The Birmingham age-herald., 1905-12-21
ID BREAK GROUND
 FOR LARGE PLANT Payne and Joubert Form Strong
 Company Here AN IMPORTANT INDUSTRY nd Eros,. 4L,a DaN
Mcknight Resigns From the Republic to Become Vice President and Gen eral Manager-Company Will
 Manufacture Machinery.

Articles of incorporation of the Payne and Joubert Machine and Foundry com pany will be filed today. and the com pany will commence work within thirty days on a plant at East Birmingham.
 The company will be capitalized at SlO0- 0O1 but it's expenditures will not be linn tied to that amount and MT. Payne, the president states that his concern may spend S15O,OO0 the first year.
 In connection with this story comes the announcement that R. s. Mcknight, dis trct treasurer of the Republic Iron and Steel company, has rendered his resigna- ton and will be vice president and gen eral manager of the new company. His resignation from the Republic will be effective January and he will at that time take active charge of the new industry at East Birmingham.
 The company is composed of w. E. Payne, president; R. S. Mcknight. vice president and general manager and F. l.. Joubert, secretary and treasurer. Only recently site of twenty-four acres was purchased from T. H. Aldrich at the inter- section of the Central of Georgia and the Louisville and Nashville railroads al East Birmingham at cost of s3O.O0O.
 Large Machine Shops.
 The company will erect a large ma chine shop designed principally for the manufacture of sugar mill machinery, al- though 1t will be prepared to execute-ord- CTS for machinery of any description. At first about l50 men will be employed and the number will be increased as the bus mess grows and the capacity of the plant is extended.
 MT Payne and MT. Joubert are from New Orleans, where they have an in- dustry similar to the one to be built here.
 In speaking of the project yesterday MT. Payne said:
 "our purpose is to double the capacity of the plant within the next two years at least We have plans completed for the present plant. The main building will be l50x400 feet and we will also erect offices and a pattern plant. Our first eX- penditure not including the cost of the site. will be s1OO,O0O or more and 1 would not be surprised if we spent $15o, 600 in the next year.
 Break Ground Soon.
 We will break ground in thirty days and hope to commence operating the plant within four months. or by the first of May We will melt about fifty tons of iron a day at the start, as that is to be the capacity of our cupola.
 "lne plant will be equipped with cleo tric cranes and every other modern con venience, and our tools will be the most up-to- date that we can secure, Tracks are being built into the plant from the Louis vile and Nashville and Central of Geor- gia.
 MT. Mcknight will have charge of the entire plant in Birmingham and Mr. Jou- bert and myself will remain in New Or leans. but will pay periodical visits to Blr- mingham.
 We may later add to our industry a boiler and sheet metal plant We have a plant of that kind in New Orleans and 1 believe that Birmingham is equally as good field
 N. P McCrossin Is attorney for the company and is drawing up the legal papers. Charles Bowron, well-known engineer, Is drawing the plans for the buildings and will superintend the con struction. The buildings will be of brick and steel
 MT. Mcknight who will be manager of the company. is well known in Birming ham. having been connected with the Republic company for a number of years. He has a large number of friends in the city and among the officials of the big industrial companies.