50 Years Ago

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 o...