Birmingham state herald., 1896-03-14
AG|TAT|NG AN AUDITORIUM Site to Be Selected by the Board
 of Directors. MOVE THAT MEANT BUSINESS Two Propositions Submitted and Discussed, and Now the Enterprise Looks as
 Though It Will Win.

The adjourned meeting of the stock holders of the Auditorium company which was called for.last night in the Commercial club rooms, was largely at tended.
 Chairman J. A. VanHoose shortly after 8 o'clock, called the meeting to order. He stated that the object of the meeting was to transact unfinished business of the previous meeting.
 Secretary J. B. McClary called the roll of stockholders and found sixty-eight shares of the ninety-one subscribed either present or represented by proxies. Of the latter there were twenty-five shares.
 Mir. Robert Jemson moved that the rules of the previous meeting relative to proxies hold good at this meeting. Agreed to-
 MT. John ONeill moved that the meet ing proceed to consideration of propos1- tionS for a site. Carried.
 Secretary McClary then read the fol- lowing propoSitions
 Birmingham, March 13. 1895. The Auditorium Company, Birmingham,
 Ala
 Gentlemen: If you will purchase the lot on the corner of Twenty fourth street and Second avenue, known as-Mrs. O. B. Clarke's lot, and build the auditorium on 1t l will furnish the common building lumber including flooring and ceiling (not to exceed 200, GOO feeD, free of charge on board cars at Chapman, Ala. Yours truly, W. T. SMITH.
 Birmingham, Ala, March 13. The Auditorium Company Birmingham,
 Ala
 Gentlemen: If you will put the capital stock of the Auditorium company at $20 0O0 and build it on my lot on Second avenue and Twenty-fourth street l will sell the lot and enough common lumber to put up the building, including flooring and ceiling (not to exceed 100000 feet, loaded on cars at Chapman, Ala, for one-half of the capital stock, with the understanding that my stock shall be voted by the other stockholders in pro- portion to the amount of stock each stockholder shall own, and also that my share of the profits shall be divided among the other stockholders for ten years, but the capital stock shall not be increased nor debt put upon the com pany without my permission in writing:
 Further, I will give the other stock holders the option at any time within five years from the above date to pur- chase my stock at the face value of same. Yours truly, w. T. SMITH.
 MT. Smith who was present, stated after the reading of his propositions, that he wished to be recorded as in favor Of any action of the meeting whether his propositions were accepted or not, and that he would not kick out of the harness.
 MT. B Steiner moved that propositions Nos 16 and IS be accepted.
 Proposition No. 16 was known as the Mrs Clarke proposition; that Is, to sell her lot at $550O. n,
 Major Anderson stated that it was well known that many subscribers to the 1uno left the last meeting saying they would not come back He was sorry to see tniS, as he wanted harmony. He was or the opinion that the proper procedure was to leave the matter of location to the di- rectors. He therefore moved that the matter of selection of a site be left to the board of directors. This was substitute for MT. Steiner's motion. Major Ander- son further stated that the Auditorium company was not in legal. position to take definite action, as it had no charter.
 A call was made for the list or direc- tors. and Major w. J. Milner called them off and Mir Steiner checked him. The list as read by Major Miner was found correct and a majority were present.
 Mr. Robert Jemison then referred to the previous meeting and said some thing relative to a loaded gun" rms called forth considerable debate and af- forded much merriment. Messrs. w. A. Walker, M. V. Joseph T. H. Motion, Robert H. Pearson, B. Steiner, J. w. Tomlinson, John w. O'Neill and others spoke on the subject Some denied the ''loaded gum expression and others spoke of. the propositions rom the east and west sides of Nineteenth street re- spectiyely It seemed for time as IT the discussion would cause terminal tion of the meeting similar to that of the last one, but MT. Ross c. Smith, af- ter hearing the discussion, solved the problem. ent. have not had the pleasure of meet ing with you and entering into discus sion of the matter of securing a loca- tion. I am anxious to see all of the members on a parity. To solve the mat ter I move that the directors select site and report their action to a meeting of the stockholders. I make this motion because the matter of a site Is imma- terial to me- I am willing for the di- rectors to have the whole matter in their hands. But as this might be objected to I offer the above motion as sub stitute to all previous notions
 Mir Steiner withdrew his motion, as did also Major Anderson, and MT. Smiths motion met with unanimous in- dorsen1ent and was so ordered.
 The meeting then adjourned until next Thursday night
 Mrs E. Klarenaar, representing War ner Bros coraline boned corsets, Is at 5O2 Nineteenth street for this month only. Send her your name and address. She will call upon you and assist you in se- lecting a perfect fitting corset. 3-11-6t
 Jefferson County Teachers,
 The Jefferson County Teachers insti tute. winch opened Thursday night at Pratt City, will continue today and to- morrow It promises to be an unusually interesting session of the body
 The institute was opened Thursday with prayer by Rev $. R. Emerson. 4rs.
 Rev M. M. Wood, in behalf nf board of education, congra tulateo stitute upon its remarkable growt n her fvo tp nf l0