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In 1899 the stockholders of the Lamson Consolidated Store Service Company purchased several other pneumatic tube companies and organised a new company, the American Pneumatic Service Company (APSC). It also took over the Boston Pneumatic Transit Company; W E L Dillaway, its President, became APSC's President. Regarding the new company's formation, the Lamson company stated: Up to the present time the pneumatic service of the company has been confined to small tubes. The use of the tube in streets for the carrying of mail, messages and parcels has not been included in our business, and this latter use presents an opportunity for the making of large profits.
John Liffen. Mail tubes: the modern communications system of the nineteenth century. Artefacts 4 (2004) , pp. 70-83
The statement accompanying the application to list its securities on the New York Stock Exchange contains some interesting facts. It owned the following properties:
Wall Street Journal, 13 Apr. 1906, p.6
"The Lamson Company became connected with the American Pneumatic Service Company" and Oakes Ames who was President of Lamson became Vice-President of the latter until his death in 1914. Biographical History of Massachusetts. See also publications
After it was awarded a contract for the Chicago post office, the Batcheller Tube Company claimed that their patents had been infringed. Construction News, 15 Nov. 1902, p. 280