The log cabin Democrat., 1920-07-16
CONTRACTS AWARDED FOR
3 FAULKNER HIGHWAYS
Continued from Page y

traffic on that portion is not nearly
so heavy as from Wooster to Con.
way.
The work of assembling men, teams
and equipment for the work will be
started early next week, and actual
construction will be started within a
few days thereafter, r. B. Oliver
head of the company which secured
the contracts, said today. The con-
tracts provide for the entire compile
ton of all three jobs by January /,
1922, or less than IS months from
the date of the contract.
The Oliver Construction Company
IS said to be the Oldest and largest
bodybuilding concern in the United
States. They now have other con-
tracts in Arkansas for about $1,000
600 worth of roads, and it was on ac-
count Of suspension in the building
OF the Little Rock-Hot Springs high
way, for which they have the contract.
that Mr.. Oliver became interested in
the Faulkner work, having a large
amount of equipment and force of
men and teams without immediate en-
ployment. The work was discontinued
on the Hot Springs highway because
OF inability to float additional bonds
necessary without further legislation.
The Oliver company has built about
S3,000,00O worth of government high
ways IN Cuba and has done total of
about $10,000,000 worth of road con-
structlon in the south. Mr.. Oliver was
uperntendent of construction of the
great nitrate plant built by the gov
ernment at Muscle Shoals, Ala, dur
ing the war at a cost Of S75,000,000
We will begin moving in our out
fits next week." Mr. Oliver said, and
will push the construction simultan-
eously on the roads as rapidly as pos
slble. The greatest effort" he said.
will be made on the road through the
Cadron bottoms, which we expect to
complete before winter sets in. The
largest force that can possibly be uti-
llzed will be concentrated on this sec
ton of the road"
The equipment which the company
will move here will include 200 teams,
two steam shovels, six rock crushers
and large numbers of road rollers,
tractors, concrete mixers, trucks and
other road building machinery. When
the work is fully under way the COM
pany will have on its payroll in this
county at least 1000 men, Mr.. Oliver
said. About 40 per cent of this will
be local labor and employment will be
given to a large number of local
teams, he stated. Associated with the
Oliver Construction Company are sew
eral other corporations in which the
company has a controlling interest.
will be given to several
of these subsidiary companies, said
Mr.. Oliver.
H. E. Smith of Kensett, chief en-
gineer of the company, will locate
here and have general supervision for
the company of the construction, Mr..
Oliver announced. Mr.. Smith is here
today and others associated with the
concern who were here in connection
with the details of the contract were
W. R. Emert, secretary of the COM
oany and Walter Riddick of the firm
Of Coleman, Robinson & Bouse, at
-orneys for the company.
The bonds of the three districts were
sold to NJ. W. Elkins & Company and
W. B. Worthen & Company of Little
Rock, who were represented here to-
lay by Gordon n. Peay and NJ. W.
Elkins. The price of the bonds to
De paid to the district is par. Their
present market value is slightly less
than par, but the difference is alb
sorbed in an arrangement between the
contractor and the purchasers of the
bonds. Mr.. Elkins said today that all
Of the bonds have already been re-
sold. After we were here Friday of
last week and it was announced that
our proposition for the bonds would
probably be accepted, we Immediately
began receiving kilograms from all