A. H. Bull Steamship Company
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A. H. Bull Steamship Company
A. H. Bull Steamship Company was a shipping company and passenger liner service founded in New York City in 1902 by Archibald H. Bull (1848-1920). Service started with shipping between New York and Florida. His fleet of ships then added service to other Eastcoast ports. The company is also often called the Bull Lines and the Bull Steamship Line or A. H. Bull & Company. While founded in New York, Bull soon move its headquarter to Peir 5 in Baltimore, Maryland. Bull Lines main Eastcoast ports were: Baltimore, Charleston, Philadelphia, Tampa and Norfolk, Virginia. Oversea ports: Porto Rico, Antwerp, Bordeaux, Hamburg, Bremen, Copenhagen, and West Africa. Bull Steamship Line supported the US war effort for both World War I and World War II, including the loss of ships. Archibald H. Bull Archibald Hilton Bull (1847–1920) started in the shipping business at a very young age, he worked his way from an errand boy to be on the board of directors and presider of companies. In 188 ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Courier
A courier is a person or organisation that delivers a message, package or letter from one place or person to another place or person. Typically, a courier provides their courier service on a commercial contract basis; however, some couriers are government or state agency employees (for example: a diplomatic courier). Duties and functions Couriers are distinguished from ordinary mail services by features such as speed, security, tracking, signature, specialization and individualization of express services, and swift delivery times, which are optional for most everyday mail services. As a premium service, couriers are usually more expensive than standard mail services, and their use is normally limited to packages where one or more of these features are considered important enough to warrant the cost. Courier services operate on all scales, from within specific towns or cities, to regional, national and global services. Large courier companies include DHL, DTDC, FedEx, EMS Inte ...
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Mediterranean Sea
The Mediterranean Sea is a sea connected to the Atlantic Ocean, surrounded by the Mediterranean Basin and almost completely enclosed by land: on the north by Western and Southern Europe and Anatolia, on the south by North Africa, and on the east by the Levant. The Sea has played a central role in the history of Western civilization. Geological evidence indicates that around 5.9 million years ago, the Mediterranean was cut off from the Atlantic and was partly or completely desiccated over a period of some 600,000 years during the Messinian salinity crisis before being refilled by the Zanclean flood about 5.3 million years ago. The Mediterranean Sea covers an area of about , representing 0.7% of the global ocean surface, but its connection to the Atlantic via the Strait of Gibraltar—the narrow strait that connects the Atlantic Ocean to the Mediterranean Sea and separates the Iberian Peninsula in Europe from Morocco in Africa—is only wide. The Mediterranean Sea e ...
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USS Asterion (AK-100)
USS ''Asterion'' (AK-100, AK-63, WAK-123) was a Q-ship of the United States Navy named for Asterion, a star in the constellation Canes Venatici. Civilian merchant ship SS ''Evelyn'', a steel-hulled, single-screw steamer, was laid down on 17 January 1912, by the Newport News Shipbuilding and Dry Dock Company, launched on 9 May 1912; and delivered to the A. H. Bull Steamship Lines on 11 June 1912. For the next 30 years, ''Evelyn'' operated between ports on the eastern seaboard of the United States and the West Indies, carrying passengers and freight. During World War I, she was inspected in the 3d Naval District on 9 January 1918, for possible naval service and was assigned the identification number Id. No. 2228. However, she was not actually taken over. Remaining a merchantman, she received a Navy armed guard detachment who protected her between 31 January and 11 November 1918. World War II Q-ship ''Evelyn'' pursued her prosaic calling under the house flag of the Bull Line thr ...
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United States Shipping Board
The United States Shipping Board (USSB) was established as an emergency agency by the 1916 Shipping Act (39 Stat. 729), on September 7, 1916. The United States Shipping Board's task was to increase the number of US ships supporting the World War I efforts. United States Shipping Board program ended on March 2, 1934. Initiation The United States' maritime position had been eroding for decades with some Congressional concern, some remedies actually worsening the situation, with European shipping companies dominating overseas trade and just over 10% of the value of trade carried in U.S. owned ships. The 1916 act was the result of Congressional efforts to create a board to address the problem dating from 1914. At this time the legislation was not a part of any war effort with specific intent as stated in the act: :"An Act to establish a United States Shipping Board for the purpose of encouraging, developing, and creating a naval auxiliary and naval reserve and a Merchant Marine to ...
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US Navy
The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage of its active battle fleet alone exceeding the next 13 navies combined, including 11 allies or partner nations of the United States as of 2015. It has the highest combined battle fleet tonnage (4,635,628 tonnes as of 2019) and the world's largest aircraft carrier fleet, with eleven in service, two new carriers under construction, and five other carriers planned. With 336,978 personnel on active duty and 101,583 in the Ready Reserve, the United States Navy is the third largest of the United States military service branches in terms of personnel. It has 290 deployable combat vessels and more than 2,623 operational aircraft . The United States Navy traces its origins to the Continental Navy, which was established during the American Revolut ...
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USS Jean (ID-1308)
USS ''Jean'' (ID-1308) was a cargo ship that served in the United States Navy from 1918 to 1919. Construction and service, 1909–1918 ''Jean'' was built as the depot collier SS ''Jean'' in 1909 at Newport News, Virginia, by Newport News Shipbuilding and Drydock Company. The United States Army took control of her at Newport News in September 1917 for World War I service under a bareboat charter from her owner, A. H. Bull Steamship Company of New York City. She operated for the Army with a civilian crew, probably in European waters, before returning in August 1918 to Newport News, where she was transferred to the United States Shipping Board on a U.S. Army account. United States Navy service, 1918–1919 The U.S. Navy had inspected ''Jean'' in 1917 for possible naval service, and acquired her from the Shipping Board for World War I service on 30 August 1918. Assigned Identification Number (Id. No.) 1308, she was commissioned the same day as USS ''Jean''. Assigned to the 5t ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Hostile Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recom ...
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Packet Boat
Packet boats were medium-sized boats designed for domestic mail, passenger, and freight transportation in European countries and in North American rivers and canals, some of them steam driven. They were used extensively during the 18th and 19th centuries and featured regularly scheduled service. When such ships were put into use in the 18th century on the Atlantic Ocean between Great Britain and its colonies, the services were called the packet trade. Steam driven packets were used extensively in the United States in the 19th century on the Mississippi and Missouri rivers, supplying and bringing personnel to forts and trading posts. History Packet craft were used extensively in European coastal mail services since the 17th century, and gradually added cramped passenger accommodation. Passenger accommodations were minimal: transportation, "firing" (i.e. a place to cook), drinking water (often tasting of indigo or tobacco, which the water casks had previously held), and a place ...
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