[Trade Journal] Publication: Crockery & Glass Journal New York, NY, United States |
The sale of the glass works at Sandwich, Mass., by the Electrical Glass Co., to Abram French & Co., of Boston, practically winds up the former organization, it is said. The Electrical Glass Co. controlled a number of patents, including a glass insulator, a glass conduit, and a glass globe for electric lights. Its capital was half a million of dollars. Not long ago Eben C. Milliken purchased a large block of the stock far below its par value, and was elected its treasurer. The old works of the Boston & Sandwich Co. were purchased for $21,000, but for several reasons the company never commenced the manufacture of its specialties. The other day the glass works property was sold for $7,000, and the Electrical Glass Co. will probably wind up its affairs. It is said that Mr. Milliken is interested with Abram French & Co. in the purchase, and that a company will be formed with a capital of $75,000 for the manufacture of miscellaneous glassware. |
Keywords: | Electrical Glass Corporation : Pennycuick |
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Researcher: | Bob Stahr |
Date completed: | November 12, 2005 by: Elton Gish; |