AGREEMENT Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13D (or any amendment thereof) need be filed on their behalf with...

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                                                                       EXHIBIT 1

                                    AGREEMENT



         Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13D (or any amendment thereof) need be filed on their
behalf with respect to the beneficial ownership of any equity securities of
Alico, Inc. or any subsequent acquisitions or dispositions of equity securities
of Alico, Inc. by any of the undersigned.

Date: November 12, 1997

                                    XXX XXXX XXXXXXX INVESTMENTS, INC.

                                    By: /s/ Xxxxxxx X. Xxxxxx
                                       --------------------------------------- 
                                       Xxxxxxx X. Xxxxxx
                                       Vice President


                                       /s/ Xxx Xxxx Xxxxxxx III
                                       ---------------------------------------
                                       Xxx Xxxx Xxxxxxx III, individually


                                    XXX XXXX XXXXXXX, INC.

                                    By: /s/ Xxx Xxxx Xxxxxxx III
                                       --------- -----------------------------
                                            Xxx Xxxx Xxxxxxx III, President