The citizen. (Honesdale, Pa.) 1908-1914, 1911-05-17
TO SUPPORT LOCAL INDUSTRIES
Board of Trade Accepts Report to Create Reserve
Fund to Induce Business Men to Come Here
FARaEACHING RESULTS EXPECTED INDUSTRIAL DE-
TREASURER'S REPORT
SHOWS SURPLUS; OTHER BUSINESS.

The May meeting of the Board of
Trade, which convened Friday night,
at City Hall, was largely attended.
Encouraging reports were made by
several committees, and considerable
business of Importance transacted.
Following the reading and approx
al of the minutes of the April meet
ing, two gilt-edged propositions were
presented and thoroughly discussed.
The consensus of opinion seemed to
be that they were most desirable
prospective industries for the Maple
City 1t was decided that a vigorous
'follow-up' campaign be inaugurated
with a view to securing their per-
manent location here.
Treasurer Ed. Deitzer reported the
comfortable balance of S163 in the
society's treasury, $50 of which ac-
crued from the payment of dues since
the last regular meeting.
The soliciting and site committee
reported progress.
Under the head of the report of
the mail and transportation commit
tee, the Board endorsed the action of
the Business Mems Association in re-
gard to taking up with the Delaware
and Hudson officials the freight situ-
alton in HOnesdale, the committees
of both organizations being compos-
ed of practically the same individu-
ais, having co-operated in this mat
ter.
In connection with this report a
resolution was passed recommending
Division Passenger Agent George E.
Bates to use his influence with the
officials to have the leaving time of
the Sunday morning train, scheduled
at 11:05 a. m. changed to 1915 a.
m. Such a change would permit
Honesdale people to remain in
Scranton longer on Sunday, the Car
bondale connection for the Electric
City being marked at 1880 a. m.
A motion made by r. j. Murray
and seconded by S. T. Ham, en-
bodied the appreciation of the Board
of Trade to the General Passenger
Agent of the Erie Railroad for the
proposed additional train service to
the Maple City. 1t was brought out
that the new schedule, effective June
II, was granted in response to the
request of the Business Mems Asso-
citation.
The names of seven new members
were presented, voted upon, passed,
anu IuelI el6ClIOu Will lOllOW Ill
June.
Charles P. Searle, Esq, reported
on the administration of a certain
fund of money to be raised for the
support of local industries. On mo-
tion of E. Jenkins seconded by S. T.
Ham, the report was accepted, and
ordered to be spread on the minutes.
The report follows:
Report on advisability of creating
a reserve fund to be used by the
Board of Trade in promoting the in
dustrial development of Honesdale.
In order for the Greater Honesdale
Board of Trade to compete with
Boards of Trade in other communi-
ties a reserve fund is needed En-
thusiasm and hard woik on the part
of the members have accomplished
great results but vastly greater re-
suits can and would be accomplished
through the judicious use of money
either in aiding new plants to locate
here or to assist our local industries
already established
When money is needed for either
of the purposes above mentioned
there is an immediate demand for it.
The method of raising the necessary
amount is slow, ineffective and usual
ly the burden of raising the sum
needed deVolves on a few individu-
ais. In addition the method because