The Big Stone post. (Big Stone Gap, Va.) 1890-1892, 1891-02-20
TIE raaraERurAL cLun.
proceedings OF the Last Meeting. Charter
and Finances Discussed.

and Finances Discussed.
A good crowd was out on Monday night
at the Commercial Club meeting, butnoth-
ing of much Importance was discussed ex-
cept the charter question. The minutes
Of che last meeting we're read by the sec
rotary, and adopted.
Mr. Simmons Of the committee on clay
and brick works reported thai he had been
in correspondence with a gentleman Mt
Waco, Kentucky, who was practical brick
maker, and who has been making several
inquiries as to what advantages were Of
fered here in that line. He said he had
sent him samples of our clay. brick, etc,
and had given him all the information
possible concerning the place.
Mr. Irvine, of the Charter Committee,
said that he was true to his promise, and
had prepared charter for the club, which
he read. Considerable time was spaNt in
discussing some Of its clauses, and com
ments made on few points by Judge
Duncan, Mr. Irvine, Mr.. Mathews and the
chairman. The minimum capital stock
as provided in the charter is to be $500
and the maximum $500.
Judge Duncan contended that under this
charter the Company could not acquire
and hold real estate or other property cx-
ceeding the value Of $1,000. Mr. Irvine
and others held that as most of the pro-
perty would he acquired by donation, this
would not be material, and at any event
the charter could be amended if necessary.
Finally a motion was made to consider
the charter section by section which was
adopted. Some thought it best to lay the
matter over until the next meeting, and
give the club time for consideration. y
motion was then passed to reconsider the
motion just adopted.
Mr.. Mathews moved that considara-
tion of the charter be postponed until the
next meeting Carried.
On motion by Mr.. Irvine, Judge Duncan
and Mr.. Mathews were added to the COM
mittee to aid in completing the charter,
or make such alterations in the one al
ready prepared as would seem advisable.
Mr. Irvine said that Mr. Dowdcn was
again in the city, with a view Of closing up
the Crate and Mantel company. He said
that the papers had all been gotten up,
and the majority Of the stock subscribed.
Gem Ayers has generously donated two
acres of land, and offered the company a
loan of $4,000. The enterprise is meeting
with encouragement on all sides, and Mr..
Dowden says the plant can be in running
order within sixty days time.
Mr. Irvine also stated that he had heard
more encouraging news from Mr. Wooten
in regard to the wood working factory, and
that everything seemed to be working well
from that quarter. Some time was spent
in discussing the Finance question, and
the committee was urged to take up the
matter again, and come to some agreement
with the various land companies as to what
donation they will make the club.
Mr.. Mathews called the attention Of the
club to the fact that there has been, as
yet, no provision made by any of the land
companies for public cemetery and re-
quested that the club take the matter up.
On motion duly seconded the following
committee was appointed to. investigate it
and sec what could be done with the land
companies. tlr Mathews, Mr.. Lowell,
Mr.. Sproles, Mr. j. NJ. Goodloe and Mr..
Beckford
The meeting adjourned