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This can be a quick story of two entrepreneur piano makers Henry Stultz and Frederick Bauer. Stultz appeared to have one hardship after one other, whereas Bauer appeared to be secure all through his profession and efficiently grew his enterprise.
Established in 1882 Henry Stultz Sr. and Frederick Bauer began the well-known piano making agency of Stultz and Bauer. Frederick Bauer was associated to Jacob Doll, one other well-known piano maker. The corporate rapidly grew and with the intention to meet rising calls for, the agency raised cash by promoting inventory and incorporating in 1892.
Possibly 16 years is lengthy sufficient for a partnership, and by 1896, Henry Stultz Sr. leaves the agency and turns into companion within the Dolgeville Piano Case Firm.
Bauer stays sole proprietor of Stultz & Bauer.
However two years later in 1898, the Dolge Piano Case Firm goes out of business, and it offered at public sale for $4,006 to the Jacob Brothers Piano Firm.
Only a 12 months later in 1899, Henry Stultz Sr. dies of Pneumonia on the younger age of 52.
In 1900 Henry Stultz Jr. meets with the well-known Piano motion maker George Bothner. Henry and George, together with Charles Kretschmann begin making pianos beneath Stultz and Co. Sadly, the corporate was quick lived and in 1902 Stultz and Firm go bankrupt. The Belongings had been purchased by the big Bjur Brothers piano manufacturing firm at public sale.
Henry Stultz Jr. goes to work within the case making division of the Kohler and Campbell manufacturing unit, however a 12 months later in 1905 he once more companions with George Bothner, and collectively they begin the agency The Stultz Piano Case Firm with $10,000.
The POMIW Union Journal studies the Stultz Piano Case Co. goes backrupt in 1907. Only a three 12 months run.
In 1910, Charles and his brother George Stultz begin the Stultz Bros. Piano Firm. However the firm is brief lived due to gradual financial situations and with WW1 in 1914. George Stultz would later purchase the Common Piano Firm, however this firm too was quick lived.
Occasions positive had been altering rapidly within the early 1920’s, and in 1922 the Stultz and Bauer firm introduce a complete new line of pianos that additionally included participant pianos, however by 1927 went out of enterprise.
Kohler & Campbell purchases the Stultz and Bauer firm in 1928. Kohler and Campbell was one of many few corporations to outlive the Nice Despair. Frederick would shortly after move away in 1930.
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Source by Chris Chernobieff
