San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1896-01-19
SHOE FACTORY ASSURED
ALL THE BUILDING LOTS TAKEN
BY PROGRESSIVE CITIZENS.
Cash Bond of $4,000 Deposited by Mr..
McGenness and the Factory Building
Will Be Erected as Soon as the
Club Charter Is Secured.

Business Mems club yesterday af-
ternoon and observed the interest
ing sight of room full of our best
business men earnestly and en-
Enthusiastically discussing the de-
tails of the contract with the shoe
factory people and the land owners
interested. After the details of
committee appointments by the
president, and some minor affairs,
among which was the resignation
of A. Joske, unanimously accept
ed), were disposed of, the incorpo-
ration committee, consisting of
Judge Keller, President Brown
and Secretary Irvine, reported
proposed charter, and it was unan-
mously accepted and at once exc
cuted and ordered sent to
the secretary of state for
record. While this business was
progressing j. T. Burnett and Secre-
tary Irvine were alternately busted
answering telephone calls from
citizens who desired to be sin at
the birth" and many said they
would take one lot II needed. AS
many as fifteen offers Of this sort
were received, but the list was full
and the investment was lost to the
proposer as well as the honor
and satisfaction of being in the
cad OF enterprise and public spirit.
Cash was also offered by telephone
and several hundred dollars were
given as bonus during the session.
These offers of cash came in handy
for the number of lots was INSULT
cient to meet the requirements of
cash in building which will over
run the original estimate several
hundred dollas.
On motion of Mr.. Chamberlain
the details OF bond and contract of
Mr.. McGenness were left TO COM
mittee, whereupon Mr.. McGeuness
proposed that If it met with the
sanction of the club he preferred to
deposit with the committee cash to
the amount Of $4,000 IN lieu of
bond to guarantee the removal Of
his factory as proposed. This offer
rather took the breath away from
some of the over-cautious business
men, and Mr.. McGenness remarked
that he was stranger to the board,
but hoped they would at least be-
lieve they had the money upon re-
ceiving it, and not require him to
prove it was money. This remark
seemed to bring home to the board
q realization of the difference be-
tween the confidence reposed in
them by a stranger and that given
him by them. 1t was then moved
that the board assure Mr.. McGen-
ness that they would, as soon as
incorporated, enter into a contract
with him, guaranteeing to have his
building resdy within sixty days
from date of contract, at which
time he will contract to have the
factory in operation within thirty
days from receipt Of notice that the
building is ready for his occu-
pancy.
A building committee was then
appointed to take bids for the
building and to plat the land
agreeably to the subscription con-
tract, into lots as could be made
from the donation of Messrs. Fraw-
ley and Boggs. The committee
consists of George @. EIchlitz, E. B.
Chandler and John Adger.
At the meeting it was stated by
Judge Keller that satisfactory se-
curity had been given by the land
owners to Mr.. McGenness, guaran-
teeing conveyance Of the land as
agreed within thirty days.
Mr.. McGenness left for the north
on the 1. & G.. N. night train to SUI
perintend the packing and ship
ment OF his machinery and expects
to arrive here again in time to meet
the board on next Saturday to re-
ceive their corporate guarantee.
His machinery and effects will ar
rive soon after and be stored
here, waiting the readiness
of the building to receive
them, and in the meantime that
portion OF San Antonio in which
U06 IdCIOTy Is W D6, Will w W hO-
sure of all eyes and the example to
other sections of the city, OF the
difference between life and death.
The people down there are happy
and all over the city men are
plucking up courage, who have
long despaired Of our industrial
and general progress. One lady
sat till dark in her buggy waiting
in front of the club room to
hear the good news, and her anx-
ious face was wreathed in a smile
that spread like a contagion to all
the citizens who are able to appre-
clate matters of broad interest to
the city. For an hour telephone
calls came in from all directions
asking the fate of the project and
the echo to the response in every
case was "good that's good J" Such
news is good reading for Sunday,
and leads to greater appreciation of
/ l. al