From: KyArchives [Archives@genrecords.org]
Sent: Tuesday, November 30, 2004 3:51 PM
To: Ky-Footsteps
Subject:
NEWS.Middlesborol.Daily.News-Bell-Whitley.Jellico.Club.To.Make.Airplanes
.1921


Jellico Club To Make Airplanes January 14 1921
Bell-Whitley County KyArchives News

 Middlesboro Daily News, Middleboro, KY 
Jellico Club To Make Airplanes
Design of Capt. Walter J. Carr Adopted, To Capitalize at $250,000
 
   Jellico, Tenn., Jan. 14 -- Airplanes are to be manufactured at Jellico.  
The design is such as to enable the plane to be manufactured at a minimum 
cost.  The capital stock of the company will be $250,000.
   Monday night at the stockholders' meeting of the Jellico Aero club several 
forward steps were taken in this organization.  As a result of the successful 
operations of the first six months of the club it was decided to expand the 
business to immense proportions.  There being a majority of the stock present 
in person or by proxy.  L. E. Woody, president and general managers stated 
that the purpose of the meeting was to increase the capital stock, enlarge the 
powers of the corporation and to transact any other business that might come 
before the meeting.
   The first resolution presented and unanimously adopted was to declare a 
stock dividend of 100 per cent and to authorize the issuance of the same.  
This was unanimously carried.
   Capt. Walter J. Carr, aviator presented a miniature production of the 
aeroplane that will be manufactured at Jellico.  Owing to the fact that there 
are no aeroplane factories in the south makes Jellico the pioneer southern 
town in the manufacturer of aeroplanes.  After explaining the new plane, which 
will be called the "Carrplane" Capt. Carr placed the miniature model on 
exhibition at the Central Drug store.
   It was also voted to change the name of the corporation from the Jellico 
Aero Club to the Southern Carrplane Manufacturing company.

Submitted by: Mary Lou Hudson
http://www.genrecords.net/emailregistry/vols/00005.html#0001143



This file has been created by a form at http://www.poppet.org/kyfiles/