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Description: The Hartselle Building and Investment Co.Date: January 26 1888
Newspaper published in: Hartselle, AL
Source: Madison Co., AL Library
Page/Column: Page 5, Column 4
================ Page 5, Column 4 =================
The Hartselle Building and
A public meeting of the citizens of Hartselle was held at the College last Saturday night in the interest of the Building & Investment Company, Mr. C. H. Cooper was chairman of the meeting and Capt. M. K. Mahan was secretary.
The chairman stated the object of the meeting, which he said: “was in the interest of the B. & I. Company” and hoped that everyone would speak out on the subject.
The following resolution was introduced and after being warmly discussed was unanimously adopted:
Resolved, That we divide the shares of the authorized capital stock, $100,000, into shares of twenty-five dollars each, and make the monthly dues one dollar per share payable monthly.
The committee of incorporators made a report through their chairman, Capt. E. J. Oden, that they were not ready to report on a charter and asked farther time. On motion it was granted.
On motion Hon. W. H. Simpson was added to the committee which was E. J. Oden, J. I. Stockton, M. K. Mahan, J. H. Corsbie, C. H. Cooper, W. A. Barclift and J. A. Rountree.
Books of subscription were authorized to be opened at the following named places:
Hon. J. C. Orr’s store, D. W. Day’s store, Dr. W. A. Barclift’s office, W. H. Simpson’s office, Alabama Enquirer office and J. A. Rogers’ office.
The meeting was harmonious and showed that our citizens were imbued with an interest in the advancement of Hartselle.
Hon. J. C. Orr made a proposition to the company to deed them free twelve nice residence lots, it they will build upon them. Of course the proposition will be accepted as soon as the company is put on a permanent basis.
We are glad to announce that the company starts out with flattering prospects of success. There is no doubt it will be a great blessing to the town. Let every citizen take stock in this enterprise.