Ligonier Valley Rail Road Newspaper Articles
We have compiled over 1,400 newspaper articles that mention the Ligonier Valley Railroad, or related subjects. The articles were originally published starting in 1873 and our collection runs through 1995. Enjoy!
Ligonier Echo
Wednesday, June 5, 1912
Fort Palmer Big Coal Deal
This Ligonier Valley Coal Plant Changed Hands Last Saturday
It Is A Fully Equipped Coal Plant
The largest coal deal of the year was consummated a few days ago when Captain James Peters and Joseph C. Head, of Latrobe, the owners of the Fort Palmer Coal & Coke Company, disposed of their holdings at Fort Palmer in Ligonier valley to a party of Pittsburgh capitalists who have formed a company known as the Westmoreland-Connellsville Coal & Coke Company, and who contemplate taking up the development
of the field upon a large scale, the building of additional ovens, additional houses and a company store being among the plans entertained, we are informed.
In the neighborhood of 350 acres of coal, with a fully equipped plant of eighty coke ovens, electric haulage, etc., together with a number of company houses, figure in the deal, the plant being one of the most complete in the district.
Captain Peters and Mr. Head built the plant a few years ago, following their acquisition of a large tract of coal in the valley. The plant, under the superintendency of James F. Peters, has been improved and developed until today it is regarded as being a model from the standpoint of equipment.
The plant at present has 80 ovens. The new owners intend increasing the number to 200 ovens, and to devote practically all their coal to coke making. The erection of houses and a company store will add further to the busy times in store for the plant, this summer.
It is not known how much money figured in the deal, but it is supposed that the owners
made an advantageous sale.