j, ARCH 23, 1922
PLANS FOR FINANCING THE
NEW THEATRE BUILDING
PAGE 9
MRS. NASH ROCKWOOD
WINS PUTTING CONTEST
We are measea to prinx rne ionoAving m,. -wit, , -,
. 1 V, nww w ar MlS' Nash RAvood of Dumvoodie
j, no. . 4, won the prize in the weekly putting con
outlining the plans for financing the new test hpl , . . '
theatre building which is to be built this
test held at the Country Club on 8at.nr
day last on the play-off of a tip wit.l
Mrs. H. H. Rackham of Detroit. Both
these ladies scored 23 in the regular
event and alter another tie on the play
off it was decided that the first playei
to win a hole would be returned the win
ner, and Mrs. Rockwood Avon the miz
by sinking her first putt from the initial
corner.
The scores were:
summer and ready for use next season:
"In connection with the article in
last week's Outlook; describing the new
theatre building which we are building
rin Pinehurst this summer, I thought
i that your readers might be interested in
. a description of the manner in which we
are financing the development.
"Our company is capitalized for 1,000
shares at a par value of $100, half of
these are common stock with voting pow
er and half preferred with both principal Mrs. Rockwood
and a six per cent, dividend guaranteed, Mrs. Rackham
and also redeemable at $105. Half the Mrs. Higgins
common stock has already been sub- Mrs. Ashforth
scribed to, half by Pinehurst, Incorpor- Mrs. Roop
ated, and half by those closely connected Mrs. Gilman
with the company. This precludes all Miss Stebbins
possibility of the control of the Compan- Mrs- Doyle
ny's affairs going out of the hands of Mrs. Hamilton
the present management which is a guar- Mrs. Hathaway
antee that the same high-class perform- Mrs. Now
anc'e will be continued. Stock will now Mrs. Mosher
he sold at the ratio of one of common Mrs. Tyrel
and two of preferred, or all preferred. Mrs. Arnold
"The present theatre has always oper- Mrs. Toppin
ated at a handsome return on the invest- Mrs- Hitchcock
ment in spite of the limited seating ca- Mrs. Newell
parity. The operating expenses for the Mrs. Mason
new building will be practically the same Mrs. Remrnick
as for the old one, while the increase in Mrs. Berdon
overhead should be more than taken care Mrs. Lawrence
of by the rent from the four stores. We Mrs- Chapman
have provided a balcony Avhere seats will Mrs. Hager
he offered at popular prices, thus inter- Mrs. Williams
esting people that are practically exclud- Mrs. Magoon
ed at present. Thus the most conserva-
tive estimates Ave have made indicate
that the building should make a hand
some return on the investment.
There has been much interest in the
new theatre shown already, and quite a Clarence Callaway and Walter Howe
number of people have asked for stock played one of the most remarkable best
so that the amount for sale is quickly all matches of the season when they
being disposed of. Subscription lists were paired against Willie Wilson and
will close the end of this month and the Alex Innis this week and returned a
stock to be sold allotted on a basis of the best-ball of 31-3465. Howe had an
amount subscribed for bv people. Sub- individual round of 73 and CallaAvay was
scriptions will not be payable until May 75, but they only halved one another at
15. We hope .to place this stock .not in four holes. Howe had the low ball
the hands of a few but preferably in of the pairat seven holes, and Callaway
small amounts among as many Pinehurst was low at the same number
people as possible. I hope 'that every- At the long seventh hole on Number
lody will feel free to stop in and talk 2 course, Callaway topped his drive and
this over with , t ,v nffir Avhenever put his second in the cross bunkers some
J -in iv. TT..
1YU yards irom me green, xie men
proceeded to hole out Avith a full mashie
iron for an eagle three. Howe had
birdie 2's at the sixth and seventeenth
holes. Their card Avas
23
23
24
24
24
24
24
24
24
25
25
25
26
27
27
27
27
27
28
28
28
28
28
No card
CALLAWAY AND HOWE
SCORE BEST-BALL OF 65
443
444
452
453
33331
4243465
they have an opportunity."
MRS. T. T. BERDAN SETS
SEASON'S RECORD AT
RIFLE RANGE
Mrs. T. T. Berdan of Shackamaxon,
N. J., Avon the prize for the best score
!)t the Ladies' Shooting Contest at the
Gun Club last AVeek with a target of 148
breaks out of a possible 150, and estab- Charles Mothersele and George Foth-
Nshed a high record for this season. Mrs. eringham defeated Cyril Walker and Pat
ttalph HornbloAvcr of Boston, finished O 'Hara, 2 and 1, in an exhibition match
cond, at 146, and Mrs. Francis Bios- on the championship course on Sunday
om of Chicago was third at 130. Mrs. last. Mothersele and Fotheringham had.
Hornblower's 146, which placed her in a best-ball of 68 and Walker and O'Hara
eond place, equalled the former high were two shots worse. Mothersele had
'ark. Mrs. Charles E. Arnott of East a grand individual round of 37-3370.
Orange, N. J., recently scored 149 breaks, He did not make a single mistake on the
ut this Avas not in competitive shooting, last nine holes and holed out every putt.
5
I-
The WENTWORTH by the SEA
THREE MILES FROM PORTSMOUTH, N. H.
In a setting of unusual beauty and exposure offers to a discrim
inating public attractions unsurpassed by anv resort hotel in
America.
A new salt water swimming pool built on the ocean front with
modern Bath House and a large Entertainment Building are added
features this season.
Improved Golf Course laid out by Donald Ross, ''Boston
Symphony Ensemble" concert orchestra, and numerous other at
tractions make this an ideal summer home.
Illustrated and descriptive booklet on request.
WENTWORTH HOTEL CO.,
Ill Summer Street - - - BOSTON. MASS1
J. P. TILTON, Managing Director
Before Yon Go Home
GetB&nk of Pinehurst
Safe Deposit Box
Several things you do not care to leave in the house through
the summer can be left with absolute safety in the strong
vaults of the bank which is prepared for service of this kind.
All these accommodations that you expect from your bank
at home and all that you expect from your bank here
You will find at the
BANK OF PINEHURST
The Bank of Service
The Bank of Safety
Any help you need before you go, accounts adjusted, notary
work, stenographic service, collections, deposits, you will
find at the
BANK OF PINEHURST
PINEHURST, NORTH CAROLINA