David Rodgers Shipbuilder

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David Rodgers Shipbuilder - David Rodgers Forced to Abandon Former Skinner...
David Rodgers Forced to Abandon Former Skinner & Eddy Plant Could Not Get Assistance. SEATTLE, May 18. David Rodgers, president and founder of the David Rodgers Shipbuilding Corporation of Seattle, abandoned posses sion of the former Skinner & Kddy yard No. 2 yesterday, withdrawing all his organization from the plant. A moment after the shipbuilder passed through the gates, Howard Cosgrove, Seattle district attorney for the Emergency Fleet Corporation, entered the yard with a force of watchmen. This, it is announced, ends the deal which Mr. Rodgers arranged with the shipping board for the purchase of the yard by his corporation. Mr. Cosgrove refused to comment on developments, but It is understood fthat the fleet corporation did not "ac cept" the yard back from Mr. Rodgers, but that the latter "abandoned" it. Explains His Position. In explanation of his present position, Mr. Rodgers today published an advertisement in Seattle newspapers, in which he said: "On account of my Inability to obtain assistance from some of the bankers and other Interests of Seattle In financing the purchase of a shipyard, resulting also In my inability to provide satisfactory performance bonds, I have been obliged to reject contracts approximating $46,000,000, which would have brought to Seattle employment for nearlv 6000 men, with an annual payro'll of $10,000,000."

Clipped from
  1. Vancouver Daily World,
  2. 13 May 1920, Thu,
  3. Page 1

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  • David Rodgers Shipbuilder

    a505907 – 24 Jan 2016

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