The Birmingham age-herald., 1906-02-11

only one by ay means. Wood WO king plants of every kind that can be made profitable are 10 be installed at such points as may be deemed advisable from a commercial point of view. How far the syndicate will go in this system of exploitation it is hard to say, except that 1t is proposed to manufacture every inch of timber that can be used to ad- vantage in industrial establishments of this section.
 Big Gar Foundry Planned.
 The Newmans are bent upon a similar system of operations The fact Is no longer concealed by that company that a car foundry that will rival the largest in the world Is to be established in Hattiesburg if the capitalization laws of the state shall be Amended in such way as to permit the formation of a com pany with sufficient power to acquire the property necessary for such an ex- tensve business. The prospects now are that the required alterntion of the laws will be made The limit of S1.00O.0OO on per- sonalty which a corporation may own has been recommended for removal by the Senate committee on corporations, but there is still a limit of sl000,000 on realty ownership as to which no recommenda- ton has. yet been offered but which the syndicate are very anxious to have lifted. The legislature has shown disposition to meet the desires of the investors with respect to these matters in the in- terest of the industrial advancement of the state. MT. l. c. Enohhs, manager for the Goodyears, has made strong repre- sentation to the committee, and 1t is to be expected that the result will be satisfae- tory.
 Will Build Extension.
 4l.. matter of railroad extension at this end of the line have been disclosed very fully. At the present time it is their purpose to build southeast out of Hatties- burg for ten or twelve miles to tap their timber holdings in that direction, and when that shall have been done they will draw all their material for the Hat tiesburg mill from the newly opened ter rltory leaving the territory west of here for the big new mill at Sumrall. The road through to Scranton will not be closed up for the present
 The Goodyears are still busy with their railroad surveying operations. A force of surveyors is now at work near Mag nolia, west of here.
 Big Property Changes Hands.
 The deal whereby the Gulf Coast Lum- Der company with headquarters at Ny man and offices at Gulfport and Ha- vana, goes into the possession of State Senator W. H. Hatten of New London Wis, has been confirmed within the past week. The transaction was reported a month ago, but the story was either denied or discredited by others It is now officially confirmed and MT. Hatten is al- ready in possession. The property in- cludes 3SO, ,O00,00O feet of long leaf yellow pine timber with mills, with log roads, engines, cars, cattle and all the other paraphernalia of a well equipped manu- featuring plant The consideration is given at $7000O0. Senator Hatten is q new conner to the yellow pine field. For a number of years he has been interested in the timber business In the northwest. He is a promoter of large financial re- sources. The firm of Gay and Fatheree, which has disposed of this property, is by no means out of the timber and man ufacturing business having mills yet n operation in Perry county and near Wig gins on the Gulf and Ship Island rail- road, with several years supply of tim Der to feed these mills.