J. E. Caldwell & Co. Dissolved, and a New Partnership Is Formed
Philadlephia, Pa., April 3.—The most important business change in the Philadelphia trade this year was made Wednesday. The partnership agreement between the members of the firm of James E. Caldwell & Co., 902 Chestnut St., expired by limitation and Hugh B. Houston, who had charge of the fine arts department, retired from the firm. In retiring from the firm Mr. Houston will not leave the house, but will retain the direction and management of his department and will, as usual, go abroad this year on a purchasing trip.
The new partnership comprising J. Albert Caldwell, 1531 Pine St. ; Frederic Shaw, 400 W. Walnut Lane, Germantown; J. Frederick Thomas, 40 W. Walnut Lane; Edw. T. Chase, 5817 Quincy St., Germantown ; Wm. R. Eisenhower, 338 W. Duval St., and James E. Caldwell, 1531 Pine St., general partners, and Joseph H. Brazier 1803 Pine St., special partner, went in effect April 1. Mr. Brazier contributes to the common stock $200,000. The partnership articles are binding until March 31, 1905.
The new members of the firm are : J. Frederick Thomas, who has been buyer and general manager for some years ; Edward T. Chase, Wm. R. Eisenlower, who is in the diamond department, and James E. Caldwell, a young man who is related to the president of the firm.
Source: The Jewelers' Circular - 8th April 1903