HMCo #265p Premier

"... No. 265 [#265p] - 1908. 34ft Motor (Premier) [for] NORTH STAR. 2259.20 [Time & Materials] + 33 1/3 [% Shop Overhead] x 18% [sic, i.e. 6% Profit Margin] = [$]3199.04. [Time & Mat.:] 2259.20. [Contract Price:] 3200.00 ..." (Source: Herreshoff, N.G. Penciled untitled calculations, apparently made to determine appropriate profit margins for future cost estimates, after the death of his brother J.B. Herreshoff. Halsey C. Herreshoff Collection at the Herreshoff Marine Museum. Undated, between 1915 (when #313p, the latest boat on this list, was built) and 1919 (when #367p CORSAIR, the first launch not on this list, was built and a price for her had to be determined).)

"PRUDENCE ISLAND, R I. --- Sept 19 [1908] The windup today of the season's racing in Narragansett bay, an event for sail and motor boats held by the N. B. Y. R. A. for the first time, was a success, 19 sail craft and 13 motor boats starting.
The feature in the speed launch classes was John B. Herreshoff, the sightless boat designer, racing and winning in his new boat Premier. Mr Herreshoff directed his helmsman and engineer and though the Pearl motor led Premier, she lost to the Herreshoff boat on time allowance." (Source: Anon. "Blind Yacht Skipper Wins. J. B. Herreshoff Lands the Motor Boat Prize at Prudence Island on Time Allowance." Boston Globe, September 20, 1908, p. 11.)

"This specially designed Premier Limousine is in service by John B. Herreshoff, who is best known to the world as its foremost boat designer, ...
Herreshoff is an enthusiastic motorist, as well as a famous boat designer and builder. Lately he has purchased another Premier six-cylinder car, and also a line of six-cylinder motors to be installed as the power plants in the high-grade speed and pleasure crafts now being built by the Herreshoff Manufacturing Company. One of this type motor has been carefully tried out in one of their boats [apparently #265p Premier] for the last two years, and these particular motors are expected to attain a high rate of speed. ..." (Source: White, Roxana. "Blind Man Designs Limousine Premier for Personal Use." Indianapolis Star, May 23, 1909, p. A14.)

"[Item Description:] Penciled trial run note titled 'PREMIER [probably #265p and not #269p or #279p ?]. 2 mile' showing speeds (15.65, 15.5, 14.35, 16.5 and 16.25 miles per hour) and revolutions for 3 blade and 4 blade propellers of various pitch. On verso of printed trade card from Callender, McAuslan & Troup Co. who 'wish to announce that their Exhibitof Fine French and Domestic Lingerie will take place Tuesday, June the Ninth Nineteen Hundred Eight and respectifully invite your kind inspection of same. Providence, Rhode Island. Undated (probably ca. June 1908)." (Source: Herreshoff, N.G. (?) (creator). Trial Run Note. Halsey C. Herreshoff Collection at the Herreshoff Marine Museum Item MRDE03_01800. Folder [no #]. No date (1908-06 ??).)
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"[Item Transcription:] [Penciled calculations, apparently made by NGH to determine appropriate profit margins for future cost estimates, after the death of JBH:]
No. 313 [#313p] - 1915. 26ft Steam Lauch for CAROLA. 2255.93 [Time & Materials] + 33 1/3 [% Shop Overhead] x 50% [Profit Margin] = [$]4511.86. [Time & Mat.:] 2255.93. [Contract Price:] 4500.00
No. 294 [#294p] - 1914. 30ft Steam Lauch, Oil burning for V. Astor. 2423.49 [Time & Materials] + 33 1/3 [% Shop Overhead] x 50% [Profit Margin] = [$]4845.48. [Time & Mat.:] 2423.49. [Contract Price:] 4875.00
No. 274 [#274p] - 1910. 27ft Steam Lauch for Bath Iron Works. 2485.64 [Time & Materials] + 33 1/3 [% Shop Overhead] x 30% [Profit Margin] = [$]4308.45. [Time & Mat.:] 2485.64. [Contract Price:] 4300.00
No. 270 [#270p] - 1909. 27 1/2ft Steam Lauch for H.A.C. Taylor. 2293.59 [Time & Materials] + 33 1/3 [% Shop Overhead] x 40% [Profit Margin] = [$]4271.37. [Time & Mat.:] 2293.59. [Contract Price:] 4250.00
No. 298 [#298p] - 1914. 32ft Motor Launch for WAYFARER. Premier Motor. 3045.99 [Time & Materials] + 33 1/3 [% Shop Overhead] x 30% [Profit Margin] = [$]5257.72. [Time & Mat.:] 3045.99. [Contract Price:] 5250.00
No. 297 [#297p] - 1914. 30ft Motor Launch for WAYFARER. Stirling Motor. 2327.49 [Time & Materials] + 33 1/3 [% Shop Overhead] x 37% [Profit Margin] = [$]4251.54. [Time & Mat.:] 2327.49. [Contract Price:] 4250.00
No. 282 [#282p] - 1911. 35ft Motor Launch. 45/65 Sterling. CORSAIR. 3514.72 [Time & Materials] + 33 1/3 [% Shop Overhead] x 44% [Profit Margin] = [$]6748.26. [Time & Mat.:] 3514.72. [Contract Price:] 6750.00
No. 277 [#277p] - 1911. 30ft Motor Launch ISABEL (for LCL [L.C. Ledyard] by J.B. Webb). 2573.00 [Time & Materials] + 33 1/3 [% Shop Overhead] x 75% [Profit Margin] = [$]5903.67. [Time & Mat.:] 2573.00. [Contract Price:] 6000.00
No. 273 [#273p] - 1910. 30ft Motor Launch for M.F. Plant (Premier). 2576.78 [Time & Materials] + 33 1/3 [% Shop Overhead] x 60% [Profit Margin] = [$]5497.14. [Time & Mat.:] 2576.78. [Contract Price:] 5500.00
No. 278 [#278p] - 1910. 35ft Motor (Ideal) stock boat sold to WESTWARD. 2114.46 [Time & Materials] + 33 1/3 [% Shop Overhead] x 40% [Profit Margin] = [$]3947.00. [Time & Mat.:] 2114.46. [Contract Price:] 4000.00
No. 265 [#265p] - 1908. 34ft Motor (Premier) [for] NORTH STAR. 2259.20 [Time & Materials] + 33 1/3 [% Shop Overhead] x 18% [sic, i.e. 6% Profit Margin] = [$]3199.04. [Time & Mat.:] 2259.20. [Contract Price:] 3200.00
No. 283 [#283p] - 1911. 30ft Motor (Premier) [for] ALOHA A.C. James. 2974.84 [Time & Materials] + 33 1/3 [% Shop Overhead] x 45% [Profit Margin] = [$]5751.35. [Time & Mat.:] 2974.84. [Contract Price:] 5750.00
No. 292 [#292p] - 1912. 40ft Motor (8 cyl Sterling) [for] F.L. Dunne. 4630.47 [Time & Materials] + 33 1/3 [% Shop Overhead] x 55% [sic, i.e. 30% Profit Margin] = [$]8019.64. [Time & Mat.:] 4630.47. [Contract Price:] 8000.00
No. 296 [#296p] - 1914. 30ft Motor Launch (Stillson) Stock HMCo inventoried at 3,500. 2185.60 [Time & Materials] + 33 1/3 [% Shop Overhead] x 20% [Profit Margin] = [$]3496.95. [Time & Mat.:] 2185.60
No. 291 [#291p] - 1912. 50ft Motor Launch (2 Sterlings) Admirals Barge USN. 8141.40 [Time & Materials] + 33 1/3 [% Shop Overhead] x 18% [Profit Margin] = [$]12[8]08.57. [Time & Mat.:] 8141.40. [Contract Price:] 12000.00
No. 295 [#295p] - 1914. 19 1/2ft Motor Launch (Model E Sterling) W.K. Vanderbilt. 1240.68 [Time & Materials] + 33 1/3 [% Shop Overhead] x 22% [Profit Margin] = [$]2018.17. [Time & Mat.:] 1240.68. [Contract Price:] 2000.00
[Time & Materials:] 44757.68 [sic, i.e. 44857.68]. [Contract Price:] 80625.00
[p. 2]
[Unreadable]
Time & Material for 15 boats cost 44,757.68
adding 33 1/3% average for shop 14,919.23
makes shop cost 59,676.91
To equal contract price have to add about 35% = 20886.91733
Total 80,563.82. [Undated, between 1915 (when #313p, the latest boat on this list, was built) and 1919 (when #367p CORSAIR, the first launch not on this list, was built and a price for her had to be determined).]" (Source: Herreshoff, N.G. (?) (creator). Cost Estimate. Halsey C. Herreshoff Collection at the Herreshoff Marine Museum Item MRDED1_00160. Folder [no #]. No date (between 1915 and 1919 ?).)
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Note: This list of archival documents contains in an unedited form any and all which mention #265p Premier even if just in a cursory way. Permission to digitize, transcribe and display is gratefully acknowledged.

• North Star Jr (HMCo-made index card)
• North Star Jr (MIT Museum-made index card)
• Note: The vessel index cards comprise two sets of a total of some 3200 cards about vessels built by HMCo, with dimensions and information regarding drawings, later or former vessel names, and owners. They were compiled from HMCo's early days until 1920 and added to in later decades, apparently by Hart Nautical curator William A. Baker and his successors. While HMCo seems to have used only one set of index cards, all sorted by name and, where no name was available, by number, later users at MIT apparently divided them into two sets of cards, one sorted by vessel name, the other by vessel number and greatly expanded the number of cards. Original HMCo cards are usually lined and almost always punched with a hole at bottom center while later cards usually have no hole, are unlined, and often carry substantially less information. All cards are held by the Francis Russell Hart Nautical Collections of the MIT Museum in Cambridge, Mass.

• Premier
• Note: The L. Francis Herreshoff index cards comprise a set of some 1200 cards about vessels built by HMCo, with dimensions and / or ownership information. Apparently compiled in the early 1930s, for later HMCo-built boats like the Fishers Island 23s or the Northeast Harbor 30s are not included. Added to in later decades, apparently by L. F. Herreshoff as well as his long-time secretary Muriel Vaughn and others. Also 46 cards of L. F. Herreshoff-designed vessels. The original set of index cards is held by the Herreshoff Marine Museum and permission to display is gratefully acknowledged.

Year: 1908
E/P/S: P
No.: 265
Name: North Star Jr.
OA: 34' 0"

Source: Vermilya, Peter and Maynard Bray. "Transcription of the HMCo. Construction Record." Unpublished database, ca. 2000.

Note: The transcription of the HMCo Construction Record by Peter Vermilya and Maynard Bray was performed independently (and earlier) than that by Claas van der Linde. A comparison of the two transcriptions can be particularly useful in those many cases where the handwriting in the Construction Record is difficult to decipher.

"North Star was a steam yacht owned by Cornelius Vanderbilt." (Source: van der Linde, Claas. June 2, 2009.)

Note: Research notes contain information about a vessel that is often random and unedited but has been deemed useful for future research.