The Montgomery advertiser., 1907-02-04
OLIVER SEES CONTRACTORS Conference as to the
 Isthrnian Canal. DIVISION OF THE WORK MT. Ackert of Southern Railway in on Deal. BiE Corporation win Re Formed se Undertake the Protect--Those As-
 aociatea With the
 Lowest Bidder.
DIVISION OF THE WORK

New York, Feb. s.--wiiliam 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, 1t is understood, be associated with him in the event that his bid ls accepted.
 said. was to discuss theformation of q corporation which would he prepared to undertake the work on the isthmus- Those present. in addition to Mir. 01f- yer. were John B. Mcdonald and John Peirce of this city, George Pierce of Maine P. T. Walsh of the Walsh Con- tracting Company, Davenport, Iowa; P. T. Brennan of the Brennan Con- struction Company of Warrington. Robert Russell of New York. who has been associated with Mr. Oliver in many enterprises; W. H. Sayre of the International Contracting Company Of New York, Charles H. Ackert. Third vice-P President of the southern Rail- way: R. c. Chester of the National Bank of Commerce.. Washington, and R. A. C. Smith of this city.
 Mr. Oliver declined to make public the outcome of tonight's meeting. but said that something might he made publicj In few days.
 A representative of Mir Oliver subsa- Quently announced some plans that have been agreed on in addition to those already made known. Mir. Mc-. Donald win, if tn corporation to hal formed is awarded the contract, have general supervision of the constructfon work. George Peirce and John PAifne. who have interests in the largest auaE ries in this country will have chmk@e of the mason work. and Mir. Walsh will have supervision oyer the work of excavation. Mir. Grammar will have portions of the construction work ta do. Robert Russell wlli be. lf ia saias in charge of this work. Vice-Pfenf- dent Ackert of the Southern Railway will look after and have general charge of all transportation to the canal, not only of men employed, but of the ma chinery used.
 R. A. c. Smith aud Mir. Chester will have charge of the financial end of the corporation. Mir. Smith is dfree~ tor of the Metropolitan Street Railway Company and also director and of. ffcer in many other banks and corpora-. tions.
 other AssOeiate Contractors.
 It was said that the contractors ln the company would associate with themselves such other contractors aa might seem necessary from time 70 time. Among others consulted tonighk by the contractors named. were P. F. Mccarthy, who Is associated with Mr. Walsh in the latters constructing cona~ pany; George O. Tennes. an expert on concrete work. of spartanburg. s. C.f l.. c. Gunter, who has been associated with Mir. Oliver in previous enteF< prises and George r. Parker. repre- sentinE the Title Guaranty and Surety Company of Scranton, Pa. The iattar has arranged for the S2.000.000 bond
 The final papers for incorporationS .. was said, will be drawn up tomor~ row. Mr. Oliver had until next Wede nesday to comply with the requires ments of the government. first that he should associate with him at leaat fwa other experienced contractors. and second. that he should incorporate g. company with e capital of $5,000.0o0. but t is, understood that the govern ment will be notified tomorrow of tha incorporation company and It's par~ sonnei
 Theodore P. shonts. former chairman of the Panama Canal Commission. when seen at the Waldorf-Astoria, said he had nothing to do with the new con@ struction company. and would not be. interested In 1t in any way.