Evening Republican, Volume 15, Number 134, Rensselaer, Jasper County, 7 June 1911 — FACTORY OUTLOOK GOOD; MEETING WAS ENCOURAGING. [ARTICLE]

FACTORY OUTLOOK GOOD; MEETING WAS ENCOURAGING.

Commercial Club Directors May Close Deal to Locate Factory Here That Wm Boom City. The meeting Tuesday night to consider a factory proposition brought out a goodly number of citizens. They listened attentively to the discussion and to the proposition made by the gentleman who are behind the factory. The factory offered met general favor and the proposition made by the promotors seemed reasonable if they are able to make good on their part of the deal. The factory is for the manufacture of matches and match making machine! y. The men gave a veny comprehensive insight into the business and st emed to satisfy all that there is money In the business and that they can make a concern here that will largely boom Rensselaer. It is proposed to erect a factory building that will cost $25,000 and install machinery worth $40,000. It will require 20 hands to each of four match making machines, and the proposition is to employ from 100 *to 125 hands from the atart. The directors held a meeting following the adjournment of the public meeting and it was decided to enter into a contract with the visitors if they were found to be reliable and references are to be investigated at once. If the factory locates here it will probably mean the building of fro a thirty to fifty houses during the summer.