. The street railway review . ; net income at $186,; dividend, five per cent on capital stock, $229,, and netdeficit, $43, The large business now carried on by the Frank Ridlon Co.,of Boston, is largely the result of the ingenuity and businesssagacity of one man, Mr. Frank Ridlon, whose name is associatedwith the growth of both the electric lighting and the electric rail-way industries, particularly in New England and the EasternStates. The business is unique in many respects. In 1891 , who as a representative of the Brush Company, had forseveral years prior t
. The street railway review . ; net income at $186,; dividend, five per cent on capital stock, $229,, and netdeficit, $43, The large business now carried on by the Frank Ridlon Co.,of Boston, is largely the result of the ingenuity and businesssagacity of one man, Mr. Frank Ridlon, whose name is associatedwith the growth of both the electric lighting and the electric rail-way industries, particularly in New England and the EasternStates. The business is unique in many respects. In 1891 , who as a representative of the Brush Company, had forseveral years prior to this time, been engaged in installing electric-lighting machinery in the East, conceived the idea that the rapiddevelopments which were even then being made in electrical re-search would soon make possible the establishment of a businessdevoted to the buying and selling of slightly worn electrical ma-chinery, discarded for larger units, or made obsolete by improveddesigns. He acordingly took advantage of an opportunity that. after presented itself and purchased a small repair shop inBoston, where he at once set about buying all the second-handgenerators and motors he could secure, making such repairs aswere necessary and selling them again at prices that created aready demand. The business grew at a rapid rate and in 1894, Mr. Ridlon as-sociated with himself Mr. Edmund W. Kellogg, and a stock com-pany was organized, known as the Frank Ridlon Co., under whichtitle the business is still carried on. Mr. Kellogg had been con-nected with the Thomson-Houston Co. as engineer and salesmanand brought with him a wide acquaintance and a rich fund of ex-perience. The scope of the companys activity has been graduallyenlarged and in addition to dealing in second-hand machinery itnow makes electrical repairs of every description for electric lightand street railway companies, and also acts as territorial agentfor a number of specialties. The Northwestern Elevated Railroad
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Keywords: ., book, bookcentury1800, bookdecade1890, booksubjectstreetrailroads
