The P.F. Martin Company was based in Philadelphia, Pennsylvania. Founded by Paddy Martin. The Company maintained a fleet of nine, steam powered, tugs.
In 1948, the founder of the P.F. Martin Company Paddy Martin passed away. And, the company was acquired by the McAllister Brothers Towing Company of New York, New York. However, after the acquisition the McAllister Brothers Towing Company sold off of the bulk the the P.F. Martin Company's fleet.
(McAllister Towing and Transportation)