“The Crompton Loom Works, under which name the late George Crompton built up a large and profitable business, one of the largest and most important in Worcester, was last week incorporated under the old name. Its business, as heretofore, will be the building of textile machinery, and it starts off with large orders and the promise of a highly successful year. Since Mr. Crompton’s death, in December, 1886, the business has been conducted under the administratrix of the estate, Mrs. Mary C. Crompton. The corporation has paid-up capital of $550,000. The stock is held by the Crompton family and a few of the late Mr. Crompton’s business associates. The officers of the corporation are: President, M. C. Crompton; vice-president and manager, Horace Wyman; secretary and treasurer, Justin A. Ware; directors, M. C. Crompton, I. M. Crompton, Charles Crompton, Horace Wyman, W. W. Rice, Justin A. Ware.”

Reference Data:

Fibre & Fabric: A Record of American Textile Industries..., Vol. 7, 1888, page 28