The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1898-01-19
NUMBER 40.
CITIZENS MEET.
New Glass House Project Discussed
and Action Taken.
COMMITTEE APPOINTED TO SOLICIT

COMMIT TEE APPOINTED TO SOLICIT
Subscriptions What the New Factory is anc
What il Will do for the Town--Some Inter-
estng History About the Seneca and B. & |,
People Determined to Have the New Indus
try--Means Others If Landed and Grea
Era Of Prosperity for the Cib--Detas Of the
Plan and the Full Proceedings Of the Meeting,
The meeting of the business men
to consider the matter of the new
glass house was not very large but
the gentlemen present were greatly
in earnest and the plant will be
landed if efforts of the most deter
mined character will do the trick.
The meeting was held in the Office
of the Union Improvement company
and the discussion was at first in
formal.
The letter from the parties who
want to locate here with a new glass
house guaranteed to employ from
l25 to $50 men to start ON and in
crease the roll as the trade iustifies
it. They will have a pay roll OF
about six thousand dollars month
and want a free site and $4,000,
The parties are perfectly responsi-
BILE and are to be relied upon in ev-
cry respect.
After the letter was read the work
of the b. & l. company since its in
ception was reviewed. The figures
showed that the company had not
received a cent as dividends or in
the way of interest on its capital
stock since it started 1t had ex-
pended in various ways for the inn
provement of the addition and in
bonuses the sum of $4,000 begin
ming with a capital stock of $4,000.
They have disposed of about 3-5 of
their lots and have less than 2-5 to
make their money back on. In spite
of this liberality and the fact that
they have done all that can be asked
of them they are willing to give the
site and half of the required bonus.
The business men of the town who
will get the greater part of the mon
ey brought here by the new institu-
ton are asked to raise the sum of
five thousand dollars. That they will
do it is the only view of the matter
that can be taken with credit 20 the
enterprise of the town.
Mr. Sturgiss then read form of
subscription to be circulated and ex-
planned its details.
The contract was as follows;
"We agree to pay the sums annex
ed TO our respective names to the
Morgantown Building and Invest
ment Company to be given in aid
OF the proposed new Glass Works,
as set forth in the proposition of W.
H. Bush and others, dated 9th Jan
uarv, 1898, upon the following con-
ditions The Morgantown Building
and Investment Company shall do
nate an amount Of money in addition
10 the amount Of these subscriptions
so that there shall be available for
aiding said glass works, sum doub-
lie the amount OF these subscriptions,
and said Morgantown Building and
Investment Company shah donate a
site for said works, in the limits of
Beechurst. and shall kv a proper
contract with said Bush and others
protect its interests and that of
those subscribers as carefully as
was done with the Seneca Glass
Company; these subscriptions shall
be paid in four monthly installments,
upon the call Of the said Morgantown
Building and Investment Company,
but these subscriptions shall not be
binding unless sum be raised suf-
iicient to secure the erection and
operation of said works with at
least l25 persons in continuous EN-
ployment for one year, guaranteed
by proper contract between said
Morgantown Building and In
vestment Company and said Bush
and others"
In the discussion that followed it
was brought out that the factory
would be on Beechurst near the
planning mill. The payments Of the
subscriptions are t be made month
ly.
The coming of the new plant
means really more than the addition
of one plant to the list of industries
we now have. The two factories will
make barrel or box factory ne
cessity and that in turn will bring a
machine shop or other similar insti-
tuition.
The Seneca was an experiment.
How well that succeeded needs not
to be told to the residents. The
new factory will be a success
from the start as the market is ready
for its product. The citizens who
subscribe will be allowed to take a
similar amount of stock in the con-
Germ if they so desire and it will be
a profitable investment. The B. ~
l. company find it impossible to
raise the whole amount necessary to
get it but they will do the very best
they can.
Mr.. w. H. Bannister having come
into the meeting he was called on to
make few remarks about the pro-
prosed plant and his talk was very
well received He began by saying
that it was proposed to build anoth-
er plant as good as the Seneca but
that it couldn't start as big as that
plant. At one time Warrington had
offered $4,000 and free site but
the negotiations had fallen through
for some reason.
The plant will be good thing for
the Seneca ana will increase the out