Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1899-09-07
THE JESSUP & MOORE co.
ReOrganized as Result Of Settlement Of
Mrs. Bloomfield Il, MOOfe'S Estate.
RECApITALIzED FOR $2,44O,OOO
The Largest Capital of Any
Company Here.
DAVID LINDSAY ELECTED SECRETARY

As result Of the settlement of the
estate of the late Mrs. Bloomfield III.
Moore, the Jessup & Moore Paper Co.,
which has a capital of SO, 440, 600, the
largest of any corporation engaged in
business in the State Of Delaware, has
been reorganized, the new board of Off
GERS comprising: W. Ii. Sharp of Phil
adelphia, president; S. F. Walker Of
New York, vice. president; David Lind
say of this city, secretary, and d. W.
Evans of New York, treasurer. In
addition to these, the directors are
Clarence B. Moore, Of the old board,
and u. L. Sotesbury Of Drexel & Co.,
and John Lowber Welsh OF Philadel-
phia, new members.
The estate of Bloomfield Fl. Moore
was the largest single holder under the
old company. After the death Of Mrs.
Moore her life interest in her hns-
bands estate was divided among her
two daughters, who married Swedish
counts, and her son, Clarence b.
Moore r
Drexel & Go. of Philadelphia bought
the stock of tine old concern and turned
it over to the new.
The Jessup 4 Moore Paper Co. has
always made good deal of money. 1t
was prosperous all through the depres-
sion and has never failed to pay divi-
dends on it's capital stock since its
organization. Business continues ex-
cellent, the works running day and
night. The company owns the mills at
Augustine and Rockland on the
Brandywine, and the Delaware pulp
mills on the Christiana. 1t makes all
grades of book paper.
The original firm, from which the
corporation grew, was that Of Augustus
E. Jessup of Westfeld, Mass, and
Bloomfield II. Moore of Philadelphia,
who in 1S43 formed partnership
and began the papermakine business
in the Augustine Mill, which had
formerly been used as a snuff mill
Later, the firm purchased the old
Young mill at Rockland and ran IT.
until April 9th, 1869. when it was de-
stroyed by fire. 1t was rebuilt and put
in operation again the same year. 1t
was the first mill to begin the use of
cellulose or wood pulp, and pulp made
from stray. The Rockland plant en-
braces 100 acres of land on both sides
Of the Brandywine and % houses where
the employees live.
On December 1st, 1878, the Jessup 81
huOro L dp0i W. WOE oiGhbfApSt Apo
officers being. G.. b. Moore, president; (;
ID. W. Evans of New York, vice -presi-
dent; +. W. Mcdowell Of Philadelphia,
secretary, and J. R. Moore of New
York, treasurer. 7 %f
The Delaware Mills, on a tract of
about rs acres, at the intersection Of
the Christiana and Mill Geek, were
started February, 1881.
David Lindsay, secretary OF the re-
organized company, comes of a long
line of papermakers. He was born in
Norwich, Conn.,, September 14th, 1874.
After attending school there and in
New Haven, and Montville, Conn, and
beginning to learn the papermaking
business at the latter place, he came
to Wilmington in 1865, with his uncle
Thomas Lindsay, who had been chosen
superintendent of the Aug ustine Mills.
David filled various positions accepta-
bly, and in 1870 was appointed superin-
tendent of the Augustine Mills, his
uncle removing to Indiana. Mr.. Lind
say became director and stockholder
OF the company in 1877, upon its organi-
zation aud Incorporation. For more
than quarter of century, William
Luke, now of the West Virginia Pulp
and Paper Co., was superintendent of
the Rockland Mills. John j.. Harris is
the present SUPERINTENDENT John
Saunders has had charge OF the Della
ware Pulp Works since their compile
tion.