The Republican. [volume] (Oakland, Md.) 1877-current, 1923-06-28
SHOE FACTORY FOR THE
TOWN PRACTICALLY SURE
Efforts of Chamber of Commerce
Meeting with Great Success


land Chamber of Commerce has been
working hard every minute of every
day since the big public meeting held
in the Court House Las. Thursday ev-
ening, to put over the proposition
to establish a shoe factory here
whereby Oakland will have an estab-
lishment within its limits aifording
employment to all VINO may apply
and who are equipped with the ability
requisite to operate a machine or who
may want employment in factory
with wholesome surroundings.
The proposed factory will be located
on the property adjacent to the Oak
land Hotel grounds which was re-
Gently acquired by the Chamber Of
Commerce for factory sites. The
building will be 2GOX40 feet, either of
brick or tile construction and will be
so erected that units may be added as
the business expands, or as larger
quarters are required to carry on the
/ purposes of the factory. The indus
try at the start will employ from rs
to 100 men and women at an aver
age wage Of S35 per week, and the
output at the start of operations will
| be something like 400 pairs Of shoes
daily which capacity will be increas-
ed from time to time until daily
production Of 1000 or more pairs Of
shoes is, reached, with a guaranteed
market for the entire output Of the
factory at all times.
Over fifty per cent Of the required
$4,000 capital stock has been sub
scrbed, with more coming in daily,
and the Chamber Of Commerce officers
as we'll as those who are members Of
the organization feel very much en-
couragcd over the outlook In fact SO
well has the proposition been moving
that it has been decided to close the
subscription books Tuesday evening,
July 3rd, at o'clock.
As announced at the meeting last
Thursday evening stock in the con-
Germ will pay d dividend Of seven per
cent, cala0Ie when it reaches the val
ne Of SIPS per share. Payments on
the subscription viii be forty per cent
at the end Of six months and two n
stallments Of 30 per cent each at
stated intervals, the final payment TO
be made at the end Of eighteen
months This is an exceptional OPP
portuEity for all who want to make
a sound, safe and sane business in
vestment and at the same time do
something that will help very materi-
ally. in placing Oakland on the map
commercially and otherwise,
Just think what this proposition
means, An industry employing a
hundred people at S35 per week-a
total OF $500 distributed through
out the community weekly, which is
bound to expand and enlarge business
in the banks, stores, etc, very mater
tally. Additional homes for the en-
ployes, which will be required, will
give employment to every branch OF
labor and add to the town in popula-
ton and at the same time greatly en-
nance real estate values. 1t will also
be an encouragement TO reach out
further and secure other industries
in the future which will bring more
people and consequently more money
to Oakland.
1t is an opportunity none can al
ford toilet pass, and every individual
resident OF the town should make it a
personal matter and jump into the
game, determined to win.
So, if you want to see the old burg
take on new life, forge ahead and
grow, now is the time to demonstrate
the cahbre of the stuff that is in you.
Let your motto be How Much Can |
Subscribe" not chow little" and it
will not be long before all can say
that cooperation pays big dividends.
1t should be remembered that the
subscription books close Tuesday,
Jtly III, az " v SlONh r. H. anu II yOI
desire to have I. part in "cranking
up" the old town and making it go,
at the same time making paying in
vestment, fill out the coupon below
and hand it or mail it to Nh. Charles
T. Riley, Secretary Oakland Cham
Der of Commerce, Oakland, Nd.
ARE YOU IN?
Mr.. Charles T. Riley, Oakland, Md:
t Please enter me for ........ shares
of the capital stock of the shoe fac
: tory to be established in Oakland at
r the par value of 500 per share.
= (Signed) ..................
e Postoftice ...................
. Card Of Thanks.