Alma record. (Alma, Mich.) 1878-1928, 1919-08-14
STOCK IS GROWING RAPIDLY
Expects to Have Buildings
Ready and to Start Opera
tons in December.

A new one million dollar factory is
the immediate prospect for the city
of Alma, which promises to employ
one hundred and twenty-five men
right from the time that operations
are started in this city, a fact which
will still further promote the boom
which has been started with the an
nouncement that the Republic Motor
Truck Company, Inc, will remain in
Alma.
The proposition has gone so far
that it is now declared to be GER
tainty that the new company will
make this city its business and man.
ufacturing home. Ground for the
site has already been purchased just
to the north of plant three of the Re-
public. between East Superior street
and the Pere Marquette railroad.
A. ID. Smith, formerly of St. Johns,
who for years has been with the
Hayes Wheel Company, is behind the
new institution. He has had twenty
eight years of experience in this bus
mess and knows it down to the small
est detail The company has already
asked for papers of incorporation I'M
der the name of the Northern Wheel
Company. The company is being in
corporated under the laws of Della
ware for one million dollars, which
indicates that its hackers believe that
1t will eventually be a great manu-
featuring institution OF the million
dollars in common stock Sl50.OOO is
being sold in Alma at present, the
rest being held up for other units of
the organization which will be con-
structed later. The business men of
the city have shown great confidence
IN the proposition and are subscrib-
ing in a most liberal way TO the stock
which is being offered at par There
Is still small amount of this stock
which is still available for the in
vestor, but it is expected that in view
of the way that the stock has been
selling that this will be quickly taken
Those desiring information regarding
the stock can secure it by seeing Mr..
j. w. Blakely.
So certain has it become that the
factory will become an Alma institu-
ton that machinery has already been
ordered for delivery this fall.
1t is the intention of the company
to engage in the manufacture of
wooden wheels for both commercial
and pleasure cars, and hopes are en-
tertained that soon after the factory
starts operations, that it will be pos
sible to put in a pressed steel foun-
dry, thus making it possible for the
firm to also make steel wheels for
the trade.
The plans for the buildings for
the company have been drawn The
main building is TO be go feet in
width and 304 feet in length, and in
addition to this there will be a heat
ing plant constructed at the same
time. The building will be one story
in height. and constructed of brick
and concrete. 1t was given out Tues
day that everything was in the best
of shape and that it was expected
! that work would be started on the
building within the next two weeks.
The structure is to be completed and
ready so that the company may start
work in its own factory by Deem
Der LIST. Offices have been establish
ed in the Wright estate block on
State street, where a number of men
are already at work.
With the announcement that this
large new factory is to locate in
Alma, and is soon to start operations
here with one hundred and twenty
five men, the need for more homes
for working men is again being
pressed home to the people of the
city, as Alma must provide means
for supplying the homes that will be
demanded by the many new workmen
who will soon be in the city.