Show U S SWIFT COMPANY ARE t PARTNERS More than of Swift company are today vested with part ownership in the tho packing concern Announcement has recently recent recent- ly been heen made of the tho results that came of the gigantic profit sharing plan recently offered by the tho company to Its people Tho The avidity with which workers from label stickers to managers managers managers man man- agers seized the opportunity opportunity- to become become be be- come como partners in the is nothing short of a sensation at the headquarters in Chicago So great was the demand for shares prom from rom that the company set sufficient stock to take care of such uch as were In the army and navy We are pleased declared F. F S S. S Hayward secretary of the company at Jat what we look on as a vote of confidence confidence con con- con I on the part of our Their response to our offer has been fairly amazing I believe today that our stock ledgers will will show a greater great great- er proportion of shareholders shareholders shareholders share share- holders than any other large manufacturing manufacturing manufacturing manu manu- concern in the country Stock which had been turned into I the treasury some time ago afforded the he company an opportunity which it had long sought sought to to offer shares to at par Accordingly the stock stock subscription books hooks were opened last ta l May on the following plan I Each to 20 a i week was allowed to purchase one share of stock at its par value The market quotation is much above this earning 20 and up to 30 a week were entitled to two shares 30 and up to 40 a week three shares 40 and up to 50 60 a week four shares 50 and over five shares No was allowed to purchase more than five shares The stock is to be paid for at the rate of 1 a share per week whoso whose economies for forthe forthe forthe the immediate future were committed commit commit- ted to the purchase of liberty bonds were given the right to reserve stock stockby stockby stockby by making a n 10 deposit on each share no further payment was re required required required re- re of them until they had completed completed completed com com- purchase of their war bonds The Tho only pledge asked of any anyone one takIng taking taking tak tak- ing advantage of the proposition was that he should look on his purchase as an investment and not a specula specula- Uon tion I We Ve hoped said said Mr Hayward to put new shareholders on I our books We Ve had already shareholding who had como come I Into the company under our old ohl system system system tem of selling stock at market value I under a two year payment plan But Dut the hurricane of applications that blew into the office after new plan was announced straightway convinced ed us that we had underrated the Interest of our in the busi busi- ness Now six weeks after we began accepting applications we have 17 new now share holders And the most satisfactory thing about the whole affair Is that we have associated associated associated with us as partners many of the very persons we wo most wanted wanted the tho plant workers Tho The unexpected demand for shares has caused the company to create a special department to handle the tho ap ap- ap- ap More than 2500 of the tho new shareholders are women Subscriptions Subscriptions Subscriptions Sub Sub- have been heen received from at all of the plants of the company and also from each of the towns and cities where the tho company company com com- pany has a branch house |