Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1905-03-30
INDUSTRY EXEMPTED
Spool and Bobbin Company
Freed from Taxes.
Action Taken at n city Meeting sat-
urday Evening, the Period TO
Cover Term Of Five
Years.

The Vermont Spool a. Bobbin company
from taxation for "a period of five years.
The company will remove its plant here
from Essex Junction and proposes to in
crease its output materially.
The meeting WAS called to order by
Mayor Burke. who read the petition ana
warning for the meeting. NJ. y. Mcmahon
was elected secretary, after when the
mayor expressed the hope that the meet
ing would be an orderly one and that
everyone would be given a fair show
At the request of V. a. Billiard reso-
luton providing for the exemption WAS
read by Clerk Mcmahon. The resolution
was as follows
| Whereas, The Vermont Spool and Bob
bin company, II manufacturing corpora
ton under the laws of the state Of Nor-
mont, now doing business in the town
of Essex in the county of Chittcndcn,
with capital of sl5.opo and employing
about % operatives proposes to increase
! its capital stock ana erect manu-
! factory for spools, bobbins and other
articles in the city of Burlington on
the property formerly owned by the
burlington Manufacturing company and
to remove it's business from Essex to
the city of burlington and to largely
increase it's manufacturing facilities pro-
vding the city of Burlington votes to
exempt its entire property from taxa
ton for the term of five years from
the commencement of business in said
city: now. therefore. be it
Resolved. That the said Vermont Spool
and Bobbin company and all such ma
chinery, tramways. appliances and build
,gs as are necessary for the prescott
ton of its business: machinery put into
uhoccupied buildings and all capital and
personal property used in such business.
shall he and the same arc hereby ex-
ompted from taxation in the city Of
Burlington. for the full period of five
years from and after the date of the
commencement of business by said cor
poration in said city of Burlington.
After tho resolution was road Mr. Bull
lard spoke in behalf of its adoption. lie
said the city had a right to exempt for
ten years but that the concern asked
exemption for only five years He said
the business was started with q capital
Of sl5ON and that it had proved to be
"A success. Mr. Bullard said such sue
cess would continue so long MS Mr.. ord
way was at the head. Another feature
mentioned by the speaker was that tho
company proposed to abandon good wa
tor power and come to Darlington and
operate by steam. lie said the number of
,employcs would be increased and that
men. not boys, would be on the pay roll.
OF the 20 employees now on the rolls only
two are boys. Mr.. Billiard said it would
lac for the best interests of the city to
have the concern locate here.
Robert Roberts said If exemption had
been asked for a period of ten years or
if the business was a fake he should op-
/, pose the resolution but as it was he was
heartily in favor of it and seconded the
motion made by Mr.. Billiard to have il
adopted.
Alderman IT, G. Willard asked il Mr.
Ordway was in the hall, saying that he
ought to tell the voters why he wanted
, to come here.
Mr.. Ordway replied that it was de-
sired to move the plant to Burlington
in order that the business might be in
. creased. lie said the business had grown
so that additional capital and more men
were needed. If they remained at Essex
junction they would be cramped.
Elias Lyman was in favor of the reso'
luton, saying that exemption was moth
ing new and referring to the establish
ment Of the Queen city Cotton Cos
plant under such a provision. the COM
pany now being the second largest tax
paying corporation in the city. AS a
req son for wanting to come here he etc d
the competition existing between the
two railroad lines.
G.. w. Erownell said the company in
question was now a tenant of his and that
he should hate to lose it, but he was will
ing to lay aside personal feelings and
vote for the resolution.
A. G. Crane said that he would be will
ling to guarantee that the city of Yer
l sennes would be glad to exempt the
concern if it would go there.
. c. c. Miller said the city needed new
industries He also spoke of the need of
I IA hoard of trade to influence new con-
Germs to locate here.
c John Mcmillan opposed the exemption,
isaying that the concern would come here
g anyway. lie said he WAS opposed to
Exemptions being granted at "A city meet
4 ing where less than IA third of the voters
t were present. tie thought such proceed
t incs should occur at the several polling
places.
: Michael Mckenzie also spoke in IA
vor Of the resolution and referred TO
the fact that the city lost the fair-
banks scale works and the howe sVN'e
works because it refused to grant them
privileges.
| The question was called for and the
| resolution was declared carried upon a
! viva voce vote. The meeting then au-
| journcd.
| The main building on the property
where marble was formerly Sawed, Will
be torn down at once and new two
story factory. - by 80 feet m SIZE VIII
be erected in its place. Inc company
hopes to effect a transfer Of the ousi'
mess early in the fall. +. +. Moore has
Illcased u frontage of l25 feet Of the prop
erty on Champlain street and VIII man
| ufacture there in suitable sheds. con
| crete blocks for building purposes This
II is q new industry in this part OF Tho
| country and the bohhin companys mil
! will be the first building here in which
they are used 1t is also expected tina
II another bobbin company will locate OF
II the property. They will make the smale
III bobbins used in cotton and wooden mills
Those made by the Vermont Spool an'
II Bobbin company being of the larger kim
used in jute, Irvine and cordage mills
Power for this and for any other enter
priscs that may be established on tn
boI h\-t no ~