The Marion daily mirror. (Marion, Ohio) 1892-1912, 1911-04-14

Announcement was made today Of
the contamination Of deal where
by the Marion shovel and Dredge
company. Of this city takes over the
Osgood Dredge company Of Albany
New York. The purchase price which
has been paid and the deal fully
completed. includes the patents. pat
terms records and good will of one
Of the oldest IL not the oldest dredge
companies In the United states. The
two concerns will be merged.
The line of Osgood dredges is n
very large one. dating back about GO
years The Osgood drodges are deep
water dredgcs and the company has
built many for the Great Lakes
and larger rivers Of the west but
It's main field of operation has been
the Atlantic ana Gulr coasts and the
larger rivers of the east ana south,
and their dredges are TO he seen I'm
all of the larger and most of the
smaller harbors of this territory.
It. was stated today that the Os-
good company constructs a 10 yard
clam-shcll dredgc which eXcavates to
a depth Of So feet and that the larg
est dipper drcdge in the world was
constructed by this company. This
lredge has a bucket capacity of 10
cubic yards and is capable OF eXca.
waiting to depth o. so feot below
the surface Of the water. This dredge
Is now being used on the Cape Cod
ship canal ana the companv's dredges
are I'm use by most Of the larger
contractors of the Eastern soaboard
and in many foreign countries.
1t is a claim of the Osgood com
pany that they have sold more
lredges to the United States govern
ment than have been purchased from
all other builders combined.
In taking over the Osgood COM
pany. the Marion shovel and Dredge
campony viii take over some of its
principal men principal among them
being John *. Howe. who has practi
cally controlled the Osgood company
for years. Mr. Howe is q mechanical
engineer Of much ability, designer
and owner of many patents and win
be IA valuable acquisition TO the new
company.
MIR. A. T.. Cheney. secretary and
general manager Of the local com
pary. states that for the present
the Marion shovel ana Dredge COM
pany viii continue to operate tho
Albany plant until the local plant Il
properly lined up and commcncinl
about July ! II will be graduaiy
moved here ana the lines Of both
companies win be built here.
The shops of the new company
have been completed and patterns for
the nrst steam shovels are now wen
under way. II Is expected that the
manufacture Of steam shovels win
soon be begun. Practically all on the
necessary capital has been subscrib-
ed and the books win be closed I'm
the very near future.
The Marion Shovel and Dredge com
pany has about l2O acres Of land
lying between the Hooking Valley
ana Pennsylvania railroads ana south
o: Bellefontaine avenue. A large ad-
dition has been cut for the ac
commodation Of employees Of the com
pany and others ana plans are com
plete for building up-to-datc streets
through the addition, connecting with
Hellefontaine avenue, the SAWYER
Christian pike and the Prospect pike.
In the very near futurne there WIN
be thriving colony in that see
lion Of the city.
Mr.. Cheney and officials Of the
company are highly pleased with tho
acquisition Of the Osgood comnonv
II means that the local concern vii,
not only build the lines of etoon,