Norwich bulletin., 1915-10-05
FIRST SUBSeRIP TONS MADE
Start is Made for Organizing Building Assoeistions
 $5,400 From individuals Confidence Future of Hopkins and Allen Co Committee i. to Pfocsed. .With Securing Subscriptions. a N


 be shown to be in the last named class | and that the most profitable way would \ be to develop an acreage tract.E There | is prospect not only of the devaIop1 | rpany. but also of the coming of other | concerns whose employees we would be l unable to aceommodate.
 Letter. from MT. Lorins.
 Chairman Perkins read a letter from Mi. LorinE which mentioned houses built in Plyniouth which were of two family, four-fanily and eight-farnily type. which he thought, were good kind to look over
 Herbert R. Branehe said he was con- yinced of the need of houses in, Nor wich and he was ready to- take his mite when the building company is formed. The need is here and the -op- portunity for Norwich. has arrived s..
 Should Meet Situation.
 c. D. Moves was called upon and said the situation was grave one to contend with and it, is our duty to meet it. He said he endorsed what had been said during the evening We have the industry here, it's develop to pass around the hat, MT Moves said he would try to do his share.
 Mayor Murphy eoosts.<
 Mayor Murphy declared there was room for new houses in Norwich, whether the Hopkins & Ailsn com pany comes or not This city is pros porous, but it. hasn't been building houses of the right sort The sooner we get together unitedly and put in ours contributions towards this bui1d- ing company we win be doing some thing for the best good of the city. Subscriptions Started.
 --.-S-- A. . he would subscribe for five s100s shares- and he was followed by Frank A Smith 5 shares, Mayor Timothy c. Murphy s shares, George S. Watts s5 shares and the Reid & Hughes sCo.e5 shares p. T. Shea who. although he had empty tenements on, his hands and had lost rent in the past year, said he was enough. interested to subscribe for l five shares.
 c. D. Neyes subscribed for five shares and Mir. Perkins said he was authorized to subscribe shares for George W. Carroll William A. Soraera subscribed three shares. Albert Board man two shares. The CranstonS CO ono share. James l.. Case i've shares IN. J. Aylng two shares, Branche Bros. On motion of Shepard B. Palmer the further raising of subscriptions was 1 placed with the joint committee. lis 1 next meeting is to be Tuesday after noon at o'clock After further discussion in gen. erai way in which generally an em- phatic belief in the advisabiiity and necessity of forming the building com pany was expressed. the meeting ad- journed at s.45. | Statement.
 The printed statement made by the | joint committee was as follows:
 We know that the Hopkins & Allen | Arms company have an order for l5O,- 1 a valuc of more than $9,00O ,0O0
 We know that $500, 900 has been ad- Evanced on this order, and that an ac- I ditional $500, 900 is available when the first advancement has been expended in preparation for the execution of I wa know that this advance is to be applied pro rata upon each. invoice, so | that as rifles are shipped practically IS per cent, of 'each invoice will be covered by additional cash. We know that the Execution of this contract means about eight years of work for the shop. at its previous rate of production, and that when running full capacity about. six hundred hands have been employed. That the de- mand for these new guns is such that 1 the force must be increased in every way possible. and if raised to 2,40o men will mean work for two years.
 We know that this demand for men I will give work to all the available unemployed in Norwich, and the sbal- ance will have to be drawn from out of town.
 1 We know, as a regult of investiRa- ton, that there are not enough unoc- cupicd houses and tenemenfs to take I care of more than fifteen or twenty per cent of the fanflies that will | t4~ II~S5s l. a.Ae--.
 can, be properly housed it win be difficult to attract them, and iEnpossi- ble to hold them. We know that the men back of the Hopkins f& Allen Arms company are men of large affairs and who have protected fully the interests Of other 1 industries with which they are asso- ciated, and that they possess the ability and the, means to protect this | company
 We know that an increase in the population, Of Norwich means increa s- ed opportunity for every merchant, ev- cry artisan and every professional man in Norwich. We know. that the Hopkins & Allen | Arms company people have sufficient faith in the future of that company to invest their money here in Norwich, | We believe that this developnnent. of the Hopkins $ Allen Arms company offers to Norwich an opportunity for t-growth that should not be neglected. ].
 We believe that because of the character and. resources of the men behind the company. and because of T the large amount of money invested ia plant and equipment adapted to the manufacture of a variety of things in addition to guns that the develop ment will be permanent.
 We believe thata large and success fui nnachinea shop wfll prove of great benefit to the reople of Norwich, creating renumerative work for oiif people. and Bringing into the City large sums of money, avery large prupor- ton of which viii be distributed fn pay rolls and circulated right here at I home.
 we believe that the people of sthas city are able and ready to support any propbsition that means the bniidana of a large and better city. ana thas they will promptly and cheerfuiiy do what is necessary to secure to Nor wich its shore of the .prosperity nov within reach. m
 We therefore sreecr1mend that sub- scriptions be immediately solicfted 10, the capital stock of Real Ewta&e and Building company, with capital oj s100s0oo divided into, 1000, afares .o1 par value of @100 each (700 shares ol | S20,000 of which win De. subscribed bJ