QUEEN CITY HOUSING COSTS 35% HIGHER THAN NATIONAL AVERAGE
CHITTENDEN BANK CELEBRATES 100 YEARS SINCE CHARTER
Burlington, Vermont - One hundred years ago a group of Burlingtonians
decided that a need existed for a new financial institution in Burlington.
On December 7, 1904 Chittenden County Trust Company was established and
given two years to gather the capital to start operations.
The founders of Chittenden County Trust Company were John. J. Flynn,
Edward J. Booth, J.H. Macomber, E.F. Gebhardt, W.B. McKillup, E.P.
Woodbury, A.O. Humphrey, J.S. Patrick and R.A. Cooke. On March 30, 1906,
LAKE CHAMPLAIN REGIONAL CHAMBER ANNOUNCES 21 NEW MEMBERS
BURLINGTON - The Lake Champlain Regional Chamber of Commerce is pleased to
announce the following new members for the month of October:
Analytical Services, Inc.; BD Insulation, Inc.; Boston Berkeley Group;
Central Service Towing; Epik One; Executive Rentals VT.com; FE Hart Fence
Company, Inc.; Frances Marion Watson; Jay Peak Area Association; Key
Designs, LLC; LaCarreta Mexican Restaurant; Mason Associates; Mortgage
Modest Job Market Anticipated for Burlington
December 14, 2004 Burlington area employers expect to hire at a moderate pace during the first quarter of 2005, according to the Manpower Employment Outlook Survey.
From January to March, 20% of the companies interviewed plan to hire more employees, while 17% expect to reduce their payrolls, according to Manpower spokesperson Susan Cram. Another 46% expect to maintain their current staff levels and 17% are not certain of their hiring plans.
Is Your Business A Century Old? If Yes, Then The Secretary of State Is
Looking For You!
Program Honors Vermont's Centennial Businesses
Montpelier. Secretary of State Deb Markowitz has put out a call for
nominations for the 2005 Vermont Centennial Business Awards program. The
Vermont Centennial Business Awards honors businesses that have operated in
Vermont for at least 100 years. This is a joint project of the Office of
the Secretary of State, the Vermont Chamber of Commerce and the Vermont
Criterion announces that Rick Carey has joined the company as a senior consultant. Carey will concentrate on management coaching, advising on policy and procedure and management training seminars for the public sector.
Tim Mueller, outgoing Chairman of the Vermont Business
Roundtable and President of Okemo Mountain Resort, announced the election
of the new slate of officers and board members for the coming year at the
organization's 17th Annual Membership Meeting held at Stoweflake Resort &
Conference Center on December 2nd.
The Roundtable's Officers for 2005 are: Chairman: Staige Davis,
President, Lang Associates; Vice-Chairman: Timothy R. Volk, President,
Kelliher Samets Volk; Secretary: Daria V. Mason, President and CEO,
Vermont Secretary of State
BURLINGTON, Vt.--Champlain College, a career-oriented, private college in Burlington, Vt., has named five new members to its Board of Trustees.
Dawn Bugbee, CPA, of Colchester, Vt., is chief financial officer at Northwestern Medical Center in St. Albans. Shes a member of the Vermont Association of Hospitals and Healthcare, as well as a Vermont board member of the Healthcare Financial Management Association. Shes also a member of Rotary International.
GREEN MOUNTAIN POWER
ANNOUNCES QUARTERLY DIVIDEND
COLCHESTER, VT . . . Directors of Green Mountain Power Corporation (NYSE:GMP) have announced a quarterly cash dividend of $0.22 per share on the utility's Common Stock, payable December 31, 2004 to holders of record at the close of business on December 17, 2004. The indicated annual dividend rate is $0.88.
Green Mountain Power Corporation (www.greenmountainpower.biz) is a Vermont-based energy services company serving 89,000 electric customers.
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Ehler's RV Awarded Winnebago's "Circle of Excellence Award"
Winnebago Industries, manufacturer of Winnebago and Itasca motor homes, awarded Ehlers RV of Essex Junction, VT their coveted Circle of Excellence Award for 2004.
Merchants Bancshares, Inc. Announces Special Dividend and Trust
Preferred Securities Issuance
SOUTH BURLINGTON, VT - The Board of Directors of Merchants Bancshares, Inc.
(NASDAQ: MBVT), the parent company of Merchants Bank, today declared a special
cash dividend of $4.50 per share payable December 17, 2004 to shareholders of record as
of the close of business on December 10, 2004. The total amount of this special dividend
will be approximately $28.10 million. After looking at several alternatives, Merchants