Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1912-05-03
READY TO BUY HOTEL
Six Citizens to Protect Town in
Brattleboro House Plan
Special Town Meeting Tonight to Vote
on Appropriations for Proposed Rail.
road Developments.


on Appropriations for Proposed Rail-
road Developments.
special meeting of the voters of the
town Will be held in Festival hall at &
o'clock tonight, and upon the action
there taken depends in large measure
the extent and completeness of the rail-
road developments contemplated bv the
Boston & Maine and Central Vermont
railroads in this town. The proposed
improvements, for which the town has
been striving several years, have been
set forth fully in The Phoenix, and the
time has now come for the voters to
place their seal of approval on the plans
agreed upon by the railroads and town
officials.
A resolution will be introduced calling
for an appropriation of $4,000 toward
the union station, Bridge street and
Vernon street Improvements, also for
$15,500 for the purchase of the Brattle-
boro House property, the hotel to be
removed and the site used for a much
needed public square. This is the most
important public Improvement ever pro-
posed for Brattleboro and one which will
result in the most lasting good. In
order that the voters may know that
they are taking no chance or risk in
buying the Brattleboro House property
six public spirited citizens have signed
an agreement, which will be introduced
tonight, to buy the property from the
town it is felt, after the improve
ments have been made, that the town
would be better satisfied not to own it,
1t is a good square business propo-
sition. The agreement is as follows:
"Brattleboro, VT, May l, 1912.
ITO the voters of Brattleboro:
I'VE believe that the purchase OF the
Brattleboro House by the town, at this
time, is absolutely essential for the
towns protection in the development of
the railroad plans. We have given the
matter careful personal examination in
conjunction with the plans which the
railroads have prepared. We believe that
the town will be put in a very difficult
situation with regard to its approach to
the railroad station, Vernon street and
the freight yard, if the purchase is not
made. We believe, too, that a. much
cramped condition will exist in front of
the station anj about that portion of the
street If the property is permitted to
remain in Private hands, and developed,
as it surely will be.
I'VE, therefore, make the proposition
to the town that if the town will vote
to purchase that property, proposed
in the warrant, we will individually
agree to purchase the property from the
town at any time within one year, at
what it cost. plus four per cent interest,
If the town shall desire within that
period to dispose of it.
-Four per cent interest is as much as
the town will have to pay on the money.
We will agree in that connection that
the towns officers may handle the
property in the way of tearing down or
removing or changing the building in
the meantime as they may deem necessa-
ry for the protection of the interests of
thereof may be added to the purchase
price, and We will pay it with interest,
as above. We do this because We feel
that If the town is now disposed to
question the wisdom of purchasing the
property, it will not do so when the
railroad plans are developed and the
changes made and the structures built.
We are willing that this proposition
should be changed, If il is desired, so
that the town have, say, six months
after the station is completed and in use,
and after the overpass is completed and
after Vernon street is cut down. and
then at the end of that six months, we
will take the property, with interest, as
above stated, if the town desires to
dispose of it.
This practically means that the town
may have an option on the property for
a period of six months after the COM
pletion of the railroad development 1t
may be provided. If the town desires, in
the vote to purchase the property, that
the seectmen shall not complete the
purchase until lawful contract is made
with us in accordance with this propo-
sition. In that way the town will be full
ly protected
yours truly
IL. E. HOLDEN.
"CHAS. O. ROBBINS.
IN. ]. MORAN.
81 EDGAR MEIJ,EN
CHARLES A. BOYDEN.
&c. L. DUNHAM