"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
- 128 South Fourth Street, Philadephia
- 42 West Balimore Street, Baltimore
"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
- Corporation formed (New Jersey, 1899): 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.
- "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.
- "Daylight Glass Manufacturing Co.—Successor
Company.—This company, with general offices at 882-384
Bourse Building, Philadelphia, claims to have been doing a good
business since its formation some eight months ago, when it bought
all the business and patents and improvements of the Daylight
Prism Co. of America, the Daylight Prism Co. of Pennsylvania and
the Daylight Glass Co. of New York. The company claims to have a
complete monopoly of the rolled sheet prism-glass business,
and announces that its attorneys are making preparations to proceed
against all infringers of its patent lights." —Commercial and Financial Chronicle · Vol. 75, No. 1954, December 6, 1902
- "DAYLIGHT GLASS MANUFACTURING CO.—Incorporated under Delaware
laws and bought out the Daylight Prism Co. of America, the Daylight Prism
Co. of Pennsylvania and the Daylight Glass Co. of New York. Its business
is that of the manufacture and sale of daylight prisms.
Capital Stock.—$3,000,000. Par, $100.
Management.—Officers: Thos. W. Synnott, Pres.; Samuel B. Vrooman,
Vice-Pres.; James H. Hayes, Sec. & Treas.
Annual meeting, March 16.
Office, 382 Bourse Bldg., Philadelphia, Pa."
—Moody's Manual of Railroads and Corporation Securities, 1905
- "DAYLIGHT GLASS MFG. CO. V. AMERICAN PRISMATIC LIGHT CO."
—United States Circuit Courts of Appeals Reports, 1906
- "BALLANTINE v. CUMMINGS et al.",
Superior Court of Pennsylvania via Atlantic Reporter, 1908