The Pascagoula chronicle. (Pascagoula, Miss.) 1905-1920, 1919-11-15
BUILDING TO
START SOON
Continental Tire 4 Rubber Co. Making
Plans to Begin Work Early In
December.

is now preparing to commence CON
struction of its factory here. Mr..
Wood is at present in Michigan and
Ohio looking over other factories and
having plans and specifications drawn
to include the latest improvements so
that when the factory here is ready
for business it will be one of the most
modern and best equipped in the tire
industry of the United States.
1t is expected that actual work on
the factory building will be started by
December l, 1919, or not later than the
18th, and to that end all subscribers
are requested to call at the office of
the Chamber of Commerce in the Pas
cagoula National Bank building and
make or arrange settlement for their
stock subscriptions just as promptly
as possible.
The contract between the commit
tee representing the Port Of Pascagou-
la, namely, E. J. Ford, j. J. Mcintosh,
w. J. Lindinger, +. H. Lewis, e. H.
Mayo and L. M. Shepardson, and the
officers Of the tire company, J E. Dun
lap, president, T. j. Clay and G. A.
Wood, provides that the people OF the
port are to subscribe $57,5OO.OO in
stock, 5000 shares at $11.5O per share,
the par value of which Is $1,000 per
share, and to have representation on
the board of directors in the same ra-
ito; in fact it is expected that Pas
cagOula or Moss Point resident viii
be treasurer Of the company, and that
we will have at least two other rep
resentatives on the board.
The Continental Tire & Rubber Com
pany are to deposit in Pascagoula or
Moss Point banks $50,0OOOO, and when
this is done our $57,5OOOO and their
$5O,00O.0O becomes Immediately avail.
able for the construction and operation
OF the factory here. the site to be paid
for out of our money, and all expendi-
lures of monies to be furnished by this
locality to be under the supervision
and on order of our committee or sue h
cessors.
It Is to be- hoped that the residents
of this vicinity will evidence a moref
liberal spirit in their subscriptions to
this factory as its location here will be
of untold benefit to our community. and
Will no doubt attract other industries
to our port which means increased
population, pay rolls and prosperity,
to say nothing of the advantages to the
stock holders, as experience has prov
en- that automobile tire stock is the
best paying investment in the country.
The men inerested in this venture
alone guarantee the success of the
project. Mr.. J. e. Dunlap, president, is
llso president Of the Peoples Bank of
La, owner of the Dunlap
electric Company, and two large sugar
the Australia and Restor-
idge; Mr.. Thomas j. Clay, director,
s president of the Bank of White Cas-.
lie, White Castle, La, and a very sue
essful business man, being interested
sugar and rice plantations, oil wells,
tc.; Mr. George A Wood, vice-presi-
ent, is an experienced automobile tire
and chemist; while ev-
ry resident of Jackson county knows
Ultimately nearly every member of the
ommittee representing this locality.
All subscribers to the stock being
iised by the committee representing
le Port of Pascagoula are requested
make their check payable to j. ].
lclntosh, trustee, but they should be
ailed to or delivered to L. M. Shep-
'dson, secretary, Chamber of Com
erce, Pascagoula, Mississippi who
i'll also be very glad to furnish any
formation desired regarding the pro-
ct.