The Hattiesburg news. (Hattiesburg, Miss.) 1908-1917, 1909-08-23
REPRESENTATIVES
NOW in The CITY
Committee of the Commercial CLUB
Now at Work on the Matter and Will
Make Their Report Tomorrow Night.
Much Interest Manifested.

A very important meeting was held
in the lobby of the Auditorium Sat
urday night, attended by number OF
leading business men of HattlesDurg
for the purpose of meeting the repre-
sentatives of company which pro-
poses to build a big paper mill IN
Hattiesburg, if the people of this city
will take some stock in it. This is
the same proposition which Was under
consideration at the time of the panic,
the only difference being that they
now propose to build a mill which
will cost two hundred thousand dollars,
instead of half that amount as was
originally proposed. The Hattiesburg
end has been represented by Mr.. BAD
bitt of the Benedict Lumber Com
many who has had an interest in it
due to the fact that he was one of the
men who had enough faith in the
proposition to put up money in the
experimental stages. The gentlemen
here from Chicago are Messrs. Wright
and Hanford. the latter being an expe-
rienced engineer who has worked
out the problems of making paper by
this process from the refuse Of the saw
mills.
Their proposition is that the peo
nle of Hattiesburg shall furnish "a
site and take $25,OO0 stock on the
same basis as the promoters. They
state that this mill and this city VIII
he the headquarters for the business
end that this company will reserve
all the patent rights, and will receive
the ROYALTIES for making paper by
this process. The company is char'
tered for $500,000. The experiments
have cost about $15O00O, for which
1925. 900 stock has been issued. 1t
is proposed to invest 100000 in the
building and machinery and will re-
S1uire $4,000 working capiatl, so that
there will be about $975,0OO of the
stock sold and they state that they
already have enough stock sold and
machinery purchased that they must
begin the construction Of a building
as soon as possible.
The gentlemen brought samples OF
the prducts, the principal ones beng
paper board for box making but there
we're also samples of wrapping paper
and fancy board to be used in house
finishing. In addition to this the by
products, such as turpentine, creosote'
oil tar. camphor and two liquids val
uable for disinfecting and antiseptlcs'
The gentlemen explained that this
nrocess of paper making took out the
bv-products of the yellow pine tim
ber leaving only the fiber which was
used in making the paper. The value
of the by-products amounted to$6'6l on
each ton of paper manufactured The
COST of the wood here is one l'ild'
per cord compared to $12.65 to $15'9s
for wood in the north. This, If true
make an enormous profit possible The
question was very thoroughly gone
into and many questions asked ano
the impression made by Messrs
Wright and Hanford was very favor
able. In addition to that their ere
I ,dentials had been examined by sucf
gentlemen as F. W. Foote and " NJ
scanlan and pronounced very high
a class.
@ The result of the conference was OF
such a nature that those present fell
that it would be wise to make an IN
vestigation in such way that the
matter could be placed intelligently