Wednesday, May 25, 2005
The Pompano Board of Trade
Founded in 1948, the Greater Pompano Beach Chamber of Commerce is one of the important organizations in the community. It was originally located in a frame building on Atlantic Boulevard at NE 20th Avenue. Soon it moved two blocks east to its current headquarters. This was not the first effort to form a advocacy group for local businesses: On December 1, 1914, when Pompano was part of Palm Beach county, seven local citizens made application for a charter for the Pompano Board of Trade. The application was duly accepted and the charter issued. Capital stock was limited to $3,000 to be raised by selling thirty one-hundred dollar shares. The charter was limited to ninety-nine years. The Board of Trade building stood at the foot of Second avenue, near the [Pompano] canal.
Those who signed the application for the charter included C. D. Hinson, George L. Blount, A. W. Turner, R. A. Hardin, J. W. Walton, Walter Smith and I. I. Hardy. When stock in the Board of Trade was offered for sale by the above named promoters it was rapidly subscribed by the following who became stockholders: George G. Currie, William Peoples, Mrs. Ollie Tinney, William H. Blount, W. N. Shuford, J. Devotie Blount, E. E. Hardy, David G. Smith, G. R. Howell, N. R. Smith, Jesse Hardy, C. A. Purvis and W. C. Moon.
According to the charter the new organization was empowered to purchase, lease, own, manage and sell residences, rooming houses, stores, hotels and any other kind of building; to sell , mortgage, sublet, pledge, hire, lease or convey property and invest in such manner as may be determined to promote manufacturing of any and all kinds in the Town of Pompano and vicinity and if need be to conduct the same, and to make contracts, agreements, covenants, options and obligations of any kind for the furtherance of the affairs of the company. It is not clear how long the Board of Trade was in business, but by 1925 the town's business leaders were forming a Chamber of Commerce. (excerpt from Pompano Beach Golden Jubilee program, 1958)
# posted by Dan Hobby @ 6:25 AM
|