The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-05-09
READY TO GO TO WORK.
THE SAVANNAH HOTEL COMPANY
ORGANIZED.

The Charter Accepted and H. NJ. Conner
Elected Presid ent-The Building
Committee to be Appointed To-Day
$4,000 In Stock and Bonds Sub
scribed and the Canvassing Commit
tee Still at housekeeping in
Shape to Push the Hotel at Once.
The Savannah Hotel Company was or
ganized yesterday, and everything is now
in readiness to go ahead with the hotel.
The capital stock OF the company is
Sl50,000, with a privilege of increasing to
100000. About $4,000 in stock, and
$l05, 900 in bonds have already been sub
scribed, and the canvassing committee ex
poets to increase the stock subscriptions to
| $500, 600 in a short time.
A meeting of the subscribers was held at
the City Exchange at o'clock yesterday
afternoon. The Long Room was filled, and
the meeting was the largest that has yet
been held in the interest Of the hotel move
ment. II. M. Conner was made chairman
and G. A. Reitze secretary.
Capt. John Flanmery reported that the
committee appointed to purchase the Bar
| racks property had completed the purchase,
and the titles to the property are in the
hands Of the committee as trustees, ready
to be turned over to the hotel company.
B. a. Denmark, Esq, the committees at
tOrney, supplemented Capt. Flannery's re
port with a statement in regard TO the &C
ceprance Of the charter by the company.
A. R. Lawton, Jr., Esq, offered the fol-
| lowing resolutions, which, after amendment
by Mr.. Denmark, were adopted:
THE CHARTER ACCEPTED.
Resolved |. That the charter granted to the
| Savannah Hotel Company by the Superior
| Court of Chatham county be accepted.
That the annual meeting OF the stockhold-
| ers shall be held on the second Tuesday in May
in each year, and each stakeholder shall be en-
| Titled to one vote either In person or by proxy,
| for each share held by him.
| 3. That committee of five shall be appointed
| by the chair who shall Immediately retire and
suitable as directors, whereupon this meeting,
being the first annual meeting of stockholders,
| shall Immediately proceed to the election Of
| directors for the first year
| 4. That this meeting do now after the &c
| ceptance of the charter proceed TO an organza-
ton by the election of Board of Directors, to
consist OF nine members, who, shall
| day in May, 1889, or Till their sue
cessors are elected. That Immediately after
the adjournment Of this meeting the Board of
Directors shall proceed to elect President, Vice
| Pres dent, Secretary and Treasurer, and all
such other officers as may by them be deemed
| necessary and proper. The President and Vice
| President shall be chosen from the Board of
| Directors. That said Board of Directors shall
| have, during their term Of Office, charge of the
| property and business of the company and to
this end they are charged with the duty of pro
| ceeding at once to take steps toward the builo
| ing OF u modern and commodious hotel on the
| Oglethorpo Barracks site and to make any and
all contracts for this purpose that they may
| deem best. That majority of the said Board
| who may be in the city of Savannah at the time
of any meeting shall constitute quorum, pro-
vided that not less than members shall be
| necessary to make quorum of said Board.
| That said Board of Directors be authorized to
fill all vacancies that may occur during their
| term of Office
SMALL DIRECTORY.
There was considerable discussion as to
the number of directors there should be-
Some wanted large board and some
small board. The majority thought that
nine was about the right number
The chairman appointed a committee of
five subscribers az follows to nominate a
b ard of directors: Messrs. A. r. Lawton,
Jr., j. II. NJ. Clinch, John Flnnnery, E.
A. We'll and r. D. Guerard. The commit
tee retired to make up ticket, and while it
was out tho Secretary made up list of the
stock represented in the meeting. There
were ops shares represented in person and
by proxy. This is considerably more than
a majority OF the shares, majority being
SSS shares.
While the nominating committee was out
Capt. Flannery read communication from
Messrs. Denmark & Adams as follows
SAVANNAH, GA, May 8, 1885,
NeSsrs Jacob RdnerS, John Flannery and
others, Committee for Saudnndh Hotel Co.:
DEAR SGRs-We beg to say that we make no
charge against you or savannah Hotel Com
pany Tor any services rendered by us in looking
into and drawing title deeds to the Oslethorpe
Barracks, nor for the charter OF your company,
nor for any other services rendered by us.
Mr. tarr tar Of fba St1tAa rio x-rfto
lis that he will make no charge against the COM
pany for any recording and making copy of
the charter
Mr. Isaac Beckett made an abstract Of title
for the company, for which he made no charge.
Yours truly, DENMARK q ADAMS.
The thanks of the meeting were voted
Messrs Denmark q Adams and Messrs.
Carr and Beckett for their gratuitous SER
vices in the interest of the company
The chair also appointed a committee of
three, consisting of MesSrs 3. A. Denmark,
II. G. Cunningham and E. F. Bryan, to
draft a constitution and bylaws for the
government of the company.
THE BOARD OF DIRECTORS.
The nominating committee reported the
following gentlemen as directors, and they
We're unanimously elected:
II. NJ. Conner, w. w. Gordon,
George j. Baldwin, Jacob Rauers
Lee Roy Myers, John Flannery,
David Wells, b. A. Denmark,
j. H. Estill
AT the adjournment of the stockholders
meeting the directors met, and organized by
electing the following officers:
| President-H NJ. Conner.
| Vice PreSident-Jacob Rauers.
Secretary-C. A. Reitze
Mr.. H. NJ. Conner will act as treasurer
for the present The directors will meet at
Conner 4 Co.'s offices at 10 o'clock this
morning, whea building committee will
be appointed, and the organization
of the company will be COM
pleted As soon as the building
committee has been selected, plans will be
invited and the work of building the hotel
will begin as soon as possible. Everything
is now III readiness to go ahead with the
work, and Savannah is pretty sure of a new
hotel as soon as it can be built