, 1864-02-27
THE BOARD OF TRADE.
Meeting last Egening--Rent to be
Paid for the New Exchange:
Increase in Initiation Fee.

Pursuant to public notice given yesterday. On
Change, meeting Of tho members Of the Board
Of Trade was held at their rooms LAST evening.
AIS o'clock John L. Nancock-the P1esldent-
took the chair and safd that tho meeting was call
cd for reconsideration OF the resolutions passed
yesterday noon on Change.
On motion Of Col. R. N. Hough, 1t WAS resolved
to reconsider the matter.
The Secretary then read the following resolu-
tons:
WnrnrAs, Ifs desirable, by persons subacrIbing
that tho Board of Trade will, IN good faith, accept
building to be erected BY that Association, as
may be necessary for the use Of the Board, there
Rsscsxd, That tho Board Of Trade, BY It's proper
authority. will execute lease, for one hnndrcd
such building fof ench portions Of the same may
be necessary for the uses OF the Board The annual
renting OF such lease to be fixed On the following
shall elect three persons, ali ofwhom shall mem-
berB Of both Corporations, which SIX persons
shall, upon completion Of tic building, proceed to
portions Of such butldinE subject to rent-the ag~
gregate Of such assessment being an amount suih-
Gent, In their Judgment, to insure q net revenue
The II G a!nual I'M rent of tho portions leased 70 tde
Board Of Trade to DO fixed in ths said lease, shall
be the amount determined by such assessment;
Hons of lie building arc approved BY tie Board Of
Directors Of lie Bosrd of Trade Ii the event of
The si1 persons so chosen falling to agree. they
aszoclstIou, and tho opinion Of tho majority shall
Reso1red, That at tho next annual meeting The
Beard Of VI Saar ~ tas dsse
eli the members Of the Board Of Trade. and that
the proceeds Of such assessment, together With
any surpas funds Of the BoaId oe invested IN me
Of Commerce, such stock to be controlled BY the
Board Of Directors Of the Board OF Trade. and to
bevoied BY their President Or Vice President m
FssyTed, Tho Board of Directors will also rc-
commend, that from and after the next animal
meetins the Initiation fec shall bo tMsntyntyc Aye
RsEo1rsd. That these resolutions be submitted to
o o. b
tached to the stock subscription books Of the
Chamber Of Commerce,
be passed.
Charles Walker 1novcd In amendment that tho
-'UmpIre'' be not confined to member OF either
body, aud that instead Of one "Umpfra'' there
ebal to three, and that the ten per cent shall be
levied on snch portion Of the building as is occu-
pied by tho Board Of Trade. The first resolution
passed as amended
On motion Of Charles Randolph, the second res
Gluten was stricken out.
.,o,,..as nns,,n,o ,o1.,nS..sa
IN melton ~ N X F.,rha,ks ntl that rart of
4ho four+,, reso,,tfo, nrcviona To thc vrors .at
.ostod re4, :, 90 arictcr ant and tbe resolution
-. sr,on5sh naseaa
~ n,nt,on of stanhco f,ra,r the third rcao,ntfou
,,ns ..1.an m for reconai5c,atinn. md on ancnd.
n,ent ~ Mnrrav Nelson. II vas resolved that the
car-ats.r ho tnatrur+ed IN mat tho nccessarv M
oeeise.! ~ '1a ~ ~. ..s..s.ss ~ =.
tice ior the eafAest Mcle4se VI 'ne tl1'a'aon iee
to $@5-0c, and as amended the resolution passed.
After which the meeting adjourned sine dk,
T,rr NFw Roam or TB4Dr RooMs.-We
- -" ss.sa - 49, I..,..s
nnoefstano tnat IN consequences u s"c oaeAmatu-
ness OF tho property owners In the region OF the
I1anttet Church; to suhscrjbe to tho stock Of the
Ds.~s atm.oa. ,rtta,., ,ho-o :. = ,oos,h;l,t,
nc" oos1u y. AAaus ou''os' .n,Au -
OF tie structure being etectcd elseWncGe, In some
locality considered by many equally a. good as the
nas-a ~ m-,as ~ on.-,ntca n d,vi1.n ~ tan ra,
boato o1 !1aue ~ guarantee ui'aoeau VI teu per
cent. On the stock. there have been quite number
OF lots offered By property oWueSs on more favor
ah1c ter1na than the ofers now under eonsidcra.
ton, and large bonuses have besides been connect
su " tn t. NE atoc hsvc sao hecn osred
By property owners near the locations offered, ~
an additional tnducement TO The Board Of Trade 70
accept them.
c,.oo1- -T5;, 4,7on+ad o,,4t,or,