The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-08-23

Banks OF the box factory, Mr.. j. \. VIII
kinson of the planning mills; Mr.. r. y.
Hines is the general supervisor of the
outside work. and Mr. G.. r. Branning
is the superintendent OF the several
railroads of the company. Horton Cor
win, Jr., is secretary OF the Branning
Manufacturing Company, and secre-
tary and treasurer of the cOmpany's
railroads.
The general Offices are in Edenton.
The company owns sixty miles OF
railroad, laid with steel rail, and has
seven locomotives and q number of
cars and flats.
The Wellington and Powellsville
railroad, the property of the company,
runs from Wellington, on the Cashie
river. to the centre of BERTHE county.
1t is fully equipped, and now has regu-
lar daily passenger trains. The logs
cut on the timbered property of the
company in the centre of the county
are hauled to the wharves at Yelling
ton, where two large boats take them
in hand and tow them twenty-five
miles TO Edenton.
The town OF Branning, where the
machine shops, round houses and gen
eral stores of the railroad are located,
is the end Of the first division OF the
railroad. The Coleraine branch is com
pleted from Branning nearly 10 Cole
raine.
Each division that leads from Bran
| ming is eight miles long. $4,000 is in
vested in this railroad. The company
owns $4,000 acres of timbered land
along the line,
In Hartford county, a six-mile rail-
road owned by the company runs from
Red Bank, on the Wicacon creek. This
is equipped with one locomotive and
ten cars.
In Gates county, near Gainesville, the
| company owns another railroad six
miles long,equipped with locomotive
and ten cars.
The two modern tug boats owned by
| the company and used to tow the RATS
OF logs to the mills are the u w
Framing and the Arm and Ham
mers"
Among the other timbered lands
owned by the company are 5000 acres
in Washington county, 5000 acres in
Tyrrell. large quantity in Hyde and
hundreds Of acres in Chowan.
The Pease United Lumber Company,
of Springfield, Massachusetts. are the
agents OF the company, and sell all
their understandable lumber. The pro-
duct of the box factory is sold direct to
customers.
This brief sketch necessarily limit
ed, is only a passing view of this large
establishment, whose business and in
huence has such a wide range. 1t is
one Of the great institutions on which
rest the solid business foundations of
Edenton and the Albemarle section.
THE BANK OF EDENTON.
The Bank of Edenton is a tasteful
new brick building, situated on the
main street of the town, a building
admirably adapted to the purposes for
which it was designed. The fittings
and furniture are unusually handsome.
and include all the equipment of the
modern city bank. 1t is busy place
during banking hours, for the hustlinp
merchants and manufacturers of Eden |
ton as well as the fishermen and farm
ers of all the tributary territory here
do their banking business. The bank |
is not yet two years old, but has made |
phenomenal record in that brief time.
1t is one of the most stable and vigor-
Gus young financial institutions to be
found. All the officers are Young men.
mon VI CHtSI Prise ana large business
capacity, and they have made the en-
terprise a marked success. The bank
of Edenton was organized in October.
1894, and began business in January
2lst, 1895. 1t has a capital stock of
$4,000, and does a general banking
business. Mr.. Julian Wood is president
of the Bank, Mr. f. L. Woodland is vice
president, Mr.. George r. Folk, cashier.
and Mr.. Julian Gillian. teller. The
directors are: w. o. Elliott. NJ. Y.
Dixon, j. G. Wood, Frank Wood, w. d.
Pruden, r. l.. Woodland and Julian
Wood.
THE RAPER LUMBER COMPANY.
One of the large Industrial enter
prises of Edenton and the Chowan
section is the Raper Lumber Co. The
busy hum of it's saws is heard from
morning till night and it's many NOV
ing wheels turn out piles upon piles OF
lumber every twenty-four hours. The |
lumber industry is one of the most |