The Birmingham age-herald., 1908-06-13
Seven Story Concrete Office Building To Be Among
 HandSOmeSt in City
ALL BUT S20,5OO WAS
 RAISED IN FEW HOURS
Birmingham Is Full of Enthusiasm. Results of Reunion Give Confidence In the City's Ability
 To Do Things.

seven-story Chamber of Commerce | office building for Birmingham is assured Enthusiasm ran so high over the reunion l and the city's triumph of entertaining that the business men believe Birming- , nam can do anything.
 | Already the Chalifoux corner, Nine- l teenth street and First avenue, has been bought; $150,0OO in bonds has been pro- vded for, and yesterday $51,5OO in stock was subscribed by Birmingham people.
 The lot cost $11O,O00 and s12O,OOo will fe expended on concrete seven-story struc- lure. The building is a fact It will only be necessary to sell $2S5OO of this ' per cent cumulative preferred stock to com piete the plans. This amount will be easily raised today. The subscriptions range from $25 to $1O000 and were made with hardly any solicitation. Birmingham con- fdence is in the atmosphere and business men are enjoying long inhalations. They have their noses in the air.
 Raul Determined To Make 1t Go. This great movement began in meet ing of the board of directors of the l Commercial club some time ago. Since
  ident he has taken the matter up active 1 ly, and is determined to put 1t through. l JIis efforts have been closely seconded | by the finance committee, consisting or l Culpepper Exum, chairman; Colmao | Blach. J. A. Emery F. M. Jackson, Will | son Brown, R. E. Collins, M. V. Joseph, Sid w. Lee, Robert Jemison, Jr., T. Il. | Motion, R. N. Rhodes, R. M. GoodaH, E. w. Massey, A. H. Ford and D. Il. 1 Marbury.
 Becomes Chamber of Commerce. l The Commercial club will be reorgan- ized and become the Chamber of Com merce, with new constitution and an en- tirely new plan of government It Will occupy the top story of the new building and the other six floors will bring & handsome return to the investors.
 The regular monthly meeting of the 1 Commercial club was held yesterday ait eron, President John l.. Raul presiding. In calling the meeting to order the pres
 dent took occasion to commend the mem- bers on the work they had done during the reunion and to congratulate them on their success.
 1 l amending the constitution and changing 1 the name of the club to the Chamber Of Commerce. After some discussion definite action was postponed.
 The secretary read list of men who had been proposed for membership and the club voted upon them. The following were elected to membership: Max kar- peles, J. E. Bennett J. F. Weldon, Harold l Shemell, A. R. Rains, A. G. Smith, J. C. Long, w. K. Maxim, J. C.. Marston, w. R. Morgan, D. A. Hogan, R. J. Mcclure, w. C. Chaffee, J. M. Snead, T. H. Moor ing, s. H. Floyd, J. H. Adams and Thomas Hopkins.
 The special committee appointed to ln- vestigate the iron and steel Interest of Birmingham made its report and addi- tional members were added to further i investigate and to meet with the manu- facturers to form new scale of prices ill accordance with the Pittsburg rates. ] T. H. Aldrich, who is chairman of the | committee on the publication of history of coal and iron in Alabama, made an interesting report in which he said that in all probability the book would be pub |
 Rufus N. Rhodes made a motion that 1 funds be collected and appropriated Tor the purpose of having suitable medals i struck and presented to Secretary Babb and other members of the executive com mittee as a reward and testimonial for their successful work toward making the Confederate reunion success. This mo- ton was unanimously carried and Secre- ! tary Babb in reply thanked the club, and further moved that medals be given Rufus N Rhodes and M. V. Joseph for l their assistance.
 Take Up Building Project. After this the club took up the subject of building A report. was made by the ] committee in Charge advising that the 1 Chalifoux corner be bought and seven story office building, equal in every re- spect to any in the city, be erected upon this lot. Several men who were present 1 smoke upon the needs of such building.
 With much applause a motion was car
 ried unanimously and committee on
 finances appointed. The club then ad-
 iourned and subscriptions to the stock ! were called for. picture of the pro
 nosed building was shown which met the
 instant favor of all present and enthus-
 asm in the new project ran high.
 At the meeting $36,O0o was raised in a
 very short time Everybody was en- | thusiastic and last night the committed got busy with very gratifying results.
 The members were calling upon various
 well known men up to midnight. Some of
 the citizens were gotten out of bed and
 came down to greet the callers in bath
 robes, but every man entered into the
 spirit of the thing with the result that thousands of dollars were added to the l list.
 The committee believes that the entire
 amount will be easily raised before to-
 night. The plan is to issue the SO0OO l preferred stock to as many members of | the Commercial club as will subscribe. | The club itself is to get the $500 of com | mon stock The payments are to be made l 20 per cent between July and 15 and 20
 per cent monthly until subscription is l paid.
 E T. Shaw & Son, Undertakers