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The firm, which controlled 165,000 acres (67,000 ha) of land, concentrated its efforts on bald cypress timber. [3] Operations were highly profitable, as the Santee Cypress Company had purchased valuable timberland for as little as $2.00/acre. [4] In the 1880s, Beidler and Ferguson set up a company town.
Benjamin Franklin Ferguson (died 1905) was an American lumber merchant and co-founder of the Santee River Cypress Lumber Company.The firm specialized in the harvesting of old-growth timber from the blackwater river bottomlands of central South Carolina, in and around the Santee River watershed.
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Taxodium distichum (baldcypress, [3] [4] [5] bald-cypress, [6] bald cypress, swamp cypress; French: cyprès chauve; cipre in Louisiana) is a deciduous conifer in the family Cupressaceae. It is native to the southeastern United States. Hardy and tough, this tree adapts to a wide range of soil types, whether wet, salty, dry, or swampy.