The Providence news. (Providence [R.I.]) 1891-1906, 1900-12-17
ALIENS
PRINT
WORKS
Old.sStahIiSh3l Plant 10 Go
Into Liquidation for Bsnsfii
Of ih9 Creditors.

After having carried on the business
for l6 years the committee who have been
running the Allen print works for the ben
EFT OF the creditors have decided to rec
ommend that the company go .nto liqui-
dation and that the property be sold at
auction. This action will be taken, Il Is
stated, within a few months.
The works were established about 65
years ago BY Philip Allen, formerly gov
ernor Of the state. and have since that
time passed through various successes
and vicissitudes.
About lG years ago an assignment was
made, and the committee has been carry
ING on the business since that time About
40 hands are employed. although the
works have been shut down for the past
three weeks
IL will be number OF weeks. and per-
haps months before this plan of liquida-
don will be carried into execution.
surplus stock In the works will be run
on, and Put on the market Then. in all
probability, the property will be adver-
Used and sold at public auction.
various reasons are assigned for this
determination on the part OF the commit
tee.
IL is stated that the output of the con-
cern has not been handled at all times 10
the best possible advantage. according to
The boiler OF those interested, and II II
said, TOO, that tic concern has been hand
iCapped because OF the fact that tho
equipment of the works IS not up-to-date,
lack OF funds having made IL Impractical
bic 10 keep abreast with the times and
compete successfully with similar estab-
lishments.
The works have made money and done
well at times, but the seasons of prosper
ity did not come In sufficient continuity
TO permanently reward. i'm financial
way those interested in the establish
mcnt.
About 27 years ago the old mill was
burned. Some OF the Nsmaller buildings
comprising tie plant were saved but the
main structure went up I'm smoke.
Business was sufficiently good at that
time, however TO make Il profitable To
rebuild the structure and this was done.
the present works with the main en-
rance on Dryden Lane being put up.
Some of the old buildings stood for
many years. several of them being torn
down only a season or two ago. In 1875
Philip Allen & sons found that they were
struggling against heavy ouUs.
In spite OF the improvements which had
been introduced the firm found it impossi-
BILE TO continue the business longer and
failed. Crawford Allen purchased the
property at auction sale and continued
the business. ~
After Crawford Aliens death Moses B.
/. Goddard was appointed trustee OF
Crawford Aliens estate and ran the
works. being elected Co the position OF
treasurer The concern lost money ana
about - or IL years ago made an assign
mcut.
by agreement with the creditors a COM
mittee Of three was appointed 90 run the
works FOR The beneit Of the creditors This
committee cosists OF Eugene w. Mason,
John ". Danielson and Royal &. Taft.
Considerable conjuncture has arisen as
TO the ultimate disposition OF the proper
IT,.
There are those who believe that the
North End will not lose an Industry OF
value after all. but that the property Will
be bought by some manufacturer and a
manufacturing enterprise OF some sort I'm
stalled I'm the plant