Presto
Issue: 1925 2007 - Page 12
12
January 10, 1925.
P RE S TO
LYON & HEALY PLANS
FOR SMALL GRAND
Success of Instrument Has Been Such as to
Warrant the Company in Increasing Pro-
duction of New Model.
During a recent interview, M. A. Healy, president
of Lyon & Healy, Chicago, admitted that the success
of the new grand piano has been such as to warrant
devoting the major portion of the Chicago factory to
the production of the new model. The piano is 4
feet 11 inches in length and has a new specially de-
signed scale that obtains a maximum of tone. Lyon
& Healy is so enthusiastic over the piano ("double
volume," is the phrase used to describe it) that plans
are being made to push it on a pretentious basis.
"When the first scale was drawn and the first piano
built of our new model, we of course wished to go
slow," said Mr. Healy this week. "Both I and my
brother, Columbus Healy, wanted to be absolutely
sure that we had a piano of exceptional merit before
we made any announcement to the trade. In fact,
we kept the lid down on all information regarding
our activities, prefering rather to discontinue the in-
strument if it did not prove out than to rush it to the
trade untried. The better half of 1924 has seen us
remodeling, refining and perfecting the new piano
until now we can say without any reservation that
it offers to the music lover an instrument of super-
lative quality and to the piano merchant a profitable,
quick turning line.
"We have always felt that there was room for a
certain type grand piano. Public sentiment has been
expressing itself towards a grand piano, and towards
a grand piano of small dimensions. Beginning with
this, we endeavored to produce an instrument that
expressed practically and concretely a rare standard
of workmanship. With the finest materials the men
in our factory, guided by the best that science and
factory management offers, build today an instru-
ment of unusual beauty and durability. We have re-
fused to compromise with mediocrity. We have al-
ways stressed workmanship. In fact, it is a matter
of pride with us that a great majority of the men in
our factory today have been with us a great many
years and are thoroughgoing workmen.
"While we are in business for practical purposes,
we have endeavored to maintain a serious pursuit of
an ideal. We do not wish to minimize at any time
our conception of what building a piano should be.
To obtain the realization of what one has set up as a
goal usually takes a long time. So it is with no
little pride and satisfaction that we make public an-
nouncement of the new Lyon & Healy grand piano.
We are confident that any dealer after seeing and
hearing it will welcome it on his sales floor.
"Briefly, in building the instrument we had in
mind two major ideas. The first was to meet the
growing popular demand for a small grand piano of
fine tone and excellent workmanship which could be
sold at an attractive and reasonable retail price. The
second was to make such a piano at a factory figure
which would enable the piano merchant to turn his
stock rapidly and make a handsome profit on every
deal. We believe we have succeeded. The pianos
which have been made and sold during the last year
confirmed our hopes. We have now definitely shaped
our schedule for 1925 and detailed announcements
will be made to the trade early in January."
CHINESE PIANOS.
Piano manufacture is rapidly becoming more in-
ternational with every year. India, the Straits Settle-
ments, Australasia and Japan have had established
piano makers for some time and now comes news of
a new company formed in Shanghai at 15 North
Szechuen road, with the title of Shanghai Piano Com-
pany, where they will manufacture pianos, organs,
etc.. for the Chinese territory.
MILWAUKEE MANAGER RESIGNS.
No one has yet been appointed to fill the position
of sales manager of the Kesselman-O'Driscoll Co.,
Milwaukee, made vacant by the resignation of Leo
Monroe, who has been manager for the past seven
years. Mr. Monroe left this week, his place being
taken temporarily by Mr. Hesselman.
4.
WHAT NAME HERE?
(See Page 50.)
If you are short of hair on top,
And still your bosom swells
Because you've won, you're sure to drop
The name the answer spells.
HIRE=PURCHASE SYSTEM
IN THE BRITISH TRADE
Expert on Legal Phases of Piano Sales on Install-
ment Plan States Opinion.
"In all cases where writing is legally necessary it
is not a formal document that is required," is the
advice of W. Eric Jackson, LL. B., editor of the
legal department of the London Music Trade Review.
"Any note or series of letters is enough so long as
there is a complete statement of the terms of the
agreement. Both parties' signatures are not necessary.
Only the defendant, the person being sued, need have
signed; for the law assumes that when a party brings
an action on such a contract he admits that the agree-
ment is binding on both."
In a lucid article on Written and Unwritten Agree-
ments, the expert continues:
A hire-purchase agreement should always be in
writing. Quite apart from any questions of law, the
obvious common sense of having the terms in writing
will appeal to all traders. A hire-purchase agreement
is today a complicated thing, and the terms are not
such as should be left entirely to the memory of the
parties. Nevertheless, the law does not make writing
obligatory in all cases, and besides there are cases
where the parties intend the agreement to be written,
and by some error or other the agreement is never
signd, or the parties may sign an agreement, but it
may get lost and be unavailable for proof in case
of any dispute subsequently.
It is well, therefore, for traders to consider in what
circumstances writing is legally necessary, and, fur-
ther, what the effect is of not having a written agree-
ment.
First of all the question of whether writing is
legally necessary for a valid contract depends, in the
case of an ordinary hire-purchase agreement, on
whether the installments are to last longer than one
year. The Statute of Frauds provides that no agree-
ment which is not to be completely performed within
one year shall be valid unless it is in writing, or un-
less there shall be in existence at the time of the trial
some note or memorandum of the contract signed by
the party sued.
The Carder Piano Co. has moved to new quarters
at 61 North Pryor street, Atlanta, Ga.
The Remarkable Quality of Tone in all
MATHUSHEK PIANOS
Is based upon the inventions of Frederick Mathushek
WHO CREATED THE OVERSTRINGING SYSTEM.
The enormous strain from the strings is borne by the
iron plate instead of the wood pin block, thus eliminating
the effect of climatic changes.
This is but one of the several original features which
make the Mathushek
THE MOST DURABLE PIANO IN THE WORLD
M A T H U S H E K P I A N O MFG. CO.
132nd St. and Alexander Ave.
NEW YORK
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/
January 10, 1925.
P RE S TO
LYON & HEALY PLANS
FOR SMALL GRAND
Success of Instrument Has Been Such as to
Warrant the Company in Increasing Pro-
duction of New Model.
During a recent interview, M. A. Healy, president
of Lyon & Healy, Chicago, admitted that the success
of the new grand piano has been such as to warrant
devoting the major portion of the Chicago factory to
the production of the new model. The piano is 4
feet 11 inches in length and has a new specially de-
signed scale that obtains a maximum of tone. Lyon
& Healy is so enthusiastic over the piano ("double
volume," is the phrase used to describe it) that plans
are being made to push it on a pretentious basis.
"When the first scale was drawn and the first piano
built of our new model, we of course wished to go
slow," said Mr. Healy this week. "Both I and my
brother, Columbus Healy, wanted to be absolutely
sure that we had a piano of exceptional merit before
we made any announcement to the trade. In fact,
we kept the lid down on all information regarding
our activities, prefering rather to discontinue the in-
strument if it did not prove out than to rush it to the
trade untried. The better half of 1924 has seen us
remodeling, refining and perfecting the new piano
until now we can say without any reservation that
it offers to the music lover an instrument of super-
lative quality and to the piano merchant a profitable,
quick turning line.
"We have always felt that there was room for a
certain type grand piano. Public sentiment has been
expressing itself towards a grand piano, and towards
a grand piano of small dimensions. Beginning with
this, we endeavored to produce an instrument that
expressed practically and concretely a rare standard
of workmanship. With the finest materials the men
in our factory, guided by the best that science and
factory management offers, build today an instru-
ment of unusual beauty and durability. We have re-
fused to compromise with mediocrity. We have al-
ways stressed workmanship. In fact, it is a matter
of pride with us that a great majority of the men in
our factory today have been with us a great many
years and are thoroughgoing workmen.
"While we are in business for practical purposes,
we have endeavored to maintain a serious pursuit of
an ideal. We do not wish to minimize at any time
our conception of what building a piano should be.
To obtain the realization of what one has set up as a
goal usually takes a long time. So it is with no
little pride and satisfaction that we make public an-
nouncement of the new Lyon & Healy grand piano.
We are confident that any dealer after seeing and
hearing it will welcome it on his sales floor.
"Briefly, in building the instrument we had in
mind two major ideas. The first was to meet the
growing popular demand for a small grand piano of
fine tone and excellent workmanship which could be
sold at an attractive and reasonable retail price. The
second was to make such a piano at a factory figure
which would enable the piano merchant to turn his
stock rapidly and make a handsome profit on every
deal. We believe we have succeeded. The pianos
which have been made and sold during the last year
confirmed our hopes. We have now definitely shaped
our schedule for 1925 and detailed announcements
will be made to the trade early in January."
CHINESE PIANOS.
Piano manufacture is rapidly becoming more in-
ternational with every year. India, the Straits Settle-
ments, Australasia and Japan have had established
piano makers for some time and now comes news of
a new company formed in Shanghai at 15 North
Szechuen road, with the title of Shanghai Piano Com-
pany, where they will manufacture pianos, organs,
etc.. for the Chinese territory.
MILWAUKEE MANAGER RESIGNS.
No one has yet been appointed to fill the position
of sales manager of the Kesselman-O'Driscoll Co.,
Milwaukee, made vacant by the resignation of Leo
Monroe, who has been manager for the past seven
years. Mr. Monroe left this week, his place being
taken temporarily by Mr. Hesselman.
4.
WHAT NAME HERE?
(See Page 50.)
If you are short of hair on top,
And still your bosom swells
Because you've won, you're sure to drop
The name the answer spells.
HIRE=PURCHASE SYSTEM
IN THE BRITISH TRADE
Expert on Legal Phases of Piano Sales on Install-
ment Plan States Opinion.
"In all cases where writing is legally necessary it
is not a formal document that is required," is the
advice of W. Eric Jackson, LL. B., editor of the
legal department of the London Music Trade Review.
"Any note or series of letters is enough so long as
there is a complete statement of the terms of the
agreement. Both parties' signatures are not necessary.
Only the defendant, the person being sued, need have
signed; for the law assumes that when a party brings
an action on such a contract he admits that the agree-
ment is binding on both."
In a lucid article on Written and Unwritten Agree-
ments, the expert continues:
A hire-purchase agreement should always be in
writing. Quite apart from any questions of law, the
obvious common sense of having the terms in writing
will appeal to all traders. A hire-purchase agreement
is today a complicated thing, and the terms are not
such as should be left entirely to the memory of the
parties. Nevertheless, the law does not make writing
obligatory in all cases, and besides there are cases
where the parties intend the agreement to be written,
and by some error or other the agreement is never
signd, or the parties may sign an agreement, but it
may get lost and be unavailable for proof in case
of any dispute subsequently.
It is well, therefore, for traders to consider in what
circumstances writing is legally necessary, and, fur-
ther, what the effect is of not having a written agree-
ment.
First of all the question of whether writing is
legally necessary for a valid contract depends, in the
case of an ordinary hire-purchase agreement, on
whether the installments are to last longer than one
year. The Statute of Frauds provides that no agree-
ment which is not to be completely performed within
one year shall be valid unless it is in writing, or un-
less there shall be in existence at the time of the trial
some note or memorandum of the contract signed by
the party sued.
The Carder Piano Co. has moved to new quarters
at 61 North Pryor street, Atlanta, Ga.
The Remarkable Quality of Tone in all
MATHUSHEK PIANOS
Is based upon the inventions of Frederick Mathushek
WHO CREATED THE OVERSTRINGING SYSTEM.
The enormous strain from the strings is borne by the
iron plate instead of the wood pin block, thus eliminating
the effect of climatic changes.
This is but one of the several original features which
make the Mathushek
THE MOST DURABLE PIANO IN THE WORLD
M A T H U S H E K P I A N O MFG. CO.
132nd St. and Alexander Ave.
NEW YORK
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/
Future scanning projects are planned by the International Arcade Museum Library (IAML).