May 21, 1934|
Unconfirmed reports that the Merced Falls mill of the old Yosemite Lumber company would resume operation this season after a layoff of several years received support today with the filling of articles of incorporation in Sacramento of the Yosemite Sugar Pine company of Merced county, capitalized at $500,000 and organized to deal in the general lumber and milling business.
No definite announcement of plans could be secured today from either Merced Falls or Pinedale, Fresno county, site of the large plant of the Sugar Pine Lumber company which in the past has controlled the Yosemite Lumber company. The Pinedale plant also is closed down.
Recent rumors had been to the effect that the 1934 demand for lumber warranted reopening of one of the mills and the Merced Falls plant had been chosen. Should this mill be operated again several timber crews would be put to work in Mariposa county hills north of Merced canyon where the company still owns a considerable stand of trees.
Directors listed for the new Yosemite Sugar Pine Lumber company, according to a United Press dispatch, are John R. Ball and Charles M. Fueller of Pasadena, Frank E. Lee of Santa Monica, David A. Sondel of Beverly Hills, Ernest C. Carman of Los Angeles and John R. Atwill Jr. of San Gabriel.