Savannah morning news. [volume] (Savannah) 1868-1887, 1883-11-20
TuE HOTEL MOVEMENT.
Meeting of the Purchasers of OgIethOrpe !
Barracks.

Meeting of the Purchasers of OglethOrpe
Barracks.
The purchasers of OglethOrpe Barracks
met last evening at Metropolitan Hall.
Capt. d. G. Purse, Chairman, called the
meeting to order. The Secretary of the
former meeting being absent, Col. j. ii.
EstiH was requested to act in his stead.
Cant. Henry Blum. from the committee
of three appointed by the previous meet
lng 10 act for the subscribers at the sale
of the barracks, reported that they had
purchased the property for the minimum
sum fixed by the terms Of sale, and paid
10 per cent. on the same. The report
was received and adopted.
Capt. John VI. Guerard offered a series
Of resolutions, which were amended ana
adopted in the following form:
First. Reso1red. That the purchase hereto
fore made Of the Oglcthorpe Barracks at the
price Of S67,3Sl - De and the same Is hereby
Second. ResoEced. That this meeting proceed
10 elect nine persons from among the share
holders as trustees Ia whom the title To the
property and land shall be made upon the FOL
lowing trusts:
/. 10 hold the said property in trust for the
shareholders by name, their heirs and assigns.
2. With power 10 said trustees ana Jlelr
Successors in the trust 10 sell and convey SAID
prOpertv in such manner upon such terms
and for such price. or lease the same, as two
thirds of the shareholders shall direct at a
meeting to he called for that purpose, OF
which. at least. ten (l0) days notice shall be
given bv advertisement IN public gazette
published in this city.
3. To divide the net proceeds Of such sale,
or the income derived from the lease OF the
uropertv rateablV among the shareholders.
4. With power also to fill vacancies caused
by death or resignation IN their own number
by an election. provided tnat no other thah
- n.f.sr- affa1N hn npRnmf 4.
trustees.
Third PesolreG. That said trustees shall
take such further steps a. may be necessary
to collect the balance due upon the subscrip-
ton for the purchase money, and to have the
title TO the property perfected.
Fourth. Resoiged, That each shareholder
shall have the right to appoint proxy.
Fifth. Res0lUed. That majority of the trus-
tees under these resolutions shall be a quo
rum Of that body.
d. r. Thomas, Esq, offered the follow
ing resolution, which was adopted;
Resolrsd, That the trustees hold the prop
ertv for twelve months. and should it not be
disposed Of by that time, they apply Tor
charter.
Col. J. II. Estill moved that a commit
tee of five be appointed to report the
names of nine gentlemen as trustees.
The motion was carried. and the chair
appointed as the committee Messrs. Estill,
a. Netsburg. J. l.. Hammond. l.. a. We'll
and Henry Blum. The committee retired,
and on their return submitted the follow
ing names:
W. W. Gordon. L. \. We'll,
John Fannery. d. q. Purse.
:. Guckeuheimer, John Nj. GUerard,
Henry Blum. J. Il. West,
a. L. Hartridge.
The report was received and adopted.
Capt. +. VI. Hull moved that the gentle
men whose names had been submitted be
= .s~.N.
was carried. The Chairman put the vote,
and they were unanimously elected. The
meeting then adjourned sine die.
The resolutions Of Capt. John NJ. Guer-
ard, and the amendments thereto, elected
an animated discussion in which about
half those present participated. Every
thing, however, was harmonious, the
speakers only debating what was best to
be done in order to promote the object
which all had IN view-namely, the cree
tiOn Of a grand hotel.