The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-03-22
BUSINESS NOTES.

bOSiNESS NOlES.
Plans have been completed for a
new branch for The Home Savings
bank 10 be built at Livernois-st. and
Michigan-ave. The building Will be
one story, OF brick, stone and steel,
and work upon IL will be started very
soon.
4, }, Schardt. OF Milwaukee, ma
tional vice-president of the Railway
Mail Clerks association. will be the
speaker at the luncheon OF the Board
OF Commerce to be held Wednesday.
March 29 He will discuss the rail
way mail service.
In the regular bi-monthly meeting
of the board OF directors OF the Build.
announced that Is new firms had
joined the exchange since the last
meeting. This brings the member
chip OF the organization up To 301.
The membership committees of the
Northwestern Business Mems asso-
citation, have entered upon the last
lap OF the rousing campaign for new
members and both committees are 60
ing to make IL whirlwind finish.
The losers pay for an oyster supper.
DR.. +. +. Pitcher heads one commit
tee. and Arthur j. Lacy the other.
Both have arranged rally for their
committees for Friday night, and ex.
pect TO stir up the necessary enthusi-
asm 10 carry the campaign through
TO a grand finish. The contest closes
April 3.
The entire stock OF the old firm OF
Baldwin, McGraw Il Co.. wholesale
boot and shoe dealers. was sold, Tues
day, to Morris Nobil, of Sandusky, o.,
and David Spero, OF Fremont. O., and
the purchasers will remove the stock
for retail sale TO their stores. The
sale of the stock OF Baldwin, McGraw
q Co. marks the passing of firm,
which with Its predecessors was prob
ably the oldest In Detroit. IL was
formed about 20 years ago by the con-
solidation OF A. G. McGraw
& Co. and n. p. Baldwin, Jr. & Co..
the former established in 1882, and
the latter in 1888. II. p. Baldwin, the
senior partner OF the concern, died a
short time ago, end the business was
wound up by Thomas S. McGraw, the
remaining partner.
The Michigan Manufacturers asso-
citation is working TO secure moditi-
cation of the present requirement that
foreign corporation doing business
in Michigan, must file list OF its
stockholders before il can have any
standing before Michigan courts. A
circular sent out by the association
points out that the requirement is
burdensome, and has served no good
purpose. The object OF the require
ment was To facilitate the collection
OF debts for labor and material upon
which stockholders are liable individ-
ually. II is urged that the object
could be secured by requiring for.
eign corporation TO file suitable
bond, and bills along these lines have
been presented in both the house and
senate. A hearing on these bills will
be held In Lansing, Thursday morn
at 10 o'clock, and all manufacturers
interested are urged to present their
case at that time.
The Transportation Bureau OF the
Board OF Commerce will hold its regu-
lar monthly school, Wednesday even
ing, in the board rooms, and II Is ex-
pected that this will be one of the
most interesting sessions to be held.
G.. l.. Glasgow, G. W. Dickinson and
Lawton T. Hemans, the state railroad
commissioners, will be in attendance.
as well as operating railroad men and
railroad representatives and Detroit
shippers. The subject TO be taken up
is car demurrage, which Is the chief
source OF disputes between shippers
and railroad men, and 1t Is expected
that definite steps leading TO a solu-
ton OF this important problem OF de-
murrage will be the outcome OF the
meeting Tuesday night. The interest
of the Detroit shippers In the school
has been indicated by the number OF
calls the bureau has received asking
why the meeting was postponed from
March 15, when II was scheduled
There was a freight conference in
Chicago which made the postpone
ment necessary.
The reorganization of the Van Dyke
Motor Car Co, which has been In pro-
gress Tor some months, is now prac-
tically completed and the necessary
additional capital has been secured
TO put the concern on solid basis.
Backing to the extent OF $4,000 has
been pledged, and more can be OBJ
tanned II needed. Practically all the
creditors 1--WE accepted terms OF the
reorganization, and plans are now
being made for big season. Three
new directors have been added TO the
board to represent new interests In
the concern. They are w. w. Wuch-
ter. of the Swlnehart Tire & Rubber
Co. Akron. o.. Benjamin S. Dean, OF
the Salisbury Wheel & Manufacture
ing Co, jamestown, n. Y. and Charles
+. Allinger, OF the Charles A. Strel-
niger Co, of Detroit The other
members of the board are: w. l..
Davies. OF the Acme White Lead q
Color works, and Wilbur Brotherton
of the Jerome b. Rice Seed Co. The