Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-04-19

Thor hs- s.rp,t ct,I been pyo.
feet pr,sut,d Go thr r,p'r Il Anna
fllu. viii has met ~, universal ap.
rioyal m the p.uulr 80 NEARLY ls du's
o., proposition iur thr new nUtoi ANA.
u'iU. TINS b. evidenced D., M, almost
universal suhervti.n 20 sio.t ihlt -
pouring in 90 th, soliciting committees
More than g.; ono worth of this stn,k
AS sold duug ibr first da, of the
campaign TINS proposition ippsals Goo
rt"ry one h.tusU th,r kr,s Auuli.
iD uo~ls WuIr adequate uutrl facilities.
and Pee. Gus. 90" pres suit hotel building.
ground. iuiniur.. fixture. tui every.
hing connected with the business ~
"ing pui Boo 100 the organization plan
q value 81 $500 nur. Whirh i. admit
Ted iy everyone iu hc "a most reason.
adj. tLuaii.u iur ibis pinc" 81 proper.
f, % lurlud,s tour sturS building
baNiiU feet Boo dimension Including a
tull hiS,rl'ni. ana ls0 feet ~ most dc
sIrsthl' property located right ~ the
lcaft ~ the cit,. midway i,tw~.u the
Whnl, sale aud retail s'- lions 90 The
80 anu HNNNN'f.'N. NfH NNNN UNIV y INV -
.tatlors IA th,f evidence - this
.sns1n,hlr Valuation one nr'd only
point Co. ihs f"r'ni transfers 81 real -
ate inst have tak'n PlNr, in Amarillo
md romI1r' this with the prices that
have been obtained from thr~. ..ilrs
from Wni,h 70 vii D." seen that IN" 10
,sl Amarillo proo'rty has l--n given a
most conservative value.
How Company l. Financed.
The financing 90 fthiS nrV company !,
this The present pr'a-riS has been
valued NJ $500 900. There N sf40 600
against this property. Subirsciing this
$4,000 from the iyOo ooo leaves 500.
100 which rcpr.~onts the present own
rr rluity. lir is taxing this amount
4 stcuk for his equity. forming a $3.50.
100 company. sclhng the remaining
SEQ 00V Of the Stock 10 the IHoplr -
Amarillo. and with this $3.50 900 u u
PROPOSED to tr',t . modern nNc story
ire proof hotel building IN N" three
lots adjoining IN" present hotel a. the
ior,h Tn, ii5O 900 realized from the
ale u this stuk viii not, ~ course.
finish and furnish the building but H
haas been arranged that han ~ $40.
700 shall bc forthcoming vh,n the $780,
30 has teen spent 80 that the build.
ING may BE- completely finished and
furnished. This viii leave the CompaHy
owing $500 oO0. which viii BE- extended
Yer a iung pcfi,a - tirn. % q l0w rate
4 interest ~ the earnings from the
,gSin's- VIII gradually psY uff the Ia
l-htrdnsss IN addition O. paying diVi.
lend Tor the stockholders az time elss
y. Tn. reason Tor Keeping the capital.
Iaticu ~ low as possi'.'. b. that in time
no dclis Wlll have l.-n paid off aud
he Stock will consequently become
cry valuable
Amarillo l. Ecund To Grow.
In 1889 the official census showed
hat Amarillo had az people. IN 1900.
l.4ls. an Increase Il 100 Per cent: IN
1910. 1907. an Increase ~ 500 per cent;
1899 1894. sn Increase nl 90 per cent.
rakiRg the average incrras per dead.
yer this period. u can easily BE- s'cu
I .ha, In 1859 Airsr.iio viii have sass
,sopic. Th.sc figures shnI'i must u'r.
I aiuly Justify il. contention - those
yhu az. Z st,rir- the rev hotel that
his hotel Will o. needed and vii pay
Ioud returns
Tn. rev Hotel Amarillo viii De- en-
ir,ly community -Gtcrp5is. and must
ave ihr luyal surpuri % every ciiizcn
n Il cannot De- built" says Ross T..
Rogers. campaign director =, repre-!
snts a safe and practical business in