People's Pilot, Volume 5, Number 9, Rensselaer, Jasper County, 22 August 1895 — Will Make Paper Pulp. [ARTICLE]

Will Make Paper Pulp.

Philadelphia, Pa., Aug. 21. —A syndicate of Philadelphia capitalists has purchased the rights of a power company which was recently formed to develop the Sault Ste. Marie canal and has organized ffie Lake Superior Power company, with capital of 62,000,000. The company has two large mills and expects to operate the one on the Canadian side within a month. It is proposed to make paper pulp. The plant on the American side will be located at Sault Ste. Marie, Mich., but will not be In operation for some time.