Americus times-recorder., 1920-05-02

Following are the initial subscrip-
tions of $1,000 or more: L. G. Coun-
ell, $4,000; Frank Lanier. $4,000;
c. S. Glover, $4,000; Harold Bros,
$4,000 Walter Rylander, 1900;
Frank Sheffield, $1,000; John Shelf
field, $1,500; Moreland-J Co.,
$1,000; H. L. Mize, $1,000; j. L.
Poole, $1,000; ]. E. Hightower, va
cant lots valued at 1000. Other
subscriptions ranged from $500 each
to $1,OO, the par value of one share
of stock.
1t is the plan of the corporation
to erect at first ten cottages. Wheth-
er acreage will be obtained and de-
veloped as subdivision of the city,
or whether vacant lots now available
as suitable building sites, with i'm
provements already in will be used
has not yet been decided. The ma
terial will be purchased in car lots,
at large saving over individual con-
struction, and the work will all be
done by one organization.
Because of the acute need for ad-
ditiOnal houses, and the ready de-
mand for desirable homes, it is be-
heved the first ten houses will be
sold before their construction is COM
plete. According to the plans, as
fast as the homes are disposed of,
new structures will be put under
way, and The capital used over and
over as long as the demand contin-
ues. Although a purely patriotic
movement, designed to obtain houses
fnp A
here may be enabled to remain and
that otner people desiring to move
here may find homes, it is confident4
ly believed by those behind the en-
terprise that it will prove an invest
ment of moderate profit.
Mize Ideal Leader.
In H. L. Mize, those behind the
movement believe they have the best
qualified man for the place of pres
ident in Americus. Mr. Mize is the
owner of a large number of houses,
most of which were built under his
order and direction. He is a man
of the soundest business judgment
and strictest integrity, and the fact
that he consented to accept the lead
ership of the organization is said to
have been the deciding factor in de-
termining the action of those plan
ming the organization.
Il feel-as we all do-that we
are most fortunate in getting Mr..
Mize to take this place" said Mr..
Glover. "The committee seemed
about ready to give up the plan en-
tirely after Mr.. Mize and Mr.. Has1
rold had both been asked to accept
the presidency of the organization
and had refused, when Mr.. Harold
proposed to Mr.. Mize that if he
would accept the presidency he him
self would act as secretary and
treasurer and take a great deal of
the burden off him. Mr.. Mize then
agreed on that condition, and the
rest was easy"
Other Building to Go On.
The ten houses which the syndi-
cate will erect will not be the only
home building that will be going on
at the same time in Americas, it de-
veloped yesterday. In connection
with the subscriptions announced
above it was stated that in addition
to their subscriptions for $4,000 of
stock, Harold Bros. have already
contracted for the construction of
two homes on Harold avenue, and
Walter Rylander has arranged to
spend $4,000 in converting the old
Wheatley home on West Lamar St.,
into an apartment house.
Announcement was made yester-
day of subcommittee of the Cham
Der of Commerce for the solicitation
of subscriptions to the corporation,
composed of the following men: E.
B. Everette, chairman; w. S. Kirk
patrick, w. E. Taylor, J. E. High
tower, and R. E. Allison. This COM