The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1901-12-19
Its Capital Stock Is Half a Million
Dollars and 1t will Be Known
as the Milford Pink Granite
Construction Company
WORCESTER MAN is
THE VICE PRESIDENT
Associated With Daniel W. parI-
ing are Some of the Best
Known Granite Dealers In the
United States-Bay State
Granite Company Is Absorbed

| Special to The Spy
( Milford, Mass, Dec. 1S.-One of the
/ strongest combinations of capital in
vested in granite ever announced in
/ Worcester County, was made public
this afternoon. the news of which was
! the fact that the interests of the Bay
State Granite Company of Worcester
and Milford had been absorbed, a new
directorate selected, and financial
! schemes engineered which means an
unusually bright outlook for a big
! boom in the business for this whole
| section. Intimaton of a change in the
affairs of the Bay State company's
! business was made this morning in The
! Spy, with the announcement that the
| business offices of the company were in
| process of removal from Worcester to
| New York city. This news was read
with great interest in Milford and in
| the circles where the mammoth inter
| eSts of the company are best known.
The organization of the new company
has now been fully completed and all
| the working details arranged. 1t can
Inow be stated that the Bay State Gran
| lite Company is out of existence, and
| has been so for several days The
| company have passed to an entirely
new corporation, which is made up of
some of the best known contractors in
the United States, and it is expected
! their efforts to acquire an adequate
share of the building operations of the
| country will result in an effective and
well-directed increase to the granite
industrial prosperity of Milford. The
| formation of new corporation has
] i,
| time, the men who had cash invested
in the Bay State Company, having de-
| cided on II new change of business
| front because of the trade conditions
! and the NECESSITY of widening its in
dustrial connections.
AS was stated in The Spy this morn
| ing, the retiring interests are those
that were held by Woodbury. & Leigh
/ ton and By George Otis Draper OF
! HopedaL. The newly incorporated
compGAy is to be known as the Milford
| PinE Granite Construction Company of
! Milford, organized under the laws of
| tie state of New Jersey. with a capital
! stock of $500 900 There are 5000 shares
of stock at 500 each. This new com
| pany is the result of a consolidation OF
! the Bay State Granite Company of
/ Worcester and Milford, the D. H. Hayes
Construction Company of Chicago and
:
! York city. These are all strong, sol
vent and hustling combinations and
| although the capital stock is no larger
than that of the original company. the
! invested interests are considered as a
great deal more effective.
The officers of the newly formed Mil
ford Pink Granite Construction Com
pany are D. H Hayes of Chicago,
president and general manager; Dan
iel w. Darling of Worcester, vice pres
ident; Lewis Britton of Milford, treas
urer: D. H Hayes, Lewis Britton, p
w. Darling, with f. F. Burns of Chi
| cago and H H. Picking of East Or
ange. n. j., as directors. The CONSOLE
dated interests include the old Milford
pink granite quarries, formerly owned
1 by Woodbury. & Leighton; the granite
quarries of Timothy Shea, the Keefe
luuarries. the Dammerell Brothers
quarries, the Darling quarries OF
! Milford, together with all the
property. assets and contracts
of the Hayes Construction Com
pany. also the business, assets. con-
I tracts and property of the Dutton
Granite Company of New York city.
! The Chicago interests of Mr. Hayes
are very large, he being one of the
wealthiest and most widely-known
granite men in the country Mr.
'
head of one of the largest granite in
dustries in the West and his firm and
also the others brought into the COM
bination have a Well-knoWn reputation
in the commercial and financial mar
ket. The present contracts Of the
/ Hayes company include such large jobs
as the work on the packing houses of
| Kansas City. Mo, and on the i'm
mense United States appraisers store
/ bc11eas in Now York CITY
1t is understood that with the pres
ent facilities of the quarries in Mil
ford and the other equipments for
business controlled by this new com
pany. its local producing capacity Of
cut granite is in the neighborhood of
% 600 cubic feet monthly At trifling
expense il is understood that this
capacity can be easily enlarged fully
5000 cubic feet or even more. The
company has on hand at the present
time the contract on the Hanover Ma
tiOnal Bank building in New York
city, secured through O. w Norcross
Of Worcester, and this means that
$3.50 900 in Milford granite is to be used
in this one place. There is also an
equally large contract in Chicago-a
three-story Office building and work
enough in sight to keep the quarymen
of Milford hust}ing for fully a year
This second contract referred to-the
/ Chicago jobs TO be begun in March,
and will include construction work
solely of Milford granite, involving an
expenditure of 100000.
1t is stated that the old company
the Bay State-figured during the
present year on 81, 100 900 Of contracts
and the men who know say that fully
50 per cent of this figure would have
come 10 Milford had the facilities been
! the same as they vii! be under the
/ present conditions Granite men say
/ that the prospects are excellent for the
+ security of many new contracts which
/ will come to Milford next year, as they
say there is a very big demand for
/ Milford granite among the architects
whose Speciality is commercial and in
dustrial construction. 1t is given as
fact that this condition of things is
very largely what brought about a
! consolidation of the interests. as the
new firm was organized for the pur-
pose of expressly supplying this de-
mand.
+ Decided Improvements are being
/ made in the yards at Milford. as the
officials of the new company say that
they desire TO be in readiness TO
handle the big boom on granite which
= seems to be headed this way. At
/ present the worl1men are busy getting
out some very large and handsome
pink pillars to be used in the con-
structiOn of q big bank building at
; Cleveland. o. These pillars will be
shipped to Ohio as soon as practicable.
l7-DAY WASHINGTON TOURS. $25.
Trfvara,.fas n no series of fO1lre Pos