The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-10-25
Bis cOMPAhY's
PLANS PUBLISHED
SOUTH HAS SEVEN MILLION DOL
LAR FERTILIzER COR
PORAT1ON.
SEVERAL PLANTS MERG l
WILLIAMS BANKING INTERESTS
LARGELY REPRESENTED IN
INTERsTATE CHEMICAL
CORPORATION.

The plans of the Interstate Chemica
Corporation Of Virginia, the charter
ing OF which and the probable signi-
ticance of the same were noted in the
Virginian some two months ago were
given to the public yesterday by the
local representatives of the new cor.
poration
The enterprise is IL member of sev.
erai fertilizer and phosphate plants In
the South. the company having az
CURED number OF such plants. a
phosphate enterprise in Florida. be.
sides which q number Of new plants
VIII be Constructed, making the en-
terprise one Of the largest of it's kind
In the South.
ne company now owns complete
pants at Charleston, S. c.. Greenwood
,. c.. and at Tampa and Bowling
Green, Florida. Plans have been com
pleted for the erection of new plants
at Charlotte. y. c.. and at Macon. Ga,
ihe company owns more than 5000
acres of unmined pebble phosphate
lahd in Florida. and an estimate of
the output from one thousand acres
alone is seven millions of tons, or
enough 10 produce 200, 600 tons per
ahnum for thirty-five years
Elect Directors Here.
The directors of the con1pany were
elected at meeting held in Richmond
yesterday. and II Is understood that
the company has been financed by
strong New York and Southern in
terests, including Messrs J. and W.
Seligman and Comnany and Redmond
and Company. of New York; Messrs
Middendorf. Williams and Company,
OF baltimore. and Messrs. John L.
Williams and Son, of Richmond. It's
capitalization consists OF $500 900
SIX per cent. twentyyear bonds; 81
100000 seven per cent. preferred cumu-
iative stock. and 33.60o.00 common
stock
The board OF directors includes
members of each Of these four firms
Mr. Albert Strauss. of Messrs. J. and
W. Seligman and Company: Col. f. Q.
Brown. of Messrs. Redmond and Conn
pany; Mr.. J. w. Mlddendorf, of Mid
dendorf. Williams and Company: Mr.
=. l.. Bemiss and Mr. John Shelton
Williams. of John L. Williams ana
Sons.
In addition to these. the directors
VIII be the president OF the company.
Mi W. B. Chisolm, Of Charleston ;
Mr. W. B. Chisolm, Jr., general mana
ger OF the phosphate mining plants OF
the company in Florida, Mr.. Chas. s.
Brvan. capitalist of New York: Mr..
Slidell Tifghman and Mr.. r. B. Thigh
man. OF the Tilghman Phosphate Com
pang. Of Florida: Maj F. r. Pernber
ton, banker of New York: and Mr.. A.
>. Webb. president of the Lincoln
Trust Company. New York: f. RAN
doiph Williams and G. r Heimer,
New York
Mr. Chisolm, the president Of the
new company. is widely known as one
OF the ablest and most successful fer
tilfzer manufacturers in the country.
At the time of the formation OF the
Virginia Carolina Chemical Company,
the plants which were under his man
agement, and in which he was finan-
ciaily interested. were sold to the Vir-
ginia Carolina Chemical Company, but
he remained with the latter company
for some time after their consolidation
as manager OF factories in South Caro-
lima. Later he retired from that cor
poration to again enter the fertilizer
business on his own account ard built
up number of important fertilizer
factories. which have been made the
nucleus of the present company.