New-York tribune., 1901-10-09
CYCLE MAKERS MEET.
CHANGES IN THE OFFICERS-A NEW
STREET-SWEEPING AUTOMOBILE.

The annual meeting of the directors and stock
holders of the American Bicycle Company, some
times called the Bicycle Trust, was held yester-
day. and at the conclusion of the session President
Coleman and other directors said that they were
satisfied with the condition of affairs and antici-
pated a liyelier season next year. They admitted
that the cold. wet and unreasonable weather OF
last March, April and May injured the lnausug
materially, but said that such handicap was Ho'
expected next spring. While many changes were
made In the officers R. Lindsay Coleman was re-
elected president Colonel George A. Pope H. %
Crawford and f. c. Sterns were not re-elec'eu ~
rectors. Only vice-president, j. M o or,.ieS IN,
was elected. instead of three, as last year me-
dore Merseles who was third vice-presloell' anu
manager of the sales department pecoine 1 ~ No.,
sistant to President Coleman. c. W. Dlchers0n was
elected secretary and treasurer l., .,o
The stockholders of the corporation met III .iie
morning in Jersey City and elected 'ie I'm
directors TO serve for two years: H. "A. LoAiei
Ar,bnr Featberston William Barbour, j. h. bron1-
low and Otto IJnzcker. Mr.. Bromley replaces ANi
Crawford on the board and Mr.. Ch~ie ~
tho nlace made vacant by the retirement Oh MI
Stearns Mr. Bromley will be the sehet'i W
ager of the sales department herealtei'
In speaking of the affairs OF lhe
President Coleman said in his report
Starting with twenty-eight bicycle factories ane
manufactures of bicycles has been graouains ~ LII,
conditions Of the business also to reduce the cos.
of manufacturing. Each year mere aG naS now we
,,auts
have arranged three general sales r
in New-York, Chicago and san fTancisOo ,io, io
spectively each of which will sell all our nahTs
OF bicycles in its own territory The m % dirc
ton of officer With the adoption oL ,i'ia rS ny
policv the greatest economy will be reacheu anu Il
saving OF not less than 100000 assured ,,--
The automobile department has Deen gIatuti,iy
developing. and is now on proht paying o1Siiii tii
Our policy was to offer vehicles Tor sale until
we could produce them as good others. Several
of the factories discontinued as bicycle factories.
have been utilized fer the manufacture or auto
mobiles and batteries the balance have been SOLO
or rented SO that at the present time we nave nut
one factory that is standing unoccupied and IDLE
The statement OF the conditions of the company
ct the end of its fiscal year, on August i. SHOWS
a profit for the year of SS50,6s2. There will be no
restriction OF popular grades of bicycles. as
rumored. The American Bicycle Company is also
the principal stockhoder in new concern caied
the Auto Street Sweeping Company, OF which
Colonel George A Pope is the president: Colonel
Pope said that the company had prepared model
but that the auto SweeperS would not be ready Tor
delivery until year. The sweeper viii be pro-
PEELED by steam, and the promise is made that 1t
viii clean up a cobblestone pavement with the
same nicely that it Will sweep asphalt. No dust
will be scattered it is said. The machines VIII be
sold outright to city governments or leased