Semi-weekly herald., 1911-12-04
BOARD OF TRADE WORKING
FOR BEET SUGAR FACTORY

the board of trade rooms last night.
Mr.. Ward barley, who just completed
the establishment of s750,000 sugar
factory at Monte Vista, told the lead
ing business men of Durango what a
good opportunity there is for starting
one here, and his suggestions were so
well received that immediate steps
will be taken to carry them out.
| Mr.. barley came here at the invi-
tation of John Wingate and during
the past week he has been looking the
country over to find out what adyan-
tages we have to offer, and he now
says they are the best that can be
found anywhere. He says that the
things needed for the Successful op-
Grafton of beet sugar factory are
all here in abundance and of the finest
quality. Our soil, our water, our eli
mate, our lime rock and our coal will
convince any capitalist that a sugar
factory can be operated here with
very little expense, and Mr.. barley
says that our Indian laborers will do
the field work better and cheaper than
it is being done in other places. The
only thing we lack is transportation
facilities and there is good prospect
that they will soon be improved
The large audience that filed the
board of trade rooms listened to Mr..
barley with great deal of interest.
and at the conclusion Of his remarks
they asked him many questions which
he promptly and fully answered Mr..
Wingate then introduced the resolu-
tion which is printed below, and it
was unanimously adopted, and in or
der to make it effective a committee
was appointed to raise fund of S1O.-
600 to pay for promoting the project.
The members Of that committee are
John Wingate, 7. C. Graham and C.
n Herr, and within the next few days
they will give every man in town
chance to subscribe to the promoting
fund. The resolution which the board
Of trade adopted follows:
Durango Colo, Nov. 20. 1911.
Mr. President:
We, your committee, appointed to
confer with Mr.. Ward barley regard.
ing the establishment of beet sugar
factory in or near the city of Durango.
most respectfully present the follow.
ing preamble and resolution as the es.
sence of our report:
That, whereas through the efforts
of our fellowtowDsman, Mr.. John Win. |
gate, Mr.. Darley has been induced TO
visit this section of our state with a
view of interesting our citizens In the
erection of beet sugar factory, and
after thoroughly investigating the
physical conditions, he is confident
that such an industry would be sue
cess and that u 1,000-ton plant could
be profitably operated in this locality.
Aand, whereas. his success in estab.
fishing beet sugar factory at Monte
Vista, Colorado. now In successful on |
GRAFTON, is evidence of his ability to
th NhtCi IA iot vi lIl6
ter.
And, whereas, his success in estab- |
the fertility of the soil, the abundance |
or water, the excellent quality and |
great quantity of coal and limestone.
obtainable at a reasonable price in
this section Of southwestern Colorado
and northwestern New Mexico, tribu.
tary to Durango. and the altitude and
climate are particularly favorable for
beet culture.
And, whereas, 1t is the duty of the
members of the board of trade and
the citizens Of Durango and the sur.
rounding country, to encourage the es-
of any business enter
prise which Will be of benefit to this
section.
And. whereas, 1t is desired that
promotion fund of $4,000 be secured
by subscription from the citizens o.
this district the same to be returned
to the subscribers to said fund, dollar
ioi uoiiai, Ill tue preferred STOCK OF
said beet sugar company. when or.
with all the advantages at.
tached to any preferred stock by said
and In the comon stock of
said company fully participating In
any advantages offered to any sub.
scriber thereto.
And. whereas, all subscriptions to
the said promotion fund shall be pay
able to committee appointed by the
Durango Board OF Trade in install
ments. payable quarterly In advance,
beginning on the first day of Decem-
ber. 1911.
And. whereas, the said fund shall
be at all times under the management
and control OF said committee. and
shall be used at its discretion, for the
purpose OF paying the expenses of
such promotion. not to exceed the
sum Of $4,000. and such portion as
may not be required shall be returned
70 each subscriber in the proportion
by this subscription to
la IA fund mr. tpau bs. rntnt,ed L.. s.,n