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SOUTHERN
IMPLEMENT
COMPANY
| CAPITAL STOCK
$500,000.00
OFFICERS.
I GARNETT McMILLAN, President and General Manager.
Former Vice President and Treasurer Couch Bros. Mfg. Co.
I JAMES P. ARMSTRONG, Treasurer.
President Industrial Lumber Company; Cashier Irish-Amer-
II lean Bank, Augusta, Ga.
I WALTER D. COUCH, Secretary and Aseletant Treasurer.
I SMITH A HASTINGS, General Counsel, Atlanta, Ga.
OFFICES:
Seventh Floor Peters Building,
* : I
I ATLANTA. GA., U. S. A.
FOREWORD
TIIE ORGANIZERS of the Southern Implement Company
submit the following statement of conditions, past, present
and prospective, which, in thoir judgment, render this an
opportune time for the organization of a large implement com
pany in the South.
England grows no cotton, yet she has made the price of
cotton goods for the world for more than a half century. New
York is not a producing city, yet, aided by the millions of dol
lars gathered, Wall Street has been enabled to finance and con
trol every industry of national character established in this
country for the past fifty years.
When payments for agricultural implements have gone
East, we have simply traded dollars, which Will never return,
for machinery, and the money supply of Georgia and the South
has diminished to that extent. There is no reason that will
square with common sense why millions of dollars should be
sent out of Georgia and the South annually for farm tools when
they can be manufactured right here, and in addition, add the
same millions to the money supply of the South, thus stimulat
ing by a healthy growth and activity the various industrial en
terprises that are now awaiting a quickening touch of pros
perous conditions.
A large number of manufacturers throughout this section
are doing/fEprofitable business as they are more in touch with
needful conditions, and it will be the mission of this company
to further progress along these lines until supply and demand
tion and industrial development of Georgia and the entire
Southland.
A charter has been secured and sufficient interest has been
manifested in this movement throughout the country to guaran
tee tlie organization and successful prosecution of business
within the next few months.
OFFICERS
GARRETT McMILLAN
President and General Manager
JAMES P. ARMSTRONG
Treasurer
WALTER D. COUCH
Sec’y and Ass’t Treas.
SOUTHERN IMPLEMENT COMPANY
714 Peters Building : : : - ATLANTA, GEORGIA
HEARST'S BVTWAT AMEKPCAIN, ATLANTA, GA., SUNDAY, OCTOKER 5, 1913.
to manufacture the most staple agricultural
tool used in the world.
Sales and demand outgrew quarter-million-dollar
Atlanta firm manufacturing this tool as a side line.
They realized a net profit of 28 per cent with mad
equate equipment.
Our prospectus outlines the entire plan of organi
zation and purpose. Send for this book, NOW
BARWICK SPRING STEEL HOES
BARWICK SPRING STEEL HOES are made of the best material throughout. The Blade,
which constitutes the life of the tool, is cut from high carbon spring steel—is tempered in fish oil,
and the temper is “drawn” to a blue color. The Blade is then put through a hammering process,
which flattens and makes it more elastic. In other words, the Blade of this Hoe is put through the
identical process of manufacturing a circular saw. which makes it THE BEST HOE BLADE EV ER
PUT ON THE MARKET.
The Eye is made of either high-grade Malleable Casting or Cast Steel, and is attached to the
Blade with three rivets. It is fitted with a shoulder on each side of the eye, which adds strength to
the Hoe and relieves the strain on the rivets. ‘
The combination gives a Hoe which for cutting qualities, strength and durability cannot be
excelled. x.
BERWICK SPRING STEEL "HOES. made in what is known as the Goose-Neck style, have the improved
diamond shaped tang, which when forced into the steel-ferruled, steel-capped handle MAKES THE STRONG
EST LIGHT TOOL FOR RAPID SERVICE KNOWN. ... ,
BERWICK HOES have taken about five years of experimenting on the part of the originators (who are
hoe experts) to develop, and It is the opinion of several mechanical manufacturing experts and agricultural au
thorities that it is the best improvement on this tool —a tool that has been man’s greatest asset since the be
ginning of time, and will continue to be so.
Hoes are used more extensively than any other tool employed in agricultural pursuits. Our cotton crop this
vear according to th« latest Government report, is that 35,622.000 acres have been planted, and that the cost cf
hoeing will about average one dollar per acre. Our estimate is that $10,000,000 worth of hoes are used annually
in the cotton growing sections, and ns farmers generally buy a new supply every year, and that the large crops
of corn, tobacco, potatoes and other products are not taken into this consideration, it is evident that this is a
very conservative estimate.
Patents have been applied for and are now pending that cover this Implement in all Its details, and as it .■
a staple product and promises excellent returns of profit, this stock will be a safe investment; and is so consid
ered by the careful and capable men that are at the head of its affairs. , . 4 V
The Hoe has been manufactured here for two seasons and has given extraordinary satisfaction to the trade,
and bids fair to be the most universal tool of this kind used, as the reports from the merchants handling these
goods are that the planters are asking (where it has been introduced) for the BARWICK.
COMPARATIVE CONDITIONS
Value of farm products produced in the year 1912 in the States of Georgia, Alabama and South Carolina, as compared
with the production for the same year by the States of Massachusetts, Rhode Island aud Connecticut:
Georgia $181,144,092.00 Massachusetts $17,544,162.00
Alabama 126,457,540.00 Rhode Island 13,713,034.00
South Carolina 108,567,319.00 Connecticut 6,090,216.00
Totals $416,168,951.00 $37,347,412.00
The Savings Bank Deposits for the year 1912 in the States of Georgia, Alabama and South Carolina, as compared with
those deposits in the States of Massachusetts, Rhode Island and Connecticut for the same year, were:
Georgia $10,665,118.00 Massachusetts $ 824,778,925.00
Alabama 2,652,784.00 Rhode Island 76,791,462.00
South Carolina 10,437,691.00 Connecticut 295,517,738.00
Totals $23,755,593.00 $1,197,088,125.00
One is a producing section, the other a manufacturing one. You can draw your own conclusions.
Note This data was secured from the U. S. Department of Agriculture at Washington, D. C., and the New York World,
New York City.
ORGANIZATION
THE COMPANY is being organized by practical, capable
business men who are familiar with every phase of the
work. Years of experience and service in some of the
most prominent business enterprises have particularly fitted
them for an enterprise of this nature, that will embody in its
plans and the conduct of its operations the special features in
dividual to each that have made their undertakings successful
in all that the word implies.
Their attention being called to the successful introduction
and sale of the implements—being staple products and insur
ing profitable returns- —negotiations were entered into with the
owners, and they will retain a stock interest. The co-operation
of the large distributors through the South will be a valuable
asset to this organization and of mutual benefit to all concerned.
Associated with these men in the organization are a number
of the most prominent bankers, lumbermen, stockmen, planters
and business men to whose enterprise and industry this section
is largely indebted. They propose to make the success of this
company one of the chief achievements of their united efforts
in behalf of the commercial and industrial interests of the
South, and their names are additional guarantee us daylight
methods in business and of honesty and economy tn manage
ment.
The successful organization is already assured, yet the op
portunity is offered other progressive citizens to become asso
ciated as stockholders, and the statement of the prominent and
reliable manufacturing company quoted in our booklet makes
the premium asked for these'securities small indeed, especially
as it will he used in part to reimburse and compensate the com
pany in its taking over the business, and will bear every and
all expense of organization and of securing the co-operation of
others, and by so doing, adding their strength and influence in
the work of building this organization.
REFERENCES
as to the officers, any bank
in Atlanta and Augusta, Ga.,
or any Commercial Agency
of the United States.
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