Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-03-27
VIRGINIA BUILDING
AS W0MEN'S HOME
Meeting Decides on Property at
Fifth and Main as Apart
inent House.
FINANCIAL PLAN IS ADOPTED
Stock to Amount of $4,000 Will
BE Sold to Furnish Necessary
Capital.
FINANCIAL PLAN is ADOPTED

Definite decision 20 sell stock 10 tho
amount " sil"ooo. with which 10
purchase the Virginia Building. at
Fifth and Main streets. as an apart
mont house for business and prot.s-
sion;,i women OF Richmomd, was made
last night AT a meeting in the .Icffer-
son li"tcl o. those Interested in IN.
The property has been offered for
TINS purpose at consideration Of
S!ov."uV y first mortgage OF sGo.0uO
MIL he assumed by the purchasers.
sale OF stock. Will hc applied 10 pay
men. Of ;hc balance OF tho purchase
price. and $4,000 is TO be held az
Mrs. I!an v. polhil. chairman OF
The housing committee. gave notice
That she would cali within the next
few days a mass meeting of those
backing the project. TO discuss plans
possible moment. in order that all AR
rangcments may be made to take over
the property tor use on September l.
Plan In Heartily ERdorsed.
subscriptions OF about S2e,ooo al
ready have either been made or prom
is:d. many o. them by business wo.
apartment; house their home. No doubt
vas expressed last nisht III any quar-
ter that the plan Will DC entirely sue
coSsful. since IL has the backing ana
IS every organized and individual in
tcrcst in the city.
The nrs. financial plan. as presented
h.: Attorney James w. Gordon. CON
;cpIp!utcd assumption Of the nortS-
age. issuance OF bonds 10 take carr
%! the balance of the amount needed
and ;hc selling Of S2",ooo worth o.
sioHk for working capital. ne o.
ove", az an alternative, and COMMENT
ed IL as the better scheme.
Shafes OF stock in me enterprise
Will sell tor $40 par value. ,,.
The building, located close 20 tho
6r,ucial district OF the city, but in a
good residential section. can be mada
10 furnish about tifty-st% rooms. n'
sides scyera, others which will nc
us.d tor various purposes in common;
/, is estimated that eacA ~ ,Aeh ~"
rent for $50 month. an' lnit c"h-
siderable additional income md! r'e
had by the rental to business peoris
~: sn:,fc not available for roomins
PN' ,:.pect s2I. 900 Income.
agaTss spbnis,sa oi sput w &s N costs 81
operating the building shomlGd Goo not ne ne
u exessSi i hc was n a1s. S,a& o' Of 'H nostess
managcr. whose salary will be. IN au :
iition 10 her room, about sis'o
The opening Of tic apartment house
viii iii a long-telt need OF the bus'n,ss me-
ana professional women OF tns ~, -
stsw hut a home in tho rcal sense OF
the word. where they VIII nave ne
comforts and attraciiveness thmt caM :. =
well appointed Many women, IL WAS
declared last night; have been Yep; "
from coming TO Richmond' ece-tur1 t,,r4i Oh -,
such a place as this promises TO be
Mayor George Ainsiie heartily taw,ns
ict n ~ A
from appearing personally at t!'G meet
ing and voicins MS an3nrorai;, ,.h NE ;,,n.!: WaS
represented by wdcns NM iTisiSn n,Sfolm OF The
City Public Employment Bureau.
Mayor .llnslie." she, said; "reaucsiS ).
plans for this home. hut ne consratu. :.
iatcs YOU upon having such plan"
idrertisers' Club ,;s I:ndor.Gs. no
Marvin s. Knight, representing inc
Richmond Advertisers Club. told the
women that that orsaniza lion Is oack
OF the movemenj near! ana sHui 'nu 10
power to bring The matter to a success
ful conclusion.
j. II. Binford, assistant superinten-
10 the city. 4 forward step, that can, can;
nc, he ;aken s5n; tG% SSnsiic;ai SSHs r TO teaen
erS following taeir profession IN ittcn :
mond. but coming from homes outside
plan also by Mrs. stuart Mct;uire. who.
y trained nurse herself. spoke on he
half OF the members of that profession.
Nurses. she declared. are in especial
need OF such place. promising 10
them the uuie:. comforts and rcstfui-
ness OF It real home.
Mrs. MunfOrd Interested.
Mrs. Il. Il. Mnnford said she is ;re-
,nrndousiy Interested believing the
movement TO bo iraught with results
fer good that cannot he measured in
the ordinary way, She told of the
oJuI eul vi oSU Sir"N JAI5Ml soi5SfnLlS s
OF many difficulties to huy the wo>
mans club and liow success came with
perseverance and vision.
Mrs. Polhili presided and Mrs E.ndora
Ramsa" Richardson acted as secretary
OF the meeting: Several OF the lead :
ing women OF Richmond. besides those
ment ioncd spoke and expressed abSo-
lutte confidence in The success OF the
plan.