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50 Years Ago

Paper Mill Sale Finalized

Herald of July 31, 1969

The sale of Combined Paper Mills, Inc., to National Cash Register Co. for approximately $36 million was approved Monday by shareholders of Combined Paper meeting in Combined Locks, Wis. The merger will be carried out through an exchange of stock. Each share of Combined stock will be exchanged for slightly more than half a share of NCR, headquartered in Dayton, Ohio, had approved the purchase earlier.

Combined Paper is expected to retain its name and continue to operate as separate company. It manufactured a wide variety of paper at two mills, one in Roaring Spring and one at Combined Locks.

The story of the gallant fight of Mrs. Edith LaRue Teeter of Martinsburg in a Pittsburgh Hospital against a kidney ailment which requires expensive equipment if she is to regain health, has brought a warm hearted response from a church in the Southern Cove. Members of the Koontz Church of the Brethren decided to gather a special offering next Sunday for the Edith Teeter fund.

 

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