Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1872-10-19
THE GRAIN MEETING.

THE GRAIN MEETING.
Agreeable to notice, large meeting Of
our country farmers and business men Of
Dallas was held at the Courthouse on Sat-
urday last for the purpose Of forming
Joint Stock Company to build up grain
market in this city. 'sta .i..sI.a ..y.
Upon motion of G. NJ. Swink, Esq, Jno.
Henry Brown was called to the chair, and
Maj, Il. W. Baylor appointed Secretary.
Mr.. Brown, on taking the chair made
the following remarks, which VIC find re-
ported in the News: b..a
GEYTLEMEN-Thism me citing, unlike many
heretofore held in this place, affecting
railroad subsidies, politics, etc., is one in
which all Of our people can ,harmoniously
uniie,., Its object is to take all necessary
preliminary action TO secure the formation
OFFS company, composed Of the farmers
and business men Of a large portion Of
North Texas, whose objectshall be to build
up at Dallas central and reliable market
for wheat and all other grains, and also
for -four. The crossing within this town
of two great lines of railway, directly con-
Meeting US with the north, south, east and
west, while VIC are in the centre Of the
grain region of North Texas, indicates
Dallas as the best and most economical
location at which TO build up such mart
of exchange and manufacture. The bene.
fits directly to the farmer and indirectly
to the whole surrounding population, Of
whstever pursuit, must be inesumable.
To deyelope the whole scheme, all that
seems essential is the formation of q
company Of practical men to build and
manage at the Immediate crossing Of the
Houston and Texas Central and the Texas
Pacific railways, in this city, ample ware.
houses for storipg all grain that may be
brought in for sale, shipment or manufac.
ture, with elevators for loading aud un-
loading wagons, cars, etc. And second
ly. for the erection and operating one or
more first class Touring mills, on princi-
pies in no wise to interfere with private
mills, but TO encourage them. We desire
to give the farmer the benefits OF q mar.
ket for his wheat and oil other grain as
stable and reliable as those of st. Louis
and Chicago--:o render his wheat as
available to him ut all times of the year,
at its market value, as 80 much cash. Its
value will be regulated not by the capri
ces o. a few local traders, but by the MARI
keis Of the world, preciselyas cotton is
regulated. The mills of tbs proposed
company, the private mills in town and
country, and buyers from Chicago, Saint
Louis, New Orleans and Houston, will
ever be- rivals in our market, guarantee
ing to the farmer the full cash value of
his grain at any and oil timeA. Besides
this, tic moment grain is stored and re.
ceipted for by the warehouse, whether for
sale, shipment or manufacture, it is GOV.
cred by an open policy Of insura nee, and
the holder oan convert il into cash, hold
it for rise in value, ship il in bulk, or
have it ground into -four, as be may pre-
fer.
With our wheat and our coming into |
market annually on an average offorty |
days earlier than the northern and west
ern crops, we nave only to develope our |
resources, establish their safe and cheap
facilities for rapidly handling large bulks,
In order 10 secure the formers OF north
Texas an immense advantage over oil 9th.
er parts of the Union, east Of the Rocky
mountains. .i $50 tlkr 40 /
The plan now proposed is excellent and
has borne the test of thorough trial else
where. Tho farmers of the country as
we'll as business men from every motive
Of interest, should comb to its did, and no
longer remain subject TO moro accident
and chance as to the value of their grain
TO a few mills scattered here and there.
But, instead, let all unite their aid in
building up system by which the grain
grower win always be sure of the highest
cash value for produce. We have the
means and the power TO do this. Then rs
sensible men, let us go TO work and do 1t.
The following committee was appointed
10 draft Resolutions: Capt. Adams, G.
NJ. Swink, W. L. Murphy, Mr.. Barton,
Col. J. NJ. Crockett, Mr.. Horton, Mr.. VIM
and Judge Hord, and during their with
travail, Gen. Good addressed the meeting
with some very appropriate remarks.
The committee reported the following
which were unanimously
ldepted: .aiiire !
Whereas, Believing Ito be of vital inn
,ortance 10 the. county Of Dallas and the
rain growing regions of Northern Texas,
hat every facility should be given for the
Of o market for wheat and
,ther grain as near our own doors as pos
ible, and fully approaching the sdvan-
ages to be derived from such market
md such an enterprise Therefore be it I.
1cs kaf I.ot1 xri ia
he efforts now being made BY the "Dallss
Train Elevator and FIGURING Company"
o build up Touring mills, elevators and
rare houses for the handling in bulk and
forage Of all grains and the manufacture
{ -four, and will use onr utmost endeav-
rs to secure. the success Of the same.
I'd. The object Of this. enterprise being
} afford TO the farmers the same facilities e
DR. storing, shipping and selling his grain
bat he nov has for his cotton, by a thor
ugh organization Of a grain market, we
Drdially commend the enterprise to the
.vorable consideration Of the farmers Of !
orthern Texas, and we would more espe. q
ally urge those Of Dallas county to give Il
the enterprise their immediate and un Q
ivided support. ei1t.s 4
Under our general law Of Incorporation, !
ls following charter was then adopted: i,
-s 80 CHARTER. u
be S,a.e OF Texas, IN
,ounty Of Dallas. D
Know all men BY these presents, Iii
hat, under and by virtue Of sn act Of the e
.eislaturs Of the State Of Texas, entitled
=. n