"They Light Your Dark Rooms. / Make Them Bright and Cheerful. /
Prices Made So You Can Afford to Buy Them."|
- 1114 Chamber of Commerce, Chicago;
1401-1402 Manhattan Building, Chicago
- Also: 128 South Fourth Street, Philadephia, PA
- Telephone: HARRISON 1183
||Corporation formed (New Jersey): President and Treasurer: M. A. Knapp;
Secretary: Bertand Walker; Vice President and Manager: S. A. Sage;
Directors: M. D. Follansby, Howard Gilette, M. A. Knapp,
S. A. Sage, Betrand Walker.
"A corporation formed under the laws of New Jersey, October
19, 1899. The object of the company is to extend the sale of daylight
prisms throughout the United States. The factory of the company is
in Philadelphia. The Daylight Prism Co., of Pennsylvania, was merged
with this company." ... "President, Charles H. Graham; Vice-President,
Samuel B. Vrooman; Secretary and Treasurer, H. M. Cummings. Directors:
Charles H. Graham, Thomas W. Synnott, B. J. Woodward, John P. Whitney,
James A. Hayes, Samuel B. Vrooman, George K. Cummings. Office and
transfer agency, 132 South Fourth street, Philadelphia." —The
Manual of Statistics (Stock Exchange Handbook), Vol 23, 1901
- 1900 Catalog
- "Daylight Prism Co. of Pennsylvania ... projects daylight into dark interiors..." (24 page brochure at archive.org, dated 1899)
- "FINANCIAL INQUIRY · Daylight Prism Co. ·
(Philadelphia, Pa.) I would like to know what you think of the stock
of the Daylight Prism Co. of Philadelphia, as a permanent investment.
Ans.: The product of this company is a patented window glass,
which is constructed or moulded in prismatic form. The rays of
light are so deflected by this glass as to light the room, and does
away with artificial light. It is used in business establishments,
private residences, schools, mills and some public buildings.
The Daylight Prism Company secures its territorial rights of the
patentee. The capital stock is $575,000, consisting of $75,000 8
per cent cumulative preferred stock, and $500,000 common stock, all
of which is outstanding. The company claims to have filled over 600
orders in the city of Philadelphia. The company on June 7 declared
a regular quarterly dividend of 2 per cent on the common stock,
and a semi-annual dividend of 4 per cent and 2 per cent extra on
the preferred. There are two other prism companies in Philadelphia
which show a product of a similar description. Some little patent
litigation has been started among the different companies, but
we are inclined to regard the Daylight Prism Co. as the leading
one in the field, and the best one from an investment standpoint.
The company actively began to push its business last spring, and
at that time increased its capital. The shares were brought out and
dealt in publicly on the Philadelphia stock exchange, and since then
the company has paid two quarterly dividents on its preferred and
common stock. The company's territorial rights include the state of
Pennsylvania and some adjoining states. The company has its glass
manufactured in Brooklyn, N.Y., and has it cut in two establishments
in Philadelphia. One ton of glass is shipped per day, and it is
expected that it will shortly establish a plant in Philadelphia,
with an increased capacity for handling its business."
—UNITED STATES INVESTOR, August 12, 1899
- "Daylight Prism Co. v. Marcus Prism Co.",
Federal Reporter 110 (1901): 980-85.
- Obsolete American securities and corporations,
Volume 1 ("old company" -> "succeeding or controlling co"):
- "Daylight Prism Company of Penna" ->
"Daylight Prism Company of America"
- "Daylight Prism Company of America" ->
"Daylight Glass Manufacturing Co."