Crescent Braid Company, Inc. in Providence, RI, incorporated in the State of Rhode Island in 1918. Their main product was shoe laces. 1 In 1921 an article in "The Shoe Repairer and Dealer" the company is listed as having moved from 407 Pine Street 4 in Providence to 444 Wellington Ave. 2
In "The Annual Report of Factory Inspections made to the General Assembly in 1922", Crescent Braid employed 2 men and 9 women. And execeent sanitary conditions. 3
In December of 1924 ads begin to show up in the Radio Magazines lising them as makers of premier Blue Ribbon extension cords, premier, jr extension cords and phone cords for headsets and loud speakers. It actually makes sense since headphone and speaker cords look like shoe laces with a conductor inside. None of the ads list an address but we can assume it was done in the 444 Wellington Ave location. These ads run through the Spring of 1926.
In 1925 we see a listing for 1012 Eddy Street in Providence. This listing includes a incorporation date of 1917 and a capital of 100,000. Also, president and treasurer is listed as Milton C Sapinsley and their poduct is shoe laces. 5
Their location and product described as braids continue in 1926 at the 1012 Eddy Street Location 6. It is in 1927 that we see a change to the company with it's move to 289 Thurbers Avenue, a incorporation date of 1926 with a capital of 100 shares, no par value and a president change to I J Schwed with E S Sapinsley now listed as Secretary. It is this listing that also is the beginning of their business being described as Wire Manufacturers. 7 The president and address change and incoporation date change may indicate a new company or the old company being purchased.
In the 1930 directory we find out that the presidents full name is Isaac J Schwed and the company has moved to 116 Elm St 8. In 1930 there is another listing that still has Milton C Sapinsley at secretary and treasurer 9.
1931 listings still show Sapinsley as Secretary and Treasurer 10 and then again in 1932 but with the addition of Automotive wires to their radio wires 11
The 1933 listing for Crescent shows them as having moved to 75 Eagle Street 12 and continuing to be there in 1935 13
In 1942 14, 1943 15, and 1944 16
I fond an intersting listing for Mrs Violet Coyle, one of Crescent Braid's braiders, but not the company itself. The leads me to believe the compnay may still have been in businees as late as 1944.
1 Acts and Resolves passed by the General Assembly of the State of Rhode Island
2 Textile World, October 22, 1921
3 Annual Report of Factory Inspection to the Rhode Island General Assembly, 1922
4 Providence Directory, 1919
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