type initially named Holland VI, launched on 17 May 1897. This was the first submarine having power to run submerged for any considerable distance, and the first to combine electric motors for submerged travel and gasoline engines for use on the surface. She was purchased by the US Navy, on 11 April 1900, after rigorous tests and was commissioned on 12 October 1900 as USS Holland. Seven more of her type were ordered with five built at the Crescent Shipyard in Elizabeth, New Jersey and two built at Union Iron Works in California. The company that emerged from under these developments was called The Electric Boat Company, founded on 7 February 1899. Isaac Leopold Rice became the company's first president, with Elihu B. Frost acting as vice-president and chief financial officer. This company eventually evolved into the major defence contractor General Dynamics. The USS Holland design was also adopted by others, including the Royal Navy in developing the . The first five submarines of the Imperial Japanese Navy used a modified version of the basic design, although these boats were at least 10 feet longer at about 63 feet. These submarines were also developed at the Fore River Ship and Engine Company in Quincy, Massachusetts. Holland also designed the Holland II and Holland III prototypes. The Royal Navy 'Holland 1' is on display at the Submarine Museum, Gosport, England. Death After spending 56 of his 73 years working with submersibles, John Philip Holland died on August 12, 1914 in Newark, New Jersey. He is interred at the Holy Sepulchre Cemetery in Totowa, New Jersey. Memorial A monument stands at the gates of Scholars Townhouse Hotel, Drogheda (the former building of the Christian Brothers school where Holland taught) in commemoration of his work. It was unveiled in a ceremony on 14 June 2014 as part of the Irish Maritime Festival. The ceremony was attended by Drogheda Town Council as well as representatives of the US, British and Japanese governments. St. Josephs's Christian Brothers School, where Mr. Holland once taught, has been renamed and operates as John P. Holland Charter School in Paterson, New Jersey. The John P Holland Centre, is a centre dedicated to the life and work of John P. Holland. It is based in Liscannor, Co. Clare. Submarines designed by John P. Holland Holland I – A small unarmed submersible. Now on display at the Paterson Museum. Holland II