Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1891-10-29

MfLroRp, Oct. 27.-The merchants and
business men met last evening to take some
iihal aclion on the proposition made by
we fhlladeiphiA firm 70 locate a shirt
factory here. Frank Richards reported
that he had conferred with the firm and
they made the following proposition: That
they would come here Ii the citizens az
this town would build them a factory lo1x
36 and two stories high. the lover room to
be finished and the upper floor be laid but
the side walls might be left bare for tile
present rent free for five years, at the ex-
piration Of which time they were to have
the privilege of purchasing it at its regu-
lar cost or to rent it at the rate of G per
cent on the money invested, the building
to be exempt from taxation for term Of
ten years.
l. was suggested that the firm Put IN a
forfeit to stay here the five years but il
could not do that they said as the business
might be dull and its goods not meet with
ready sale or some Unforeseen obstacle
present itself in which case it would be
impossible for it to stay but it was willing
70 agree positively to stay one wear and if
u should have to leave at the expiration of
that time pay the rent for the reminder
OF the term Of five years at the rate Of o
per cent; or to pay the rent for the place
Tor the remainder Of the term shoiild it
im ~ w ieaNc pelnre the term expired
Ihis was considered fair proposition on
The part OF the firm and the town accepted
i last night. The firm gave the committee
The assurance that ii no obstacle presented
Itself aid all went well they would STAY 10
and if possible ~ years.
The sum required TO erect the building
IS between 81 800 and $1,000. the greater
part Of which is already taken. Work
VIII pc begun as soon as possible as the
ltIilIfn0t 10 ~. ,a Loo. I.r ~
OF the new year In the meantime the
iirm viii try to purchase the present fac
tory from Strawbridge O. Clothier, whose
machines arc still here. and begin opera
tons one week from next Monday. A
committee was appointed including Frank
hlckards, James ii. Deputy, James p,
Pierce, James Russell, James WEIGH, T. d.
fierce, the secretary, and George II. Hall,
the president Of the meeting with power
to draw up contract and close it with the
hrm. This was done after the meeting
adjourned as the members of the firm are
mere, The meeting adjourned to meet to-
night at the same place to hear the report
OF this committee. Your correspondent Is
assured by member of this COMMITTEES
ms morning that If arrangements tan be
made this industry will commence opera.
tons on next Monday week.
Draper, Davis Il CO.. have on exhibition
III the window of their office q pumpkin
that weighs l22 pounds.
Postmaster Thomas is putting up a few
more mail boxes in the town. One has
been put on Halls corner at Front and
Walnut streets, South Milford.
IL. ). Graham is organizing dancing
CLASS Class. lie has secured a teacher from
Fhlladelphla and a number Of the Young
men assembled in Dorsey's hall last even,
ing for the purpose of joining the school
Il was not organized, however IL will he
organized Thursday evening next.
David Lank q Son expect 10 launch tbe
large vessel now on stocks in their ward in
few days. She is TO be three.masted
schooner q about 800 tons. The launch
viii probably DO made on Saturday,