The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-10-13
FORM A COMPANY
TO SECURE SITES
For FACTORIES
SF FGNSWiCk MUST HAVE SUCH
AN ORGANIZATION, SAYS WELL
KNOWN BANKER.
:. r. Mson Thinks Business Men
Should at Once Form a Promotion
Company-f1e Outlines His Plan
For Such an Organization.

What Brunswick needs and what
brunswick must have" said Hon. E.
h. Mason, yesterday in conversation
with News reporter. lis a develon.
ment or promotion company of some
KIND, duly organized and incorpor-
ated, the purpose of which will be the
purchase of various factory sites in
the city and county, which can .ce
given to manufacturing industries
seeking location in this city; given
to them, of course, with conditions
which will protect the stockholders
and which wi, in the event the CON
dltlons are not carried out, revert
back to the company"
Ihe fact that two factories, large
ones at that, employing probably 500
hands, are now seeking site in
Brunswick, brought about the sugges-
ton made by Mr.. Mason, and it is
most excellent one and should lie
adopted at once.
Mr.. Mason's plan, briefly, is for
the formation, as stated, of a regu-
lar organized company, with as many
business men as can be possibly Sc
cured as stockholders. This company
is to purchase various sites in and
around the city for the express pur-
pose of donating them to factories
desiring to locate here When the
site is transferred to such factory,
however, the condition is to be made
that should the factory ever cease
operation, fail or discontinue for any
other reason that, the site is to re-
vert back to the company. In this
way le company will never actu-
ally lose a site, as it will lie neces-
sary for the factory to continue in
operation.
AS to the revenue to be derived by
stockholders, that is manifold to the
business men. There will be profits
and dividends, but they will all come
indirectly. There is probably not
merchant in Brunswick today who
would not readily give 500 out of
his pocket to see a factory employ
ing 500 men locate in Brunswick. It
would be only few months before
he would receive his money back,
with big interest, in the increase of
his business.
think that is the only way to
solve the factory problem in Bruins.
wick today continued Mr.. Mason,
and | am ready to go to work with
other business people of the city
looking to the organization of such
a company. Desirabl sites all over
the city can be secured at reasonable
hgures. With such a company hav-
ing in its possession several of these
sites it would be ready to meer all
manufacturing enterprises with the
assurance that a site would be given
free. If these promoters come here
now and ask for a site we have to
hold meetings, discuss the matter, so.
llclt subscriptions, negotiate with
the owners in order to secure a loCa-
tion and often the price of the site
desired is advanced. with the result
that the investors are frightened |
away and we lose tie factory. With /
such company as suggested we
could always say to them, Bring your
factory here and we will give You a
site as long as you keep your plant /
in operation :" EFSE--3
Mr. Mason's suggestion is indeed |
a timely one and it is to he hoped +
that some steps looking to the form3-
ton of such a company will be taken
at once.