Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1902-05-30
THAT BANQUET.
The Olympia Development Company Holds
Its First Social Function.

The Olympia Development Company
gave banquet at the Olympia hotel
Tuesday night, at which 80 representa-
/ tive citizens sat down to an elegant
collation.. We have it, on the word OF
/ oily, that otiicialdom, the business
interests and the press were all well
represented" which would seem to
constitute all the esse initial elements
for a very successful meeting.
Mr.. Chaplin, the main "push' OF
the Development Company, in re-
Spouse to toast, outlined the object
and plans of the organization. The
origin, and still the more central idea
of the Company was the founding of
tirst-class University, but the object
has expanded into an endeavor to build
up all sorts of tributary industrial
enterprises. The capital stock of the
company is 100000, two.thirds of
which is paid up, and invested in
realty or held for promotion of its
plans. The sum of $4,000 has been
paid in redemption of delinquent
taxes on property bought. Five
thousand acres OF land on the west
shores Of our harbOr have been bought
and ten miles OF waterfront extending
around Buffers Cove into Budd's Inlet
and towards Oyster Bay, secured for
promotion of its objects.
The Development Company is pre-.
pared to give rates far locations for all
sorts OF industries, and are advertising
that fact in prominent Eastern papers.
Already location for shipyard and
for coal. bunkers have been engaged,
and much ground is broken for fur
Their and speedy development.
The toastmaster for the occasion
was Phil Skillman, better known as
Kettle kettleson, whose somewhat
perfunctory duty was enlivened by the
become SO noted.
The speaker who followed Mr.. Chap
lin, were Gov. Mcbride, who was as.
signed as text State Advance
ment"; J. OBJ. Scobey who spoke on
Progress of the Republic; Judge
Linn who told what he knew about
"Thurston County; P. d. Moore.
who ably portrayed the advantages of
Olympia for business or home-life. and
admonished our citizens to uphold
the new coming among us to build up
the community. Allen Weir spoke in
behalf Of the Chamber of Commerce
as an aid to development, and Mr..
Madge Supported by B. NJ. Price and
NJ. ID. AhbotU very ably represented
The Press"
J. II. Schively Qrom Oly's esti-
mate) made the speech of the evening.
in which he stated that the Olympia
Development Co. had passed through
two OF the three stages that exist in the
lives OF all great enterprises-the first.
suspense and the second expense. had
been met and safely passed, and the
third, recompense, was plainly in
sight.
Mr.. Weddell, visiting member OF
the Olympia Development Company
was called upon by the POSTMASTER,
for an expression Of opinion as to
western enterprise and thrift. He
complimented the city on its courage
and determination in establishing
street grades and declared it to be far
in advance of many other cities of its
class. He said that we have at hand
excellent material for concrete and
gravel work, that will enable our peo-
pie, when the time comes for paving,
to place it at cost of from $l.l0 to
$1.15 per square yard. which costs in
the East $l.5O He thought that
Olympia could be made one Of the
prettiest cities on earth, and that
would be one OF the great objects his
company would endeavor to promote.