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                                                                EXHIBIT 10.14

                              RUDDICK CORPORATION
                        INCENTIVE STOCK OPTION AGREEMENT

                                  Pursuant to

                        1993 INCENTIVE STOCK OPTION PLAN


        THIS AGREEMENT, made and entered into as of the 15th day of November,
1995, by and between Ruddick Corporation, a North Carolina corporation (the
"Corporation") and

             FRED A. JACKSON 
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of           AMERICAN & EFIRD, INC.                       (the "Optionee").
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        WHEREAS, the Corporation has adopted the Ruddick Corporation 1988
Incentive Stock Option Plan (the "Plan"); and

        WHEREAS, Optionee is now in the employment of the Corporation or one of
its subsidiaries as a key employee and the Corporation desires to grant
Optionee and option pursuant to the Plan;

        NOW, THEREFORE, the Corporation and Optionee agree as follows:

        1.  Subject to the terms and conditions set forth herein and in the
Plan, the Corporation grants to Optionee, during the seven-year period
commencing on the date of this Agreement and ending on the date which is seven
years thereafter (hereinafter called the "Option Period"), the option to 
purchase from the Corporation, from time to time, as herein more specifically 
stated, at a price of $11.4375 per share, up to but not exceeding in the 
aggregate 8,000 shares of the Corporation's Common Stock, which option may be 
exercised as follows:

             (a)  The aggregate number of shares optioned shall be
        divided into five (5) equal installments and one such installment
        shall be allotted to each year commencing on the first anniversary
        of the Option Period and on each of the next four anniversary dates
        thereof which are included in the Option Period, and the option 
        granted shall become exercisable with respect to the installment
        allotted to each such year, in whole or in part (subject to 
        subsection (e) below), at any time and from time to time, commencing
        with the first day of such year and prior to the expiration of the
        Option Period.

             (b)  To the extent not exercised, installments shall accumulate
        and be exercisable by the Optionee, in whole or in part (subject to
        subsection (e) below), in any subsequent year included in the Option
        Period but not later than the expiration of the Option Period.
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                 (c)  In the event of either (i) the optionee's death or (ii)
         the Optionee's retirement with the consent of the Corporation or one 
         of its subsidiaries, the option granted hereby shall become immediately
         exercisable in full (notwithstanding anything contained in this Section
         1 to the contrary) and shall remain exercisable until exercised or 
         terminated in accordance with Section 3(c) or 3(d) hereof.

                 (d)  Except as provided in Sections 3 and 6 hereof, no Option
         may be exercised prior to one year after the date it is granted.

                 (e)  Notwithstanding the foregoing, in no event may an Option 
         be exercised at any one time to purchase less than 200 shares of the 
         Corporation's Common Stock.

         2.      The option hereby granted shall be exercised by Optionee
delivering to the Secretary of the Corporation, from time to time, on any
business day, written notice specifying the whole number of shares Optionee
then desires to purchase.  Payment in full of the option price of such shares
must be made at the time the option is exercised.  Payment may be made in cash
or by certified or official bank check payable to the order of the Corporation
for an amount in U.S. dollars equal to the option price of such shares. 
Payment may also be made in shares of Common Stock of the Corporation previously
held by Optionee or by combining cash and shares previously held.  Payment in
shares may be made with shares received upon the exercise or partial exercise
of the option hereby granted, whether or not involving a series of exercises or
partial exercises and whether or not share certificates for such shares
surrendered have been delivered to Optionee.

         3.      The option hereby granted shall terminate and be of no force
or effect upon the happening of the first of the following events:

                 (a)  The expiration of the Option Period;

                 (b)  Termination of Optionee's employment, except in case of 
         Optionee's death or retirement with the consent of the Corporation or
         one of its subsidiaries;

                 (c)  The expiration of three months after the date of
         Optionee's retirement with the consent of the Corporation or one of its
         subsidiaries; and

                 (d)  The expiration of twelve months after the date of death of
         Optionee.

         Retirement by Optionee in accordance with the provisions of any
retirement plan of the Corporation at the normal retirement date under such
retirement plan, or if such date is not so determinable, then at or after the
attainment of age 65 by




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Optionee, shall constitute a retirement with the consent of the Corporation for
the purposes of this Agreement.  Subject to the provisions of Section 8 hereof,
the chief executive officer of the Corporation (the "CEO") shall have absolute
and uncontrolled discretion to determine whether any other termination of
Optionee's employment is to be considered as retirement with the consent of the
Corporation for the purposes of this Agreement and whether an authorized leave
of absence or absence on military or government service or otherwise shall
constitute a termination of employment for the purposes of this Agreement.

         4.      Whenever the word "Optionee" is used in any provision of this
Agreement under circumstances where the provision should logically be construed
to apply to the estate, personal representative, or beneficiary to whom this
option may be transferred by will or by the laws of descent and distribution,
it shall be deemed to include such person.

         5.      Optionee shall not be deemed for any purpose to be a
shareholder of the Corporation with respect to any shares as to which this
option shall not have been exercised and payment made as herein provided and a
stock certificate for such shares actually issued to Optionee.  No adjustment
will be made for dividends or other rights for which the record date is prior
to the date of such issuance.

         6.      In addition to and notwithstanding anything to the contrary
contained in the Plan, in the event of (i) the adoption of a plan of merger or
consolidation of the Corporation with any other corporation or association as a
result of which the holders of the voting capital stock of the Corporation as a
group would receive less than 50% of the voting capital stock of the surviving
or resulting corporation; (ii) the approval by the Board of Directors of the
Corporation of an agreement providing for the sale or transfer (other than as
security for obligations of the Corporation) of substantially all the assets of
the Corporation, or (iii) the acquisition of more than 20% of the Corporation's
voting capital stock by any person within the meaning of Section 13(d)(3) of
the Securities Exchange Act of 1934, other than a person, or group including a
person, who beneficially owned, as of the effective date of the Plan, more than
5% of the Corporation's securities in the absence of a prior expression of
approval of the Board of Directors of the Corporation; any Option granted
hereunder shall become immediately exercisable in full, subject to any
appropriate adjustments in the number of shares subject to Option and the
option price, and shall remain exercisable for the remaining term of such
Option, regardless of whether such Option has been outstanding for six months
or of any provision contained herein or in the Plan with respect thereto
limiting the exercisability of the Option or any portion thereof for any length
of time, subject to all of the terms hereof and of the Plan with respect
thereto not inconsistent with this paragraph.



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         The existence of this option shall not affect in any way the right or
power of the Corporation or its shareholders to make or authorize any or all
adjustments, recapitalizations, reorganizations or other changes in the
Corporation's capital structure or its business, or any merger or consolidation
of the Corporation, or any issue of bonds, debentures, preferred or prior
preference stocks ahead of or convertible into, or otherwise affecting the
Common Stock or the rights thereof, or the dissolution or liquidation of the
Corporation, or any sale or transfer of all or any part of its assets or
business, or any other corporation act or proceeding, whether of a similar
character or otherwise.

         7.      Anything in this Agreement to the contrary notwithstanding,
if, at any time specified herein for the issue of shares to Optionee, any law,
or any regulation or requirement of the Securities and Exchange Commission or
any other governmental authority having jurisdiction in the premises, shall
require either the Corporation or Optionee to take any action in connection
with the shares then to be issued, the issue of such shares shall be deferred
until such action shall have been taken; the Corporation shall be under no
obligation to take such action; and the Corporation shall have no liability
whatsoever as a result of the non-issuance of such shares, except to refund to
the Optionee any consideration tendered in respect of the exercise price.

         8.      Any dispute or disagreement which shall arise under, or as a
result of, or pursuant to, this Agreement shall be determined by the CEO in his
absolute and uncontrolled discretion; provided, however, that the Committee
shall have the right, in its absolute and uncontrolled discretion, to overrule
or modify any determination or interpretation made by the CEO pursuant to this
Agreement, and in such an event the determinations or interpretations by the
Committee shall be final, binding, and conclusive on all persons affected
thereby.

         9.      Any notice which either party hereto may be required or
permitted to give to the other shall be in writing, and may be delivered
personally or by mail, postage prepaid, addressed as follows: to the Secretary
of the Corporation, at 2000 Two First Union Center, Charlotte, North Carolina
28282, or at such other address as the Corporation, by notice to Optionee, may
designate in writing from time to time; to Optionee, at Optionee's address as
shown on the records of the Corporation, or at such other address as Optionee,
by notice to the Corporation, may designate in writing from time to time.

         10.     Shares of Common Stock issued pursuant to the exercise of this
option will be issued only in the name of Optionee and may not be transferred
into the name of any agent of or nominee for Optionee until such time as a
disposition of such shares would satisfy the holding period requirements of
Section 42A(a)(1) of the Internal Revenue Code of 1986, as amended.



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         11.  This Agreement is subject to the terms and conditions contained
in the Plan, a copy of which is attached hereto and incorporated herein by
reference.  All capitalized terms used but not defined herein shall have the
same meaning as set forth in Section 1 of the Plan, unless the context clearly
indicates otherwise.

         IN WITNESS WHEREOF, the Corporation has caused this Agreement to be
executed by its duly authorized officer, and Optionee has hereunto set
Optionee's hand and seal, all on the day and year first above written.


                                        RUDDICK CORPORATION


Attest:                                 By:  /s/ R.N. Brigden
                                           -------------------------------------

                                        Title:  Vice President - Finance

/s/ D.B. Williford
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Title:  Secretary

(Corporate Seal)


                                        OPTIONEE:


                                        /s/ Fred A. Jackson               (SEAL)
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