The courier-index., 1919-11-28
|,udan Plantation is Sold
10 Local Parties For More
Than Half Million Dollars

Co.. tbe biggest land deal pulled off in Lee county,
hons the largest in Eastern Arkansas, was consum
! = Memphis on Monday of this week when negotia-
a had been pending for several months were brought
Io and the big Soudan plantation of 1926 acres To-
~, miles east of Mariana, passed from the ownership
E.~ Ranks of Memphis, and Henry and Love Banks of
m ~ corporation formed of business and professional
and nanters residing in and Mariana The DEAL
oes with it the land and all personal property in
~ moro than half million dollars, and was worked up
oL Mann wel-knoWn attorney and planter. Mr.. Mann
on ontion on the plantation several weeks ago. after
conducted negotiations with the Banks interests for
L months After he obtained the option he organized
nmation know the Soudan Corporation, with paid
ta of S20O000 This corporation is the holding organ
E r N. Burke is president; Max D. Miller, vice presi-
n. Hugh Nixon treasurer; Burk Mann, secretary The
III directors consists of F. N. Burke, Max D. Miller T.
nner well-knoWn merchant and planter at Cody; w.
Harris Dr. O. L. Williamson, John Mann, Burk Mann and
sAw Cotter Other stockholders Clark L. Rodgers,
nm Rodgers and DIR. H. H. Rghtor the latter of Hell
John Mann will be the general manager of the plantation,
tn to looking after his other farming interests He
ve under him several crop managers who will look after
E sections of the plantation There 5000 in
ntation in high state of cultivation and the balance
timber much of it fine merchantabe stock. The per-
property, valued at more than $4,000, embraces the
store buildings and stock of merchandise, mill, shin
10 head of mules On the plantation are 16O houses for
nGoppers one handsome two-story residence occupied
Henry Banks several commodous residences occupied by
managers many cotton pens, several large barns and
Hb building improvements The residences of the mana
ad the stores are electrically lighted and have running
supplied by system installed on the plantation
years ago. There is good school for whites and for
Med children two churches and lodge building for
Moed people, On the place are two railroad stations
In and Cody-with all shipping cOnvenences. There
families on the place. the total population being 75O
while cotton is the principal product grown on Soudan
Nes OF acres planted in each year, and the
alfalfa on the place are said to be the finest in East
Arkansas Altogether the Soudan plantation said to be
@tmproved and most highly developed big body of land
lSlfn Arkansas The cotton yield annually runs from
zUW bales of long staple product. Heretofore the
VI the plantation has been sent direct to Memphis
ueuar interest to the people of Mariana is that un-
@ new ownership the immense resources OF this big
4uOn Will come to Marianna.
udan was developed under the ownership of the late
r : Rodgers who was firm believer in the productiv-
ne future of the bottom lands at time when most
we're AFRAID to make investments in the socaed over
u'et Colonel Rodgers cleared up hundreds OF acres
wall ana made the plantation paying proposition he
paih Pharr of Memphis the instigators OF the
a'On OF the ST. Francis levee district, and for many
ne Rodgers served as president of the board while
s1arr served engineer. The latter's son, Harry
w ,ao. memphis is the engineer for the district
ss y Colonel Rodgers sold the plantation to the Banks
we consideration being $50 bales of cotton each year
SnOa OF ten years. The deal was based on cotton
Ns uns ~ pound. Fortunately for Colonel Rodgers
MA we market went up and the lowest price at when
y OF the cotton delivered on the purchase OF the
@a ocehts pound and the highest 16 cents pound
sOSummaton of this deal means that Henry Banks
h Ilie'ary OF the Soudan Plantation Company, VIII
k saVe Lee county. During the past three years ne
n. we active general manager of the Soudan planta
ss.s @ores of friends of Mr. Banks and his estmaole
S,es ther forthcoming departure. Mrs Banks VIII
a, % "hter in Florida Mr. Banks says he has not mace
Bla plans for the futures but would probably go tol
VIII plaantatlon in Crittenden county
h e sale of Soudan the Banks interests dispose Oh
ah ge plantation in Lee county, though they sun
Year y smaller bodies of land in the county During the
tow w'iey sold Westwood plantation on the St Francs
:" b. Mann of This c;tv and Col T. 6 Ready and K.