The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1921-08-20
All Details of Plan of 0rganiza-
ton Submitted by Committee
AT Luncheon Yesterday.
OFFER $1,000 PRIZE
FOR APPROPRIATE NAME
Report Of the Special Commit
tee Was Unanimously Adopt
ed by Vote of the Club, and
Work Of Organizing the Com
pany viii be Gotten Under
Way Immediately.

Way Immediately.
Efforts to prevent Brunswick's
street car lines from going to the
scrap heap took tangible shape at
the weekly luncheon Of the Bruins
wick Young Mems Club yesterday,
when the special committee which
has been handling the matter, sub
mitted its report N detail, together
with the plan that has been worked
but to save the car lines.
This plan Of reorganization calls
for the formation of stock company
to take over by purchase, the prop
erty of the city & Suburban Com
pany under certain specified condi-
tions, which practically assures the
success Of the new enterprise. Work
of organizing this company will be
taken up immediately.
Eyafy member OF the Young Mems
Club wilIfbe Included among the In
coroprators Of the company. and al
will subscribe to the stock. in vary.
ing amounts. However stock sub
scriptions will not, BY any means be
confined to the membership, but on
the contrary, It Is hoped to interest
every citizen Of the city possible IN
the pan. And Il ~ sriannrgI to get az
many small stock subscriptions as
will be needed to provide the neces
sary funds with which to carry
through the deal.
Immediate extension Of the lines tc
Arco is one of the leading features OF
the plan of reorganization, and this
is counted on to place the concern on
self-sustalning basis II Is proposed
also TO inaugurate other changes and
betterments, as recommended by ex
perts, and to start with clean slate
on "a definitely organized basis alonl
lines that are considered sound. anC
such as to produce sufficient reve
nue. to pay expenses of operation, anC
q small profit.
IN submitting the report Chairman
@. c. Smith, Of the committee, wh'
ia practical railroad man, state'
that he had made an exhaustive ant
complete investigation of the stree
ear situation, and that he Is convtnc
ed that theg local car lines can b
placed on 1 paying basis, II the plan
outlined are adhered to-
Investigations OF the committee dis
closed. said MIR Smith, that the jun
value of the property Is approximate
ly SS7. 1000, and It Is estimated the eN
pense OF dismantling and taking n
the track would reach about $4,000
leaving the net junk value at not 81
ceedlng $4,000 These figures ar
substantlated by the recent report q
HARDY Groom, an expert In the en-
plov of stone 4 Webster, who mad
an investigation at the invitation O
city officials.
Mr. Croom's report also expresse
the belief that the lines could he plo'
ed on a selfsustainmg basis, II IN
proposed. plans are carried into @
feet.
II Is proposed 10 capitalize the me-
company At $4,000, an omoont COT
sidered sufficient to buy the propert'
extend the line 10 Arco, with enouE
ieft over to keep up necessary repair
for the arst year. and 90 pay inc
dental expenses ~ operation.
In appreciation of his splendid wor
MIR Smith was made an h,noror
lite member Of the club, sitter whic
the report WAS unanimously adop'r
aud the committee authorized 10 pr
coed a, once with organization ot n
company,
Offer 5000 Prize.
The Club authorized the offer of
prize n $1,000 to the Brunswick ct'
zen who suggests the most apNro
riate name for the company which
10 take over snd succeed the CITY
suburban Railway Go Suggestion
arv invited from all citizens. and ma
be ia the hands OF the committee "a
later than next Tuesday,
The name ~ W HI Johusoo. lcc
manager os the Pisgly wtsgly siov
vas presented for membership. N