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Death Of A Great Company Lehigh Coal & Navigation Co Julian Parton Damaged w/MAP
The Death Of A Great Company Lehigh Coal & Navigation Co By W Julian Parton Includes map attached to inside back cover
Reflections on the Decline and fall of the Lehigh Coal and Navigation Company
Hard cover with dust jacket
Copyright 1986 FIRST EDITION
161 pages
CONTENTS
The Author1
Acknowledgements2
List of Illustrations and Tables3
Prologue9
Founding Years
"The Switchback"
The Lehigh Coal and Navigation Company23
The Old Company's" Facilities, Location and
Assets of the Lehigh Coal & Navigation
Company in the late 1930's"
The People of the Panther Valley
"The Old Company" as a Corporate Citizen
General Industry Conditions in the 1920's
"The Old Company" in the 1930's
The White Years (1938-1953)53
Pre-War Years (1938-1941)
The War Years (1941-1945)
The Post-War Years (1946-1953)
Problems at the Mines
Employee Problems
The Disastrous Years (1949-1953)
The Dodson Years (1954-1959)101
Changes at the Lehigh Navigation Coal Company
Parton's Plan to Operate the Mines
Decision to Discontinue Lehigh Navigation Coal
Company Operations
Panther Valley Coal Company Lease of Lansford
Colliery
Coaldale Mining Company Lease of Coaldale
Colliery
Merger of Panther Valley Coal Co. and Coaldale
Mining Co.
Expansion and Diversification under Dodson
The Thompson Years (1959-1969)135
The Plan of Reorganization
The New Lehigh Coal and Navigation Company
L.N.C. Corporation
Epilogue145
Notes151
Center for Canal History and Technology 158
One of the oldest companies in the United States, the Lehigh Coal & Navigation Company, formerly known in the coal industry for many years as "The Old Company," has ceased to exist. The people who founded it and those who followed were in many ways significant contributors to the development of America, particularly in the mining and transportation fields.
The story of the "Old Company's Lehigh" should be recorded before all the people who were involved in its better days pass from the scene. This is the goal of the author. Emphasis, however, is placed on the final active years of the Company when one thing after another went awry, leading to the liquidation of virtually all its assets, and wiping out 150 years of growth.
The liquidation of this great Company should be mourned as the passing of one who has lived a full life and whose efforts were productive and rewarding to family, friends, and associates. However, a company is not a mortal human being; it need not die measured against the fact that incorporation under the usual laws gives it a right to perpetual existence. Permanence and stability are characteristic features of a corporation. Why, then, was it necessary for the Old Company to be put to an untimely rest?
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