The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-20
OUT FOR INSCRIPTIONS.
The Spring Festival Committee 10
Cover the Field To-day.

Cover the Field To-day.
The members of the committee on sub
scriptions for the spring festival and mil
itary celebration. composed of Capt. W.
W. Williamson. Messrs. B. H. Levy, j.
NJ. Dixon. A. r. Fawcett, J. A. G. Carson,
". J. Lindsay and W. j. Watson. held a
meeting at the De Soto hotel yesterday
for the purpose of arranging the work be-
fore them.
Three committees were appointed, and
they win go around the city to-day and
tomorrow morning for the purpose of Sc
curing additional subscriptions to the
stock of the proposed association. The
committee expects to be ready to make
a report to the general meeting on Fri
day afternoon.
There has already been subscribed about
5000. and it Is desired to secure $4,000 by
tomorrow. No canvass has been made
so far, and the subscriptions given in have
practically been voluntary. As soon as
the association has been organized several
travelling men will be secured to go around
the country and show what sort of en-
tertainment Savannah proposes to give,
and to secure military companies and sim
liar organizations to come here for that
occasion.
Among others the rife teams of Wash
ington. d. c., New Jersey, Chicago, and
New York's Seventh regiment have prac-
tically agreed 10 come and efforts are
now being made to get Pennsylvania's and
Massachusetts rife teams. Two hand
some trophies have been offered for com
petition in these matches. and they will
be ordered just as soon as it is definitely
decided to have the festival.
For the benefit of those who may take
an interest in the success of the coming
festival for the business interests and
prosperity Of savannah, the following
statement, which heads the subscriptions
lists, in the hands of the committees, is
given herewith:
Whereas, a corporation is about to be
formed in this city for the purpose of CIV
ing. annually, a spring festival; said cor
poration to be called
CThe name to be agreed upon at a meet
ing of subscribers, to be held on Friday,
the 2lst of February, or as soon thereafter
as practicable. and then to be filled in
aOoYe). The capital stock of which cor
poratiOn shall be not less than S11,O00 and
not more than $25 900 at the time of or
ganizatiOn, TO be divided into shares Of
500 each; the object of which corporation
viii be to give an annual celebration each
spring., and offer suitable money prizes
for competitive drills, rifle contests, shot
gun tournaments, and band contests, with
fireworks and other amusementS; the OBJ
tise Savannah; said corporation to be
controlled by board of directors, elected
by the stockholders, and it shall be one
of its chief efforts to keep the capital in
vested intact, endeavoring to derive from
gate receipts. sales of privileges, and en-
trance fees, an. amount equal to the ex-
penses incurred, and should ii accumu-
late a surplus, the board may declare a
dividend, If deemed advisable;
Now then, in order to carry out the
above, it being TO the mutual and recipro-
cal advantage of the undersigned, re-
spectively, we hereby, each for ourselves,
subscribe to the capital stock of said cor
poration, in the amounts set opposite to
our names below, and agree, each with
the Others that we will pay in the same
to the committee on subscriptions, until
the company Is organized and thereafter,
to the duly authorized officer of said cor
poration, to-wit: Twenty-Five per cent. on
or before the 18th of March. 1896; % per
cent. on or before the 18th of April, 1896,
and the remaining 90 per cent, or so
much thereof as may be needed. in the
discretion Of the board of directors of said
corporation, whenever called in by said
board, at any time, during the month of
May 1895, or thereafter.