The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1914-06-04
TO CONFER AGAIN
OVER LUCE LINES
COMMITTEE CHAIRMAN BRINGS
IN UNFAvoRARLE REPORT,
SO BODY WILL VISIT hin.
NEAPOLfS AGAIN.

Chairman Frank Weller, O. E..
Cassem, j.. c. B%lenkiron. and prob
ably S. b. Morris, will visit Minnea-
polls soon and continue negotiations
with w. L. Luce and Col. L. d. Luce,
promoters of the proposed electric
road to Mitchell. This decision was
reached at the public meeting, held
last evening in the municipal court
chamber.
Upon calling the meeting to order,
F.. j. Herrick, president of the Com
mercial club, reviewed the history of
the attempt. OF the club to secure
railroad facilities for Mitchell, which
ended in the proposition of the Luces
to enter the city with an electric rail-
road. At S:45 Chairman Weller ar
rived and submitted his report, as
the head of the body chosen to solicit
$4,000 in stock subscriptions for
the road, -' ~ =
Tho written report, signed only by
Mr.. Weller, was as follows: I'VE,
your committee, after having careful
ly analysed the proposition made by
Mr.. Luce and son and also having
consulted with two attorneys and
several business men, we feel the
proposition as 1t now stands is not
for the best interests of our city, and
we therefore decline to ask our PEG
pie to pay their money for the capt.
tai stock as asked under the proposi-
ton as made"
According to the statement made
by Mr.. Weller in connection with the
report, the contract submitted by the
Luces did not embody a promise to
ever build a railroad. only a PROPOSE
ton to sell 100000 worth of stock.
He then detailed the new contract
received from Minneapolis, after the
local committee had asked that the
contract provide that the road should
be built into Mitchell within four
years. and on failure to do so, re-
turn the stock. subscriptions with 6.
per cent interest. The new contract
would fix q time limit of six years,
pay the money with interest upon
failure to build into Mitchell, but
did not stipulate a time when the.
bond upon the road should be f1oated.
81 feel that the whole proposition.
is equivalent to a loan,' said Mr.. We'll
Ter. 81 am in favor Of raising
this 100000 or a larger amour of
money, to be held in the banks of the
city for the first road that builds into
the city. The Luces could take ad-
vantage of this money If they SO
wished, and at the same time it
would not hinder any other road from
entering the city"
In reply to the statements of Mr..
Weller. Geo. A. silsby declared that
the Luces were men warmly support
ed by the business men Of Minnea-
polls and that they were, careful and
conservative business men, He stated
that II their proposition was reject
ed, the matter would be rejected, and.
closed With a plea to send a new
committee to AMinn1nsssapolis,s, to inyes-
tiigats the eo%rporTattiSoRh. s .a,,u @J5
'hia Hwhsq IN M M .@ MsssRfRRs' a istsFsz ~
siisby, the Luces' We're headed for
Sioux Falls and Sioux City. If Col.
Luce can do business with us. he
wants to take this diagonal route
and come to MITCHELL. making this
iline.,h trunk road with many later
ais branching off. The new proposi-
ton has practically met that offered
: by our committee, except that an ex-
, tension of two years was asked I
have faith in the proposition and am
= willing to do whatrI canto help the
road iItol come to MitchelEr,ou iUu !
b OLE. Cassem, one of the members
of the subscription committee. de-
clared that there was a radical diff
ference of opinion on the proposition
and that the matter had stood at
two to two. N d,
II consider it a fair proposition"
said Mr.. Cassem, land believe the
Luces to be fair and square business
men. l am anxious to see Mitchell
grow to be a large city, and nothing
will help more than one OF two more
railroads. The Luces came to us with
the proposition to build into Mitchell
as soon as they can get the money
and material"
Confidence in. the future of the
city was declared by j. N. Crow to be
necessary to promote the railroad
and build it into Mitchell. AS con-
Germs which have been built on this
sort ..Qf=%eonfidence he cited Dakota
Wesleyan University, the Mitchell
Publishing company, the Turner
Creamery company and the Mitchell
Fruit & Grocery company. He gave
as his opinion that the Great North
ern would build into Mitchell If. the
contract is made with the Luces.
Robert Burns spoke in favor OF
sending the committee to Minnea.
polls. He declared that the commit.
tee should specifically ask Mr.. Luce
why he had eyaded the question OF
when the bonds on the system would
be floated. He also favored the idea
of having Mr.. Luce and his, son give
a bond to cover their guaranty that
the road would be built, the bond
premium to be carried by the Com.
mercfa1 club. 60
Upon the c~o;nesiihuiston of Mr.. Burns
remarks. the mbtioa to send Messrs
Weller, Cassem, and Blenkiron tc
Minneapolis. to secure more favorable
terms passed with no dissenting
votes. The other members of the
committee already had visited thai
city. The motion made by Mr.. Wei
Ter, to ascertain the sentiment of tho
Luces relative to giving a bond tt
fulfill their contract, was lost.
THREE ABERDEEN BRIDES.