The Bridgeport times and evening farmer., 1921-01-22
ALL OR NOTHING PROMOTERS THEME

6Continued From Page One.) Times man added and the promoters What! You don't mean it?'
 Tn the business district the Times man continued.
 He was interrupted by a huge sigh Of relief from the promoter and the right and then added as an after thought: .fFor us, mean. Il thought you meant that the steel company had been burned out.''
 Where are the wheels going to be manufactured? 2"
 Haven't Decided.
 'That is yet to be decded We are considering Bridgeport. At first We thought of locating nearer New York, but we can see so many ad- vantages in being located in Bridge port that we are seriously consider ing coming here.
 T think at first we will only assem- ble the wheels. Later on, after the build a plant large enough to build all the parts of the wheel ourselves. Of course we will have more than one plant. It would be foolish to ship so many wheels as we would have to a great distance. We will l undoubtedly have factories in the west. but there is very good pros l peet that our first one will be in Bridgeport"
 <! Our company" said Mir. YedIin l 'is incorporated under the laws of Delaware for five million dollars. We were incorporated last March and got our papers sometime in April So you see we are not very old. All the 1 stock is common with par value of one dollar Share.''
 In answer to a question of how much stock had been sold he replied: | Considerable Jump:
 About a million shares You see we did not begin to sell stock until I;earIy in June and the price then was 1 only eight cents a share. Then it went to ten and twenty-five and now the twenty-ffth of the month the price will advance to seventy-five cents a share.''
 And have you got enough paid in man asked.
 .'Yes, if we do not take in another dollar we can begin to manufacture wheels. We hope that will be some
 The Times man picked up a cir cular from the office table and glanced over it. It was a four-page affair on the front of which was g lin expects so much of and also 3 Chalmers touring car equipped with the new wheels and carrying as pas sengens MT. Yedlin and several of his
 
 Quite Modest Sum. Neatly figured out above the pic ture of the car was an estimate O. the profits to the Motorist Spring furnishing wheels for the output O the Ford plant at Detroit Thi, amounted to the modest little sum O ninety million dollars in one year. announcement: s"s25.oo Invested il This Corporation Now, We Believe Should Return to You at Leas s375.00 Per Year in Monthly Casl Payments"
 'Is this statement correct?" Tn, . Times man asked calling the atten tion of the promoter to it.
 well, I think perhaps the adver Using man who got that up was in f1uenced a little by his enthusiasm shares were selling for ten cents share so it would mean the return , from more shares than the sam l amount of money invested now. , think, perhaps, that is a lfte4e to strong, but We had so many of thos circulars printed that we did no feel that we could afford to swast \, them, we are using them. I tel everyone, though, just what I hay told you about them.
 Just what inducement do you offe an investor. MT. Yedlin?''
 Thousand Per Cent. WI ny, l tell them that a con servative estimate is that they wi realize twenty per cent. on their in = vestment the first year and in tn following years when we get to goin that it should yield as much as on thousand per cent. You see, 1t i going to be a big thing or nothing a aH.''
 This last observation seemed super 1 fuous.
 'Since you opened your office O. | the third of January how man /. shares of stock have you sold here i Bridgeport?''
 Opening a drawer MT. Yed1in pull ed out a book and after summing u l various entries gave it as his opinio that the number was approximate1 = six thousand shares.
 On another page of the circula which The Times man did nc r examine very carefully was what ap peared to be a success symposium i ! which appeared the names of J. I = Morgan, H. Hartman, Andrew 0r n nesie, Marshall Field and otherS c their kind who probably were of tn opinion that stock which really woul
 nay a thousand per cent. on the in ivestment would be good stock t have but The Times man, not bein t fortunate enough to have anything t a invest and remembering it was lunc time, lost interest and came away.