The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1922-04-08
VI. R. MATTISON
!, n, Y, \, + VERMONT
NOVELTY COMPANY
New Corporation Has Completed
Organization
CAPITAL STOCK OF $4,000
Company in Possession of Re-
Gently Purchased Property
on Park Street
CAPITAL STOCK OF $4,000

The incorporators of the Vermont
Novelty company, new manufactur
ing corporation that has acquired the
pottery plant on Park street met
Friday at the office of Holden & Healy
and completed its organization.
The officers elected are, President,
Walter r. Mattson Of Bennington;
yice-presdent, Henry n. Carlson Of
jamestown, n. Y; secretary-treasur-
er, Charles w, Thompson OF Benning-
ton; superintendent, Herbert G. Pike
of Bennington. The officers with
Edward II. Holden of Bennington
constitute the board of directors.
The company Is capitalized for $780,
900, of which $685. 900 is common stock
and $4,000 7 per cent cumulative pre-
ferred
The company has already taken
possession Of the pottery property
and on Monday will begin making
the necessary changes to meet the
requirements of the new business.
The plant, when remodeled will be
admirably suited for the purposes for
which it has been acquired. AS stat
ed in a previous article in the Ban
lner, t.,e buildings consist of a sub
stantial twO-story brick structure
providing 1900 floor space and
larC, storage shed. There is ample
yard room and water power with 35
horse capacity.
Located near the center OF the vii
lage and practically at the source Of
the lumber supply adjacent in the
mountains, the new corporation is
apparently ideally situated to pro-
duce its contemplated line of mer-
chandise. As the plant viii employ
men almost exclusively II is destined
to create desired addition to the in
dustrial life of Bennington.
Walter r. Mattison, president of
the company has heen with the II.
It. Cushman company of North Ben
nington for years in the capacity of
secretary and representative in the
companys eastern territory. He
has practically spent his life in the
business ard Is therefore qualified
For the position he will occupy with
the new enterprise.
Henry n. Carlson, vice-president,
has been In the furniture business
for years. in various capacities, re-
Ia ]. wholesale and manufacturing.
He Is at present connected with the
Union Furniture company watch op-
crates one Of Jamestown's largest
factories. He will market the pro.
duct of the Vermont Novelty COM
pany IN conjunction with Mr. Matti-
SON
Charles W. Thompson is we'll
known in this community and pos
sesses experience and knowledge re.
quired In the new business. For sew.
eral years he has been purchasing
agent for the Cushman company and
has been actively identified in the
developing of new lines.
Herbert c. Pike has lived in Ben
nington for about a year and has
been in charge of the Cushman com.
pany lumber yard and sawmill. Pre-
viously he operated a large plant in
Maine for the late ex-Gov. George II.
Prouty lie is a practical and exper.
fenced mill man and will have charge
Of plant operations.
All OF the officers will be actively
interested in the business and be.
cause of experience and former as
soc!at!ons it is apparent that they
are launching the new enterprise un-
der favorable auspices.
incidentally, it has been learned
that the corporation received fiat.
tering offer to locate its factory in
anot1er community A factory was
offered with certain amount of fl.
nancial backing, Through the in.
iluence of some public spirited citi-
zens Of Bennington. and because of
home town loyalty, the site here was
given the preference