The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-03
GEORGIA THRIFT.

Houses are scarce az Athens, and but few
can be rented
The Baptist church at LaGrange is being
greatly improved.
LaGrange wants a building and loan
association and cotton compress.
Alr. Weataerspoon will build a new store
on Hoyt street, Athens. II will be two
story building.
The Brunswick Brewing and Ice Com
pany will have its machinery in operation
within fifteen days.
The Masons of Atlanta have already sub.
scribed $4,000 of the $50, 900 required for
building a Masonic temple.
1t is said that Judge James Brown of
Cherokee county is the richest man In North
Georgia with fortune Of 100000.
The Cook property. JUS north of Column
bus, comprising 255 acres of land. has been
purchased by strong syndicate OF local
capitalists.
A lot IN LAGRANGE sold few days sincs
for S52 front foot, and the land was at
least four squares distant from the business
center Of town.
Edward Gwaltney of Henry county has
invented new cotton gin, which be claims
will gin eighteen bales in the same time
that the gins now in use can gin one bale.
There is talk of the purchase OF the court
house or Clarke county by the city of
Athens for city hall or school building
There is considerable opposition to the
project, however.
Brunswick is soon to have an evening
paper, the Post, uader the ownership and
control of G. L. Frost and W. P. Kent The
former was for some time the business
manager of the Brunswick Times The
latter gentleman is University Of Virginia
man of fiua pGHnQ fiDn and has had mood
experience Of newspaper work on the New
Y ork dailies
One share of Macon Construction Com
pany stock, belonging to the estate of the
late >. 1. Coleman, was auctioned at Ma
con, Tuesday. This was divided into quar-
ters and sold at the rate Of S7,700 per
quarter. or $50, 500 for the whole share. S.
Il. Jaques bought two quarters, w. 3.
Sparks one quarter, and s. Siesei one quar-
ter. The Macon Construction Company has
been organized less than three years, but
the stock has advanced from $4,000, par
value, to more than thres times that price.
Hardefnan & Davis and Hardeman g.
Nottingham have filed eighteen suits in Bibb
superior court in the name of John Glenn,
trustee. The defendants are subscribers to
the old National Express and Transporta-
ton Company of Virginia, organized away
back in the Cos. They subscribed to the
project, and 20 per cent of their snbscrip-
tons were called in and paid. Then the
company died, and nothing more was heard
OF ituntil John Glenn was appointed trustee
for the concern in the chancery court of
Richmond, Va, and got decree of the
court allowing him TO call in new assess
ment OF 30 per cent to hquidate the IN
debtedness of the corporation. This in
debtedness was bought up for few hun.
dred dollars Since then there has been
collected $270,000 from the original sub
scribers to the stock. The par value of a
share of the stock was 500. The subscrip-
tions Of the Macon parties were from ten to
one hundred shares-of from $1,000 to
$4,000. The amount due by the eighteen
stockholders in Macon is equal to about
100000, but not more than $l5, 900 or $40, 600
of the same are now due by the solvent
defendants.