The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1889-11-21

| calhoun has not yet Deen euMmllteQ 10
the Probate Court, but the contents oi
The will are known.
The Milwood property, twelve thou
sand acres in Abbeville county and four
thousand acres in EIbert county, includ.
ing the Trotter's Shoals water power on
Savannah river is left in equal parts
| to-
E. B. Calhoun, of Abbeville.
John c. Calhoun, of New York.
John G. Calhoun, of Florida.
Benjamin P. Calhoun, of Florida
Miss NJ. NJ. Calhoun, ofAtlanta.
Andrew P. Calhoun, of Atlanta.
Pat Calhoun, of Atlanta.
The mountain lands, 10000 acres. is
divided into nine parts, to the seven
persons named above, together with
Mrs. Maria Simpkihs Butler, of Edge.
field.
Miss Isabella Lee, of New York.
The executor, Mr.. Pat Calhoun, is
authorized and directed to set off from
the lands above named two small tracts,
in such places as he may deem proper, as
follows:
To his servant, Carolina Calhoun, $50
acres
10 Edward kelser, who had managed
his farming interests for several years,
$50 acres.
The will was signed October 10, 1889.
The testator died October 81, 1889.
The witnesses to the will were NJ. @.
Butler, of Edgefeld, Marcus q. Wood.
ward and Jas. W Grep, both of Atlanta,
Ga.
tits understood that it is the policy of
Mr.. Pat Calhoun, and of bis brother,
Mr.. John G. Calhoun, to endeavor to
preserve the Abbeville aud Elbert county
property intact and that they will seek
the co operation of the other legatees in
an effort to induce capitalists to invest
the necessary amount of cash to erect
immense cotton factories Gil Ttotter's
Shoals.
a majority of the legatees are believed
to be well off in this worlds goods, and
1t is supposed that they and some of
their friends will organize joint stock
company to carry into effect one of the
most important industrial enterprises
with which this section of the South has
ever been favored with.
The fall in seven milesis 1875 feet; the
supply of water is constant and inezhaus-
tible-being supplied by never. failing
mountain streams.
Another advantage lies. In the fact
that because of the width of the river
and swiftness of the current, the stream
has, we believe, never been known to
rise higher than seven feet above low
water mark.
The lands are high on each side of the
stream and the water is never out of the
channel.
Atpresent, the only question is, as to
the availability of the power, and the
suitablsuess for factory sites. If compe.
tent engineers should ind the water
power available and the lands suitable
for factory purposes, then there is no way
to properly estimate the value of this
property to any company of capitalists
who may choose to improve the prop
erty.
Recently the Savannah Valley Rail.
road has run for miles through the edge
Of the lands, and near to the shoals, and
it is now certain the Georgia, Carolina
and Northern Railroad will cross the
estate at the head of the shoals at an
early day-possibly within year from
this time.
With the building of these railroads,
and the utilization of this vast water, the
increase in all the property in that sec.
ton of The county will be immense. It
has been the history of other remote
sections that after the appearance of
railroads, and after the building of fac.
tories, that farming lands have gone up
greater in price, and we see no reason to
doubt that the rule would hold good in
case the Trotter's Shoals property is i'm
proved.
100000 or s2,OOO,oOo invested in
factories would make the lands Of the
estate Of Mr. Calhoun, to say nothing of
the water power, worth perhaps three
times as much as they are at present.
1.-THE legatees are wise, they will CO.
operate with the Messrs. Pat and John
G. Colhoun in their effort to improve the
property, 10 which they have so recent
ly fallen heir. If the estate is divided,
and the water power destroyed, it is
doubtful ifit would bring the assessed
value S4.25 an acre. With the property
improved, it would be worth possibly $50
an acre. BY improving it the vast amount
Of timber might be pro6tably utilized
AJbeuiWe Press and Banner.
The Gnl. Way 10 Become Capital.
ist.
Somebody must save money. aud the
people who save it will be the capitalists
md hoy uill nnntrnl the orna ni1at tinn Of