Clipped From Butler County Democrat

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 - a o f r a u d , 0110 ol ago. A great liuu- aro...
a o f r a u d , 0110 ol ago. A great liuu- aro not grease a t can bo pnt a n halt w h a t tmtu-r. our own anil how fast Ihe o u t put lor EIGHT MILLION DOLLAR TRUST Niles Tool Worts To Go Into The Combine, f a r m lint up in con r should his representative as lo n por s t lall harve-st cent, or compared lnyo no irreatly . r now as money. work and The sell Ihe i t i n t o that koope sotnh of l o w n being repaired h a n K m l t t jca fl. h l g l tlioj localities county Three Olhcr Big Machine Tool Concerns Arc In The Deal--How II Is Being Worked. K. U. McK'.nney and Alex Ciordon have been w o r k i n g up a t r heavy ma;hlno tool shop'. A Cincin- n a t i paper tell^ the following of si-lie me: The plan originally mapped out for the combination of Ihe Xilcs tool company w i t h several oilier macliluo tool concerns has Icon changed somewhat in the past week, so lhat Iho new combination will be launched in ntirely d i f f e r e n t shsiio. I t ntended lo form a company with a apltal ot SI'J.iM.i.OC", e q u a l l y etwccn common aod preferred stock ake in tho Niles tool works company, he I'ond machine tool company, lli iles t Co., and the Philadelphia a r l n g work?. The plan as now N t n e d u p o H w i l l l;e Ihe Issue common and f S.OCtVXXI preferred stock, lotal of ?SOOO,OW inslead of ?12,t)00,(KiO originally intended. It was tho Intention al first to put a largo amount slock on the m a r k e t , and, arrangements wore made for 'ho under- w r i t i n g on Ihe basis decided prominent New York house". According to Ihe change in the plans llierc b j r.ooc ol the common and but of the p r e f e r r e d to ho taken, all Iho remainder, Uio bulk of the capital, bo ing t a k e n by In the deal. Ot tho \'fo1fM preferred I c f l for subscription half has

Clipped from
  1. Butler County Democrat,
  2. 08 Jun 1899, Thu,
  3. Page 6

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