The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1916-06-28
Ben Johnson Outlines Proposal Of Capt.
alisI at Dinner Club Meeting Prom
ises Best Building Of Kind
in State
SIX-STORY STRUCTURE
lOOXl65 Fl. PLANNED
Taxes On Added Outside Capital Would
Keep Up Junior High School Bonds,
Banker Declara reau to
Consider Deal

A six-tory, quarter million dollar no.
tel is a possibility for Chickasha, ac-
cording to statements made at the
meeting of the Mems Dinner club last
night by Ben F. Johnson, of the First
National bank.
An outside capitalist is considering
erecting a six story building. 10Ox165
feet not the largest but absolutely the
best hotel in the state of Oklahoma,
il the people Of Chickasha want It
done, Mr. Johnson announced.
Rumors of the possibility Of new
hotel for this city have been circulat-
ed freely on the streets for weeks, but
not until last night had any definite
statement been made on the matter
by anyone connected NTH H. Two
sites for the hotel are being consid-
cred.
Mr. Johnson discussed briefly the
great need for good hotel in Chick
asha. He stated that there were
many travelling people who never saw
Chickasha because there were not ade-
quate hotel accommodations here. that
the town was losing an immense
amount ,f ,,avan,,a From, thic oou,.oa
alone He then told of interesting an
outside man in the matter, and finally
OF obtaining a proposition from him
to the people of Chickasha
Everything that a city obtains, it
must obtain at the expense of some
effort" he said. "The state told us
that they would locate the Oklahoma
College for Women here if we would
deed them 100 acres of land, and this
same method OF doing business is ex-
tended clear down the scale Of busi
ness transactions to the backyard de-
partment, where the father tells his
son that if he will pick up the chips
around the wood pile, he will give him
4 dime
'"This method of give and take has
become so prevalent that it is now al
most universal in deciding the loca
ton Of large private enterprises" Mr.
johnson continued Since there are
many cities willing and glad to give a
bonus for the location of large private
institutions of quasi public charac
ter. it becomes necessary that others
meet the same conditions"
The proposition was this: The out
side capitalist wanted TO build a ho
tel in Chickasha if the people were
willing to do their small part. For a
bonus Of $4,000 he would erect the
building in this city. though two other
places we're clamoring for chance at
a similar offer.
viii Save City Money.
~And it is a fitting topic to discuss
under the subject Of Thrift, Mr.
johnson continued in his talk. For
$4,000 you can get an investment Of
s250.O00 of outside capital in your
town. A few months ago we voted
bonds OF $4,000 to put up Junior
high school building. If this foreign
capital comes in. taxation revenues
from it will be sufficient to pay the
interest on these bonds and supply
the sinking fund necessary to redeem
them when they are due.
IN other words. by the payment Of
$4,000. the people of Chickasha can
obtain a tax revenue sufficient to buy
and pay for their new school building
And the revenue vim continue after
the building is paid for"
OF the bonus. $500 is asked for
when work starts on the structure and
the remaining $500 when the hotel
is in operation.
It is understood that :he develop
ment committee of the Commercial
and Farm bureau win consider Mr.