The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1908-06-14
MUST BE RATIFIED
BY STOCKHOLDERS
Many Other Bids Were Sub
n1itted, But This Site Suit
ed Mr.. Hervey Best-A
Meeting OF p. Stockholders
to Be Held Tuesday Night.


been made at yesterdays meeting of
the board of directors of the Pen
sacola Hotel Company. Endorsed by
Mr.. Charles HerVey, who was present,
the proposition will next be sub
mitted to the stockholders for their
ratification whereupon the site will
then actually be accepted.
The important selection was made
at the meeting which took place at
noon in the Office of F. G.. Brent, the
following directors being present: J.
NJ. Muldon, II. l.. Covington, T. A
Jennings. P. K. Yonge. Sol Calm, W.
S. KeyCer, F. c. Brent, Henry Hyer,
John A Merritt, John E Stillman, A.
A. Fisher, and Max l.. Bear. Seere-
tary F. F. Bingham, and Messrs.
Charles B. and George Hervey con-
stituted the remainder of those who
were present
Legal Firm Retained.
Among the first business which re-
ceived the attention of the directors,
was the report of Chairman J. M Null
don. that he had engaged the <firm
of Blount and Blount and Carter as
attorneys for the Pensacola Hotel
Company, his action being fully con-
frmed. Chairman Yonge of the COM
mittee on charter. reported that the
charter had been prepared and sign
ed. and that il was TO be forwar-
ed to Tallahassee lastf night in
order tina: it NAV appear IN next
Tuesdays papers. The subject OF
site was then introduced, Chairman
MuldOn stating that Muldon and Simp-
son wished to submit an amended bid,
which was agreed.
TIE P;Ie Dooo.,oJ
Secretary Bingham then opened the
following bids relative TO the pro-
posed hotel site:
From the Pensacola Investment Co.
and VIM. Fisher, Estate. composing
one site, say, From Pensacola Invest
ment Co. SO feet on West side Pala-
fox and 100 feet on North side of
Garden ST. $50 400, OF which $3S.-
400 cash and $200e0 bonds: From
VIM. Fisher Estate, "a feet on PaIa-
fox St, adjoining the above by $50
feet in depth, 500 all cash.
Pensacola Investment Co, 100 feet
front on West side Palafex by $50
feet on north side Garden SIS, 200, OF
which $4,000 cash and 5000 bonds.
Pensacola Investment Co, 100 feet
on east side Of Palafox by $50 feet
On South side of Wright street,
Pensacola Investment Co, ATpent
lot Old City $35. 600, all bonds
Estate Of VIM. Fisher. Escambia
Hotel property $4,000. of which $40,
900 cash and SIS, 900 bonds
Estate OF VIM. Fisher. 125 feet on
west side of Palafox by $50 feet on
North side OF Gregory; (SE. portion
Of Escambia Hotel property 5000.
of which $1,000 cash, $25, 000 bonds.
Estate of VIM. Fisher, 1872 feet on
east side of Palafox street by 1872
feet on north side of Gregory. $40,-
600, of which $4,000 cash and $780,
900 bonds.
Estate of VIM. Fisher. 1OG feet on
west side of Palafox street by 100
feet on North side of Gregory street,
S24 900, OF which $4,000 cash and
$50, 900 bonds.
Pensacola Amusement Co, Opera
House property. 100000 of which
$50. 900 cash, $4,000 bonds.
DR. w. f. Anderson 14S feet
inches by 234 feet inches. corner
Gregory and Barcelona. $25 geo OF
which $4,000 cash, $1,000 stock and
$1,000 bonds.
K J.. Wilson. 159 feet 6 inches,
by 224 feet, corner Gregory and
Spring streets, $4,000. OF which s12.- .
300 cash; $1,000 stock, So ,O0e bonds.
Mrs. Bertha Heinberg, 49, feet 3
inches by 125 feet, corner Palafox
and Chase. s5e, 900. Of which $4,000
cash and $4,000 bonds.
Simpson and Muldon, 80 feet II
inches on Palafox street by $50 feet
deep and lot at NE. corner 81 feet
inches by 43 feet 4 inches. hotel com
pany to deed Simpson and MuldoL
east 80 feet 4 inches of - feet lot oi
Mrs Kirk making hotel site in con.
nection with bid of Georgiana Z. Kirk
5 10 feet l inch OF Arpent lot 55, Old
City. (Simpson and MuIdon price
$4,000. of which $4,000 cash and
s14 900 in bonds. Mrs. Kirk price
$50, 900, all CASH Simpson and Null.
don to have all improvements upon
the above property.
Many of these bids were submitted
with the stipulation that hotel be
built upon the site offered. and weTs
therefore much lower than would have
been the case under other circum-