The Galveston Daily News in 1896 lists this mill as worth $15,000. It was sold to D. C. Thorp (correct spelling is Tharp) as a result of bankruptcy. Tharp, as trustee, sold Griffin Lumber company and its assets for $1,800 to Banks Griffith, a Conroe merchant who was 1/3 owner of F A Talley & Co of Keenan. This is probably the mill that D. C. Tharp sold to F. A. Talley & Co on July 6, 1896, as the Trustee of a bankruptcy sale of Griffin Lumber Company. It had been sold to a Conroe merchant named Banks Griffith, a 1/3 partner in F A Talley & Co. Assets included engines and boilers, planing mill, commissary, 35 oxen, 90 tons iron rails, one Shay locomotive, two log wagons, four log carts, and five log cars.
Talley and Talley sold out on December 18, 1896, to Talley and Oualline (F. A. Talley and E. N.Oualline) for $12,300, to be settled by paying $6624 owed by Talley and Talley, and $2367 to be paid each to F A Talley and M. R. Talley, with twenty-three notes to be paid in lumber at Kelly's switch by January 1, 1899.