New-York tribune., 1903-02-15

in a strong light the fact worthy of knowledge
that the residential section distinct from the To-
cality chosen by the industrial interests as being
most adapted 10 their purpose
The splendid natural advantages of the latter
have appealed to number of important concerns
and it behooves others, IN their own interest, TO
take prompt advantage of present low values and
opportunities II is really astonishing how force
of habit. long rooted customs, and often sent-
mental reasons, viii initiate against more pro-
gressive and self-preservative policy The writer
could readily point TO half dozen large factories
in New-York City that would be benefited in every
way by locating in Stamford. There is not
one OF them which could not dispose Of the
present building and site Tor sufficient sum TO
allow the erection of a splendid modern factory
building devised in harmony with the require
ments Of their special line. which years OF ex-
peTience may have suggested. In addition, there
would be. in most cases, a considerable sum left
over working capital. Thus, two great desid-
eratums would be obtained-e plant commensurate
with the growth OF the business and additional
working capital. Besides the OLD machinery would
be sold If only for scrap iron. and improved me-
chanical devices OF appliances purchased.
a glance at the map Of the harbor, which
pears this page illustrates the fact that nearly
all the factories Of Stamford located within
that parcel of land which has the railroad its
northern BOUNDARY and the waters Of s the haEbor
one time TO George A Hoyt one of Stamford's most
and development of the community The numer-
Gus streets ana majority of the improvenents
years After his death his heirs organized a hold
ing company. regularly Incorporated in 1899, for
the purpose OF handling commerciaIly. the vast
property. portions Of which have from time to
time been disposed OF. and upon the land formerly
owned by Mr.. Hoyt stand to-day OF Siam
ford most prosperous factories. notably the Yale
Towne Manufacturing Company. which employs
2.70e The land upon which the original
building erected was sold by Mr.. Hoyt in
1858
Manufacturers of New-Tork City and those in
dusTrial plants whose interests NAV make 1t ad
visa bic for them locate within reasonable dis
1alce of that city may find Ii to their advantage
communicate with this company who offer
splendid waterfront factory sites at fair valua-
tiou. There is also ample land conveniently 10
Gated for the erection of modest homes for oper-
atives as well a number of houses and small
fats suitable for mechanics IN this respect the
Grey-ock Land Company viii extend ali possible
facilities concerning the erection OF this class or
dwellings TO any reputable enterprise Of perma-
nent character.
All the property Of this company is within the
city limits. Half Of tt is improved with about 14o
houses stores it: the other half consists OF
residence plots and manufacturing sites Francis
3 Hoyt. son Of Mr.. George A HOyt, is the pres
dent of the company; Edward a. Day, -prest-
dent and Belden 3 Brown, secretary Inquiries
shouc be addressed 10 the office in the Stamford
Savings Bank Building, to Frank H. Hoyt, Nc.
s. Henry-st.