Norwich bulletin., 1914-03-31

[ At the Thames National bank at { o'clock on Monday afternoon the an nual meeting of the Norwich Indus trial Improvement corporation was held, at which the annual reports of the president and treasurer were made and directors were elected by the stockholders.
 .S118,eo2 in Thermos Wages. In the annual report of President
 JaHles L. Case it was shown that the
 statement of the American Thermos { Bottle company showed total pay ment in wages of SIS, S,902.66 and SIS 052.55 expended in advertising. The annual report of Treasurer Gilbert l.. Hewitt showed that $75,023.s5 had been received from the payment or pledges.
 Stock in Evhange for Lots. Attention was called to the division of the land on Laurel Hill near the l Thermos factory into building lots, of which there are IT in all, of the stan dard size of 5ox1oo. Sixty-n.ne nm + or these lots are now available and the following vote was passed at recent meeting of the directors:
 { Voted, That building lots, at prices determined by the real estate commit tee, may be paid for by surrender. at ton, upon agreement to bulld upon each lot thus paid for 8 suitable mousse details to be left with the real estate committee with power.
 The lots have been rated in value by the real estate committee from sS5o Election of Directors. At the stockholders meeting sos ( shares were represented as voting, z52 personal and 554 proxies.
 1 The following directors were elected; | Allyn L. Brown. M. P. Jensen, James l.. Case, Jeremiah J. Desmond, w. B' Young Gilbert l.. Hewitt, William F. 1 Hill, Walter W. Lang, Shepard E. i Palmer, James B. Shannon, Leonard o. 1 Smith.
 All were re-electons except NIT. i Jensen and MT. Young, the former saking the place of Frederick W. Cary,
 whose term expired at this meeting,
 and the latter filling the vacancy lert
 x the death of John Eccles.
 The directors are to have later i meeting at which they Will elect o1ll- Presidents Annual Report. l President Case made the following 1 report in writing:
 ] To the Stockholders:
 Since the last annual meeting of this l corporation the American Thermos l Bottle company has taken possession of and occupied the new plant on 1 Thermos avenue. From April l, 1915 1 rage of more than 200 hands. The 1 Thermos company has submitted tC l this corporation a statement as oi l Feb. 19, showing a total amount paid I in wages of $11Ss90266 and for adver- | Using $1S,052.55. These sums repre-
 sent actual payments by checks ] through the local banks and they have i been verified by an auditor appointed ! by your executive committee. The 1 Thermos company has spent a con i siderable sum in laying out the grounds ! adjacent to the factory and office l building, so that the appearance of the ! entire property is most attractive.
 As a result of several conference:
 an equitable division of the presen factory building was made, and b1
 vote of a special stockholders meet
 ing held during the year proper deed
 l were executed and delivered. Becaust
 of this action it became necessary tt
 arrange for the erection of a suitable
 firewaH dividing the portion of tn
 factory owned by this corporation iron
 that owned by the American Thermo
 Bottle company. should it become nee
 essary at any future time to mak
 such division, and the Thermos com
 pany has filed with the treasurer O