Daily new dominion. [volume] (Morgantown, W. Va.) 1897-1906, 1898-01-12
CITIZENS MEET.
New Glass House Project Discussed
and Action Taken.
COMMITTEE APPOINTED TO SOLICIT


What it viii do for the Town. Some Inter-
esting History About the Seneca and B. & l..
People Determined to Have the New Indus
try--Means Others if Landed and a Great
Era of Prosperity for the Ciy--Details of the
Plan and the Full Proceedings of the Meeting.
Adjourned to Meet Thursday Night at Mu-
nieipal Hail.
The meeting of the b usiness men
to consider the matter 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 mosts 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 new glass
house guaranteeing to employ from
125 to $50 men to start on and in
crease the roll as the trade justifies
it. They will have a pay roll Of
about six thousand dollars month
and want free site and $4,000.
The parties are perfectly responsi
bic and are to be relied upon in ev-
cry respect.
After the letter was read the work
of the B. Il l. company since it's in
ception was reviewed. The figures
showed that the company had not
received cent as dividends or in
the way of interest on it's capital
stock since it started. 1t had ex-
pended in various ways for the i'm
proyement of the addition and in
bonuses the sum of $4,000 begin
ming with a capital stock of 500, 600.
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 md 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
ely 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 to 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
uary, 1898, upon the following con-
ditions. The Morgantown Building
and Investment Company shall do
nate an amount of money in addition
to the amount of these subscriptions
so that there shall be available for
aiding said glass works, a sum doub-
lie the amount of these subscriptions,
and said Morgantown Building and
Investment Company shall donate a
site for said works, in the limits of
Beechurst, and shall by 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-
ficient to secure the erection and
operation of said works with at
least 125 persons in continuous EN-
ployment fer one year, guaranteed
by proper contract between said
Morgantown Building and In
yestment 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 to be made month
~.
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 hoy factory n me-