The Republican journal., 1903-02-12

Manager.
From the Newburyport. Herald.
The business of the firm of Albert
Russell 4 Sons, will in the future be
carried on by Albert Russell 4 Sons
Company, a corporation organized un-
der the laws of the Commonwealth of
Massachusetts,, with a fully paid up
capital of $4,000.
The corporation has purchased the
real estate and other assets of the Old
firm and assumed all its liabilities, and
will carry on a foundry and machine
shop business at the old location. In
addition, their articles provide for the
dealing in all kinds of metallic castings,
machinery, pumps, capsRns, Winches,
tools, and all other goods, wares and
merchandise made of brass, iron or
other metals or any compounds there
of, doing all kinds of piping and plumb
ing; installing, altering and repairing
all kinds of heating apparatus; and
dealing in personal property of all
kinds.
The business was founded by Albert
Russell in 1910, and for SO years has en-
joyed to a large degree, the confidence
and respect of the business world. 1t
Is Ullc lllltlltlOll VI lllc llCN wi
starting with the advent of the present
year, to hold up its prestige and repu-
tation.
Some years ago after the business had
been inaugurated, Mr.. Russell associa-
ted with himself his two sons, Albert
and Edward p Russell and the part
nership continued until 1888, when AL
bert Russell retired Mr. Russell, ST.,
died in 1891, and the business was car
ried on by Edward p. Russell, who had
acquired the ownership. After his
death in 1898 the business was man
aged in the interest of his heirs by
William F. Runnells.
The business was started in a small
way on Browns wharf in the building
now used as an engine room by the
Newburyport Car Company. Small
| castings for ship work We're made at
first, there being a lively demand on
! the part of ship builders along the
| banks of the MerrmaC river
| The work turned out from Russelfs S
| foundry was of such a superior quality
/ that the business rapidly increased and
in course of time it was necessary to
! move to larger quarters, which were
found on Merrimac street. In course
of time an extensive line OF marine
speciatieS were added to the concern S
output In connection with the fOun-
dry. a large and well equipped machine
shop was maintained.
Under the present management, the
plant has been still further enlarged,
until there are now $4,000 feet OF floor
space devoted to the use of the corpora
ton, and the firms customers are found
in every seaboard city and town i'll the
United States, as well as in several
foreign countries.
One of the best known articles sent
out by the firm is the Russell pump,
and over 30, 600 have been sold. Many
valuable patents are controlled by the
company and application for other pat
EMS are pending.
In 1898 the firm took over the brass
foundry business formerly owned and
carried on by Charles H. de Rochemont
and since that time have operated a
brass as well as an iron foundry.
In addition to ship work, the firm has
done various kinds of miscellaneous
business and its usefulness to the mer-
camille world constantly increased. The
largest casting that can now be made
at the iron foundry is four and half
tons, but Mr.. Runnells contemplates
oOOi uuulliS5 q io-eoAi hh'AAissNS ~ VIM w.
latest design.
The past few years has been exceed
ingly prosperous ones for the concern.
During the past two years, there have
been 40 men Oh the payroll and at times
still large number. The men are all
we'll paid and the most cordial relations
exist between them and the firm. Since
Mr.. RunnellS took charge, a number of
buildings have been added and the
scope of the business, made necessary
bv the decline of the merchant marine,
has been widened and placed on a sub
stantial basis for the future.
Mr. Runnells is secretary and treas
urer of the new corporation. He will
also manage the business.
He has in mind number of improve
ments. which will be consummated a
little later. Among them the new fur
mace, mentioned above, and the install
lation Of electrical and compressed air.
Two new departments will be added at
once-steam heating and plumbing,
which will be placed in charge Of COM
petent men.
1t is exceedingly gratifying to all
that this firm is taking on new lite and
broadening its usefulness, and there is
excellent reason for congratulatlng MI.
Runnels, whose superior business sa-
gacity and executive ability have made
it possible.
The Albert Russell & Sons machine
shop and foundry has long been one OF
the honored manufacturing industries
of Newburyport. May the new corpor-
alton fulfil the high ideals OF its prede-
cessor and win still greater success by
uprightness, integrity and wise and
business-like methods.
Mr.. Runnells is Searsport boy,
studied law there, was admitted to the
Waldo county bar, and has many friends !
all over the county who will be glad to
learn of the success which has attend
ed his business career Circumstances
made it necessary for him to give up
the practice of law, but he may well
feel proud of the success which has at
tended him in different line.
OAsT0E