OCR Text |
Show Tin-: si Lie ixnrsT::i. A circular of which the following is a copy is being sent out by the Washington Wash-ington County Silk Association: St. George, November 1809. Dear Friends: At a recent meeting- of the Washington Co. Silk Association, it was decided to incorporate a stock company. The shares were placed at the par valiie.or cue dollar per share. The amount of capital stock will depend, de-pend, of course, upon the generosity with which the people subscribe for the stock. At the same meeting-, it was decided to invite private individuals, business firms, and such organizations as the Ilelief Societies and Mutual Improvement Im-provement Associations, to take stock in this company, and thus assist a worthy home industry and lay the foundation for future profit. We are convinced that this industry can be made a success, and will eventually event-ually prove very profitable to the people peo-ple of this section. "We desire the people peo-ple to take this stock and reap the full benefit. There is a profit of at least six per cent between the value of the raw- cocoons and the linished product in the shape of ribbons and silk cloth. This might just as well be kept at home as to be allowed to enrich those faraway far-away from us. To accomplish this object we hope to be able to purchase a ribbon loom, in the near future. The cost of this will range from 8300.00 to $.100.00. By its use we can dispose of all silk on hand, thus having a means of immediate revenue, and also make use of all silk which may be raised the coming season, and until such time as we can buy other necessary machinery. mach-inery. All are cordially invited to join . us in this enterprise, both by investing in stock themselves and trying to influence in-fluence thei-r friends to do likewise. We trust that our invitation will meet with a hearty and immediate response. Sarah P. Algkk, President. Jrin.v A. Pace, Secretary. |