The Leon reporter. (Leon, Iowa) 1887-1930, 1920-06-03
MUST DECIDE ON FAIR
Unless Sufficient Additional Stock
is Sold this Week the Fair will
be Called off for This Year.

At the meeting OF the stock
holders Of the Decatur County FAN
Association held at Leon last Satur,
day, there was a strong sentiment
in favor OF going ahead and holding
the first fair this fall as originally
planned, but the directors had de
cided that unless considerable more
money could be raised by selling
more stock, they would not be able
to-finance a fair this year on ac-
count of the condition Of the money
market making it impossible for
them to borrow the money to erect
the necessary buildings, and it was
finally decided to put on a stock
subscription sale this week, a num-
ber volunteering to spend their
time soliciting for stock, and the
solicitors will make their report
and definite action as to whether q
fair will be held this year or not
will be taken at a meeting to be
held in Leon on Saturday OF this
week.
In order to give the general nublic
full information on just where the
fair proposition stands we have
secured the following figures from
the officers. The association pur..
chased the Bert Woodard farm OF
S36,soo. On this land they have have
land. and Still owe the original
owner $4,000. They also have out
standing warrants amounting, to
$500. The association has about
$4,000 due them on SUBSCRIPTION
due until next September. In ad-
dition to their big equity in the land,
they have quite an am ount of money
tied up in horses, and farming i'm
plements which are being used , in
farming the land this season. me
fair association bought this l6O
acres of land before the big advance
! in real estate, and they have been oi- d.
amounts to $1,000, which if they
decide to abandon the fair, and sell
the Woodard farm would give the
signers of the $2S,00O worth OF
stock which has been sold, dividend
of 40 per cent.
The association has sold in round
stock, the money, having been IN,
the $4,000 still due on subscription
notes. The association thought
thew had arranged to borrow the
big sum which will be necessary to
erect grandstand, horse. hog and
cattle barns, and make the other
improvements, UuI WAcA IAS AAoAS.
market tightened down some weeks
ago. they could not secure the
money, so they We're up against u.
If; the soliciting committees can
sell twenty or twenty-five thousand
dollars worth of stock this week, to
furnish the money to make tne
necessary building improvements
they will 60 ahead and hold the fair
as originally planned, but unless TINS
can be done, it looks as II there was
nothing else to do but to call the
fair eff for this year.
Everybody wants to see a fair heid
this year if possible, for the 1alr
fever has spread all over the
country and the old county fair has
come back. In neighboring counties
where fairs have been held the past
few wears they have been a pig
success and the fair association mas
made good money. A fair for De-
catur county is wanted and needed,
but the only way to secure 1t is TO
get behind the proposition with your
stock subscriptions. A number OF
the original stockholders have sign
flied their willingness to take ad-
ditional stock, and it is up TO- the
live stock breeders and the public to
get back of the fair with their sub
scriptions this week, and if they 90
the officers will put on a real talr
vet this wear. Get behind the fair,
and act quick when the soliciting
committee calls on you. A fair is
worth a lot to the county, and we
cannot afford to let it drop even Tor
this wear