Evening star., 1956-03-30
''s'' :s BUSINESS
Stockett-Fiske to Merqe
With M. S. CHM 8 Co.
BY DONALD B. HADLEY


The Stockett-Fiske Co., oldest
stationery firm in this area and
one of the oldest in the eastern
Seaboard, will be consolidated
with M. S. CHM & Co., effective
tomorrow. it was learned today.
The consolidation will result
from sale of the Stockett-Fiske
name. business and building to
the CHM company by Monroe
Stockett, grandson of the
founder, and the heirs of his two
brothers, the late w. E. Stockett
and Norman Stockett. Transfer
of the property at a price re-
ported to be around $500,000,
includes the Stockett Fiske
building of three floors and a
meZzanine at 919 E street NV.
The building will house general
Offices of the consolidated firm
which will operate under the
trade name of Ginn's Stockett-
Fiske.
Final papers were signed today
with Paul V. Rogers serving as
attorney for the Stockett families
and Seymour Sheriff of Gardiner,
Morrison and Rogers represent
ing the CHM company.
In addition to the building,
acquisition of the 70-year-old
Stockett Fiske business will
bring to the consolir~+ad firm
some of the finest ex ~ lines
of office supplies ant o. ipment.
1t also has a bindery which will
be expanded.
Thomas, Marshall Hold
Top Executive Places
Officers of M. S. CHM & Co.
will direct operations. John F.
Thomas is president and M. S.
Marshall is executive vice presi-
dent and treasurer. William B.
Everts, Ralph A. Murdock and
Robert w. Berrett are vice presi-
dents.
The CHM company has Office
supply stores at 1417 New York
avenue, NV, in the Ring Build
ing at Connecticut and M streets,
NV, and at 420 King street in
Alexandria, Va. 1t also has
warehouse at 472 L street, NV.
Each store operates as a sepa-
rate division and there are new
and used Office furniture divi-
slons as well as a Government
sales division. The Stockett-
Fiske store will become a sew
enth division and the bindery an
eighth.
Space formerly taken by gen.
eral offices on New York avenue
will be used for expanded Office
furniture displays. Inventories
will be moved from E street to
the warehouse to make way for
offices. Fernoy Wells, formerly
manager for Stockett- -Fiske, will
manage the E street store.
Expiration of leases to other
firms will clear space in the 40,-
000-square-foot warehouse for
additional inventories, but new
equipment will be required.
Stuekett-Fiske Founded
BY Father In 1886
Stockett-Fiske was founded by
William E. Stockett, sr., father
OF the Stockett brothers, in 1886.
Monroe Stockett, only survivor
Of the sons. has been pres
ident of the firm. but because of
Ill health has spent much time
in New Mexico. The firm has
occupied its present. building
since 1906.
Founded in 1929, M. S. CHM
& Co. was acquired in 1851 by
Mr.. Thomas and Mr.. Marshall.
They purchased control from
Hugh V. Keiser, former presi-
dent, and streamlined operations
from six to three stores. Volume
has climbed steadily.
Mr.. Thomas has had long
career in both Government and
private business. He has degrees
from the University Of Min
nesota and Harvard University
and in World War II was special
assistant. to Chairman Donald
M. Nelson and the War Produc-
ton Board. Later he was as
sistant director. Office of con-
tract settlement, executive Office
of the President, and was a
member of the Advisory Council
to the War Assets Administra-
ton Before coming here he was
with Sears. Roebuck, and served
as vice president of National
Epameling & Stamping. From
1948 to 1850 he was a partner
in Thomas-W -Woodlock, marketing
consultants.
Mr.. Marshall is a graduate
chemical engineer with a mas
ter's degree from Harvard School
OF Business Administration. He
was in the Army from 1941 to
1947 and later was with Coastal
Corp. anG its subsidiaries. Coasta!
Aviation and Coastal Interna-
tional. before acquiring his in
terest in the CHM company.