The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-25
GEORGIA THRIFT.

Tee Like Bluff mills near Darien started
,r9rk on Monday last.
several artesian wells will probably be
,-red at Macon for private parties.
Very little timber was received at Darien
-. week. The vessels continue to come,
however.
The Central bridge at the foot OF Smith
-.raef Columbus, has just beel completed.
HE bridge is 60xl00 feet.
NJ High will build $1,000 dry goods
.r7norji11n at the corner Of Whitehall and
Hunter streets at Atlanta
Mcintosh county is still in debt a few
Ln1drei dollars. However, next fall will
see ber with balance to her credit.
Mr.. Pierre Lorrilard Of New York is
ersc-,ny a $40, 900 mansion at Harris Neck,
,,aar Darien. Tae building will be COM
nie.ed il about mo1th.
The Empire mills company Ct Darien is
,,oiro extensively into the timber cutting
6neiSess in the up-country. They have
bonpbt uI1 large amount of timber lands.
An attempt is being made to secure fer
ATaricus a first-class foundry and machine
ehon already established in Georgia city,
,rith a fine business. Business men there
bave agreed to take So, goo worth of stock
and donate a site.
It's rumored that Augusta is to have a
,o1v bo1el. One rumor says that Col. Dyer
hos take ! an option on the Planters hotel
and will interest sufficient money to make
Il ore Of the handsomeSt and most COM
modious five-story hotels in the south.
Parties interested in a stock company in
Vatkinsville were in Athens Saturday and
lift an order at the Athens foundry a. d
machine works to fit up a first-class bobbin
mil in that iowa. This will be TIE second
one in the south, and Will doubtless do a
great business.
The Augusta glass works are now cousid-
Grad a certainty With comparatively
lille effort $4,000 has been subscrit ed
cut of a total of $50 600 required from the
citizens Of Augusta. Outsiders, it is said,
sand ready to subscribe $4,000 additional
if needed to erect and equip first-class
riant and furnish ample commercial cant
iaI. No bonds will be issued, as it IS the
intention of the management to get the fall
amount required in stock.
r. J. Hester, q farmer living at the
Fork" in Greene county, was in Athens
Saturday. lie had with him several
massive Jumps of magnetic ore, and left
them with Prof. White to be analysed. He
saws be found them lying around near the
surface Of the earth on bis plantation ard
was attracted by their apparent richness in
IRON ore. The lands around in his region
abound III this rich iron ore, and is calcu-
lated to attract capitalists with considerable
power. 1t is said THAI all over Greene
county can be found this rich ore, and no
one knows but that it is as wealthy streak
of iron as is to be seen III Sweden or Ala
bama.
Notice has been given by the Augusta and
Summerville Street railroad of Augusta to
the electric line company that they must
not lay tracks on streets already occupied
I,-+b o 1ipoc Of ba At7or S1,,,, ,aY.-
vile company. The Augusta and Summer
vile Railroad Company has by ordinance
'the exclusive right f way through aid
over all the streets in the city, except Mon
ument street," for street railroad purposes.
Nevertheless, in order to promote tae more
complete development of the city the b ard
Of directors Of the Aug ista and Summer
vile company are willing to waive their
legal rights in part and permit the privilege
Of constructing aud operating lines on any
street not occupied by their company. II
LOOKS very much as if fight would be made
by the new company.
Z. Farmer, a wealthy New Yorker,
brother-in-law of Sol. Waxelbaum of Ma
con, has purchased through Turpin a. Ogden
tie property corner of Plu II and Third
streets at Macon belonging to Mrs. Smith,
a sister of the late James RalstCn. w. G.
Solomon has just bought from Duncan &
Camp over 1000 worth of property on
Ash street. The McElroy place has been
selocyed as the site for the "Vi evilie Ian,
Macon's new 100000 hotel Fifteen acres
of land just outside the city limits, rear
Roust Bros wheel factory, has just been
sold to the Macon Construction company.
This land was bought for the location Of tne
shors of the Georgia Southern and Macon
and Birmingham railroads. The work of
surveying and condemning the right of
way 50 as to lay tracks to the shops will
begin Monday.
The petition for incorporation of the
Augusta Security Company is being pub
lished in the Chronicle. The names Of the
petitioners, Charles H. Phinizy, Charles
G. Goodrich, John Phinizy. James L. Flem-
ing, John 7. Newberry, Clarence V. Walk
or, Golden Rhind, Eugene j. O'Connor, W..
H. Tut and Fred I. Lockhart, all
of Augusta, and Frank c. B. Avery
Of the city, county and state Of New
York, are guarantee OF the solidity
ard stability Of tho company. The
capital stock of said corporation
is to be 5000, 900, with privilege of increas-
ing it to $l,000,000. The company will
place 100000 of the Georgia bonds with
the state treasurer as security and guarantee
Of its solvency and responsibility. 1t viii
be q company which testators can leave es
executors of their wills aud guardian OF
minor children. 1t will have ample So.
curity for its proper management of estates,
and will make study of inves ments.