The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1913-02-19
ITO Operate Western Ken
lucky Mines,
WITH CAPITAL OF 100000
Based On Thirteen Shafts
More Have Been Invit-
ed to Come In.
} Il. &. DU PONT TO BE PRESIDENT

Wilmington. Del, Feb. 1.-THE
formation of gigantic coal corpo-
ration which will control practically
the entire output of the Western
Kentucky field took place in this
city last night when after several
unsuccessful conferences with Gen.
T. Coleman du Pont, president of
the dissolved Powder Trust rep
resentative Western Kentucky coal
operators reached an agreement to
! consolidate their mines into one
great corporation which Is to be
known as the du Pont Coal COmpa-
ny and will probably have its main
offices in this city Papers in the
agreement will be drawn up at once,
hut Nj --haXe- to he raj lied -hX--the
stockholders in each company
The mine owners here are w. G..
Duncan, of Greenville, owner of the
w. G.. Duncan Coal Company; Judge
w. A. Wickliffe, of Greenville. rep
resenting the w. l.. Wickliffe Coal
Company; J. w. Lamb, of Green
Vile, of the Hillside Company; r..
p. Carey. OF the Caldwell Coal Com
pany: w. w. Simmons of Memphis,
representing the Broadway Coal
Company. and Shelby Gish, one of
the largest individual coal property
owners in Kentucky and the chief
figure in the consolidation.
The mines which will be taken
over by the new company are the
Luzerne and Graham mines, capac-
ity of 1915 tons per day, owned by
the W. G. Duncan Co.. Powderly
and Mart@ick mines. 1,7o0 tons per
day capacity. owned by the w. A.
Wickliffe Company Broadway
mine. with a capacity of 1000 tons
per day, owned by Broadway Coal
Company Hillside. Oakland and
Dewey mines, of the Hillside Com
lpany. ,000 tons capacity per day;
Central. McHenry, Render and
ECuOIS mIHcs, VI Juc ocutIdi wal
4 Iron Company. owned by Gen. du
Pont. with capacity of $500 tons
per day. and the Browder and Ra-
diant mines. of the Caldwell Coal
Company. with capacity of l 800
tons per day.
These mines are situated on the
Illinois Central and Louisville &
Nashville railroads. and are the
largest in Kentucky. the Luzerne
mine being the largest on the entire
system OF the Illinois Central rail-
road. In addition to these mines
twenty-one others probably will be
taken over. as their owners were
communicated with by wire aud
may have accepted the proposition.
II this is done il will be one of the
largest coal corporations In the
United States. Gen. T. Coleman du
Pont will be the president; the 9TH
er officers have not been named.
The company will start business
which will be increased should all
of the twenty-one mines be taken
over. The deal. besides taking over
the mines. includes thousands of
acres of coal and timber lands
which have not been developed.
$. J. t;ish. who was the real pro- !
moter OF the consolidation. said to-
night that the mines would be TIA I
ken over as fast as details could be
worked out.
at will be the purpose of the du /
Pont Company" said Mr.. Gish. Ito
furnish steam coal to the entire
South and Southwestern market.
Our mines will have a capacity of
over zoe railroad ears per day. and
we intend to make the company the
largest In the United States. In all
probability coke ovens will be built.
.'The Western Kentucky field is
the most uniform vein of coal In
the world. and with the Panama Ca
nal opening soon. the neld has a
great opportunity offered to it,"
Mr.. Glsh has been working on
the consolidation scheme more than
two years. I've recently acquired
large gas properties In Kentucky
Associated with him in the consol-
idatioa are Daniel caufeld and L..
l.. Durham. both Of this city. The