The Detroit times., 1911-05-11
BUSINESS NOTES.

Secretary Lucius K. Wilson, of the
Board OF Commerce. will speak before
the members of the Board OF TRADE,
OF Mishawawka, Ind, Wednesday
evening
The formal opening OF the United
Motor Detroit Co., In It's new home,
at Woodward and Charlotte-aves.,
has been announced for Friday and
Saturday, May II and Is.
The annual meeting OF the stock
holders or the Evergreen Cemetery
association, was held In the offices OF
the company in the cemetery, Tues
day afternoon. The stockholders In.
spected the property and approved the
reports OF the officers. The former
directors and officers were reelected
In meeting of the directors OF the
Broadway Market Co., Tuesday after
noon, ex-Mayor Philip Breitmeyer was
elected president OF the company. The
other officers are: Treasurer, Enoch
Smith; secretary, Harry s. Warren
The plans OF the building which have
been drawn up by Architect H. G.
Stevens, were approved by the d.
rectors, With certain changes which
Will improve the structure A call
for 20 per cent OF the subscriptions
Will be made within a few days, and
work will be started at once
Frank Briscoe, one of the vice-pres.
idents OF the United States Motors
Co. has been appointed TO take gen.
eral charge OF the plants Of that cor.
poration In Detroit, and will have
Offices in the new building of the
company, at Woodward and Char
lotteayes. This Is in line with the
policy OF the company TO centraliZe
the management, to get all possible
benefit out OF the economies of
large organization. The plants of the
United States Motors In Detroit EN-.
ploy $500 to $500 men and the value
OF their annual output Is more than
100000.
II was impossible to take definite
action In the meeting OF the bond
holders of the Detroit Salt Co., In
the Offices OF the Security Trust Co.,
Tuesday afternoon, to straighten out
sent of the bondholders and the cred
itors to the plan proposed had not
been secured About go per cent OF
the bondholders and 40 per cent OF
the creditors have assented to the
plan by which the bonds will be con-
yerted into an issue OF 6 per cent
cumulative preferred stock, and the
other indebtedness will be convert
ed into a secondary issue of per
cent cumulative preferred stock.
These issues would take precedence
over the present $1,500,000 OF com.
mon stock Secretary jennings will
probably attempt to secure the con
sent of the remainder OF the bond
holders and creditors. The Security
Trust Co. as receiver made a salts
factory report of the operations of
the plant at lakewood since the re-
Ownership began.
Fire insurance men from the state
met In the Hotel fuller, Tuesday, to
organize the Michigan State Protec-
tive association TO cooperate with
the newly established state fire mar
shal's bureau In the prevention Of
fires Carelessness is the chief cause
OF fires, il is stated and II Is the OBJ.
jeet OF the association to make In.
spections that will abate the cause.
The officers Of the new association
are: President, George X. Marsh,
Hillsdale; vicepresident, Joseph w.
Beck, Detroit; secretary, c. II. Hutch.
inson, Lansing; chairman of the ex-
ecutive board, w. s. Abbott, Detroit;
members Of the board, W. G.. Titus,
Lansing; F. NJ. Champlin, Grand
Rapids; II. o. Benedict, F. A. Vernon,
II. +. Bartels, and J. @. Carver, De-
troit. State Insurance Commissioners
Palmer attended the meeting, and
also Henry A. Wolfe, of Muskegon,
who has been appointed deputy. G.
T. Dietrich, f. c. Speed and w. p.
Goodwin, OF the Ohio protective as
ISOLATION, told OF the working of their
organization. Mr. Wolfe returned to
Columbus with them to learn more
about the association.
John A. Gleeson, chairman OF the
transportation committee OF the
wholesalers and Manufacturers asso-
citation, announces an improved freight
service to the south over the Carolina
Dispatch, Norfolk & Western, Wins
ton-Salem Southbound and the Allan
> tic Coast line roads from Columbus,
Ohio, to Florence, 8. G. This service
will give Detroit shippers fve-day de-
liveries to all points In Georgia and
North and South Carolina The pres
ent service takes from 10 TO 20 days.