditions.
than to hear lengthy report on
prospects and on routine once work.
He outlined the securing of the In
dustries which were brought here last
year. and painted in rosy words the
prospects OF the future. He spoke of
four good prospects now on the ONCE
calendar, and limited at the coming re-
organization Of local factory which
win mean the manufacture OF auto
trucks here.
President Kiedaisch complimented
the board on Its work this last year,
and thanked the stockholders for
their cooperation and asked Its con-
tinuance for the new board. He laid
special emphasis, on the untiring
labors of A. Holiingsworth who has
been very active member OF the
directorate. Mr.. Hollingsworth has
uAUuicu SnC -1CA0A kAdGC0 VI CNCAy Az
dustrial prospect that was brought,
besides looking into other matters for
the association. 1t Is practically due
to him that SO solid foundation has
been built by the association in all Of
It's transactions. Mr.. Hollingsworth
has been generous In giving his time
and the stockholders and his fellow
members on the board appreciate his
work.
Splendid Results Shown. II
Mr. Kiedaisch also made mention Of
the splendid services rendered by
James NJ. Fulton, executive secretary.
Mr.. Fulton has been working tire
lesSly for the success of the associa-
tion, and 1t has been through his
efforts and his ability that much Of
the success Of the year past has been
written. The questi0ntof the hand
ling OF one OF the projects which has
been secured for Keokuk came up to
Nj. Fulton and his *haAdling of the
matter has met with fun approval of
the board and stockholders.
There were many compliments. and
ones that were deserved. paid Mr..
Ktedaisch on his report. His admins
tration has been very successful,
one, and 1t has been due to ais will
ingness to work and his tact that
the year has been successful. It is
with regret that the board and stock
holders see Mr.. KiedaiSch retire.
The Presidents Report.
!. The he, report Of the PRECEDENT follows
To the Stockholders Of the Keokuk
Industrial Association
In submitting to YOU the fifth an
nual report Of progress Of this asso-
citation, It Is done under conditions
entirely different than at any former
meeting. Heretofore this report has
been prepared and read by high
salaried manager and consisted each
year of great number OF pages of
most excellently worded manuscript.
out which failed utterly to satisfy
the stockholders. As far as length
goes. this report win be the shortest
ever read at an annual meeting. but
In submitting 1t the directors are not
only proud Of the advances made in
1916. but glory in what we consider
real accomplishments made in the
lace of depressing business conditions
which existed over the entire world
during most Of the year.
When the present officers took
charge Of the association, two radical
changes were made at the request OF
the president. First: We adopted
policy specializing on Industrial propo-
stions. Second: We Immediately re-
uuced expenses to the most economi-
cal basis possible. 40 both Of these
moves can be attributed the success
-
ms board Is vastly interested In In
dustrial propositions and when each
one learned that II he was called to
meeting of this board 1t would be
70 discuss some factory proposition,
and for that purpose alone, you can
readily see why 4 great many of the
BOARD never missed single meeting.
NO wonder we could do business; the
interest was unanimous. As to the
economical change, it has not takeh
one-iourth the funds TO run the asso-
cation during 1915 that It did during
.ne smallest previous year. Besides,
every person connected with the ASSOC
ciation had In his mind, regardless of
this one thought,
nat can do to Increase the wage
kuk?"
New Policy Brings Results.
q Early In the year the Standard
s s,. Tire company submitted a propo-
S Sauon to this association. The possi-
oues OF this new concern were at
S Saee apparent and after great many
i Euurs spent in investigation, in legal
I'll, ting every movement of the associa-
i iUn !. and the company, and In secur-