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Other than American Ship Building Company, the Craig Shipbuilding Company in Toledo was the only company building steel- hulled ships in Northern Ohio at the turn of the century. Craig operated one dry dock which was 545 feet long, 103 wide, twelve feet seven inches deep at the sill. They continued to build a varied classification of vessels. The bulk freighter Tampico was launched in 1900, the passenger steamers Argo and Puritan in 1901, the yachts Edith and Arcadia in 1904, the sidewheeler City of Benton Harbor in 1904, the car ferry Grand Haven in 1903, and the lighthouse tender Aspen in 1905. They also fulfilled a contract that F. W. Wheeler, at Bay City, was unable to fill. This was the ocean freighter Buckman, followed by the Watson, in 1901. The last vessel built by the Craigs at Toledo was the bulk freighter Eugene Zimmerman in 1905. In 1906 the Craig Shipbuilding Company was sold to the newly- formed Toledo Ship Building Company. After the sale, George Craig joined the Johnson Brothers at Ferrysburg, Michigan, where he built the steamer Mackinaw. In 1907 he joined his father and brother at Long Beach, California, where they built an additional ten vessels. In 1913 this yard was sold to the California Shipbuilding Company and John Craig moved back to Toledo to live in retirement. The Toledo Ship Building Company was organized with a capital stock of $1,100,000 by Alexander McVittie, C. B. Calder, Frank E. Kirby, Lyman C. Smith, and Horace S. Wilkinson. McVittie formerly was president of the Detroit Ship Building Company, Calder its general superintendent, and Kirby its consulting engineer. Smith and Wilkinson of Syracuse, New York, were the principal stockholders of the United States Transportation Company which later became the Great Lakes Steamship Company. Negotiations for the sale of the Craig plant were conducted so secretly that James C. Wallace, president of the American Ship Building Company which controlled the Detroit firm, was not aware of the pending sale until McVittie and Calder submitted their resignations.26 This was only one week prior to the announcement of the sale. McVittie became president of the new firm, Smith, the vice- president and treasurer, Wilkinson the secretary, Calder the general manager, and Kirby the consulting engineer. Wilkinson and Smith, who also owned a controlling interest in the Smith Premier Typewriter Company, furnished most of the money to carry out the transaction. 107