The herald and news. [volume] (Newberry S.C.) 1903-1937, 1907-10-29
HIGHLAND COTTON MILL.
Made for Commission to
Open Books-Capital S300,000
The Martin Mower Mill.

NcvHerry is 10 have another cotton
;:.;H;. The cvi ;:aI stock is to be $780,
sec. Al:'licaiir@ 2a> fled yesterday
~. ! he secretary Of state. asking a
e. 2ilil:i i>>ion 20 open the books Of sub
~cliDtiun. The corporatcrs are: +.
y. Martin. George $. Mower, W. &.
HoUscal. J. A. Mimnaugh, J. II. West,
!. !. Burton J. \. Mclaughlin, {.
~. Summer. Alan Jorn>tone. They
are good business linen. and most OF
them are connected with one or the
other of the two mills already here,
either as directors or stock-hoLders.
The mill is 10 BE known as Highland
&C. .ton Mil.
S;me time ago it was published
that Mr.. Martin and Mr.. Mower had
bought the William Y. Fair place on
the suburbs Of Newbemy. and had
paid $4,000 for it. The impression
at that time was tha1 5his place was
bought for the purpose Of erecting
Gotten mill, though Messrs. Martin
and Mower who made the purchase
and paid the money, gave out no
statements. The matter has now
chrvstalized and the application for
charter aas been made and the books
Of subscription will be open in the
next ten days. and the people OF this
E immunity will be given the oppor-
tvnisy to subscribe to the capital
stock IF the Highland Cotton Mill.
The ;wo mills which are here, the
Newbelqy Cotton Mill, and. the Mollo-
non Manufacturing Company, x'ch
with capital of s5Oo,O0O, have been
successful and well managed. The
Newberry Mi1l,s as has been stated
several times, was one OF the hrst
mills built in the state to 'be operated
exclusively by steam as the motive
power, and at that time was consider
ed something of an experiment. The
experiment was successful from the
beginning, and since then, numbers
of ether mills have been erected, and
are being successfully operated with
steam power.
The MoNohon Manufacturing Com
nanv makes fine goods, and has been
in oreration for about eight years,
and during that time the plant has
been doubled.
The site selected for the Highland
Cotton Mill contains about two hun
dred and fifty acres of land, just
north Of Newberry and adjoining the
city through which the c., n. & L..
Railroad runs. It is healthy loca-
t;cn and is admirably adapted tor
cotton mill. No doubt the capital
stock to the Highland Cotton Mill
will be promptly subscribed, as the
business interests Of this community
realize the necessity for an increase
in our weekly pay roll.
It is understood that Mr.. Edward
R. Hipp, large and successful mer-
chant of this city, and other business
men, who are associated with him.
have purchased the Wilson place, very
near the place bought for the High
land Mill. and containing about one
hundred acres, for the purpose OF
erecting cotton mill. Two more
cotton mills in Newberry would add
very greatly to the commercial inter-
est cf this community. One Of them
now is assured, and there is very
strong. probability that the other one
will be organized in the near future.
The Herald and News hopes that
the business men of this community
will come forward promptly and take
;his stock. Everybody should take
scme and thus the total capital stock
can be easily secured right here in
Newberry.