Distillery ownership article 17Dec1898
IMPORTANT CHANGE Affecting the Wilson Distillery at Highspire. MR. A. J. ULMAN RETIRES Jlis Interest in tlie Distillery Bought by Chas. Goldsborough Export Trade to be Extended An important change took , place Thursday in the wholesale liquor firm of Ulmaji, Goldsborough & Co., Baltimore, controlling the Wilson Distillery, at High - spire, this county. A. J. Ulman, founder of this big - firm, withdrew, and a new corporation corporation was formed, with Mr. Charlt3 Goldsborough as president, Herman Ellis as first vice president, J. A. Ulman second second vice president, Charles Goldsborough (jr.) secretary, and J. A. Bokel treasurer. An important factor in the new corporation corporation is Mr. W. A. Marbury. The capitalization capitalization is $1,000,000, which will be increased increased if found necessary to meet the requirements of the firm. Mr. Ellis will have his headquarters in New York, where he will direct the New York and New England business. Efforts will be put forth to increase the foreign trade, and agencies will be established throughout England and the Continent, Eastern Asia and South Africa. Mr. Goldsborough said Thursday that the new corporation promises to be one of the largest in Baltimore. Baltimore. He has purchased Mr. Ulman's interest in the Wilson Distillery, which he will improve at an expenditure of $2., - 000, and leass to the new company. When asked to - day about the probable changes and improvements at the High - spire Distillery, Major Joseph C. Smith, of this city, manager of the distillery, said that there would bo no changes in the force that ho was aware of. As to betterments, he said the matter had not definitely been determined upon. The modernizing of the plant by the erection of an addition and the installation of new apparatus for distillation is contemplated. The company operating the distillery intends intends extending its export trade and is now negotiating for the exportation in bond of 1,000 cases of liquors ranging from our years old. and upward to London, Hamburg. Perth, Australia and Ecuadoran ports. The distillery is now being o;:e. attd at half capacity, or about 230 bushels of grain a day. but it is expected that mashing mashing of corn will be commenced next week, when the distillery will operate up to its full capacity in all probability.