The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-04-14
TEN BROECK'S OFFER
NEW PROPOSITION MADE THE FAIR
ASSOCIATION.
GIVES OPTION FOR PURCHASE.
TERMS UPON WHICH THE TRACT
MAY BE SECURED.

Al Lease for Five Years Is Named, and
Only State and County Taxes Upon
the Property for the First Three
Years TO be Paid by the Fair As
sOciation-RentaI Will Then BE
$500 a Year-When Lease Is De-
termined, All Buildings Save Those
Used Exclusively for Fair Purposes
VIII Become Property of the A. IL
VI. A. of Ga.
The Savannah Fair Association has been
made a new offer by the Agricultural
and Mechanical Association Of Georgia,
owning the Ten Brock tract, which Is
proposed as the site for the State Fair
grounds. The proposition will be made
known 10 the board of directors of the
Fair Association at its meeting Wednes-
day afternoon.
A meeting Of the Site Committee of the
Fair Association and the board of direc-
tors OF the Agricultural and Mechanical
Association was held yesterday morning.
all the members of the committee and all
the directors, except one, being present.
The meeting was held for the considera-
ton of the offer made the Fair Associa-
ton and to see If some modification could
be agreed upon, it having developed that
some of the directors of the Fair Asso-
citation thought that the terms upon
which the Ten Brock tract were offered
were not sufficiently liberal
An hour and a half was spent in the
s discussion of the question. The AgrcuI-
turaI and Mechanical Association had al
ready made two propositions to the Fair
Association, and it was thought TO be only
fair that the Site Committee should indi-
cate to the directors of the Agricultural
and Mechanical Association what il con-
sidered equitable terms. When this in
formation had been received, the follow
ing offer was drawn up and presented:
"A lease for five years from Aug. 2,
1901, the Savannah Fair Association to
pay the state and county taxes for the
first three years; for the succeeding two
years a rental of five hundred dollars
year. payable quarterly; and at the
termination of the lease the fence, grand
stand. judges stand, and stables and
buildings other than those used exclusive
ly for fair purposes, shall become the
property of the Agricultural and Mechani-
NdA EASSDNAdl4OA-
THAT the inn rNvements shall be kept
insured against nre, and storm IL posi-
bic; the insurance money arising from
any destruction of the same shall be used
10 replace said buildings.
THE directors of the Agricultural and
Mechanical Association will recommend
10 its stockholders to accept $4,000 for its
property at any time during the first
three years of this lease"
An option upon the Ten Brock proper
~ was particularly desired by the Site
Committee. The committee decided that
ii would be well to have the Fair Asso-
citation privileged to buy at a stipulated
price after it had improved the property.
The majority of the Fair directors have
favored the Ten Brock tract, provided
equitable terms could be arranged, and it
is expected that the amended offer will
result in accessions TO the strength of
the Ten Brock adherents when the board
again meets.
Considerable talk is heard of a meeting
of Fair stockholders to settle the ques-
ton of a site Some of the directors have
expressed themselves as perfectly willing
10 leave the matter to the stockholders.
Popular opinion is divided between the
Ten Brock and the Dale avenue tract
end one or the other will certainly be
selected, as Thunderbolt and other pro-
posed sites have been distanced