Salt Lake Tribune | 1913-12-03 | Page 13 | New Safety Razor in Ogden

EW SAFETY RAZOR HIEDJ OGDEN Company Organized to Take Over Patent Rights of Albert Oberheim. Special to Tho Tribune. O&DEJN", Dec. 2. Preparations for thc development of an Industry which Is expected ex-pected to mean much to Ogden wero Indicated In-dicated today In tho filing of articles of Incorporation for tho DeVlnc Safety Razor company, which la composed entirely en-tirely of Ogden and Salt Lake capitalists. Patents already owned hy tho company and others wnlch aro ponding aro estimated esti-mated to be worth not less than $1,000.-000. $1,000.-000. Tho objects of tho new company aro to manufacture and sell a safety razor of now design, Invented and patented by Albert Oberheim of this city; also a combination com-bination razor case, strop and bono on which Obcrhelm'a patent rights arc ponding. pond-ing. The letters of patent on the Oberheim Ober-heim safety razor wero granted by the United States patent office on November i of this year. WQille It Is not thc Intention of tho now company lo manufacture tho articles In this city, Ogden will be tho homo office of tho company and this city will de-rlvo de-rlvo thc 'benefits which are expected to result from tho sale of the new artlclos. Tho contract for thc monufacturo of thc Oborholm patented devices In thc United States, as well as the specially designed machinery for tho manufacture of tho articles, probably will be awarded to the C?encva Cutlery company of Now York, according to J. IT. DeVlnc, president of tho new company. Sub-contracts for thc manufacture of tho. razors will be awarded award-ed to cutlery firms In England. France, Germany and other European countries, patent rights having been secured In nearly all countries of tho world. No specific capitalization la included in tho articles of incorporation, 'but It In specified spe-cified that stock shall bo Issued In excess ex-cess of SI. 000,000. The incorporators and officers of tho compuny arc J. IT. DoVlno, president: J. N. Spargo, vice president; Royal Eccles. secretary: C. A. Boyd, treasurer; Albert Oberheim, general manager; man-ager; Willard Scowctoft and Simon Bam-borger Bam-borger directors. All are Ogdon mon with tho CTcoptlon of Mr. Bamberger, who Is a Salt Lnko resident. With shares of stock listed at the par value of $10. Mr, Oberheim is tho holder of 25,000 shares, given for letters of patent on his Inventions, Ho Is also tho trustee for 49.9-10 oddltlonal Bhares, whllo tho other six Incorporators hold ten shares each, making tho present capitalization capi-talization $750,000.