Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1892-04-21

Il
Company's Plans Effective = Another
The Industrial Improvement Company
met at Builders Exchange rooms, Monday
evening, and in the most creditablt
manner accomplished the work of obtain
ing guarantees for the remaining $1,000 oil
the $1,000 to be subscribed before any
| forward movement of the intentions of the
company could be undertaken.
A little after s o'clock motion was
made that Daniel W. Taylor take the chair
and that Arson A. Maher act as secretary
Other gentleman present were A. D.
Warner, Bishop Coleman. Joseph Hill,
William l.awton, Mark NJ. Cleaver. j.
Parke Postles. A. S. Reed, w. D. Mullen,
g, l.. simmons, Wilmer Palmer, George f.
Weldin, William II. Smalley, Jr.. Thomas
Comfy William IL. Foulk.
On the call FROM Chairman Taylor,
William Lawton reported that there was
yet 81, 900 lacking of the sum needed and
that nothing can be done until the full
sum of $4,000 is subscribed.
On invitation from Mr.. Taylor for re.
marks from those present Mr.. Hill (of
Crosby IL HID replied:
THE best remark can make is that I'll
subscribe for ten more shares"
Nobody seemed to follow suit when
chairman said he did not see why the cit.
zens at the last meeting did not say to the
committee right away, gentlemen, we
will furnish you with the means. Go
right on with what you propose" 1t is not
very tiatlering for the record of such a
rich city as this that we are at stand-still
for such a sum.
Mr.. Lawton--"There seems to be an i'm
preston abroad that the committee will
fIitter away the money in driving and
dining around. II is untrue. Should one
hear of any firm DESTROYS of moving il
would perhaps be right to go and investi-
gate to see if We could secure them for Will
mington."
Chairman-"Any man who would cast
such remarks about our committee is Just
such man us would not subscribe a
nickel himself to bring new enterprises Ia
Wilmington.
Mr.. Lawton understood the Trenton Wis
itor wanted to locate his plant along the
Delaware river, not necessarily in the city,
perhaps outside the limits.
The chairman-"Are we going to let this
matter drop for the lack of 81, 000?"
Mr.. Cleaver-"We have said about all
we can upon the matter"
Mr.. Warner-"lt seems to me that there
should be nothing in the way of our going
on with the sum we have i'll hand. For ali
practical purposes at this moment SO. 900 is
as good as $4,000. of course we are pre-
clnded from making any investment in
new enterprises, but for lesser details, for
advertising and for Investigating purposes
we might go ahead. If we could get con-
sent of the subscribers to appropriate saw
500, $500 or $500 for current needs We
might apply it now. The Paterson, N. j.,
concern wants to move. Part of the estab.
lishment may locate at Baltimore and
another part here. There are some bust
ness that would come here for the induce
ment of land alone. / make this only as
a suggestion"
A. 5. Reed-"That is very well so tar.
We started out to obtain $1,000 with the
hopes of getting $4,000. If the citizens Of
Wilmington are not interested enough /
don't see why we should worry ourselves
sick over the matter. l talked with num-
bers who thought il very good thing but
notice all the same they would give no
money!
Mr.. Lawton--'I think il would be right
to go on, with the permission of the sub
scribers, and help. in setting up small prac-
tcal businesses My idea was light EMPLOY
ment for females, l am not for giving |
would first rather increase my subscrip-
ton"
The chairman preferred the idea of send
ing committee to Philadelphia to investi-
gate for new enterprises. He thought that
plan more fruitful than advertising. Mr..
Taylor referred to certain communica-
ton he held in his pocket. No money is
wanted. Only two or three leading citi-
zens to qualify with the business so us to
localize it more. Mr.. Warner was anxious
to start matters as quickly as possible.
Mr.. Taylor thought that every subscriber
in the room would consent TO 80 per cent
of his stock being used for that purpose
now.
W. B. Clerk had the impression that the
committee had power to act now.
Mr.. Warner considered very necessary
matter was that of getting up proper litera-
ture for inquirers. A sum Of sol 10 $50 is
needed to prepare full statistics of the city.
There was difference of opinion in the
meeting as to whether call could be made
before The full sum of $4,000 had been
guaranteed.
Secretary Maher made a motion of ad.
Iournment to Friday in order that notice
of call in shares may be made meantime.
The statement was made that only 30 of
our prominent citizens had been called
upon to subscribe to the stock of the In
dustrlal Improvement Company.
Bishop Coleman referred pleasantly to
the point that although he did not call
himself exactly a business man lie had
sufficient interest in the business on hand
to induce him to attend the meeting.
Talking of strikes among tradesmen the
bishop stated he knew a Wilmington
clergyman who had worked q hours out
of the past "A and was now ready again for
duty. lie would suggest text for his
talk. 1t would contain two words
courage and encourage" We should
have courage ourselves and learn to en-
courage others. lie knew of the dis
couragemcnts the committee experienced.
nd ....A
dain. But in all the obstacles we ought
first, to- have courage ourselves. The
speaker believed i'll aggressive work and he
believed in Wilmington.
81 should oppose this idea of adjourn
ment,n Bishop Coleman continued. II
should prefer to have this meeting go be-
fore the public as having accomplished the
work it undertook tonight
The speaker closed with stating he would
increase his subscription % per cent.
Lawton-"I wish to say that Bishop
Coleman was the first person to subscribe
to the stock"
THE STOCK SUBSCRIBED.
Mr.. Maher--"I will guarantee to get 80
shares more"
Mr.. Weldin-"I will subscribe 10 more
shares"
Mr.. Warner-"I suggest that 10 of us
guarantee to obtain 20 more shares eachn
Inc luea proposed by MIR. Warner took
and the following persons
Joined in the guarantee: Mark NJ. Cleaver,
A. y. Warner, A. s. Reed, w. Il. Clerk, W.
D. Mullen, G. l.. Simmons, Daniel w.
Taylor, William Lawton Arson A. Maher.
Mr.. Maher then Withdrew his motion.
Mr.. Cleaver reported that all but nine of
the necessary subscriptions to the North
.indican RcpietU had been received bv
which Wilmington will receive two pages
of advertising in that monthly. Other sub
were received last night.
An agent for illustrating cities was intro
duced and showed his features to the mem