Putnam patriot., 1925-05-15
ANNUAL BANQUET AND MEETING AT PUTNAM INN, MONDAY NIGHT, ATTENDED BY FIFTY-NlNE
 MEMBERs.-SECRETARYS REPORT READ
Officers Members and Citizens Urged Cooperate to Assure
 Future Accomplishment of Organization

On recommendation of the nominat- ling committee, George L. Padgett. chairman, Thomas H. deCoudres was elected president of the Chamber Of | Commerce at the annual meeting and banquet of the organization at the Putnam Inn. Monday evening. Other officers elected were as follows. First vice president. E. C. Rogers; second vice president, Charles 4 Richard ; third vice president, Otto F.. Wulf ; treasurer. C. 4 Boyee; directors, r. F. Russell. Willis Carroll. Walter N.
 King, Louis E. Law, Alexander Gil- man C. A. Boyee, Arthur F. Smith, and Charles seder. All of the officers were elected by exclamation.
 in putting in nomination the name laf Mr Gilman ta be q director # was voted that he be made director in depreciation of q year Df efficient ser eice as president
 Requests Cooperation
 Mr Gilman said that it was custom lary for the retiring president to make q few recommendations to the board of directors. but that he had but one se. eommendation to make and that was, a request of the directors, also the members and all citizens of Putnam, to work with the president, to support him at all times and to cooperate with | the president and the officers. If any thing comes up under these conditions it will be accomplished. This IS the only way to get results" said the re-. tiring president "l will now turn the meeting over to my successor, and wish him the best of success" con cluded Mir. Gilman.
 Putnam Going Ahead 1 President deCoudres said that if went without saying that he appreci- ated the honor. He said that he was told by a man. not a citizen of this city. that an official of Putnam. when asked about his home town, replied 1t is dead it is no good Presid nt IdeCoudrea said that Putnam is not dead Putnam Is going ahead. He
 pointed out such industries as the
 Bean Pin Factory the Powdrcil <
 Alexander Company, the khea Com puny. the Waterman Norsted Com tpauY. the Putnam Neelen Company the Strougmau Perkins Company. the
 Adams Manufacturing Company. the
 II. k. Il Company the Putnam toun ldry. and others. all operating. and
 then asked "ls Putnam dead Putnam l. net dead he said "it is going ahead and II will go farther fl the citizens viii get baek of the Cham
 ber of Commerce and help push 1t far ther9
 I he following resolution was passed
 Resolved hat the congratulations I5f thc Chamber of Commerce be ex.
 tend q to l. C. Rogers and thc city ai Putnam on Mr. Rogers rcsuming th,
 management of the Inn.
 Campaign For Membership
 Nf Pa ieett recommended that step.
 he taken for thorough and systematic
 canvass of the city for new members
 1 rising vote of thanks was givef
 the speaker of the evening before tn, meeting ad burned
 Ihofe were iifty=aiue at the ban 1 quet. which was served in the mar l d ming room. The oflicers and speaker were seated at long table in the east end ot the rnom. and the members al l the smaller tables on the sides 4 i'm, upper of roast chicken was served Talks on Credit Alfred C Moreau of the Hartford | Credit Rating Bureau was the speak CT of the evening His talk was oi especial interest Co the merchant mem bers of the Chamber. and he stressed the importance of the credit manager m any store.
 In deciding upon allowing cus toner credit the speaker sad 'ther, Rre three things to ider Can the applicant for credit pay Will he pay Can he be made Co pay? He then went into an aHalizaiion ot these three factors that enter into th prob lem of q cred risk.
 He also pointed out tbai a poor credit risk is a Ind thnf for tbe tore. keeper and for his store store oi easy credit becomes known as surh and the faci that one can ect credit thera is not an advert emrnt fa. the ostahhs shment \ lso. man Rhe owes an overdue hiil is qalfl apt to pass by he store wherv th credit ha been l extended in fear that the subject wit l be broached if he enters, His husiu sY | therefore Is diverted Co other stores
 where he may he given credit or may pay cash.
 Mr Moreau Toiut d out the advan
 tages of credit rating bureau ant
 urged | as ii measure for which tht
 Chamber of Cumme Tee should work.
 The report of the secretary wa,
 read following Mir Moreau's talk. ant
 was as follows
 4 Seeretary's Report ru the President, Officers. and Mem I tcrs of fhe Putnam Chamber oi Commerce
 h submitting his annual report 2 ssar= seeretary is considerably handi caHr5d H that he has held the office of seer tary only Siuee November Wha frarspired previous e. November u a r0En Co hm only hy hearsaN l. has [ nal bern customary te record in detai hH accomplishments ei the Chamber EatHer f gloi works are allowed t, speak flr thems lHe~ in this sii8a teH ir which vour secretary finds hlm t i is useless O attempt to chron cie the events of the year tn chron 1 logical order Doubtless some of Vol Z maA uote omissions in regard to som el the things that have been under taken lf this be so. l hope that i
 may he called to the attention of th,
 meeting
 The outstanding event of the vaar and ii is impossible Co record the han as..fs assa.s eF sE man. k.