Executive Mansion Lease Sparks Statehouse Debate
Atlanta April 199 There is optimism the legislature will reject the proposal to lease the Peachtree street executive mansion. B M Grant & Co. offers a 96 year lease with escalating rents totaling 12 000 first five years then up to 22 000 annually, while the state would forego about 2 000 yearly in taxes. The plan values the property at 351 000 with rent percentages rising over time.
MENTIONED IN THIS ARTICLE
Atlanta
Peachtree Street
General Assembly
Leassee
B. M. Grant & Co
State Supreme Court
Asa G. Candler
Coca Cola
Candler
Georgia
Cain Street
John H. James
Legislative Committee
James
Georgia mansion sale or lease eyed for state needs
Discussion outlines whether the executive mansion should be sold or leased to fund public debt. Proposals show a cash bid of 351000 with lease options including a 401000 purchase privilege and annual increases, highlighting long-term value and the influence of Asa G. Candler in Georgia politics.
Preacher at Commerce Preaches Fine Sermon
In Commerce Georgia on April 19 at First Baptist Church Dr Gilbert Dobbs delivered the final sermon in his series How the Devil Came to Commerce with a focus on God or Mammon. He warned against wealth as master and praised honest riches while condemning covetousness and dishonesty in business. He urged the Golden Rule over the rule of gold and cautioned wealth's dangers. The sermon also endorses Chamberlain’s Cough Remedy and mentions a legislative financial episode involving bonds and profits.
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Lanner
Commerce
First Baptist Church
Gilbert Dobbs
God
Mammon
Lofton
Sinbad
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