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WELLAND FIRM TO EXPAND
$1,000,000 Federal Charter Granted Metals Chemicals Limited
SMELT COBALT ORES
[Peoples Press, 9 March 1915]
Announcement is made that-Metals Chemical Limited has been incorporated by Dominion letters patent, with authority to take over the business of the Metals Chemical Company, Limited, now conducted at Welland under a provincial charter. The company will have a capital stock of $1,000,000 and head office in Toronto.
Dr. Richardson, who is at the head of the plant here, stated to the Press yesterday that the new concern is a reorganization of the old company on a broader basis. The added capital will enable the company to increase its capacity and extend its work here. It is expected that an addition to the plant will be built in the spring.
The company carries on the smolting and refining of Cobalt, nickle and silver. From 50 to 60 men are now employed.
The same officials will hold office in the new concern.
GIVES NOTICE OF LIBRARY BYLAW
Alderman Dick gives notice of bylaw to establish public library.
Alderman Dick is till boosting the Carnegie library scheme. At Thursday night’s town council meeting he gave notice that at next meeting he would introduce a bylaw establishing a public library. This, as will be remembered, is the preliminary step toward accepting the Carnegie offer.
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