THE MEXICO FEVER
A Number of Good Greer County People Threatened With It
COMMITTEE IS WELL PLEASED
The Company Will be Incorporated For $100,000 And Only Members of the Colony will be Shareholders.
The committee sent by the Greer County Mexico Colony to look at and report on the 167,000 acre tract of land bargained for by Geo. Blalock, have returned and report favorably. The committee consisted of Jo Miller, J.P. Roberts, Tom Brothers, Mr. Taylor, George Edwards and Ben Talley. The sum of $6,000 has been paid on the deal and $24,000 more is to be paid by December 1. At the meeting last Saturday a committee, consisting of Joe Sweet, Charley Rogers, S. C. Talley and G.D. Ingram, was appointed to procure a charter and it has been applied for. The capital stock of the company is to be $100,000 divided into 2000 shares of the par value of $50 per share, but the limit to one man will be twenty shares.
At the meeting to be held on Saturday of this week officers of the company are to be elected and they will then begin figuring with railroad companies on transportation. There are now seventy-five heads of families in the organization and it is expected that it will be increased to one hundred before December 1. The land they now propose to purchase is thirty miles from a railroad, but a new railroad has been surveyed through the ranch. It is expected that the colony will depart for Mexico about January 1, 1903. It is the present intention to sell no shares except to members of the colony, who will go and make their home there. |