The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-02-17
WILL RAISE FUNDS
FOR NEW HOSPITAL 4
IMPORTANT MEETING OF CITI-
ZENS HELD AT ST. PETER.
Committee in Charge Of Project Decides
to Begin at Once Task of Securing
Necessary Funds for Institution
Stock to Be Sold for Development Of
Peat Industry and Big Plant Will 30
Built. Il.
Special to Tho Journal,

Special to The Journal, 100 &-@s
st. Peter, Mimi, Feb 17.--An enthusiastic
meeting of citizens was held at the public
library building last evening to further the
city. Addresses were made by several clergy
men and prominent business men, and the senti-
ment was all in favor Of beginning at once.
The general committee appointed some time
ago was authorized to start the canvass for
funds, and it will arrange to have its sub
committees start work Immediately. y
1t is estimated that the cost Of the hospital
will be between $4,000 and $4,000. This
expenditure will be made solely on the build
ing, as the city will be asked to donate a site
and the various church societies and lodges will
be expected to equip the operating room and
furnish the wards. Plans and specihca tons
which have been secured by the committee pro-
vide for structure 50 by "a feet, which will
be Of sufficient size to accommodate forty or
more patients. ~. .-s~r.. - - ts.' .. i ,5s
In the last two years $4,000 has been raised
by public subscription for Gustavus Adolphus
college and $4,000 for new operahouse, but
In spite of these drains it Is believed, that the
people will gladly respond to the appeal fol-
support for the hospital The need of the in
stitution is admitted, and the prospect is very
encouraging. : ..: &c..
Sell Peat Next Year.
! Efforts are being made to interest st. Pete
| men in tho peat beds near Oshawa, which arr
| to be developed next summer by the Unltet
|
GERS of the company intend to issue stock t.
! the amount of SOC, 900 with which to buy Ian,
| and build a factory, and the securities will b.
placed on the market Immediately. The pro
moters plan to dispose Of the greater part o
the stock in the east, but a portion will b.
sold in Minnesota, and some OF 1t may b
| takent by local investors. -
| When the company begins its operations an
| ACQUIRES title to lands upon which It now hold
options it will control one Of tho most exten
siye peat deposits in the country. Near Timbe
and Middle lakes, which are both within cas-
reach Of Oshawa, there are a vast number o
large boys, and an analysis Of the peat in ther
has shown it to be of superior quality.
Deposits Easy Of Access. -.
The deposits vary from to IL feet in deptt
but all are easy Of access, and the expens
attached to gathering the raw material will nc
be excessive The North Western road Is yer
conveniently located for the purpose Of the fu'
company, and it will be possible to lay SD
and spur tracks and thus obtain the best shil
ping facilities.
If the sale Of the stock proceeds rapid!
work can be begun in the spring, and the pr
moters will plan to have their factory con
pleted in six months. 1t will have capactt
Of 100 tons Of peat briquettes day, and II
product will be marketed at the rate Of
A ton The manufacturers claim that Its las
ing qualities are equal to those Of the vel
best grades of anthracite coal, and they
: clare their readiness to compete With the Fen
, svlyaniaN fuel. p" . .~ ~ g, ...