Norwich bulletin., 1922-12-29
PUTNAM

The Grosvenocdale company, operating mills at Grosvenordale and North Grosvenordale. has increased it's capital stock from $4OO. 900 to $2,oOO, 900, papers filed with the secretary of state at Hart ford show. This is taken as equivalent to declaring a stock dividend of $1,6o0.- 900, though up to Thursday the company had made no announcement relative to such a dividend. Papers filed with the secretary of state show that a majority of the board of directors of the company voted in favor of increasing the capital stock, those in favor being P. H. Gardner, A. w. Dimmick. G. M Congdon and Rose Anne Grosvenor.
 With the increased capital there will be 2o,o00 shares of a par value of $100 each.
 The Grosvenorda!e company is one of the most successful and old established cotton manufacturing concerns in this part of the state and has splendid plants tn the Grosvenordales which conmuni- ties are mainly dependent upon the big corporation for their prosperity. The company employs hundreds of hands and has a payroll that during the war years was in excess of $20, 900 week. ly. The concern is rounding out a pros- ! porous year of business and the increase in capital stock now being arranged is indicative of it's stability and great worth to this section of the state, Putnam being one of the communities that materially benefits from the payrolls of the concern. The stock of the company is closely he'd. there being no wide distribution of 1 it, as Is the case with many textile cor porations.
 In lieu of 8 real blizzard. the Weather l man supplied sufficiently satisfactory l imitation on Thursday. when this city i was pefted with a storm of sieet and 1 snow out of the northeast, the demon stration sufficiently violent to make ii rate as the most disagreeable weather of the winter. The storm drove all to cover l who were not forced to be out in it, and ! the business section was very dreary I throughout the day.
 Ice that formed on the rails threw
 trolley cars off their schedule and made It difficult for the crews to get the cars | over the line. The steam trains seemed to fare much better and. despite the
 storm. kept closer to schedule time dur. Ing the morning hours than has been the l ease much of the time when thore has 1 been no storm of late
 For the first time this winter the Con. nectscnt company was running it's snow l blows over the Putnam lines and usinr l salt and other devices for clearing the ] tracks on sharp curves and grades where
 the cars were meeting with particular diff.
 hculty in making progress
 As has been its practice. the state high.
 way department had it's blows covering the trunk line highways here throuHhotIi
 the day and motorists were generous iu 1 their praise Of the efforts of the depart. I l travel open. Indeed, notorl~s found the going comparatively good for them. ex. 1 cepting that the storm, driving sieet and
 snow on to the windshiclds, created ariv. Ing conditions wholly in control of the \ storm King and not to be remeiied tt any great extent by anything that hu.
 monity could do.
 M Thursdays storm rates as the most Sc
 were and trying of the winter. althousf
 up to ntghtfal the snow was not deeply
 covered with snow and sleet.
 N. Waldo Kennedy. forue~Ir pul.ltshe,
 Of newspaper in this city and now pro
 prietor of an inn at Eastford Is whoopin, thingY up in the Interest Of The Loyal Or
 der oE Moose at Birmingham. Ala, wher, Ia membership drive is on that is to con
 tinue through tho winter and is expActet
 to result in recruiting the fold to at leas 900. MT. Kennedy is district super visor and the personal representative il Birmingham of the general director c
 the ordce, James J. Davis, with whom h
 has been associated in organization worl
 for the past 12 years. and has brough thousands of members Into the Order e
 Morse. MT. Kennedy was instrumenta
 In adding 4.3lS new members to the lodg
 of the order in Norfolk. Va, and $500 t 1 Boston lodge.
 | On Thursday evening of last week M,
 Kennedy wss, ofEiciaIly welcomed b
 Birmingham :odge, which expects to hsv
 one Of the largest memberships in tn