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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Nov 07, 1915
Page
25
MR. W. B. HAMILTON vice president of the West Texas Bank and Trust Company is a well known San Antonio figure. He is conservative and rarely lends his name to projects but once convinced he does not hesitate to speak.
A 1915 style prospectus describes forming a parent company to own the Luck Patent for the U S with stockholders in related offshoots. It offers 100,000 dollars of preferred stock at 100 dollars per share, due by December 14, 1915, to fund a factory of 200 tires daily.
A cross sectional diagram explains the Luck pneumatic tire with an inflated tire, a six-titel flange protecting the pneumat feature, a fabric skirt encircling the inner tire, and an air space between steel Mango and the fabric skirt.
An unnamed speaker asserts intimate knowledge of Goodyear and Firestone profits in the pneumatic tire business. He says his contact with industry leaders and study of Harvey Firestone’s operations proves the prospectus overstated others’ potential gains relative to Luck Tire.
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