The consortium then had to get commitment for all its shares, which was quite a challenge. Finally on 23 January 1902 a contract that established the Rotterdamsche Droogdok Maatschappij was signed. The company would have 1,000,000 guilders capital in 1,000 shares. The supervisory board of the RDM consisted of: H. de Jong of Phs. van Ommeren NV; J.P.J. Lucardie director of De Maas; Ir. J.F. Rebel engineer; Ph. W. van der Sleyden former minister of Rijkswaterstaat and L.W. Veder of Hudig & Blokhuyze. The supervisory board accepted the offer of the consortium of 207 shares in De Maas and the terrain on Heijplaat for 101,400 guilders. On 1 March 1902 it subsequently decided to liquidate De Maas.
