The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-01-08
TO BUY THE BARRACKS.
THE NEW HOTEL MOVEMENT TAX
ING DEFINITE SHAPE.

Last Nights Meeting at the City Elk
change-The Total Subscriptions in
Stock and Bonds Foot Up 1921 900
The Stock Subscription to be In
creased to $500, OOO-A Committee
Appointed to Purchase the Barracks
Site.
A postal card addressed to the subscribers
to the new hotel, calling a meeting at the
Long Room of the City Exchange at S
o'clock last night brought together large
number of the representative men of Savan
nah, as will be seen from the following list
of those present: r. E. Lester, d. Wells, c.
X. Heron, A. r. Lawton, Jr., H. NJ. Conner,
w. j. Lindsay, Ed. F. Lowell, John Elan
merry, j. P. Williams, w. w. Gordon, c.
Menelas, F. NJ. Farley, j. NJ. Barnard, Jr.,
Herman Myers, A. Vetsburg, S, B nswan-
ger, d. |. Mcintyre, J. X. Young, DR.. r. J.
Num-, r. d. Guerard, J. H. NJ Ciinch, J.
Rauers, Ed. Karow, George }. Mills, j. H.
Estili, A. Hanley, II. ID. Stevens Joseph
Ehlen Lee Roy Myers, j. Feeley. L. Lipp-
man, w. J. Watson, c. A. Reitze, c. H.
Dorsett, and others.
The meeting was organized by calling
Hon. r. f. Lester to the chair and request
Mr.. II. NJ. Conner, the leading spirit in the
new hotel movement, stated that Sl3l 100
in stock and $l0O,0O0in bonds had been sub
scribed, but it was proposed to increase the
stock subscription to 100000. Subscrip
tons to the amount of S6S000 in bonds APP
peared on the list, but $32, 600 more had
been taken by gentleman whose name
was not on it.
Capt. w. w. Gordon offered resolution
in regard to purchasing the barracks site,
The resolution ELECTED considerable good
humored discussion, and several amend
ments were suggested by MessrS. Flannery,
Conner, Lee Roy Myers and others. The
matter was finally settled by adopting the
following resolutions:
ResoIUed, That the chairman appoint com
mittee of seveu to purchase the site at a price
not exceeding SIS 600, and upon such terms as
TO them may seem best
Resolved further, That the same committee
shall have charge of the matter of procuring
charter at the proper time.
Mr.. Conner offered the following which
was adopted:
ResolUed, That a committee of nine be ap-
scriptions.
The chairman appointed under the first
resolutions the following COMMITTEES:
Jacob Rauers, f. A. We'll,
John Flannery, j. B. Duckworth,
Edward Lowell, b. A. Denmark,
Herman Myers,
And under the last resolution the following:
II. M. Conner, A. Netsburg.
VIM. Garrard w. w. Gordon,
A. Hanley, r. d. Guerard,
Lee Roy Myers, John l.. Hammond,
e. II. Dorsett.
The meeting then adjourned subject to
the call of the chairman.
The following is the subscription list up
to last night:
We. the undersigned, subscribe and do hereby
agree to pay the amounts set opposite our
names for the purpose of building a hotel in
Savannah, Ga, on the site known the Ogle-
thorpe barracks on the following terms and
conditions:
ri st. That we can secure said site.
Second. That not less than the sum Of 100000
be taken i'm stock and not less than 100000 of
an issue of S2O0,000 be taken in per cent 80
year bonds shall be subscribed for in good faith
Third. That as soon as the said site and sub
scriptions aforesaid are secured charter shall
be obtained for the purpose of carrying out the
object OF this paper, to wit: the building of a
hotel in Savannah
Fourth No subscription shall be binding un-
less not less than 500 600 of stock and not less
than 100000 of bonds be subscribed for on or
before March l, 1888.