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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Oct. 8, 1904)
ASTORIA, "OREGON, SATURDAY, OCTOBER 8, PAGE EIGHT. LAND OWNERS WILL HELP MOVE FOR MODERN HOTEL Proposal Arouses Great Enthusiasm and Many Sites for New Structure Have Already Been Offered. Prominent Citizens Attend Second Mass Meeting, Hear Preliminary Report of Committee Named on Thursday Night, Pledge . Support to Proposal and Adjourn to Tuesday Night to Hear Final Report. Tht hotel proposal is rapidly assum ing definite form. Messrs. Harrison Allen. A. M. Smith and W. E. Schimpff, the committee appointed to canvass entiment, reported at a second mass meeting held last evening, and their verbal report was most gratifying. Several heavy property owners have offered sites for the building, because of Its influence on property values and It is certain that many other sites will be offered. The men who have agreed to give sites realise the vast benefit which the location of the hotel will have on property values, and per haps. this factor has been as influen tial as the desire to assist Astoria. Briefly stated, the hotel proposition occupies the following status: Every one who has expresed himself Is fav orable and ready to lend his financial assistance; half a dozen sites have been offered, the owners agreeing to take stock to the amount of the value o& their property, and In some In stances donations of sites have been tendered, the property owners ex pressing a desire to further assist by taking large blocks of stock; just as soon as all the proposals for sites are In, organisations will be effected, the most desirable site selected and the stock books opened. , A Routing Meeting. Last night's meeting was a rousing one. On the previous evening only about SO men were present, but last night the capacity of the Chamber of Commerce was taxed to its utmost The meeting got down to business when the report of the committee was pre sented. It was addressed to "the citl sens of Astoria who are interested in securing a modern hotel," and was as follows: . ' "We, your committee appointed to confer with the business men of As toria in regard to financing a hotel proposition along the" lines Indicated at the meeting held last evening, most respectfully report that we have been very much encouraged by the inter est which has been shown by business men in the project '. "We have every reason to believe that there will be no difficulty what ever In securing the full amount of tock subscribed to the hotel and guarantee C6mpany, provided the money to build the hotel can be se cured on the first mortgage bonds as w-oposed and proper location is, se lected fof the hotel. '-' "the selection of a proper location ts one ot the most Important questions, as the parties agreeing to take the bonds will, of course, want to know what site the hotel Is to be located upon, as well as the plan of the ho tel. "We have interviewed several prop erty owners with a view of securing a good site for which the owner will ac cept bonds of the company as pay ment Among the sites that have been proposed is one, 1001 feet by 125 feet, facing on Fourteenth street, Puane street and Exchange street, and on the east side of Fourteenth street, and whoh belongs to the Taylor family, but, owing to the limited time, we were not able to get a definite propo sition upon this site. Vpon the oppo site side of the street a site 100 feet by 125 feet, similarly situated, can be secured for J10.000 in bonds of the company. We also recommend for consideration a site of 100 feet on Commercial street and running back 125 feet to Dunne street and facing up on Fifteenth street on the west side of the street the property occupied by August Panielson which would make an admirable hotel site, and would make a revenue producer from the start on acocunt of the stores that could be rented on Commercial street, the south end of the lots being amply high above the water line for base ment rooms; but, owing to the fact that Mr Gratke. who owns one of these lots, ts at present out of the city, no definite proposition could be secured upon this property. We think that the hotel should be constructed near the business center of the city, so that the ground floor can be utilized for stores and thus Insure an Income In dependent of the hotel for the pay ment of Interest on the bonds, and at ttma ura think that ronsider- luc Daiiit ... - ation'sliould be paid to the tendency and direction' of the future growth of the city, so that as the city grows the" site will Improve in value. "We would recommend that the committee be given further time to secure definite offers from the various property owners who have available hotel sites, when a meeting can be held to consider them and .the proper site selected and then a corporation be formed and subscriptions to bonds and stock be opened and the town thor oughly canvassed, and we have no doubt of the success of the venture. "From our conversations with vari ous business men we are Inclined to believe that the plan of financing the proposition ought to be changed, so that the hotel and guaranty company will guarantee. Jh . ?P bonds for 26 or 30 years IhDtead of 0 years. Very respectfully yoursi "A. if; SMITH; "W. E BdHiMFf, "HARIUSON ALLEN. "Committee." Messrs. Smith, Allen and Schimpff explained the matter at length. They stated that they had informal talks with several large property holders, all of whom expressed a willingness to assist financially, and that several sites had been offered. However, they wanted further time, as they were un able at last night's meeting to give a detailed report, such as was expect ed of them. Their wishes in the mat ter were respected, and at a late hour the meeting adjourned until next Tuesday night at 7 o'clock, when the committee will nuike a final report, submitting all the site proposals re ceived. Then the hotel company will be organixt'd, a site will be selected mid the work of securing the neces sary funds will proceed. All Are Enthusiastie. The enthusiasm which characterized last ulcht's meeting wns of the old time order. The city was well repre sented, and the discussion brought out many admirable ideas, F. IX Keutt ner evinced lively Interest In the pro posal and his advice wus listened to with Interest. He was one of the orig inal hotel agitators, stands close to Mr. Hammond, and last night pledg ed his persotml support and said he was satisfied Mr. Hammond would as sist. Architect Lazarus was present Mr. Laznrus has already started upon pre liminary plans, and will do everything in his power to assist the venture. He said last night that he had the utmost faith in the hotel scheme, and he was so well satisfied that it would pay that he offered to prepare plans and accept his fee in stock. "1 would much pre fer stock to cash," said Mr. Luzarus. "Stock would be a good thing, for it would net me a sure return. Among the other men who pledged their report were ex-Mayor Uergina.ii, C. H. Cooper, E. Z. Ferguson, C. M. I'eller, Dr. Ball, Frank 1 Parker and J. S. Delllnger. Mr. Delllnger was willing to subscribe for several shares of stock and pay 25 per cent or more of his subscription Immediately. D. H. Welch believed the hotel As toria's greatest need. He said he would offer a site near the business section and that he would agree to have a committee of three appraise Its value. Then he would consent to have the valuation decided upon by the apprais ers cut in two, and he would take stock to the amount, not asking one cent of money. This is a sample of the offers made. Mr. Welch's offer will be con sidered at the next meeting. It was agreed last evening that the location of the site was most import ant, and that it would be wiser to pay $10,000. or J 15,000 for a good lo cation than build upon one of less business value, even though it were se cured without cash outlay. By giving the committee a few more days' time, definite proposals can be secured from property owners who have not had time to consider the mat ter, and the matter can be sifted down to a business basis. ... , One thing Is certain the hotel is as sured. The sentiment Is firmly estab lished and the present movement will not be brought to an end until work on the building is commenced. Confessions of a Priest Rev. Jno. S. Cox of Wake, Ark., writes, h'fit ii rari I suffered from yellow Jaundice. 1 consulted a num ber of physicians and tried all sorts of medicines, but got no relief. Then J began th use of Electric Bitter and feel that I am now cured of a disease that had me In Its grasp for 12 years." If you want a reliable medicine for liver and kidney trouble, stomach disorder or general debility, get Electric Bit ters. It's guaranteed by Chas. Rogers. Only 50c. World's Fair Rates Extended. Through the efforts of the GREAT NORTHERN RAILWAY, world's fair excursion tickets will be sold on Oc tober 27, 28 and 29, in addition to Oc tober 3, 4 and 5. For full informa tion apply to any Great Northern agent M TTT..,t,llll.TTTTTTTTTTTTlIIlITIIIIlllirimillHlIAIfIIIIIIHlllIlimXXmiH HAND FINISHED CLOTHING coRRiawiuowrnoM DJiiwenheimerkG AnnTlcals Loading ( Jothes Makers OliatiO NtWMWK- BOSTON . H - llli l i tn r ' ' l' m I farm iii nv ati Imml mm itf run' it J Mm? Mm- dopvridht ioo iy B KupfwnhimrCo Chlj0 life Thcro is a tliflurenco in CLOTHING as well as in every thing elso. You can buy chenp clothes ami kick about the fit and wear, and you can buy good, honest, liund mudo garments. When Herman Wiso tells you a suit or overcoat is all right, you may depend on it. IT'S SO. 25 years' experience and reputation behind every sale. HERMAN WI The Reliable Clothier and Hatter. i tiiimum tttttt uttmintimiiitm i iiiiiIITTTTTTtttttttttttttttttttttt Assessment Relol Complete. County Clerk Clinton yesterday completed the work of extending the 1904 assessment roll as equalized by the board. The board made correc tions that resulted In a reduction of 1101.762, the total original roll amount ing to $4,723,124 and the total as equal ized to 141621,363. The total of the equalized roll was found to be but $8132 more than that of Inst year, last year's total amounting to 34.613,230. In 1903 exemptions amounting to $116, 951 were allowed on personul property, but under the law now in force those exemptions could not be allowed this year, so In reality the assessed, value of real property has been lowered over a hundred thousand dollars since last year. ..JV ViiiJ... Broke Into His House. ' S. Le Qulnn "of Cavendish, Vt, was robbed of his customary health by in- vaslon of chronic c6nstlpatlon. When Dr. King's New Life Pills broke Into bis hoUse, his trouble was arrested and now he's entirely cured. They're guar anteed to cure, 25c at Chas. Rogers' drug store. Ootober 27, 28 and 29. World's fair excursion tickets to Chi cago, St. Louis and all eastern cities will be sold by the GREAT NORTH ERN RAILWAY on October 27, 28 and 29, In addition to October 3, 4 and 5. Annlv to any Great Northern agent for 'rates and full Information. J Try the New Size LA OKRDAIL CKBAK Made from the cream of Havana crop We sold 20,000 in Septembers the largest sale of any Cigar on the market. Manufactured by OHN V. BURNS ASTORIA, OREGON Tuesday nigm at i utiwn, I,,,-; iuku B I -W 81H Next Friday and Saturday, Oct. 7 and 8, 1904. . We Will have on display an eastern manufactured line of Ladies Cloaks and Suits in the very latest NOVELTIES IN TOURIST COATS and LADIES TAILOR MADE SUITS. This showing is from one of the BEST MANUFACTURERS IN THE EAST, and we invite every lady of Astoria and vicinity to come and see this assortment of fine garments whether you wish to purchase one or not. These garments will be on display only two days. Remember the dates, Friday and Saturday, Oct. 7 and 8. t The Place where you con olwtiys buy cheaper. HIV I'