Finding Aid of the Vertical Paper Cutter Company Account Book, 1906-1907, PC.AB.517
Abstract
The Vertical Paper Cutter Company, located in Raleigh, was incorporated on June 2, 1906. Henry E. Litchford was president, and Everett M. and Melvin N. Andrews were vice-president and secretary-manager respectively. The company appears to have purchased paper in bulk and to have cut and sold it to specifications given them by the purchaser, and, at the same time, to have held exclusive right to market a patented vertical paper cutter. A single ledger of accounts payable which covers the period from June 6, 1906, to August 31, 1907.
Descriptive Summary
- Title
- Vertical Paper Cutter Company Account Book, 1906-1907
- Call Number
- PC.AB.517
- Creator
- Vertical Paper Cutter Company
- Date
- 1906 - 1907
- Extent
- 1.00 volumes
- Language
- English
- Repository
- State Archives of North Carolina
Restrictions on Access & Use
Access Restrictions
Available for research
Use Restrictions
Copyright is retained by the authors of these materials, or their descendants, as stipulated by United States copyright law (Title 17 US Code). Individual researchers are responsible for using these materials in conformance with copyright law as well as any donor restrictions accompanying the materials.
Preferred Citation
[Identification of item], PC.AB.517, Vertical Paper Cutter Company, State Archives of North Carolina, Raleigh, NC, USA.
Historical Note
The Vertical Paper Cutter Company, located at 5 West Hargett Street, was incorporated with a capital fund of $25,000 on June 2, 1906. Henry E. Litchford was president, and Everett M. and Melvin N. Andrews were vice-president and secretary-manager respectively. The company appears to have purchased paper in bulk and to have cut and sold it to specifications given them by the purchaser, and, at the same time, to have held exclusive right to market a patented vertical paper cutter. After ten months in business, the firm cast up its accounts and found it was operating at a loss of more than $5000.00. Shortly thereafter the firm filed an annual report with the Secretary of State. The corporation filed no report in 1908, however, and it is assumed that the company was dissolved and the capital stock distributed among the shareholders.
Contents of the Collection
Subject Headings
Acquisitions Information
Gift of Mr. Marcus L. Scruggs, Briggs Hardware, Raleigh, 1996.