The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-07-26
BOARD OF TRADE BUILDING
Stockholders Who Have Subscribed to
Erect Il Organized Yesterday.
IT WILL BE TEN STORIES HIGH
Site VIII 30 at Linden Street ana Dix
Court Opposite tho Court House
and WIN Cost SisO.OOO-w
WIN Begin Within Month.

| M. StateS, III. ~. ID Ihahu' ~ W.
J. w. Guernsey. G. II. Clark. AHreS
Harvey. s. N. Calender. J. ID. Wiliiams
Attorney A. d. Dean and c. Parker
| Davidson, had just purchased the site
| Is by leO feet, ON the northwestern
corner Of Linden street and DIX court
opposite the court house. for $4,000.
Mr., Davidson was delegated by them
| To appear before the board or trade
with the proposition that structure
eight or ten stories high' be punt On
the lot, the money TO build II 20 pe
raised by stock subscriptions. ana W
the end of five years the board OF trade
might buy the entire property. payins
| for Il only the actual cost OF the io'
and building with per cent. interest
To take steps in regard to this matter
the meeting Of the board was called ana
resulted In considering II a very feisi-
BILE scheme. The following agreement
was adopted unanimously by the board
and 1t was left for Mr.. Davidson to
raise the money by subscriptions:
Articles Of Agreement.
First.-Said building shall be known
and plainly marked In stone or iron
letters, prominently located, "The
Board of Trade Building" or words to
that effect.
Second.-The plans therefor shall be
approved by the building committee OF
the board OF trade before any contracts
are made or instalments collected on the
stock, except the first payment OF IL
per cent.
Third-For five years from compile
-1.a ho
tion TO portion OF the building shail ps
rented to tenants except py app,V.a'
Oh sa.u So";rl,..'eu @ t', ~ nra,. q Stor;ss ara IA
o, e., ~. axrusiva nee Of the
hoard at an annual rental funtil option
to purchase stock be exercised) to be
agreed upon by the building committee
of the board and the president oh '"e
corporation 70 pc 0rgahlzeo. ...or
-. ,onth intsres, at
.nan M 10 PEI -. ~ uo,vad an ali ADVANCES
Sas,,ar rta ~ * ner cent, per month.
Ssxth.-Within one year from the COM
pletion or gen scal loccupattono Of the build
ing, the stock may be purchased by the
board Of trade for it's own purposes ana
control for the amount actua'iy pau w
wth tn,erest .neLeupot ,.u" 60. q" sars thers'
esu @ -. S.'iy u ',n ,,sr osn, interest nd upon
std n,rrhasa the title shall be trans
yerrei TO the properly constituted Off
GERS of said board. subject to any bonded
or other Indebtedness that may De
thereon. A clause 10 the aooVe enee,
shall be inserted IN al se'cN feee'p'' ''s'
cectmlcats >,o s,,,scr,r.ion bareto Is
,,,,s,ra ,,n,a, s,oo oO, In bona fide sub
william Couuc,rs Amendment.
po,oro ,ha rsno,t was adon,ed CLAUSE
80 oh, rs,ad hv an amendment
- h,, yvirlia y, conna,I that the board
-h,I, oc,,,,n,, onI,, s,,ch snace of the two
- stor,ss 40 tbav decide unon- the
ir, 90 ha "a rsr cont less than the
80. a r,o,r. ~ sraca In other portions
-, ,b, b,,,dirp
Tine no. va Inc ~ eacb share was fixed
o. s,O md Mr. Davidson assumed the
resnon.ibjI,tv or raising the amount of
,,onev racessa rv 10 erect the building.
rrha ;ollowiny gentlemen comnrise tine
I,st ~ s,ocl amounting to the sum re-
n,,ires moo o0o and n shows them 40 be
Representatives men in business: c.
m. IL u, 10
w cuernsav Dr T. NJ Gates ATTORNEY
n nan Attorney 7 W Oakford
- walt -. q. pro NJ Calender
...orn.,. e n S,rre,es Conrsd schroe.
~ T,;,,,- 80, Go. % C,art
Ions. ,p,a w pack % p Atherton.
Con.otn W Msv s,enhen Jones
Sol.mai - >so1,,nhsn - n watkins c
~ - ssH. = yp,,,,o s = psck
- ~ ~ NJ IohnT porter r r,
J"S', % 80, o. e. naraaI w,lI.
. @ - 1r | sau,. A,tornav p A z,m.
H'nls ~ ~. "a ...an,a', - raorne NJ Wat.on
H.e. E,,o'.. W. - 800 shaor q.
,e-oI, II,n,,a,, C.oroa n Dav,d.
So r,,,,a- ond Er,nk rorlucc,
S,r, IL w. .'.,,s,.~. ~ - .,,i,, iii -. ~ = 80, r;hhad
,-a Mite h,ock STRUCTURE most Iikelv ten
stories high. It will be on one Of the