Norwich bulletin., 1913-03-25

l There were about 20 stockholders a l the second annual meeting Of the NOT 1 wich Industrial improvement corpora i ton, held at s o'clock Monday evenlns | in the town hall, with President Freq 1 eric w. Cary In the chair. The nee. ing was called at 4 o'clock in the a. ternoon at the Thames Natlonal panN but was immediately adjourned 10 the evening hour according to a preaT ranged plan There were the usu!4 reports, the election of a, board or q rectors, practically a reelection, anu the most important business was tne authorizing Of the directors 10 sGIi a building lots from the property ad- Joining the Thermos company lana on Laurel Hill.
 Secretary NJ E. Jensen read the cali Of the meeting and the minutes or s.ie last annual meeting. Treasurer GlI bert L. Hewitt gave his report, Wnich was printed in The Bulletin Mond2Y' and said that the corporation had been forced to give a note for Sl,ooo oWlns to a shortage of funds. MT. HeW1tt told of trouble in collecting some of the amounts pledged and said that there is now the sum of S4,329.o9 un- collected. There are six who nave made no payments and 24 who have paid in part MT. Hewitt said that he believed that practically the whole CT this would eventually be secured. Ser retary Jensen said that the subscrlp- tions of the six who have made no
 
 those who had paid in part still owed S2254 The sum of $42121 is still due On the Thermcs building.
 President Cary's Report.
 President Cary stated that the di- Iectors had cancelled subscriptions amounting to $400 for various reasons. one or two of the subscribers having gone into bankruptcy, one died and another gone to China. Several had also left town. President Cary gave the following report:
 There are a few matters that can properly be presented at this annual meeting for the better information of the stockholders of the Norwich h. dustrial Improvement Corporation.
 An addition agreement has been ob tained from the American Thermos Battle Co. which provides, that in case of damage to the Thermos factory by fire, the amounts received from insur- ance will be used to restore the build ing but the Norwich IndustrlaI Cor poration will not be liable for any fur ther amount beyond the insurance so received The building is insured for $125, ,000 in mutual companies, without expense to our corporation.
 The legal service of J. J. Desmond and Allyn L. Brown have been given freely and all the intricate problems connected with the undertaking have received their valuable and painstak- ing consideration. The engineering
 
 constantly in requIsition and freely contributed I cannot refrain from personally other members of the board. l.. o. Smith, John Ec- cles, James B. Shannon, William F. Hill, ". w. Lang and James l.. Case. They have served on various impor- tant committees and have rendered to this corporation disinterested and eff cient service.
 Attention should be called to the wonderful work done by your treas urer, MT. Gilbert L. Hewitt, in collect ing the subscriptions to the Thermos fund. / For over year he has given his services to this work and no one could have been mere successful or more diplomatic than he has been.
 Your secretary, @Mr M. D. Jensen, has handled a large volume of work with his office in a most thorough manner. Acting as seere- -ary without compensation and doing the detail bookkeeping and clerical work at the minimum of cost.
 The Thames National bank has given us the free use of a fully equip