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Possum Glory Coal &
Coke Co. |
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Power Plant, No. 1 Mine, Possum Glory Coal & Coke Co.
Miner Worker Identification Tag from "P.G.C." (Possum Glory Coal) |
A companion company, the Possum Glory Coal & Coke Company, was chartered on April 16, 1901 in Philadelphia, Pennsylvania. The newly chartered company had a six-member board of directors and $100,000 worth of capital stock. But it wasn't until three years later, in October 1904, that the board of directors, now headed by J.H. Weaver, would make a visit to Heilwood to begin work on their initial construction contracts, totaling $100,000. In this initial phase, over 100 houses for workers and foremen were constructed, as well as a power house to supply electricity for the mines and homes. In addition, two coal mines would open in the spring of 1905. Within a year of these initial offerings, the Possum Glory Coal & Coke Company would increase their capital stock to $300,000 to further develop the area. Initially, the production from the two mines that opened in May 1905 was not to be sold on the open market. Instead, the coal would be shipped by rail (Cherry Tree & Dixonville Railroad) to the Solvey Process Company of Syracuse, New York, and the Pennsylvania Steel Company of Lebanon, Pennsylvania. Only after production had reached a million tons a year would the coal from these mines start to reach the open market. This arrangement was due in large part to the fact that prominent members of the board of directors had "significant" interests in these two companies. Portions of the mines' production were also used to provide steam-generated electricity for the mines, and to provide the town with lighting. House coal was also available (for a charge, naturally) to all mine employees. Mr. James Starford, formerly of the Morrisdale Coal Company in Clearfield County, would become the General Superintendent. He would maintain this position until 1906, at which time he was replaced by Harry Dowler. The Possum Glory Coal & Coke Company franchise would remain until April 1909, at which time the board of directors (J.H. Weaver no longer visibly present) voted to "sell its franchise and all its property, real, personal and mixed, to the Penn Mary Coal Company for $275,000." From that point on, the Penn Mary Coal Company would have complete control of the Heilwood area coal fields. |