The Tucumcari news and Tucumcari times. [volume] (Tucumcari, N.M.) 1907-1921, 1917-03-08

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met ut the Chamber of Commerce
room Wednesday night in answer to
a call by the secretary. The subject
up for consideration was the establish
ment of fibre factory in Tucumcari.
Previous meeting had been held in re-
gard to the matter and every detail
had been thrashed out and the propo
sition was ready TO complete the or
ganization.
The meeting was called to order by
the club president, 7. A. Muirhead, one
of the committee appointed to view the
machines and report on the practical
bility of the same. He together with
r. A. Prentice and J. NJ. Clough visit
ed the shop of Mr.. Haas and saw the
small model machines in operation. 1t
was the unanimous opinion that the
was the unanimoun opinion that the
machine is practical.
Correspondence had been completed
and answers received from numerous
cordage companies Offering from 4 to
8 cents for the finished fiber.
As previously mentioned in this pa
per il has been decided to allow Mr..
Haas permission to go to Kansas City
where he will have machines made to
his order. five machines in all, one pro-
cess machine and four hackles. This
Is called one unit of machinery, and
will be used for experimental pur-
poses. After it has been proven a sue
cess more machinery will be purchased
and installed, the company incorpor-
ating for $4,000.
II is estimated that this one unit Of
machinery will turn out 1000 to 1900
pounds Of fiber each day, after the OPP
orators get familiar with their ma
chimes. These machines will use the
bear grass in the green state fresh
fr- N the fields, but the grass may he
for two or three weeks and then
advantage, so long as it has
be.n allowed to dry out.
Mr.. Haas, the inventor of the new
machines has made liberal offer to
the company in order to get started
and obtain the financial backing to put
his machines on the market He will
be employed as superintendent and al
so be given small per cent Of the net
proceeds as his royalty.
Mayor Israel, in giving his reasons
for buying stock, he said: 81 know that
there is plenty of bear grass in this
country and the fiber is a marketable
product. feel safe to put my money
In the bear grass industry"
Those present were given an oppor.
tunity to subscribe for stock in the
temporary company to put up $4,000
q. iaNn IN ,t, ID,
cry, building etc. Mr.. Israel started
the list by subscribing for twenty
shares, value Of which is $500 each,
fully paid within sixty days. r. p.
Donohoo duplicated and Fred c. Sickel
followed by purchasing an equal num-
ber of shares. Others who purchased
stock were II. Bonem, II. Goodman, +.
M. Higday, c. b. Hamilton, Charles
McCrae, Elmer Edwards, Robt. p. NJ.
McCrae and T. A. Muirhead. Officers
then elected from among the stock
holders: Jos Israel president; Fred C.
Sickel vice president; Royal A. Prem
tice Secy-Treas.
Five directors were chosen to make
contract with Mr.. Haas and attend to
other business matters. These were
II. Bonem, C. b. Hamilton, f. NJ. Hig-
day, Chas. McCrae and II. Goodman
After choosing soliciting Aommit-
tee composed of Messrs. Higday, Haas
and Jennings, to raise the balance i'm
mediately in order that the factory
may be opened as soon as possible, the
meeting was adjourned.
Another meeting will be held next
week to complete arrangements for
the building of the machines and get.
ting things in readiness for the grand
opening which no doubt will mean
more to Tucumcari than any other one
project promoted in this county.