The daily morning journal and courier., 1907-02-04
OLIVER WORKING BARD.
Conference in New York With Ten
 Other Contraetors.

Other Contractors.
 New York, Feb. civilian J. Oliver of Knoxville. Tenn, the lowest bidder for the construction work on the Pan anna canal, held conference here to- night with ten other contractors who will, it is understood, be associated with MT. Oliver in the event his bid is accepted. The purpose of the confer ence, it was said, was to discuss the formation of a corporation which would be prepared to undertake the work on the isthmus.
 Those present in addition to MT. Oliv- CT were John B. Mcdonald and John Peirce of this city; George Pierce of Maine, P. T. Walsh of the Walsh Con- tracing company of Davenport, Ia; B. P. F. Brennan of the Brennan Con struction company of Washington, D. C.; Robert Russell of New York, who has been associated with MT. Oliver in many enterprises; w. H. Sayre of the International Contracting company of New York; Charles Acker, third vice president of the Southern Railroad company; R. "A. c. Chester of the Ma tional Bank of Commerce, Washington, ID. O., and R. A. c. Smith of this city.
 MT. Oliver declined to make public the outcome of to-night's meeting, but said that something might be made public in few days.
 "A representative of MT. Oliver subse- qrently announced some plans that have been agreed upon in addition to those already made known.
 Mir. Mcdonald, who built the subway ssand who was connected with large traction interests in this city and who In the recent reorganization of the Gnterborough-Manh company, was elected vice president in charge of the subway construction will, if the corpo- ration to be formed is awarded the canal contract, have general supervi- sion of the construction work
 George Peirce and John Peirce, who have interests In the largest quarries in this country, will have charge of the mason work, and MT. Walsh will have supervision over the work of excaNa- tion. Mir. Brennan will also have por- tons of the construction work to do. Robert Russell will be, it was said, in charge of this work.
 Vice President Acker of the Southern Railroad will look after and have gen eral charge of all transportation to the canal, not only of men employed but of the machinery used.
 R. A. c. Smith and MT. Chester will have charge of the financial end of the corporation. Mir. Smith is director of the Metropolitan Street Railway com pany and is also a director and officer in many other banks and corporations.
 It was said that the contractors in the company would associate with themselves such other contractors as might seem necessary from time to time. Among others consulted tonight by the contractors named were P. F. Mccarthy, who is associated with MT, Walsh in the latter's construction o6m- pany; George O. Penney, an expert on concrete work, of Spartensburg, s. O.; L Q. Gunter, who has been associated with MT Oliver in previous enterprises, and George F. Parker, representing the Title Guaranty and Surety company, of h9Cl el1ttui1, T d' H6 ldll6r udS arranged for the $2,0OOO0O bond, although it is too large for any ono company to handle.
 The final papers for incorporation, it was said, will be drawn up tomorrow, and 1t is understood that no time will be lost in filing them. MT. Oliver has until next Wednesday to comply with the requirements of the government first, that he should associate with him at least two experienced contractors. and, second, trat he should incorporate a company with a capital of $5,00O, ,OO0 but it is understood that the govern ment will be notified tomorrow of the Incorporation of the company and it's personnel.
 One contractor who had recently re- turned from an examination of the ca- nal zone said lN thought there would be little difficulty in getting laborers, as the work could be done with those already there and those who have been arranged for
 Theodore P. Shonts, former chairman of the Panama canal commission, when seen at the Waldorf, said he had noth- ing to do with the new construction company and would not be Interested in 1t in any way.