Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-06-25
BEATTY AND BUILDING.
Work Begun on the Hyde Jennings
Fine Office Dailding.
A Big Deal in Western Landslide Cotton
Eill-Ths Lone star Spring Pal
ace-The Hotel.
A FINANCIAL CENTER.

tablishment Of National banks in the
towns and cities of this section
IN which Fort Worth capi-
tai is largely invested. Yesterday
another National bank was added to the
number in which citizens of Fort Worth
bold stock and are directors. The First
national bank of Graham, with q capital
stock of $50 goo, was organized yester-
day and will be ready for business on
July %. The following are the directors
and officers: R. E. Mabry, president;
w. E. Craig, vice-presidsnt; @.
w. Johnson, second vice-president,
all OF Graham; William r.
Houston, of Fort Worth cashier;
other directors, E. S. Graham, l.. j.
Bower, J. c. Short, G.. B.. Jewell of
Graham, s. r. Crawford of Shreveport,
La. and John R. Hoxie, NJ. C. Hurley,
R. II. Sellers and Col. J. P. Smith of
Fort Worth.
BIG LAND DEAL.
Late in December last John @. Ryan,
the well known dry goods merchant, saw
the coming boom in the north
west and began looking around
for heavy investments. The re-
suit Is that yesterday MIR. Ryan
purchased from Judge 1. R. Darnell of
Wichita Falls all the lands of the Kit
Carter land company in King and Cottle
counties, valued at upwards OF 500 900.
These lands are all fine wheat lands,
and will in twelve TO eighteen
months with this rapid development
of the West double in value. In the
sale MIR. Ryan disposed of his large
stock of dry goods, clothing, etc., to
F.,I
business career, and now devotes his en-
tire time TO real estate, his forte. MIR.
Ryan, having an abiding faith in Fort
Worth, proposes to invest all the
profits from these Western lands
in Fort Worth. This vast body of lands
was located many years ago by Jasper
Hays, well known in Fort Worth, where
he lived for years. Col. C. n. Higbee,
also of this city. passed on the selection.
While Mr.. Ryan leaves mercantile
circles with a well-earned reputation
as business man, he leaves
the business intact in strong hands.
In this trade, as in many others that
have been made in Fort Worth, money
shows It's confidence in Northwest Texas
and aids in its development. This CITY
has done more to develop that section
than all other cities IN Texas combined,
and to-day Fort Worth capital is pushing
all her varied industries to the front.
Fort Worth and her men of capital are
for the West.
THE BIG HOTEL.
Up to last night no reply had been re-
ceived from Glen Walker to the cable
gram sent him a day or two ago in re-
gard to the half block on Sixth
street wanted for hotel purposes.
Yesterday negotiations were set on
foot for the purchase of the half block
on Eighth street between Main and
Houston, fronting north, it being I'M
derstood that this location would be
to the persons proposing to
build the hotel. 1t is understood
that the price placed on the twenty
five feet on the corner of
Main and Eighth streets was SIS 900.
There are a number of Fort Worth peo-
pie who still believe the best location for
the hotel to be on Ninth street between
Main and Rusk, fronting south, and that
location may yet be selected.
THE COTTON FACTORY.
A few orders were placed for lots in
this addition, but we are far short of the
to sepSTe the factory.
The Texaaand PacIeY railway company
will build neak Essenger depot for this
suburban adalHm, and there will be q
rapid transifiilt on the new eighty foot
Wbeing laid out from this
city to thu otta factory addition, which
will ascally Sing the mill into the
city. Se tract Vgerlooks the city and
is higIS smooth ahf healthy. Another
factor5 that will emRoy forty people will
be locEted thore without help from any
one in Fort Worth, which together
with the big cotton mill employing 800
will establish this the great manufacture
ing center. Lots 50x100 feet, now offered
for 500 will bring several times that
If we don't get the factory
you are not out cent.
STAR SPRING PALACE OF 1891.
The iye-pointsd Texas star is an en-
blem sacred to the heart and finer feel
ings of every Texan whether native born
or adopted. How bewitching is this orb
Of twinkling light in the realms of night
or early dawn just at the advent of
glorious day. Such should be
the coming Palace for 1891 in its
star heralding the progress, greatness
and natural resources of a country SO
blessed by nature g bountlful
sOOuuoSs.
A star palace in Texas, for Texas and
OF the products and deco
rated with the varied designs that are
so beautiful, is an enterprise that all
should join with that peculiar |
that characterizes and
has made famous to the world |
q people who overcome difficulties,
gained independence against the great |
est odds, cleared the frontiers, converted |
the boundless prairies into profitable |
pastures, farms, towns, hamlets, cities,
svidencing on every hand the material |
progress that is gong forward.
Surely people of this determination |
will not drop their hands in despair at so |
small catastrophe as the burning of the |
late Spring Palace, an institution that |
has done an untold amount of good for |
the eutire state, and has |
borne that silent evidence to /
many parts of the earth that with
in this country OF ''elbow room, where |
limitations of mind are unbounded, |
where genius is awake, is country |
suitable to 1--we, and ia fully equal IN re-
sources to build star resplendent with |
celestial splsndor.
Mr.. Graham has, through the columns
,f the GAZETTE, submitted to the people |
Of his native state (Texas) : the embryo |
plans of Spring Palace IN every respect |
truly Texan.