The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1904-03-02
King & Company. of Chica-
60, Extensive Coal Operators, are
the Purchdsers---DeaI Closed
March | and the Mines
Turned Over.
One of Finest Plants in This District With Large
Acreage-LocaI Management Retained De-
Will Become Much More Extensive

| A coal deal Of much magnitude and
great importance so far as active and ex.
tensive development is concerned, was
consummated here Tuesday evening,
late, and the solon-Lowery Coal Com
pany's mine, at Wolf Summit, this
county, now has a new ownership. The
deal has been on many days but II was
not until Tuesday night that il was con-
snmmated, although earlier in the week
it was known that 1t would be-
The purchasers are o'Gara, King &
Company, of Chicago, who are extensive
coal mine operators and dealers. The
price is not known but ii is understood
to have been good round sum, since
the property is very valuable one.
The company that has acquired this
/ property took active charge Of 1t at once
and will continue and largely increase
the development. 1t Is one OF the most
capable, reliable anu energetic companies
in the country, and has extensive hold
ings in other states, especially in llli-
nois, where it has five mines in active
operation, and in Indiana, where they
run two mines.
The present production Of the mines
Of the company, including the mine just
purchased, is G,000 tons day. The
mine at Wolf Summit win have capa-
,ity OF 1000 tons day, when put into
full operation
The property acquired is one Of the
best in the district. The plant is mod
,rnly equipped and has no superior in The
district, while the acreage Is large and
the coal of fine quality. Ground nas
broken two years ago for the mine and
it was completed twelve months ago.
since which time Messrs. Solon and
I,owery have e-been operating il. Il j.
situated on the Parkersburg branch Of
The Baltimore & Ohio Railroad, giving it
vi the necessary transportation facili-
ties.
Messrs. Scion and Lawery, when they
hrst came TO this state, opened and op-
rated the Solon mines at Shinnston,
until two years ago. when they sold that
property ~ the Fairmont Coal com
pany. Then they obtained the Wolf
Summit paoperty and established
plant there. They are experienced
operators and have attained much
success. AS business men they have
won host Of friends In Clarksburg by
their honorable methods and fair
ealing.
Amung the officers OF the purchas-
ng company is T. J. o'Gara, OF Chi
ago, president; and G. r. Campbell,
who represented the company in the
negotiations, Is the general superln-
tendent with main Offices In Chicago.
He has also general charge of the
sales.
The local management Of the mines
win be retained. These officials are
II. Deem Beery, an experienced gem
sleman in the business and on. pos
sessing great business acumen as well
as clever executive ability. Another
official retained is M. Mannix, mine
superintendent. Mr.. Beery will con-
tinue to have his offices here, but
ales will be made from the Chicago
office as is the custom OF the COM
pany.
Mr.. Campbell, who has been here
or several days closing the negotia-
lions, leaves tonight for the east to
look after matters pertaining to an
advance step in the operation OF the
plant.