Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-29
AN ANCIENT PROTEST.
Old-Tine Bankers Who Wanted the
MonongaheIa House Property.
A VIGOROUS OBJECTION MADE
To the Site Because it Was Too Far From
the Business Center.
WHAT THE GROUND WAS WORTH THEN

but now residing In EAuauSAPu-es
to the present site of the Mononganeis
House, is of peculiar interest at this time.
1t had been suggested that the properly on
which the hotel now stands be purchased
for banking house. To this the following
protest was made, which resulted in the
purchase of the property now occupied oy
the Bank of Pittsburg.
OF the signers Of this protest Major Z.
Denny was brother-in-law OF General Will
kins: William McCandless was father OF
the late Judge Wilson McCandless, ana |
George Boggs was merchant, his fatner-in-
law being John wrenshall, grandfather oil
Mrs. General Grant.
r. DENNY AND OTHERS, PROTEST
AGAINST RESOLUTION TO FUhCdAsC
NEW BANKING HOUSE
2FEB., ISIS, PITTSBURGH
To the President and Directors of the Bank Oh tne
United Statess
GENTLEMEN-A resolution OF the DireceJIs ec .hs
| of vour office at this place was passed on 'uo
sResoived that the President be requested 70
write to the Bank of the United Stases 10 70 ~
authorize the purchase. OF rent tne nouso os .h;s
| VIM. Wilkins. being in the opinion OF tnis
board the most convenient ana ehRlDie Ouilu'
nE IN Sn1s entsred our protest against this reso
luton. we deem it our duty to give to you, gen
tle%sn S cSrrscs Tsons TlsW Which III @ infUenced us
| In the first place it may be well enough 70 ln,
form you of an effort made at an carry peaul11ggI al1g
TO obtain possession OF tnls nouse u a9.sr Mt
Poe's return to Pittsburgh in the fall, II Was Wa
known who had been elected Directors OF sne
| new Office and an impression was mace ShAs
vonr negotiations with the Directors OF
Inc Rank Of Pennsylvania had been broken oni
and that there would be no purchase .a or W M-
fer Of the oa once H. IHe TsnneSil nSs save list Of
| the new members and directed an lmmeolsete e
organization of the Board, and TO LOOK ous aOh
temporary Office, etc. The Board was oLsan-
ized and COMMITTEES appointed to inquire Tor
| a Temporary office. This committee reported
an office which was to be had, but benevlng,
| Notwithstanding the reports and opinions "
the contrary, that a purchase, etc. would I9s 9s
| made recommended continuance IN shs s o.u
office until something further was Known lio .es
the Directors OF the BANK OIL ssne ose4
States.
TOO FAR FROM BUSINESS.
Tbinos remained SO until our meeting the
next week. In the meantime, Mr.. Foe nao
, come to an understanding with Mr.. WILKINS
, about the purchase of his house, and had MADE
/ a conditional bargain for the same which was
submitted to the Boardt, and the Board
f vould have authorized the purchase at tnat
sitting. notwithstanding all that could pc salu
of the probability Of q transfer OF the oio %,
/ fQnl1SnmeDI.
| AZ the moment with letter from MI. SnlIn IN,
forming of the transfer, etc; Mnlcn aLIessoe a 2.
: our proceedings and prevented the purcnase $50 =,
c | that time of Mr.. wilkins house, ana as s0Ine
a of us supposed, put the subject 70 resi- DuS
j, gentlemen this subject was again unexpecteo. .
" brought up on our last discount gay, anu
majority of the Board were prepared W P~s'
y the resolution as before stated
n II is not that we think this properly OF MI
;. Wilkins too dear Ut was offered at Sli,osv.V4l
. | for the house is a superb modern Dnllolns
e snacious and finished in elegant style. VIII
i grounds 80 feet front on the MonongtHsnAls gtss
rs river and extending back lSO feet 70 Fron
n street. and the whole establishment coact
= house stables Offices etc., superior to any
= thing in the place and we agree that the stu
y alton would be pleasant one Ior tne Casnler
r and not inconVenientfor several OF the presen
n Directors, two particularly, who reside som.
ir distance out of town and in the direction o
n this house. One room OF this house IS inteneet
I for the Directors, and q handsome bankiul
room is intended to lie erected adjoining. wh1cl
II will make the whole very complete. But, gen
tlemen our objections are. are es Ga Il
one corner Of the city, too near the eastern limit
y of thetown lots. and on the bank Of the Monor
gahala river, and entirely without the 1ounas
the people of business, and tCoutd certainty o
very fnconuerient for almost eve ~ person l nde
Us mo business 20 transact sOith The Office Ther
lg are plans of Pittsburgh published IN fnha1e ne
se mia which we beg leave to refer you to: In
"a nropertv in question lies on the upper sloe 2
a. the town, on the Monongahala river, having
vacant lot between IL and Smltnneld s1ree
ID above By this short description you can Sc
th its situation upon the PLAN Butwe are told tna
n it's no matter where the bank is located tns
y y | the people will find 1t out and necessity va
IN compel them to 60 to 1t wherever it may b
OF Now we humbly conceive that some considers
Id ton is due to the convenience OF sucn mem 1el
be will necessarily have business WIZ sne vi TIi
q fairly appreciated. we trust this purenas
u will not be authorized.
n ARGUMENTS PRO AND CON.
Ttmav not be improper to mention that on
Re | ono rnember of the Board was absent when I'll
RI resolution was agreed to, but that gentlemi
to fWalter Forward. Esq. }, we understand. won
he have been with the minority
to After what has been said. gentlemen, u
he NAV. perhaps. expect something further fro
10 MS. We will then state to you our opinion
NO things. Your present property here is w
ne enough situated, there can be no objections
oo that score-the house and back buildings
se very substantial and well finished. and
not extending from Second to Third street D
- the house is too SMALL too contracted, LOT
Q" nurposes of the office and tor the aceommoo
me fion and convenience Of the Cashiers 1aml
the The greatest Inconvenience arises from I
ith banking room being too small ana tne DlLe @
n ors having when they meet, TO occupy roe
" which at other times is occupied by the tam1
ce, nor can the building be well enlarged.
rly The first and most economical plan we E
Law suooest would be TO erect on the vacant end
yer the same lot ION Third street, supstant
80 one-story building sufficient for bankl
Gu ~ rhe nse Of the Cashiers family the whole
DAY the present house; this plan could be compiei
the in q few weeks for about 5000 dollars, incl'
ing the cost Of a new vault, which ought %
srs would be more generally approved, would
ar to purchase suitable ground and erect ent
In new buildings, such as you should appro
Te And 4 very central and convenient lot
- offered by the owner (Thomas ReidlF 7S 4
auu .u front. extending from Second to Third sire
the and midway between Market and Wood stree
srly. valued at sl2.5OO. The buildings necessl
rear might be estimated at about an equal 81
,ted taking into view a convenient dwelling mo-
and Recommendations for the bank. But In
1et. event Of your selling your present Rouse .
ar" iot Won must not count upon anything like
liar sum it cost you.
liar Our apology. gentlemen, for oosIuoinG q y
!. srno n fo nrevent material and incurable error,
~ motives of which we are unRilllng 70 arral