The age-herald., 1900-03-25
ORGANIZATION OF
 COMPANY DELAYED Hitch in Formation of Big Lime
 Combine. MEETING AT MORRIS HOTEL MT. sperry. Representing the Financial Agents, Talks of the New Com pany-Says It Will be Per-
 footed by May l

The stockholders of the Consolidated Lime company held a meeting at the Nor ris hotel yesterday afternoon and last n4Snt for the purpose of closing up dne aHaHS of the different companies that went into the combination and to take steps towards assuming control of the various properties. All of the stockholders were either pres ent in person or were represented.
 The Consolidated Idme company Is a corporation formed under the laws of the state of New Jersey, and is capitalized at $3,00OO00, one-Glaif of which is preferred ' per cent. cumulative and one-half conn mon Of the $1 800 900 of preferred stock, s25o,000 Is held In the treasury, and an equal amount of the common stock Is also held in the treasury.
 The Plants Controlled
 The plants acquired by the consolidated company are as follows: The Princeton Line company, Princeton, Ky: Hopkins vine Lime company, Hopkinsville, Ky; " R. Harris, Erin, Tenn; Arlington Lime company, Erin, Tenn; Jesse Allen & Co.,. Burns, Tenn: Gager Lime company, Sher- wood, Tenn; Buque Lime company, Grays- vile, Tenn; Southern Lime company. Knoxville, Tenn; Palmyra Lime company. Palmyra, Tenn; John B. Randall, Calera, Ala; Caiera Lime company, Calera, Ala; Stein Kiln, Columbia. Ala; c. L. O'Neal, Calera, Ala; Longview Lime company, Longview, Ala George w. Holcombe, Ca lera, Ala; R. E. Bowddn, HardyviHe Ala; John IA. Denies Sons, Dixon, Ala. An niston Lime and Stone company. Annis- ton. Ala; Wagner Kiln. Siluria, lA.a. Ala raster ' me company. Tredegar. Ala; Blount .springs Quarry, Blount Springs. Ala; T. L. Pride. Pride Station, Ala; Ladd Lime Works, CartersviIle, Ga.; Da- vitte Manufacturing company. Dawitte, Ga; Sciple & Sons, Rockmart, Ga; Lime stone Springs company, Gaffney, s. e.; EfandqU1 Y-i oix Ocaaa Lime company, Ocala, Fla. J. H. Menert, Lowell, Fla; John A Denies Sons, Little Rock, Ark
 The above list includes every lime kiln south of Virginia and east of Texas, ex- cept five, and it is probable that at least three of these will soon be taken into the combination
 The above individual companies who are stockholders in the Consolidated company. have subscribed to half of the capital stock, or a,5000O0, and Sperry, Jones & Co., of Baltimore, who are financing the company, take the other half
 MT. sperry TsI;s
 In speaking of the Consolidated compa- ny to an Age-Herald reporter last night. R. B. Sperry, of Sperry Jones & Co.,, said: This meeting was called by us for the purpose of conferrtng with the vendors as to the fna1 consummatfon and to mature the details of the company We found today that there will be some necessary de- lay in closing up the affairs of the different companies but we hope to finally close up matters and have the company in opera tion by May 1. The vendors were allotted 50 per cent of the stock of the Consolidated company, and my house takes the balance.
 "The annual output of the combined plants win be about 100000 barrels or nearly 50 per cent more than was set out i'm the prospectus. This estimate is based on reports made to Us recently as to the present production of the various plants.
 ''Mr Baldwin, of Montgomery, the pres ident of the company. will have direction of the companies operating affairs, and for the present will have his headquarters in Montgomery, but if he finds it nconveG:fent or impracticable to conduct the business from that point he will go wherever it is decided to be for the best interests of the company for him to go The operating office will either be in Birmingham. or Chattanooga. We will manage the financial affairs of the company, and that fact will necessitate the establishment of financial headquarters in Baltimore
 Controls eouthern Output
 stThe Consolidated company practically controls the entire output of lime in the southern states, but 1t is not our intention to raise the price of lime uniform prlce will be fixed and maintained.
 "Another meeting will be held in few days to further consider the details of the organization"
 The prospectus of the Consolidated Lime company issued some time ago, states that the earnings of the plants operated sepa- rately show about s14 per cent. income on the present price of the stock offered
 The officers of the Consolidated Lime company are as follows: A. M. Baldwin of Montgomery president; B. Gager of Chattanooga. Tenn, vice president; J. B. Adams of Birmingham, vice president; w. A. Gayle of Montgomery, secretary and treasurer pro tenn. Directors-A. M. Bald win of Montgomery, w. A. Gayle of Mont gomery. Judge J. R. Tyson of Montgom- cry D. B. Gamble of Cincinnati, B. Gager of Chattanooga, Edwin Baxter of Nash ville J. B. Adams of Birmingham, James Weatherly of Birmin gham, M. R. Denie of Little Rock. Ark; c. M. Bolton of Rio, Va J. w Conner of Anniston, Ala; R. B. Snerrv of Baltimore