The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-06-29
Over $35O,OOO Worth Of
Lots We're Sold Up to
Last Night
PROMINENT MEN SPEAK
ON FUTURE OF THE CITY
Rain and Wind Fail to Dnmpen En-
thusiasm of Crowd-A1I Marvel mt
Work Already Done In New
Industrial City

yesterday afternoon.
heavy wind and rainstorm that came
on lust at the exercises were ready to be-
gin damuened but little the enthusiasm OF
the occasion.
Though the attendance was compar-
atively small on account of the threaten
ing weather that prevailed all day the
crowd PRESENT was representative one
1t included many of the leading BUSINESS
professional and official citizens OF the
town aid community.
The temporary speakers stand that mad
been provided at the junction OF the '"o
great boulevards that run directly through
the rev city had to be abandoned on
account of the rain and the people crowd
ed inn the temporary office building near
tho main entrance, where boosters ana
,,oosters talked of the necessity, the
deveopment and the future of the Corey
idea
| Conservative optimism was the keynote
of the day. The buster and pomp usu-
|allv expected on such occasions was
notcebly absent There was no wild
|
sal. BOOM Lots were sold, 1t is true, but
n WIS on conservative advice. Deiiber-
ate business judgment and cool-headed
mthods seem to prevail in the prelim-
insrv planning and exploitation of this
marvellous venture in city building.
| Iii Reason for Corey
There is a reason for Corey-a business
smand-and the men behind the move
lent seem to have the future of the
district and the preservation or COM
hunitv faith at heart. The speakers
talked business with bridled enthusiasm
iOptimism was savored with wisdom ana
a call to sound business Judgment
The initial sale of lots in Corey up to
last night amounted to something more
than s350,00o. Orders were received by
mail. telegraph and by telephone. The
orders have come from New England to
Mexico from men of judgment who have
familiarized themselves with the posi-
bilities of this district.
The speakers at the opening yesterday
we're Henry B. Gray, Walker Percy. W..
w. Crawford, william D. Jelks. Culpep-
per Exunn. Robert Jemison, Jr.. and
DR.. r. NJ Cunningham. Henry B. Gray
was master of ceremonies and introduced
the speakers.
Mr.. Gray Talks
In his opening remarks Lieutenant Gov
ernor Gray said: Rain, wind and wealth
err do not seem to interfere with the
building of a great city like Corey prom
ises to be- The attendance of so many
of the leading business and professional
men of Birmingham on this occasion and
in such weather is proof of the import
ance of this unique undertaking. Cities
are not built In a day nor every day. 1t
is not often that cities like Corey are
planned and built. Corey is the result of
direct Industrial demand. The great
developments that have already been be-
gun by the United States Steel corpor-
alton in this immediate vicinity demand
and will demand thousands of additional
employees. These employees will demand
shelter. Corey is designed to provide
homes for this new population. Corey is
the answer to a positive business de-
mand."
Walker Percy
Mr.. Gray then introduced Walker Per-
cy, vice president of the Corey Land
company.
Mr.. Percy opened his remarks with a
glowing tribute to the business sagacity
and Judgment of Robert Jemison, Jr.,
president of the Corey Land company.
Mr.. Jemison is a postmaster in the
real estate business" said Mr.. Percy.
He is genius. I have no patience with
illegitimate land schemes that are not
backed by substantial business support.
But / have a personal faith In Corey.
There is a reason for Corey. If I did not
believe that there was a sound business
reason for Corey and that every lot in
the subdivision was worth the price ask
ed for it, I would not have allowed my
name to be connected with the company.
II would not advise the indiscriminate
buying of lots in Corey. would not ad-
wise widows and orphans to buy hero.
Neither would l advise men to buy who
are looking for quick returns on specula-
ton. You might succeed and you might
not. But / believe that this Is a good
and safe proposition for the investment
of conservative business money.
Il Del1eVe Inat we Stand To-Day Wltnln
a. stones throw of one of the largest
steel developments in the entire country.
While the development of the iron indus
try in the Birmingham district has been
practically at a standstill for 10 years
the steel industry has been in the as
cendancy.
"The United States Steel corporation is
preparing for great developments in the
manufacture of finished steel products in
this district. Payrolls make cities. We
have the payrolls. and they are going to
be larger"
The conservatism of Mr.. Percys speech
made good impression on his hearers.
w. w. Crawford
Before introducing W. W. Crawford
Mr.. Gray remarked on the characteristic,
conservatism OF Mr.. Percy, and added
There Is more work under contract at
Corey than at any other place In the
United States. The United States Steel
corporation will spend more money In
developments In this vicinity In the next
IS months than has been spent by the
Tennessee Coal Iron and Railroad COM
pany at Ensley in the past Is years.
Mr.. Crawford was introduced as the
apostle OF sunshine and with the ad-
ditional information that he is not the
president of the Tennessee Coal. Iron and
Railroad company. Mr.. Crawford soon
convinced his hearers that he was a
true optimst. He admitted that he is
not the president Of the Tennessee. but
with Mr.. Percy for his conservatism
and charged him with being prospective
candidate for United States senator and
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