Big Fuel Merger
May 22, 1909
Summary
Several major fuel companies merge, leaving them with a capitol stock of $37,650,000 control of over “200,000 acres of coal land” across several states.
Transcription
The Consolidation Coal Company announced in Baltimore, Md., that negotiations had been completed for merging the Peidmont Coal Company, the Somerset Coal Company, the Pittsburg & Fairmont Fuel Company and their subsidiaries, including railroads, floating equipment and docks with the Consolidation Coal Company. The companies have a combined capitol stock of $37,650,000 and own and control 200,000 acres of coal lands in Maryland, West Virginia and Pennsylvania.
About this article
Source
Location on Page
Lower Right Quadrant
Topic
Contributed By
Alan Banuchi
Citation
“Big Fuel Merger,” Black Virginia: The Richmond Planet, 1894-1909, accessed March 21, 2025, https://blackvirginia.richmond.edu/items/show/1888.