The Birmingham age-herald., 1914-07-24
CAMPAIGN
 ID SELL REMAINING
 BONDS OF TUTW|LER
Citizens Organize Commit tees to Sell $59,O00 of the Q Third Mortgage Bond
 Issue Still on Hand

Filled with that interest and enthusi-
 asm that have secured for Birmingham
 nearly all that has been brought here of
 a public nature in years. 2e prominent
 men organized themselves into commit tees yesterday to underwrite S75. 600 of Tut
 wller hotel third mortgage bonds. The
 committees will report today at the Tut wiler for lunch at which time it is firmly believed that the few remaining bonds of the Tutwler will have been sold to Birmingham persons.
 With the exception of William Halls of
 Atlanta and Scott Maxwell Of Cordova | every cent which has gone Into the Tut
 wiler hotel has been local money and 1t was to protect the public spirited rec
 ord, which has caused the citizens to rally
 to the cause and give their time as we'll as money towards the final financing of the Tutwiler.
 The money necessary to start the erec- ton of the Tutwiler was arranged for when Maj. E. NJ. Tutwier bought s650-
 900 worth of first mortgage bonds. and
 Harvey c. Woodward Sl00oo0 of the first
 and ss00O0o or all of the second mortgage bonds The preferred stock was sold to | local men.
 | The hotel was to have been unfinished | from the ninth floor up. There was to
 have been no ballroom. or laundry or
 cooling process and other progressive propositions The United Hotel company
 from the store of It's experience suggestt-.
 that these details be arranged. That was
 done necessitating s250.00o of third mort
 gage bonds of which all have been sold
 now except s5s,0oo.
 | The men who labored for the Tutwiier
 for five years felt as if some help was needed and their call was answered | in the most enthusiastic way by the citi-
 zens of this community yesterday. At meeting held in the offices of George Gordon Crawford. the following men were
 present: Mir. Crawford. Robert Jemison,
 Jr., Maj. k. NJ Tutwiler Solon Jacobs,
 M. c. seibels Eugene Li Brown. L.
 sevier. M. P. Northington Fritz LarlSn,
 R. w. Ewing, John l.. Raul. John W.
 Sibley, J. l.. Yaneey, w. Carson Adams.
 John l.. Parker. Bertram Jacobs, l. F. Young, Paul Chalifoux Sanborn Smith. | J. E. Shelby, Charles F. DeBardeleben,
 M. P. Phillips. R. M. Jenkins. J. W. Don
 nelly. Culpepper Exum and ". G. Oliver. | MT. Donnelly consented to act as gen. 1 eral chairman of the committees or eanized to get up the $59,Ooo, and make the 1 Tutwier literally a Birmingham con | cern. The committees consist of three | men. all of whom were given names of prominent men who expected to bs willing to subscribe at least Sl000 toward | the Tutwiler hotel. The bonds are pay
 able on easy terms and they have been
 sold lately with little or no difficulty | In connection with the faith placed in | the security by well yersed business men | it was announced yesterday that I. w.
 Donnelly subscribed si000 for his daugh- | ter, Miss Annie Blnn Donneiy, while J. | D. Moore, the well known merchant said | he had advised his to take one of
 the bonds for an investment as it required | the saving of s3o0 per year for at least | five years.
 | Robert Jemison. Jr, and George c. | Crawford we'll as Major Tutwiler and John l.. Raul, all of whom have. labored | for three years 10 finance and construct
 the hotel, were enthusiastic over the CO.,
 operation yesterday by the representative | body of local men. They all said 1t iu-
 dcated spirit in Birmingham. which would be of untold value to this com
 munity.
 q am greatly pleased with the way the | local citizens have volunteered to assist | US clean up the remaining $59.000 of bonds | of the Tutwier.' said Robert Jemison, Jr. 'They have come to our aid with contagious enthusiasm. and we appre- ! ciate it. You know we have worked like
 trojans, and I am personally very weary with the grind. It is refreshing to find 26 men such as met us today who are SO
 pleased and willing to help us handle tho | remainder. There has not been one cent paid for bond sales stock sales or conn
 mission on the hotel site, and we did not think 1t was to our general interest to offer any commission house a commis- sion on the few remaining bonds. We had to do that or make the directors un- derwrite them of get help from the public | spirited citizens of this community. We wanted the latter and secured it with | amazing promptness. For this l am grateful. I believe these committees will be able to report all the bonds sold today | at luncheon. and 1 hope the Rotary club will be able to announce at its next meet ing that every cent of the Tutwiler has | been subscribed in this city and that the | financing has been completed, and that no one secured any fee or commission. l That is record that l am sure everyone
 interested in Birmingham will feel proud of"