Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-01-27
WILL COMBINE.
THE BENwOOD, BELMONT AND WHEELING
MILLS TO CONE TOGETHER.
Unanimous Vote on the Part Of the BenwOOd
and Belmont Stockholders Yestsrday-Direc-
tors Of Other Organizations Elected.

BenWood, Belmont and wheeling Iron
and Nail Companies which also includes
the Wheeling Steel Plant, and the move
ments have been eagerly watched. 1t
is largely to view of economy that the
change is to take place, and the move
seems to be generally favored by the
stockholders.
One Of the largest meetings OF stock
holders Of the Belmont Iron and Nail
Company ever convened was held at the
Office Of the Company yesterday, 1856
shares of the capital stock being repre-
sented. Aside from the regular election
of Directors and the transaction Of such
other business as might properly come
before the meeting, unusual interest was
lent the occasion by the fact that the
matter of the proposed consolidation
with the Wheeling Iron and Nail Com
pany, the Wheeling Steel Company and
the Benwood Iron Company was to
come up for action. The details of this
consolidation, the reasons assigned for
its formation and the benefits expected
to accrue from it, have been heretofore
set forth in the REGISTER and our
readers are, therefore, familiar with
the general situation. After the
matter had been discussed
and explained at the meeting yesterday,
it was unanimously agreed by the stock
holders present that the project should
be endorsed, and formal action to that
end was taken. The old stockholders
are given until March 1st to give their
assent to the proposition. II any stock
holder objects, the Belmont Iron and
Nail Company will at once wind up its
affairs and go out Of business. There
must be unanimous consent for the
Company to go in as a Company. Inc
new Company, made up OF the three
old Companies as named above, Will De
known as the Wheeling Iron and Steel
Company, and the interests, plants, and
business of the present corporations will
be thoroughly amalgamated into the
new concern, the capital stock OF which
is limited to five million dollars.
Before adjourning, the stockholders
reelected the old Board Of Directors,
as follows: Joseph Bell, J. c. Thomas,
A. Wilson Kelley, Thos. O'Brien, w. +.
Stifel, J. g. Hoffman,, Jr. and Edward
Ried.
Last evenidg there was a meeting of
the stockholders of the Benwood Iron
Works, and the following stockholders
were elected for the ensuing year: John
G. Hoffman, ST., L. S. Delaplaine, Geo.
B. Caldwell, Z. w. Paxton, L. G. Stifel
and A. w. Campbell. There wese rep
resented at the meeting ALSO shares
out of total Of $500. On the matter
of consolidation, the report Of the COM
mittee as to plans and methods, similar
to those presented to the Belmont mill
was laid before the shareholders pres
ent, who voted unanimously In favor OF
them.
To-day at . clock the stockholders OF
the Wheeling Iron and Nail Company
meet to elect directors, and also to act
on the matter Of the consolidation, ana
there is but little doubt the action will
be favorable.
OTHER DIRECTORS ELECTED.
At meeting of the stockholders OF
the Wheeling Pottery Company, held
on Monday, the following directors
were elected: E. NJ. Pearson, George
K. Wheat, VIM. Kirbach, George Wise,
j. N. Vance, Il. G. Franzheim and w.
A. Isett.
At meeting Of the stockholders Of
the Fostoria Glass Company, held at
Moundsville yesterday the following di-
rectors were elected:-L. B. Martin, Q.
w. Beam, w. S. Brady, ]. j. Jones, j.
Kearns.
At meeting of the stockholders OF
the Hanna aud Clemens Paper Company
yesterday the following directors were
elected:-Thos. Hanna, d. Clemens, A.
M, Hanna, B. s. Allison and j. 5. Hall;
by Directors Thos. Hanna, President;
and j. S. Hall, Secretary in place OF
Eugene List, resigned.
The Fire and Marine Insurance Com
pany elected the following Board of d.
rectors yesterday, which is the same as
last year, with the exception Of Mr..
Comp: C. J. Rawllng, Alfred Caldwell,
G.. A. Beuter, NJ. LETTERS, John j. Jones,
Frank Booth, w. NJ. List, w. A. Will
son, Charles H. Copp.
The Wheeling Hinge Company elect
ed directors yesterday as follows: G. j.
Rawling, G. K. Hubbard, John M.
Brown, George NJ. Ford, @. A. Robin
son, j. A. Cecil, ]. @. Brady. The Dr.
rectorS afterward met and elected G. j.
Rawling, President; G. M. Ford, Treas
urer; j. c. Brady, Secretary and Man
ager.
The stockholders in the Bloch Bros
Tobacco Company held meeting for the
annual election Of officers yesterday
afternoon. The old Board Of Directors
was unanimously reelected. ltwas de-
cided to make extensive Improvements
and additions to the plant during the
coming year, with view to increasing
the capacity, and making the equipment
second to none in the country. The
business done during the past year was
entirely satisfactory, and showed a
steady increase. As soon as the weather
will permit, seven story brick building
will be erected on the northeast corner
of the property owned by the Company.
This will be used for manufacturing
and storage, ant will increase the capac-
ity of the factory fully 80 per cent.
Another improvement decided upon at
Yesterdays meeting, is an electric light
plant, which will be placed In the build
in a very short time. The style Of plant
has not yet been selected but will be In
few days.