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The first 45 years of Phoenix history

1902 The Phoenix Drug Store was established and opened on November ht, 1902. It was the first business to be illuminated by electricity, this was generated by its own plant on the premises.

purchased by a Mr. Grantham.

1902 The Phoenix Drug Store was established and opened on November ht, 1902. It was the first business to be illuminated by electricity, this was generated by its own plant on the premises. That night the verandahs were ablaze with light -- a strange spectacle in those days of gas and oil illumination. People gathered from miles around to witness what was thought to be another Guy Fawkes display.

1910 The Bermuda Drug Company was formed with The Phoenix as the flagship of the building retail business. Principal shareholders being Laurion Conway Trott, Howard Mercer and William James Young.

1914 The Phoenix became part of the US Rexall Drug Store family. This was surely one of the first franchises in Bermuda.

1922 The Bermuda Drug Company Ltd. was formally incorporated into a limited liability company under Bermuda Law and the first Board of Directors was elected on October 30th 1922 and they were: Laurion Conway Trott, William James Young, Hoard C. Mercer, Francis Aline Young, Mabel T. Mercer, Frances Jauncey Freeland Trott and Miss N.T. Smith was re-elected auditor.

1928 The Famous Phoenix Clock purchased for the sum of five hundred pounds from Duncan McColl Doe, a jeweller from Hamilton. The bill of sale also included numerous other shop fittings. Prior to this purchase the clock had resided on Front Street and on the top of Queen Street.

1932 John Gibson Young graduates from the Albany College of Pharmacy as a pharmacist and returns to Bermuda to start working as a Pharmacist at the Phoenix Drug Store.

1933 Bermuda General Agency (developed as the wholesale arm of the business) sets up business in a building on the corner of Church and Parliament Streets.

1935 John Gibson Young and Reid Conway Trott join the Bermuda Drug Company Ltd.

Board and the three ladies retired. Frank Titshall was appointed auditor.

1937 On October 14th 1937, John Gibson Young, son of founder William James Young, marries Elsie Freeland Trott, daughter of founder, Laurion Conway Trott.

1938 Gibson Ward Young born on December 8th 1938.

1939 World War II begins. John Gibson Young enters Bermuda Voluntary Rifle Corp finishes as adjutant with the rank of Captain.

1940 William James Young and Laurion Conway Trott appointed as joint managers of the company. Reid Trott Young born on December 18th 1940.

1945 A fifty-percent stock dividend was declared.

1946 Ewing Trott's services not required after May 31st 1946. R. Conway Mayor Trott and Laurion Conway Trott resign as employees on June 30th 1946. William James Young resigns August 31st 1946. Howard Mercer resigns as mediator as of August 31st 1946 and is paid the sum of twenty-five pounds. All three individuals paid the sum of twenty-five pounds. All three individuals paid the sum of seventy-five pounds for a period of two years.

Laurion Conway Trott and William James Young remain as directors. John Gibson Young is made General Manager.

L. Mercer Ward replaced Leon N. Perenchief on the Board and Mr. F.W. Williams was appointed auditor.

Wartime supplies commission approached with a review to revising markup percentage.

1947 Horace Ward joined the Board in place of Mr. Benoni Mello. Chemists hired at one thousand pounds per annum.

Reid Hall sold to the Trott Family at a price of sixty thousand pounds by a debenture issue at 4 percent per annum. Sale of Phoenix Building by H.A. & E.

Smiths for sixty-two thousand and fifty pounds rejected.

Executive: Ward Young, chairman of BDC Ltd., the parent company of Phoenix Stores Ltd. By the year 2000 all of the Phoenix Stores Ltd. will be state-of-the art.

Antique : The famous 1928 Phoenix Clock purchased for 500 pounds from Duncan McColl Doe, a jeweller from Hamilton.

Cute face : Child model, Megan Lopes, strikes a pretty pose.

BUSINESS BUC