MEL - ROSE - GLEN
THE VOICE OF MELROSE AND GLENN MILLS
Volume 1
MELROSE HOSIERY MILLS
(Seamless and Full Fashion Plants)
HIGH POINT, N. C., MARCH ISSUE
GLENN HOSIERY MILLS
(Infants' and Misses* Goods)
No. 7
Employees'Views of Melrose Credit Union Established
ELIZABETH CLINARD WRITES WINNER OF
NUMEROUS EXPRESSIONS OF CONFIDENCE
Editors Note: In response to notices placed on bulletin boards the
tollowing letters were voluntarily submitted:
MELROSE AND THE FUTURE
I have confidence in the future of Melrose because I am judg
ing the future of the Company by its record of the past and the
present.
During my five and a half years of employment with this firm
I have observed that it is a progressive and systematic business
which is the result of an efficient management.
Even at the present time when progress is restricted due to
war conditions, our Company has advanced by the addition of the
Personnel Department which serves as a common denominator
between employer and employee.
.When the war is ended and normal conditions are restored,
I can visualize our Company expanding. When new machinery is
available again, I feel sure that our plants will be among the first
to install it and that seniority rights will be respected.
If an increase in wages is allowed and prevails, I feel we will
be given consideration.
EUZABETH CLINARD
Full Fashioned Plant Loof)er.
*****
WHY I LIKE TO WORK AT MELROSE
The business is built on friendly relations and the strength of
the organization comes through believing in one another, and doing
things together. Management, Personnel and supervisory staffs are
friendly leaders in the business. Steady employment is secured,
workers are assisted in every way possible, higher wages are se
cured because payment is based upon output, skill and efficiency.
Our Company stands firmly on right principles, and respects
the rights and principles of others. In our plant orderly surround
ings, our work attractive, and causes workers to take a greater
interest in getting things done together.
Such conditions are marks of progressiveness and opportunity
within the organization and causes us to feel that we have a busi
ness home which we can respect, and feel confident that we have
a job on which we can rely.
This is why I like to work here.
BERTHA COLTRANE.
^ ^ ^ ^
WORKING CONDITIONS
I have been an employee of the Melrose for almost four years.
I can look back over that period of time and see how the working
conditions have improved and can appreciate the changes that have
been made to make our Company a safer and better place to work.
We want to thank those responsible for the Recreation Hall,
Dressing Room, cleaning and painting, and things too numerous
to mention. If the management is willing to give us these things,
we want them to know that we really appreciate these improve
ments, and will cooperate in every way we can.
I use the form “we” because I believe everyone feels the same
way about it.
We can and will not stop until we have succeeded in making
our company one of the best.
THELMA ROBERTSON.
*****
THE SPIRIT OF MELROSE
Very briefly, I want to express my views as to why I like Mel
rose and why I hope to continue working here.
(Continued on Page 6)
OFFICERS ELECTED AND ORGANIZATION
FORMED; WILL SERVE ALL THREE PLANTS
Melrose-Glenn Credit Union was set up February 26th. The
field of membership is limited to employees of Melrose and Glenn
Hosiery Mills, organization of such employees (clubs, etc.) and/or
members of ther immediate families (that is, children may start sav
ings accounts.)
A nine-member board of directors are elected, as follows: Carl
Barker, R. J. Miller, Minnie Justice, Seamless Plant; Mrs. Genia
Hauser, Charlie Dyer, Gladys Dawson, of Glenn Plant; W. F. Work
man, Ida Travis and Kathryn Sanders, of Full Fashion Plant. The
Board will meet on the first Saturday of each month. The annual
meeting of the Credit Union will be the second Monday in January.
The loan Committee follows: Pauline Jones, Glenn; John Travis,
Full Fashion, and Carl Culler, Seamless.
The collectors are: John Daves, Glenn; Maxine Hobby, Full Fash
ion, and Joe Seigler, Seamless.
Milford Smith is Bookkeeper-Treasurer.
The Supervisory Committee, whose duty it will be to audit books,
is: Helen Sheffield, Seamless; Mary Edna Eller, Glenn, and Dica
Young, of Full Fashion.
FACTS IN A NUTSHELL ABOUT CREDIT UNIONS
What is a Credit Union? It is true cooperative thrift and loan
organization belonging to and absolutely under the control and man
agement of its members. Each member has one and only one vote.
SAVINGS
How does one become a member? By paying an entrance fee
of 25 cents, plus payment as can be made on a share or shares. Pay
ments on shares may be made in amounts as small as 25 cents.
A share is a unit of $5.00.
Is money invested in the Credit Union safe? The record for
safety among Credit Unions is exceptionally good. The treasurer is
bonded—all money received by him is promptly deposited in a bank
selected by the directors, the accounts are regularly audited by the
examiner of the Credit Union Division.
What other safeguards are there? Disbursements are made by
check signed by tw> Credit Union officials; books are chocked quar
terly by the organization’s Supervisory Committee; 25 per cent of
the net earnings each year go into the Reserve Fund; the record
of safety through all the years of operation (including the depression
years) is unparalleled.
Does the Credit Union issue certificates of stock? No. Eiach
member is given a pass book in which all transactions are recorded
by the treasurer.
Is there any other capital or money invested? No. The funds
are accumulated from the savings of members.
Do members or shareholders have additional liability? No. They
are not liable for any debts or obligations of the Credit Union be
yond what they have in it.
Is interest paid on savings? While a set rate of interest is not
paid on savings, dividends up to a maximum of six per cent are fre
quently paid.
How is money used? For the benefit of the members exclusively,
loans being made only on the approval of the Credit Committee.
WITHDRAWALS
How can earnings be withdrawn? Savings may be withdrawn
in whole, or in part, at any time by merely making application to
the treasurer.
LOANS
How may a loan be obtained? Loans are made only to members.
(Continued on Page 6)
MELROSE SALES FORCE
Reading from left to right, Mr.
Bill Guion, New York office, who
came with Melrose in 1937. Mr.
Neal Kearns, Southern and South
western territory, who came with
Melrose in 1938. Mr. Sam Dia
mond, Chicag-o Office, who came
with the Melrose in 1939. R. Ken
ner Amos, Sales iManager, who
eame with Melrose in 1929. Mr. W.
E. Mitchell, General Manager, who
came with the Melrose in 1928.
Mr. W. A. Burton, New York of
fice, came in 1930.
iMr. Gordon Regar, who is not
shown in the picture, is represent
ative for Melrose in Los Angeles.
We hope to have Mr. Regar’s pic
ture for the May issue.