The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1871-11-02

| McGukin, John w. Daniels ana geo. w. ranI'
| During the absence of the Committee, the
meeting was addressed by Messrs. John B.
Moore and James, A. Hoyt, urging the citizens
put forth every. effort to. erect the proposed
manufactory, which would, without doubt,yleld
them handsome dividends on the. Investment,
and add immensely to the population, prosperi-
perity and wealth of the County.
The Committee, after due consideration, re-
turned and submitted the following Report and
Resolutions, which, after full discussion, was
unanimously adopted, every gentleman in the
house rising to his feet: "
REPORT AND RESOLUTIONS. |
The Committee to whom it was referred to
prepare business for the meeting, and to con-
slider the CONCLUSIONS and suggestions" OF Ger
tain citizens In relation to the practicablilty
and importance of establishing extensive cot
ton mills, to be propelled by steam, in the town
| of Anderson. have had the same under consld-
Grafton, and ask leave to report:
! That they concur fully in the conclusions ar
rived at by said citizens. They are entirely
satisfied that the erection of such an establish.
ment as is proposed will be of incalculable pc
cuniary value to the people of the town and
| county ofAnderson. That steam, as the pro-
pelline power of the machinery. used IN the
manufacture of cotton, may be safely econom-
/ ically and proftably employed, and on some
accounts is preferable to water power. Ihat
investments made in the stock OF the proposed
manufactory will be unquestionably safe, and II
managed, will pay handsome dlvi,
l'dends. Hnd therefore, without time at present
it0.assign their reasons for the ta,th they nave
lin the triumphant success OF the proposed en-
Iterprise, they recommend the adoption. OF she
following resolutions, to wlt:'oo@ - Il -;
/ Resolued, That this meeting yconcurs in the
conclusions and suggestions of certain citizens,
h in relation to- the erection of Cotton Mills IN
this town, and that we will devote our influence,
time and means, jointly and severaily, as TAR
as we can consistently with other dutesJ to the
success of the proposed enterprise. ~ >
Resolved:: That the people of the county OF
Anderson be specially called on to unite with
us in raising the requisite capital, and putting
the proposed mills into prompt and successful
operation, whereby judicious and well-arss
ranged system of cooperation, it is believed
the cotton crop of the County, by converting 1t
into manufactured goods at home, may beabout
doubled in value. -
Resolved, That our friends, and personseve,,
Irywhere with whom our place has commercial
dealings and intercourse, be requested'to aid US
in raising the requisite capital stock, to insure
the success of the proposed enterprise. :,
Resolred, That lists for subscription to the
capital stock of the proposed manufacturing
company be prepared, printed and circulated
forthwith, and that persistent and unyleldlng
effort be made to raise the requisite amount to
begin preliminary arrangements within the
space of thirty days from The delivery OF the
lists. :.
Resozced, That every person to whom list
is sent be requested to act as Special. Com
missioner to procure subscriptions to the capt.
tai stock, and that they return said lists to the
Trustees at Anderson at the end of 80 days.
ResoZued, That 0. II. P. FAINT, w. 3. Sharpe
and N. K. Sullivan be appointed Trustees, to
whom subscriptions of stock shall be made
payable until the Company is organized, and
that the following Committees be appointed, to
wit:
/. A committee of three to prepare and Sc
cure charter for the Company.
i 2. A committee of nine to prepare prlei
address to the people of the County on the
matter in hand. :,
| 8. "A committee of five ON correspondence,
and to circulate subscription lists. I
| 4. A special committee of seven TO canvass
the County, explain the enterprise and secure
subscriptions of stock.
Resotued, That the Conclusions and sugges-
tions of certain citizens" together with the
proceedings of this meeting; the address to the
County, and the form of subscription. hsti
which is herewith submitted, be printed TO!
gethef for general circulation.
,,All of which is respectfully submitted.
- B. f. ,CRAYTON, Chairman. .
The following Committees were then appoint
Cd hv the Chair. under the sixth resolution, to-
wit:
To- prepare Garter.-Joseph N. Brown, b. +.
Whitner and w. S. Sharpe.
On Correspondence, and to circulate and super
intend Subscription Lists.-W. w. Humphreys,
w. J. Ligon, John W. Daniels, D. S. Maxwell
and S. NJ. Pegg.
To Canvass the County.-James A. Hoyt
John B. Moore, B. F. Crayton, r. S. Hill, j..
c. C. Featherston, VIM. McGukin and W. S.
Brown.
To prepare address to the C0unty,-B. F.
Crayton, ]. A. Hoyt, J. P Reed, A. T. Broyles,
T. A. Evins o. H. P. FAINT, N. K. Sullivan,
Daniel Brown and John B. Watson.
On motion, the Chairman of this meehng
was added to the Committees to prepare Char
ter and to canvass the County.
A subscription list, presented by the Commit
tee in the following form, was then read, as fol-
lows:
"The undersigned hereby agree to subscribe
for the number of shares, at twenty-five dollars
per share, and amounting to the sum OF money
in the aggregate, as set opposite Their names ma ne,
sevarally below, to the capital stock OF the
"People's Manufacturing Company" at Ander-
son, S. G. And they do hereby several prom
Use to pay to Messrs. 0. II. ?; FAINT, ". S.
Sharpe and N. K. Sullivan as Trustees, for the
use of the said Manufacturing Company, the
said sums of money, as follows, to wit: IWen-
ty per cent. upon the organization of the Com,
pany under charter, and twenty per cent. at IT
the end of every sixty days thereafter, until all
is paid. .,o,,,