Clipped From The Oshkosh Northwestern
SOLD INTEREST IN SUBMARINE BOAT. OSHKOSH MAN DISPOSES OF SHARE IN RADOATZ BOAT. HIS Just Leaked Out That Wm. Round Jr. Mai a Client Fartner-Seila Ills Share to Milwuakee Men i for Large hum. It Is not generally, known In this city that William Konrad, Jr., a well-known young man, who Is Identified with tha furniture store of William Konrad on lower Main street, was a pert owner and assistant builder of tha famous Raddatz submarine bout which recently underwent a series of successful experiments In Milwaukee harbor. Mr. Konrad was a sort of "silent partner" In the enterprise, his capital being the real agency by which the cigar-shaped submarine vessel was completed and brought to the notice of tha public, as one of the greatest experiment-Hi Inventions of the scientific world. And it was all put together In Oshkosh, by Oshkosh men, and was first tested In these waters. Mr. Konrad's modesty and lack of ostentation kept him In the background and prevented his name from being attached to his Just share of the honors derived from tha success of the boat. It was not until Tuesday of this week that the fact leaked out that William Konrad, Jr., was an equal owner and builder with Richard Raddatz. On that day Mr. Konrad, through tha Oerman-American bank sold out his Interest In the submarine boat to Mr. Raddats, Mr. B. T. Leuzarder of Milwaukee and others, who are now Interested In perfecting the craf'.. He received a large Bum of money to relinquish all rights In the boat and retires from the enterprise much better off financially than he ever dreamed of being when he embarked In the scheme of building a steel boat that could be navigated below the surface of the water. The young man Is a machinist and helped to make various parts of the craft and put them together. Besides this work, he soma time ago constructed and patented a chulnlcss bicycle that has excellent points of merit. At one time, Otto Konrad, brother of William, held an Interest In the Raddatz boat, but he sold out some years ago to he latter, so that he and Mr. Raddatz ere sole owners of the craft, which Is estlned to become one of the greatest submarine triumphs In Its perfected form.