388 



THE INDIA RUBBER ^VORLD 



[August i, 1905. 



given by the firm a trip to the old country. He will visit Ire- 

 land (his old home), Berlin, Liverpool, Paris, and London. In 

 Germany he will show the process for making and using a val- 

 uable invention in connection with vehicle tires to a prominent 

 rubber manufacturer, they having just purchased same from 

 John L. G. Dykes, formerly of this company, for $50,000." 



THE NEW HARD RUBBER CORPORATION. 



Articles of incorporation of The Hard Rubber Company 

 of America, under the laws of New York, were filed with the 

 secretary of state, lune 28, 1905. The amount of capital stock 

 is stated to be $2,500,000 in preferred shares entitled to 8 per 

 cent, cumulative dividends, and $5,000,000 in common shares, 

 all of the par value of $100. The papers were signed by per- 

 sons connected with the American Hard Rubber Co. (New 

 York). This is in effect an increase in the capitalization of 

 the last named company, in a more convenient form than was 

 possible under its existing charter. The new corporation is 

 in the nature of a holding company, and will acquire the 

 shares of the American Hard Rubber Co. and the constituent 

 companies of the latter, without terminating their corporate 

 existence. The increase of capital has been rendered neces- 

 sary by the steady growth of the business, and has been fixed 

 at a figure which will provide for the continued increase 

 which appears warranted by the general prosperity of the 

 country. During the last years the company has remodelled 

 and enlarc;ed its factories and the work is being further ener- 

 getically continued. 



SUIT OVER A CORPORATE TITLE. 

 Mention was made in The India Rubiier World of July 

 I, 1903 (page 350), of an action brought in the New Jersey 

 court of chancery by the Eureka Fire Hose Co. (New York 

 and Jersey City) against The Eureka Rubber Manufacturing 

 Co. of Trenton, N. }., to have the latter enjoined from the use 

 of the word " Eureka " in advertising their products, particu- 

 larly in the marketing of fire hose, and further to be restrained 

 from using the name " Eureka" in their title as a corporation. 

 Both parties in this action are corporations under the laws of 

 New Jersey, the complainants being the older company, and 

 their business being principally in the manufacture of rubber 

 lined cotton fire hose. The defendant company was incor- 

 porated July 15, 1902, and has engaged principally in the 

 manufacture of mechanical rubber goods, rubber carriage drill, 

 rubber carriage tires, rubber covered wire, and to a much lesser 

 extent in the manufacture of fire hose. Following an opin- 

 ion rendered at the February term, 1905, by Vice Chancel- 

 lor Emery, in favor of the plaintiffs, the decree of the court 

 by Chancellor Magie filed June 6 is that the defendants be en- 

 joined from the use of the word " Eureka" as part of their 

 corporate title, in connection with the manufacture and sale 

 of fire hose or any other hose such as is manufactured by the 

 Eureka Fire Hose Co. It also enjoins them from the use of 

 the word " Eureka" as a distinguishing brand in connection 

 with the manufacture and the sale of such goods. The defend- 

 ants, who disclaim having used the word " Eureka " except as a 

 portion of their corporate title, have appealed the case to the 

 court of errors and appeals of New Jersey, which acts as a stay 

 on the injunction. 



THE DISAPPOINTMENT OF OLATHE. 

 The prospects are not bright for the erection at Olathe, 

 Kansas, of a $150,000 rubber reclaiming plant, by Mr. C. S. 

 Heller, of Akron, Ohio, with the moral and financial support of 

 the Olathe Commercial Club. It is understood that two citizens 

 of Olathe who became directors in the Central Rubber Co., 

 a Maine corporation promoted by Cassius M. Gilbert, of Kan- 



sas City, for the purpose of building the Heller plant, have 

 resigned, with the feeling that somebody was working in the 

 dark to prevent the factory from being located at Olathe. 

 The Mirror of that town says: "The other large rubber man- 

 ufacturers did all in their power to dissuade Heller from 

 coming west, and it is believed the pressure and other in- 

 ducements together with the scheming of another director, 

 are the direct causes of Mr. Heller's determination to stay 

 at Akron." 



NEW YORK STOCK EXCHANGE TRANSACTIONS. 



United States Rubber Co. : 



Rubber Goods Manufacturing Co. : 



PHOENIX RUBBER CO. (BARBERTON, OHIO). 

 The newspapers of Lancaster. Ohio, report that the com- 

 pany above named has secured premises in that town with a 

 view to removing its factory from the present location. The 

 Phoenic Rubber Co. was incorporated in March last, with 

 $1 5,000 capital, to succeed the Lilly Rubber Co., of Barber- 

 ton. 



THE GOODYEAR TIRE AND RUBBER CO. (AKRON). 

 This company has been making extensive additions to and 

 improvements in its plant at East Akron. The engine room 

 is being enlarged by the construction of an addition 80 X 38 

 feet, to accommodate a 1500 up. cross compound Corliss en- 

 gine, which will almost double the power capacity. The tire 

 department will be enlarged by the addition of a new room 

 90 X 46 feet, now being constructed. Within the past year, 

 or since the reorganization of the finances of the company, 

 it has been making encouraging progress. The pneumatic 

 golf ball is reported to have become a very successful feature 

 of the company's business. 



TRADE NEWS NOTES. 



Boston Woven Hose and Rubber Co. announce that Mr. 

 Frederick E. Siockwell, who for the past four years has repre- 

 sented them in northern New England and Canada, has been 

 placed in charge of their Philadelphia office, with headquar- 

 ters in the Drexel building. Mr. Stockwell was formerly lo- 

 cated in Philadelphia where he has a large circle of acquaint- 

 ances. 



= The Hodgman Rubber Co. (New York) have increased 

 their capital stock to $500,000, one half each in preferred and 

 common shares. Before the increase the amount of capital 

 outstanding was $132,800 in preferred and $250,000 in common 

 stock. 



=The Woonsocket Rubber Co. were advertising recently for 

 help with a view to an increased production in rubber shoes 

 at their " Alice " mill. 



