The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1914-07-24
BOSTON MILK Co.
OWES $4,000
IN VERMONT
Representatives Here Seeking
for Resumed Shipments
GIVEN COLD RECEPTION
Farmers In Southern Halt OF the
State Want Bond to Guaran-
tee Payments

Manchester, July 23.-A committee
working in the interest of
the Boston Dairy Co, met
about fifty farmers from all parts of
the county at the Manchester railroad
station this morning in an endeavor
to secure their promise to continue
shipping their milk to the company
The committee of Boston men includ-
ed three bankers. Messrs. A. b. Tur-
ner. Rufus L. Wilbor and Mr.. c. B.
Wilbar and Mr.. Cabot, an attorney
representing the owner of the COM
pany. The farmers in response to
the circular letter received yester.
day appeared in force, many of them
hoping to receive their checks, but
when they found that there was no
money forthcoming at present they
were in no mood to agree to begin
| again to ship their milk to Boston.
| The committee explained the finan-
clai condition of the company which
seems to have resulted from failure
to make the condensed milk factories
at Bellows Falls and Charlestown
paying propositions. showing debts
around $4,000. including $4,000 due
the farmers for milk and about $780,
600 in accounts receivable in addition
to the two condensed milk plants and
the equipment necessary for the IL
| quid milk business. They suggested
that II the farmers would continue
shipping TO Boston the profits In the
liquid milk business would gradually
eat up the present debts and that
checks would be sent once in thirty
days. But. as they would offer no
real guarantee OF payment they Sc
cured no contracts here. Most of the
farmers in the vicinity of Manchester
have recently purchased separators
and are selling their cream to the
Manchester Dairy and Ice Cream
company, local concern organized
recently which ia shipping large
quantities of sweet cream to New
| York.
Rutland. July pa financial
| statement from two of the three
| trustees OF the Boston Condensed
Milk company OF Boston. which was
given this afternoon before meet.
ing OF between 80 and 40 farmers
from this and Addison counties. in
cludes debt OF about 100000 to
/, milk producers in New England
States and approximately s65,OOO is
| owed to the farmers of Vermont. A.
b. Turner and c. b. Wilbur of Bos-
ton, representing banking houses, to-
gether with legal representative
met the local delegation this after
noon and they came to Vermont In
the hope of presenting a proposition
which will result in the further ship
ment OF milk. Although no definite
action was taken at the meeting II is
not probable that the farmers will
again begin shipments, unless the
foreign company place a $4,000 bond
properly endorsed in the hands of
the secretary OF State.
The farmers. who conduct big dair-
les and produce milk in this vicinity
have for the last number OF years
sold milk to foreign companies in
Boston and New York Recently the
Boston Condensed Milk company
failed to send the monthly checks
and the milk supply gradually dropp-
ed until on July the Boston car was
discontinued.
Since that time the farmers have
been making butter. selling their
milk to the New York company or
making use OF the fluid at the farm.
Mr.. Wilbur and Mr.. Turner and
their houses sold something like
100000 worth of stock in this com.
pany to their clients and when the
comapny went wrong they offered to
take up the task OF getting the con-
Germ to its feet IL such thing is pos.
sible. They stated today that they
we're serving without compensation
and we're even paying their own rail
road fares. It was simply an effort
to make good the stock they had sold
their friends.
II the farmers start the shipment
Of milk into Boston the bankers will
guarantee the monthly payments and
they also promise to pay the back
bills out OF net proceeds. When the
law went into effect calling for the
bond this company formed the Bos-
ton Dairy company Of Vermont and
thus escaped the fling OF a bond.
claiming the dairy company was To-
cal organization. Now that the fall