Bickford's Inc. to be incorporated under the laws of the State of New York, is acquiring the business of five corporations, all previously controlled by the same interests and operating a total of 34 lunch rooms. Mass. In both Boston and New York City, the Corporation operates its own bakery and commissary.
Emphasis is placed on serving meals of high quality at moderate cost.
The business has operated a bonus system, and has encouraged stock ownership by employees with the result that employee relations have always been satisfactory. The entire proceeds derived from the present financing will remain in the business, and the greater portion of the proceeds is to be used for expansion purposes. Hayes-Bickford's Boston, Ma. Hayes-Bickford's Allston, Ma. Cafeterias 151 Brighton Avenue 1101 Commonwealth Avenue Brookline, Ma.