The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1907-04-16
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Warehouses are sgfinxlnx up all
User Texas aas this sa ssia In as due
iss ssa Mos ledge -hish the farmers
81 Texas hsxs .asmra that the bros
ers and sogsua spectators aru form
lrE their lines aaa prrrariag for the
nshf II ihsiF ilyes before ,hr crop
10 ready nest fall. fhels svo~ea DE-
termination besnS To fighs the ~sTcs
hnasr movement frnn1 first Ia last
n ~ kausa that a large s~ody II
spsnnsfs ts nos ln correspondents
wifh eertniu organized forces ~ithsn
the state and th.y have declared
their intention 81 tearing the rot In
states for the purpose ~ seeing
Shat ~ being done b. the growers
for the protection of cotton and to
note the practical results shst comes
from the immediate wsrehousing ~
cotton after i, leaves the gin. and
sfter witnessing she practical dem
unstYasion. they wtll stand ready to-
has direct fFum the warehouses
leaving the buyer. broker aud spec
ulator out of consideration.
No stronger evidence of the pha-
nomenal growth Of the warehouse
movement has reached the surface
than the Organization aud incorpor-
alton under the state laws OF tn.
Texas Cotton Warehouse Company
al Dallas on April . This company "
capitalized at 81 500 zoe. and is
now arranging so conduct q campaign
Of warehouse education throughout
the state. They propose To have
nearly 500 warehouses In operation
by next fall The actual selling of
the cotton will be done by the farm
ers, themselves. through their or
CARNATIONS, such as the Farmers
Union and Southern Cotton Associ-
alton. warehousing cotton under
modern methods being the sole scope
OF the new company.
The formation OF the Texas COM
pany is the result of the cooperation
OF several of the leaders of the Far
mers' Union with the pioneers In
warehouse construction. producing
thereby company with sufficient
capital TO build adequate warehous-
es in every interior cotton market
in the state. This is the first practi-
cal step on large scale which has
been taken, as previous efforts have
been largely confined to northern
capitalists whose plans lacked the
practical side, and furthermore lack |
ed the cooperation Of the cotton |
growers which is absolutely essen !
tial The head offices of the COM |
pany are in Houston, while branch |
with Stanley H. Watson in charge |
and other offices will be opened in
San Antonio. Waco and elsewhere.
The Officers of the company are:
Dave H. Shapiro, president; John T.
Garner, vice president; n. G. Murray,
second vice president; F. v. Evans.
third vice president; H. d. Martin,
secretary; Geo. l.. Hume, treasurer.
These officers with Hardy Dial, 0. F.
Dornblaser, ]. d. Jameson and Stan
ley n. Watson, constitute the board
of directors and the latter is also
chairman of the executive commit
tee.
So generously have the farmers
endorsed the building of cotton
/ warehouses and so readily have the
| local merchants and business men
! loaned their influence and support
to the warehouse movement that the
| experimental stage may safely be
said to have been passed and thus is
| guaranteed a continuation of pros
| perity through the south's chief
! source of wealth-the cotton crop.