The Birmingham age-herald., 1915-03-30
LOCAL MERCHANTS
 |NDORSE BOND ISSUE
Resolutions Adopted at Meeting of Protective As
 sociation Last Night

A strong resolution in favor of the bond issue was adopted by the Merchants Pro teotive association at largely attended meeting held last night on the sixteenth floor of the Jefferson County bank build ing, and a committee of 10 active mem bers, headed by Adam Pow. of Ensey, was aponted by John W. O~leill. presi- dent of the association. to energetically assist in the movement for favorable vote for the issue regarded as one of the most vital developments in this com munitys history.
 The resolution which was presented was adopted by unanimous vote and several brief talks, strongly urging that every influence be exerted in favor of the bond
 issue, were made by those present. The resolution, which was presented by Adam Pow and seconded by William A. Spencer of the Consolidated Mercantile company at Wylam, was as follows:
 "Whereas, The city of Birmingham just ly owes S1, 1,250,00o most of which Is for permanent improvements now owned and enjoyed by the city; and,
 .sWhereas, This indebtedness was hon estly incurred for the benefit of the city i; and
 Whereas, The bond issue to be submit ted to the voters does not increase that indebtedness one iota, but merely gives additional time for payment at reduced rate of interest; and,
 Whereas, The floating of the bond is- sue will distribute more than a million dollars of cash in this city, that indebted ness being now held by local banks and business mem and
 ''Nvhereas, The turning loose of that much new money in the city of Bir- mingham at this time will greatly stimu- late business in every line; and,
 "Whereas The defeat Of the bond is- sue will oe regarded in the financial world as the equivalent of the repudiation of an honest debt, from which it will take many years for this city to recover; now, therefore,
 Be it Resolved That we, the Mer- chants Protective Association of Birming- ham. do hereby cordially indorse the proposed bond issue and we do hereby urge every member of the association to vote and work for its passage at the polls:
 Resolved further That the president of this association be, and he is hereby authorized to appoint a committee Of such number as he thinks best from this association, not less than 10, whose espe- cial duty it shall be to work for and on behalf of said bond issue in cooperation with such other committees from other
  until election day.
 The committee appointed to aid in work ing for the bond issue included Adam Pow, of Fnsley, chairman; W. A. Spencer, of Vivian; B. S. Sims and J. c. DiclSin- son, of Avondale; J. l.. Thornton, Of Woodlawn; NJ. V. Joseph, John w. O'NeiIl. Sterling A. Wood and Henry F.. Beaumont of Birmingham; J. E. Burks, of West End, and George D. Britain, of North Birmingham.
 Henry r. Beaumont, secretary Of the aassociation in report brought out the in- teresting fact that a straw vote of one half the membership of the "M. P. Az as it is known now, showed 95 per cent majority irl favor of the bond issue now being agitated and concluded by the state ment tha1 the finances Of the association were now in good shape. for the first time in it's history.
 A called meeting will be held in a few days, probably early next week. at which Sydney J. Bowie chairman of the bond issue campaign committee. will discuss the subject.