File:The Cuba review (1907-1931.) (20181736994).jpg

Title: The Cuba review
Identifier: cubareview09muns (find matches)
Year: 1907-1931. (1900s)
Authors: Munson Steamship Line
Subjects:
Publisher: New York : Munson Steamship Line
Contributing Library: New York Botanical Garden, LuEsther T. Mertz Library
Digitizing Sponsor: The LuEsther T Mertz Library, the New York Botanical Garden

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24 THE CUBA REVIEW Havana Harbor Improvements W ork on the new piers, which are cov- ered by the so-called Scovel concession, will soon be begun with activity, and it is stated it will be pushed to completion within two 3'ears. These piers will be of steel and ce- ment, approximately GOO feet in length, with a berthing space between of 120 feet; they will be covered and in their interior arrangement will be of modern plan. The Port of Havana Docks Company was formed on September 26th, 1910, at Portland, )\Iaine, for the purpose of under- taking the concession for building these docks. The fixed capital of the company is $4,600,000, divided into 6,000, G per cent'pre- ferred shares and 40,000 shares common stock, each having a par value of $100. The directors of the Port of Havana Docks Compan)' are Sir William A'an Home, president; Sir Robert Perks, of London; Eugene Klapp, of Xew York; William Barclay Parsons, of Xew York; Bradley W. Palmer, of Boston ; and Louis \'. Place, of Havana. The trustee of the bondholders is the Farmers' Loan and Trust Co. of New York. The concession was given by the decree of the president of the RepubHc of Cuba, Xo. 467 of the 29th of November, 1905, and amended by decree No. 1022 of the 11th of November, 1910, and has for its object the construction of four piers in the port, and the construction of ware- houses alongside the cjuay, and on the piers, the whole being provided with modern appliances for the berthing of ships, the loading and unloading and ware- housing of merchandise. Under the conditions the company is .bound to reserve a portion of its premises for the administration of the customs, which will become the principal customs offices of the port. The length of the con- cession is for 50 years and expires No- vember 29, 1955. At the expiration of the concession the properties of the company w'ill become the property of the republic. The company has two years for the con- struction of the first pier, then a further
Text Appearing After Image:
; Map showing position of piers being built in Havana harbor vinder the Scovel concession. Piano en que se ve el lugar donde se estan construyendo los muelles en la bahia de la Habana en z'i'rtud de la concesion Scovel.

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