Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-16
WILL BUILD A HOME.
The Americas Decides to Put Up a
Big Club House on Sixth Street,
AT TIE COST OF JUST 100000.
Strong Objections Made by Some Of the
Less Wealthy Members.
THE RACKET OVER THE TOAsFMASTER

A meeting of the Americas Club was helC
last night to act on the clubhouse question
Before the meeting was called to order, &
large number of the members were inter
viewed concerning a statement published II
an evening paper that there was great OBJ
lection to the selection of Congressman Johr
Dalzell as POSTMASTER for the annual ban
quet, April q. It was alleged that the in
vitation to the Congressman would be re-
called, because of his unfriendliness to Sen.
ator Quay. Without exception, the mem.
bers spoken to declared that there was moth.
ing in the story, that there was no objection
to Mr.. Dalzell, and that his selection was
satisfactory to the club.
All said that they could not imagine
what member was responsible for the yarn.
Some even expressed a doubt whether il
had come from a club member at all. The
invitation was rendered by subcommittee
of the Banquet Committee. President
Paul, as Chairman of that committee, is
now in Washington personally rendering
the invitation. Mr.. Dalzell is member OF
the club. Some of its members say en-
be chosen for POSTMASTER. After the
meeting a member said: ''The subject OF
postmaster was not referred to, even in
private conversation, during the evening.
1t is all wind"
SITE RECOMMENDED.
When the club was called to order, A. G..
Roenigk, Chairman of the Committee on
Club House, submitted a report, in which
it was stated that the property at Nos. 20
and % Sixth street, having frontage of Sc
feet and running back 100 feet to an alley,
could be bought for $54, 900, the present
tenants to be permitted to remain until
April l, 1891, at an annual rental of 50, 500.
Mr.. Roenigk explained that the committee
contemplated the erection Of a six-story build
ing to cost $40, 900, bringing the total invest
ment to about $780, 600. The first floor and
basement would be arranged for business
purposes, leaving five floors Tor the use of
the club. To raise the money a land COM
pany would DE organized. and arrangements
had been made to borrow $50, 900 on mort
gage and to float secured mortgage bonds to
the amount Of $4,000, the Fidelity Title
and Trust Company acting as financial
agents. Th. stock of the land company
could be so arranged that the club could
buy it as rapidly as it finances would per-
NIT, and so eventually own the building.
The interest on the mortgage and the bonds
and the taxes would amount to 81 900 a
year. For the rent of the first floor and the
basement four propositions had already
been made at s., 900 a year. This would
leave g, rental OF 5000 for the club to pay.
THE SCHEME APPROVED.
There was some opposition to the scheme
from members who thought the task might
be too great to bear, and a motion was
offered that the club would not 60 into any
plan of the nature proposed, This, however,
was ruled out, and a motion was passed in
dorsing the plan. On Monday 81, 900 will
be paid to close the purchase of the ground,
and the land company will be organized
next week. 1t will be composed of members
of the club, and the matter will be pushed
energetically.
The Americus Land Company will be
stock organization. The $1,000 to be paid
down Monday is ssid to be aboutal the cash
there is in the treasury. There is much dis
satisfaction on the part of some of the mem
bers who are not blessed with great wealth.
They fear that the burden will be so onerous
that they will be forced out of the club.
Indeed, some of them say that such a result
is one of the objects of the big building
scheme.