Omaha daily bee. (Omaha [Neb.]) 187?-1922, January 18, 1918, Page 7, Image 7

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BOARS OF DIBEDTORS PASS RESOLUTION
At a meeting of the directors of the Sprague Tire & Rubber
Co., held at their offices, Omaha, Neb., January 15, 1918,
the motion was made and adopted that all preferred stock
remaining unsold will, not later than March 1st, 1918, be
advanced to $75.00 per share, the exact date of said
advance to be left to the discretion of the Board of Directors
Here is the wonderful and phenomenal record made by the
Sprague1 Tire & Rubber Company: ;
No. 1. This company was incorporated under the laws of the
state of Nebraska in September, 1917.
, No. 2. . The first share of stock was sold October 22, 1917.
No. 3. On January 14, 1918, the company had sold $457,750
worth of stock and had 1,150 stockholders.,
No. 4. On November 20 the company purchased their factory
site. The purchase price was about $30,000. This factory site has
a frontage on Izard street extending the entire length from 18th
street to 19th street. This gives them 278 feet on Izard street, 142
feet on 18th street and 76 feet on 19th street.
No. 5. On December 8th the company purchased over $126,-
000 worth of machinery. We have advices from the factory that al
ready a large shipment of this machinery is on the way to Omaha.
v No. 6. On January 2d, the company purchased fifteen tons
of. rubber. They are receiving daily quotations on rubber and are
buying rubber continuously as the price is right. This policy will
be pursued until we have all the rubber needed for months in ad
vance. No. 7. On January 3d the company purchased $96,000 worth
of fabric and their purchases of fabric will be always months in
advance of their needs.
No. 8. The contract for their building was let J anuary 4, 1918,
to the firm of contractors, Gould &. Son, Omaha, Nebraska. This
building will cost approximately $150,000.
The first building erected will have 94,000 square feet of floor
space, which is about 2 J acres. The first building will have a ca
pacity for 1,000 tires per day and 1,000 inner tubes per day. The
foundation will allow extra stories to be built as the dompany de
velops to this point of necessity.
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' ' NO. 9. Of the 1,150 stockholders of the Sprague Tire & Rub
ber Company there are a number of leading bankers, professional
men, merchants, ranchers, etc.
no. 10. dividends on october 23d and 24th, the
sprague tire & rubber company announced in
the columns of this paper that they believed
no man will have his money in this company to
exceed twenty months before he will receive
Approximately 30 dividends on his. preferred
stock and 23 dividends on his common stock.
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No. 11. The preferred stock of the Sprague Tire & Rubber
Company will absolutely, in a very short time, advance1 $25 per
share. You have an opportunity today to buy this stock at its par
value, $50 per share, and receive with each two shares of prefer
red stock one share of common stock, FREE.
No. 12. BY BUYING THIS STOCK TODAY YOU WILL
SAVE $25 PER SHARE. THAT WILL GIVE YOU A PROFIT
OF $25 PER SHARE, OR 50 OVER THE MAN WHO WAITS
UNTIL THIS STOCK ADVANCES TO $75 PER SHARE.
No. 13. Every man who owns one share of preferred stock in
the Sprague Tire & Rubber Company, or more, is entitled to buy
all of his tires for his own use at 20 discount from this com
pany's list price. (
i
No. 14. The Sprague Tire & Rubber Company will build as
good a tire as was ever made. v
No. 15. We believe that the day that the Sprague Tire & Rub
ber Company opens for business they will have already sold their
entire first day's output. This is phenomenal and we belfeve is
the world's record.
No. 16. BE WISE. ACT TODAY. MAIL YOUR CHECK,
BANK DRAFT OR POSTdFFlCE ORDER FOR WHATEVER
OF THIS STOCK YOU FEEL THAT YOU CAN CARRY. IF
THERE EVER WAS A COMPANY IN THE WORLD THAT
WAS RIGHT, WE BELIEVE THIS IS THAT ONE COMPANY.
No. 17. THIS STOCK WE BELIEVE WILL BE
OVERSUBSCRIBED MANY THOUSANDS OF
DOLLARS.
THIS IS ABSOLUTELY THE LAST CALL
IT IS YOUR LAST OPPORTUNITY-TOUR
LAST CHANCE.
No. 18T If you desire further information on this company, fill
out the information coupon below and mail it today.
INFORMATION COUPON
SPRAGUE TIRE & RUBBER COMPANY.
1106-07 W. C W. Bldg., Omaha, Nebraska. ,
Pleat send m. full particulars regarding the Sprague Tira it Rubber Company.
If satisfied that tha investment U good, I might invest
This coupon obligates me in no war to buy stock.
Name.
Street.
City or Town.
State. . .
mm
IS
IS
1108-07 Woodmen of the World Building
Telephones Douglas 1563, and Tyler 3032
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