Arizona republican., 1904-05-19

Iupon though only part of them have been seen. He expects today to get at feast ten of them which will make q ltotal list of J1O, from which the banks can select the seventy or eighty names ldesired and all will be gilt edged se- tcurity. Another thing should be noted l for it indicates that there is still a lit- tie money in the community that can | be dug up when ir is needed. That is lthat about a half dozen of the meE listed said they would not sign note for various reasons. Some do not like the idea and some were fearful that the banks might not take them as se ruritY. But each of them volunteered in lieu thereof to advance $500 in cash. Tie committee decided that their cash was just as good as their notes. One man said he would advance the money as business proposition so he would save the interest rather than pay it to the bank. These incidents are related more for the purpose of showing the right sort Of public spirit that pre- Vails than for any other reason.
 In the afternoon the committee held a conference with the attorneys O. the
 
 Phoenix National bank and the de- tails of the plan were worked out. The notes will all be made payable to B A. Fowler for the committee, will run for ninety days ard win oc by him en- dorsed and turned over to the bank as collateral. The banks will then cash all tie checks approved by the city council and charge six per cent inter- est for the use of the money thus ad- Vanccd. Mayor Bennett has given an opinion that the interest, which can not amount to much, may be paid from
 the proceeds of the sale Of the bonds
 so it will cost the guarantors nothing. As soon as the money for the bonds is received the notes will be taken up and returned to Mir. Fowler who will see i that each mans note is returned to him. A contract will be signed at once between the committee and the
 banks setting forth these provisions.
 that everything may be done in a bus mess like manner. Today the work oe
 preparing the notes will begin and sig natufes gill be secured as scon as pos sible. Tomorrow Mir. Fowler expects
 to be able to wire Engineer A. P. Davis at Denver and telephone Engineer L. C. Hill at Roosevelt that all arrange.
 ments have been perfected and they may proceed with road building and cheek drawing al their earliest conven- i fence. It is a subject of congratula- ton both for Mir. Fowler and the cit
 izens generally that so important d matter could be undertaken on Monday
 and its final success announced or Thursday morning. It shows a spirit
 that makes things move and demon- | strates that this community has learn cd the lesson of co-operation.
 Following is the full list of those who have consented to become guarantors: ! Walter Bennett. Walter Talbot, Charles 1 Goldman, Pratt Vehicle O.. Frank Alkire. P. T. Hurley, E. J. Ben nitt, L. J. Rice. l.. w. Ccggirs. Lin F. Orne, R. A. Fowler, J. C. Adams. H. R. Crouch, D. H. Burtis, D. Nicholson.
 T. w. Chamberlain, M. C. McDougaH i Eugene Brady O'Neill l. T. Stoddard. | T. J. Prescott, J. W Walker, ". A.
 Wilson. Dr. H. F. Stroud Arthur J.
 Edwards, H. B. Mann. II. l. Latham. 1 C. F.. DeMund. II. A. Diehl, ]. w. 1 Dorris, Dave Goldberg. Ben l.. Bear. | Ezra w. Thaycr, Barry Goldwater, C. i M. Sturgcs & Co, w. C. Foster Frank | Luke, l. NJ. Christy, Ed Eisele, Dr. Will | liam c. Lcntz, George AIkirc, C. D. | DtTrlS- H. Goodman, w. T. Smith, | Peter Mohn. pr. J. W. Floss. Dr. John | A. Lentz, R. Ii. Greene, Saunders & l Arthur. H. E. Kersting. H. g. Griswold
 J. A. Marshall, E. NJ. Dcpew, Emory l Rays, Alexander Rheinstein, H. w
 Heap, Webster Street, Coffee Al, C. B. l Goodeli, Dr. F. O. Richmond, H. C. 1 Yaeger, E. A. Spauding, Redewill Mu- | sic Co, S. F. Webb. R. Wilson. M. J. l Pettid, B. F. McFall, pr. R. w. Craig, | l. Diamond, J. Martin, s. J. Tribclet, 1 V. Porter, Chas. Donofrio, E. L. An | diews. The Curio. Akers & Tritle, F. H. l Winters, c. D. Burtis, Geo. F. Merry man. A. C. Hubbard pr. J. Wix
 Thomas. s. L. Easterling, F.. F. Pasco.
 Sims Ely A. H. Davidson, c. B. Wood.
 Valley Lumber Co, R. H. Woolf, A. A i Armstrong. F. w. Lewis, Gus Hifsch-
 field, F. H. Parker. Will Kay, C. Lau-
 yer. w l.. Pinney. Shirley Christy., Joe l EjGn11 n1 Do