The Birmingham age-herald., 1909-09-11
MEN ARE NAMED TO
 ENTERTAIN TAFT Sevier'S Plan Subject of Much
 Discussion REPORT MADE ON OIL WELL Grove Explains to Chamber of com- merce Results of Fayette coun- ty Work = Last Meeting
 Held In old Quarters.
REPORT MADE ON OIL WELL

7elo m Olo Quarters.
 The last meeting of the Chamber of Commerce in its old quarters was short and snappy. The members seemed anxi- ous to shake off the old surroundings and finished their work in quick order Upon recommendation of Robert Jamison. Jr.. 1t was decided to make the next meeting a housewarming, when the people of the district will be invited, and after tha formality of opening the building they will be entertained and given an oppor- unity to examine the pride of the south. The next meeting will be a special one, called by the president.
 Chairman John l.. Parker of the com- mittee on entertainment reported as fol- lows:
 September 10, 1909
 Gentlemen: Your committee on enter tainment reports the following committee on arrangements for the reception and en- tertainment of President Taft upon the occasion of his visit to Birmingham, November and 8: John W. Mcqueen, chairman; Frank P. OBrien, Frank Nell son, Jr., John L. Kaul, Sterling A Wood, John l.. Parker, M. V. Joseph, Rufus N. Rhodes, F. r Anderson. A. H. Ford, J. O. Thompson, T. H. Aldrich, J. R. Carter, W. W. Crawford, T. G. Bush, Robert Jemison, Jr, H. B. Gray. E. W. Barrett. Erskine Ramsay Harry Jones, l J. D. Collins. c. W. Ufford, J. J. Smith. James Bowron Walker Percy w. H. Ket- tig. T. H. Benners, Oscar Underwood, George G. Crawford, Culpepper Exum, T. H. Motion F. M. Jackson, R. M. Goodall, L. K. Steiner, w. P. G. Harding and S. J. Bowie.
 L. Seviers resolution looking to the organization of a cooperation club to purchase capital stock in locating indus tries was submitted by the board of di- rectors without recommendation, and af- ter considerable discussion referred to a committee composed of W. P. c. Harding, A. G. Smith. L. Sevier, James Bowron and John w. Sibley, who are to study the plan in detail and make report at the next meeting
 
 over to special committee. MT Sevier urged Its immediate adoption but sterl- , ing A Wood called attention to the fact that a similar organization along these lines had been made the subject of ex- haustive study four years before. James Bowron said that the principle of cooperative effort 1n raising funds for the assistance of small industries cannot be gaansatd He told of the former plan , where the money was to be used. not to buy stocks or bonds, but by making loans on security under 1enient terms so that the capital would never be used up but always available. This plain had died because of failure to raise the money. A. G. Smith urged immediate adoption. claiming that the old plan was dead and buried; that Mir Seviers motion had & different field of operation.
 MT. Harding thought that MT. Bowron's plan was excellent and practical, and that MT. Sevier's plan also possessed a great deal of merit, but he thought 1t impossible to persuade 300 men to obl- gate themselves to S1o0 for ten years. Five hundred men are a good many for a city of this size, which has been con- ducted for the last ten years by less than 50 men,"
 Pointing out that a number of laboring men had asked him to extend the resolu- ton so they could invest, MT. Seyier de- clared that he could read ten men who had promised him the s10o0 each.
 However. after speeches by MT. Wood, T. H. Motion and others, the matter was referred.
 letter was read from the Providence oil and Gas Co.,, telling of the wonderful oil and gas finds in Fayette county and requesting that members of the chamber assist in the development by small sub scriptions to the stock, signed by c. B. Grove.
 Mir. Crowe expleined that oil was found June 2s the gherts have been sunk 1900 feet, passed throus-a six oil sands and that the gas burns ten feet above the derrick fioor After a short discussion. the meeting adjourned. The following new members were elected:
 T. B. Greenhtil. George W. Carnes. James A. MitcheK. C. s. Leeper, M T. Steele. J. w rass.eA,St:y, c. J. Cavenaugh. E. W. McKhesr c. B. Retd. Jobe-Rose Jewelv- cs.. 7, $ southgate. wilifrn M Fex, P. A. Holly.
 Certrtl or Coeagia Raiaread company represented by W. A. Winburn. T. F. Morse, c. T. Avery, J. C. Halle. H. B. Crawford and s. E. Cowiu.
 Mobile and Ohao Rsi'road company, rep resented by Col E. L. Russell, R. V Taylor, Haiden Miller, c. P. Jackson. l. C. Cardinal and P. Rock.
 When departing from the
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