Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-05-20
A GRAND
To the Citizens Of

The stockholders of the industrial
Exposition having elected a Board Of
Directors, which has been duly organized
and officers elected, and the undersigned
having been honored with and accepted.
the presidency of the board, deems it not
inappropriate to make an appeal to u
citizens to encourage and sustain an en-
terprise which is intended for the gener-
al benefit of the city, and as IN enter
tainment for u people and people of
the surrounding country. The enter
prise was inaugurated by the Mechanics
Association of this city, and TO them
great credit is due for their action in the
premises. That success will crown the
Undertaking l do not entertain a doubt.
But to make it a grand success, as it
should be, it is necessary that a cOnsid-
cradle amount of additional stock should
be subscribed. The amount already Ia
ken is about twelve thousand dollars.
While it is sufficient to justify
the directors in putting the
enterprise under way, yet it
is only half as much as is necessary to
erect suitable buildings and properly
arrange and decorate them. The success
of similar enterprises in other cities
causes the confident belief that the IN
dertaking here viii not be less success
full. The great advantages which the
city would derive by bringing together
every spring and fall as visitors to this
/" Exposition the many thousands of
people from the various sections of
country can hardly be over estimated.
I regret to say that solicitations for
stock have not met with the hearty
response and iberality from merchants,
tradesmen, prOperty-0wners and others
which usually characterizes the people
of our city. This has, perhaps, arisen
from a mistaken idea that the money
subscribed was a donation. Such is far
from being the case. The declared pol
lev of the association is to refund to.
each stakeholder, as soon as the finan-
ciaI condition of the association will
Justify, every dollar he or she may adj
vance, with reasonable compensation
for its use. 1t is confidently believed
that this can be done, at farthest, after
the second exhibition, and possibly
sooner. Hence the subscription Of stock
virtually amounts to a loan. With this
statement of facts it is hoped that citi-
zens will only consider the MANY adj
vantages to arise from a success of the
undertaking, and contribute as stock
the necessary funds to make it SC. The
Board of Directors will meet at the
Chamber of Commerce at five o'clock
in the evening on Tuesday the twenty
first instant, for the purpose of appoint
ing the necessary committees to select
a location and put the work of erecting
buildings under way so as to have them
ready for an exhibition in October.
They must necessarily make them of
dimensions according TO the funds at
their command. Many citizens have
not been called on for subscriptions, and
the short time allotted in getting every
thing under way and completed will
make it impossible to call on them. It
is therefore hoped that all who are will
ing to assist in this important enterprise
to the whole city, will indicate to some
Member of the Board, the amount which
he may be willing to subscribe, and
thereby identify himself with the enter
prise. Parties who may send notice to
the board 1t its meeting on Tuesday
evening will be called on by the Secre-
-tary. Persons who are able to assist, and
fail TO do so, will no doubt regret their
d~ereliction when the enterprise is made
a success, as 1 doubt not it will be. The
money for subscriptions will be called
for as the necessities require in erection
Of buildings, etc. In behalf of the Board
Of Directors L again exhort the citizens
of Memphis to come to the aid of this
important enterprise, and furnish the
necessary funds to make it a grand sue
cess. Shares are twenty-five dollars.
each. Subscriptions will be received for
enc or more shares.
I. A. NELSON, President.
OF DIRECTORS.
NJ. Burke, VIM. r. Moore,
I'D anbury, A.P.C Curry,
J.. A. Roush, + Z. Pickett,
Il 5. Davis, George Mellersh,
Berry q. Ferguson, George W. Cheek.
4. d. Langstat, Amos Woodruff,
Tthu Johnson :. R. Robbins.