Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1905-03-21
THE WAREHOUSE ORGANIZATION
Official Statement Of Proceedings Of
New Orleans Meeting.

New Orleans Meeting.
The following official statement has
been issued concerning the recent
meeting of the warehouse committee
of the Southern Cotton association,
which was held in New Orleans on
Monday. March 13:
The committee appointed by the
Southern Cotton association for the
purpose of recommending and suggest
ing plans for increasing warehouse ia
cilities, improving the warehouses now
In existence, or to be built for the
purpose of warehousing cotton, met in
the st. Charles hotel, in the city OF
New Orleans, La. at 10 o'clock a. m
March 13, 1905. There were present:
Hon. Harvie Jordan, presidapt
Southern Cotton association, farmer
Monticello, Ga.
G. Gunby Jordan, president Eagle
Phoenix Cotton and Woolen mills,
Columbus, Ga.
w. D. Nesbitt, warehouseman, Bir-
mingham, Ala.
Tom Lyle, compress and warehouse
man, Meridian, Miss.
w. P. G. Harding, banker, Birming-
ham, Ala.
w. ]. White. merchant, Russellville
Ark.
E. s. Peters, farmer, Calvert, Tex.
IA. Brown, banker, Chadbourne
N. c.
Hon. Harvie Jordan was unani-
mously elected chairman of the COM
mittee and D. M. Hollingsworth, Sc
cretary.
The committee went into executive
session to outline plan which a ma
jority of them could agree upon In Its
recommendation, and subsequently In
vited discussion from any party who
desired to be heard from the commit
tee. Several written plans were sub
mitted and addresses made by parties
who had able suggestions to offer con-
cerning plans for warehousing cotton
Among the addresses which were full
of helpful information in assisting the
committee to arrive at a conclusion
were those made by the following
named gentlemen: G. Gunby Jordan
w. D. Nesbitt, Tom Lyle, Harvie Jor-
dan, w. ]. White, w. p. G. Harding
and w. L. Jones.
The following resolution was un m
imously passed:
1T Is the sense Of this committee
that they shall act in an advisory ca
pacity to those individuals. corpora
tions or communities who wish to en-
gage in the warehousing business In
the south, furnishing all obtainable In
formation regarding cost Of construc-
ton, protection and equipment, insur-
ance, bonding. railroad rates, the laws
regarding warehouse receipts In dif-
ferent states and encourage, IL possi-
BILE, investment In warehouses suitable
for storing cotton"
After some further discussion the
following resolution was unanimously
adopted:
This committee recommends to the
president and the executive committee
of the Southern Cotton association that
the president provide the means to
supply plans and information concern
ing warehouses of various capacity
and efficiency, as may be required by
the local conditions In different locali-
ties, and provide ways and means FOL
carrying this resolution into effect
which shall embrace whatever infor-
nation is obtainable concerning Cost
Of construction, protection and equip
ment, insurance, building. railroad
rates, the laws regarding warehouse
receipts In the different states and
encourage. II possible. investment In
warehouses suitable for storing cot
ton"
The following committee, to which
the chair was added, were authorized
to prepare the official proceedings oi
this meeting for publication, viz: G.
Gunby Jordan, chairman; w. D. Mes
bitt, w. ]. White, Harvie Jordan.
This committee, recognizing the
great necessity for warehouses ir
many sections Of the south, now al
most wholly without adequate facili'
ties in this line, and also desiring
radical improvements in most OF the
warehouses now in existence, to the
end that the farmers may secure bet
ter protection for their cotton, lower
rates of insurance and good collateral
upon which, II desired, funds can be
obtained at reasonable rates OF inter-
est, hereby desire to sincerely thanS
all the friends Of the movement VINO
have by helpful suggestions and deer
interest largely aided the committee
so far, and especially among these
friends we recognize Judge Eugene
williams. Daco, Tex; Mr.. Edward K
Summerville, New York city; Mr
ceorpe g. Hull. New York city; Mr.