The Caddo Herald
June 18, 1920
Carnival Ground is Sold- To Be Park
The directors of the Caddo Corn Carnival, proceeding upon the authority vested in them by a meeting of the stockholders last year, in May closed a deal whereby for $2,500 cash they sold the 13 acres of ground with whatever improvements to ten citizens of Caddo with the understanding that the grounds would always be held for amusement purposes- and if ever oil was found would accrue to the stockholders of record in the old corporation.
At a meeting of the stockholders Monday afternoon, called because some dissatisfaction or criticism had been made of the deal, there was quite a gathering of men who owned stock. After discussing the proposition for quite a while, it was the sense of the stockholders that the deal made by the directors should stand; and the ten men who had put up the money to buy the grounds would welcome anyone else who wanted to come in and share with them the burden of holding the grounds for the purposes mentioned. There was no great rush to “get in” only one beside the original ten signified any willingness to come in. It was decided to hold the proposition open until a meeting to be held at the Woodman Hall next Monday afternoon at 3 o’clock; up to that time anyone who desires to get in the deal may do so by applying to John L. Boland, the secretary and putting up the necessary money. The $2,500 will be taken equally by those who come in.
The $2,500 will just about pay the debts of the old Caddo Corn Carnival, some of it being five years. This action ought to silence any objections to the deal. If you think the ten men are going to make a fortune out of it, you have the opportunity to be one of them. Either one of the ten would be glad to get out. They are the ones who have borne the burdens of the Carnival all alone- and it would require utmost diligence of optimism to find where they are to make any profit out of it.
Owing to great risk of weather attending such exhibitions it is extremely hazardous as to financial outcome to hold such an amusement, and those who have largely been responsible for the carnival heretofore are about “fed up” on putting up.