Daily national Republican. [volume] (Washington, D.C.) 1862-1866, 1865-10-25

LOCAL AFFAIHS.
MHRcuASrS ExcHAseE.-Au adjourn

Georgetown was held In the Council Chamber
and Mr. j. X. Eiyans secretary. ~. y
s Tho Chair invited all persons 10 come up and
give their names. Messrs. Hall and Walker were
appointed TO assist the Secretary In taking names,
when the following persons became members:
Kidwell h Son, Mohun 4 Son, Henry r, searle,
J. d. Edmond 4 Co. Kellan, Moore { King,
John =, Bridget, 2. s. Noyes, John ,; Ellis,
Clark, Hall / Hume, J. II. semmos 4 Co, Tbos.
Thompson, M. McNeal, Q, 8. o. Hare, II. o. Hood,
Hayes 4 Cropley, John q. Adams, O. y. Clark,
Harper Mitchell, James T. Close Co, James
Y. Davis, T. d. Gilman, G. ii. Utermehle, Me-
Knew 4 Bell, II. s. Johnson, Wall, Stephens
Co, Elijah Edmouston, John B. Turton, James
Moore, y. L. Harvey, B; y. Morsell, G. B. Baker,
Hudson Taylor, R. b. Clarke, Thomas A. Tolson,
VIII 4 0. II. Morrison, Daniel B. Clarke, Webb
4 Beverage, Maggie 4 Co, w s. Teel, II. Burns
4 Co., J. 3, Hoover, J. ". Clampitt, J. II. D.
Morrison; O. ~ Wight, A. J, Dietrich
pointed to draft q constitution and laws Tor the
government Of the association, reported the fol-
lowing; which was adopted, by sections
Articles Of association Of the Board Of Trade
Of the District u Columbia:
Whereas, want Of unity Of acion on subjects
relating to trade and commerce has been found
to be serious detrment TO the interests Of the
yantages, particularly In the communication
with distant parts Of our own country, are best
obtained by united action, we therefore deem II
important at this time to form an association in
Trade Of tho Di.tri Of Columbia. -
The general objects Of the association shall be
to promote the trade Of the District Of Columbia,
give p1opet su S .e0 Ssn "
ton, aud generally to take all proper measures
for advancing the interests Of the mercantile
community. ..... ........ ..........
"The Board Of Trade OF the District Of Colum-
bia.h ..f
Article q The officers Of this association shall
be a president, q first and second vice president,
a treasurer, and secretary the president and
vice presidents to be elected at the same ume as
the board Of directors are elected, and who shall
serve for one year, and until their successors are
chosen, aud who shall be er o1fcio members Of
tho board and the board Of directors shall have
full power to elect treasurer aud secretary, and
such other officers as they may deem necessary,
and establish rules for their government.
Article 3. This association shall meet on the
third Friday Of January, April, July, and 0cto-
Der. The president, or In his absence either Of
the vice presidents, shall call meeting Of the
association whenever requested by ten members
under this constitution shall take place on the
fourth Thursday in October, 1865.
Article 4. The officers OF, this association shall
be managed by a board 81 directors, twelve In
number, to be chosen annually by ballot by the
members OF the association at the stated meeting
in January provided that the association shall
have power to elect all officers provided for to
serve until the meeting In January. They shall
continue In office one year, aud until others be
chosen, and shall have power to I'LL any vacan-
cies which may occur In their body. Five mem
bers shall constitute quorum at any meeting Of
the board Of directors.
Article 8. The board Of directors shall meet
statedly on the third Monday Of every month for
the transaction Of such business as may come be-
fore them, and at the stated meeting In January
sh all lay before the association q report Of the
proceedings Of the past year.
Article Q. The funds Of the association In the
hands Of the treasurer shall always be subj ect to
he, nfrnla nj hiQnnaittnn n NJ
rectors, but they shall have NO power or author
ity to enter into any contract whatever In behalf
Of the association, nor are the members to be at
any time accountable for any contracts made by
the directors Of the association beyond the funds
in the hands Of the treasurer
Article 7. Nominations for membership In this
association may be made by a member at any
meeting Of the board Of directors Of the assoeia.
ton aud three fourtha OF tho votes present shall
be necessary for election,
Article S. An annual contribution Of ten dollars
tho LIST day Of November, and any member who
neglects or refuses the payment OF the said con.
tribution for one year shall forfeit his right OF
membership in the association; provided the first
payment shall be made In fifteen days after his
election. The resignation Of any member, not In
arrears, shall be accepted by the association or
board Of directors.
Article o. Houses composed OF one or more in
diyiduals shall be considered as single member
OF the association, and entitled TO one vote only.
Article 10. Any alteration or amendment In
these articles shall be proposed at stated or
special meeting of the association, and shall be
acted on at a subsequent meeting, to be approved
Of by two thirds Of the members present.
Mr. Utermehle desired to know what class OF
citizens would be- admitted as members Of the
Board.
The Chair stated the object was to have the
Board composed Of all kinds Of business men.
Mechanics, also, were invited to become mem
bers.
Mir. Utermohle said he desired to mako u sug-
gestion before the constitution was amended and
adopted as a whole. He did not think the initia-
ton fee and the amount OF dues TO be paid was
sufficient. lie had read the proceedings Of the
former meeting with interest," and he found that
divers measures were contemplated for the for
nation Of the Board Money would be required
to accomplish the ends proposed-much more
than could be raised by the taxation Of the mem
bers. II the great monopoly referred to last
week was to be fought successfully money would
have to be used. Washington must secure the
Southern trade, and 1t might be found necessary
for the business men here to have line ofsteam-
srs Of their own, and this would require money.
The money proposed to be raised would hardly
furnish a room for the meetings Of the Board.
Mr.. Shepherd said the whole matter had been
considered by the committee, and they had come
to the conclusion that II each merchant Of WASH
ington would contribute three or four hundred
dollars they could successfully oppose any mo-
nopoly against the interests Of the city All that
was necessary was that the merchants should
present united front, and they could accom-
plish more than with any amount OF money.
adopted.
Mr.. Mitchell moved the appointment Of a COM
mittee Of Ave to nominate officers and report at
tho meeting on Thursday night
Mr.. Hall suggested that the committee be in.
creased to seven, in order that every branch Of
business represented In the association might
have u represe tative on the committee.
Mr.. Shepherd was not in fayor OF such com
mttees as that proposed. He thought the INTEL
ligence Of the gentlemen present was sufficient to
secure a fair election. He thought 1t would be
best for the meeting to adjourn until Thursday
let gentlemen think over the matter and come up
at that time, prepared to vote for the best man.
He for one would not serve on such committee,
for some one was bound to be dissatisfied, and In
all such cases the assertion was made that the
committee was packed. He thought the fairer
and better way would be to avoid the committee
and let the whole membership select the officers
on Thursday.
NJ. Mitchell thought committee could select
the officers better than several hundred gentle
men assembled In body.
Mr.. Utermehle moved to amend the motion Of
Mr.. Mitchell 80 that the meeting go into an cleo
tiou Of officers Immediately.
Mr.. Mitchell said there were many other mer.
chants in the city who would join the associa-
tion, and he thought 1t would be best TO wait
until Thursday night,
The amendment Of Mr. Utermehle was lost by
a vote Of 81 yeas to % nays
The question then came up on Mr.. Mitchell's
m ition.
Mr.. Utermehle opposed It as unconstitutional.
re constitution Of the association provided that
tn officers should be elected by ballot.
Mr.. Mitchell thought the appointment Of the
o. nmittee would be the best course, and then the