David G. Sherer Collection
Collection — Box: 1
Identifier: Mss-0098
The collection consists of a four volume engineering appraisal. The first volume consists of two overall summaries (net quick and physical assets; average net earnings or operating income during preceding ten years capitalized at ten percent), a comparison of the two summaries, and four appendices. The next three volumes are appraisals of Erwin, Springs, and Thomaston mill groups. Each volume contains a group summary; summaries for each plant or pair of plants; and the appraisal, which is composed of a description of the plant (including maps), a detail summary, and then listings of land, buildings, mill village property, machinery, power plant, water power plant, yard piping, supplies and separate property. Each category lists the number of items, a description, replacement, cost, percent depreciation and replacement cost less depreciation.
Charles T. Main, Inc. was incorporated in 1926 by Charles T. Main (1856-1943). Originally specialized in textile mill engineering, but gradually expanded to include many types of industrial and hydroelectric engineering. In 1928, Main, along with Lockwood Greene Engineers and F.P. Shelton and Son, prepared an appraisal for Erwin Cotton Mills, Springs Mills, Thomaston Cotton Mills and Dan River, Inc., which was to be used for a proposed merger of the four groups of mills (the merger never occurred).
0.5 Cubic Feet (4 volumes)
English
The volumes were originally part of the company library of Charles T. Main, Inc. David Sherer removed these four volumes when directed to weed the library.
The volumes were removed from Charles T. Main, Inc.'s library by David Sherer during the weeding of the library.
David G. Sherer,September 4, 1987.
Part of the Clemson University Libraries Special Collections and Archives Repository