The Owosso times. (Owosso, Mich.) 1897-1926, 1906-05-25

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pointed to wait upon the officers of tn,
Estey Manufacturing Co. and express
the regret of the people at the destruc
tion of the plant. Remarks beins
called for q. w. Detwller said he be
heved it was. the universal sentiment
that the city do anything reasonable tt
assist in rebuilding the factory. FREQ
Woodland was of the same opinion
James Osburn said he thought bonus
should be given, so that all would share
alike in thus working for the interest OF
the city. He thought bonuses had
made and should continue to make
Owosso prosperous. Ira q. Curry said
we would feel the effect of the loss OF
the factory as days went by, but must
make it up by having the factory re.
built, helping in some way. D. NJ.
Christian said he would rather give
personally than give bonus and would
give $500. J. H. Laverock said he
would give $500 to see the factory re-
built. S. E. Parkill suggested that the
company's wishes should be known.
M. l.. Parker, V. M. White, DR.. Lamb,
Il. l.. Nutson, S. P. Anderson and
James Archer spoke. Aid Sturtevant
believed bonus should be given,
spread on the tax roll and paid this
year. L. A. Hamblin favored putting
whatever amount was necessary on this
years roll. Geo. Charlton, q. l..
Sprague, Aid. Lamfrom, L. A. Sander.
hoff followed in short talks. J. H. Rob-
bins said he did not suppose the COM
pany actually needed help in dollars
and cents but that was the practical
way to show that we want the factory
rebuilt G. b. McCaughna said the loss
of the factory meant depreciation in
the value of our property so great that
all could easily afford to paw whatever
tax was necessary to get the company
to rebuild. w. A. Woodard said he
would like to have the owners of the
factory come and explain what they
would like to have done. 1. II. Keeler
said the city had always done the right
thing and would now. w. B. Russey
said the laboring men were ready and
willing to vote for bonus. A commit
tee consisting of A. M. Bentley, S. E.
Parkill, j. Frieseke, Fred Osburn and
E. j. Sheldon were then selected to con-
suit with the Estey officials and report
at public meeting to be called later.
The committee appointed at the Citi-
zens meeting in the Y. M. g. A. rooms
Monday morning to, confer with the
Estey Manufacturing Co. officials and
ascertain their plans and desires as to
the rebuilding of the burned factory in
Owosso, met them during the forenoon
and found that they felt that Owosso
was a good place for factory, that the
city had always done everything. possi.s
BILE to assist them. that they had slarge
interests here, the labor question had
given little trouble and that the local
and directors We're anxious
to rebuild here. Col. J. Gray Estey, of
Brattleboro, VT, who represents the
eastern stockholders and controls fifty
four per cent of the stock, was not posi-
tive what his brother and he would do,
and as the brother was in Europe it.
would take several days to hear from.
him, and in the meantime plans could
be considered. Col. Estey said the COM
pany desired to continue business and
had done large and well paying busi-
ness; that they might feel inclined to
accept a building from the city suitable
'or their business. They would not ask
The city to give it to them but would
expect to pay back the amount used to
he city without interest.
If rebuilt the factory will probably
,e larger and better equipped than the
I'D one. The old factory. was 6Ox375 |
With an L 60x15O feet, four stories and
easement and the new would probably
70 S0x375 with two LIS, one at each end
# the main building, each S0x15O feet.
OTHER LOSSES.
Aside from the loss to the Estey
manufacturing Company the two tele-
hone companies and the Lake Ice Co.
we're the heaviest losers. The loss to |
he ice company amounts to about |
5000 with $4,000 insurance. Some
900 tons of ice were stored in the
uilding and about one half of it was
Melted. The remainder has been saved.
'oth the Union Telephone Co. and the |
fichigan Telephone Co. lost consider
BILE quantity of expensive cable which
ogether with poles, cable boxes, wire
nd other attendant expense, including |
eavy express charges for getting out
able promptly, made the loss of each
in the neighborhood of a
thousand dollars. The loss to the
Western Union approximated 5000,
7hile that of the Owosso & Corunna
,lectric Co. will be covered by about
1875.
VAULT OPENED.
The vault of the Estey Manufactur-
ng Co. was opened yesterday morning
nd all the contents found intact. Some
apers lying nearest the door OF the
ault were somewhat discolored by the
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