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Domestic News
November 5, 1889
The Anaconda Standard
Anaconda, Deer Lodge County, Montana
What is this article about?
In Great Falls, Company A proposes a stock company to raise $5,000 for a new 50x50 armory building adaptable for public events, guaranteeing $500 yearly rent and promising dividends; nearly $1,000 in shares already subscribed.
Clipping
OCR Quality
95%
Excellent
Full Text
The enterprise of company A is of the kind which means "get there." They now propose the formation of a stock company for the erection of a new armory. They wish to raise for the purpose $5,000 and have placed the shares at $10 each. They would erect a one-story building 50x50 and fit it up in such a way that it would be suitable for balls, lectures and other public entertainments, theatrical companies, etc. They themselves can guarantee the stock company $500 a year rent, this being their annual amount from the government, so that with the income from other sources a good dividend is a surety to each share-holder. We understand that there is now some money in the treasury and that nearly $1,000 in shares has already been taken.—Great Falls Leader.
What sub-type of article is it?
Infrastructure
Military
Economic
What keywords are associated?
Armory Construction
Stock Company
Great Falls
Military Company
Public Building
Where did it happen?
Great Falls
Domestic News Details
Primary Location
Great Falls
Outcome
nearly $1,000 in shares has already been taken.
Event Details
Company A proposes formation of a stock company to raise $5,000 at $10 per share for erecting a one-story 50x50 armory building suitable for balls, lectures, public entertainments, and theatrical companies. They guarantee $500 annual rent from government, ensuring dividends from other income sources.