Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1921-03-16
REORGANIZE WITH
100000 CAPITAL
True & Blanchard Co., Hardware
Dealers, File Articles of
Incorporation

The True & Blanchard Co., one OF
the leading hardware dealers in the
! State of Vermont, and has been doing
business in Newport for the past
thirty-six years, was reorganized
Wednesday, March 9th and articles
of incorporation have been filed in
the office of the Secretary of State.
The reorganization will not bring
about any material change in the
business of the company. It will be
known by the same name with the
exception of the adding of the word
incorporation.
The company is capitalized for
100000 and will take over the real
estate and business under the new
organization April first.
The following officers have been
elected, w. w. True, the only surviv-
ing partner of the former company
will serve as president. Carroll
Huntington, for many years a sue
cessful Newport druggists, but of late
has been in the employ of this firm,
is to be the vice-president. Charles
G.. Taylor, now of St. Adams and
deputy collector of customs, is to as
sumo the office of clerk and treasurer,
and will move to Newport in the near
future to take his new work.
The directors are, w. w. True, Car
roll Huntington, Charles G. Taylor,
J. E. McCarten and Walter H. Cleary.
Mr.. McCarten is president of the
National Bank of Newport, and Mr..
Cleary is one of Viewpoints hustling
attorneys.
The history of the True & Blan-
o1 or,I hue I0% Loo T.. T.
year 1874, when w. w. True a lad of
22 years of age, born on Coventry
street, opened tin shop at No. 1, then
called "Rag Alley" now known as
North Avenue. The shop was
about 20 by 80 feet with shed at
tached to the end of a barn. The
value of stock in trade which consisted
of coil of lead pipe, few pumps and
three of four stoves, was about 5000.
Newport at that time was little
country village. had no water system
no sewers, no electrical lights, no tel
ephones, no plate glass, no furnaces,
no boilers, no plumbing, no cement
walks, no court house, no post office
building, no bicycles, no autos. no
motor boats, no express delivery no
mail delivery, and two men doing the
work at the railroad station.
No industry could have been born
on a much smaller capital, but it grew
and grew, and in the year 1886 an
other boy sought to enter the business.
This was E. G.. Blanchard, and it
known as the True & Blanchard Co.
Three years later with more concen-
tration and more determination, the
firm purchased of Gilman w. Pratt,
the present building, and the firm
started a regular hardware trade.
They continual on in this way for eight
years, at the expectation of which
j. r. Akin entered the firm.
was in 1906, when E. c.. Blanchard
withdrew from the firm, and May
nard Skinner came in, but six years
later withdrew to manage a large
business in Bingham, Me. Other
changes that have taken place on it's
road of progress was the purchase
and selling of the Rock Island Hard
ware Co. The purchase of the jew
elery business, which was thoroughly
established and later sold. The err
rection of a fire proof garage in 1918.
The organizing of the Monarch
Evaporation Co. in 1914, and previous
to the selling of same to the Yer
mont Farm Machine Co., of Bellows
Falls in 1919, built up an extensive
business in the manufacturing of
sugar rigs and supplies.
Every year the business of the firm
has continually grown and is recog-
nized as one Of the best known and
most successful hardware stores in
New England.
The reorganizing and taking into the
company the above named Newport
business and professional men with
w. w. True as president, will add
business.