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THE
fflJJIC TIRADE
VOL.
XXXV1. No. 10
PntlisM Ever? Sat. bv Edward Lvman Bill at 1 Madison Ate., New Tort Mar. 7,1903.
SINGLE COPIES, 10 CENTS.
$2.00 PER YEAR.
TAKING ACTION AGAINST BAD BILLS
HARRY MITTENTHAL ARRESTED.
CAPITAL NOW HALF A MILLION.
Introduced in the Massachusetts Legislature -The
Boston Trade Association's Timely Action.
Didn't Pay Joseph M. Mann $500 for His Work
on the Mascagni Tour.
The Boston Music Trade Association is
taking vigorous steps, through its executive
council, to kill two bills which have been re-
cently introduced in the Massachusetts House
of Representatives and which are now be-
fore the legislative committee. The first of
these bills, "Relative to the Removal or Sale
of Merchandise or Personal Property Bought
on Instalments or Leased Sales" is as fol-
lows:
The FarrandOrgan Co. Issue $200,000 PreTerred
Stock—Increase in Business Makes This Step
Necessary.
t _'. •
Harry Mittenthal, of Mittenthal Bros.,
The Farrand Organ Co., of Detroit, Mich.,
New York, was arrested in Providence, R. I.,
who
have just closed a very successful year,
last Saturday night in a civil action brought
have
decided-to increase their capital stock
by Jos. M. Mann for $1,000. Mr. Mann
to
$500,000,
by adding $200,000 seven per
was the local agent for Mascagni when .the
cent,
cumulative
preferred stock. This stock
latter appeared there and he sent his bill for
1
will
be
offered
to holders of the common
$500 to Mittenthal Bros v "He failed'to're-
stock
in
amounts
pro rata to their; holdings.
ceive a remittance, ana when Mr. Mittenthal
The
common
stock
was increased by a""stock,
appeared in" Providence with a theatrical
dividend
from
$231,000
to $300,000 on Jan.
company which he is managing, Mr. Mann
had him arrested. It looked for a time as '• 1903-
_
.._..;._.
though Mr. Mittenthal would have tp go to
"Our business has grown so fast," said
jail, but Col. Wendelschaefer, the manager Wi R. .Farrand on'Friday,.'"that' it .has r be-'
of the local theatre, went on his bond and -come necessary for us to take this step to
Mr. Mittenthal was released.
take care of it. Our output has doubled in
the last three years, and we have. ad3efr over
WM. HEINEKAMP DEAD.
150 hands to our establishment within a year.
.Wm. Heinekamp, a retired piano manu- The last return I had from the pay roll
facturer, died on Feb. 25th at his home in showed that we employ upward of 450 hands
Baltimore, Md. The deceased was born in at work. We have an office in London that
the town of Lippe Detmold, Prussia, seventy- will do a business this year in the British
seven years ago. He journeyed to Baltimore Isles alone, of fully $100,000. Over half
when twenty-one years of age,, and in 1861 of the $200,000 preferred stock has already
estabushed himself in business. He retired been taken by our stockholders, and they
ten years ago, since which time the business have yet a couple of weeks in which to come
in."'
has been conducted by his son.
The growth of this business emphasizes
FAKE TUNERS IN MANCHESTER.
anew the extent of the piano player trade in
this country to-day. The Cecilian, made by
Fake piano tuners, claiming to be connect-
this company, has become an universal fav-
ed with the house of Chickering & Sons, have
orite with the dealers and musicians of '•his
been swindling people in Manchester, N. H.,
country, while in Europe its popularity is
and locality. They have not only collected
steadily on the up-grade. Tha news above
quite a little money, but damaged a number
recorded is the inevitable and logical trend
of instruments. Piper & Mclntire, the Chick-
of healthy expansion.
ering representatives in Manchester, N. H.,
are endeavoring to run down the rascals, KNABE BUILDING IN WASHINGTON.
which it is hoped they will succeed in doing.
Manager Keidel is receiving congratula-
tions
in connection with the leasing of hand-
TO MAKE PIANO BACKS.
some new warerooms at 1218-1220 F street,
Ed Davis, who was formerly connected N. W., Washington, D. C , which was re-
with the Washington Mfg. Co., in Washing- ferred to in last week's Review. The build-
ton, N. J., has been visiting Binghamton, ing is six stories in height with basement,
N. Y., and Williamsport, Pa., for the pur- and is of modern construction in every re-
pose of looking over locations for a factory spect. When alterations are completed it will
to be devoted to the manufacture of piano give Wm. Knabe & Co. one of the finest es-
backs. While nothing definite has been de- tablishments devoted to instruments in the
cided upon, it appears that Williamsport is Capital city. They expect to take possession
of their new quarters on April 1.
at present preferred.
Section i. Whoever buys any merchandise
or personal property upon instalments or
leased sales, shall upon payment of sixty per
centum of the total cost of said property,
have a right to move said property without
giving notice to seller or lessors, and shall
also have a right to pledge, pawn or sell said
property.
Section 2. The lessor or seller of personal
property upon leased or instalment property
shall recover the value of their property by
civil action.
The other bill entitled "To Regulate and
Provide for the Recording of Conditional
Sales of Personal Property" is as follows:
Section 1. No agreement that personal
property bargained and delivered to another
shall remain the property of the seller till
paid for is valid, unless the same is in writ-
ing and signed by the person to be bound
thereby. And when so made and signed,
whether said agreement is, or is called a note,
lease, conditional sale, purchase on instal-
ments, or by any other name and in what-
ever form it may be, it shall not be valid
except as between the original parties there-
to, unless it is recorded in the same manner
as is provided for the recording of mortgages
or personal property, The fee for recording
the same shall be the same as that for record-
ing mortgages of personal property. All
said agreements, whether recorded or not,
shall be subject to redemption; but the title
may be foreclosed in the same manner as is
provided for mortgages of personal property.
As soon as these bills come up for consid-
eration a committee, of which Edwin C. Mil-
ler, of the Henry F. Miller & Sons Piano Co.
is chairman, will make a formal protest
against a favorable report. Such arguments
will be presented as will go to show that
these measures would be injurious to the best
interests of the trade in Massachusetts.
These bills are decidedly objectionable to
piano dealers and all who sell on instalments,
and it is the general opinion, should a stren-
uous protest be made, that they cannot be
passed.
J. Geo. Laffargue, of Laffargue & Co.,
has been receiving a royal reception from
dealers in various cities which he has so far
visited. He has been receiving generous or-
ders throughout his trip, which will extend
as faf as the Pacific Coast,
BRIGGS SELLS OUT.
Claud Briggs, piano dealer of North Yaki-
ma, Wash., has sold his interests in that place
to the Allen & Gilbert-Ramaker Co., of Seat-
tle and Portland, and hereafter he will be the
new firm's general manager in Central Wash-
r
ington.
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