The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1920-03-12
new RUBBER PLANT
PROJECT THAT HAS
PROMISING FUTURE
Medina Business Men Meet
Akron Manufacturers of Rub
Der Goods May Build Need
ed Plant Here.
COMMITTEE OF FIVE
WILL DRAW AGREEMENT

Medina business men are sure in
earnest regardingthe building OF a
new enterprise, and having started on
the proposition of a rubber plant are
10th to let go with such a business
venture. Monday afternoon two Ak
ron bushes men met with Medina
busines men to talk over a new rub
ber proposition. There was a good
attendance, and the Akron men went
into detail as to what they could and
would offer Medina business in re-
sponse to reciprocal propositions.
The Akron men-names OF which
are withheld at present for business
reasons - have selling proposition
that was explained in detail to the
business men present. These Akron
men are Incorporated, and making
and selling goods, have an organiza-
ton that promises great things, and
it is possible to broaden out the scope
of the venture and take into the en-
terprise the business proposition that
will fit we'll into what is wanted in
Medina. AS it looks at this distance
the $250,0 desired in the first prop
osition offered Medina will be suffic-
lent to put over the second plan, in
all likelihood giving to Medina inter-
ests as great product as the more
elaborate plan at first conceived.
As the proposition now stands it
will mean the grating on to a sue
cessful selling proposition manu-
featuring end in Medina. As our busi-
ness readers will understand, ANY man
with money can make tires; the sale
of them is the point from which EN-
anates profit. With the tires al
ready sold. as will be the caes In this
new venture, all that will be required
from the Medina end is that they be
made in quantity and Of quality To
produce profit. And while the Ak
ron company is now in full operation
and earning dividends, it is fondly
believed that the adding on need mol
disturb present dividends but simply
broaden out the industry and increase
the dividends proportionately. n 4
Medina business men at the meeting
were well pleased with the PROPOSE
tion. So well pleased were they that
Chairman Codding, in answer to the
unanimous vote of those present, ap.
pointed committee Of five to take
under advisement the data presented
giving it due consideration, to ther
discuss and digest any and all plans
coming to mind, and within week
meet the Akron parties interested
and see if some acceptable plans car
be figured out for the union of effort
or the grating on to the present
going business the ideals and ambi-
tions as to the manufacture of the
goods in Medina.
The committee named for this i'm
portant task was Messrs. R. ]. Hyde
D. S. Longacre, H. w. Codding, C. E
Hoover, and Dan Pelton. This COM
mittee, while having been in close
touch with the ambitions and desires
Of Medina business men, and know.
ing, well what is wanted in the matter
of some new enterprise in Medina
are still open to suggestions from
other citizens in this matter of expan.
sion Of Medina's business enterpris.
eS.
Under the new plan Medina will
make an investment large enough tt
practically control the enterprise. Al
the same time she will not be asked
to make an investment much larger
than was asked by the Akron pro
moters, in which they would have
small voice in the control. This viii
carry with it much better aspect Il
make certain that she have com
mensurate voice in the development
and management Of the enterprise.
The new men have made very
strong impression on, the Medina
business mem who have met them. /
is certain there is no color of "pro
motion" in the new proposition. Tht
element Of risk, too, is greatly re
duced. If the bottom drops out o:
business in geperal-as some lpessi
mists are ever ready to declare-un
der the new proposition there will b.
but small shrinkage in any event
Everything will be in the hands O.
Medina business men, and men VIII,
are SO closely alinged with the city,
interests that they are PRACTICAL!
Medina business men. That will meal
stability for the business and a Ger
tainty that Medina's interests will
be well cared for. On the face ther'
are few, if any, chances for a slip be
tween the cup and the lip in tn
whole proposition.
| After the meeting, in discussing tn
proposition with several business me-
the remark was made repeatedly tina
this looked the best Of any PROPOSE
@tion that was ever offered this cit.
and it's business men. The commit
tee to whom was entrusted the pro
1ject will do everything in its power t
consummate a contract which vii
| bring this new enterprise to Medina
4 Meeting Of County Commissioner
was a short shrift Monday. Salary o
1 j. r. Moore Bis assistant superintend
| ent was ordered paid in sum of 500.
1 "A resolution passed making tn
II -.lI 4. a