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Carey Times in Carey, Ohio

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Carey Times

Location

Carey, Ohio, United States of America

Date

Jan 15, 1920

Page

8

Ohio Incorporation Details for Capital Stock

Incorporated under the laws of Ohio for an authorized capital stock of 1 000 000 dollars with 500 000 dollars preferred stock and 500 000 dollars common stock.

Ohio

Carey Pico and Rubber Company Chartered in Ohio

The Carey Pico and Rubber Company is an Ohio Corporation organized to manufacture and sell rubber products. It states its purpose to produce Carey Tires and Tubes for the immediate period.

Carey Pico and Rubber Company Ohio Carey

Plant Location Chosen at Carey for New Factory

Organizers selected Carey after reviewing sites for its unique shipping advantages. They have bought fifteen acres in the factory district next to Hocking Valley and Northern Ohio Railroads to house a modern brick and reinforced concrete plant with a daily capacity of 500 tires and 600 tubes.

Carey Hocking Valley Ohio

Management changes at The Curey Tire and Rubber Company

The Curey Tire and Rubber Company announces I A Seebach as superintendent bringing Mason Tire and Rubber expertise. Officers and directors are experienced, well known businessmen, pledging to make investments safe and profitable while advancing their own holdings.

Curey Tire and Rubber Company I. A. Seebach Mason Tire and Ruabber Company Talcrests

Market for Tires Expands as Rubber Industry Grows

The rubber tire industry remains in its infancy with production lagging demand. The rising automobile output drives higher tire and tube needs, while foreign markets broaden the field. Experts expect demand to exceed production for years to come.

Conservative Profit Estimates For Tire Industry Growth

The first year will be below capacity with projected output of 500 tires and 500 tubes daily. Annual profits estimate $525000 from tires and tubes, after reserve and stock distributions, with $185000 remaining for common stock distribution. Industry demand and rubber profits are noted as ongoing positives.

Why You Should Buy Now

A dealer promotes buying preferred stock with a liberal bonus of common stock. It argues the common stock carries high upside once the factory is profitable, while preferred acts as a first mortgage with guaranteed but capped dividends. The text claims common stock yields immense profits through corporate value.

Investor prospectus invitation from Carey office

A formal invitation explains that information will be furnished on request and invites the reader to visit the Carey office to discuss an investment proposition. It emphasizes no obligation for inquiry and promises prompt attention to responses.

Carey
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