The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-06-18
CARoLEEN TELEPHONE.

CAROLEEN TELEPHONE.
The Henrietta Caroleen Telephone Com
pany, with headquarters at Caroeen, was
yesterday incorporated The company is
to erect, operate and own telephone line,
and deal in telephone appliances and cleo
trio apparatus The capital stock authorlZ-
ed is $40 900. the company beginning with
5000 paid in. The incorporators are
Messrs. Ed. Thompson, Thomas p Rey.
nolds, r. P. Scruggs Jr., j. M. Lunley, E.
B. Doggett and G. M. Robrson.
LEXINGTON WATER AND LIGHT.
The Lexington Water and Light Com
pany, of Lexington, N. c., was incorporat-
ed yesterday The company is to erect,
operate and own water systems electric
light, telephone, electric railway, power
plants generate and transmit steam, water
and lights and sell the products of ice
factories, refrigerator plants, etc. The
capital stock is $4,000, the company be-
ginning with this amount and with the
power to increase it to $4,000 The in
corporators are Messrs. W. G. Perry J.
B. Smith, G. w. Montcastle, ]. M. Riley,
R. L. Burkhead, of Lexington, and F. w.
Siebert, of Waterbury, Connecticut.
The Dispatch yesterday referred at
length to the movement on foot to or
game a paper mandatory here. There
is no reason in the world why the industry
should not be carried through. 1t is the
purpose to make paper from the refuse
of the saw mills. Pine shavings have been
used for paper making with large meas
ure Of success, and Wilmington is just
the place for such a plant. Seven big
saw mills on the water front waste every
year thousands of tons of this material
which has never been used for anything
except fuel. Mr.. j. A. Arringdale, one
of our most progressive business men, who
is at the head of this movement informs
us that the mills have never been able TO
utilize this refuse with any degree Of
profit and for twenty years thousands or
tons of this material have been wasted
every year Mr.. Arringdale doesn't for
one instant doubt that a paper plant
here would be a paying industry, as this
city has every natural advantage.
meeting of representatives OF the lumber
mills will be called in few days and
some tangible step may be taken in the
direction of organizing company.-Wil-
mington Dispatch.
The report is current that "the machin-
cry of the Tennille (Ga) cotton mill may
be moved to Raleigh, n. c." The cor.
respondent of the Reporter" writes us,
however, that nothing is known there Of
such plan, and he thinks the statement
is incorrect The 'Tennille" mill has not
had successful career so far. The COM
pany was forced to issue bonds to secure
the firms which furnished the machinery
and other equipment. Default in meeting
the interest on these bonds forced the
mill into the hands of a receiver some
time ago, and since then the several at
temps made to put the plant in operation
again proved unsuccessful. Our CORES
spondent adds, however, that if it could
be made to succeed anywhere, it would
prove successful at Raleigh. All of the
Raleigh mills, and all of the textile plants
in that section of the State have uniform
ly done prosperous business, and none
of them have ever met with financial re
verses.-New England Cotton and Wool
Reporter.
Greensboro, N. c., June 16-Last night
the board of city aldermen opened the
bids and awarded contracts for street con-
struction and for building three trunk lines
of sewer.
Guild and Company, of Chattanooga, Sc
cured the sewer contract calling for Z
miles from IL to "a inch pipe diameter
and three septic tanks, to be completed in
six months their price being $2S, 800. The
city is to furnish the pipe estimated to
cost an additional $4,000 The city has
in hand $61 900 in cash for sewer exten-
sion.
! The firm of A. l.. Patterson and Com
pany, of Macon, Ga, got the contract for
street construction at cents per square
yard for safeguarding, and 81 cents per
square yard for macadamizing. This con-
tract calls for fifty thousand yards on
street Improvement, and work is to COM
mence at once.
! The permanent street work, which has
been going on for over year, under
city direction will be suspended, and the
city street force will only do repair work
The contractors will use the city street
machinery, paying rental therefor.
The Southern Railway yesterday gave
an order to the st. Clair Construction
| Company of st. Clair. N. j., for an i'm
mense rock crusher, which will be located
at Ruffin, near Danville, to prepare bal
last to be used in constructing the double
track for their main line.
| The st. Clair Company has recently
made arrangements to open offices in
Greensboro, making this point its South
ern headquarters.
| The Board of Highway Commissioners
of Guilford county, in whose charge will
be the disbursement of the $780, 900 recent
| ly voted for road improvement, are max
ing arrangements for issuing $4,000 of the
bonds. and bids for the same will soon be
advertised for. 1t is proposed to advertise
for bids at four per cent, and at five per
cent, not for fear the four per cent will
not be taken at par, but to see if the pre-
MUM on the five per cent would not JUS
| tify taking them. The county has no
debt of any description, and its assessed
property valuation this year will amount
to SIS, OOO. 900.
! Three complete road machinery outfits
will be purchased, so that with the outfit
now on hand four road forces can be al