$30 Million Bleachery Coming to Old Fort, N.C., Dec. 4, 1923

Mammoth Bleachery. . . Delaware Concern Will Spend $30 Million at Old Fort—Provides Employment for 2,000 People

Old Fort, N.C., Dec. 3—Joseph Bancroft & Sons Company of Wilmington, Delaware, have closed a deal whereby the Bancroft company comes into ownership of more than 500 acres of land adjacent to the town of Old Fort. More than $78,000 in cash was paid for the property, which is to be used as a site for a tremendous bleachery that will represent a total outlay of $30 million, provide employment for 2,000 persons, and provide a plant that will take care of the output of the 40 to 50 Southern cotton mills.

From the front page of the Oxford Public Ledger, Tuesday, Dec. 4, 1923