OCR Text |
Show THE FARWELL COMPANY NOW. It hat a Capital of 4,0000,00 Change of Name Only. Chicago, Jan. 1. Special to The . Times. Today the firm of John V. t F'arwell & Co., doing a wholesale business busi-ness in dry goods in Chicago, Xew York. Manchester and Paris, turned over its business and good-will to ,1 corporation cor-poration known as the John V. Far-well Far-well Company. The capital of the new company is $1, .100,000. The incorpsra- tors are John V. Farwell. John N. Far-well, Far-well, jr., Charles B. F. Fanvell, United States senator; Simeon Farwell, John K. Harmon and John T. Cbumasero. These members of thn new company were members of the linn of John T. Farwell & Co.' The cliangR is merely a shifting of the form of the business from that of a personal partnership into in-to the more popular form of a stock company. The object is to increasothe amount of capital and to facilitate the continuance of the business in case of the death of any member of the firm. . The firm of Jolin V. Farwell & Co. had been in existence for fifty years. |