The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-07-22
FLORIDA'S CAPITAL.
Several New Phosphate Companies
Incorporated.

TALLAHASSEE, FLA, July 21.-Articles
of incorporation of the Florida Phosphate
Company have been filed with the secretary
of state. Thecapital stock of this company
is $4,000, and it will operate il Citrus
county, having its principal place of bust
ness III Ocala. The incorDoratOrs are
William b. Chisholm, George c. Stevens,
Philip Lawtey aud Cephas b. Magruder.
1t is rumored that wealthy English
syndicate have experts examining lands on
the Caloosahatchie river, in Lee county,
belonging to Tallahassee parties, and thai
they have made big offer for the lands,
which are said to contain one of the richest
phosphate deposits yet discovered. The
parties have the offer under advisement
SOUTH JACKsoNvILLE's NEW PLANT.
The Little Brothers Fertilizer and Phos-
phate Company. which is to have it's prin-
clpal place of business in South Jackson
vile, has filed articles of incorporation
with the secretary of state. 1t has a capi-
tai stock of 100000. with the privilege of
increasing it at any time to $500, 900, and
Will manufacture fertilizers from phos-
pilates for sale and export. IL is incor-
porated for ninety-nine years, and the
Locknart Little, Archibald o. Little. Alex
ander Radcliff, all of England, and Harvey
Granger of Jacksonville.
Gov. Fleming and his son Frank will go
to Pablo Beach tomorrow. The latter has
been quite i'll for several months, and the
governor goes to Pablo with HIM in the hope
that the sea breezes will hasten his re-
covery.
PHosPHATEs ON THE RAIL.
The railroad commissioners have placed
phosphates, including phosphate rock, peb-
bic phosphate, fossil bone phosphate and
soft or mari phosphate, in carload lots,
under class T, and have fixed schedule of
maximum rates that the railroads doing
business in this state may charge, which
are to go into effect Aug. |, but the rail
roads are left free to reduce these rates at
their discretion. Under these rates the
shippers may be required to pay the cost of
loading and unloading. The rates are, per
ton of 1000 pounds for ten miles or under,
43 cents, increasing by gradual scale; 100
miles and over 30, 95 cents; 200 miles and
over 100, 81 45; 300 miles and over 300,
81 20; 400 miles and over 800 50, etc.
COUNTY TAXATION.
County taxation has been a source of free
and frequent discussion for some time. Last
year it was onerous, being 1914 mills The
county commissioners have taken the mat
ter under consideration. and think they can
run Jne county Jnls year on tax OF ten or
eleven mills. Parties who carried the scrip
Indebtedness that was bequeathed by the
republican administration some years since
sued the county and secured judgment,
which gave them interest at 8 per cent per
annum. The commissioners are now ar
ranging to transfer this judgment debt to
parties who will carry it at 515 per cent.
The Judgment debt is 81, 450. and the saving
in interest will amount to $1S6 25 per an
mum. During the past year the trustees of
county bonds paid 81, 900 of the bonded In
debtedness, reducing it to 49,, 900. The
county commissioners will meet in speca
session tomorrow to further discuss The
reduction of taxation.