MBRIDGE, MARYLAND FRIDAY, JUNE 26, 1942 Chapelle Wiil Appreciate i i Head New Firm Of Seminaey*.Shipbuilders School Buildit-Yacht Expert Organizing* New Shipbuilding: Firm Here.WILL TAKE OVER e JOHNSON PLANTGovernment Thanks Co Albanus Phillips Flt; New Offices.nA new shipbuilding company has been formed in Cambridge and will be headed by Mr. Howard I. Chapelle, as president of the firm. Mr. Chapelle is nationally knownREMODELING NOW NEARS COMPLEXThe Chamber of Commerc extended congratulations anh as a designer of yachts and boats•a1‘1 of many different types. He is also c_ a writer on the subject of ships and shipbuilding. Mr. Chapelle is a clt-a- izen of this county, living in Town a- Point.ly The new company, headed by Mr.Chapelle, is known as the Eastern — Shore Industries, Incorporated, with an authorized capitalizationSof $100,000.00. Other officers of the company include David Wroten, of Salisbury, Secretary - Treasurer, U and Norman Foy, of Cleveland, O. i The purpose of the corporation is (primarily to build and repair boatsjeaj^d to maintain a general sliip-2-'yard and marine railway, and to a_ design yachts and ships. a.' The company has leased the well 0£ known shipyard and marine rall-j. way of George T. Johnson Sons. 53 located on the North side of Carn-lx bridge Creek, opposite the ship-u- yard operated by the Cambridge a. Shipbuilders, Inc.predation to Colonel Albanus lips, President of the Phillips jing Company, for his generoa making the Seminary School ing available for the Off Price Administration.The letter said in part:“We know this will bring families to Cambridge and b you have set an example wfc other public benefactors coi likewise.”Colonel Phillips is bavin* building renovated on the land landscaped on the outs! ! is reported that all three floo jto be used for office space, j that possibly 25 or 30 peoph jbe employed there., This is now the center f Eastern Shore Office of Pi jtion, and is a great asset people of this community.WHEAT LOSSES BEIXG i ADJUSTED IXCOalFarmers ,who .protected thlt; •tereat in the wheat crop by