images/Bill_Guild_collection/Willie_Brown_tugboat.jpg 1273 x 900 © 2008, SDHS View full screen image | Previous Blog Info: US80317 Built Buffalo, N.Y. by Van Slyke & Notter 1871 for the Chicago Vessel Owners Towing Company. ,"1871 the tug owners raised the tariff so high as to almost prohibit business, in consequence of which the vessel owners combined, raising a capital stock company called the Vessel Owners’ Towing Company" (History of Chicago, Andreas 1885) ,The capital stock was $60,000, and the company declared a dividend each year for fifteen years, sufficiently large to reimburse the original stockholders. In 1895 the company discontinued business and sold out the tugs.(Maritimehistoryofthegreatlakes.ca) By:j.mcvea(at)yahoo.com Can you add Info about this Image? |