The clarion. [volume] (Jackson, Miss.) 1883-1888, 1886-09-15
THE COTTON AND WOOL FACTO-
RYAN ASSURED SUCCESS.
The Required Amount Subscribed


JACKSON, Sept. 10, 1856.
An adjourned meeting of citizens and
subscribers to the proposed Cotton and Wool
Factory was held in the Senate Chamber
tonight.
On Judge Shelton taking the chair, Mr..
NJ. Green submitted the following
REPORT OF COMMITTEES on SOLICITATION
Mr.. CHAIRMAN At the request OF the
committees on solicitation appointed at
former meeting, | would beg to report as
follows
That after diligent effort on the part of
the committees it was found that The requi-
site amount might not be subscribed upon
the plan being then pursued. Thereupon
numerous OF our enterprising capitalists
met and determined that success should
crown the movement and to that end a sub
scription list was agreed upon whereby
each subscriber would take not less than
one thousand dollars, and thereupon the
requisite amount was subscribed and guar
anteed Such list is not complete, though
the amount il guaranteed by the signers
thereof, and any person who desires to lake
stock is offered the opportunity. When
all the parties whose subscriptions have
been thus guaranteed, have approved the
same, il is TO be transmitted TO the source
through which the complement OF the cap
ital stock is to be taken.
This subscription being in its nature a
private subscription, needs no attention Il
the hands Of these committees, and hence
these committees ask that this report be
received and the committees be discharged.
Respectfully, NJ. GREEN,
2 For Committee.
After which he read over list of sub
scribers in sums not less than s 900, ag-
gregating $4,000, and stated that the list
was still open for any person who was will
ling to subscribe as much as 81, 900.
Col. w. l.. Nugent made some timely re-
marks eongratulating the meeting on the
assured success of the enterprise, and
moved the adoption OF the report submit
ted by MIR. Green The report was adopted.
Prof Roudebush spoke in favor OF oc-
casicral meetings OF the citizens for the
purpose OF discussing matters relating TO
The advancement and improvement OF the
city.
Col. J. L. Power moved that the thanks
of the meeting be voted to Messrs. w. l..
Nueent, Il. l.. Saunders and VI. Green Tor
the active interest which they have taken
| in behalf Of the Wool and Cotton Factory.
| The motion was unanimously adopted.
| Col. Nugent thanked the meeting for its
action. and said that he priced nothing
more than the confidence and good will OF
his fellow-citizeus, and said that during
| his long residence in Mississippi he had
known nothing but kindness from Its clti-
zens.
Messrs. Green and Saunders also ex-
pressed their appreciation OF the eompii-
meat.
Mr.. Green advocated the proposition oil
DIR. Roudebush and urged greater concert
OF action in business as we'll as social
matters than has hitherto characterized
the city.
Col, Power advocated the reorganiza
ton of the Board OF Trade and proposed
that the meeting request TIE former mem
beers of the Board of Trade to reorganiz'
il. and while he was on the floor" advo
Gated the establishment of first-clas
graded common school.
Mr.. /. Strauss favored the perpetuatioi
/ Of the present meeting, as City improve
ment Association.
, Prof. Roudebush reduced his PROPOSE
ton to the form OF the following resolu
ton, which was adopted:
Resolved, That it is the sense OF TIN
: meeting that it would be greatly to tn
r advantage OF our community in promoting
| matters OF public interest to hold mas
I meeting at the City Hall on the I'd Mon
e day in each month for conference and dis
: cussior.
Col. Power moved the appointment OF
committee of three to confer with the cit
: authorities for the use OF City Hall for II
e proposed meetings. Agreed TO. Commit
, tee-J. L. Power, j. I. II. Laird, h.
: ChiIes. Adjourned.
. II will be seen from the proceedings
e the citizens meeting that the plan OF tar
inc subscriptions to build wool and co