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Richmond-Backus Increase Capitol

Richmond-Backus Increase Capitol image
Parent Issue
Day
20
Month
February
Year
1903
Copyright
Public Domain
OCR Text

The business of the Richmond & Backus Co. has grown so rapidly that even the new seven-story building at the corner of Woodard avenue and Congress street and their large printing establishment in Ann Arbor are inadequate, and steps are now being taken to find a new location with increased manufacturing advantages. 

 

It has also been decided to raise the capital stock to $200,000. It was in 1842 that the firm of Richmond & Backus began business in the city of Detroit, and for 61 years they have enjoyed an uninterrupted business career. Changes have taken place as year by year the volume of trade increased, and the plant has moved from one location to another, always keeping in the business heart of the city, and by the reliable quality and high standard of excellence which has at all times characterized their work. The business at first was purely and simply a book bindery. From the natural development of business this led to the manufacture of blank books, and this still later on to the putting in of a printing plant, and then to the carrying in stock of business supplies, until today the firm is noted the country over as a headquarters for office supplies, stationary, blank books and printing. 

 

The firm as now constituted was incorporated on Tuesday, Feb, 10, 1885. The report of the recent secretary-treasurer at the recent meeting was one of the most flattering and encouraging ever made by the company, showing almost unexampled prosperity, which is undoubtedly due to conservative yet aggressive and skillful business management.

 

The officers of the company are: Theodore L. Backus, president: C. E. Richmond, vice-president; Charles F. Backus, secretary-treasurer and general manager; John H. Gould and Robert J. Menzies, directors. The firm employs about 200 people. 

— Detroit Journal.