shipbuilding CO. DIRECTORS ELECTlt;Newburgh. Feb. 10—The directors of the recently formed Newburgh , Shipbuilding' Company met Tuesday a.n(l'elected officers as follows Pjoh-Ident, ,F, N. Bain; Vice-President. | Alex Goldberg: Secretary and Gen-1 eral Manager, Lincoln Miller. ITreasurer, Howard Thornton.This company is composed of men who were bondholders of the old T-S.. Marvel Shipbuilding Company, which y?ent Into bankruptcy some months agO- At the slo the bondholders- purchased the tools of the old company, They organized this company and it Is claimed thoie will now be two shipyards in Newburgh.