[242] News and Courier, Jan. 12 and 14, 1882. When the Sibley
Manufacturing Company of Augusta, Georgia, was increasing its capital by
$400,000, President W. C. Sibley received from Boston a telegram ordering
$20,000 of the new stock. (News and Courier May 21, 1881.) Cf. Thompson.
[243] News and Courier, Apr. 6, 1881.
[244] Ibid., Mch. 15, 1881.
[245] Ibid., Mch. 29, 1881.
[246] News and Courier, Apr. 1, 1881. These subscriptions may have been
partly influenced by the purpose of Mr. Atkinson to have the Exposition
further the cultivation and preparation, and not the manufacture, of the
staple.
[247] Jan. 27, 1881.
[248] March 21, 1881.
[249] News and Courier, Jan. 21, 1881.
[250] It seems to have been usual to call first for a payment of 10 per
cent. of the stock subscribed, rather than to require a certain proportion
in cash at subscription. Thus the books of subscription of the Charleston
Manufacturing Company were opened January 27th; on March 29th the
directors called for the payment of the first instalment of 10 per cent.,
and at 2 o'clock on the morning of April 9th--how closely the progress of
the undertaking was watched by papers and public!--more than half of the
amount was in the hands of the officers of the company.
[251] Ibid., Feb. 10, 1882.
[252] Ibid., Feb. 5, 1881.
[253] Ibid., Feb. 7, 1881.
[254] News and Courier, Mar. 25, 1881.
[255] Hartsell, J. L., interview, Concord, N.C., Sept. 2, 1916.
[256] C. B. Armstrong, interview, Gastonia, N.C., Sept. 14, 1916.
[257] Joseph Separt, interview, Gastonia, N.C., Sept. 14, 1916.
[258] S. N. Boyce and J. Lee Robinson, interview, Gastonia, N.C., Sept.
14, 1916.
[259] Ibid., Feb. 26, 1881.
[260] News and Courier, S.C., Feb. 24, 1881.
[261] Augusta Trade Review, Augusta, Ga., Oct., 1884.
[262] News and Courier, Apr. 9, 1881. This paper in the issue of Feb. 26th
spoke of the additional stock as being $350, but puts the amount at
$100,000 lower in this later notice.
[263] North Carolina Herald, Salisbury, N.C., Nov. 9, 1887, quoted in
minute book of Salisbury Cotton Mills.
[264] The meeting was held Dec. 2nd; the minute book record is signed by
F. J. Murdoch, sec. pro tem.
[265] Klutz, Theodore F., interview, Salisbury, N.C., Sept. 1, 1918.
[266] J. B. Cleveland, interview, Spartanburg, S.C., Sept. 8, 1916.
[267] News and Courier, Mar. 31, 1881.
[268] Barbee, Wm. J., The Cotton Question, pp. 138 ff.
[269] March 18, 1880.
[270] Clement F. Haynesworth, interview, Greenville, S.C., Sept. 9, 1916.
[271] J. L. Hartsell, interview, Concord, N.C., Sept. 2, 1916.
[272] W. R. Odell, interview, Concord, N.C., Sept. 2, 1916.
[273] L. Baker, interview, Gaffney, S.C., Sept. 13, 1916.
[274] News and Courier, Feb. 23, 1881.
[275] Haynesworth, interview, Greenville, S.C., Sept. 9, 1916.
[276] From Cotton Field to Cotton Mill, pp. 82 ff.
[277] Hartsell, interview, Concord, N.C., Sept. 2, 1916.
[278] L. G. Porter, interview, Gaffney, S.C., Sept. 13, 1916.