Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1894-07-25
IT LOOKS BETTER!
The Allen Publishing Plant Will
Probably Change Hands.
The Board Of Trade and Citizens
Hold an Enthusiastic Meeting.
Non. s. W. Lane Proposes To Revive the Bus.
mess and Will Be Supported.

The adjourned meeting of the board o.
trade, to consider in company with the bust
ness men, the prospects for reviving thu
publishing business Of the E. C. Aller
Company, was held, Tuesday evening
About 80 gentlemen occupied seats in the
common council room, where the meetins
was held, and many were standing in the
adermen's room and the hallway.
President Bangs, of the board of trade
called the meeting to order, read the notice
that had been sent to the business men, and
explained the object of the gathering. He
said it was not necessary for the board tc
form a corporation, but that it did want tc
have this business saved for the city. The
meeting should be one of general discus
sion, and the board of trade was willing tc
assist in any possible manner to re-estab
fish the business.
Hon. S. W. Lane was called upon by
Mr.. Bangs, to explain few points as to
what he knew about matters relative to the
publishing work. Mr.. Lane said that al
soon as the notice was given that the estab-
lishment would be closed, he notified the
board of trade to look after the matter.
He said that he gave his ideas to the board
at the last meeting. and that they had not
changed. 80 .pil w.
The committee, composed Of Oscar Hol-
way, c. S. Hichborn and Mayor Milliken
to ascertain from the +. C. Allen Co. what
arrangements could be effected to have the
August issues Of the periodicals run off,
reported that it had attended to that duty,
and the firm was unwilling to do so. The
company have keen feeling regarding the
suspension of the business, and feel that
all the sacrifice has been made
that is consistent. The com
mittee procured figures and agreement
from the members of the company, whicl
were not announced at this meeting.
Mr.. Hichborn, who spoke in behalf o
the other members of the committee, sait
that if corporation or any person in thi
city saw fit to buy the plant or start it, thu
firm would meet them half way, and, more
than that, the sale would be really less thar
the plant is worth.
President Bangs then asked if it wa
thought feasible to form a corporation.
Oscar Holway's views were requested
lie said that if the money was in sight thu
corporation could be formed afterward. L
the right men with capital and fit man a
the head could be secured, it would be jus
tifiable to form a corporation.
W. II. Gannett was called upon. H,
would rather see three publishing house
here than two or one.
The meeting began to lag, when Presi
dent Bangs took the floor and with words
of encouragement aroused considerable en-
thusiasm.
c. s. Hichborn was the next to speak
lie said the meeting was called for an inn
portant purpose and cold facts must no
offend. The Z. G. Allen Company, as 8
publishing establishment, was dead as {
Ratchet, the business of that company wal
no more. The simple point before the
meeting was, edo you want to form cor
poration to 20 into the publishing business
Investigation could be made and matters
shown whether or not it would be profitable
The plant was for sale and the question
was: would it pay to buy?" He also
stated that the firm would not allow thu
name Of f. C. Allen & Company or E. c
Allen to be used. Through investigation
Mr.. Hichborn said that he had learned that
it would be important to make good be-
ginning and it would be an enterprise at
tended with hazard.
Hon. S. w. Lane rose, after period o
quietness in the meeting, and said that il
the morning he would inform Mr.. Whitne.
that he would accept the offer made to hin
few days ago. He would then see wha
backing he could receive in Augusta. Thi
was followed by q hearty outburst OF ap
plause. A vote of resolutions was thel
passed by the board, as follows:
Resolved, That this board receive wit
great satisfaction the statement of MI
Lane, that he proposes to purchase and en-
deavor to continue the business formerl.
carried on by the f. G. Allen Company
and to the contamination of his plans thi
board promises to lend its most earnest co
operation.
The meeting was then adjourned.
Ocean Point Booming.