The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1902-10-04
The Proposed Foundry,

- Inc proposition Is That the prOje(
= take the shape of a corporation to l.
organize under the laws of Louisian
and differed partly by the protector
themselves, (the proposal being for Nj
1 Merrlcal and such associates as lie ma
l select to bring with HIM. The peopl
I here are expected to donate free OF cost
to the corporation, a tract of land, t
contain not less than three acres. an
5 that they also subscribe to five thousan
dollars worth Of stock at par value.
, We have carefully looked into tn
proposition and consider il one Of tn
best that was ever offered TO our people
all things taken into account. Tn
promoters are willing to spent $45, 00
in our community and surely w
should be willing to put up a small
site free OF cost. not only to them, bu
to ourselves, and the remaining tiv,
thousand dollars in stock. When WI
call upon our citizens to donate the re-
quired site, (which we believe can be
purchased for about Sl5OO) and sub
scribe about $1,000 in stock, we expec,
the promoters of this enterprise to raise
among themselves and associates $50,
900 in CASH, not watered stock.
No particular site SO far has been
selected, but the BANNER thinks the
foundry should be within the corporate
limits.
We learn that Mr. r. E. Milling is
| willing to sell the required amount of
land for the site on the railroad at a rea-
sonable figure. This land he proposes
to sell is on the main line Of the South
ern Pacific Railroad and contiguous to a
| half mile switch. This would give rail-
| road transportation without the trouble
| and cost of building a switch to the
main line CT the railroad if the foundry
was located elsewhere in the town.
Again the said land is only few hun
drcd feet from the Kyle Lumber Com
pan'y tramway, and arrangements, no
doubt, could be made with the Kyle
Lumber Company to use the tramway
for communication to the bayou. This
location in our opinion is one of the
best that can be selected in the town of
Franklin, and just the place for the
erection of Il foundry.
Mayor Lewis received Mr.. MOrrical's
proposition in writing and which we APP
pend below for the perusal Of the people
and will go forth into the community
in an effort to raise the price necessary
to the purchase of site. After this has
been secured another effort will be made
to get the users and consumers of ma
chinery throughout the Parish, and all
Others who can be prevailed upon, to
come forward and subscribe to the five
thousand dsllars worth of stock.
Of course it may be claimed that
Others have came here in the past, with
little better bargain than this-that of
furnishing all the money upon the con-
dition Of the donation OF the land by the
people. But because we permitted them
to leave us empty handed as they came
is no reason for turning these gentlemen
away. We have seen that, like water
works, electric light plants and banks,
these foundries can be established in
small towns and become paying enter
prises-we have examples of this fact in
neighboring places.
Now if towns situated as New Iberia,
Jeanerette and Morgan City are, can
put up and sustain these industries, why
cannot Franklin do 50 with much greater |
case, surrounded as it is with sawmills,
sugar refineries and mills such as no
other place is supported by?
Let the business spirit of our people |
bestir itself; let them think out the ad-
vantages to be derived from this avenue
of trade. There is absolutely nothing |
to be lost and thousands upon thous~ !
ands of dollars to be gained by keeping |
them at homeland which now go out |
OF our midst and into that of other com |
every year. We may never re
ceive another proposition of the kind, |
and let us, therefore, take advantage of |
this one Here is what the proposed |
protector says i'll his written proposal:
FRANKLIN, La, Sept. 20, 1902.
Mr. John G. Lewis, Mayor OF Franklin, La:
DEAR S1R-sn accordance with your
request we are pleased to submit to you
plat to be erected in this city:
/. Machine shop building 60 by 10,
two stories high, with pattern shop,
wook working department on second
floor.
g. Foundry building 80 by so with
crane
3. Cupola building 50 by 40.
A. Blacksmith shop 30 by 30.
5. Boiler and engine house Is by 30.
6. Office and store building 20 by 80.
Z. Coke sheds.
8. Material storing sheds.
8. Outbuildings, etc.
All the above buildings to be con.
,tructed in good substantial and work.
manner, with boiler and
engine, and all machinery of modern
patterns, to do all ordinary repairs that
he various factories and mills may re-
luire in the surrounding country and
towns. The number and kind of ma
chimes can be furnished before p ,rma-
nent contract is entered into.
OUR PROPOSITION Is: If the people of
Franklin, La, will furnish suitable site
Of not less than (3) three acres and sub
scribe for $1,000 of stock at par in a
company to be organized under the laws
Of the State, with capitalization of
$50 900, with shares Of ($1.OG) one dol
lar each par value. That l and asso-
ciates will for 5000 of the capital
stock, build and equip said buildings
with said machinery, cupolas, etc., all
ready to start operations and leave &c.,
BOO of the stock in the treasury for a
working capital, and will agree to COM
mence the erection of the plant at once
and have it ready to start up not later
than January LIST, 1903, and desire that
part of the directory and offices be filled
with franklin parties. We desire to
erect first-class plant that will reflect
~ ~ all rnI SpN