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T. Sloat purchased the yard and operated it as the Pouliot Boat and Power Company. In 1906 it became the Lake Erie Drydock and Mill Company, with Mischler as president and Sloat as treasurer and general manager. Several gas launches and a few tugs were built by the latter two firms. In 1923 another reorganization took place. Mischler remained at president, George Richter became vice president, with W. W. Scott and Stewart and Frank Fox on the board of directors. Mid LaFountain was the master carpenter. LaFountain and Walter Hartung built a few small diesel- powered vessels that were familiar sights to the islanders. These were the Lakeside III (1922), Messenger (1922), Islander (1923), J. J. Carroll (1925), and Mascot (1925). After 1925 a small vessel repair business was carried on. On March 21, 1936, some of the buildings were destroyed by fire. The yard was dismantled and today the City of Sandusky maintains a small-boat harbor at the site. In the late 1880's, and as late as 1897, Edward Ratti and Alex Savord operated a shipyard and sparyard at the foot of Warren Street, but the only vessels they built were the tug Erie and the propeller Dan Kunz, both in 1888. So the curtain drops on wooden shipbuilding in Northern Ohio. The reasons for its demise were as logical as the men who built the vessels were practical. Timber suitable for the building of ships simply was exhausted in this region. Costs of labor and of materials continued to rise. And most important of all, steel and iron came into common use in the building of ships. But the role played by the wooden ships - and their builders - in Ohio's commercial development was a great and an important one which should not be overlooked. 87