The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1921-02-11

VI tHcIH dS we are located closer u
the center of that industry than Ak
ron. The company also has a num-
Der of photographers rubber special
ties in view that can be manufact-
ured at good profit. Our inner
tube business is growing daily apd
we will produce them in every size.
Lubricating Oils and Greases.
We never made move Of import
ance without consulting our dealer.
stockholders Many of them spoke
to us about the desirability- of our
furnishing them with their oils as
we'll as their tires. We sent out a
QUESTIONABLE to our dealers asking
them if we should sell oil? En-
. thusiastic responses were had and
we made contract with one of the
largest and oldest independent re.
fineries to furnish us with their oil
under our AUTCO brand. Many
dealers have already ordered and re.
peat orders are coming in. The
indications are that our volume OIL
business on oils will practically
double our profits per annum. The
dealers being stockholders are oi
course, Just as anxious to purchase
their oil through their very own
company as their tires.
Prices Right.
Our prices are right as the com.
bined purchasing power of our deal
ers enables us to buy for much less
than any dealer could buy alone
The saving is profit for the stockhol-
ders.
Medina Citizens in Charge.
1t will be noted from the list oi
directors and officers that five of the
nine, and the vice president are loc-
al residents with the interests of the
community at heart. They have
their money invested and can be de.
pended upon to give their best at
tention to the progress of the COM
pany. Every additional hundred
dollars invested adds to the security
of the investments of all-makes the
proposition just that much better
for every stockholder.
New Dealers Being Secured.
Mr.. S. E. Johnson, (Steve), Mr.
John A. Clark, Mr.. w. E. Case
(Ernie), Mr.. Plym c. Davis, formerly
one of Cleveland's largest Ford deal
ers, are all on the road for the com
pany. Mr. Johnson securing new
dealers in southwestern Ohio, Mr.
Case in Northwestern Ohio, MI
Clark in Florida and Mr.. Davis II
California. We lately shipped sup
ply Of our tires to the Purchasing
Agent of the county of Los Angeles
ior the county cars. We have repre-
sentation in Iowa and have applica
tions for State Rights from many live
wire salesmen who want to build busi
ness for us by organizing the dealer!
in their respective states.
No Squeezing Out of Small /
Stockholders.
n
Many companies are organized or
the basis Of their stock being redeem
able at the option Of the Company a
ll09or liz. Thus when the scompan,
becomes really profitable going en-
terprise the directors can create sur
plus and use same to purchase thu
stock back from the original owners
Y the directors meanwhile retaining
their hold on the company and even
tually owning it outright. No sucf
clause appears on our Stock Certifi
! cate and no difference how profitable
lit may become, nol one can be made
TO surrender their stock at a pre-de
termfned figure,
Common Stock Valuable.
\ Our Common Stock does not cos
you cent at present, one-half al
much Common being issued as yo,
buy Preferred. The Preferred pay,
eight per cent e per cent? J, all til,
earnings Of the Company over eigh
\ per cent being applicable To the Com
mon Therefore, the probabilities ar,
!, that the Common will become Of !grea