The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-05-16
TO BE THEIR OWN FACTORS.
NAVAL STORES PRODUCERS DIS
SATISFIED WITH MIDDLEMEN.

they DO Not Think the Best Results
Possible Are Obtained Under the
Present system. and Propose to He
come Factors on Their own Ac-
cOunt-An Organization Perfected.
The meeting of naval stores operators
al Masonic Hall yesterday was not as
largely attended as was expected.
a number Of operators who were in the
city did not attend. and Of the TWENTY-FIVE
or thirty present several did not unite
with the Turpentine Operators Protective
Association which was organized. 1t is
stated, though, that about a dozen opera
tors who were unable to come to the city
have taken stock in the association, and it
starts existence with over twenty-five
members and $4,000 capital subscribed
The par value of a share is 500. The
promoters of the association appear to be
confident that they Will place considera-
bic more Of the stock.
The meeting was organized by the cleo
ton OF Mr.. Albert Pridgen. n prominent
naval stores man of Pitts, as chairman.
ana Mr.. G. W. Warn Of Luraville.
Fla, as secretary Among those
present were D. T. Doughty of Cordele: J.
p. Coffee, Coffee: l. L. Vickers. Arab:
T. H. Vickers. Hybert; A. Pridgen. Pitts
r. ;. Gaulden. Oldtown, Fla: Z. w. Bull
lock, Seville: J. K. Young. Valdosta: d.
c. Newton. Pooler: p. II. Carter. Oner-
man; F. b. Collins, Cairo; F. T. Breen.
Doctortown; C. w. Warn, LuravilIe Fla. :;
William Pritchett and H. E. Pritchett. Lo-
THAR; w. c. Afford. Daisy; E. p. Rentz.
Covena; H. Z. Pritchett, Wnlingham: II.
c. Carr, Claxton; W. II. Page. Lyons.
Mr.. Gignilliat of Gignilliat & Stubs, was
present as legal adviser.
In taking the chair Mr.. Pridgen stated
that the meeting was called in view
or the unsatisfactory condition of the
naval stores business from the operators
standpoint, to devise plans by which bet
ter results could be obtained for the in
dustry. He referred to the low prices
of the past two or three years
and Of the present condition of the
market as evidence of the necessity of
some concerted action by the producers.
IL was incumbent on them, he thought,
TO cooperate to protect and advance
their business interests.
Mr.. Pridgen explained how the present
meeting had grown out of previous meet
ings at Cordele, at which it had been
decided to secure a charter and make
all the preliminary arrangements for
organization, so that when general
meeting was called no time need be
wasted. This charter, he said, would be
presented for the consideration of the
meeting, and if it saw ht TO adopt it
organization could be at once perfected.
Mr.. Gignilliat, who had prepared the char
DER could explain its provision fully.
Mr.. Pridgen 5 remarks were cOnsorVa-
tive in tone, but he forcibly impressed
on the operators present the adVisability
as he considered it, of taking some decided
stand at once
Speeches by Messrs. Doughtry, Carter
Nickers and other operators Followed
Some were not as mild as the chairman
Dissatisfaction was expressed with the
manner in which the speakers believed the
Savannah market to be manipulated
Prices, they thought, could be advanced
If the factors were alive TO their interests.
One operator Ventured the suggestion that
the factors were specializing in spirits.
General complaints about the method of
dispOSing of their products were made, but
there were no specific statements as to
how the factors We're in error. The or
ganiZation of such a stock company as
the charter provided for it was urged
would promote their interests greatly. If
the factors were not doing what the OPP
orators thought they should do, II seemed
to be the opinion of some of those at the
meeting that an agent representing them
in this market and handling their stuff
to secure the best results.
IT'S the middlemen we believe are con-
SlQeraDly 10 DldIne Tor the present low
prices" said one of the operators to a
Morning News reporter.
The charter was unanimously adopted
Several had left the meeting, and there
were about twenty who remained to take
part in the organization. committee of
three was appointed to nominate officers.
Its report was adopted and the following
were declared elected:
President-D. T. Doughty.
Firse Vice President-K. NJ. Patterson.
Second Vice President-J. w. West.
Directors-R. L. Bush, J. w. Callahan,
p. Rentz, II. E. Pritchett, p. H. Carter, J.
X Young, d. c. Newton and E. l.. Wick
By laws were adopted. The directors
have large powers, and will lay out the
line of action for the assOcia-
ton There is hardly any doubt,
made to the News reporter by a number
of the operators, that the real intention of
the association is to establish another CO.
operative factorage house in Savannah,
modelled somewhat after the Savannah
Naval Stores Company.
Some of the operators who came up for
the May week festivities and who did not
take part in the meeting ex-
pressed the opinion that moth
movement mo and that no efforts to bring the
great body of operators together in a. CO.
operative scheme such as this association
contemplates would ever succeed. The
promoters of the association are confident
that the membership will increase rap
idly The directors We're chosen from
widely separated points in order that each
might have a considerable field to work
on for new members.
The Savannah factors while declining
to discuss the movement do not appear
to be at all disturbed by the prospects of
having their business diminished through
its agency.