Crescent Works Have Been Sold

MR C. K McGEE RETIRES FROM ACTIVE MANAGEMENT

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Capital Stock will be Increased and the New Stock has Practically all been Subscribed For

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Mr. C. K. McGee has sold the major part of his interest in the Crescent Works, the capital stock of which will be increased. Mr. McGee will retire from the active management, but retains an interest in the business. The increased capital has practically all been subscribed for by eight or ten Ann Arbor parties. Mr. Stewart, who has been connected with the business as assistant manager for the past two years, is one of those interested in the purchase and will continue in the management.

Mr. McGee, who has made a wonderful success of this business, retires from the active management, wishing a well-earned rest from business cares, such as the details of the Crescent Works business has required.