The Paducah sun. [volume] (Paducah, Ky.) 1898-1906, 1903-12-15
THE WAYS COMBINE
The Ship Building Combine Was
a Failure.
Captain Ed Howard Organizes New
Company to Absorb the Ship
building Concern.
WILL NOT AFFECT PADUCAH

The American Rivers Shipbuilding
company was organized about year
ago and was virtually . combine of all
the marine ways plants on the Ohio
river, taking in among others the Pa
ducah marine ways, has proven q fail
ure and Captain Ed Howard, who has
held on to the stock of the concern,
has organized a new company.
Yesterdays CourierJournsl says:
Articles of incorporation Of the How
ard Shipyards company, of Jefferson
VILE, will be fled with the secretary
Of state of Indiana today, the papers
having been forwarded Saturday night
The incorporstors are Edmonds j.
Howard. Clyde Howard and James 4.
Howard. The corporate names adopt
ed is the Howard Shipyards compa-
n.y." and the object Of the formation
of the company is TO carry on the
building, manufacture ard sale of
steam boats, barges and other water
craft and to make repairs.
The amount Of the capital stock Of
the company is 500, 900, to be divid.
ed into 1000 shares of the par value
Of 600 each.
The new firm will succeed the
American Rivers Shipbuilding compa-
ny. which was incorporated in Arizo-
M November 10. 1902, by Edmonds
J. Howard, OF Jacksonville, Ind. W.
". Hazard. Of Cleveland. o., and
Edwin ID. wheelock, OF New York,
the capital stock OF which was fixed
ct s5, oos, 900.
The American Rivers Shipbuilding
company was not the success that Cap-
tain Howard Was induced to believe 10
would be, and none Of the stock ever
passed out Of tho control Of Captain
Howard and his two sons, Messrs.
Clyde and James Howard, although
the several plants owned by Captain
Howard have been operated under the
corporate name for several months.
The American Rivers Shipbuilding
company will pass out OF existence
and will have no further connection
with Captain Towards yards, which
are located at Jeifersonville, Cinoin.
natl, Madison, Ind, Paducah, KY,
and Mound City, ILL.,
Jacksonville will be the principal
Office OF the Howard Shipyards compa
ny and the plan is TO unite the plants
there and st Madison and take ovei
by lease from Captain Howard person
ally the yards at Cincinnati, Psducat
and Mound City, which is practically
an absorption Of all the industries, bu'
the ownership Of three of them will bI
vested in Captain Howard.
For some time it mas been rumorec
that Captain Howard would move the
main offices of his yards to Evansville
where fine inducements have beer
offered him in the way Of trsnsporta
ton facilities When asked about thi,
yesterday ne said it was never his in
tention to abandon his Jeffersonvill,
plant as the principal one. but he wal
still considering favorable offers tina
had been made to him at Evansville
and il was among the possibilities
that the Howard Shipyards company
might build yards at that place, which
would be operated in connection with
| the five others
The former owners OF the local ma
rire ways state that the change viii
have no effect on the local plant, a,
the deed to ii was made to Captain Ed
Howard i"dividually, and the new
company he has formed will doubtless
absorb all the plants.
THE pOWERS SENTENCE