The Savannah morning news., 1903-07-16
HOTEL ON THE SALTS
CHAMBER OF COMMERCE WANTS
ONE AT THUNDERBOLT.
TOURISTS AND CITIZENS
WOULD CREATE A PATRONAGE
FOR 1T SUMMER AND WINTER.

would Help ThunderbOlt Become
Tourist Point With Material Bene-
fit to ACKNOWLEDGEMENTS of
Commerce and Trade Endorsed
Bill to Regulate Sale of stocks of
Goods, Etc.-ActiOn Taken by Re-
quest of Local observation-disclosures
Iions VIII Be Passed COndemninE
Effort to Tax Cash Surrender VAL
mes of Life Insurance Policies.
A hotel for Thunderbolt was discuss
ed before the Commerce and Trade
Committee of the Chamber of Com
merce last night. Many of the men,
bers thought it would be an excellent
thing for tourists in the winter, and for
Savannahians and other Georgians In
summer and that it would prove so
valuable an investment that the Sa-
vannah Electric Company might be in
duced to build it.
Mr.. H. H Livingston said he had
approached the officers of the company
with the suggestion, and they did not
think well of it. Some of the mem
bers of the committee are still of the
opinion, though, that a hotel could be
built at the resort at a cost of say,
$50 600, and, if put in the charge of one
experienced caterer. such a one as has
already assisted in achieving Thunder
bolts reputation, it would prove a pay
ing investment even though it have
only local patronage and support.
1t is probable that the matter will be
fruit ha~ Il To- Ix se-
believed that Thunderbolt can be de-
veloDed into a winter resort that will
attract enough tourists to enable Sa-
vannah to secure the tourists rates for
which it has been trying since the or
ganization of the Chamber of Com
merce.
To Regulate sales.
Another matter that came before the
meeting was the request from some of
the merchants that The Chamber of
Commerce lend it's aid in having dill
passed by the Legislature to
regulate the sale of stocks of goods,
wares and merchandise in bulk, to pro-
vide penalties in connection herewith
and for other purposes
Briefly, the bill provides that the
vendor of the stock of goods, etc, shall
deliver, before the sale is closed a writ
ten statement, duly sworn to, to the
DuyeT, IOSetner with the amount OF
the Indebtedness due or owing or to
become due or owing, as well as a
statement of his assets and liabilities
and the cost price of the merchandise
to be sold
1t will then be the duty of the pur-
chaser, at least five days before the
completion of the purchase, to notify
each of the creditors of the proposed
sale. the price to be paid, and the con-
ditfons of the sale, and to furnish each
of the creditors a statement of the as
sets and liabilities as furnished him by
the vendor.
The Chamber of Commerce was
urged by the Savannah Grocery Com
pany, l. Epstein & Bro, and Meinhard,
Schaul Co. to indorse the bill. The
Commerce and Trade Committee will
recomemnd that it be passed.
Life Insurance Tax Bill.
Another matter to come before the
committee at it's next meeting will be
that of the bill taxing the cash sur
render values of life insurance poll
cies. The members of the committee
expressed themselves as being strong
ly opposed to such a measure, and,
for that matter. the measure seems to
meet the general disapprobation of all
| interested persons for a petition ask
ing the representatives and the sena-
tor from this district to work against
such a measure is now being circu-
lated and very generally signed.