for sixty consecutive years been honored with election to an
executive office of the Stanley Works in New Britain and a good
share of that time holding two important such capacities at
once, William H. Hart, eighty years old, resigned as president
on February 16 at the annual meeting of the stockholders.
He accepted a newly created office of chairman of the board of
George P. Hart, son of William H. Hart, was elected to fill the
presidency made vacant by his father’s resignation.
E. Allen Moore, his son-in law, was made vice-president. Another
son of Chairman Hart, Walter H. Hart, was elected to the newly
created position of assistant secretary.
The record of William H. Hart in the metal manufacturing world
is probably unequaled by any other man in the United States. He
became secretary treasurer of the Stanley Works on May 16, 1854,
having just reached his majority.
He is now eighty years old and will observe his eighty-first
birthday on July 25. When he first became identified with the
Stanley Works it was a small plant capitalized at $30,000. Today
its capital is $2,500,000. For thirty years Mr. Hart held the
offices of secretary and treasurer and then retired from the
secretary’s position, but continued as treasurer until May 16,
1904, rounding out a full half century.
Previous to this, however, in 1885, he had been elected
president as well, so that he held the offices of president and
treasurer from that date until 1904. Since then he has been
In a reminiscent mood Mr. Hart gave THE METAL INDUSTRY
correspondent a brief resume of the Stanley Works up to date.
This company was organized under the joint stock laws of the
state in August, 1852, with the modest capital of $30,000.
F. T. Stanley was president, and to him Mr. Hart gives
nine-tenths of the credit as founder of the company.
During the early sixties and seventies the company escaped
bankruptcy by the narrowest of margins, but later recovered and
soon after put cut of business about twenty concerns making
hinges and butts.
“During the past twenty-five years, says Mr. Hart “there has
been a steady growth and as the business has increased my
associates have willingly assumed additional responsibilities to
match this increase."
Metal Finishing: Preparation, Electroplating, Coating, Vol.13,
(New York: The Metal Industry Publishing Co.)