USA > Connecticut > New Haven County > Waterbury > History of Waterbury and the Naugatuck Valley, Connecticut, Volume I > Part 21
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In 1892 the directors of the bank were Edward L. Frisbie, F. J. Kingsbury, N. J. Welton, J. W. Smith, George E. Terry, F. L. Curtiss, A. S. Chase, E. D. Steele and J. M. Burrall. In 1917 all of these men are dead except Mr. Terry.
During the period from 1892 to 1917, Edward T. Root became a director, and died in 1910. Charles E. Lamb, who was long associated with the bank as teller. was also a director, and died in 1906. Mention should also be made of Frederick B. Merriman, who faithfully served the bank as teller and bookkeeper for many years and died in 1913.
The present officers and directors are: George E. Terry, president ; Robert F. Griggs, vice president ; Edwin S. Hunt, secretary and treasurer; Almon B. Dayton, assistant treasurer; directors, George E. Terry, James S. Elton, Henry A. Hoadley. Henry L. Rowland, Robert F. Griggs, John P. Kellogg, John H. Goss, John A. Coe, and Edwin S. Hunt.
The bank has done business in the same place, on the corner of North and West Main streets, during the sixty-seven years of existence. In 1896 it erected the present handsome Waterbury Savings Bank Building. The banking rooms were re-arranged and greatly improved in 1915. During all of its existence the savings bank has had the Citizens National Bank as a tenant, the two banks hav- ing been founded by Mr. Kingsbury and somewhat closely associated during the
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WATERBURY AND THE NAUGATUCK VALLEY
earlier part of the period. They still occupy quarters in the same building, though their management is now entirely distinct and separate.
THE DIME SAVINGS BANK OF WATERBURY
The Dime Savings Bank of Waterbury received its charter from the General Assembly at the May session in 1870.
The incorporators were: Guernsey S. Parsons, Henry Merriman, Henry C. Griggs, Robert Crane, Douglas F. Maltby, Robert K. Brown, Elisha Leaven- worth, Thomas C. Morton, Owen B. King, Charles A. Warren, Caleb T. Hickcox, Francis Spencer, Alonson J. Pickett, and John H. Whittemore.
On July 6, 1870, Elisha Leavenworth was elected president; Robert Crane, Thomas C. Morton and Henry C. Griggs, vice presidents; Guernsey S. Parsons, secretary and treasurer, with the following trustees, Guernsey S. Parsons, Henry C. Griggs, Douglas F. Maltby, Elisha Leavenworth, Owen B. King, Caleb T. Hickcox, Theodore I. Driggs, John W. Smith, Henry Merriman, Robert Crane, Robert K. Brown, Thomas C. Morton, Charles A. Warren, Francis Spencer, Isaac E. Newton, Charles W. Gillette, Samuel S. Robinson.
The first location of the bank was at I Central Row, later moving to what is now known as 30-34 North Main Street. In 1894 the bank purchased the P. B. Norton property, at the corner of North Main Street and Abbott Avenue, which it has used as a banking house since then.
The following is a complete list of the trustees to date :
Elisha Leavenworth,
Julius Bronson,
Otis S. Northrop, Edward T. Root,
Douglas F. Maltby,
John H. Nettleton,
Henry C. Griggs,
George F. Perry, Mark L. Sperry,
Thomas C. Morton,
George B. Pierpont, William E. Fulton,
Charles W. Gillette,
Meritt Heminway,
John P. Elton,
Isaac E. Newton, Arthur O. Shepardson, George Prichard,
Gilman C. Hill, Ralph N. Blakeslee,
Guernsey S. Parsons,
Edwin U. Lathrop,
Frank B. Buck,
Samuel S. Robinson.
Edward T. Turner,
J. Hobart Bronson,
William Brown, Theodore I. Driggs,
Buell Heminway.
Robert K. Brown,
Henry H. Peck,
John W. Smith,
Edward L. Frisbie, James Brown,
Francis Spencer.
Henry Merriman,
Edward C. Lewis,
Robert Crane,
Owen B. King,
Charles A. Warren,
Caleb T. Hickcox.
Joseph H. Dudley, Edward M. Burrall, George R. Baldwin, Leman W. Cutler,
Harris Whittemore, William B. Merriman, Darragh DeLancey.
The present officers and trustees are as follows: President, Henry H. Peck ; vice presidents, John P. Elton, Arthur O. Shepardson, Mark L. Sperry ; con- troller, Otis S. Northrop; secretary and treasurer, Edwin C. Northrop ; assistant treasurer, Richard Preusser ; trustees, J. Hobart Bronson, John Booth Burrall. Darragh DeLancey, John P. Elton, William E. Fulton, Gilman C. Hill, Arthur R. Kimball, Edwin C. Northrop, Otis S. Northrop, Henry H. Peck. Arthur O. Shepardson, Archer J. Smith, Mark L. Sperry. Harris Whittemore.
Norman D. Granniss,
George L. White, Edwin C. Northrop, John Booth Burrall, Arthur Reed Kimball, Archer J. Smith,
Frederick A. Spencer,
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WATERBURY AND THE NAUGATUCK VALLEY
1
On October 1, 1880, the deposits were $671,557.48.
On October 1, 1890, the deposits were $1,948,785.81, and the total number of depositors 8,234.
On October 1, 1900, the deposits were $3,294,287.63, and the total number of depositors 11,678.
On October 1, 1910, the deposits were $5,325,025.47, and the total number of depositors 17,236.
On October 1, 1916, the deposits were $7,107,324.24, and the total number of depositors 19,45I.
In the year ending October 1, 1916, this bank showed its largest increase for any one year, the deposits increasing $1,117,515.83, and an increase of 2,286 depositors.
MANUFACTURERS NATIONAL BANK
On the 5th of October, 1880, a meeting was held for the purpose of organiz- ing the Manufacturers National Bank of Waterbury, for which a certificate was issued on the 25th of the same month, and the institution opened its doors for business.
The first president was David B. Hamilton of Waterbury, who served from 1880 until his death on August 14, 1898. He was succeeded by George W. Beach, who had been vice president from the time that office was created on January 9, 1894, but who upon the death of Mr. Hamilton was called to the presidency and so continued until February, 1906. He was succeeded by Edward L. Frisbie, who occupied the office from March 20, 1906, until he, too, passed away on April 13, 1909. His successor is Charles F. Mitchell, who is still the presiding head of the institution, having been called to the position on May 4, 1909. Mr. Frisbie had succeeded Mr. Beach as vice president, and Mr. Mitchell was his successor in that office, continuing from 1906 until he was called to the presidency in 1909. R. W. Hill then became vice president and filled that office until July 16, 1909. William E. Fulton was elected vice president on January 11, 1910, and still continues.
The first cashier was Charles R. Baldwin, who served from October 25, 1880, until May 31, 1892, when Charles F. Mitchell was elected and remained in the posi- tion until March 20, 1906, when he became vice president. A. E. Lord was then cashier from that date until January 12, 1909, and Lewis S. Reed was made assist- ant cashier, becoming cashier on May 4, 1909, and still remaining in this position.
The bank was first located at 102 Bank Street, where the Jones-Morgan Build- ing now stands, and a removal was made to the present location in December, 1897, when quarters were secured in the Bohl Building, then owned by Truman S. Lewis. Soon afterward the bank purchased the building. Its policy has always been clearly defined and has ever been one which would bear the closest investi- gation and scrutiny. A general banking business is being conducted and the pro- gressive methods which were early instituted have developed it into one of the strong banks of the state.
THE CITIZENS NATIONAL BANK
The Citizens National Bank, which was founded by Mr. Kingsbury and which is co-tenant of the building with the Waterbury Savings Bank, has had a great growth in the last quarter of a century. Twenty-five years ago, 1892, its deposits amounted to $500,000.00. In 1917 these aggregate $5,000,000.00. Its capital and surplus has grown to $450,000.00.
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WATERBURY AND THE NAUGATUCK VALLEY
Its officers in 1892 were: F. J. Kingsbury, president ; F. L. Curtiss, cashier ; Directors F. J. Kingsbury, D. E. Sprague, Edward Cowles, H. H. Peck and F. L. Curtiss.
Its officers and directors in 1917 are: J. H. Bronson, president ; E. O. Goss, vice president ; H. A. Hoadley, cashier ; E. R. Hudson, R. W. Hurlbut, assistant cashiers ; Directors J. H. Bronson, Edward O. Goss, F. S. Chase, John A. Coe, Jr., E. S. Hunt, Darragh DeLancey, T. F. Jackson, H. A. Hoadley.
THE WEST SIDE SAVINGS BANK
The West Side Savings Bank was incorporated in 1889. Its first officers were : President Edward T. Turner, Vice President J. R. Smith, Treasurer Gordon J. Lawrence. On October 1, 1890, its deposits were $34,664.62. On October I, 1916, these were $2,143,766.34. Of this amount the investment in loans on Waterbury real estate is $1,629,985.00. The bank was located on Bank Street in Brooklyn, rear Holmes booth, Hayden's office, then moving to the old Masonic Temple Building, being afterwards for eighteen years on the corner of Center and Bank streets and on January 1, 1917, it moved into its present beautiful quarters in the Buckingham Building.
The present officers are: President, J. Richard Smith ; vice president, Lewis A. Platt ; secretary, R. G. Hannegan; treasurer, George E. Judd. Its directors today are president, vice president and treasurer and Nathaniel R. Bronson, B. L. Coe, George A. Driggs, Howard M. Hickcox, T. F. Jackson, Herbert W. Lake and Michael Guilfoile.
TIIE MERCHANTS TRUST COMPANY
The Merchants Trust Company was organized November 28, 1910, with a capital of $100,000.00. Its deposits at the end of the first year of its existence were $150,000.00. Its deposits now, September, 1917, are over $2,000,000.00, and its surplus is $88,000.00.
Its first officers and directors were: James E. Smith, president ; Henry Weyand, secretary and treasurer ; directors, the officers and Michael E. Keeley, John S. Neagle, Thomas H. Hayes, Frank Pepe, Wm. Riether, Isidore Chase.
The officers today are: President, Henry Weyand; vice president, John S. Neagle ; secretary and treasurer, John E. Bulger ; E. F. Moran, assistant treas- urer : directors, Henry Weyand, John S. Neagle, M. E. Keeley, Isidore Chase, Frank Pepe, Wm. Riether, James E. Russell, Thomas Finnegan, Arthur A. Tanner, Frank Hayes, John E. Bulger.
It has occupied its present quarters at 142 Grand Street since its organization.
THE COLONIAL TRUST COMPANY
The Colonial Trust Company was the first of the trust companies to begin business in Waterbury. Its original capital when it opened its doors in 1899 was $400,000.00 with a surplus of $100,000.00. In 1911 the Fourth National Bank was consolidated with the Colonial. According to the statement issued March 5, 1917, its capital stock is $400,000.00, its surplus is $535,451.20 and its deposits are $7.033,538.09. This is an increase from $2,000,000.00, its deposits in 1900. In 1902, it moved into its own beautiful building on West Main Street. Prior to that year it had its quarters on Center Street.
Its first president was D. S. Plume, who was succeeded by J. H. Whittemore,
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WATERBURY AND THE NAUGATUCK VALLEY
both of whom have passed away. Otis S. Northrop, its present executive, suc- ceeded the latter. Gen. Louis N. Van Keuren was the first treasurer.
The first directors of the Colonial Trust Company were D. S. Plume, J. H. Whittemore, Geo. M. Woodruff, Carlos French, Franklin Farrel, C. F. Brooker, A. M. Young, George E. Terry, E. M. Burrall, C. P. Goss, E. L. Frisbie.
Its present officers and directors are as follows :
Otis S. Northrop, president; George M. Woodruff, vice president; John P. Elton, vice president; Charles E. Spencer, Jr., treasurer; W. P. Bryan, secre- tary ; H. L. Rowland, trust officer ; George E. Terry, counsel; directors, Charles F. Bliss, William H. Bristol, W. P. Bryan, John Booth Burrall, Wallace H. Camp, Edmund Day, George A. Driggs, John P. Elton, Alton Farrell, Edward L. Frisbie, W. Shirley Fulton, Robert F. Griggs, Arthur R. Kimball, Otis S. Northrop, Lewis A. Platt, H. L. Rowland, C. E. Spencer, Jr., George E. Terry, Harris Whittemore, George M. Woodruff.
The Fourth National Bank, now incorporated with the Colonial Trust Com- pany, as above stated, was organized in 1887 with a capital of $100,000.00. Its first president was D. S. Plume, and its first cashier was Burton G. Bryan. At the time of consolidation the officers and directors were: J. Richard Smith, president; Lewis A. Platt and John Henderson, Jr., vice presidents ; George E. Judd, treasurer; directors, these officers and Henry L. Wade, George A. Driggs, N. R. Bronson, Benj. L. Coe, Cornelius Tracy, Thomas F. Jackson, Howard M. Hickcox, Herbert W. Lake, Michael Guilfoile.
THE WATERBURY NATIONAL BANK
The Waterbury National Bank today occupies the same building, although large additions have been made, in which it began business as the Waterbury Bank in September, 1848. It became a national bank February 2, 1865. Its present officers are: H. S. Chase, president ; A. J. Blakesley, cashier; F. W. Judson, assistant cashier. The capital of the bank today, $500,000 is what it was on July 23, 1850. Its surplus has shown a continuous increase, the last report of June, 1917, placing it at $400,000. Its individual deposits on the same date were $3,883,983.10. The directors at present are: J. S. Elton, H. S. Chase, A. J. Smith, J. R. Smith, Irving S. Chase, A. W. Mitchell, M. Heminway, G. C. Hill, F. W. Judson, Alfred Hart, A. J. Blakesley and Geo. E. Boyd.
Augustus Milo Blakesley, father of A. J. Blakesley, present cashier of the bank, was its cashier from 1852 until his death, October 20, 1908. J. S. Elton resigned as president in 1916 and was succeeded by H. S. Chase.
THE WATERBURY TRUST COMPANY
The Waterbury Trust Company was granted its charter at the January ses- sion of the State Legislature in 1907. Its original officers were C. L. Holmes, president ; M. L. Sperry, vice president, and H. S. Seeley, secretary and treas- urer. It began business on June 24, 1907.
The growth of the institution since that date has been phenomenal, the result of sound management and substantial patronage. It has been strong in both its general banking business and in the savings department, which on October I, 1916, showed 1,525 deposits, an increase for the year of 925.
On August 1, 1917, it had a surplus of $55,431.35 and in 1917 deposits amounted to $3.030,338.33. Its present officers and directors are as follows : Charles L Holmes, president ; Mark L. Sperry, vice president ; Henry S. Seeley,
COLONIAL TRUST BUILDING, WATERBURY
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WATERBURY AND THE NAUGATUCK VALLEY
secretary and treasurer ; Walter M. Bassford, assistant treasurer; Frederick W. Chesson, assistant secretary. Directors: Edmund J. Daly, John Draher, Louis E. Fitzsimons (deceased), Harry H. Heminway, Thomas II. Hewitt, Charles L. Holmes, John R. Hughes, Herbert S. Rowland, Henry S. Seeley, Mark L. Sperry, Cornelius Tracy, W. S. R. Wake, Edwin H. Williams, William T. Woodruff and Charles A. Templeton. Mr. Chesson entered the national army in 1917.
THE RECENT INSURANCE HISTORY OF WATERBURY
Waterbury has at present no distinctly local life, fire or accident insurance organization, although a recent incorporation leads to the hope of early organ- ization in both the fire and life insurance lines.
The Waterbury Board of Underwriters, which comprises all the agents and authorized brokers now in business here, is kept alive by the earnest effort of the leading firms to see that the rules and regulations governing insurance here are strictly enforced. These rules and regulations come direct from the New England Insurance Exchange of Boston, which is the governing body in the state.
The enactment of the anti-rebating law by the last Connecticut Legislature has greatly aided legitimate insurance business, giving it the stability which has long been lacking.
There have been three notable efforts in the past quarter century to estab- lish distinctly local insurance organizations. The Connecticut Indemnity Asso- ciation, which had been organized on October 30, 1883, was perhaps the most pretentious of these efforts. It was organized to insure for life, health and accident. Its original promoters were Victor L. Sawyer, Dr. F. M. Cannon, John S. Purdy and John H. Guernsey. It remained in business until 1898, when conditions forced it to liquidate.
The second notable effort along insurance lines was the organization and operation of the Connecticut Mutual Steam Boiler Inspection and Insurance Company in June, 1886. Of this David S. Plume was the first president. Later D. B. Hamilton was its executive, and when it was finally merged into the Hart- ford Steam Boiler and Inspection Company in 1906, its president was Henry L. Wade.
The third effort was in the year 1902 in the organization of the Mutual Security Company, the purpose of which was to insure against strikes. This continued in business until 1910, but lack of interest on the part of local manu- facturers finally convinced its promoters that the project could not succeed. When it finally liquidated, its president was Gen. Louis N. Van Keuren and its secretary was F. J. Brown.
The Connecticut Legislature, at its 1917 session, granted charters,-one for life insurance company and the other for a fire insurance company. The incor- porators in both charters are Messrs. M. E. Keeley, Abner P. Hayes, Herman J. Weisman, and Frank Hayes. No steps liave yet been taken to make these charters effective.
CHAPTER XII
HISTORY OF WATERBURY'S HOTELS
THE FIRE OF 1902 FOLLOWED BY AN ERA OF HOTEL CONSTRUCTION-THE CONNECTI- 0 CUT HOTEL-EXCHANGE HOTEL ENLARGED-RAISING TIIE FUND FOR THE ELTON -THE SUBSCRIBERS-ITS FIRST YEAR'S RECORD-DESCRIPTION-STARTING THE "IDEAL TOUR"-THE KINGSBURY AND HODSON'S-MANY HOTELS SPRING UP DURING MUNITION-MAKING PERIOD.
The disastrous fire of 1902 and the beginning of munition-making in 1914- 1915 mark the two periods in which there was a distinct growth in the number and the capacity of Waterbury's hotels. In 1893, the beginning of the present quarter century, there were approximately fifteen hotels in Waterbury, most of them however merely large rooming houses. The Scovill House, of which T. R. Howe was manager, was still the leading hotel. The Franklin House, which was then operated by J. Frank Weedon, the Cooley House, run by A. J. Bunnell, and Brown's Hotel were all smaller but well-kept hostelries. On February 22, 1894, Brown's Hotel was destroyed by fire. This was afterwards rebuilt as a business block known as The Arcade. Earle's Hotel was on the site of the original Naugatuck Railroad Station and Smith's Hotel, now known as The Stratton, on East Main Street, was then a comparatively new and rather preten- tious hotel. It had been built just after the blizzard of 1888. Changes in man- agement and the opening of smaller hotels marked nearly every year.
On February 2 and, 3. 1902, the Scovill House and Franklin House were destroyed in the conflagrations of those dates. Then followed a period of hotel construction which soon more than replaced in capacity the ruined buildings.
Louis F. Haase, who had a new building on Center Street which he was using as a house furnishing store, remodeled it completely and opened it in 1904 under the name of the Connecticut Hotel. It was at first leased by George Q. Pattee of New Britain, afterwards by F. W. Haase, brother of L. F. Haase. On January 3, 1916, this was totally destroyed by fire and when the new building was completed, it was leased to the Metropolitan Furniture Company.
Shortly after the fire, what was known as Exchange Hotel was enlarged and opened in the building which is now the old part of Hodson's Hotel. The Bank Hotel was opened by Robert Molzon at 290-292 Bank Street. The building, which in 1902 was constructed for small family apartments, was changed over into a hotel and has retained its name to this time. It has been managed for fifteen years by Michael Molzon, the present owner, and is still one of the best of the smaller hotels of the city. It has forty-seven rooms.
The Elton, one of the finest hotels in the East, is however the notable land- mark of this period of hotel construction, and the story of its inception, its building and its official opening is an illustration of the local pride and public spirit of that time.
In 1903 the need of a fine hotel for Waterbury became so apparent to the leaders of its business that a local company was formed for the purpose of raising, if needed, half a million dollars for a site and building.
156
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WATERBURY AND THE NAUGATUCK VALLEY
The secretary of this company was George E. Boyd, and it was due to his splendid work, as well as to the public spirit of the entire community, that the first $300,000.00 the amount of the capitalization, was quickly raised.
The official list of these stockholders is an historical document and is incor- porated here as an evidence of the co-operative spirit of the community in time of great need.
Shares
300 J. S. Elton, Waterbury.
300 H. H. Peck, Waterbury.
250 Mrs. Ellen Scovill, Washington, D. C.
IOO Mrs. Mary E. Burrall, Water- bury. 100 Mrs. Ida E. Fulton, Waterbury.
50 Benedict & Burnham Mfg. Co., Waterbury.
50
Holmes, Booth & Haydens Co., Waterbury. Plume & Atwood Mfg. Co., Waterbury.
50 50 50 50 50 50 50 50
Scovill Mfg. Co., Waterbury. Mrs. H. Sophia Hoyt, Waterbury.
William E. Fulton, Waterbury.
Irving H. Chase, Waterbury.
Henry L. Wade, Waterbury.
Henry W. Scovill, Washington, D. C.
IO IO
Blake & Johnson Co., Waterbury. George B. Lamb, Waterbury.
Archer J. Smith, Waterbury. IO IO Thomas Fitzsimons, Waterbury.
IO John Booth Burrall, Waterbury.
IO
William D. Richardson, Water- bury.
B. C. Bryan, Waterbury. IO
Samuel Rosenstamm, New York. IO
E. L. Frisbie, Jr., Waterbury. IO D. S. Plume, Waterbury. IO Lucien F. Burpee, Waterbury.
John P. Elton, Waterbury.
Earl Smith, Waterbury.
F. L. Curtiss, Waterbury.
C. L. Holmes, Waterbury.
IO
Walter W. Holmes, Waterbury.
IO Gilman C. Hill, Waterbury.
IO Mrs. Charlotte B. Hill, Water- bury.
Thomas Kelly, Waterbury.
Dr. Henry G. Anderson, Water- bury.
25
Miss Edith D. Kingsbury, Water- bury.
Shares 24 Mrs. Mary L. Mitchell, Water- bury.
20 American Ring Co., Waterbury. 20 Mrs. C. M. Benedict, Waterbury. Miss A. C. Benedict, Waterbury.
20 20 American Pin Co., Waterville.
15 Steele & Johnson Mfg. Co., Water- bury.
15 Connecticut Railway & Lighting Co., New York. John C. Smith, New York. Charles F. Brooker, Ansonia.
12 12 12 H. S. Chase, Waterbury.
Otis S. Northrop, Waterbury. Lewis A. Platt, Waterbury.
12 12 12 J. Richard Smith, Waterbury. 12 Frederick B. Rice, Waterbury.
12 Berbecker & Rowland Co., Water- ville.
Bowditch & Stratton, Boston, Mass. Truman S. Lewis, Waterbury. Miss Caroline A. Platt, Water- bury.
50 50 50 Mrs. Lillian Clarke Farrel, Ansonia.
Waterbury Button Co., Water- bury.
George L. White, Waterbury. 36 30 30 Oakville Co., Oakville. 30 30 25
Waterbury Farrel Foundry & Mach. Co., Waterbury.
25 New England Watch Co., Water- bury.
25
Waterbury Buckle Co., Water- bury.
F. J. Kingsbury, Jr., Fairfield. 25 25
Miss Alice E. Kingsbury, Water- bury.
IO
Thomas B. Kent, New York. IO IO Cornelius Tracy, Waterbury.
Waterbury Clock Co., Waterbury. Ralph H. Smith, Waterbury.
IO IO IO IO IO
IO
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Shares
IO George Tracy, Waterbury.
IO J. M. Burrall & Co., Waterbury.
IO C. H. Tucker, New York.
IO Gordon W. Burnham, New York.
IO Miss Florentine H. Hayden, Waterbury.
IO Miss Anna L. Ward, Waterbury.
IO Adolph Lewisohn, New York.
IO Herbert P. Camp, Waterbury.
IO M. J. Daly, Waterbury.
9 F. Kingsbury Bull, New York.
9 Ludlow S. Bull, New York.
8 Miss Dorothy Bull, New York.
6 Dr. F. E. Castle, Waterbury.
6 Robert W. Hill, Waterbury.
6 Charles F. Mitchell, Waterbury.
6 Fred S. Chase, Waterbury.
5 New England Engineering Co., Waterbury.
5 J. K. Smith, Waterbury.
5
E. T. Root, Waterbury.
5 I. A. Spencer, Waterbury.
5 Henry Weyand, Waterbury.
5 John Henderson, Jr., Waterbury.
5 Roger S. Wotkyns, Waterbury.
W. B. Merriman, trustee, Water- bury.
5 5 Isidore Chase, Waterbury.
5 Valentine Bohl, Waterbury.
5 John A. Lilley, Waterbury.
5 Jay H. Hart, Waterbury.
5 William E. Norris, Waterbury.
5 Dr. C. S. Rodman, Waterbury.
5 R. D. Pierpont, Waterbury.
5 A. O. Jennings, Waterbury.
5 R. R. Stannard, Waterbury.
5 John W. Gaffney, Waterbury.
5 A. M. Dickinson, Waterbury.
5 William F. Chatfield, Waterbury.
5 J. B. Mullings, Waterbury.
5 F. W. Chesson, Waterbury.
5 Jacob Kaiser, Waterbury.
5 Edwin H. Williams, agent, Water- bury.
5
Merritt Heminway, Watertown.
4 T. D. Barlow, Waterbury.
3
Reid & Hughes Dry Goods Co., Waterbury.
Oliver R. Barlow, Waterbury. 2
2 Mrs. Cynthia D. Barlow, Water- bury.
2 Miss Mary A. Barlow, Waterbury.
2 Charles F. Davis, Waterbury.
2 Waterbury Paper Box Co., Inc., Waterbury.
2
William H. Wilcox, Waterbury.
2 Haring White Griggs, Waterbury.
I George E. Boyd, Waterbury.
I Jones & Morgan, Waterbury.
I Nelson J. Welton, Waterbury.
I Apothecaries Hall Co., Waterbury.
It is a notable fact that every subscriber was told that there would probably never be a profit, and there might be deficits to cover.
The management of the new hotel which opened its doors in 1904, was placed in the hands of Almon C. Judd, who knew Waterbury and who in the years of his absence from the city, had been employed in some of the largest hotels in the country. The report of the first year was exceedingly gratifying. With the exception of the three summer months, the hotel had earned from $300 to $2,000 during each of the other months of the year.
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