, 1880-07-11
BOARD OE TRADE:
A Resolution Offered Looking to
Securing New Quarters.
The Various Locations and Plans
Which Have Been Suggested.

/ The various L0catlonS and Plan
Which Have Been Suggested.
Probability that the Removal Will Not Bt
Far from the Present Site.
The following resolution was presented on
'Change yesterday by the Directors of tht
| Board of Trade, and will be voted on b,
! ballot between 10 a, m. and D. m. Monday.
WHEREAS, The present taccomn1oda tfons of the
| DoRrd of Trale fur the transaction OF the bust
ness are wholly INADEQUATE to the convenience
OF the members a 1re r "s susceptible 'hp to such
the present and future needs OF the Associat ton;
therefore, be it
| Ifcsolue.t, THAT the Bourd of Directors of tha
Board are hereby requested and fully authorized
! to make such Arrangements for new ard en-
iarged quarters not remote from The business
centre Of the city, and as near the ground sur
fRce us 1t is practicable, upon such terms as they
may deem for the best interests OF the Associa-
tiO1i.
For the past two or three years there has
been
a GREAT DEAL OF DISSATISFACTION Ex-
PRESSED
with the present location OF the Board of
Trade by the older and more wealthy mem
bers, and OIL several occasions the question
Of securing new quarters was talked over
with seriousness which, at the time, gave
some prouise Of fruition, but failure to
connect with really desirable piece of prop
erty, or with capitalists willing to invest in
the venture, brought the project to naugtlt.
The dissatisfaction, however, continued all
the same, and grew in volume as it con-
tinucd.
Several months ago President Dwight, Of
the Board, appointed special committee of
ten, consisting Of 3fessrs. Dow, Kent, Culver.
Raymond, Secretary Of the Chamber of Com
merce, Counsclman, Nelson, Rogers, Wheeler,
uanill, and McDernid, to make thorough
Investigation Of the present md future wants
of the Board, and report as soon as they had
arrived at any conclusions.
When the Board, i'll 1861, resolved to move
from the quarters then occupied on South
Water street, just east Of Fifth avenue, the
membership consisted Of about 600, but its
charter did not permit it to own any real es-
tate OF greater value than $4,000 Rather
than lobby at Springfield for supplemental
charter, the members of the Board
in their individual capacity organized
under charter for a Chamber
some time before BY few then prominent
hnnr ,.nr,+ r,,,,l, t1c,to,cuxj viii H. s+si.
,,,t,, - e1 ~, Viii ele Sta1lSn
3 uTom,ness ~ I w} Whit # Ssai' a. uEIe th ~ e
mercip % Reporter @ Of CopperIead s Il sIiest Ie
t'a:.. n..tt 70 20 WI t.s;i, - .tc n1*1
uusaess 'a ~ Galu up G.teuaalo; III lnelf
to the Legislature for charter for
A CHAMBER OF COMMERCE,
tta,s Mcu i1ey op'a!neu t put neses u5eo, because
Iney na ~ d nGt amount 10 enough IN either
hG4luSis f1.,Ts tti ui oaStness' ;,ess ~,
tt,uEl i,o tmtS cmai.fr u1e lnuI'luual I Memoels
o. eie - boalu oigan,ze "a, as1 oo SuosGTloed 1of
stQch 10 ~, 1ne aoat amount od SoWV: lhe prop
ett1 @ =: t.e ; so9tea9t att tGtnet t u MaShLsgt9n
anu 1I!t - oaiie sSleels, lnen occupied by the
irst 151p.iiSs1 Gnurcn, was purchased; the
enuich ouilunlE was taken anw1l, prick 6y
orlck, and subsequently rcerected on the
corner tt a. q Morgan ana Monroe f streets; anu
no WScb tSa
9I lraue moVeu N lne dall OF 1872. -, = tew !
nays altSe tS {nG nre OF uctoPer f. ~, IN
" Mg rd ae opg was ba;S baG;SIfosea e 6oard
p 9G.ahca tne Chanlper or commerce people,