Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1915-12-30
BOUGHT BY BURuNG1ON|AN
DR.. H. Nelson Jackson Purchases
Interest in Granite Quarry.
win he Associated with Ills brother
$. HOLSTER jackson in Part own
crship Of n 100000 Plant
mt Barre.

DR.. II. Nelson jackson OF this city has
S. Hollister Jackson of Barre, O. half
interest in the j.. l.. Smith s. co.
quarrying corporation of Barre. The
purchase is said to be one of the largest
and most important madc in tho Barre
granite belt for some time. The COM
pany is Incorporated for 100000.
The following account of the purchase
appeared In Mondays Barre Times
"A half interest in the we'll known
quarryng corporation. L. +. Smith &;
Co, has been purchased by DR. II. Mel
son Jackson of Burlington, together with
his brother, Attorney S. HOLSTER Jack
son of Barre. the deal being one of
the largest and most important made in
the Barre granite belt for some time.
1t is expected that DR.. Jackson will
later assume active participation in the
management of the corporations big
properties Tie transfer has already
! been made
"E. L. Smith & CO. own one Of the
best and largest series of quarres and
quarry land on Milestone hill. The cor
and quarry land, while it leases the So
called Gazeley quarry Of 100 acres
Within the past two years the corpora
ton bought of d. NJ. Miles. or the Mill
stone Granite company. CT acres Of
quarry and quarry land, and recently
II purchased the Wilson farm of 275 acres
with a view to making tho largest and
most accessible dumping ground for
| &c IN
build II railroad track onto this farm
so that grout can be dumped from rail-
road cars. thus facilitating the work of
disposing of the waste material.
"This great property is the develop
ment from an industry started by Emery
l.. Smith of Barre back in 1868 lie re-
tired from the firm in 1885. selling TO
John l.. and Donald Smith, who were
then manufacturing granite In n plant
on Burnham's meadow. These latter
gentlemen gradually added valuable
quarries to their original purchase In
1908 +. l.. Smith * Co. was Incorporated
and upon the decease Of John T., Smith
few years ago the corporation pur-
chased the stock belonging to his estate
and until the present transaction the
! principal stakeholder has been Donald
, Smith, its president and manager. whose
, knowledge Of quarrying has i'll u very
large degree contributed to the success
, of the business. The company Is incor.
, porated for 100000 Other officials are
Angus A. Smith, vice-president, and
+ f.. O. Kent clerk and treasurer. The
! annual meeting of the corporation comes
I in January.
1T Is stated that Donald Smith viii
= continue to be president and manager
4 of the company and that DR.. jackson
+ will devote much time to the enterprise
$ The latter has had considerable exper
i fence III mining operations. having fo
i seven years been managing director o
= Il silver mine in Santa Eulalia Chihua
= hua. Mexico. which properties he sold t.
= the English Exploration company o
q London. England. short time before
n the outbreak of the present hostilties il
= that country. DR.. JacKsons deter
e mlnation to make investment in th
e Barre granite indicates that Vermop
/, capital Is becoming more and more i'm
= pressed with the promise of Vermont
= vast resources and his action is likel.
= to be the forerunner of similar move
=, by other people in the State
II at Is certain that the corporation
II into which he and his brother hav
n bought is one of the best proposition
$ in Vermont r. l.. Smith & Co. ha
e had an honorable, as well as long, caree
n and has good reputation whereve
e Barre granite is known. The corpora
ton carries about 80 employees on it
books and its quarrying operation const
tutes one of the most important in TIL
Barre granite belt"