The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-09-01
WELL ORGANIZED.
The Bicycle Trust
Elects Permanent
Officials.
A. C. SPALDING PRESIDENT.
List Of Concerns That
Have Joined Big
Corporation.
A. G. SPALDING PRESIDENT.


New York, Aug. S1.-The American
Bicycle company completed it's perIna-
nent organization today by the election
of these officers and directors: Albert
G. Spalding, president; Col. George
Pope, first vice president; j. E. Brom-
ley, second yice-p president; A. l.. Car
ford, treasurer; C. w. Dickerson, sec
rotary. Direetors-Albert G. Spaldirg,
Seabright N. j.; Col Albert A. Pope,
Boston; A. Featherstone, Chicago; II.
L. Coleman, New York city; ]. W. Kis-
err. Chicago; E. c.. Stearns, Syracuse;
R. S. Crawford, Hagerstown, Md; Chas.
L. Ames, Chicago; R. Philip Gormuily,
Chicago; Harry A. Lozier, Cleveland.
The others of the permanent board
of directors, which will constitute Il
members, will be selected at a subse-
quent meeting.
For the purchase of the various plants
which include the oldest and most
prominent bicycle concerns in the
United States, there will be issued S10,-
100000 5 per cent, 20 year gold deben.
ture bonds; 10000, 600 per cent prefer.
red stock, and 500, 1000 900 common stock
leaving in the treasury ample means
for the purchase of such additiona
plants as may be desirable and for the
extension Of the business, especially IL
foreign countries.
The manufacturers have taken all III,
$lO,000,000 preferred and the $1,000, 00i
common stock and have subscribed io
substantial part of the debentur,
bonds. The manufacturers are yer!
enthusiastic about the future prospects
OF the company and most of them an
nouncs their intention of holding thei
stock and bonds as a permanent in
vestment
The following concerns have bee
purchased and have become part of tn
American Bicycle Company: Acm
Manufacturing Company. Reading, Pa.
American Saddle Company, Cleveland
Ames & Frost Company, Chicago
Barnes Cycle Company, Syracuse
Black Manufacturing Company, Erie
Pa; Buffalo Cycle Manufacturing Com
| pany, Buffalo; H. A. Christy & Co
Chicago; Cleveland Machine ScreI
| Company (steel ball and stamping de
partmenD, Cleveland; Cotton Cycl
Company, Toledo: Crawford Manufac
turing Company, Hagerstown, Md; Co
lumbps- Bicycle Company, Columbus
| = 0hiiiitS SyNit NOHlpdtlys OHlCdBO, "A
Featherstpne & Co.. Chicago; Fay Man
ufacturing Company, Elgria, O.. &c
neva Cycle Company, Geneva, O.. Cor
mully & Jeffery Company, Chicago
| Grand Rapids Cycle Company, Gran
Rapids, Mich; Hart & Cooley Manu-
| featuring Company, Chicago Hartfor
| Cycle Company, Hartford, CT; Hart
ford rubber works, Hartford, CT; In
diana bicycle works, Indianapolis; In
| diana Novelty Manufacturing Com
pany, Plymouth, Ind. Indianapoli
Chain and Stamping Company, Indian
| apolis; Indianapolis Rubber Company
| Indianapolis; Lamb Manufacturer
Company, Chicopee Falls, Mass; H. A
LoZier & Co., Cleveland; A. D. Meisel
bach, Milwaukee,; Milwaukee Engineer
ing Company, Milwaukee,; Milwaukee
Manufacturing Company, Milwaukee
Monarch Cycle Manufacturing Com
pany, Chicago; North Buffalo Vince
Company, Buffalo; Nuttall Manufac
turing Company, Nyack, N. " Peori
Rubber Manufacturing Company, PEG
ria, ILL.,; Pope Manufacturing Company
Hartford, CT; Shelby Cycle Manufac
turing Company, Shelby, o.; c. j. Smitl
& Sons, Milwaukee; E. G. Stearns &
| Co, Syracuse; Sterling cycle works, Ke
nosha, Wis; Slower Bicycle Manufac
turing Company. Freeport, ILL.,. syria
cuse Bicycle Company, Syracuse; Geo
L. Thompson Manufacturing Company
Chicago Viking Manufacturing Com
pany, Toledo; Western wheels works
Chicago White Sewing Machine Com
pany (bicycle Department., Cleveland