Norwich Bulletin Newspaper, September 19, 1912, Page 8

NORWICH BULLETIN, THURSDAY, SEPTEMBER .19, 1912 NEW PRESIDENT FOR g M'CRUM-HOWELL COMPANY. F. W. Moore of Utica to Head Reor- ganized Company—$5,000,000 Capi- talization. / . F. W. Moore of Utica, treasurer of the International Heater company, has been engaged to become president of McCrum-Howell cmh”{;he!n d:t is fully reorganized. A 1 of rec- tors, including bankers, will be elected to insure the conservation of the as- sets and the proper conduct of thz company’s financial affairs, says the Chicago Tribune. / Underwriting for the reorganization has been completed and signed up by a New York banking firm. The for- mal announcement probably will be made in a few days. Indebtedness of the company stands roundly as fol- lows: Bank creditors .. < e ane < $2,000,000 Other creditors . eesss 500,000 BOtAL' . ..wsveonesossssses= $3;500,000 May Take Cash or Stock. To deal with this indebtedness the plan will offer two al- ternatives. The creditors may either take 25 per cent. In cash for the amount of their claims, or 26 per cent. in new preferred and 75 per cent. in new common stock for the par value of_their notes and bills. It appears, further, that L. G. Mc- Crum, president of the wrecked com- pany, and George D. Howell have ‘pledged certain of their personal prop- as eollateral notes to the amount of “sbout $200,000, which they indi- vidoally indorsed. They have depos- ited the collateral with the First Na- tional bank of Pittsburg under a trus- teeship. This collateral will be avail- mble for the note indebtedness, and ‘will amount to approximately 8 cents on the dollar. About 90 per cent. of the claims against the company are now controlled by the creditors’ com- #0 that there is no doubt about the plan being carried out. Notices shortly will be sent to creditors offi- ofslly making to them the offers as outlined. Cavlu'lle.!on of the new company; as. reported yesterday, will be as fol- lows: Preferred stock, 7 per cent. $1,500,000 Common StoCK .......cce.. 8,600,000 Total .... . $5,000,000 * Disposition of Stock. Muu all the creditors elect to take new securities, as it is believed they will, the disposition of the stocks will work out about as follows: Preferred Stock. $650,000 850,000 Total ..uvirvrseesnanennnas $1,500,000 25 per cent. of claims...... Remaining for underwriters Stock. 78 per cent. of claims...... $1,950,000 Bonus to subscribers . 850,000 Total ... .- $2,700,000 Leaving for various purposes $700,- 000 common stock. The underwriting syndicate has un- derwritten the entire issue. Stock- Bolders in the old McCrum-Howell eompany will be given opportunities to subscribe to the $850,000 preferred stock, from the proceeds of the sale of which will be furnished working capital. This stock will ve offered to the subscribers at a price below par, and will carry with it 160 per cent. in mew common stock. Net Earnings $200,000. What is sajd to be a conservative estimate of the earnings of the com- y_is $200,000 net per annum. It believed, however, that no certainty can attach to this figure. The amount named, however, would leave a: con- siderable margin over preferred divi- dend requirements, the latter being $105,000 a year. The estimate, there- fore, will bear considerable pruning and still leave the preferred dividend earned. The underwriting syndicate has been arranged for by A. H. Wiggin, chair- man of the creditors’ committee and president of the Chase National bank of New York. An underwriting deal _which was to have been closed about Aug, 15 fell through and the new | syndicate has since been organized. DONATED HIGH SCHOOL AT NORTH GROSVENORDALE. Joseph Francis Tourtellotte, at Age of 85, Dies at His Minneapolis Home. (Special to The Bulletin.) Joseph Francis Tourtellotte, donor of the $150,000 high school of North -~ Grosyenordale is dead at his home in Minneapolis, Minn., following a few ‘weeks iliness. Death was due to dis- ease brought on by old age and gen- eral disability. He was 85. Mr. and Mrs. Tourtellotte were former resi- dents of Thompson and they spent their summers in that town where they took a pergonal interest in public af- falpe. In 1909 Mr. Tourtellette in Jmemory of his daughters Harriet and Francis, made the town of Thompson :-T!t of $150,000 for a public memo- high school, which was completed that year. Mr. Tourtellotte also left am endowment to the institution and has visited the buildings frequently apd has made additional gifts to the school. Several months ago he had grounds for the benefit of the public. The building {8 a large massive affair of marble and brick, and occupies a commandview over North Grosvenor- dale, overlooking the village. Mrs. T survives him and an elab- orate, ge in his memory will be held " 8 night, October 6. COUNTY UNIONS SEND 42 W. C, T. U. DELEGATES. (Continued from national W. C. T. U. convention at Portland, Ore., this year, the union is to bear part of the expense oi the Hartford county delegate, and on her return she will give a report of her trip to this county organization. A !Mew brief remarks were given by Rev. 7. R Rev. W. 8. Macintyre Spoke. Ag Mrs, C. B. Buell was unable to be present, the principal address of the afternoon was by Rev. W. S. MacIn- tyre of Hartford, who urged the ne- cessity of uniting to fight the liquor forces. The 195,000 men engaged in the lignor business are banded to- gether to protect and promote their interests, and in order to successfully cope with thess forces we, too, must unite. They are not in business to ruin homes, but to make money. If in ing money they do ruin homes we must do away with their business. Rev. Mr. Macintyre spoke of the fact that a geat many big concerns refuse to employ any but total abstainers. The late Bishop Tierney and the pres- ent Catholic bishop have done a great work, said the minister, in pledginz the young .eopla to total abstinence to the aga of 21 or 25. This is going to have its effsct on the coming genera- tion of Catholics. Other denomina- tions would do well to follow the course takepn by the Catholics. If the 35 million Christians of all denomina- tions would unite as closely in thetr fight against the liquor traffic as the (Catholics have done there would be no question as to the result of the battle, An entertaining solo, His Hye is on the Sparrow, was given by Rew, me Greer, and the mesting closed 1 the W, G, P, T, benediction, For musjcal numbers on mme Miss Mabel Buckingham pre. sided at the piano, age Seven.) ——— After an {llpess which hag kept him away from Ms duties for a mumber af weekg, Ldbrariap Josathan Trumbaf! of the Otis library was abls to be dewn tewn for a few hours Wednes. ROGLER & SHANLEY Modern Sanitary Plumbing in all branches. Heating, Steam and Gas Fittings and Sheet M.tal. Work, Personal Supervision. Satisfaction Guaranteed. Estimates Solicited. Telephone. 483 Main St. COMBIES SIGN WORKS SIGNS frinted Anywhere 13 Bath St., Norwich Attention, Farmers ! ‘We will pay spot cash for Beef Cat- tle, Calves and Pquliry. Telenhone or call and we will respond promp.J. HERTZ BROS., 26-28 North Thames St. WHEN YOU NEED anything in Groceries, Can Goods, Confectionery or Temperance Drinks drop in to the little store of MRS. M. LEION, 100 Thames St. Headquarters for Cigars and Smokers’ Articles "~ F. D. BRIGGS LIVERY AND FEED STABLE Furniture and Plano Moving, Heavy Teaming and Trucking. Rear of Junction House PLAINFIELD I Have For Sale A Property which consists of a two story house 30x40 feet, barn 20x30 feet two woodsheds and one acre of land. I also have a piece of land suitable for a livery stable which I will lease. WM. P. BABCOCK, PLAINFIELD. At My New Stable I am now ready to receive your order for carriages and hack service. Team- ing and trucking of all kinds. Special attention given to commercial trade. Remember my new locatign, next to Catholic church, A. E. RAVENELLE, Dealer in Coal and Wood. Over Preston Bridge JOHN A. WALTZ, 425 Main Street ‘When you want a good business wagon made, see him. He makes sin- gle and double dump carts and trucks, puts on rubber tires and does general repairing and horse shoeing. Sawing and Planing Mill. Farmers, Attention ! We pay the highest cash price for dressed hogs. You should deal direct with us_and save the middleman's profit. We make a specialty of buying and salting down pork. No shipment too large for us to handle. M. ROZYCKI, Grocery and Market, 465 N, Main St Coca=-Cola ORANGE-ADE BELFAST GINGER ALE CRYSTAL SPRING BOTTLING CoO, East Side. Tel. 5% ALDEN B. NICKERSON takes contracts for Painting and Decorating. WHY NOT TRY HIM ? 44 Perkins Avenue, Phone 27-6 Baltic Norwich IF YOU DEMAND the best, watch our wagons. Talls Bros.’ Ice Cream guaranteed the purest on the market, wholeésale and retail. Full line of Fruits and Confection- ery. 197 North Main St. TALIS BROS. SHERWOOD B. POTTER Dealer In Groceries, Provisions, and Qrain. 408 to 414 Main Street Telephone. DID YOU KNOW that Geo. W. Harris made a specialty of putting on Rubber Tires? Well, he does, and he uses the Goodyear Wing Tires, the easiest riding, longest last- ing, molid rubber tire made. When you need anything in this line see GEO. W. HARRIS, 354 West Main Street. Carriage and Wagon Builder. Let Us Give You An Estimate On Anything In Our Line Metal Cornices, Metal Skylights, Metal Shingles, Metal Ceilings, Gut- ters and Conductors, Ventilating and Blower Pipes, Tile, Slate, Metal, Gravel, Paroid and Rubber Roofing. We can send you expert mechanics to do your repairing. Give us a . trial ‘We know we can satisfy you. Phone or send postal. JOHN O. JOHNSON, 20 Central Ave., Norwich, Ct. Telephone. Meats, Flour RICH & RUBIN, 204 West Main Street, Proprietors of the New York Mineral Water Co. Bottlers of all kinds of Bodas, Iron Brew and Celery Tonic. Telephone 738-12 A GOOD DINNER for 25 cents O. L. BROWN 58 Shetucket St. a nobby little Suit for the BOY this Fall? We’ve got the best Suit made to retail at - $5.00 They are made full peg knickers — EXTRA HEAVY gray and navy blue and guar- anteed to give entire satisfac- CHARON'S SPECIAL FOR A FEW' DAYS ONLY Baby Carriages - at greatly reduced prices A. PION, Hunters Avenue, Taftville Full line of Ho Furnishing Goods. New Home Sewing Machines. PLUMBING Plumbing as it should be done, is the kind I do—open, every joint tight, san- itary, latest style plumbing. 2 Steam and Gas Fitting, Cornice Work, Skylights, Gutters, Etc. Tin and Slate Roofing. . - % Let us estimate on your work. GEORGE DEPATHY, Roderick Building, Baltic ’ Telephone Best Goods — Lowest Prices A Full Line of GENERAL . MERCHANDISE " Awaits You In BALTIC'S LARGEST STORE ROOD & CHAPMAN, Props. (roceries —AND— Provisions A full and complete assortment at all times. Also a large stock of 5¢, 10c and 25¢ variety goods. Shetucket Cash Store GORDON BROS. Telephone. BALTIC, CONN. LOOK HERE ! Would you like a stylish SUIT OF CLOTHES bullt to your measure at a price no greater than you pay for an ordinary ready made suit? If you do, you had better see me right away, for I can sell you just such a suit and guarantee it will sat- isfy you in every way. EDWARD ADAMS, Taftville Full line of Boots, Shoes and Gents’ Furnishings. We are headquarters 'BULLETIN -POINTERS What To Buy and Where To Buy What About [Housekeepers: Come to H 1 for your BOLE ' THER SHOB )'INDING!.LEA - H.' A, HEEBNER, 30 Water ‘Straet. Telephona. Wholesile and Retail ‘The H. Blackledge & Co. Contractors and Builders, Painters and Decorators. Agents for: Colonial Paint. Just ‘stop and think ‘how we can assist you this hot weather by doing your Wet Wash. Dealers in Lumber, Shingln,‘ Paper Hangings, Paint, Oils and Glass. Norwich Steam Laundry, 25 Seventh Street. MR, MR R o 193 Franklin St 148 Main Strest,. Nerwich Telephone connection. Telephone 424-4 CHOICE N 0 T l c E The 'qwono':'z'ghlinp BASS J & and BLUE . Danielson-Ljungholm Poms BROS. ow you can reduce the cos ) ; m‘ Hvlilns i!yyou place :our ot:ier wl‘:hot Commy ] T"""‘”" 1“‘—"7 W.E J Ones Artist Tailors |2/%a~ Hoadguaper e f e 4 65 Broadway, Norwich, Conn. |, 5! ' THE CASH GROCERY, 14 Maple St. Tel. Connection SUTSMADETOORDER From choice line of Woolens for Fall and Winter. at $15, $18, $20, $22, $25 Correct style and perfect fit guaranteed. First-class Steam Cleaning, Pressing and Repairing a specialty. HENRY KING, Room 10, © 35 Shetucket St. Bill Block. Tel. connection. BOILED HAMS Telephone. Opp. Y. M. C. A WE ARE HEADQUARTERS FOR CONKEY’S REMEDIES CONKEY’S FLY KNOCKER Protects your stock from flles and makes milking a pleasure. CONKEY’S STOCK, TONIC Puts life inte your stoc CONKEY’S LICE LIQUID e mfiid‘ your Poultry House of all ver- CONKEY’S DOG REMEDIES Ranks as the best on the market to- day. We carry a full line of these Remedies. d €. 'W. HILL. & SON, juni3Th 147 Franklin Street CHIROPODY Dry and Wet Shampooing, HACK, LIVERY, BOARDING AN! FEEDING STABLE {127 Franklin Strest Particuldr sttention giyen to Gen- . TeL 10 tlemen's Driving ring of -surgf Something to cut up for lunch and @ M.nicuring, ‘t’y. Fom- serve celd during the warm weather. e s A Nothing seems to fill the bill like our Scalp Massage. Boiled Ham. We are serving a great many people in town. If you are not one of them you are missing some- thing. Agent for Scheffler's Hair Colorine. Switches made from combings, also a nice line of Switches for sale. Sample line of Shirt Walsts. Remember we are Cigars and .8 'MRS. R. THUMM, Katherine Lanz, Chojee e of Roem 22 Shannon Bulilding in pulk ‘and in 73 Franklin Street | Take elevator. _ jungeTh | Water MRS. SARAH H & “fi v ‘ K HOW ARE YOU FIXED Fine Hair Goods o0 6 I e NIRRT T Py : e AS USUAL, WE MAKE THEM. GRA]NS, FEED, FLOUR hoI'WBVIvgg, !&nnm.la‘ing, . 4 s | * AND HAY? g A W s L Are you satisfied with the quality and ~ sto, Made to Order from 1 = i Combings. Nrs. T. 8. UNDERWOOD | Chiropodist 51 BRQADWAY Telephone 553-4 C. E. WRIGHT," 8 Cove St,, BOTTLER OF FINE FLAVORED BODAS, NARRAGANSETT ALE AND price you are getting? If not let us send you a trial 3 A. R. 'MANNING, at the Mill, Yantio DR. RAYMOND COUTURE Dental Surgeon for GROCERIDS, FRUITS and PROVISIONS.. 3 3 Best place in the city. Telephone. . 336 Franklin Mn‘ 52 Providence Street, Tages. : 8 ET William Blackburn Taftville, Conn. LEWIS? lheklmi&hi'n!.; v::’i Woed and ours, a. m. . . e v v 3 :un:lyl, 1: ot: :. o l C E C R E A M Machine For.&u a speciaity, Telephone connection. - 21 Myers Alley 115 Myers Al Nerwich. | | A Little Out of the Way— But It Pays to Walk| 1 Have Had More Work | ! o MARY P. CLAPD | |E-alebite ctatse, ol PRESCRIPTION : you *have ‘been ' hetter satisfied if does careful Stamping. Special sale of Stamped Linens at very low prices GEORGE F.'ADAMS, superiority of my 'work. Wouldn't you had’ let me do your work? hl B PHARMACY Go;d‘ to:d in the VzV;man': E{chlnzu. clrri-n;7 ;::v fiAm_, Painter, % elephone. Maln Street: A - has removed to his new store P , in the Post Office Building, Frank P. Flaherty HACK, LIVERY, BOARDING AND COUPE STABLE 21 Willow Street, Norwich, Cenn. Telephone connection , Baltic. There’s a Charm In Our If you want the best ICE CREAM for Confectionery, Ice Cream and Soda M l L L l N E R Y made in Norwich; go to the 11 i Water. We carry a complete line of 3 or [ Stationery and Souvenir Postcards, ll'ld why ? Cry'hl Confe_ctlonery St 5.31" Zfl nfi.: J. F. WGUIRE, 263 Main Street superiority. ' Because we keep in touch with, the G. D. JOHNSON, Prop. fashion centers and put a touch of 25¢ a quart is the special price for Iy4Th Baltie. Brown, bW, * Baltie style into your hats that will please you. Every hat displayed here is bright, fresh and stylish, which ap- every Tuesday Crown Confectionery * The Old Baltic Hotel John F. Delaney, Prop. peal§ to every woman of fashi / MM‘ ! Full line of High élan Liquors, 5 a,‘ 5 md lce cm Store 2 Wines, Ales, Lagers and Cigars. ] Mlle. M. E. Auclair, 255 Central Ave. FINN BLOCK, JEWETT CITY automobile parties stop here. Special ! Office Hours Daily rates to commercial men. Milliner Bllfic J. A. JOHNSON, Prop. from 10 a; m. & Py 1 Iyt BALTIC. First-class goods sold at the very Sundays 1 te: 4 p. m. lowest prices. . MILLINERY 2 Thos. J . Burke We belleve in fitting hats to heads A FEW SPECIALS C.s. FA]RC,L‘OUGH . and faces, not in fitting heads to we are offering this week. A ~ o e hats, so we are careful always to J. C. Marsan Baking- Powder, 25c t\Thunuvdle Lwery ll'ld Feed Stable h‘:va a large varlety of styles and Ib.; 4 pkgs. (1000 sgset!; Tojl.et : Gentlemen's Driving Horses, Teams Fiabes Edper 3to; 8 Lecil e"n,,;m s'fifi;, is the P““ to b“y' for all occasions. HIGH STREET, BALTIC We Want Everybody to know that we sell Furniture at the lowest possible prices. At the present time we are showing a complete line of White Enamel Beds at prices that ought to sell them at a glance, We also are showing an excellent line of Fibre Mattings, Carpets, Rugs and Mutiresses of ull kinds, No one can sell better goeds or at lewer prices. All we ask 18 to have you call and see the goueds. F. H. & F. W. Tillinghast Central Village Alse Funeral Direetors. Branch at Jewett City in charge of A. J. Tinker. best Tub Butter 33c Leather 45c 1b.; and many other ' PRICES ARE RIGHT, equally g(:'odcba"rgalns. . ARSAN, * Tattville SRy T No. 17 Chestmit Street Wwill r?nir your AUTO TUBES and CASINGS and de it right at garage’ prices. 'K.'8. Tjn‘c for sale MARGARET E. BURKE, Shannon Building Hunter’s Avenue, SALE STABLE I have at thie time a lot of goed Horses and a number of Carriages, both new and second-hand, that will be sold &t very attraetive prices, and If you Intend to purchase either with- in a short time it will be te your ad- You can find most any- thing you want at A. B. Main’s, 219 to 225 Central Avenue. vantage to eall now and see them. M. A. BARBER, Machinist and’ Engineer. HENRI'S CRISPETTS I also do light and heavy teaming, Wholesale and Retall jebbing and expressing. at . " FRANK C. TILLINGHAST 603 North Main Street. Steam' Engine Repairs. Central Village Phene 583 25 Chastaut Stuset wh o i - - 1 §