Salt Lake Telegram | 1902-02-21 | Page 2 | Asphalt Trust May Invade Pacific Coast

r S ASPHALT TRUST MAY INVADE PACIFIC COAST f. f Under Reorganization Plan One of Three Central t Companies Will Be Established in the West f i i I J j jN jj j N V YORK Feb 21 It It Is becoming quite apparent that the receivers for the re reorganization re re- f. f making comprehensive plan f of ot c collapsed lapsed asphalt companies are a organization rg l atlon of the constituent companies of the trust Concentration of the 1 business 1 Thes er seems seems to be the great Impelling motive as thereby the expenses of S be reduced thus enabling cheaper work to be bo performed management will jt concentration Is to be accomplished d by establishing three threeS V it It Is s stated that central companies one on tho the Pacific coast another on the At Atlantic Atlantia coast and nd S the fe hird In the Middle West This plan wilt will wm Involve the abandonment of companies It Is possible and operating many many of th the sixty-nine sixty underlying op finally noted above aboe may however that the plan of ot three central companies the company the reV reorganized re reorganized re- re Into one company of all the separate concerns to S give way a a. merger I V organized National Asphalt company I the protective committee ab about l t with Up to date there have been deposited J i S Jt i SIS of Asphalt of America 5 per cent bonds bond's I