| Historicial Development: | Ferguson Manufacturing Company mortgaged $2500 with the First National Bank in 1905 for fifty thousand feet of lumber on the yard adjoining the planer and sawmill for the Ferguson Manufacturing Company as well as all lumber cut or to be cut at the mill. Lou Ferguson was taxed for equipment in 1906 and 1907 and for lumber in 1907.
According to San Augustine county records, Ferguson Lumber Company mortgaged for an Ames 10-inch by 12-inch steam engine. Mrs. Lou Ferguson was taxed on $1,000 worth of boilers in 1906, and the Ferguson Manufacturing Company in 1907 for $500 worth of boilers and $1,500 worth of product.
B. L. Ferguson gave a mortgage to J. E. and E. F. Harrison so that the later could buy a boiler and engine, an Henderson edger, a sawmill and carriage, saws, three dollies, a log wagon, dry kilns and all property of the sawmill belonging to the firm of Harrison and Ferguson, on 23 July 1906. The Harrison Company was taxed by the company from 1907 to 1910 on a commissary, product, tolls, and boilers. |