The Montgomery advertiser., 1903-06-16
WILL SELL CITY LOT COUNCIL DIVIDES ON SALE OF
 MAGAZINE PROPERTY. After Spirited Debate Majority Re- port Authorizing Sale to E. R. Stewart of Selma For $2,5O0
 Was Adopted.

The City Council last night by a vote agreed to sell the old Magazine lot in North Montgomery near the river to Enos K. stuart of Selma, for S2,5O0.
 The resolution agreeing to the sale made 1t conditional that manufacturing plant costing not less than $lo,OOO should pc erected on the lot.
 The proposition to sell the lot at g 500 With the attached condition did not meet the unanimous approval of the Council. sharp debate attended its considera- ton ana the majority report was finally adopted by a vote of to 5. The plea that Montgomery needed manufacturing enterprises more than anything else fin- ally won out and those who declared that the pflce Tor the lot was too small were voted down.
 The matter came before the Council in the report of the select committee ap- pointed to consider the proposition of zine lot tor 5000. The majority report declared that IT. was advisable to sell the lot for $500, provided the purchaser should estabilsh on 1t a plant to cost nor less than Slo.0Ov. The committee said that 1t was largely influenced by the hope of securing new manufacturing enterprise for Montgomery. The majority report was signed by Aldermen kohn Roeder and Rushton.
 The minority report declared that it was inadyisable to dispose of the prop. | erty at this time Ind that in the opinion Of the signers g, 300 was too small a price | for the lot. The signers of the minority | Eep)rt were Aldermen Fleming and An de-son.
 In supporting the majority report Al. derman kohn called attention to the con dition which called for the erection of the Slo'Co manufacturing plant. A great deal hs said. had been recently said as to the | need for securing additional manufactur. ing enterprises for Montgomery. It occurred to the aldermen who had signed the report, he said. that this was good opportunity for securing a new l plant for Montgomery. The property he said. was partly level. but part of t would have to be filled in. He consid. ed S2,5OO a fair price for the lot Alderman Anderson who signed the minority report declared in his opinion $25OO was too small a price for the lot He thought 1t was worth $1O.00O.
 Alderman Roeder who supported the majority report said that lot about the same size and in the same neighborhood of the city's lot had been sold recently for $. 400 Many advantages, he said would accrue to the city by the sale oi the lot. It would be, he said, wise smaller figure than its real value, if 6 plant was erected there which would em. ploy many men and which would pay licenses and taxes to the city. Alderman Fleming said that while thu lot was not level the pf1ce. $2,5OO wal too small The city ought to get nor, money for 1t, he said. If the city should sell 1t for $2.5OO. Mir. Fleming said, thu money would soon be gone. The city ought to hold on the to the land. MT Fleming declared.
 T canot let go unchallenged." said MT Kohn, 'the statement that the lot 1: worth $l0O00. The Alderman who saiC that did not know what he was tallxinl about"
 The Alderman does know what he 1. talking about" interrupted Alderman An derson. "I have a right to my opinion and 1 contend that he lot is worth Sl0, OOc."
 The Council voted not to adopt tn,
 minority report, two ayes; seven nays The majority report was adopted by th
 same proportionate vote.