The Washington herald., 1912-01-22
FROSTBURG, MD.

THE CONSOLIDATION COAL CON-
I PANY-The Consolidation Coal Com
pany was Incorporated by a special act of
the legislature Of the State of Maryland
passed March 9, 1850 but the actual or
ganization of the company was not con-
summated until April, 1854. in which year
the company mined 1854 tons OF coal
In May, 1864, II purchased the Ocean
Steam Coal Company, the Frostburg Coal
Company. and acquired the capital stock
of the Cumberland and Pennsylvania
Railroad Company. owning a line of
standard gauge railroad from Cumber-
land. the connection with the Baltimore
and Ohio Railroad in and 20 the Georges
Creek coal fields OF this company. In
May. 1910. It purchased the property Of
the Cumberland Coal and Iron Company.
In 1905 the company purchased a ma
Jority Of the capital stock OF the Fair
mont Coal Company, and in May, 1903. it
acquired the entire capital stock Of said
company and through the ownership Of
this stock acquired the ownership OF the
Clarksburg Fuel Company, the Pittsburg
and Fairmont Fuel Company. and the
Southern Coal and Transportation Com
pany, the entire capital stock Of these
three latter companies being owned by
the Fairmont Coal Company. II also ac-
quired through the purchase Of the Fair
mont Coal Company stock the controlling
interest in the Northwestern Fuel Com
pany, OF Wisconsin, owners OF extensive
docks for the storage and distribution Of
coal at Duluth, MINI, and Superior. Wis
In 1903 It acquired controlling interest in
the Metropolitan Coal Company. of Bos-
ton, Mass, owners OF extensive coal docks
and yards in Boston and the vicinity.
In January. 1903, the company acquired
a majority OF the capital stock OF the
Somerset Coal Company, and in May,
1903, it acquired the entire capital stock
Of that company.
II also owns the entire capital stock
OF the Pennmont Coal Mining Company,
the Pennmont Coal Company, the Cass-
vile and MonongRhela Railroad Com
pany, and in February. 1885, acquired the
entire capital stock OF the Canal Towage
Company; also owns the entire capital
stock of the Fairmont Mining Machinery
Company, Of West Virginia
In 1903 the company acquired approx
mateIy 5000 acres OF coal and surface
lands in johnson and Martin counties,
Kentucky. and in October. 1910. acquired
approximately 10000 acres OF lands in
Letcher. Knott, and Pike counties. KY.
in what is known as the 'EIkhorn
Field"
The present capital stock Of the COM
pany is S25,OO0OOO. and its authorized
bonded debt s4O.OO0oOO. OF which there is
outstanding, including bonds OF subsidi-
airy companies, S2,2s4.0O0
The present combined acreage OF the
company Is approximately $4,000 acres.
and the production OF Its entire proper
ties between 100000 and 100000 tons of
coal annually.
The company also owns one steamer,
four seagoing tugs, sixteen wooden and
three steel seagoing barges, which II
uses IN the transportation Of Its product
from Baltimore to the New England
markets.
In November. 1911, II acquired the con-
trolling interest IN the Empire Coal
Company, of Montreal. Canada
The market for its output extends from
the head of the Great Lakes to the
Northeast Atlantic Seaboard, south as
far as the Gulf OF Mexico, and west to