The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-03-20

uSACc GuIu0I OlL III IOEC0 1851 night, To |
attend the adjourned meeting held for |
he purpose of hearing tia further re-
port OF the committee az Chambar OF |
Commerce building, and to take action |
upon the
PROPOSED AMENDMENT
to the constitution, increasing the cap
ital stock from IS, 900 20 81 $40, and in
the member hip from 200 to
250, ana to Increase the par value or the
shares from $25 to $50. President
f. w. Jennings called the meeting to
order shortly after clock, and Mr.
Fred. Simon said that if the member
ship should be increased, the
value Of the shares should
be placed at $500 each The Chamber
had done greaJ work, aud members
could justly consider their member
ship worth even $500.
Mr.. HolIister moved that the pro-
posed amendment, admitting fifty
more members. at $50 each, be INSIDE.
Colonel Wall offered as an amend
ment, that the initiation fee b. in
creased ia 500.
II. l.. 4 Culmer stated that it should
make 40 difference now much work the
Chamber had doue, the work had been
done
FOE THE PUBLIC GOOD,
and if new members we're knocking at
the door, they should be admitted on
Rs reasonable terms as possible.
Secretary FOrhan stated that the
prop .Sed amendment to the coustitu-
ton was in accordance with the by
l4ws. and that it would have to be
adopted or rejected.
Major Sells hnpei that the amend
msnt would be made. It was not a
ques ion of dollars and cents, but
whether the Chamber desired to get
GOOD, LIVE MEN In.
The amount of the initiation fee might
not make much diff ence, but if the
proposed amendment was not ma lie,
action woald have to be deferred for
some time.
Mr.. Walden thought that the sense of
the meeting should be taken before the
matter was finally acted upon.
Mr.. Weber said that the only CUES
tor was as to whet her the constitution
shoulI be 50 amended rs to admit fifty
nsw members. The initiation fee had
nothing to do with the question, as
tnat was covered by the ng-llws
9'ne amendment, admitting City new
members at 500 each,
WAS THEN CARRIED
by the necessary t5o-th'r majority Of
those present, and TIE vote was aits.-
wards made unanim pus.
q. f. Culmer, chairman OF the com
mittee on Chamber of Commerce build
iny. stated that the committee had no.
mad much time since Friday
night in which TO complete their re-
port. fh6 committee considered the
entire plan feasible, and be suggested
that they be authorized 10 advertise
Tor bids for q site for the building
The committee would need the financial
and moral support OF every member Of
ths Chamber, as it would take backbone
and money to carry it through.
w II. SSlls moved that the report be
accepted, and that the committee be
instructe Id advertise for site.
Mr. Conklin wished to know if the
committee had considered the
COST OF THE PROPOSED BU1LD1NGs2
G. F. Culmer replied that the
matter had been carefully eonsid-
cred. but the cast would depend
ntireIy upon the material used and the
size of the structures. The estimated
cost OF the Chamber of Commerce
would be upwards of $250.000, while the
stores might cost from $1,000 to 500 900.
l.. E. Hall showed how thu value of
the ground would increase with the
erection of the Chamber of Commerce
building. 1t would be paying invest
ment. He would like to hear the plan
criticised, and if there were weak points
in it, have them pointed out.
IF THE BOOM WAS TO BE FIXED HERE,
it was time building was put up.
Mr.. HOLSTER said that ne thought
the plan was practicable, and worthy Of
the support of the Chamber of Com
| MERGE.
w. II. Sells described how the value
of property situated near Main Street
| nad increased with the mere prospect oi
1uildlnps being erected in the vicinity
In answer to a question, Mr.. Dooley
-'tated that the committee would not
Nne'dor it advisable to accept the centre
of block, for the erection o: building
as gift.
H. w. Lawrence said he was in favor
of improvements, but he would like tC
ask if it would be advisable to ceutr,
the business of the city in one BLOCK
and build that block up
AT THE EXPENSE OF THE REST OF THE CITY
Would such a plan be just to thos:
owning property in other locaii les
He did not think those men would pa
no money to build up another part OF
the city.
Mr. Hall said that the propose plan
would give the men Of lin ted means 6
chance to invest, and to help buud III
the city. The business portion of tn,
town would improve gradually, bu
something ought TO be done at once t
id to the beauty and grandeur of Sal
Lake, in order that
OUTSIDE CAPITAL MIGHT BE BRoUGH,