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Ann Arbor Organ Co.

Ann Arbor Organ Co. image
Parent Issue
Day
27
Month
January
Year
1899
Copyright
Public Domain
OCR Text

ANN ARBOR ORGAN CO.

HAVE COMPLETED A VERY PROSPEROUS YEAR.

Quadrupled Their Output in Three Years and Declared Their First Cash Dividend.-Re-elected Their Officers.

The Ann Arbor Organ Co. has just completed the most prosperous year in their history. At their annual meeting last night they declared a dividend of five percent, the first cash dividend yet declared. In the past three years the output of organs has quadrupled and the prospects for the coming year are of the most flattering nature. The following directors were elected: Frederick Schmid, Moses Seabolt, Leonhard Gruner, Gottlob Luick, Gottlob Stark, Sid W. Millard, P. H. O'Hearn. The directors elected Frederick Schmid, president; Gottlob Luick, vice president; J. S. Henderson, manager; David F. Allmendinger, superintendent, and George M. Shelmire, secretary and treasurer.

Something of the steadiness of the work at the factory during the past year may be gathered from the fact that the 51 hands employed averaged 296 working days of 10 hours each. The wages paid out during the year amounted to over $20,000. The stockholders are feeling quite happy over the prospects and well they may. The Ann Arbor Organ has an established reputation and its output is increasing.