The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-08-12
II Is SHl'U RED.
ALL OF THE $4,000 SUBJ
SCRIBED.
A LIVELY MEETING LAST NlGHF.
Public Spirited UiaiNens Com,r For.
ward-The Work orthc Committee
Dir. PEARSON Gives Sl0,000-'Rah For
Roanoke

] noaunkc.
The qu-ite So, 900 has been sub
scribed, and il there was ever any
doubt about the Roanoke and South
ern coming to this citY, it may be
banished now.
Last nights meeting of the stock
holders ut Gray g. Boswell's Office was
the largest yet held since the ques-
ton of raising the money has been
discussed The meeting was made up
of representative business men, and
they had confidence in the plan that
had been suggested
On motion of Dr. Il. a. Parsin Il.
h. Scott was elected chairman, and
Hinton Helper acted us secretary.
The committee appointed at the
last meeting reported that they had
succeeded in bringing the total
amount to 50 80 l.. l.. Powell. in
reading his report, said that the en-
tire amount could easily have been
raised, but he met several OF the com.
mittee and upon comparing notes
they had concluded that the $4,000
required had been subscribed, and
therefore no further effort had been
made. A miscalculation, he said,
must have been made somewhere,
but he didn't know how it had been
done.
james S. Simmons then suggested
that the soliciting committees be con-
tinued for a day or tv o until the
amount wanted was realized. lie said
that by that time the subscription
would be entirely made up and the
stockholders would meet and formally
organize the Roanoke and Southern
Development and improvement Com
pany. The motion was not put, rs
several members had something yet
to say.
Mr. Scott moved that the meeting
thank Dr. Z A. Parsons for his very
liberal subscription of so, 900, and the
motion being seconded ty Mr.. Wood
rum. the thanks Of the stockholders
were offered that gentlemen. lie re-
piled IN Il brief speech. He said he
thought when he gave the subscrlp-
ii II that lie was closing up the books.
That was his understanding of the
matter. but it seemed that he was
mistaken.
DR.. Parsons repudlated the sugges-
ton that he had been very liberal.
His motive, he said, was selfish after
ALL for he firmly believed that he
would more than gey the money lie
invested in return. He said further
L.. 81 IN %
ment of the value in real eastate III
this city would be at least lU0 per
cent. when the road was built into the
city.
a second count of the subscriptions
received was made and several mis-
takes corrected. 1t was discovered
then that the total amount received
was S41 900 instead of $40, 80.
80 out an holler fire. draw Il big
crowd around and close up the mat
ter, suggested Mr. Simmons, who, in
II S interest in the success of the enter
prise, had missed the train to Blue
Ridge Spring This sally put the
meeting in good humor.
The idea ofcompleting the subscrip-
ton took the fancy OF a number of
people, and though several motions to
adjonrn We're made, they were not
put The stockholders seemed de
termined to finish the matter at once.
lit will be good thing said DR..
Parsons, IF tine papers can come out
tomorrow morning and announce
that the Roanoke and Southern is as
sured. Suppose we send up to Salem
and get the other $4,000 he ques-
toned with touch OF sarcasm in his
tone. And the laugh again went
around the room"
the money, each putting in a thou
sand apiece" said l.. l.. Powell, tax
ing his cigar out of his mouth. The
applause was deafening, but nobody
was very anxious to follow his ex-
ample.
Joe said w. NJ. Wager, looking
over to where Joseph Z. Engleby sat,
'I'll give thousand if you do. What
do you say?''
Mr. Engleby thought moment or
two while tie men sat round the room
with their hands raised ready to APP
plaud They didn't have a great
while to wait for the decision.
IN 90 YOU said Mr.. Engleby,
quietly, and every man in the room
applauded to the echo.
The $50, 900 was at last subscribed,
the Roanoke and Southern assured,
and then the meeting adjourned to
meet 1T Gray s. Boswell'5 Office to-
morrow evening at o'clock, when the
organization will be concluded.