Wilmington, June 23—Sale of the Neptune Fisheries Company to the Chincoteague Fish Oil and Guano Company of Chincoteague, Va., was announced here today by Henry W. Conant, president of latter concern.
Full operations will be resumed October 1. The amount involved in the transaction was not made public.
The Neptune plant has been idle for two years. With the resumption of operations, the company will handle a fleet of five steamers in its fishing operations. Its annual payroll in Wilmington will be about $300,000.
From the front page of the Greensboro Daily News, Saturday morning, June 24, 1922
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