The commonwealth. (Greenwood, Miss.) 1896-1923, 1911-12-22
THE SHELLMOUND PLANTING
COMPANY.


One of the largest corporations
of its kind ever organized in the
great Yazoo- NJ Delta, as
we'll as the most interesting enter
prise inaugurated lately, especially
when this section is facing condi-
tons that will thoroughly evi.
dence the survival of the fittest,
was perfected in Greenwood last
Monday when The Shellmound
Planting Company, with an incor-
porated capital stock of $780,
10000, was organized and appli-
cation made for charter. Several
of the financial leaders of the
county had nursed the idea ever
since the warning of the infesta.
ton of the boil weevil and its SER
ious depradations; and very likely
this idea disseminated further and
reached a happy elimination when
not but a very few weeks since
the Greenwood Business League
delightfully."- entertained with a
"Diversification Banquet" to fully
three hundred interested guests,
from all adjacent sections. Most
probably it was due to the keen
interest manifested in this gather
ing that the main promoter of the
scheme found willing hands to
participate in the good work and
effect the organization of this gi-
gantic corporation.
Inferring from real estate trans
fers and sales many planters in
sections all over the state are fool
ishly sacrificing their lands, allow.
ing purely foreign syndicates tc
gobble up their splendid tracts
merely because a temporary
shadow has been cast over condi.
tons by the invasion of a pes'
which can be successfully com
batted. Leflore county men anc
those of adjacent counties, are
not of that calibre; but to the con
trary, are grimly determined
through effective cooperation tt
wage a relentless battle agains'
the pest, and when the fight i:
won, fully enjoy the blessings thai
will have resulted therefrom
.IThey know their lands, and know
that there is no need of sacrificing
them to these foreign syndicates
when they, too, can successful!
maintain them and reap the prof
its themselves.
Thus was the spirit that animal
ed several of Leflore County plan
tiers and capitalists, and resulted
in the organization of The Shell
mound Plantation Company
whose incorporators are Hon
George A. Wilson, of Lexington
, who owns a splendid 1000 trac
near Schlater; DR.. T. R. Hender
son of this city, who is identifies
with fertile tracts over the coun
ty; Hon. w. S. Barry, who own
and,controls about 10000 acre
along the Tallahatchie River be
tween Greenwood and Schlatex
Mr.. w. R. Humphrey, President 3
the Delta Bank, and Mr.. C. F
Wright, President Of the FRS
National Bank of Greenwood, bot
! of whom are among our wealth
lest citizens and who are thor
: ougly imbued with the idea to de
velop the wonderful resources q
our dependent territory.
The purpose of this ne,
corporation is ito acquire, owl
hold, enjoy and sell lands in LIE
flore County, Mississippi, and i
s other counties in the Yazoo-Mis
+, sissippi Delta, in the State of Mis-
! sissippi, and to acquire, own, hole
! operate and enjoy cotton seed o
I mills, and textile cotton factorie!
and any and all kinds of machine
: and machineries and power plant
so far and to such extent as ma
J. be necessary, fit or convenient Q
beneficial for the full and com
plete use and enjoyment of an
e and all or any part of all the land
acquired by this corporation, an
for making the same most profit
e able for this corporation, and
acquire, own, hold and sell PEI
e sonal property in any amour
necessary, convenient or benef
cial for aforesaid purposes. Til
}. amount of land to be held q
aforesaid not to exceed in valu
j one million dollars, but increas
n in values made by improvement
thereon, or rise in land values j
market for any cause of the lane
h acquired by this corporation owe
a million dollars shall not impa
or affect the right of this corpo1
alton to hold and enjoy and ow
same, and to carry on mercantil
business; and also to acquire, hol
and own capital stock in any MOI
competing corporation to which
may lease any of its property, re-
or personal.
The promoters of this corpor,
ton have already declared the
firm intent to locate and establis