The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1911-09-27
FERTILIZER FACTORY HERE.
NEW ENTERPRISE TO HAVE
100000 CAPITAL STOCK.
Messrs Thomas Wilson, c. G..
Rowland, w. b. Wilson and
G.. A. Lennon Secure Com
mission for Incorporation--No
Trouble I'm Raising Capital stock
Plant to Manufacture and Sell Fer
tilixers.

From The Daily Item. Sept. %.
Sumter Is to have a nSw enterprise
In the near future In the shape Of a
t1oo.o 900 fertilizer factory.
The fact that there have been a
number OF fertilizer plants in other
cities in this State which. for a num-
ber Of years. have been doing a good
business. has been talked Of here
sometime. and during the past year
Col. Thos. Wilson has been working
10 get capitalists Interested In the
erection OF q fertilizer plant here.
and his plan has at last materialized.
IL IN thought that II fertilizer plants
are successful elsewhere. why should
not one be successful here In tho
heart Of the finest farming section In
South Carolina This idea has at
last developed into the securing Of
commission to raise ehe capital stock
for the enterprise and the assurance
that fertilizer plant will 60 UP here
In the near future.
Col. Wilson has been away In Eu &.
rope for couple Of months this
summer and Immediately upon his re-
turn a meeting OF some Of those who
had stated their wish to sub
scribe for stock In the proposed plant
was called and II was decided that a
petition should at once be made TO
the Secretary Of State for a commis-
sion. This was done Thursday night
and the commission was received
from the secretary of State. r. M.
McCown. Friday night.
The petitioners for a charter are
Col. Thos Wilson. W. b. Wilson, q.
A. Lennon. and c. @. Rowland, all
of this city. The petition states that
the capital stock Of the enterprise
will be 100000. divided into 1000
shares. and that II will be known as
The Crescent Fertilizer Company"
The principal place Of business for
the company will be Sumter and the
business OF the concern will be u
manufacture and sell fertilizers. u
mix and manipulate and sell ferti. I.
iizer and fertilizer materials: to buy
and sell acid phosphate. crude phos
phat rock. cotton seed meal. nitrate
Of soda. potash. fertilizer and fcrtiliz..
er materials Of all kinds whatsoever
entering into and forming a part OF
fertilizers. whether the same be In
crude or finished state. and gen.
orally TO do any and all acts incident
20 the hauling. mixing. uanufactur.
ing and selling OF fertilizer and It's
constituent parts; to gin cotton and
To buy and sell cotton seed: and tc,
acquire. hold and dispose OF real
estate In conducting its business"
Col Wilson stated today that 4,
was the purpose Of the petitioners to
get as many local capitalists interest
ed In the enterprise as possible. II
was also the purpose Of the petition.
ers 20 get as many OF tho large farm
'fo ~ eh' 'NNhNy Nv NOulU 10 t1ke
shares In the company. While II was
the intention To get as many persons
90 would 90 take stock. there would
be no trouble at all in placing It,
Col. Wilson stated that already a.
large number Of persons had stated
their intention OF taking blocks OF
the stock and one Baltimore man
experienced In making fertilizers
had offered To subscribe $4,000 one
local capitalist had stated TO him be-
fore ne left for Europe that ne was
willing to take s5O.oOO worth OF
stock. This took up the total amount
asked for. hut probably the capital
stock would no Increased and II
might run as hlsh as s3OO,OOO before
tho books Of subscription are closed
Col. Wilson expects 10 subscribe lib