Page:History of Goodhue County, Minnesota.djvu/725

 HISTORY OF GOODHUE COUNTS •;:;:; in lStiii at a cost of $12,000. In 1874 the shops were destroyed by fire, but were at oner rebuilt within a period of sixty days A large amount of general repairing is done at the foundry and the output includes high grade machinery for the making of t lie lighter varieties of stoneware, capstans for boats and barges and many other metal castings. The brothers have maintained a reputation for sterling honor, and are proud of the fact that in the more than forty years in which they have been in busi- ness they have never been sued for an unpaid bill. The Red Wing Advertising Company, which ranks among the foremost advertising specialty concerns in the United States, had its origin in the fall of 1897, whim the partnership of Sultzer, Shedd & Livingston was formed. In 1902 the business was incor- porated under the title of Red Wing Advertising Company, with the following board of directors: H. E. Shedd, president; 0. M. Hall, vice president; C. S. Sultzer. secretary; W. H. Putnam, treasurer; C. E. Friedrieh. The authorized capital stock was $100,000. Later Mr. Shedd retired. In 1904 the capital stock was increased to $250,000 and the present board of directors chosen: C. S. Sultzer. president; O. M. Hall, vice president; AY. H. Putnam, treasurer; Axel Haller, secretary; Tarns Bixby. So rapid has been the growth of the company that in the last ten years it has been compelled to change its quarters six times, each time securing a larger and more commodious building and each time finding itself forced to move to a still larger place in order to handle the increasing volume of business. In 1905 the large factory building of four stories and basement which the comp.any at present occupies was erected. To this a two-story wing was added in 1909 for office purposes. This company manufactures specialties of various kinds which are used for advertising pur- poses, including calendars, leather and cloth utilities, and also does a great amount of bank lithography. Its line of leather utili- ties such as check covers, purses, poeketbooks, money bags, card cases, policy cases, diaries, memorandum books and pass books, is large and varied and of the highest quality. The check cover idea has been particularly developed, and, holding patents as it does on several of the most popular styles of this article on the market, the Red Wing company is acknowledged to be the largest bank advertising house in existence. The Red Wing cloth line is noted for its quality. All these articles — caps, grocers' aprons, swnbonnets, school bags, carpenter aprons, clothespin aprons, horse en vers, etc. — are made with lockstitch machines exclusively. The first cushion visor cap ever sold for advertising purposes was made by this concern. In the line of art calendars the company is especially prominent, purchasing outright paintings of the best artists of both hemispheres and copyrighting them so as to assure