The Providence news. (Providence [R.I.]) 1891-1906, 1905-12-19


eral towns he united with hnanciers of
national reputation, taking over the prop
critics of the Union Railroad the Provi-
dence Gable Tramway, the Pawtucket,and
the Pawtuxet Valley Railroad companies.
and tho Peoples Edison Iluminative and
Power company OF Riverpoint.
In 1894 he rescued from decay the mori-
bund Interstate Street Railway company
and made u a paying property. other eN-
periencod railroad men had scofred at the
idea that the road would ever pan out.
Two years later he was chosen as a CO.
receiver with the Hon. Thomas c. Plat,
for the New York and New England Rail
road company and by his sagacious hand
ling OF the assets secured "a profit OF $40
share TO the holders OF common and
handsome premium 10 those having pre-
ferred stock.
In October, 1895. he organized the
Providence Banking company which has
Z capital OF $4,000 and a surplus OF more
than 5000 600 In 1898 nc was elected
director OF the Nicholson File company.
capitalized at $4,000. He planned an ex-
pansion OF business, increased it's capital
TO S,OO0.000 put its products in all the
markets OF the world. increasing the value
OF the stock from $50 TO N72.Jo In De-
Cember. 1908. no went upon the directory
OF the American Screw company. The
business was shaken up and expanded.
the stock advancing 10 Sli5 and paying
ak per cent dividends.
In 1881 he was chosen director Of the
Bank Of America, which at his instance
was reorganized as the Union Trust COM
pany In 1890. In 1881 the deposits We're
SS7 600 This year they were Sl4 000. 600.
The building IL occupies Ia owned by the
City Realty company. the stock OF which
! is owned by the Union Trust company
and Mr., Perry owns 65 per cent. OF the
| Trust company's stock. The l2-story
block could not be duplicated for 81. 000. 600
Mr. Perry has the finest collection Of
rare Chinese porcelains IN this part Of
the country an unsurpassed collection Of
priceless 18th century English furniture
and the greatest and best Shakespeariana
In the world. II has cost more than
$3.50 900. one small volume being valued
| in excess OF $4,000.
He gave 10 Brown university the Sidney
s. Rider collection OF Rhode Island litera-
| ture, including moro than 10000 pieces.
many being in the original manuscript.
| Last summer he restored University hall
at Brown and few years, ago gave "A
| casino building TO Attleboro I'm memory
of his parents.
| Mr.. Perry resides in the famous and
beautiful John Brown mansion on Power
and Benefit streets. which was erected in
| 1856. II is one OF the best six OF the Geor-
g!an period in America.
Mr.. Perry il n multi millionaire and Is
associated with other prominent inan-
ciers in the following enumerated cor
porations
American Screw Co. vice president and
director.
Atlantic & North Carolina CO.. presi-
dent and director.
Attleboro Branch Railroad Co. presi-
dent and director.
Electric Bond q Share Co. New York
president and director.
city Realty corporation. president and
director.
Electrical Securities corporation. New
| York, director.
New York, vice president and director.
First Night and Day State bank, New
York. director.
Interstate Consolidated Street Railway
Co. president and director.
Narragansett Electric Lighting Co.
president and director.
Nicholson File Co, director.
Pawtucket Street Railway Co, vice
pre- sdent and director.
! Pawtuxet Valley Street Railway Co.
vice president and director.
Providence Banking Co, director.
The Rhode Island Co. (street railway
president and director.
Rhode Island Suburban Railway Co
vice president and director.
The Trust Company OF America, New
| York director
Union Railroad CO., vice president and
! director.
Union Trust company, president and
! director.
Norfolk & Southern Railroad Co. presi-
dent and director.
New York. westchester & Boston Rail
| road Co, director.
He is also an owner and director and
largely interested in the great electric
street railway system Of Denver, Col.