Notes |
- Niagara Gazette
Word has been
the death of John
87, a Niagara Falls native who
was vice president, treasurer
and director of Acheson
Graphite Co. until it was
dissolved in 1944.
Mr. Deringer, who was born
here Nov. 22, 1882, the eldest
son of John W. and Margaret
Wagner Deringer, died i n
Kintnersville, Pa. Jan. 8, 1970.
Surviving are a daughter,
Mrs. Griselda Plater o f
Kintnersville; a grandson, and
a sister, Mrs. William G.
Smale, Niagara Falls.
Mr. Deringer dictated facts
about himself to a local law
office in 1967.
He noted he went to grammar
school from the age of 6 to
13.
During the Grover Cleveland
administration his father, a
carpenter, could not find work
and since the family drew the
line at applying to the county
relief officer, he went to work
as an office boy at the Carter-
Crume Co., which is now Moore
Business Forms Inc.
He was engaged at $2.50 a
week and almost at once
started at night school studying
accounting and shorthand. A
short time later he was put
in charge of the Carter-Crume
order department.
Three years later he applied
to the new Acheson Graphite
Co. and he said that because
the delivery of equipment was
late, for two months he and
the son of the furnace man
worked s e p a r a t i n g carborundum
from graphite for
test purposes.
A Mr. Collins, who was in
charge, had to let him go but
promised he would be given a
job back if he needed one.
He next applied to t he
Niagara Silver Co. got a job
as office boy and a few months
later was made an aide to the
bookkeeper and another boy
was hired to take his place.
"After five years of poor
wages, I finally decided that
wages would be slow unless I
joined the Baptist Church," he
said.
At the age of- 21, in the year
1904, he rejoined Acheson.
He became assistant to Frank
Coe, the treasurer, and when
Acheson Oildag Co. was formed
he was asked by Dr. Acheson
if he cared to move to Port
Huron, Mich.
Mr. Deringer became
treasurer of the new company
and in 1912 he became a member
of a delegation going to
London to open a new Acheson
office. He was named secretary
to the company with the duty
of treasurer in England.
In 1925 Mr. Deringer became
company treasurer in New York
City.
In 1944 the Acheson Corp.
was dissolved "for President
Roosevelt was planning to adopt
a much higher tax on intercorporate
dividends than previously,
which would hit us very
hard for all the dividends the
family owned passed through
our funds."
Be was vice p r e s i d e n t ,
treasurer and director of
Acheson at the time.
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