New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-01-25

PLANS OF THE AMERICAN FISHERIES COM
PANY-PATENT PROCESSES TO BE USED
The American Fisheries Company has been or
eanized under The laws of the State Of New-Jer-
sey for the purpose OF acquiring the properties pe-
longing TO the leading ,nenhadcn fisheries from
Maine to Chcsa Dcake Bay. The corporation mas
capital Of $40 100000 divided into 100000 Of per
cent cumulative preferred stock and S~"W OF
common stock 1t has acquired contracts covering
the propertics Of the Round Pond Oil and Guano
Company Pemaqud oil and Guano Company o.
Maine Hawkins Brothers q Co. OF Maine ana
shelter Island: Daniel T. Church. OF Tiverton H.
l.: Luce Brothers. Of Mantle, Conn. AND Le"es
Del: James Lennen & Co., Of Long island ana
Lewes. Del: William J Rrightman & Co. OF liver
ton H. l.; Ellsworth. Tuthill Co, George r. Tut
I'M & Co. Sterling oil Works and Ranger OIL Com
pany OF Promised Land Long Island Church
Hathaway e. Co. of Maine and Massachusetts. ana
Barren Island Fertilizer and oil Works, New OK.
The company has also acquired valuable patents,
covering what is known the Stanley process. and
proposes to erect new plants OF put the machinery
covered by this process into some of the plants
in Maine Long Island and Delaware. This process
Is said obyiaie all objections urged TO the manu-
facure OF fish oil and guano. and, In addition. the
machine can be used in manufacturing refuse into
fertilizer without The objections ordinarily urged
to the usual processes Of manufacture This patents
acquired formerly owned by the Fish Oil
and Guano Syndicate. Limited Of when Lord
LuTgan is a director and chairman OF the Board.
and convey TO the American Fisheries Company
l.siNe rights for the continent of North Amer
lea
The company expects to establish factories along
the southern Coast and In the Gu.t OF Mexico. ana
4 GA the PstCinC Coast 1t proposes to erect the
plants In connection with large salmon factories.
with a view OF manufacturing the refuse into fert-
zeT. thereby saving the great waste in connection
with thai industry. II l. also believed that by the
Of hne covered 10y the patents a large
percentage of oil lost in manufacture will be
saved, and guanO or fish scrap produced carrying
much higher percentage OF ammonia and phos
pilates.
The corporation acquires. under the arrangements
referred 10. about sixteen plants and fleet OF be
tween thirty and forty steamers. All the stock
has been subscribed, One-half having been placed
in NewYork and the balance In London.
The corporation has been duly organized and
has elected the following members Of the Board
John Z. Searles. Chauncey NJ. Dopew, Charles j.
Canda, W. y. COler. lr., y. Is. church, Lord Lur-
gan. r. b. Jameson. George V. Sims and John
Jameson Cairnes The officers are as follows: Pres
ident. Charles J. Canda. Ncw-York; vice-presidcnt
F. Searles. New-York: secretary and treasurer
Winthrop NJ futile. Ncw-York; assistant treasurer
Charles Cummings Dublin: general manager. y. Il
Church. New York; general counsel. Hobbs & elf
ford No y Pne-st.. y w York
II Is the opinion OF fishermen engaged in the men
haden Industry that, result Of the cOnsolida-
tion Of interests and the acquisition OF the valu-
able patents referred TO- a large and prosperous
business wi. be developed. fields opened and
business enterprises established in other sections
OF the country.