The Barre daily times. (Barre, Vt.) 1897-1959, 1915-12-27
Half Interest in E. L. Smith
q Co. Bought by H. Nelson
jackson and S. H. Jackson
DONALD SMITH WILL
REMAIN AS MAJ 7ER
H. Nelson Js ". Recently
Dispose 8 lis Mining
Prop.Sy J in Mexico

A half interest in the well known
quarrying corporation, f. l.. Smith & Co.,
has been purchased by DIR. II. Nelson
jackson OF Burlington, together with his
brother, Attorney S. Hollister Jackson of
Barre, the deal being one of the largest
and most important made in the Barre
granite belt for some time. 1t is expect
ed that DR.. Jackson will later assume
active participation in the management
Of the corporations big properties. The
transfer has already been made.
+. l.. Smith q Co. own one of the best
and largest series of quarries and quarry
land on Milestone hill. The corporation
holds title to 1876 acres of quarry and
quarry land, while it leases the so-called
Gazeley quarry of 100 acres. Within the
past two years the corporation bought Of
ID. NJ. Miles, or the Milestone Granite Co.,
81 acres OF quarry and quarry land, and
recently it purchased the Wilson farm of
275 acres with view to making the larg-
est and most accessible dumping ground
for waste granite stock 1t is proposed
to build railroad track onto this farm
road ears, thus facilitating the work of
AioPo5luS vi Tue Waste uldLeTldI,
This great property is the development
from an industry started by Emery L.
Smith of Barre back in 1868. He retired
from the firm in 1895, selling to John f.
and Donald Smith, who were then manu-
featuring granite in a plant on Burn
hams meadow. These latter gentlemen
gradually added valuable quarries to
their original purchase. In 1908 4. L.
smith & Co. was incorporated and upon
he decease of John +. Smith few years
lgo the corporation purchased the stock
belonging to his estate; and until the
present transaction the principal stock
lolder has been Donald Smith its presi-
lent and manager, whose knowledge of
IuarTying has in a very large degree
to the success of the business
The company is Incorporated for S200000.
)ther officials are Angus A. Smith, vice
resident, and Il. O. Kent, clerk and
reasurer The annual meeting Of the
comes in January.
Ii is stated that Donald Smith will
ontinue TO be president and manager OF
he company and that DIR. jackson will
evote much time to the enterprise. The
utter has had considerable experience in
AiiiiAiE opti atfoiinf ilaNiHE lof seven years
cen managing director of silver mine
! Santa Eulalia, Chihuahua, Mexico,
-hich properties he sold 10 the English
xploration company of London, Eng
md, short time before the outbreak Of
he present hostilties in that country.
n. Jackson's determination TO make in
astment in the Barre granite indicates
rat Vermont capital is becoming more
nd more impressed with the promise of
ermont's vast resources; and his action
likely 10 be the forerunner of similar
owes by other people in the state.
II is certain that the corporation into
hich he and his brother have bought i
he of the best propositions in Vermont.
I. Smith q Co. has had an honorable.
well as long. career and has a good
putation wherever Barre granite is
lown. The corporation carries about
o employees on its books and its quarry
g operation constitutes one Of the most
lportant in the Barre granite belt