Big Automobile Concern.
|Topics: Woods Motor Vehicle Company
The New York Times
September 28, 1899
Woods Motor Vehicle Company Incorporated with a Capital of $10,000,000—Names in the Directorate.
The Woods Motor Vehicle Company has been incorporated under the laws of New Jersey, with a capital of $10,000,000, to manufacture automobiles. The Directorate comprises John W. Mackay, President of the Commercial Cable Company; August Belmost, banker; Dr. W. Seward Webb, President of the Wagner Palace Car Company; Charles Miller, Standard Oil Company; the Hon. George A. Cox, President of the Canadian Bank of Commerce; J. Wesley Allison, United States representative of the Canadian Government railway system and Wagner Palace Car Company; W. D. Matthews, Director of the Canadian Pacific Railway; H. P. Dwight, President of the Great Northwestern Telegraph Company; A. E. Ames, Vice President of the Imperial Life Insurance Company; J. W. Lavelle, President of the National Trust Company, Toronto; Frederic Nicholls, President of the Canadian Northern Railway and Vice President of the Canadian General Electric Company; H. A. Ware, Vice President of the Northwestern National Bank; C. E. Woods, General Manager of the Woods Motor Vehicle Company; Benjamin V. Becker of Newman, Northrop, Levinson & Becker, and Sir William C. Van Horne, Chairman of the Board of Directors of the Canadian Pacific Railway System.
Frederic Nicholls is President of the new corporation, J. Wesley Allison and A. E. Ames Vice Presidents, A. E. Chandler Secretary, and G. H. Atkin of Chicago Treasurer. The company, it is announced, will start with a number of contracts taken over from the Fischer Equipment Company.
The company has taken a factory in Chicago, and it is proposed to establish another large factory in the vicinity of New York. It is also intended to manufacture in Canada.