Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1910-03-18

work In Hand. Expect TO be In
Operation the Latter Part
Of June.
The stock holders of rhe Adamantine
Clay Products Company, the new
company, headed by Pttsburg and
CLEVELAND capitalists, for the develop
ments OF the fine clay beds on the
lands of Messrs. Drifting and Robbins
located at North Mountain, held a
meeting at the Office of Mr.. r. Vernon
Aler on N. Queen street, on Monday
last and elected the following board of
directors: G. u. Cushwa A. ID. Darby,
f. Vernon AIer, j. Frank Thompso n,
Henry II. Hess, all of Martinsburg,
Richard Hammerslea, Chas w. Hess,
and =. l.. Dodd, all of North Noun
tain, and james M. Porter, of Pitts
burg.
The meeting was important in that
it transacted mass Of important bus
mess. First it considered the PROPOSE
tien of the International Construction
Company of Cleveland, Ohio, for the
erection of the company's plant at
North Mountain.
1t is estimated that the cost of the
land, plant and thorough equipment
with all necessary machinery and
buildings will amount to 5000 or
more.
The proposition Of Mr.. James M.
Porter, of Pittsburg for taking the en-.
tire output Of the plant for five years
with the privilege of five years more
at price that will make the plant
highly profitable was considered and
accepted.
1t was also agreed that In order to
raise money the more quickly the
stock Of the company should be sold
At s75 per share, par value 800, the
same to be paid within the next 80
days, 80 that the brick plant may be
completed as soon as possible TO fill
pressing orders Of Mr.. Porter, who
wants 100000 paving bricks as soon
as he can get them.
The directors then elected the follow
ing officers of the Adamantine Clay
Products Company:
President--C. g. Cushwa.
Vice residents. l.. Do6d.
n
Darby.
Attorney-F. Vernon Aler.
Engineer-H. II. Hess.
A committee, consisting of q. q.
Cushwa, G. W. Hess, Frank Thonp-
son, r. Hammsrslea and FL. II. Hess,
was appointed to take up the work
with the International Construction
Company and see to it thar the plans
Of constructing the plant are properly
carried out.
More than $4,000 Of the capital
stock of:the new company has been
subscribed and taken 10y foreign CAPT.
talists who would take all but for the
fact that they want the local people
TO show their appreciation of the de-
velepment of their resources by taking
nominal amount of the capital stock
of the concern as a guarantee of their
sympathy and support. There is about
1000 in subscriptions in sight from
people in this section and the whole
Will doubtless be taken in short
while. With the assurance of the sale
of the entire output of the plant at
prices which guarantee fine profits
there ought to be no trouble ia getting
the full amount of the stock taken
The organization of this company is
open ana above board ana every sub
scriber to the capital stock will stand
On the same footing and there Will be
nobody in the cellar. The land has
been bought Of the owners, Messrs.
Robbins and Drifting at option prices
and considering the quantity and
quality of the material the prices are
very low. The character of the men
composing the board Of directors is
above reproach. They are among the
most henorable business men Of this
section and their names are guaran
tee OF the probity of the enterprise.
The blue prints of the proposed plant
are in the hands Of the committee Of
construction and can be seen at the
office of Mr.. Aler. The capacity of the
plant as at present projected will be
notices. than $4,000 PAYERS per day,
exclusive of other products. Machin-
cry constructed 10 double capacity by
night shifts and will give employ ment
to large number of employees.
The people of North Mountain and
of Martinssurg as well are highly
elated over the prospects of so inpor-
tant an industry which means prog