New Britain herald., 1916-02-05
FAAtnV1Rne News NEW STOCK ISSUE
 WILL BE APPROVED Trumbull Stockholders to Con-
 sider Proposition Monday WILL ELECT OLD DIRECTORS
Preferred Stock lssup Created Five Years Ago Will Be Retired-Mc- Donald Child Meningitis Victim Griffin Engages Counsel-Briefs.

Approval of the plan of the board of directors for increasing the capital stock of the Trumbull Electric Man upfacturing company from S5OO,OOO to S600,0 900, creating a new issue of $3OO,0O0 in preferred stock, will be given by the stockholders at their an nual meeting to be held Monday. The proposition has been under consider atiOn for some time and action by the stockholders will be but a formalitv. the directors, who are in control, hay ing definitely decided to make the change.
 The issue of $2Oo,0oo of preferred stock created five years ago is to be retired by the new issue and an addi- tional $100,00O in that stock will be put out It is not expected that the stock will be put on the market as the present stockholders will probab take advantage of the privilege of subscribing to the new issue It is to be seven per cent. stock, liable to re- tirement at the expiration of five years. Investors regard the stock as a good proposition and the extra shares will undou btedly be taken up without delay.
 The additional capital is to be used in development of the companys busi- ness. Plans for extension of it's lines are said to be in the works but no an- nouncement has been made concern ing their chara acter, the officers ex- blaming that they are still in en- byronic state.
 A. J. Sloper and Judge J. T. Cooper of New Britain, will probably be re- elected to represent the preferred stock on the board of directors. The common stock will again be repre- sented by J. H. Trumbull, s. s. Gwil- linn and c. w. Jones.
 The company is doing a good busl- ness at the present time and all its departments are running at top speed.
 Griffin Gets Counsel
 Attorney P. F. McDonough of New Britain, was retained yesterday to de- fend Burton s. Griffin against crim- inal charges brought by Mrs. Alice Gum, a sister of the accused. Griffin has decided to fight the allegations and the case gives promise of being one of the most sensational that has been tried in Plainville in long time.
 The hearing was to have been held Monday afternoon at 1 o'clock but on the request of Attorney McDonough' who is recovering from a recent ill., ness Grand Juror s. s. Gwillim agreed to postpone it until Thursday after noon.
 Mcdonald Child Dead.
 The four-years- old daughter of MT. and Mrs. Mcdonald of Hudson, N. Y., died this morning at the home of MT. and Mrs. A. J. Dame after an illness of a few days The little girl suf- fered from spinal meningitis and her case was declared to be hopeless from the start. With her parents the child had been visiting at the home of MT. Dame for some time.
 The remains will be taken to Hud- son tomorrow for interment. No Opposition Expected. Favorable action on the application of the board of selectmen for the ap- pointment of a conservator over Mrs. James Lloyd of Forestville avenue, is expected at the hearing to be held before Judge George R. Byington in the probate court Tuesday morning. The petition, it was said today, Will probably be unopposed.
 A few years ago relatives of the aged woman tried to have a cQnser- vator put over her but they were un- successful. They argued that she was giving away her money in such fa- shion that she would eventually be- copoo %ouvr, oI,oroo 11p1eaS fha co1Jrt