The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-05-03
nnh,n.,s 1a,s.r nn0llIAI
MARIlI, r.. c'~p jWN
HEADS TRUST co.
Wilmington Man Succeeds
Late A. 3. Clapp in LO-
cal Institution
TO HAVE INVESTMENT
OFFICE IN TOWN
c. A. BOyden Succeeds NJ. j. Moran as
Vice President-W. A. Shumway Is
Elected to Board of Directors - Mr..
Browns Wide Business Connections.

Vice President-W. A. Shumway Is
Elected to Board of Directors - Mr..
Browns Wide Business Connections.
Important changes in the officers of the
Brattleboro Trust Co were made at the
regular meeting of the directors to
day. when Martin \. Brown of Whining
ton was chosen president to succeed the
late Arthur B. Clapp and Charles A.
Boyden was made vice president in place
of NJ. J. Moran, resigned. W. A. Shum-
way was elected to the board of directors
to fill the vacancy caused by the death
of Mr.. Clapp.
That Mr.. Brown. who has been direc-
tor of the company since its organization,
intends to become more actively affiliated
with Brattleboro is indicated by the fact
that the Vermont Investment Co, Of
which he is president, has hired quarters
in the American building and viii open
an Office there in charge of his son, Roy
/ s. Brown.
! Mr. Brown is a native of Jacksonville
and IS A years old. He began his bust
ness career in that place as clerk in 9.
/ H. Shepardsons general store. after at
tending the Jacksonville schools. and for
five years remained with Mr.. Shepardson,
part of the time as travelling salesman.
He and his brother-in-iaw, William A.
I Brown, then established a mercantile
business in Jacksonville, and he became
identified with all the important enter
,prises there and in Wilmington. going to
the latter place as salesman and agent
for the Dperfield River Co. and the Will
mington Grain & Lumber Co, also as
general passenger agent fer the Hoosac
Tunnel < Wilmington Railroad Co.
The late John {. Newton made Mr..
Brown his confidential clerk. and after
Mr. Newtons death in 1899 Mr.. Brown
became treasurer of the Deerfield River
. Co. and treasurer of the Wilmington Grain
t& Lumber Co, and at the same time was
made general manager and treasurer OF
the HOoSac Tunnel & Wilmington rail-
road. retaining position as treasurer of
the North River Mfg. Co. of Jacksonville
lie had charge of the Office at Wilmington
of the Deerfeld River Co, which cut sew
eral million feet of logs each winter and
1 lin 1902 he and Moses Newton acquired
the interests of the late John c. Newton
in both the Deerfield River Co. and the
, railroad company, giving them the owner
Eship Of the former and controlling inter
, est in the latter. Mr.. Brown, although
but % years old, proved fully competent
! 70 carry the responsibilities of so great a
task, displaying exceptional ability.
In 1898. which was before he became
Z resident Of Wilmington, he was elected
: representative from Nottingham to the
! legislature. as a Democrat, and was the
= youngest member of the house.
! As Mr.. Browns large grasp of business
. affairs naturally led him into a wider
!, field of activity he gradually withdrew
= from the various activities above named,
and II years ago organized the Woodstock
Lumber Co. and about the same time he
: became connected with the Parker Young
\, Co, of both of which concerns he is now
e treasurer and general manager, witt
Offices at 131 State street. Boston. Forty
or more persons are on the office payroll
Of the two concerns.
- The Parker-Y Young Co. manufacture,
y paper pulp. and lumber for backs ot
pianos. while the Woodstock Lumber Co
/ manufactures dimension lumber for con
lStructiOn work. The Parker Young Go
does an annual business of $4,000, 900
while that Of the Woodstock Lumber Co
O. is S5,000,000. The companies own 300,00t
IT acres of land in 50 towns in Vermont
n and New Hampshire From 25000 00(
r to 30,O0O00O feet of lumber are sawed
.. annually at the mills in Beebe River. Y
in II. while for the two concerns the Bostoi
t office has handled as high as 100000 00(
ar feet of lumber in one year. They have fur
u niShed more airplane stock than all tn
ne other New England companies combined
I'd The main factories are located at Lin
ne coin, y. H, where the paper mill is turn
: ing out over 50 tons day; Beebe River
ne y. H., where a large dimension sawmil
Sc is located; Lisbon, y. H. Orleans. Vt
e two at HOquiam, Wash, and Mountain
Mills, VT, near Wilmington. the latte
e being a sulphate plant. The concern
u own three logging railroads, at LincOlH
~ Becbe River and Mountain Mills, and 8
IL portable mills.