Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-07-29
The Undertaking in the Hands of
Energetic, Capable and Re-
liable Men.

4
/ the subject of union warehouse and
| compress for the handling Of all the cotton
brought to this city. The project was set
| On foot by other parties but was afterWard
| transferred to the cotton merchants, who
resolved to build the warehouse on the
same terms that had been offered the first
movers by the Nashville, Chattanooga and
| st. Louis Railroad Company, and the 10 /
isville and Nashville and Great SOuther l..
| Negotiations were had and agree men s
drawn up, hut the scheme failed On f.
count % hitch somewhere. During le
winter the Legislature passed two bi Is
| bearing ON the warehouse question Il Re
first making warehouse receipts negot eb e
and the second providing for the OTgal..ya-
| ton of corpora lens; includlng a form Of
charter for cotton compress and warehouse
associations. Both of these acts looked to
enterprises like the present, and are brought
into practical force and effect by the pres
ent movement.
About two months ago the subject Of
leasing the Decatur depot and grUpEas N
South Nashville vas first brOsched. The
| principal receivers Of cotton opened negO-
tiations with the Louisville, Nashville and
Great Southern Railroad Company, result
| ing in the lease being executed July "a.
In the meantime the factors obtained a
charter from the Chancery Court under the
style Of the
| NASHVILLE WAREHOUSE COMPANY"
the corpora ors being J. p. Mcclure, r. ii.
Dudley, J. {. Gilbert, Leonard Parkes, II.
II. McAllisteT, J. +. Wheless, J. IL. Wilkes
| and Z. Hancock-TepreSentin the firms Of
! Ordway, Gordon & Mcclure NOV Ordway,
Dudley & McGuIre), Gilbert, Parkes x
Co., McAllister x Wheless and Holding
Wilkes 4 Hancock. These firms receive
most of the cotton shipped to this city.
The new company adopted a constitution
and bylaws and elected Col. Mcclure
President. Their lease is to run ten years,
at the end Of which time they are 20 have
the preference FOR another decade, ii the
railroad company chooses to continue the
lease at all. 1t gives them the use Of the
immense depot already standing, which is
to be fitted up as
A PART OF THE WAREHOUSE.
The tracks now running into the depot
are to be taken out and laid to the South
of, and parallel with, the building, with an
immense platform intervening. With
these changes alone the company would
have a very large warehouse, the depot be-
ing 25Sxl35 feet and containing "a, $50
square feet. This building isa substantial,
well-built brick structure after the style
OF modern depot architecture. But
ANOTHER BUILDING, 4 THIRD LARGER,
is to be put up, adjoining this at the west
end. 1t will be trapezOidal in shape and
contain y, S64 feet, the four dimensions
being lT5, 236, 271 and 255 feet. 1t is to
be built of brick and will have an iron
roof with immense skylights extending
the whole way along the top and in
vertical position, as is frequently seen
in depO. buildings. The skylights will be
81 feet apart, so that the building will be as
light as day. The platform already It.
ferred TO will be extended westward, so as
to intervene between the new edition and
the Side-tracks Of the Louisville and Nash
vile and Great Southern road, already al
luded to. Its length will be 433 feet and
breadth As feet. The part adjacent to the
old building (25S feet IN leng.h) is to be
covered; the rest open. There will also be
a platform at the west side 295Xl2 feet.
This will be built in the expectation that
side-traCk Of the Nashville, Chattanooga
and st. Louis railway will be laid by il.
Il will be observed that the warehouse
will be
AT THE JUNCTION OF THE TWO ROADS,
and occupying the quadrlngulaT space be-
tween the depot tracks Of the Decatur
road, the Chattanooga road, Cherry street
and the fence Of the q ,ity cemetery. 1t
is difficult to describ. e. 50 that it viii loom
up before the Imagination as it will appear
when completed; but enough has been said
to indicate its mammoth proportions.
The cost Of the additional building,
which will be one Of the cheapest ever
erected in this city, is estimated at about
$4,000. The whole is to be so constructed
as to be almost fireprOOf. 1t is calculated
that 34S, 43l feet Of flooring viii be used
and 700 squares Of iron roofing.
Thu CONTRACTS
have been awarded as follows: Foundation,
to Walden s. Garrett; brick work, to Alley
& Dale; carpenters work, TO McInturf;
lumber, to Spain * Hawkins, and roofing
to Cooper, EUbank q Co.
Mr.. Burr has obligated himself TO keep
THE COTTON COMPRESS
on its present site, which is adjacent to the |
depot building. The great convenience of |
this arrangement needs no explanation.
The Louisville and Nashville and Great |
Southern has already agreed to deliver at |
NC " lELOu1E al lANAA4L NCAA9At8AANA ~ pa
ties at that place, and the warehouse com
pany are confidently counting upon simI-
lar arrangement with the Nashville, Chat |
tanooga and st. Louis. Such a plan will |
to the interest Of both roads,
THE SCOPE OF TIE SCHEME
is to store and handle all freight, cotton,
grain, tobacco, fruit, etc, that may be con-
signed to parties at that place. The men,
in waaaiv-e- oil THAR l
there and dispense with sep
arate warehouses scattered through the
,ity. as they have heretofore had, except as
.hey may require houses for other branches
IF their business. some of them being en-
gagged in the grocery trade. They will in
his way soon save enough in rents TO pay
or the Improvements about TO be made on
be Decatur depot grounds. There will be
/ large saving also in porter and clerk hire
By the change. A competent superintendent
will be elected to take charge Of the entire
business and issue
WAREHOUSE CERTIFICATES
or all produce stored there, which ceTtit-
,ates will be found very convenient for col
ateral security and other commercial pur-
JDses, being negotiable under the recent act
# the Legislature above referred 10.
10 IS estimator LLldt LuC tltllC CUoL VI |
toraee and handling with these facilities
will be
LESS THAN THE DRAYAGE
It present, leaving out of view the present
,ost of storage, Under the existing ar
the cost of handling, storing
md transferring produce in our market is
immense, as it is in most other cities.
ANYTHING which will lessen this cost
viii, by so much, improve the market,
because It will put so much more into the
lands of the merchant and enable him to
ay so much to the producer. The cost OF
and transporting an article Of
TOduce together with the merchants
rOflt must come ont of the value Of the
rticle, and the producer get what is left.
Therefore, when the cost of handling is re-
uced, as is proposed by the present scheme,
ere in Nashville, it is 50 much more left
Dr. the producer. 1t is in this way that the
-ade of city increases. Products will
eek TIE market where they will command
be most money.
THE PRINCIPLE
the same as in the Grain elevator, which