Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1882-12-23

route to Washington, Ga. Mr.. Rea-
gan applied to President Davis to
have Mr.. Clark assume charge of
the Treasury Department, and
hence the appointment to which
Jefferson Davis affixed his last sig
nature as President of the COnfed.
crate States.
The appointment hangs in his of
fee, sin mernoriam" of the Lost
Cause, to which he gave four Of the
best years of his life around Rich
mond, the Holy city, for which
hecatomb of men were sacrificed to
open its gates.
In the Courier-Journal of Jan. ID,
1882, Capt. NJ. III. Clark published
an extensive article relating to the
disbursement OF the Confederate
Treasury at Washington, which
forever cleared up the infamous as
sertion against the character of JET
ferson Davis, in reported inter-
view in the Philadelphia Press with,
Gen. Joseph K. Johnston.
The junior member of the firm,
Lewis Clark, held a Captaincy in
the famous old 10th Tennessee Reg
iment, which suffered so cruelty
and fought so CALAMITY to the bitter
end. AT Chicamauga the 10th Ten
nessee lost two-thirds of its men in
killed and wounded-a heavier loss
than that of the Light Brigade at
Balaklava, when "stormed at with
shot and shell, rode the six hundred
into the mouth of hell" No kind
lier Drawer spirit, no more gallant,
truer, loyal-hearted gentleman walks
the face of the earth than Capt.
Lewis Clark. The writer wishes
him all the good fortune that ever
falls to mortals. He is the very in
carnation of moral dignity, whose
Iightest word is true to the Utmost |
soul of honor.
GRANGE WAREHOUSE ASSOCIATION. |
T. Herndon, Superintendent, was
established here in 1876. 1t is a
chartered Association, incorporated
under the General Laws of the
State of Tennessee, July 22d, 1876,
and has been from the beginning
magnificent success, and does a
most extensive business, and has
been a great benefitand convenience
to the planters throughout the sur
rounding country. Its object has
been to receive on consignment
tobacco, wheat, cotton and all other
agricultural products, and sell the
same also to receive for storage all
kinds of merchandise and agricul-
tural implements, and TO do a gen.
eral warehouse and commission
business. According to the law
under which the Association was
chartered, the stockholders, of
whom there are large number,
are only individually liable for the
amount of stock subscribed by them,
and for all moneys due to laborers. .
clerks and servants of the corpora
tiOn-In case of the corporation
becoming insolvent. The bylaws
of the Association require that all
shares shall be exclusively owned
by the Patrons of Husbandry, and
that the capital stock of the Grange
Warehouse shall not be more than
$4,000 in shares OF So 90 each.
Stock not transferable except by
consent of the Board of Directors
and on the books of the Association.
Twenty per cent. of the net earn
ings of the Association, after de-
Quoting bad debts, are annually set
aside as a reserve fund. The bal
ance of the net earnings are declar-
ed as dividends to the stockholders
and Changers who ship to the AssO-
citation. One half of the profits,
after deducting the twenty per cent,
for the reserve fund, are divided
among the stockholders, in proper
ton to shares owned by them, and
the other half divided among the
Patrons of Husbandry who have
to the Association, so much
per hogshead. Stockholders shar-
ing in this division equally with
those who are not stockholders. :
The Grange Warehouse never has
failed to declare a dividend of ten
per cent. since it's organization.
The dimensions of the main ware
room are 350x20O, with a storage
of nearly 1000 h0gsheads.
The commercial year began No
vember first and lasts until the first
of next November.
The Grange receipts for lSSO-sl were 5,537 =
hogsheads.
Sales for same 81
Receipts for ,334.
Sales for same years..
The largest sales of the Grange :
since its organization were in the =
year 49,, when they sold 10000 n
Their average sales are
forty per cent. OF all the tobacco sold :
in this market. :
Capt. Herndon, superintendent .
of the Association, is North Caro-
linian from the vicinity of Durham,
n. c., (Which town wrote up two
years ago)and was gallant old Con- t
federate soldier. / found both he Il
and his shipping clerk extremely l
courteous and atfable gentlemen. 5
CENTRAL WAREHOUSE. v
Pettus & Co., Tobacco Statesmen n
and General Commission Merchants. 81
Demanding prominent recogni- v
lion among the resources for which I
the city of GAINESVILLE enjoys for the D
of her immense Interns-
tional tobacco trade and also for its L
vast storage facilities, is the Central B
just below the Tobacco G
corner Main and Front R
streets. The avocation of the Com r
mission Merchant is one of great N
and considerable res P