New-York tribune., 1910-07-29
s2O,OOO,OOO COMPANY
Directors Control Many Existing
Cotton Textile Factories.
M. c. TAYLOR IS PRESIDENT
New Corporation Will, He Says,
Sell 5000 Varieties of
Cotton Fabrics.

Announcement Of the incorporation Of
new s20o00.aoo cotton company was made
Yesterday by Myron c. Taylor president of
the new concern. The International Cotton
Mills Corporation has been incorporated
under the laws Of the State Of New York.
and the capital is divided into s1o,oo0ooo Z
per cent cumulative preferred STOCK ana
s10.oooo 600 common stock
The company will acquire, either by di-
rect ownership or by stock control, certain
textile mills and sales and distributing Of
fees located in this country and Canada, "
Mr. Taylor said. which together manu-
facture and sell some three thousand varie-
ties of cotton fabrics-probabIy a greater
diversity of cotton fabrics than any other
concern.
a number Of prominent New England,
New York and Baltimore mill men are
identified with the new company and will
control its management.
The names of the directors of the COM
nany indicate that the new corporation is
a consolidation Of the various companies
already controlled wholly or in part by the
directors of the new concern.
Mvron c. Taylor the president, is vice
president and a director of the Bay State
Cotton Corporation, which controls the Lee
Roy Cotton Mills Company. OF which he is
president: the Lowell Weaving Company, of
which he is a director, and the Warner
Cotton Mills Company, of which he is vice
president.
Thomas NJ Turner. a Weep president, is
president of the J Spencer Turner Com
pany. sales agents for the various concerns
with which MI Turner is connected, as
well as a director of the Consolidated COT
ton Duck Company. the Talassee Fails
Manufacturing Company, the Yarmouth
Duck and Yarn Company and the Hamilton
Duclz Company. the latter two being the
Canadian concerns in the new corporation
Charles NJ Warner, of New York, an
other vice-presdent. is director of the
Rav State Cotton Corporation and presi-
dent of its subsidiary, the Warner Cotton
Mills
P T Jackson, jr., the third vice-presi-
dent. is president OF the Boston Yarn Com
pany. of which Mr. Taylor is director
and the J. Spencer Turner Company the
New York representatives
J. D. Armitage, of Boston, general man
ager. of the new corporation, is the former
manager Of the Arlington Mills
S Davies Warf1eld, Of Baltimore, chair
man OF the board of directors, is also
director OF the J. Spencer Turner Company,
while other directors Of that company on
the new board are E. A Brinckerhoff, of
New York, and D. H. Carroll, Of Bali-
more both bankers.
The other directors are Augustus P. LoT-
ing, Of Boston, who is treasurer; Rodman
P SheIIing, of Boston; Edward lowering
Of Boston, treasurer Of the Massachusetts
Mills; Frank J. Hale Of Boston. manager
Scott, Of Boston: F. A Carpenter, of Man
chester. n. H: J. H. Wheelwright, OF Bal
timore, and William H. Grafiin. OF Balti-
more
The properties represented number TWEEN
ty-jwo mills and turn OUT thiTty-fve well
known brands. Besides the properties Of
the Consolidated Cotton Duck Company,
which owns the Stark mills. at Manchester,
n H. the group known as the Mount Yer
ron Woodbury. Cotton Duck Company and
several Southern mills. the Bay State Cor
poration. which was organized by MyTon
G. Taylor brings in another group. The
two Canadian mills are known as the Tur-
ner mills. The selling agencies are the J.
Spencer Turner Company and the Boston
Yarn Company, which have been working
together for some years past.
There will be offices of the company in
New York. Boston. Baltimore. Chicago, ST.
Louis San Francisco, London and Man
chester. England. The annual sales are ex-
pected to approximate s18.0oo,Oo0, The COM
pany viii employ ten thousand operatives
and will own ten thousand acres of land,
part Of which is under cotton cultivation.
Guggenheimer. Unternyer & Marshall are
attorneys for the new corporation. Samuel
Untermyer had been working on the con-
sOlidaton for some time before his de-
parture for Europe. and completed the deal
on his return.