The times. [volume] (Richmond, Va.) 1890-1903, 1898-11-10
SOUTHERN NOTES.
Purchase of the Chicora Fertilizer 20
Georgia Colonies.

Purchase of the Chicora Fertilizer Co.
Georgia Colonels.
The Charleston News and Courier says;
The stockholders of the Chicora tertn-
izor company held a special meeting
yesterday and endorsed the action OF
the Board Of Directors in accepting the
ofIer Of the Yirginia-Carolina Chemlca'
for the purchase OF the plant at >lW
share. Nearly all OF the stock was rep
resented az the meeting and there was
no opposition TO the scheme 10 sell. The
Board of Directors was authorized TO Ell
feet the transfer and this Will probably
be done within the next few days. II Is
estimated that at least $500 Of the 5000
shares of Chicora stock were represented.
and the stockholders who were not repre-
sented yesterday viii doubtless agree to
the plan adopted
II has been understood here FOR some
weeks that the Virginia-Carolina Com
pany was after the Chicora MIL The
negotiations have been on, and the deal
was practically closed three wecks ago,
but for reasons best known 10 the parties
concerned the matter was kept from the
public as much as possible. The trans
fer could not be made until the stock
holders could vote on the work Of the
Board Of Directors. This has now been
done and the only thing remaining is 10
erect the formal transfer The price
paid the stockholders will be about $40
a share II rs considered a good one
One Of the largest stockholders In the
concern said yesterday that the plant
was a fine paying investment and ne
hated 20 part with his stock, but be
thought the amount received for the
stock was an exceedingly fair figure, and
he believed Il was best 10 accept IT,
From the besa information obtainable the
Virginia company paid 800 900 FOR the plant
and 500 90 for the stock on hand and
other belonging There IS an estimated
surplus on hand for the stockholders Of
$4,000 These assets will net $500
0oO. to be divided between the hold
ers Of the five thousand shares OF stock
The Atlantic Fertilizer Company, which
has been under the management OF the
Chicora Company IS included In the sale,
the two concerns going as one. The pur-
chasers have not yet given any public
lntimatlon Of their future plans and pur-
poses regarding the property, but it IS
understood that 10 VIII be improved
wherever IL IS found necessary and viii
continue 10 be run on the same firm basis
as heretofore.
PFCANs BEAT PEACHES
ALBANY. CA, Nov. Cat all the fruit
stands OF Albany are the finest fresh
pecans for sale. They are obtained from
tho farm Of Capt G.. ". Bacon. OF
Mitchell county, and are the paper-shel
variety. Some ten years ago Captain Ba-
con set out a peach orchard and a pecan
orchard The pecans have proved much
more rcmuncrative He gets three dol
lars per bushel on the farm. The trees
bear every year. The pecans are very
large and very tender. and In taste seem
a cross between the scaly bark and Eng
lish walnut.
LABOR AND RACE QUESTION.
The Plcayune has heretofore taken oc-
casion 20 remark upon the fact that the
Southern negroes are becoming migratory.
They are leaving the plantations and To-
calitics where most Of their lives have
been spent and are seeking new scenes
and new surroundings.
The negroes, under the conditions im-
posed upon them by slavery. We're fixed
10 the localities in which they We're born.
and unless thoy were sold 20 De taken
10 distant places. they spent their lives
within extremely circumscribed limits.
After they were set free. they stili. 20
large extent. preserved their stationary
conditions OF life.
But as time wears on, the negroes are
taking on different hahitudes; they arc
becoming migratory. Those who are will
ing 10 work seek employment where IL
can be had under favorable conditions
and many are leaving the farms and
locking 10 the cities. Some are being
carried off 20 Northern States TO work I'm
the coal mines, and others are emigrating
.o distant States where they hope % en-
Joy superior adyantages.-New Orleans
Picayune.