The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-06-28
First Reports Made at Chamber
of Commerce Today.
TOTAL OF S25,5O0 RAISED
Bank Savings Life Insurance
Co. to Take 100 Shares.
Battalion Led by Major Webb
Makes High Score.

STOCK IN the Iopeka Hotel company
announced at their first noon luncheon
the sale OF 24S shares of preferred
stock and seven shares of the common
stock of the hotel company-par
value, 800 per Understanding for
$25.500 Of the 100000 worth of stock
to be sold.
On top of the reports of the various
teams today, the announcement was
made by E. H. Lupton, 'one of the
trustees of the company, that the
Bank Savings Life Insurance company,
of which he was president, would take
100 shares of the preferred stock Of
the hotel company, and that check
for $4,000 would be Immediately
forthcoming.
After the cheers which greeted this
announcement had died away. it was
announced that the 100 shares would
be credited to the record of the team
which makes the highest record
Wednesday.
webb Makes High Score.
The battalion led by Maj. w. W.
Webb scored high today, with a total
of sixty-one shares of stock sold. The
battalion was presented by o. B. Cuff
Ter, general chairman of the teams,
property each day of the winning
team. Another flag is to be given to
the team which makes the highest
score for the entire campaign.
Major Webb's team greeted with
shouts of derision the threats of other
asserted that they might as well have
the second flag now as later.
Reports From Team Captains.
The detailed reports from the cap
tains were as follows:
.T,, Eoia hat
Capt J. E. Rosebrough. shares preferred
Capt Q. H White, 5 shares, common,
Capt. ). L. Hersh. shares preferred.
Capt. E. F. Strain. 3 shares preferred
Battalion total. shares common, "a slares
IN Major clifford pudiey's battalion
Capt. L. e. Guild, shares preferred.
Gapt r. ear,s r. .ha,a share nrefeerred
Battalion total. 16 shares preferred.
In Major Robert Fullerton's battalion
capt " 6a%son shares shares Preferred
Capt c. d. Spickerman, share preferred
Capt. c. A. Moore, Il shares preferred.
In Ma5or to W. W. Mebbs ssbss fpetefhe battaioh
Capt. Holmes Meade, shares preferred.
Capt George W. Stansfield. 80 shares pre-
Capt w B. Gasche, 1 share preferred.
Capt Harry Endlich, 16 shares preferred.
Capt, F. P Smithmeyer, IL shares pre-
Battalion total, 81 shares preferred.
In Major Glenn L. Bybee's battalion
Capt Ben n. Abels, shares preferred.
Battalion total, shares common, shares
preferred.
Total for the campaign workers. seven
shares common, 14S shares preferred
Win Honor Certificates.
Several honor certificates were won
today. To John F. Norton, grain deal
er and long time resident of Topeka,
was given honor certificate No /, for
the purchase of the first block of
five shares. To Frank c. Beck.
trustee for the company, went honor
certificate No. 10 for the purchase of
the first block of ten shares Other
purchasers of ten-share blocks were
Charles Barnes, John Marsh, and E. A.
Fiad. Honor certificate No. 100 was
given to the Bank Savings Life insur-
ance company for the purchase of the
100 share block which was announced
today.
Busy in Next "a Hours.
I'VE expect to do the biggest share
hours" General Chairman Cutler told
the men at noon today. Many of the
workers are spending this afternoon
at the job. and all will meet at 9
o'clock Wednesday morning at the
Chamber of Commerce to start their
campaign again from there as they
did this morning. The teams did not
leave the building with their instruc-
tions and equipment until past 10
o'clock this forenoon, and stopped
work in time to get to the luncheon at
1915 O'Clock.
There was no lack of the Lets Go"
spirit which has been adopted by the
workers, at the luncheon today. There
will be results from the competition
which developed early between the
teams.
Prospect Lists Sorted.
The prospect lists were sorted again
today, team captains selecting the
names of the people whom they wished
to see. When all the prospects have
been chosen, those who are left will
be assigned to the teams without re-
gard to preference.
There will be a meeting of the di-
rectors of the Hotel company at the
Chamber of Commerce at 1890 O'Clock
tonight, to take stock of the start
which has been made on the CAM
paign.
Bankers, Back Hotel Plan.
Corroborarnig the estimate of the
vaiue of the preferred stock as an in
vestment which is placed upon it by
the directors of the hotel company.
several Topeka bankers today indi-
Gated that the stock as issued would
be acceptable collateral for cash loans
from their banks.
''Basing my statement on the physi-
cal valuation. and the backing of the
project, it should be acceptable as coll
lateral up TO IS per cent of its face
value" S. z. Cobb. president of the
Bank of Topeka. said today. THE
value is there, and the stock is suffi-
GENTLY guaranteed Loans secured by
stock in the hotel company would be
payable all right, when due"
Appraisal Made on Merits of Stock.
The bankers were asked to make
their appraisal solely on the merits of
the stock, and the soundness of the