Statewide-Sumter County GaArchives News.....NEWS FROM AROUND THE STATE April 9, 1890
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Clyde Watson clyde.nell@gmail.com December 3, 2008, 7:58 pm

Savannah Morning  News April 9, 1890
                          NEWS FROM AROUND THE STATE
                                 9 APRIL 1890
     There is a strong probability that the Macon Car Works Company will be
organized within the nest few days. Recent developments which will be made
public shortly show that there is not only a strong desire and necessity for
such a company. but, in addition, that the men and the opportunity have met, and
that the city will be given the benefit of this important industry.
     At Americus a syndicate composed of Messrs: P. C. Clegg; C. R. Whitley; W.
E. Murphy, and D. F. Davenport has purchased two-thirds interest in the
International Medicine Company, the headquarters of which has been established
in that city. Dr. J. W. Jones, an experienced practitioner, is at the head of
the company, and will continue to act in the capacity of consulting physician.
The following officers have been elected: President; P/ / Clegg; Secretary , C.
R. Whitely; Treasurer, W. E. Murphy; Business Manager D. F. Davenport. The
capital stock of the company will be $6,000.00 but can be increased at will to
$10,000.00.
     The stock holders of the Ocmulgee Brick Company of Americus met Saturday
for the purpose of effecting a permanent organization and for the election of
officers. After reading of the charter an election of officers was held,
resulting as follows: President, P. C. Clegg; secretary and treasurer, C. R.
Whitely; Directors; S. H. Hawkins; Allen Fort; B. P. Hollis; Thornton Wheatley;
P. C. Clegg; H. C. Bagley; G. W. Glover; W. J. Bickenstaff; and W. E. Murphy.
The capital tock ofthe company is $100,000.00, and the charter permits this
amount to be increased to $500,000.00 as may be desired. At the meeting
yesterday it was decided to call in 50 per cent of the stock for immediate
purposes.
     Americus Times: A year ago a member of the well-known banking house of John
A. Hambleton & Co,m of Baltimore, came to Americus upon invitation of a number
of leading citizens, and while here had abundant opportunity of seeing the city
and her future outlook as well. This house has invested more than a million
dollars in Americus securities, having bought the bonds of the Savannah,
Americus and Montgomery railroad, as well as the water works bonds, sewerage
bonds and the bonds for the public buildings to be erected here. This fact alone
would show their faith in the city and her institutions. But is seems that this
were not enough, for yesterday a leading banking house in this city received a
telegram from the Baltimore firm stating that they desired to make other
investments here that would pay and authorizing the bank to draw upon them for
$50,000.00 to be put into Americus enterprises.
 
     

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