St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1897-01-22
Shoe Factory Organized.-The me


ing of stockholders to organize the st.
Johnsbury Shoe company was called to
order in the Board OF Trade rooms at
8 O'Clock Tuesday evening and imme-
diately adjourned to Pythian hall, where
the 200 stockholders present could all
take part in the proceedings. Robert
Mackinnon was made chairman of the
evening. All voting had to be done by
ballot according to the statute. L. N.
Smythe was nominated for temporary
clerk and received votes representing
716 shares Of stock. Bylaws for the
company were read by Walter p. Smith
and adopted by vote OF 754 to 8. Judge
Chas. Rogers was elected treasurer.
The following board OF directors was
elected: A. T. Stocker, Z. l.. Hovey, T.
r. Stiles, ]. Gauthier, NJ. ]. Caldbeck, J.
Cowles and l.. H. Farnham. F. A. Scott
and J. B. Gage were elected auditors.
After the meeting the board OF directors
met and organized by electing ]. Cowles,
president; T. X. Stiles, vice president; A.
T. Stocker, manager. The directors
adopted and accepted the contract made
with the Board of Trade. Considerable
time was spent in discussing a location
for the factory the Drouin mill and Car
rick Granite Works being the two points
chiefly considered. Mr.. Stocker has
examined the Droun mill and is not
quite satisfied with it as it has not the
necessary floor space, 10000 feet being
wanted. The directors have made an
examination of the Carrick property and
were iavorably impressed with the loca-
ton. There is one building already
available with floor space of 1000 feet
and another building can be conveniently
erected. The report that John Ryan was
willing to lease or sell his carriage FAC
tory to the Shoe company, is not so, as
Mr.. Ryan says the first he knew about it
was when he saw it in some paper.
Mr.. Stocker and his salesman, Mr..
Adlinger were in town Monday and
attended the stockholders meeting.
They left for Lynn Tuesday morning,
where they will begin at once the removal
OF Mr., Stocker's machinery, stock. etc.,
which will be stored in Caldbecks block
until called into service.
| L.. h@axI &c al
among the largest stockholders in the
new company, have worked hard to get
the industry here ana are enthusiastic
over it. They will work in perfect har-
mony and the stockholders can depend
upon them to do everything in their
power to make the enterprise success.
They will receive no compensation for
the first years service, though they will
have to devote much time in the per.
formance OF their duties as directors.
1t remains to be seen whether a shoe
factory can be made to pay in St. Johns
bury. Those who are interested believ,
that it can be made to pay with gooc
calculation and constant vigilance. TIL,
many stockholders will be on the aler
for leaks and will not be slow to call tn,
management to account.
Later information makes it almos
certain that the Carrick Granite Work
will be selected as the site for the sho
factory. The old buildings will not b
utilized, but three-story factory
100x40, will be erected. Work will b,
, gin at once on the building, il this site
, selected. Mr. Carrick offers land, powe
, and heating for $500 year.