The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1894-09-07
) AN EASTERN SYNDICATE
Has Purchased the Plant of the
c. c. & w. Co. and will
Manufacture Wagons.

for a transfer of the Corvallis Carriage and
Wagon works to syndicate of Eastern
capitalists, consisting of Colonel IL. b.
Burgh and J. F. Robson, of Rock Island,
Ill, and A. L. Lyford and William Uhl-
man, of Moline, ILL.,, who came here about
two weeks ago with a view to censummat-
ing deal for the purchase of the plant,
if found as represented. 1t will be remem-
bered that the factory sold last April
to a syndicate of creditors, fol whom c. I
Brace, of st. Louis was appointed trustee.
Since that time the business has been un-
der the personal management of e. III
Gleim. Upon personal inspection of the
works everything was found satisfactory,
and Mr. Brace. who accompanied the pur
chasers to Corvallis, hopes to make the
formal transfer within week or ten days.
All that is necessary for final consumma
tion of the deal is the interchange of the
necessary legal papers and this requires
some little time;as the present owners are
scattered I'll over the states.
These Eastern gentlemen are old friends
or ac9ua;ntances of Mr.. Gleim, who, se7-
eral years ago, associated in business
with Mr.. Lyford in the state of Illinois,
and to his efforts is largely due the credit
of bringing about the pending negotiations.
MIR. Lyford, who wilt act as manager for
the new company, was seen by GAZETTE
reporter and asked as to the company's
future plans. He stated that the business
,,rould ha y,l,cad op n snund financial basiS
and in addition to the manufacture of car
riages and bugges their output in the future
would also include farm wagons. It will
be their intention to increase the force as
rapidly as the trade will justify. Wagons
are manufa,t red onwhere on the coast
and Mr.. Lyford is of the opinion that they
will be able to build them here as cheaply
as in the East and that they construct
a wagon that will better suit the needs of
the coast trade than any now on the mar.
ket. Further than this he did not care to
discuss their plans until after the formal
transfer.
1t is expected that the factory will lie
run to its fullest capacity and that at least
100 men will be employed as soon as the
new management assume full control.
Already men are on the road taking orders
and market for their vehicles sought in
California, Oregon, Washington and Idaho.
Mr.. Uhlman, one of the new purchasers,
now has charge of the mechanical departs
ment of the factory and will be the new
company's superintendent. For twenty
five years prior to coming to Corvallis he
was employed in the Moline wagon works,
during the last eighteen years of which he
served the company in the capacity of
foreman. The ripe experience of Mr..
Uhlmau in this line of work, combined
with the business tact and financial ability
of his associates, which they have attained
by years of experience in manufacturing
pursuits, gives to the new management
those essentials of success which have
been lacking in the past Mr.. Brace,
trustees for the syndicate OF creditors who
purchased the factory last spring, says that
the new company is composed of men of
abundant means who will Immediately
place the concern on solil footing. They
are regarded by him as the best persons
into whose control the factory could posi-
bly, have fallen to insure it's usefulness,
thrift and perpetuity, as well as its bene-
ficial effect ON the future of our city. The
factory was originally built by local share
holders, and while they have individually
lest $50 900 in the enterprise, the commu-
nifty will be greatly benefited by their
efforts in starting it.
Colonel Burgh left for his home in Rock
Island last Friday. He expects to dispose
of his business interests there during the
winter and in the spring will return with
his family to become permanent resident
of Webfoot. Mr.. Lyford returned home
yesterday but intends to come back in a
few weeks with his. family and will locate
in Corvallis. His family, however, may take
up their residence in Portland MIR. Robi-
son left last week to join his wife who is Wis.
iting friends in California. Mr. Uhlmau ex-
poets his family in few weeks and will
reside in Corvallis.
By consummation of the pending nego-
tiations Corvallis will be benefited by the
investment of Eastern capital and will
cause her to grow in wealth and CONNER
clal Importance. But better than all, her
population will be augm ented by the settle
ment in her midst of several families of in.
telligence and refinement. The GAZETTE
joins the people of Corvallis in welcoming
them to our city and also in wishing the
new management full measure of pros.
perity.
The Jail Matter