Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1910-07-20
P]LLSBURY- BALDWIN CO. GO
According to St. Johnsbury Paper Bar
ton to Lose Biggest Single
Industry.

INDUSTRY.
The ST. Johnsbury Republican of
this morning, Wednesday, July 20,
says: 1.-The Pillsbury- Baldwin COM
pany of Barton has decided to move
its business to st. Johnsbury if st.
Johnsbury capital will meet them half
way in the forming of new corpora
tion to carry on the rapidly increasing
business.
The st. Johnsbury Commercial
club has begun to boost.
when it was learned that the Pills
bury-Baldwin company were looking
for wider field, the executive COM
mittee of the club and the committee
on Industrial development took the
proposition in hand and have made |
thorough investigation.
After eight weeks of careful in
vestigation and full consideration of |
all the questions involved the commit |
tee instructed A. B. Noyes, F. D. Gil |
man and John Rickaby to confer with
the Barton people, and as result the !
report returned to the meeting of the |
club last Thursday evening was unan-
lmous in favor of the proposition and
heartily recommended it acceptance !
Accordingly a subscription paper
was started and over $4,000 was SUBJ
scribed that evening and since nearly
as much more has been pledged. This
is certainly proposition worthy of
credit and the advice of General Dan
iel Remick at the recent banquet of
the Commercial club is well to the
point. IF you want to help st.
Johnsbury industrially, or otherwise,
don't tighten up on your wad, but
throw down your dollar!'
"As everyone knows the Pillsbury-
Baldwin company is composed of H. F.
and F. H. Pillsbury and c. C. Bald
win. The company began business in
1906. The first year it employed nine
to II men and did business of bout
SIT, 900. Last year it employee 48
men and it's business amounted to
$81, 700. The business T is year will
amount to more than 100000. In
1906 the company had IA customers.
It now has $50.
''The business Of the company is
principally mandatory and dealing
in plumbers woodwork supplies, box
shocks and other woodwork. The
principal wood used is ash, birch and
maple in oak imitation and can hardly
be told from genuine oak.
A rcent single shipment to the Pa
rific coast amounted to SIS, 700 and the
San Francisco jobber to whom these
goods were sent was SO well pleased
with them that he wishes to arrange
for car load order month, amount
ing approximately to $685. year.
"When the company locates in ST.
Johnsbury it proposes to erect an i'm
proved plant about 60x12, with a dry
kiln about 30X60, to be built of cement
blocks, equipped with sprinklers, COM
plying with the most rigid regulations
of the insurance companies to warrant
the lowest possible rates. Such a
plant, for which plans are already
made, would cost in the neighborhood
of $50, 900. Such plant as the pro-
moters have in mind would be
equipped to employ 200 men and those
most familiar with the growth of the
business are sure that 100 men, at
least would be needed within a year.
l ''The proposition to ST. Johnsbury
in this is that if we will take $50,
of the preferred stock of the company
the company will locate here, taking
: an equal amount in common stock,
paying for same in the materials on
5 hand and subject to appraisal by ex-
perts, and the balance in cash. The
, preferred stock is preferred both as
to dividends and assets, to be cnmula-
, tive and bearing guaranteed divi,
dend rate of Z per cent quarterly,
free from taxation, with represent
alton of four out of the seven direc-
t tors of the new corporation which it is
!: proposed to have formed to assume
the business.
2 among the members of the com
merclal club who have given the prop
, osition thorough investigation be-
sides those mentioned above, are A. II.
Mcleod, c. H. Stevens, John c.
/, Clark, F. H. Brooks, C. R. Lynch, L.
W. Hastings, H. W. Randall, D. E.
Porter, Joseph Fairbanks, P. F. Ha-
0 zen and they are heartyin favor of the
: establishment of the new enterprise
r here.
0 ''The Commercial club committee
in it's report says: After fully con-
sidering all the details of this propo-
;, sition we have decided unanimously
Il that this is worthy of recommendation
: to our citizens. There could not be q
i cleaner business proposition from our
standpoint.
"This proposition and one or two
I others which the club is Investigating
e is of :irect interest to every citizen
s and taxpayer. Every merchant and
every resident will be directly bene-
flied by E1e additional business such a
concern brings into town. When this
q new busia. IS is established here il
e will be substantial beginning toward
s the industIi | growth for which we
have every ma atural advantage.
q Lets maxi short work of the rails
q ing of the necessary guarantee fund.
e It's time to get this propositlo1 provid
e ed for and out of the way, Tor there
are others on the way.