The Portland daily press., 1896-06-06

uSCdulb dcUiV6ly engaged IN UDlS puoiH~J
and in 1876 Ny w. E. Whitman assumed
control, carrying on operations under
the same firm name.
In 1888 the building and plant in Win
throp was destroyed by fire but was
soon rebuilt and from that time until
1881. very prosperous business was car
ried on.
In December of that year fire again
destroyed the entire works.
MI. Whitman knowing the possibilities
OF the business, formed the present
company, which was Incorporated in
1883 and located in Auburn.
The present officers are: President,
Mr.. b. +. Briggs; treasurer, Mr.. Geo.
&. Clifford; manager, Mr.. W. E. Whit
man; directors, Messrs: B. F. Briggs,
W. e.. Whitman, w. A. Fisk (Provi-
dence), J. n. Twombly, j. W. Mitchell,
James p. Hutchinson and John w.
May. ~
Since the formation of the company
the business has been one of uninterrupt-
ed success until now it stands second to
none in the country.
The factory proper occupies ground
space of 1000x600 feet and is four stories
high, each floor being fully equipped
with all the latest improved machinery
and appliances for the proper execution
of the work on hand. In addition there
is storage house of four floors, measur-
ing 100x40 feet. The shipping facilities
are excellent, the works and storage
house being situated directly adjacent
to and between the Grand Trunk and
Maine Central Railroads.
VI the many lines of goods manufact-
ured by the Whitman Company we
would make special mention of "The
King of the Corn Field" a corn, bean
and pea Planter and Fertilizer Distrib-
utor combined, also Whitmans Adjust
able Lever Weeder, both of which were
invented and patented by Mr.. w. Z.
Whitman.
The New Era' Thresher and Sepa-
rator is also worthy of special mention,
it being this years product and the
best of Its kind on the market. 1t will
thresh $50 bushels of oats in ten hours
with two-horse power.
Space Will not permit to mention sep
arately all of the goods manufactured
by the Whitman Company but we
strongly recommend any one interested
IN the selling or use of agricultural ma
chinery, wheel-barrows and trucks of
any kind, cider mills. &C., &C., to send
to this Company for catalogues and cir
culars which will be supplied promptly.
This corporation gives employment to
from 100 to 125 skilled workmen the
year round and is one of Auburn's most
hourishing industries.
The entire plant is run by water
power. The building is also equipped
with steam power for use in case of
emergency
The product finds ready market in
Southern, Western and North Western
States, also New England. The field of
the export trade includes England,
Spain, Africa and South America.
Tho goods are handled almost ex-
clusively by jobbers in every city in the
Union.
The annual business amounts to from
100000 to $4,000.
The Maine Benefit Life Association of
Auburn, Me.
The phenomenal growth of assessment
insurance during the past ten years is the
result of a more perfect knowledge of the
underlying principles upon which in
surance should be founded and main
tanned, and the popular demand for as
sessment insurance is plainly indicated
by the numerous applications for associa-
ton insurance made upon the Maine
Benefit Life Insurance Association of
Auburn.
The last annual report of this associa-
ton makes showing that must lead all
who read it to look with considerable
favor upon their plan of assessment in
surance. In this report, we find the
total number of policies in force in Dec.
'95, to be 6,501.
Total number Of policies in force,
December31, 1895, 6,5O1
Total amount OF insurance in
force, $l2,164, 10000
Total amount paid in death losses
since organization, 10000
Total amount OF reserve fund now
on deposit with the State Treas
.urer, par value, 112,5oo,oo
Market value, $4,000. 90 |
Total number of certificates written
in1S95, 1875, 1,41S,5OO,OOl
The death rate for the year was only
one per cent. upon the average member
ship, and is the lowest mortality rate
which the company has had for several
years.
The association is now transacting
business in Maine, Massachusetts, Con-
necticut, New York and New Jersey,
and it is the policy Of the institution to
extend its territory only as fast as it can
be properly and systematically handled.
In pursuing this policy, the company
has earned and has the confidence Of its
UlomUeTS anu OF the lnSurlnS DuDllC at
large. The Maine Benefit represents a
new idea and is abreast of the times in
its safety system by which the right is
reserved to the company to make neces-
sary mortuary assessments. This,
coupled with the power to maintain a
moderate emergency fund as ready cash
asset, gives stability and certainty to the |
policy contracts Of assessment COM
panies.
1t provides insurance at less cost than
the old line companies and the holders of
assessment policy contractsare not called |
upon to contribute to the maintenance
OF needless legal reserve.
The officers of the company are George |
c. Wing president, Wallace II. White,
vice president, Nathan w. Harris secre-
tary and treasurer, Milton F. Kicker,
manager, Wallace X. Cakes medical
director and L. Linn Small auditor.
Fhz Bros. Co.
The all important industry in Auburn
is the manufacture of shoes and in this
connection, the firm of Fitz Bros. Co.
last manufacturers, forms an important
ae,@a1 1ls I'D fy,l