Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-10-24
CASH PAID FOR
THE ARMORY
PROPERTY
STE NOW BELONGS TO THE
TERRITORY OF NEW MEXICO
Annoy Construction Can Now
Proceed - Final Statement
Of Club Committee on Tie
Plant Subscription

g T. Brooks = r. McCauaa anI
Mayor Frank Mckee. che committee
81 the Commercial club In charge IT
the tie plant subscription. as the
and raised Tor the purchase ~ tho
site for the santa Fe's dc and time
Der treating plant D. known. yesterday
paid from the balance ~ the nancy
remaining iu that fund rho sum 81
1890 % the j NJ. Moore Realty
company, receiving therefor thc deed
80 The lots recently selected by tine
club committee a. The site for the ma
fi9n8i guard arm0rR The title fro this
property has been passed upon hy the
attorney general 81 the territory the
deed IS now iu the office Of the cOun-
tg clerk for record. and az su0n as 10
r. returned DO Viii be forwarded by
Mr McCanua ~ the adJutaut general
81 the territory, when the transaction
b. complete.
This deed IN the hands Of the nd
jntaut general and Albuquerque VIII
have fulfilled her part OF the arm1ry
contract. the condition ~ the $500
territorial appropriation being that
this citH furnish O site Tor the hulId-
ing There is now mo further obstacle
to the erection 81 the armory lmmcdi-
ate sale Of the armOry bonds by the
territorial treasurer and construction
81 the afmory building a proceed ms
soon as the udtutaut generals office
moves In the matter. This VIII be az
once. as Adjutnnt General Harrington
o. anxious 10 get construction undcr
way. aud 10 do everything be- can 10
hasten the completion Of the building
here. The plan viii be 90 build THIS
building on Il scale and scheme TINT
will allow ~ Cts use for convention
purposes. affordmE large floor space.
good acoustic properties and album
don't ventilation.
Together with the announcement
that the purchase 81 the armory site
had been carried OUT. ln accord With
tho REQUEST Of a Vast majority ul
shosc who subscribed 60 thc tie plant
nlnd. the committee issued the final
statement covering the tle plant sub
s%cription account. showing that after
deductiuR unuald subscriptions and
40 per cent Of the original suhzcrip- +
tlon returned 30 those subscribers who
refused 30 allow their subscription to
he used for the purchase Of The armu-
IS Fite. and after paying from the
balance. for the atmory site. there re-
mained in the tie plant fund the sun
Of &4a5.b0. or 10 per cent Of the orig
inal subscription ana Yesterday Sec
retary MCCunun. Of the club, mailed
10 the long list NJ Subscribers checks
returning 20 each individual suhHCrth-
sr 1.3 per cen 81 hi~ original Hubscrlp-
ton To the original tie plant sub-
seription thpre was subscribed the
sum of S174s. or this sum $3.50 WAS
not paid. nud the actual amount COLI
lceied was $3.50. The committee
paid for the he plant site The sum pf
leaving "a cash balance, aH
shown by the committees statement
Of June ~. 90 &3.0iG 90 when the
question OF the purchase oi th" Hr-
mpfy site came up. IN was proposed
that the amount necessary for The
purchase ~ this property De- used
from the balance remaining Too the tle
plant fund, and to that end "a petition
circulated among the Fuhscrih-
to the tlo plant fund asking that
thoy confeut Is allow the use sc the
balance remaining on their several
subscriptions to- be used for that pur-
pose. The great majority % the sub
Herlbcrs C~Ouceuteu tn this use OF thc
balance of the money The club COM
mitIro. tn accordance With this con-
purchased the arnory site With
thaf portion " the balance necessary
rffr returning to- those fow of the
original subscribers who refused 20
consent Co the use 81 their balances
fur the nrmory purpose. 80 per cent
OF me arlginal subscription
After paving Tor the urmury site
the committee stlll had the balance
~ Higa go. or 40 per cent 90 the orig
InaI subscription. which has been rec
funded to tho Subscribers
Tho final report 81 the committee
in charge vi tbe te plant subscription
follows. showing the transactions in
detail eiure the published report OF
Juu, g2 1905