The Birmingham age-herald., 1912-01-25
McDavid's Announcement

McDavld'S Announcement
 The official announcement made fol- lowing a meeting in MT. Beatty's of lice from Robert McDavid is here given:
 We have today taken out papers of incorporation of the Roden Hotel com pany, and I am authorized te say that the erection of a $1,00O, 900 hotel on the southwest corner of Fifth avenue and Eighteenth street will be proceeded with without dalay. Our bonds have been placed in the east by Otto Marx & Co, and our stock has been subscribed locally. We have no favors to ask of the business community or the public excepting their good will and their moral support.
 Tt is peculiarly gratifying to the promoters of the Roden hotel to be able to announce that every dollar of the money that has been faised for this purpose will go into the hotel, there being absolutely no promotion or other expenses preliminary to the actual erection of the hotel.
 "The hotel will be of modern steel construction, ten stories high with an area of 15O by 40 feet and with en- frances on both Eighteenth street and Fifth avenue 1t will contain about $50 rooms and will be finished in the most modern and elaborate manner.
 ''rhe company will own in addition Q the ground the hotel building occupies, 10Gx140 feet adjoining on Fifth avenue. which will form the nucleus of good sinking fund, or be available for an an- nex of the building.
 It is our expectation and our desire that the plans shall be made by a Bir- mingham architect and that the hotel shall be built by a Birmingham contractor cut of Birmingham materials as far as possible, provided they can serve the in terests of the stockholders as effectively as the outsiders, and we believe they can. We shall request designs from recognized authorities on hotel architecture within the next few days
 q will also state for the information of the public that we have three for midable applicants for the lease of the hotel, who base their proposals on a sat isfactory interest income on the whole investment. The tenant part of the un- dertaling was the easiest of all to solve which goes to show Bfrmlnghams need of a modern hotel"
 Considered Very Desirable
 The Roden site is considered very de- sirable and accessible for a hotel. It Is situated on a high lot near the shop ping center of the city, one half block from the federal postoffice building, two blocks from the two principal thea tres. five short blocks from the. Louis volle and Nashville station, onaa paved street. and only eight blocks from the $1,000,000 Terminal station. on paved street The site will be passed by the Tidewater car line. 1t Is adjacent to a well kept park and will provide easy access for all commercial men and others.
 The announcement of the Roden ho- tel and the hotel of w. H. Seely of New York coming as they did just 24 hours before the meeting of the Chamber o1 | Commerce committee, caused specula. | tion to run riot as to which would bf
 officially indorsed at the meeting to bt held this afternoon. if either of then l is indorsed. w. r. c. Harding, chair man of that committee, was appealed
 to yesterday, and he said:
 Tt is gratifying to see evidences oi a public awakening as to the hotel The Chamber of Commerce committed adjourned to meet tomorrow (today) tc remain in session until hotel decision had been reached. II seems that we have two hotels in sight and what ac- tion will be taken Thursday by the committee l cannot forecast. The fact remains that this committee has un- doubtedly brought the pressing matter of a hotel to a head and inasmuch as there seems to be every assurance that we are to get our hotel requirements the purpose of the committee may have thus been achieved. I cannot forecast however. what will be done by the of- ficial committed"