The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-09-02
4 GREAT FACTORY FOR
GREENSBORO.
Means an Addition of 500
to the Population.
viii Work Up Vase CCtton--- Tw,ye Months
required to Build the Fsclory ard En-
ployes' Homes.
Especial to News and Observer

Especial to News and Observer
Greensboro, N. c., Sept. Mention
was made in this correspondence a month
ago. OF a proposition being made by a
syndicate of Eastern capitalists that if
Greensboro citizens would take stock to
the extent of fifty thousand dollars, a
$250,O00 manufacturing plant would be
located mere. The stock was subscriber
in two days, and Mr.. w. j. Young, form
erly connected with the Greensboro Sup
ply Co., but now OF Atlanta, who is at
the head of the movement is here on
business connected with the organization
OF the company.
A meeting will be held next week for
the purpose OF perfecting the organization
obtaining the charter of incorporation and
giving directions for beginning work on
the buildings. Sixty acres of land have
already been purchased for the factory
site, between the main line of the South
ern Railway and the Winston Salem road
west of Pomona, and just beyond the
junction, about three miles from the city
The mill will employ FIVE hundred opera
tives, and will work up waste cotton. 1t
will require twelve months to complete
the factory building and the necessary
dwellings for the families of the opera
tives.
AS soon as the buildings are completed
and the machinery installed, the com
pany's capital stock will be increased to
half a million dollars.
The building of this mill and settle
ment means an additional population of
$500 to that rapidly developing section
OF Greensboro and an extension of the
electric railway for a mile beyond its
present terminus at Lindlcy Park. Super
intendent Jones, of the street railway,
said today. that the extension of the line
to the north of the city, from Revolution
Cotton Mills to the new White Oak
Mills would be completed by October first
and the company would Immediately be
gin considering the extension of the wes-
tern line from Lindley Park to the new
enterprise. While the electric company
has been in operation but little more than
twelve months, it has been constantly en-
gagged in extending its line to accommo-
date new settlements. Its first terminal
north was at Proximity Cotton Mills. An
extension of about a mile to an
other cotton mill at Revolution was COM
pleted two months ago, and in thirty
more days another extension on this line
will be in operation to the immense new
mill settlement at White Oak There are
now five hundred men at work here rush
ing the work of building the mill and
tenement houses, there being six hundred
two-story residences going up, besides
two hotels and sixteen stores.
In addition to the increase of resi-
dents who are buying lots on the western
line to Lindley Park, in the past six
months, the prospect of patronage of the
car line on the Lindley Park route has
! been enhanced by a large population OF
the families OF operatives at the Refrig-
orator factory east OF the Fair grounds
the Methodist Protestant College west
and the families of operatives on the new
shifting yards being built near Pomona
| by the Southern Railway.
These new. enterprises alone, the re
suit of one years progress in new fac
tories, viii bring to the community ten
thousand additional population, giving
employment to 5000 men and women.