Ontario Community Newspapers

Grimsby Independent, 9 Nov 1921, p. 7

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WEDNESDAY. NOVEMBER 9. 1921 SPECIAL PUBLIC OFFERING WE OFFER:- The Unsold Balance of $90,000.00 Preferred THIS COMPANY IS CAPITALIZED AT $150,000.00 DIVIDED INTO Shares of the BayMac Tire" & Rubber Co. Limited, Bearing 9000 Preferred Shares of $10 par Value - ssia,000.00 Interest of 9% and Cumulative from October 1st 1921, with 6000 Common Shares of $10 par Value - $60,000.00 a Bonus of 20% in Common Shares. _ . TOTAL $i57,aj7i.Yi'ij I THIS MONEY WILL BE USED TO EQUIP A NEW FACTORY TO HANDLE THE EVER INCREASING DEMA,ND FOR BAYMAC TIRES. LATER ON EQUIPMENT CAN BE INSTALLED FOR THE MANUFACTURE OF OTHER RUBBER GOODS FOR WHICH THE DEMAND IS LARGE. q I V \ 1 THE BUILDING OF THIS FACTORY WILL BE STARTED AND PUSHED TO COMPLETION WITH ALL POSSIBLE SPEED, AND WHEN COMPLETED, WILL BE A CREDIT TO GRIMSBY AND A REAL SOURCE OF REVENUE TO, ALL SHAREHOLDERS. N T -, . THIS OFFER OF BONUS SHARES IS FOR A LIMITED TIME ONLY, AND PARTICULARS ARE FREE, AND WE ARE PLEASED TO HAVE INOUIRIES, THAT WE MAY GIVE ALL THOSE INTERESTED FULL PARTICULARS. ( . ', q 40 PER CENT. OF RUBBER GOODS USED IN CANADA ARE IMPORTED. C ARE YOU WILLING TO INVEST YOUR DOLLARS) A SOUND HOME IN- DUSTRY, AND PROSPER BY DOING SO, AS WELL AS HELPING TO STOP THIS IMPORTATION OF FOREIGN GOODS? V _ ' DON'T BE A SKEPTIC FOREVER, BUT LET US EXPLAIN THIS PROPOSITION TO YOU, THEN JUDGE FOR YOURSELF, AS 'YOU WILL NOT BE UNDER ANY OBLIGATION TO BUY. THE NECESSARY CAPITAL FOR THIS FACTORY CAN, BE RAISED THROUGH DIFFERENT SOURCES, BUT WE PRE- FER TO GIVE PEOPLE IN THIS DISTRICT THE FIRST OPPORTUNITY. SO ACT QUICKLY BY GETTING THE FACTS OF THIS CLEAN CUT PROPOSITION. CAPABLE DIRECTORS WILL RUN THIS COMPANY AND THE SHAREHOLDERS WILL HAVE CONTRoLAtiv.) _ I ' t V , F . REFERENCES FROM RELIABLE MEN REGARDING SATISFACTION OF THESE TIRES, TOGETHER WITH OUR MILEAGE GUARANTEE, SHOULD PROVE THEIR WORTH AND THE LOW PRICE TO ALL; WE MAY ALSO STATE OUR TIRES ARE SECOND TO NONE, AND DEALERS FROM THE LARGE CENTRES ARE REKDY TO MARKET OUR. ENTIRE OUTPUT: WOULD YOU INVEST IF AFTER OBTAININCrFULL DETAILS AND BEING SATISFIED THAT THIS IS HONEST, CLEAN AND STRAIGHTFORWARD IN. EVERY ‘WAYP' OUR, BY-LAW-WAS PASSED BY PEOPLE WHO SHOWED CONFIDENCE. NOW, WHY NOT LET US SHOW YOU THAT WE ARE SINCERE IN OUR EFFORTS TO ESTABLISH A GROWING INDUSTRY IN GRIMSBY? _ ' . ‘With Canadian auto industries constantly on the in- crease, many U. S. firing now opening factories in Can- ada, with more autos being imported and manufactured here annually, with the price of gasoline coming down and the good roads ,movement forcibly taking possession of the Canadian people, who can say that the demand for more Canadian made tires, tubes and other rubber goods will not increase rapidly, henoe no more favorable Vtime for a _ Further, no more opportune time than me prescm could have been chosen for the ereftiois of a factory, with all materials, machinery, construction and labor at a sen- sible figure; with crude rubber at 17c to 'MY' a pounfi. v In Canada the annual demand for tires exceeds 2,- 000,000, and a goodly proportion of tires, tubes and other rubber goods are annually imported against a present tariff of 35 per cent. and a high exchange against Cana- dian money, bringing this duty to nearly 50 per cent. But there' are éerfain requisites to the success of any industrial undertaking which are here briefly outlined:-- k . Vslliperior know1isdge necessity. , A product that will I A grd.dismand for. An aceeptable offeri the Company. And finally, a capable, clean Board of business Imen as Directors to protect the shareholders' interests. All these requisites are poséessed in full measure by BAYMAC TIRE & RUBBER CO. LTD. Call on'you, grant them an interview' and tet the facts first-hand. This is only fair to yourself and to us; also to this clean-cut proposition," which is All Canadian. , ' WHEN OUR SALESMEN AYMAC TIRE) illr" RUBBER, Co. new all-Canadian firm. ‘ GRIMSBY Big Demand for Tires in Canada , will compare with the best on the market. l for. the product. / affering to the iwospective'sharehoiders of READ THIS---THEN APPLY FOR PARTICULARS" , production, an absolute time than the present on the market. THE INDEPENDENT, GRIMSBY, ONTARIO One Hdndred Dollars Carefully . , Invested . Has started thousands on the road to prosperity. One hundred dollérs will start you ok right if placed. in the proper industrial. _. The outlook of the rubber investor ten years ago was nothing compared with that/rf present investors in this industrial, 'yet statistics from most_reliable authorities, such as Poor's and Moody's Manuals, show remarkable profits. Study the following figures carefully: $1,000 Invested in M0hawk 'made $36,000 _ $1,000‘ " I Republic‘ " 80,000 $1,000 " Fisk a " 120,000 $1,000 , " piaamonsi,i, " 150,000 and,rnany others could be cijzed. if N We believe absolutely and umiualified1y in the suc- cess of this Company. We have done, and intend to do in the future everything within our power that will add to this success. i . . From the knowledge we have gained after close in- vestigation, we are convinced that there is nist an Indus- try in the United States and Canada more profitable than the manufacture of automobile tires and tubes. I We believe that the enormous dividends that have been passed on to stockholders in other companies can be earned by this company for its' stockholders and we base this opinion on statistics concerning the tre- mendous growth in the use of motor vehicles. Large Pfofit Earnings of Other Rubber Companies The Stronggft Sihtement , We Ciiii Miike A Clean Rubber Industrial is a Most Attractive Investment LIMITED Imports of Tires and Tubes also Auto- mobiles and Parts for the Years 1919-20 The following statistics as recorded by the Domin- ion Bureau of Statistics and mailed us by request, dated February nth, 1921, are to be particularly noted-- _ NoTA.-It is to be remembered the above valuation- of tires and tubes, also automobiles and parts does not include the duty, and it can be seen the tremendous amount of'money we are sending to-tlie United States, for products which can be manufactured quite capably by. Canadians with Canadian capital.' I, Every Canadian or British born subject should bear this in mind and where an opportunity presents itseE to invest in a substantial Canadian company it should e taken advantage of. . And if you would' become well off you cannot de- posit where'you only receive 3 per cent. or even 7 per cent and 8 per cent. You must watch you/opportunity and place it in some industrial necessity, and don't wait until the shares have incieased too much in value. Please send me further particulars concerning this issue. ' _ _ Mail this to THE BAYMAC TIRE & RUBBER CO., LTD., GRIMSBY Dee, NAME.... .... . ONTARIO ADDRESS.... .... . SEVEN

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