The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1902-11-18

tee Of fifteen appointed at the last
meeting. They provide for the organi-
cation Of company to be known as the
New Haven Cooperative Supply COM
pany, and beside specifying coal as the
article to be dealt in they also provide
for the marketing of wood, OIL proVis-
ions and real estate. This latter refers
10 the purchase of such land as may
be needed to erect buildings needed for
the proper conduct of the business of
the company. 1t is quite likely that
there will be no necessity for the pur-
chase of docks, etc, by reason of the
fact as has been heretofore stated,
dock has been offered to the company
free of charge, and the only necessary
expense will be the erection of a derrick
and suitable bins for the storage of the
coal and other articles to be sold.
The articles of association as read
provide for the selection of fifteen men
to become the incorporators and the
following were chosen: Robert Grant,
H. F. Keyes, Alexander Irvine, Alfred
Chadwick, T. C. Mack, Henry O'Neill,
W. Stowe. William Trueman, E. r.
Whiting, A. o. Wood, w. Sliney, c.
Clark, Frank Armstrong, James Clark
son, and Thomas P. Gillespie. These
gentlemen signed the articles of asso-
citation at the conclusion of the meet
ing last night and they will be for
warded to the secretary of state to-day.
1t is expected that charter will be
granted in very few days and that
positive and active steps looking to-
ward commencing business will be i'm
mediately taken.
The original committee of fifteen was
continued and empowered to draft set
of bylaws and present them at another
meeting to be held on Friday night OF
this week in the same hall. This COM
mittee will also suggest at the meeting
on Friday night a number of names
of gentlemen interested in the move
ment and who have become stockhold-
ers to compose the board of managers
and the committee will also suggest
names for the consideration of the
stockholders for the election of presi
dent, vice, president, secretary and
treasurer. These names will merely be
suggested by the committee and their
decision or choice will not be binding
of managers will be chosen and off,
GERS elected before the meeting con-
cludes.
Numerous questions have been asked
in various parts of the city with refer
ence to the possibility of purchasing
coal and in quantities and at prices
such as will be beneficial to the people
who reside in the city. 1t was stated
positively last night that those who are
at the head of the movement have in
formation which confirms their previous
statements that they will be able to
purchase all Of the coal they desire and
at prices much better than those paid
by the present retail dealers. 1t is also
the intention to supply any and all
residents of the city but the stockhoid-
ers are to be favored.
From present indications the price to
be paid for the coal at the mines will
be 50 25 per ton, and the cost of trans
portation is about 81 per ton, thus maxi
ing the coal cost $4.25 delivered here in
the city. It is not the intention of the
company to have any teams and to the
price given above must be added the
cost of having the coal delivered at the
various residences. From these figures
an estimate of the saving to the resi-
dents can be made.
Some of the leaders of the movement
were last night. asked what they
thought of the report that the Water
bury society recently organized for
similar purpose, had to pay SO per ton
for their coal. They seemed to disbe-
lieve the stories and said that they
were not in the least fearful of their
ability to purchase all of the coal de-
sired and at reasonable prices.