The age-herald., 1902-05-05
BARGE COMPANY
 DISCLOSES PLANS Scope f Business Will Cover Many Different Industries WILL SHIP EVERYTHING Concern Was Organized at New Ha- ven, Conn.,, With Capital Stock
 of $s,ooo,ooo - Headquarters
 New Orleans and Tuscaloosa.
WILL SHIP EVERYTHING 6

Tuscaloosa, May 4.-(Special) )-Messrs. John and w. J. Kelly who have been op- erating the Tidewater Coal Company and who were successful in their efforts in organizing the mammoth barge line be- tween Tuscaloosa and New Orleans, yes <terday gave out much valuable informa- ton concerning the new organization to be known as the Alabama Barge Coal Company. MT. Kelly has just returned from New England where he was present when the deal was made The concern was organized in New Haven, Conn.,, thu capital stock being SS,oO0,0OO The officers of the company are J. s. Riegel presi- dent; Ex-Governor Waller, treasurer; J.. Harrison Wagner, secretary.
 Kelly brothers own one-half of the stock but hold no offices in the company The company will begin work in the very near future but there will be but little done until fall. The company have se- cured an option on Lake Borgne canal, the price if purchased to be S400,0OO.
 The scope of the business will be inn mense. They will not only handle coal but will handle timber, cotton, etc. These cargoes will be transferred at New Or leans to five different steam ship com panies, who do business all over the con tinent. All of these companies own stock in the barge line. The output of the Tide water mines is 1000 tons per month. This will be increased to the same amount per day and several other mines will be opened along the river.
 It Is very probable that this company will handle steel for the Central furnace company which is now being constructed on the Warrior just below Tidewater It is the intention of the company to have five hundred barges constructed at once. It has not yet been decided where the work will be done, but 1t is thought that the timber will be taken from this county as it has been pronounced very fine for that use. The headquarters of the com pany will probably be in New Orleans but i a large branch office will be here. MT. i Kelly left last evening for New Orleans, where he goes to close a contract for l 5000, 900 tons of coal. The shipments to begin in January, 1903. The company also l has a large contract for the delivery of i lumber to be delivered regularly at New Orleans
 l Mrs. James T. Searcy WIS palnfully hurt yesterday afternoon by being thrown against the dash board of her buggy while driving near the university. Her horse became frightened at an OK team and ran into several posts. She is painfully but not seriously injured.
 The Rev. L. O. Dawson returned from Opelika last evening. where be has been for the last two weeks conducting a series 1 of protracted meetings in the First Bap- i tist church. pr. Dawson reports a most successful meeting, there were forty-five l additions to the church.
 MT. c. A. Rogers, a Confederate veter- an, and a well known citizen of Tus- caloosa County, died while attending the reunion at Dallas. Texas. He was a resi- dent of Cooker and leaves wife and several children. His body reached here over the Mobile and Ohio railroad yes 1 terday.