Deseret Evening News | 1901-05-01 | Page 8 | A $50,000,000 Consolidation

A I Combination of or mi Machinery minces New IJ York May Mn In I The Herald soya All time the connected with the formation lion lent of ot the consolida consolidation Ida lion tion of mining machinery engine manufacturers having been heln arranged now no comes nn an announcement that the tue new company will number among lunon Its dIrectors Cornelius hilt tho the Inventor of ot the Vanderbilt locomotive firebox who It Is stated will take a a prominent position III In the th operation of or the tho affairs Young Mr ul Ir r with the th projected company Is generally as nil ascribed to the utility of ot Imis hll Invention which has hare adopted by b several rail railroads roads rotIs Including the New York Central and rural Oliver the Union Pacific and the 1111 ft Ohio Incidentally he lie will be 10 one of oC the thc large 1 stockholders of If the new now om 1111 n Mr I r 11 the th board of ot directors of ot the com corn company compan pony pan time thE name selected for tor the Ihl combi combination nation wIll Mill 11 consist of oC Judge i K H II Orny Ora Jam i pre president UI nt of or time Na XII National City bank bunk Win K g tend Stead of ot Co 0 Wm m L I Elkins of or Philadelphia Henry Vi V HOI Hoyt of ot Chi Chicago ChiAgO cage AgO Max Iam Patu general ral counsel of ot th the American Steil l ft Wire iro company compan Vm Wm W IA Chas ehu has I n Frank O 1 lII llo nail and M I D 13 Cox The presence of at Judge ar anti anil Mr r Pam In tin till board boar has hall hin ben been taken taen by Rome 10 III l to mean menn that Uv thi combination will lil he be closely close allied with tIme the big steel combination but bill has hIlS Ste elc of ot J P 1 I Morgan Co 0 denied that t the time proposed combInatIon would lx be connected with Ith the great steel company COIn all