The Cape weekly tribune. (Cape Girardeau, Mo.) 1914-1914, 1914-07-03
Three Commercial Club
Men Subscribe 500 to Land
$6,000,O0O Concern
WILSON TO QUIT CLUB
If PROJECT FIZZLES
Says They are People Who
Knocks Everything and He
Wants Them Shot

ne special meeting OF inc CONNER
cial Club, called for the purpose of
arranging for the initial $4,000 neces-
sary to get the proposed 100000
iron foundry and coke plant to locate
in Cape Girardeau, adjourned last
night after $500 had been subscribed.
The $4,000 was needed, Secretary
Hinchey stated, for the purpose of
Incorporating the company. Mr..
Hinchey stated that action must be
taken quickly or that Cape Girardeau
would not obtain the plant, which
he said would double the population
of this city and make it one of the
biggest manufacturing centers in the
Middle West.
Mr.. d. A. Glenn of the Glenn
Mercantile Company, also addressed
the meeting and said he considered
the project great opportunity for
the city. He urged the club members
to accept the proposition because Of
the great number of people it would
bring TO the Cape. This view was
approved by Father Murtaugh.
Mercer Wilson made a rather heat
ed argument in favor of the project
He declared that it was the greatest
offer ever made to Cape Girardeau
and that unless the business men Of
the city subscribed the amount nec3s-
sary to insure the plant, he would
resign from the Commercial club.
"In every proposition of this kind, "
said Mr.. Wilson, "you will find
doubters and people who cry fake.
In my opinion such people are draw
backs to the city and ought to be
shot.
"The gentlemen who have made
Cape Girardeau this offer are not
promoters' They are engineers who
are splendid business men and have
had much experience in the construc-
ton of similar plants,
Cape Girardeau cannot afford to
overlook this opportunity. 1t will
mean more people for the city
many more at that, and it will al
most double the business of the town.
| don't believe the business men who
are the backbone of the Commercial
Club will let this project go by with
out giving it serious consideration. y
Mr.. W. II. Bohnsack, president of
the Bohnsack Drygoods store, asked
that in case the $4,000 required was
spent in organizing the company
and the company failed to sell sufii-
cient stock to take up the options on
the land, whether those who subscribed
he $4,000 would be forced to take
up the options.
Mr.. Wilson assured him that after
the S6,000,O00 company was organized
the stock would be in great demand
sufficiently large, he said, to cover
everything. Mr.. IIinchey said after
the organization was affected, there
would be no trouble taking up the
options.
Father Murtaugh, representing ST
Vinccnt's College, which owns SOC
of the 1000 acres which the company
proposes to buy, stated that he would
not require any cash on his option:
for the land, and that he would be
glad to renew the options, in the
event such action was desired.
At the conclusion of the speeches
Father Murtaugh subscribed 500
as did Harry Naeter and William
Hirsch, Before the two dozen mem
bers present adjourned a committee
composed of William Hirsch, Mercer
Wilson and A. II. Hinchey, was APP
pointed to make a canvas among
the business men of the city in al
effort to raise the necessary $4,000