BUSINESS AS GIFT.

Shannon News, 18 March 1924, Page 2

BUSINESS AS GIFT.

MILLIONAIRE TO HIS TWO MANAGERS.

“I HAVE MADE ENOUGH.”

For the third time within, a year the gift of«a business has been made to employees by the head of a millionaire concern in New York. This time it is by a handkerchiefmaker named Heimann, whose sales exceed 3,000,000 dollars annually. He has given his business to his sales man. ager and production manager. . “I have made enough ' money," he said. Mr. John Borg, a Wall Street stock- • broker, retiring at the age of 42 years, made a Christmas present of his business to his three employees. Mr. Borg, who has made 2,000,000 dollars, will conduct a country'newspaper and play golf. A year ago he told his employees that he would give them the business outright if they, proved capable of handling it. “I’m separating from business, net out of generosity, but because I want to enjoy life,” he declared. Mr. Borg started as an office boy, I fnnTHnp four dollars a week.