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C Rag waste of Cotton Goods makes the highest grade of paper. "French Ivory" j results from gun powder waste. Drugs and Colorings are made from coal tar. Coal screenings are now sold at $16.00 a ton. This is what is happening ? to several of the most common of waste materials. CONSERVE OUR C FORESTS. There now exists a corporation that has perfected methods of C converting the waste of the New Jersey forests into valuable turpentine, pine oils, rosins, paper pulps, piling and building lumber, and leave the land plantt et» wilh a better variety of trees to rehabilitate the forest after modern ideas. j The Millville Pulp and Products Corporation } is now offering investors an opportunity to purchase CAPITAL STOCK AT > $10.00 PER SHARE. The stock is non assessable. No preferred stock. No mortgage. No high commissioned brokerage firms. The authorized capital stock is but $500)000, and the object is to make the PROFIT FROM WASTE and not STOCK You will not obligate yourself to buy this stock by writing for detailed information. MILLVILLE OFFICE, High Street, ELLSWORTH H. HULTS, 218-220 Walnut St., Philadelphia, Pa.

TIIE MILLVILLE* Pl'LP AND PRODUCTS Corporation. Will Manufacture LUMBER. WOOD. Pl'LP FOR Manufacturing paper containers. BOX BOARDS, High-grade WRAPPING PAPER and other PAPER PRODUCTS. Steam Djstilled TURPENTINE, ROSIN, PINE OIL. WOOD ALCOHOL. LEAF PINE OIL, WOOD LYE and SWEEPING COMPOUNDS. The first plant will be built at East Mill ville, where the company now owns 200 acres of pine timber with sufficient water power to generate 300 horsepower. The Corporation has options on 500 aeres of good pine land and "cutting" rights on sufficient acrea.gc.fcj insure ample wood supply for future operation. This new process will make a good pulp from hickory, oak, gum and any of the useless scrubby trees that help to kill off the forests. CAPITAL STOCK Millville Pulp and Products Corporation is incorporated under the laws of Delaware. Authorized capital, $500,000.00. All common sfock. Par value $10.00 per share, fully paid and non-assessable. LOCATION OF PLANT NO. 1 LABOR In addition to above advantages of this most excellent location, the Corporation will be able to secure skilled labor from Millville, Vine--,.U land, Bridgeton and other manufacturing communities in Cumberland and Atlantic Counties. PATENTED PROCESS Millville Pulp and Process Corporation are owners of the only continuous process for ex- . trading from waste resinous woods the follow-

ing commercial products: wood pulp for making paper; contained box boards and paper products. £team distilled turpentine, rosin and pine oils. AMOUNT Enough wood is being wasted daily, at a complete loss to the operators and which increases their production overhead costs, to save the devastation of the forest that the Government is asking all to co-operate to prevent. ESTIMATED PROFITS Fr«n operation of their plant and from returns fropi plants sold and operating on a royalty basis, returns are estimated at not less than 100 per cent, based on pre-war prices for products manufactured. MANAGEMENT The management of the Millville Pulp & Products Corporation will be in the hands of men whose standing, experience and ability to successfully manage the enterprise is well known. The men directly responsible <pr the production of our products, and the erection of plants we sell, know every phase and angle of their business. CAPITALIZATION $500,000.00 Fully Paid and Non Assessable No Preferred Stock No Mortgages No Bonds Do yon know that the ratio of waste wood in a lumbering operation is approximately 50 cords of waste to every hundred thousand feet ff finished lumber! D6~ you know that this waste is carried by endless-chain conveyers to a kiln, where it is totally destroyed!

The U. S, Govt. National Forestry Bureau gives these figures: — "Twenty-one million cords of rich waste wood per year in southern Pine lumber operations— Add to this the wastage on a similar basis in Western pine ( Fir » operations. " You can then visualize the field f.,r the sale of our Ext met ion Plants, and the return to the Cor|>oratiiin from Royalties on each ton of wood pulp and Rosin, and each gallon of our Steam Distilled Turpentine and. Pine Oil— produced in these plants. By the purchase of one of our Extraction Plants tlie lumber imutufacturer transfers this item of produetion loss into a very deeided profit as the wood pulp and naval stores produced command an immediate market. OFFICERS & DIRECTORS Ellsworth H. Hults, President and Gen. Mgr. Philadelphia, Pa. F. W. Waterman, Vice Pres. & Production Mgr. Baltimore, Md. Ellsworth H. Hults, Jr Secretary Philadelphia, Pa. Charles D. Someis Treasurer Philadelphia, Pa. Lewis Steelman Director Millville, N. J. GENERAL COUNSEL Martin E. Smith, Wilmington, Del. CONSULTING ENGINEER J. Wesley Arthur, Millville, N. J. Dividends Payable Semi-Annually on the 15th of January and July

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