The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-02
GEORGIA THRIFT.

q y
Montezuma's Improvement Company re-
ports bright outlook.
A new hotel is to be built at Oglethorpe
by the local improvement company.
The Georgia, Carolina and Northern rail-
way will pass through Lawrenceville.
The Etowah Ocher and Tale Company Of
Gainesville has sold out to northern CAPT
talists
Rochelle has a newspaper called the
Solid South. It's first number is a very
creditable one.
Cordele needs lumber yard. The great
cry among contractors and builders is the
scarcity OF lumber
brick hotel at Oglethorpe, and it will be
used as his machine shop.
M. Nussbaum has bought the Brown
house at Macon and its furniture. The
price is understood to be about $4,000.
The citizens of Butts county have at last
decided to build new Jail. 1t is to be of
brick, and built on the lot where the old
jail now stands, at a cost of 5000.
The dummy line from Flovilla to Indian
Spring has been graded, the crossties laid
and some of the iron has arrived and the
road will be in running order in time for
next summers travel.
Col. NJ H. Field shipped carload of cat
tie and chickens from Canton to Florida
Wednesday. This is the second shipment Of
that kind Mr.. Field has made recently to
the Land Of Flowers.
South of Quitman, six miles from tho
railroad, lies bed of fine fire. brick clay.
There is an outcrop of twenty-five or thirty
acres of it, and it is on the plantation Of
Mrs. Fanny A. Arlington.
The building committee of the new Meth
odisE church at Cordeie, after examining
bids from several parties, has awarded the
contract to j. e. Rachels. The terms of
the Contract require that the building be
completed by Aug. l.
At the last regular meeting of the Cordele
Mutual Building and Loan Association
eighteen shares were Cancelled, the money
selling for IS aud 90 per cent. At the pres
emit rate all the shares will have ueen can
celed and the association wind up in about
three years.
Rochelle Register: N. c. Conner and R.
H. Vaughn have sold their large saw-mili
near this place to Msssrs. L. j. Jackson and
w. A. Rogers Of this place for $4,000.
Messrs. Jackson & Rogers will run tran
roads from here Throughout The county tc
mill to the railroad.
A number of hands have been put t.
work on the iron property near Canton
recently purchased by a Nashville syndi
cate. For the present the ore will b.
shipped III car lots TO the company's fur
naees to be thoroughly tested. If it proves
| to be what they think it is, furnaces will b.
erected on the property or at Canton.
Judge Amos c. Speer has sold to Johr
| W. Forester of Lee county his farm of 30(
| acres, on the Sinithviile and Lumpkin turn.
pike, at Americas. Ths price paid i:
$4,000 A year ago Judge Speer purchased
| the place for S., 900 from his brother, Maj
Moses Speer, who had short time pr Oh
the property lies in the cty's limits.
Valdosta Times: The cigar manufactur
| ing company was organized on Thur day
night of last week, under their charter, and
| is now ready for business. The stockholder.
met in the law Office of Messrs. Slater &
| Ashley, adopted a code of bylaws and reg
ulations, aud elected-th following officers
B. P. Jones president, NJ B. Lane vice
president, J. j. Jelks general manager. Tht
directors elected were: B. T. Jones, N. B.
Lane, J. j. Jelks, W. D. Peoples, J. F
| Lewis.
A few months ago q company was formed
| in Cordele of 500, 900 capital and elected a
| good, staunch board of directors, who
| bought from the AmerIcuS investment
Company all the land they owned in and
near Cordele These businessmen have
spared no pains to make this company 9
| comDlete success The stock is now worth
| $125 per share and none can be bought at
that price. This company own the greater
part Of the Cordele cotton factory stock
and the Cordele ice factory stock, and
about q, 900 acres Of land in Dooly county
near the Savannah. Americas and Mont
gomery railroad. TIE directors of thi
company declare that they will not be sat
isfied until the stock reaches the high water
mark of $500 per share.