The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-04-05
BREWERY PLANT SOLD.
Believed That M. j. Finni-
gan viii Secure
the Control.

R. F. Taylor, in behalf of the mort
gagees Of the Worcester Brewing Com
pany, purchased the plant at auction
yesterday noon for 100000, the amount
Of the two mortgages. Mr.. Taylor de-
posted $4,000 to bind the sale, ard the
remainder is to be paid within thirty
days. There was one bid and that was
Of Mr.. Taylor. A member Of the Bow
| Ter Brothers Limited was present and
! there were but few other representa-
tive brewers in attendance at the sale,
lawyers occupying the field Of atten-
ton.
With the sale of the property, specu-
lati0n begins as to what disposition Will
be made Of it. The general impression
is that it will be sold shortly by the
purchaser for the mortgages, to either
the Springfield Breweries Company, the
American Mailing Company OF New
York, or some other combination
There were frequent rumors on me
street that NJ. ]. Finnigan was in the
deal and would ultimately secure the
property.
The strongest impression among bus
mess men is that Mr.. Ffnnigan is the
power behind the throne, and that ne
will guide the plant into the combine
Of the Springfield Breweries Company.
Winsow and Company Of this city have
already opened subscription books at
their office for this syndicate
It was stated by Bowler Brothers
yesterday that they had all that they
could do and did not want the con-
Germ on their hands. Leander b. Her
rick, as receiver. has been conducting
the Worcester Brewery during the re
ownership, and Mr.. Taylor will come
into possession of the plant within 80
days
At the formal sale, after the descrip-
ton of the property was given by
Auctioneer Clemence, Henry +. Harris,
W no. on behalf Of some Of the larger
creditors, explained that Philip Speater
of Philadelphia had put in number of
large casks for which he was to re-
ceive $4,000 and that $4,000 Of this was
still due Then e representative OF
the Rochester Bunging Apparatus COM
pany Of Rochester, n. y, said that the
machine called the Rochester bunging
apparatus, which was in use in the
brewery, did not belong to the WOrces-
ter Brewing company, but was simply
leased, and therefore could not be in
cluded in the sale. It was also eX-
Golden Gate apparatus, owned by the
Golden Gate Apparatus company OF
New York city, was leased and could
not be included in the sale.
Col. q. B. Glasgow made a similar
statement in behalf of the Pneumatic
Engineering company, who owned the
pumping machinery known as the
pump lift.
The First National bank of this city
one of the mortgages, has been inter
ested in the sum of about $780, 900, and
the other parties for the balance of the
first mortgage of 100000 are Chicago
business men. The second mortgagee
was for S1o0 0NO,to cover notes given.
Frank B. Smith, as counsel for the
Produce Exchange company of New
York, who brought the bill to enjoin
the sale. was present, but no protest
was made against the sale. Lawyer
Frank p Goulding, who appeared for
the trustee of the 100000 mortgage,
Albert H. Waite, returned to the Hamp-
den county superior court, where the
Holyoke water cases are on trial, after
the sale.