Tabor City tribune. (Tabor City, N.C.) 1946-1991, 1960-04-06
work Commences On New Cannery I'm Tabor This Wee

NdlibH has JdIN VII diiN IL W."
announced officially today that
the Tabor City Cdnnery Will
start construction immediately.
II will be known as Tabor
City Foods. Inc.
Almost given up as lost a
few weeks ago, the movement
TO secure the huge canning OPP
GRAFTON was reVItaliIcd by the
Tabor City Merchants Assoc
citation and a new drive
launched 10 raise $4,000 in
preferred stock sales two
weeks ago. This drive began
when the canncry principals
announced they had refused
the loan by the Business Dcvc-
lopment Corporation of North
Carolina because OF the terms
of the proposed loan.
At the same time, the prin-
c!palS b. Alton Garrcll of
Tabor City, and the Troy II.
Crib ana Sons firm, of Spart-
anDurg, S. G., told the Merch-
ants Association that they
would go ahead and build the
cannery if local farmers and
businessmen would purchase
$751; worth of preferred
stock. Stock subscriptions at
that time tOtalled about S45,-
900.
Hurried meetings Were call
ed 10 see if local cltizenry felt
the additional stock could be
sold. Some subscribers to the
original stock decided not 10
buy, but with widespread So
. licItatiOn in every community
meeting with enthusiastic re-
. Spouse. sales began to climb.
, Garrell and Cribb then said
they would start the project if
/ 100000 worth of stock was
sold by early this week. The
additional $4,000 to be sold as
] quickly as possible.
Tally EddIngs, executive
secretary OF the Merchants As
ISOLATION, announced Tuesday
that the 100000 had been rails
! cd and thus the cannery was
assured
We still have TO raise the
! $4,000 10 fulfill our obligation
10 Mr.. Garrcll and Mr.. Crib,
! but ! am sure that we will do
It,. EddIngS said Tuesday.
Il feel that this is the great
est forward step in our econ
omy that Tabor City has ever
made and that this big cannery
viii do a great deal for the
merchants and farmers of this
area beginning this year"
EddIngS said.
u am exceptionally proud of
III" fine cooperation we have
received from merchants and
. farmers Of the area. and
know that everyone is happy
to know that inis project has
been carried through to a Sue
ccsSiuI conclusion even after it
: appeared We were going to
lose 1t at one time" Eddings
said.
This has truly been a COM
munity-wIde project and one
IN which farmers have assist
cd more than in any Other
similar local project. This can
merry Will benefit every phase
OF our economy. and I'm sure
we will all be mighty glad ",
have done everything possible
to secure IT," he said.
we know that Mr.. Garrell
and MI. Cribb are honorable
men and that they have a re-
putation for square dealing
with the farmers of this area
Ihcy also have fine rcputa-
uoms as successful business
men IN the produce field and
allied operations. and this bis
cHnncrN Us virtually assured -,
success. Tabor City is forum
ate 'u have two such Ou'srau1-
ing firms combine to build an,
manage this local canncrv
EddingS said.
The project is one on whic.
EddingS, representing the loo.
merchants association. ha,
worked for many months
Mr.. Carroll SAID today tina,
the time ior contracting swcc,
potato acreage for this scago,
is drawing late already BIT,
. nat StUyhuuluCTS who dogir,
UGH contracts for this sea,n,
are urged TO see him immcdI.
'io'N. Mr. GHrrcll sal tina, h,
Would discuss tus potato con.
n TACT growing with any farm.
h or stakeholder OF the Gamer,
iniS week but that all SUD
contracts would have to b,
yttleu by S5'ur.ay A,,rI n