WAUPACA REPUBLICAN POST

September 19, 1912

 

THE WAUPACA RECORD SOLD

Subscription List and Good Will Purchased by the Leader Company, Machinery and Presses to Stop.

 

       Negotiations that have been under way for some weeks were consummated this week in the sale of the subscription list and good will of the business formerly conducted by Mrs. A.R. Carpenter and for the past few months under the management of Mr. G.C. Ritchie, with pledges not to operate a newspaper or job printing plant in Waupaca or to sell any of the equipment of the Waupaca Record office to any one who should start a paper or job office in this city.

       The purchaser is the Waupaca Leader company of which firm Mr. L.W. Krake is manager.  The latter company was organized last fall and began the uphill proposition of starting a third newspaper in a town where there is scarcely a good living for two.

       In the combining of two papers the leader company has followed suit, as the present management of the Republican-Post purchased and combined the outfits of the Waupaca Republican and the Waupaca Post in December 1908, less than four years ago.  In this transaction the purchase was made of two of the oldest newspapers in this section of Wisconsin and both plants were purchased. In the sale of the Waupaca Record the machinery and presses that have been busy for nearly a score of years in this city will this week stop, never to start again in Waupaca.

       While those on the inside in the printing business have known since the Leader was started last November that three papers could not prosper in a city of the size of Waupaca, the change had scarcely been looked for so soon.

       The equipment in the Record office is ample for a newspaper and job office in a larger city than Waupaca and we confidently hope that Mr. Ritchie may find a location that will suit his tastes and the capacity of the plant that is closed down in this city.