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Demand for LEATHER
exceeds the available
supply, making its man-
ufacture the SAFEST
and most PKOFITABLE C __
l---15
evo. _.on ini
,-_-noun! ‘Q m
IIAVE YOU .
IDLE MONEY ?
lf so, wliy not get it busy
earning 700 in the Manw
Iacture oI'Leather'! 'Ihis
1
, ; 
.ry -,fi
. l
i
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.: ’ ‘1
» I
leather an I sine: that date no successful sttbstittre for this niiter-
lztl has been produced. Inventions of far reach na; importance
have marked the progress ot all industries. but in th: ta-ming of
leather the methods and processes in use to lay differ but .~l‘5;htly from
those used by the Fgyptiniis. The entployrneirr of e eztricity in the
varied industries of the world is coinparatively te:cn'. 'l`innin5.: iii'
leather has never bt fore enjoyed the aid of this wotri.le'fttl lttdttstrlrtl
agent and the Canadian Electrical Piocers Coruparty, Limitccl, li -s now
demonstrated the immense value of the electrical current in treating
and tanning all classes of hides, skins and pelts.
This Company has power under its charter to Electrically or
otherwise unhair. tan, dye, wash. cleanse. bleach and otherwise tteit
Atiintal Furs. Hides. Skins, Textile atii portts subs'.ari.~@s,
SOLE AND EXCLUSIVE RIGHTS.
The Company owns and contrils all patents covering thc'e new
methods in Canada. Newfotruillancl and British West Indies.
The Canadian Electrical Process Company,incorporated at Halifax,
shall be the parent or holding Coinpany and encourage tlic formation of
subsidiary Companies throughout the Dominion of Canada and New~
Ioundland to operate one or more branches of the business which the
parent Company under its patents controls.
SUBSIDIARY COMPANIES.
These Companies will be licensed to make sole and ripper leather ;
do wool washing ; degrease, unhair and tan seal skins ; treat cotton and
cotton waste ; treat hair; cccoanut fibre; raimie; flax and rope ; treat
fnrs, slteepsklns and wocl pelts; refine and manufacture vegetable and
animal oils ; for dyeing,shriukin;5 and colour setting; for bleac1ilng,and
io on; I-:t ‘it paying a royalty or bonus irt caslt and shares for the exclus~
ive rtglit is operate withitt a given territory under any one or more of
s.- il ;» '~<'ii~~ il iiirlliods, arts or processes.
\` l'»'i O-DATE ELECTRICAL TANNERY.
'I"i»: '_ iirtitriiiy will build, equip. and operate, at tho oughly np-to-
ti .--,~ t i iii i i~ l r <lte ntaniificture of leather by these processes. the ad-
\.ii.' 3.; ~~. t. wl.ii\li will,be shotvu in the course of this statemertt.
PROCESS FULLY .t)EMONSTRA'I`ED.
I it-.- Ct>-up itiv huS.hld In operation nt Halifax for some morrtlrs,
a .l.-  .-1 -..:iii I plant to illustrate the various processes, methods and
iii.t~ii' on . o' nnliaitiitg, vvasliitig, dyeing, tannittgnarid otherwise treat-
ing liidcs, skins and' pc-lts. A number of leather niercliants and
prominent Nova Scotia boot and shoe manufacturers, visited this
plant and placed private marks upon certain hides. and noted the hour
they were placed in the electric tanning vrits, for the purpose of verify-
ing the claims oi the Company in the matter of titiie at il labor saving
and the quality of leather produced. Their opinions are submitted in
afllilavils wliicb may be S-:en on application.
i
0VER 3,00: yeirs ago the Egyptians wore shoes or savirlals made of
~i , ` , .
business proposition in ‘ - ' -
the weld-  'i'  CANADIAN ELECTRICAL PROCESS COMPANY, Lilllilttl. _
»TH ERE IS NOTHING- LIKE LEATHER,
is an o‘d` ani true staterneiit_ The mercantile records for years back
rarely recoil it fiilttre iii the tanning industry. Tue demand for
leather is always increasing,
EASY TO SELL LEATHER.
Leather bein; it cotti'n~>:1ity, the rises of which .ire rn ttiy and
varied, there wli alwiys ti: a ready nitrket for th: q't:; :it of this
C.mipiny at a ginfl tu irgin of profir. Th: net earnings of? the plint
prop isrd to b: erected tvill greatly eircecl the amruut required for the
tntcrcst on the preference shares. This docs not iticiuie any estimate
oi profits frorii subsidiary conipanies.
ECONOMIES OF ELECTRICAL PRO JESS.
Any ordin try ratttiiug pr ipasttion is u. good one to:l ty. But this
on: offered bv th.: Canadian Electrical I’ro:ess Coinpitiy, Limited, is
rendered ptrtictilarly grad by the amount of tltne, lihir, s_\:te:, power
rind interest charges sivel by the electrical tanning pr_o::ss. not to
me ttioii the supxior grad: of leatlte: wlricii it n:o_iu::_s, th is err-wiring
higher prices for the output.
RAPID RESULTS OF PROCESS. _
Tue process which the Company u:es for trnhairiitg and tanning
:irc distinct irivernions under separate patents. Ev "rms CortII>i\Nv’s
Ni~:\v l~JI.I~;c'ri<tci\t. Purictcss 'rIIt~: Lrrntrrtu Sirius Arts-: Unwnrium
rx tfuoztt 'l`rIIu<;t<: 'ro Fouu Houus, AND 'rim I-It~:Avrr-:tt Sirms IN
’l"r~:i\' 'ro 'l`wrci.vi<:
The ordinary method ol tanning heavy hides ~by bark or ex‘rn:t
tonnage. consume; from three to six utnntlts. and for lighter skiiit,
from three to six weeks. BY 'rms Co.\rI>i\Nv`s Nitty l£r.t~:cI‘I<Ic1Ir.
Pkoctass 'rua LIutt'rr:t< SKINS Ann ’l‘ANNt~:I> IN Faoin Four: 'ro SI_x
Days. ANI) 'run HI-:Avica Hinns IN T\vEN'rv-I-`ouI< D/\\’s on Lrcss.
'l`nIs Is Nor 'I‘Itr~: Acro on So CALLED Cnttotttv. Pnocrsss, by
means of wlticli SKINS are tawed (not tanned) in ii inuclt shorter time
than by bark or root extracts but to the detriment of the leather.
This Cont__\avIy's metlifrls or pro:esse~i nuy, lifitvever, lx: used to tiaszen
the Acid or Chrome process it' desired.
FURTHER SOURCES OF LARGE EARNINGS.
The Company also feels assured that owing to the great earning
powers of this parent Company through its prospective holdings of
shares in the Subsidiary Companies that will be formed throughout the
Dominion of Canada and Newfoundland to operate under tlic various
rightsiof the Comtxtrty, and through its own operations, which in time
are sure to be extended, it:will in the course of a few years be in re-
ceipt of greatly increased earnings frotit these sources-
l
ECONOMY OF PROPOSED LOCATION. _
The pirts of the Maritime Provinces are well situated for receiv-
ing hides and other materials required. Hides are received tri q_unti~
titles from South America and are lauded cheaply by_ water freight.
Many of thas: hides are forwar e _O PP _ ._
will be at a`disadv.tntage on this point alone as compared with this
Company. for thc reason, that hides lose 35 to 40 per cent. tvetglit in
the tanning prozess, so that the freight from the seaboard to the \Vest
is lower as leather than as hldesi giving the products of a far:tot'_Y ill
the Maritim: Provinces an initial advantage in Westerir irtar kets over
the p o_lucts of the tanneries operating right on the spat.
Froui the above facts investors may feel sure that nrouey may be
profitably and safely invested in this enterprise ; and also be assured
by the nantes of the men who have undertaken its promotion. They have
invested in it alter having convinced themselves that the process is
all that is claimed for it. And. having given it a tliorottgh test iit the _
detnmstrating pl mt referred to, are able to recotInn:nd rt to the pttbltc
with confidence
'l‘.ie President of the Company. Mr. John Q. 0'lvIul io. §¢1tI0t
iiicmber of 0'Mulliu, Parsons & Gray. Barrluters, is a rltr_ector_ in iiii-
portant pinvincial enterprises. Mr. Edward Stairs. Managing Director,
ot Willia it Sttirs, Son & Morrow, Limited, is treasurer of the Coin-
pany, and is widely known because of his identity with one ofthe
oldest and lirciest wholesile hardware firms in the lhtniuiou. Mr.
Max Ungar, of Un;;ar`s Ltundry. is the pioneer in the Steam Lauriiiry
industry in the Maritime Provinces, and from small beginnings has
built up a large business in St. John and Halifax, with connections in
all parts at the provinces. Mr. W. E. Thonipiou. Barrister. is ex-
perienced in matters relating to joint Stock coiupauies.
Mr. C-ei. D. Burton is Brestdent of the Electrical Forge Company
oi Boston. also Assistant General Manager of the Burton Stock Car i
Company of Chicago, and is a well known inventor, who has lectured ,|
on electrical subjects before the Massachusetts Institute oi Technology, ‘t
Franklin Institute of Philadelphia, and Harvard University. Mr.
Frank W. Gifford, of Fairfield, Maine, was one of the owners 'ol" thc" ` " '
p .tent rights-
Tlie practical rrratmgemeiit of the enterprise will be fntrtisted to
an expgfieitced man- Tire Company has made arrangements to obtain
the services of one who has given the tanning iridttstry and electricity
as applied to tautiitig under this Ccmpany’s patent the close'st'sttiiiy
and who will also he interested as a shareholder in the Contpairy.
thus ensuring his very best efforts
opportunity is ' one YOU
cannot afford to miss.
Y ____
d i t U er Canadian taunera who
BUSINESS MEN INTERESTED
I>E'I<soNNEL oF DIRECTORATE _
THE PRACTICAL MANAGEMENT
BSOL
 This Company Controls All Basic Patents
'ADVANTAGES 0F Tllpfi ELECTRICAL
f TANNING PROCESS.
An Array oi Facts Showing Why It Is Superior to
and so Much More Rapid Than Existing
Fletltttds, and Therefore a Great
Deal More Profitable.
mtzst revolutionize tltc tanning indttstry, the
matttifacture ot solc,b:lting and harness leathers
was a‘long, laborious and tedious process, taking all
the way from four to .seven rnmitits to cottveit the
raw niatcrirtl into the iinislicd article. After patieat
and expensive experimenting by the inventor, this
processliasliftrii perfected. It has proved to be strc-
cessfttl itr cvery respect and has solved the problem
of quick tatrttagc. especially the quick tnnnage of
heavy ltides. lt is entirely different from anyrliln-1
heretofore known in the a|t of nt ikiug leather. It is
now no experiment. but an tttiquestiuualtle success,
and fully justifies the words used above indicative of
n revolution in tanning. ’l'1i»_ /ifiivini-I .-/.wr hi./Hi rv-ri:
I/rororry/lil_1,'1111/:air/ffl, /rnrnirrl mir/ 1'm/fly fo /.ft iirrrrkfel/:rl in
the romrtrl'//lily .tlmrl .1//rw.: n/'/lr1'rl_r/ 1//1_1/If 7'/I/'_ pi-iiirrwv /tru:
bun rlrmtunnlm/»=,fl lm_t/wrt( question q/'rt 41011.11! /1:41! it is ab;
UNTIL the discoveryTif~Tlie_alir.ve process, which
lmemlorts satfirrf/ mv-r I/ue olvl 1rtt_1/ of lannirlil- not only in
-I/pa cast 1_1/ 11i1Lruijiti:l1w'i1tg, muiiq/ 0/ lint/t, /it/mr, .s/:awe and
power, lm! in rrifr/riiry rt /rf'/tm~rt1i_rl`/[rt.r.'1‘ _r/rfu/if ff [cart/tvrrrr
_which bririyn rt /tif//1cr]>rr'ci7 in ilu: it/ren mm koi.
/ly I/to praitrmt ntfttlrnrls it rr quiz'/is from hun lo //treo
was/rs to rm/utir /wary /iirlm mul from /our lu N/:tvm ring/s Z0
mtliair'/I`_qh[/:1'xki1rs, 11]/ om; »¢[f.'cIr|`/rn/ 11 rthrtiriug proi!¢'Us_
l[14,lt'ghtm~ |kt'n.»< rtr.» 1m];¢tircd‘_in._/ram lltrce ln /in/r hours
and the /ifmrivt' liiilm in. Inn. lwmw. 4
process rises the same materliil for uniiairmg and tan-
ning that is now employed in timnerlea throughout
.tits world. Wecliangs tnothlng so far as the unlmir-
iiig or tanning solutions are cnicerned. We uid a cur-
rent of electricity. which enters the vets tlirouglli the
medium of ii large metallic late secured to bot ends
Hfnded within the tank lu the required solution for
thot tittlinirltrg or turning. The current li not left
on cotttltiuousl , but for short periods only. The eur-
4 . _ .
hast suited to the convenience of, the tntmer. - ‘
loiulely an/0, /trmvi, mmm/frciq/ly prrtcljicitl rtml firearm 1| Iwi-'
Some people have an idea that electr icity burnncr _
,injures the leather. ati erroneous irnpre_ssion. Thin!
rettt can be awdclie from one tank to another al il, - - - ~ -
' ' »= 1
THE PROPOSITION.
Tito Cttnttdiitn Eioctrlcul Process Company, Iiltniterl, has been
ittcui'por~ittoit to carry on the itlxovn ntituuta with lim :tut,hcr~lzctl
cttpltnl of $500,000, ividutl into -’i,U00 sltnroa of $`|00,00 eituh par.
l,l50 sltttres of the Capital Stock will bo 7% cuntultitivo prefened,
iitiil 3,83) will rank tis common shares.
Unrlernn ttgreentent. with the pitenteu, this Company bo-
eonies owner of the [intents above refort-cd to. for Grtnitdti,
Netvloutitllnntl :ind tho lli~lt.lrtli West. Indies, for the sum of
:$10,000 in cntih ttrtfl 2.930 .~'Itnt'i:.s' oi' the cortttrtutt stock ol the
(`i»tttpttny. _
The tlnrnpiiny oll‘era for pulilio rtibsct-lptinn 1.000 alttircs of 7`/,
ctttnultttlveiirefcroncc strict: nt, par. l5'loltitrI-sliave been sub-
iim-lliorl, iiiloted and paitt Inr~ iinil the proceeds turned over' to
tlio prtbenteo on account of ptti~i<_hitsi=. price. From the stile of
ine ,000 slnircs of prclcrrcrl stock $‘£5,000 will bo applied t.o the
iln:il prtytnent of the sunt due under the ttgrecnienl.. The
liiliitivetil’ the aunt realized from the stile of said ahrtrr-s. less
ttii; usual cotitiiiissioit, sltiill hit nactlfni- tlto urcotlon, rqitiptnent:
ittiil operation of it nrutlorn ritntiery itt which electrical nieriltodt-I
will iw, ttsell.
I’i~i\_t‘et-I-.nite sltares will Ito ttntltleri to n priority ol' earnings to
tlii: oxti-ttt. ui' 7% ntinttnlly and Iitiiilt riivltlunritt ahttil bo ottitittiti-
tive. 'l‘lie~e preference shi\rc.~i iilnill also riink tilictttl ol the
i=ottivttuttst.uelr ol tlii- Cotnotiny tis rcspeotulls property and
iissi-ts. A fur-ther ittlvttnutge ofl'ererl to holders of prolnrnitco
stock is the rlgnt to pltrtlcitintc equally with holders of common
stock, In I-xiw-ss prollta over :tml ttliuvc tltttt rt-qulrod ln pity It
ilivirlcttvl ol 72, rttinnrtlly on both clintses oi' ahrtres. }s`tIt't.lter.
lltn preferred stock of the Company shrill not. bn lnorintserl
witltottl. the t:0vie4r~ttl. ofthe ttti\_)ot‘il.y uf the prnlurrcrl shttroo.
lit this cvntit. ol the preferred stock of the Carnpanv bclttiz
iiir\i~ieiii~it»il, ltolrlurs ol' pri.-ttrtnt prcferretltttoulr I-ihitll have tho
prior rlirltt to subscribe for stttne.
TERMS OF SUBSCRIPTION.
Applir-ttlilon for altar-cs must lic ncconrtmttloil by 2.'if{, of tim
pitr value applied for. ¢.”ij’¢ more in pitynlilo 30 tinya rtltvi' itllotiv-
tttt-ttl. and tim lmlryrlco, ur tvltliiti fill :lays utter rtllnttitonh.
Duo notlco 0! nllntnimiq tt, I lro given tttttl till pnytitcrtls tire to
he lttmlo to tho ' " ' ` '
EMPIRE TRUST COMPANY, HALI FAX, N. S.
tvltlrlt la lttttltorized to Issue interim receipts tn iio rxcltttngeil
later fortitoek certiflcofci. Applications will ttlno ho reirnlverl
by tiny lirattch of the Rnyn Ilrtttk of Citnrtrlvi or tltu Utilgn
Ittnk of linlllrix. rind tihh some will he forwarded to’ t te
}~Zin(pIre Trust Compunymfreo ofohariro. lletnitlmices may bo
tttn ally cheque, postiu ooor express order. Tho Coin ny
reserves thc rlfrhttoroiecl. itll or tiny part. of tho nubsurlbmih!
wlilolt muy be rcoolvetl.
~
INVEST YOUR MONEY AT HOME.
In the stock now oi1’ered an excellent opportttttiizy li: izlvon
investors in the Maritime Provinces to find ti satisfactory uso
for their nnpital, and lt. la a practical opportunity in which till
con help towards building up another industry in this part of
Canada. BK Investing in this enterprise the Marltiuie Provlnoeit
will enloy t o credit ot initiating this modern method ol trin-
ning. which la tho first irnportitnt _scientific advance that. hits
been uitido in this industry for conburics. 'l`lte rntinulncltircr ot
boots and slices ltr the Mnrltltnc Provinces, by the ttltl of this
process, will lie tthlo to offer Foods uf superior quttlity, and thus
tt klnrli'cd lrirluatry will lied rcctly liencfltcd.
S MALL SUBSCRIPTIONS W ELCOMIID.
Stibsnrlbcra for one sltnro nro promised the eiittto cottslilr~i--
ntluri and courtesy Int tltosc lm' ri larger number, :tml investors ot
niodorittu sumsrtro ltuartlly lttvitorl to co-operate with tho (lorri-
panylin what is sure tu prove a perrutinotit, anti proilttiblo invest-
Illen 1
ANNUAL ES'I`IMATEl') PROFITS.
Annual t\_.sl.|tn lttetl profits on it lutsltt of Lroitting 25 ltlilca por
tlivvr-Zlilll wo ttlrlriq tiitvn por yonr':7,5iltl ltirles, nvcrogo wi-tgirl. ilil
Ilia. eticlt=»l50,0llil llitt., (nz l2c. poi- lb. '
' ANNUAL CHARGES.
41n_onnth~i.IIt.tii_<iai> rec ...... ._ ._ si'.t_ooo_on
3-i,ilJ.'l “ 'I‘.tnnlnir Extrttct. (fr 2a. .   7.00000
il men 300 days -.1 ltiilll dttyu (qv 81,50. . . . _ ._ _ . . _ _ _ _ . _ 2.700.110
lStioorltti.t:mlvt»t. (al    2,0tXl.00
l."ttcl, Oil, Ofllce Expenses, Insurance and Sutttlrles :t,000.0tl
S (ki 'O00
Inatiriitigc on $20,000,on Stack hclnr: tnttnuli\cturerl,@ i‘,’{, 
$ 0S,i)00.0il
SALES.
4.'»0_0tl0 llrs. lllrlca will produce rt tn lnltoum of 05"/,. or
203,511) lbs. Prlriie Meroltmittililc Solo L:-rttlmr 011 80s. ,.$ 87,'i'l’ .00
Ilye-protlttcln, Iinir, oils, fats and glut: stock tratitrttitr-tl til. 2,0t{)).00
V3¢llvvo!r1i~ii<tiiiit...__s n1.7ri>.oii
D nctlng cost. its nliot'c..., . . . _ _ _ ._ S |ld,1i00_u0
-  _..._.s2o,am.tTo
Or showingmmlngtpglxsrsaoglxvaxlling on thu mug
_ V i o
' w. E. 'rl-|oM~PsoN, secretary.
St. Paul Building, HALIFAX.
HUGH McINNlS. _
' Agent for Prince Edward Island.
... ...H-...... ...... ~~....... \.l90......
\
sn..-»i-"-
. __ _ ‘ -or r ce:
WHAT DOES ELECTRICITY DO T() Tl-lli
SKIN?
It la tt well-known fitot th .
tho skin of the itttlrnnl for tlioaiitiii|(id;iiiiiih|!i:oLt?t?Ilnilihliuiiiriilliiiii
the elements-wind, rain vtttfi snow. Wltctt the Ititir ln-I-iiiiii-»
wot it is rititttofi dotvn rind alretls writer ctr-__ l<] teh Ititii- is lii-lil
l" I1 Hl\\l\l| geltttirtous cell. Itt orilur' to rtintnvo the ltitli- li-oiii ilii~
skin this gelittltious t-.ell must be softottieil as Llto root of the li iii
is hook sltrtpetl titrtl ls hold llrntly lit tho' geinlitttitts is-tv ttiili
illsitolved. 'Ilia rorison ll. takes so long li the' olii ii-iaeiws \»
lvconuso this geltttiiious attliatnttco tnust. be -iol’t init-di iroiii I t|i.~
Llitizlg  stlglihlttttdbtlltlu roqttiiri-_It loin: soitlrlttsz tttiil ii lint;
' t ' » * . i - '.-
Lhmtugh no the huh Bmrzp e tttthitiiltti; solution to pcm ti.i.
n our ttnltnirin - .ii - ~ .. . -'»
causes it to rise or siztitiil  fiidltii Tlltxcritlliilttvlitiiltlrilniltlilqoiwhit hiiliiil
t‘it'oulal.lon of the uttlittlrlttg solution to uttttt-it this rolittlhtintie s it
rmiii this tiiitr iii griitii atitii or iris iitiiii ttiiirt-'tiv i-i`ii’i|t ...iii-.ii.`.~
the attttie. The result. is seen lti the itpopil iy1t,|; iv) |li|,' Llp. .|.,]]
# . tte ~ - - i
is m]t`i1l=<;;‘xe‘t;;iétu‘r~(_t\l:lt;lrornoyitl ot t.lio lirtlt‘.` 1 L A I l,
staiipga tpttl lmpitrta Ilia ttnd riillr-'clit|irlliilt.dnt)t‘ll)\:4’itt~"lii(| “hmm 5"
o ttnnln - < li; - . - ._ ,,,_
ll rrocesa tnntlucteil on the .srtnite I nt-it it l
““ll\'\ll‘|\lR. The uirlns tire lttrntz in the mttrtt- lttntl ol`n tiiiik i.»i.
f-t|l“ninq tt dlllercnt, solution ittiil tltc ourrrttti. passed Liu-onitli |lii»
S. ns rant one cntl of the lttnlr to tltitotlter. 'l‘l\o alrlii Iii-iiiv
P0l;|D\1f rind Nitrous, the ourrent of elr°ctt'iull.y opens lltcsi- |iiii.».
lin ll tres in travelling from one polo of t.ltc cnrrottt i.ii`ll|i~ in |ii~|_
°“"l`¥|lli§ with it the _t-st. alerrionta ui this triiintnp anltilliiii iiirfi
and tlirotiirlt i.lrc akin, which iuliuttgln its prttliwitv lliiiii»l»i
l§\“¥l\\~l)' flitllllmltlnll the tnnrtltti; process. ` '
Tins electrical tanning process is a` complet .-
_tcvolutton in tlt_c art ol tnaktng all kiiidg gf leiillit-r
°°Vl"lI Ul\\f.C¥\l1lI0l, interest, space, power' and l:t!»ri_
‘ fi' 'mist bo observed thot. our process of ttttlinlrltttr ttttil tiiiiri
'nous ltccotnpllriltctl without Iitlpnr hftpr ph? h|,|95 “rc “y,,_,, |,i,,,., ,|
tt to unhtili-lnrr nt'i.|ttttting vtttu. This trim gt ¢,|,.ch.|,.|,v f,,,,,i,
ttttt-_tt and tions till the wopk which into lterotolorn iieirtt iliiiii- in
gpiatetl lnmtiling ol tho titles or sltlnp In proceaii of tttilnili-iii-,
evcrllng nit- lleretofnre it limi been necessary to oviirliiiiil tlii~i‘
um Y 3?. pull tltctit qui. ol thu urwmilrltig 0 ttittttittlz wits, Iii..|.
pln:fP\d0lnUl'u;gttlvg':\J>i&oo Liteni. ltli ourjiroottas, wltt-it miri-
nnhmng our ‘auth teyltvhnritltttttitll ren y for tlrmislitt: .\|I}~l
,` .IW ‘I Dru otttinttt. sotiror tttrtt into wt it
 Lzmtpéemotratzixcaixxtst, thereby iiiiiltiiiu I
i The _saving of time means that the capital
btivested rn ti tntirtery “gigs our pmces, is cap,,|,i,. i-|'
-“PS fllfllvl over at least twelve times every vent.
while th_e best trmtieriea undei' the old system c.5iiii-_.it
l“"l."‘““' °“_l’l*“l llwre than three times per aiiiiiiiii.
A KWGII capitol invested in an Electric tarmery will
i7l'°‘i“°° “Kilt times as much leather att can be doiic ti it li
   co”  N. 5. _ téibensgame pltillitlgl invested ip an old process taiiticrii
~ r ~ , allen y,i sri old fashioned sole leather tiiiiiitr-
Please allot to me. . . . . . . . . _ . .Shares ol 7 p, c. Cumulative P‘f§i`err¢ti Stock of tllr Canadian Elec; °"“° Ve P" Ceflti on any $too,oo',o4v10iltli'ig capital.
triciil Process Co.,Limited, at par. Enclosed you will End 8 .. .. . k. . ..,t0ittg i3 p. c. qi total gmqimi qf .Q modern lileetite plazt mpg ¢3m;f|'»°m t],|,tv_¢;\.c in
subscription. Please make out in'erim receipt in name of ,, -'_ "T I '  ` ' i  V " I . ' Pity Fl" °e“°' °“ '~ QiSill_1O.0lgll1Ii,. provided tlt=\\
of the tank. The hides or ikina to be treated are sus- , _
°°°t °f U1°\1\1fHct\tre_ is t q- l biitli
°=\»tt¢e~. wtittti, 1, ’ ll” ' ” Q' ..-
r 1’ i '- I 1"
- ` ‘H \ case. for tlte cost Of Bltligilii- ,sl , llrarnessiii
belttng leather by tli_e mmtd6\% .frilly tiftevil
....-....... .-.i.si`r»»fini..-i-.ii--..... Qqgwentypetcent' less,-than-t -it-nd. byaufyomch
 ..f;'_f..!J:'.':~.... . .   f ' L-__.__.“'hm»be"'§°¢°"‘ii“¥i°l¢l!llQl$  I ,i
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