January i, 1902.] 



THE INDIA RUBBER WORLD 



119 



NEWS OF THE AMERICAN RUBBER TRADE. 



MR. FLINT OUT OP THE UNITED STATES RUBBER CO. 



THIS announcement, emanating from the office of Charles 

 R. Flint, of New York, was made public on Decem- 

 ber 16; 



Mr. Charles R. Flint has resigned as a director of the 

 United States Rubber Co. Mr. Flint states that large and new inter- 

 ests have come into the company and that his own interest at this time 

 was too small longer to justify his attention to its affairs. 



On July 25 last Mr. Flint resigned the position of treasurer 

 of the company, which he had held almost from the beginning, 

 and to which he had been reelected at the annual meeting in 

 May. Mr. Flint's name has been connected closely with the 

 affairs of the United States Rubber Co. since its first inception. 

 He was a party to an agreement, dated February i, 1892, with 

 the New York banking house of H. B. HoUins & Co., who held 

 options on the rubber shoe factories which later came into the 

 combination, by which agreement Mr. Flmt shared in the pro- 

 moters' profits. He did not, however, sign the incorporation 

 papers, filed in New Jersey, March 30, 1892, nor was he on the 

 original board of directors, as was Mr. HoUins. The original 

 officers, by the way, and several of the directors, were not rub- 

 ber manufacturers, but financial men who had assisted in or- 

 ganizing the company, and who retired, one by one, as rubber 

 factories were acquired and their former owners were prepared 

 to join the board. The first treasurer was John P. Townsend. 

 At a stockholders' meeting on October 15, 1892, Charles R. 

 Flint was elected a director, immediately after which he became 

 treasurer of the company and a member of its executive com- 

 mittee. On October 27, 1892, was issued the prospectus of the 

 company, oflfering its shares to the public. From that date Mr. 

 Flint was always recognized as an influential factor in the com- 

 pany's management. He was not to be seen at its offices, how- 

 ever, except at directors' meetings, not even having a desk 

 there. When Senator Lexow undertook an investigation of 

 trusts, some five years ago, he evidently thought, by question- 

 ing Mr. Flint, to get at the fountain-head of information regard- 

 ing the " rubber trust." Mr. Flint, on the witness stand, ad- 

 mitted that he "took part in bringing about the organization," 

 after which the printed record runs: 



Q. [By Senator Lexow.] Is it not a fact that you, while not in name, 

 are in fact the head of this United States Rubber Co. ? A. I cannot 

 claim that distinction. 



Q. Is not that understood ? A. Some people may have that idea. 



Q. Isn't it generally understood ? A. I cannot say. 



Q. Why, don't you care to take that flattering unction to your soul ? 

 A. I shouldn't like to admit it. 



Mr. Flint was succeeded as treasurer of the United States 

 Rubber Co. by James B. Ford, a member of the directorate 

 from the beginning. 



OUT OF "RUBBER GOODS" ALSO. 

 At a meeting of the board of directors of the Rubber Goods 

 Manufacturing Co., on December 18, the resignation of Charles 

 R. Flint, both as chairman of the board and as director, was 

 accepted. It is given out that Mr. Flint has determined to de- 

 vote his attention actively to carrying out his plans for the or- 

 ganization of an international crude rubber company, a charter 

 for which was obtained in New Jersey a year ago. His brother, 

 Wallace B. Flint, treasurer of the Rubber Goods company, also 

 resigned. At the same meeting Arthur L. Kelley, who repre- 

 sents on the board the Mechanical Fabric Co. interests, was 



elected president of the Rubber Goods Manufacturing Co., to 

 succeed Charles Stewart Smith, and Alden S. Swan, of the firm 

 of Swan, Finch & Co., was elected treasurer in place of W. B. 

 Flint. Mr. Flint is also credited with the intention of bringing 

 about a combination of the rubber industry on a larger scale 

 than has yet been attempted. The position of chairman of the 

 board of directors, made vacant by Mr, Flint's resignation, had 

 not been filled, at last accounts. 



ANOTHER GOODRICH EXTENSION. 

 Plans are being drawn for anotheraddition to the buildings 

 of The B. F. Goodrich Co. (Akron, Ohio), on which work will 

 be begun before the close of winter. It is to be a three story 

 brick structure, about 50x250 feet, for general extension and 

 warehouse purposes. 



DIAMOND RUBBER CO. — INCREASE OF CAPITAL. 



The Diamond Rubber Co. (Akron, Ohio) having decided 

 upon an increase of capital in November last, a charter has 

 been taken out under West Virginia laws, authorizing the issue 

 of additional shares to the extent of $1,000,000, to take place 

 at this date. For three years past the company have been ad- 

 ding to their plant and their product, and hence have been 

 confronted with the need of a larger capitalization than $500,- 

 000 ==^The Diamond company will begin work this month 

 in their new tire building— a five story structure 325X60 feet. 

 The space hitherto devoted to their tire manufacture will now 

 be utilized in the extension of their output of general mechan- 

 ical goods. Six years ago the company, then capitalized at 

 $50,000, occupied but one building — that vacated a short time 

 before by the Diamond Match Co. Now they occupy five 

 large buildings at the main factory, and a building at Hale, 

 one mile south of this. 



THE GUTTA PERCHA COMPANY'S EXTENSION. 



Referring to a report in regard to the Gutta Percha and 

 Rubber Mfg. Co. (New York) inourlast issue [page 85], it should 

 be said that, through an inadvertence, some errors crept into 

 it. What it was intended to say was that the company are 

 making extensive additions and improvements to their works 

 on Franklin and Skillman avenues, Brooklyn. A new power 

 press is installed, and a Custodis chimney has been erected to 

 accommodate four Babcock & Wilcox water tube boilers of 300 

 HP each. Their sprinkler system has been enlarged and car- 

 ried over the entire plant, supplied by a 1 500 gallon water tank 

 supported on steel frames. The company have contracted with 

 the Farrel Foundry and Machine Co. for several mills and cal- 

 enders ; also for a large four platen press of new design and great 

 power. All of these various improvements are now about 

 completed 



TRADE MARK LAW IN CANADA. 



The Boston Rubber Shoe Co. recently brought an action in 

 the exchequer court of Canada, against the Boston Rubber Co. 

 of Montreal, for alleged infringement of the former company's 

 trade mark, the essential feature of which are the words " Bos- 

 ton Rubber Shoe Company." This trade mark has been regis- 

 tered in Canada. The Montreal company have used a some- 

 what similar trade mark, which has not been registered. The 

 defense set up was that the charge that the defendants were 

 using a trade mark essentially identical with that of the plain- 

 tiff was not a sufficient allegation to entitle the plaintiff to 



