The Belding banner-news. (Belding, Mich.) 1918-1973, 1920-08-11
STOCK SALES HAVE BEEN MANY
BUT NO LARGE AMOUNTS
HAVE BEEN TAKEN
READY TO ASSEMBLE THEIR FIRST CAR


on Monday evening at 1880 o'clock
at which time the people of the farm
ing community surrounding this city
and the people of Belding can see
just what progress has been made
at the plant.
The concern is not piece of guess
work-in fact, we fail TO see where
there is any guess work about 1T.
All that is needed is for the $4,000
stock sale to be completed and the
work of production can go ahead, the
parts all having arrived and the pre-
diction made by the officers of the
company that in about fifteen days
the assemblage of the first car viii
have been completed and the machine
will be rolling around on the streets
here under its own power.
A good number of stock sales have
been made as the list of the stock
holders published herewith will show
However no large amounts have been
eakeh-tbe Subscriptions running
from 500 to $500 mainly. The peo-
pie of this city are to be given a
chance to take the proposed 500, 900
sales for a short time longer and If
they do not, the company will take
up the matter of locating in some
other place, number of other cities
beinc anxious to have them remove
therr.
There is no reason why the sales
can not be made right in this COM
munity. We believe it is the duty
of every person in and around Bel
ding 10 attend the big mass meeting
which it is proposed TO hold at the
plant. Monday night, look the place
over, see the motors, frames, wheels
springs and other parts and learn the
real truth, first hand and then take
from 500 to $500 in stock whatever
you feel you can. If you can not
scrape up enough money to take that
much, take what you can, one, two
or more shares at SO each. If you
do your duty by this concern it
will do big things for you and the
community in general.
If you do not turn our Monday
night. If you do not take stock and
keep the concern here and it goes to
some other city and becomes the big
thing which it surely will and you
see other people living on Easy ST.
off from an investment which you
were urged to make time and time
again, how are you going to feel
about it.
You may then think it is some one
else's fault that it was sent away
that the "big interests" of this city
are to blame-that they did not want
the plant here, but it will be the la
boring man and other small invest
or's fault because he did not put his
shoulder to the wheel and help out
by putting in an investment of
hundred or more dollars. The fact
is, in the long run, you the not help
ing the Jacquet as much as you are
helping yourself-that's the point,
your money invested in the Jacquet
will help you
Following is a letter from the Off
GERS and directors of the company.
august IL, 1920.
''To the Citizens of Belding:
This is an open letter
to the people Of this city and vici-
nity supplementing in way, the
statements printed during the pass
two or three weeks; but more to give
you a correct idea of the present
status of our business and the sale of
stock recently undertaken.
out cash or credit, and we have ac-
complished much more than could
reasonably be expected in a business
of this nature. with the most limited
funds. The time has now arrived
when il is absolutely necessary that
this concern expand sufficiently to
get on a production basis, and, if it
cannot be done in Belding through
stock subscriptions, we shall be COM
PEELED to accept some of the offers of
other cities to finance our business.
We believed i'm Belding when we
came here and in appreciation of
such support as we have received, we
do not propose to move without first
giving the people of this city and
vicinity a last chance to make this
a Belding institution.
We propose to have a get-together
mass meeting of Belding men and
women in the Jacquet factory build
ing next Monday night at 7.30 where
you can see what is being done, and
ask all the questions you like. The
attitude of the people at this meet
ing will largely determine our course
With the bort Body Works about
to leave, we fail to see how our
merchants and citizens can figure
anything rosy in our industrial sit
uation that means more population
or holding what we have, condition
that vitally interests us all.
Come to this meeting whether you
now hold stock or not. We are CIV
ing you the plain un-varnished facts
and we ask in return a simple Yes or
No as to whether we shall become a
fixture here or not.
We feel that nearly every home in
Belding should be able to take ten
to twenty shares of this stock, which
promises such big returns, and make
Of this a real Belding institution
owned by Belding people. with its
earnings remaining in Belding..
Talk It over with your family and
attend the meeting. We shall accept
your decision as final
fCoptfpuad on poUa Four \