The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1905-04-11
EXPORT COMPANY
NOW ORGANIZED
W. T. coAcHMAN PRESIDENT. OF
BIG coNcERN-MEETlhe
SCHEDULED FOR TO
DAY.

The jacksonville Metropolis says: |
The Naval Stores Export Company
capital $1,000,000, with headquarters
In Jacksonville, has been temporarily !
| organized with Walter f. Cochrane as
President. No better choice could |
have been made, as Mr.. Coachman is |
one of the most progressive and sue
cessful business men in Florida and
is thoroughly in touch with every fea-
ture of the naval stores trade, besides
being loyal and active friend to the
operators interests.
| Mr.. ]. p. Williams, the vice-presi-
dent, Is president of the j. P. Will
liams Company, naval stores factors
of Savannah, Jacksonville and Pensa-
cola. He is one of Georgia's wealth.
Jest citizens and is also largely inter
ested in banks AND railroads. He, too,
is known as loyal friend of naval
stores producers.
The Industrial Record. the official
naval stores paper, publishes the story
of the organization, in its issue of
yesterday, as follows:
THE capital stock OF the Naval
lStores Export Company has already
been subscribed the temporary or
ganization perfected and. the charter
. obtained
THE stockholders have been called
, to meet in the Board Of Trade rooms
in this city April 11th, next Tuesday,
; at which time the charter win be &C
~ cepted and the organization compiet-
: ed and made permanent In the tenn
porary organization, Mr. W.. r. Coach
man, vice-president Of the CONSOLIDATE
cd Naval Stores Co., and president of
!, 1.-THE Florida Bank and Trust Co., is
u lpresid'eut, and ]. P Williams, presi-
dent of the UP Williams Company,
!, naval stores factors is vice-president.
lat the stockholders meeting next
week full board OF directors wiz be
Z detected, and this board will. in turn,
leleot the permanent officers. After
this meeting the. company will be in
oondition to Immediately begin active
business operations. IS per cent OF
n the capital stock having been called
to be paid by that cate.
In the meantime, every preparation
8, looking to the interest of the company
r and toward facilitating a successful
s, business has been or is being made
Il! A large tract on the river front has
81 ocoA puICndstus lOT naval SlOT6S ydTuS
q in Jacksonville. All the railroads will
Of have tracks into these yards, and with
y the advantages of the river, naval
stores can be handled there with
I'll greater dispatch than in any Other
ssh yards in the South. Contracts fol
le tanks have also been awarded, and
Is the new company will be better pre-
s pared to handle naval stores than any
D. company in this country. Arrange
If ments for yards at both Pensacols
le and Fernandina have also been made
II, At Fernandina the lands have beer
att purchaser and improvements are al
ne ready IN process which win make ths
g handling of naval stores quickly ant
q at a minimum of expense. Contract
a. for tanks have been made at Pensa
ps cola and Fernandina, and more tank
y, will also be built in Savannah. TIL
Naval Stores Export Company vii
own q large number of tank cars also
all OF which goes to illustrate tina
10 this company, which is a producers
he organization, viii own the best locat
ed yards and the best equipped 70
he handling naval stores in the world.
at has the hearty support of al
a. the operators, most of whom ar
on stockholders, and it is the one organi
= zation that makes the trade chail
nt complete and places the operator al
% solutely in control of his own produc
h,,i from the tree to the consumer"