Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-01-17
Granite State Provident As
ISOLATION Will Not Grow Here.
Loans to Member; on Real Estate
Will Be Continued.
Special Committee ExamlaIse Treasurer's Ac
count Other State ieuse Nsws.

~ AA'AA' = r. AAuOoHA0hS3 6soV0 UouA
examiner, from the Granite State Provi
dent Association, was made public
Thursday:
Manchester, N. H., Dec. 90, 1895.
Hon. F. e. Undertake, Bank Examiner
Of the State Of Maine, Augusta, Me-:
Dear Sir: The Granite State Provident
Association has decided not to extend III
new business in the State Of Maine, and
hereby gives notice of it, discontinuanct
OF the same. Loans to members on real
estate will continue to be made as hereto
fore. and the relations and contract
obligations existing between the associa.
ton and its shareholders will be main.
tanned and carried out.
Very respectfully yours,
a. F. MORSE, Secretary.
The bank examiner has sent the follow.
log reply:
State OF Maine,
Bank Examiners Department,
Augusta, Me Jan. IL, 1896.
II. +. Morse, Esq, Secretary Granite
State Provident Association, Manches-
ter. N. H.:
Dear Sir: Your communication bear
ing date Of December %. 1895, in which
you give this department. notice that you
will permanently discontinue doing new
business In this State, has been received.
am pleased to note that you also state
that the relations and contract obligations
now existing between the association and
Its shareholders will b. maintained and
carried out.
Al this voluntary withdrawal from
transacting new business ID but a partial
Of the rights given to you
under the license granted by this State,
your association 10 still under the SUPER
vision OF this department and it Is my
duty to make such further communica-
tons and reports as may from time to
time seem necessary to protect the in
terests OF your shareholders residing in
Maine. Respectfully yours,
+. e. TIMBERLAKE,
Bank Examiner.
A committee began its examination of
the accounts Of the State treasurer, Thurs
day, consisting OF the following: Hon.
A. r. Day Of Corinna; Hon. j. Wesley
of Webster; Hon. Wainwright
Cushing, Foxcroft; Hon. Charles H. Gil
bert of Canton; Weston Lewis Of Gar.
diner, and James Cunningham of Port
land.
The committee chose Mr.. Day, chair
man, and Charles H. Gilbert, secretary,
and commenced operations at once The
work will take about two weeks.
Hon. George Pottle Of Lewiston, was a
visitor at the capitol, Thursday.
The following new corporations filed,
their papers at the secretary of States
Office, Thursday.
The Standard Wire Mattress Co, or
ganized at Portland, for the purpose of
and selling spring beds,
with $50, 600 capital stock, of which $500
is paid in. The officers are: President,
George W. Bent of hyde Park. Mass. !;
treasurer, Edgar L. Fuller Of Everett,
Mass.
The Palmer Corporation, organized at
Portland, for the purpose Of manufacture
ing and doing business In all kinds of
articles made from either vegetables,
metals, wood, paper, or anything else,
with $50, 900 capital stock. Of which $50 is
paid in. The officers are: President and
treasurer, Benjamin Palmer of Somerville,
Mass.
The Alma Mining. Milling and smelt-
ing Co.. organized at Portland, for the pur-
pose Of doing business in mining and
luarrying, with $500, 0oO capital stock. of
which nothing is paid in. The officers
are: President Henry A. Clark Of Bos-
Ton Mass. treasurer, Charles ". Holden
IF Boston, Mass.
At . recent meeting OF the Granite
State Provident Association, the follow
Ing directors were elected: Hon. James
0. Lyford. William n. Mason and Ben.
jamin c. White of Concord, N. H., and
Irving W. Drew of Lancaster, N. H. The
Of G. Peroival as president Of
the association, was accepted, and Mr.:
Lyford was elected in bis place. The
latter has been chairman Of the New
Hampshire board Of bank commissioners
for eight years.