The Portland daily press., 1867-01-15
hoard of TrntIe.

Board of Trade.
The annual meeting of the Board of Trade
was held at the Office of the Ocean Insurance
Company last evening, Vice President A. X.
Shurtlef, ESQ.,, presiding.
The records of the late meetings of the Board
of Managers were read.
A communication from the Albany Board of
Trade concerning the sale OF grams by the
GENITAL or 100 lbs, instead of by the bushel, was
read, and it was voted to concur with other
Boards of Trade in the matter, carrying the
system into effect on the first of March.
Communication from Hon. j. H. Drummond
in relation to the Dexter g. Newport Railroad
was ordered to be placed on file.
The Vice President stated that the commit
tee on procuring suitable place for the meet
ings OF the Board reported in favor of leasing
the rooms over. the International Telegraph
once, on the corner of Fore and Exchange
streets The report was accepted, and the COM
mittee were instructed to lease the rooms for
one year.
Z. ii. Haskell Esq, Treasurer of the Board,
presented his annual report, from which it APP
pears that the receipts during the year were
s., 80, as follows:
Subscriptions to Merchants Exchange, 81 s07 90
interest, 55 80
Dirigo Insurance Co.., ACKNOWLEDGEMENTS. 900 90
s2,se2 80
The total expenses were. Observation-Disclosures. 1,ss4 SO
Daiauce III treasury .........,,.........S fI "
The balance on hand at the commencement
of the year was $2OS7. Sc which, with the bal
ance of the past year leaves in the Treasury
$2,5673s of which, $1,000 is in Government
bonds and $82949 is deposited with the Port
land Savings Bank to the credit of the Board.
| The report was accepted and ordered to be
placed on file ..
| Mr.. M. N. Rich, Secretary, presented his an
nual report. He estimates the losses of the
Board by the great fire at 81 ,S64.78, on which
there was insurance in the Dirigo Office for
1000 on which fifty per cent has been receiv-
ed, making loss to the Board of $8647S All
of the records of the Board were lost.
Capt. Charles Chase submitted the annual
report of the Port Wardens, from which it APP
peared that they had examined the cargoes OF
100 sailing vessels from foreign ports, II coast
wise cargoes, % cargoes of steamers from Liv-
erpool, 3 from Glasgow and "a from New York
The report was placed on file,
The following resolutions offered by Mr. C E.
Jose were unanimously adopted and Emf. Jose
was appointed the committee mentioned in the
/ first resolution: e' iai ~
Whereas, in the opinion of this Board the laws OF
this State for the collection of debts works Injurious
~ for both debtors and creditors OF insol-
hesotced, That committee be appointed to crcu-
late petition for the signatures OF citizens ask
ing the Legislature to enact law similar to the in
soivency law OF Massachusetts, and that the same be
forwarded by the President Of this Board to Rep
Resolyed, That the President be authorized to pre-
pare Dill and, II necessary, to make special effort
In presenting the matter TO the Legislature.
Hon. Israel Washburn and Charles H. Fling
Esq, were appointed a committee to confer
with MIR. Hamilton and his associates from the
Dexter and Newport Railroad Corporation.
/ The Board then proceeded to the election Of
officers for the ensuing year, with the follow
result: IN. -
President-T. c. Hersey
Vice Presidents Lynch. Tomas TT
/ Perley, III. j. Libby 800
boz Directors-AK X. Shurtlefi, Israel Washburn
4 Jr., y. M. Marrett, John w. Perkins, Thomas
r. Iwltchell, Charles H. Fling, Charles j
| Walker. i. aIar4 400 liI17
Treasurer Charles H. Haskell.
Secretary-M. N. Rich
Port Wardens-Chas. III. Chase, T. c. Stew
4 ems. #9n 1A1 10 BOG ngeis lii
Messrs. G. w. Woodman and A. X. Shurt
left peremptorily declined being candidates
for Vice-Presidents. They have faithfully
served for several years, and have earnestly
labored for the prosperity of the institution.
w. w. Woodbury., Esq, from the commit
tee appointed to secure subscriptions for the
erection of suitable edifice for the Mer
chants Exchange, reported that they had thus
far succeeded in getting $4,000 subscribed
The following resolution, offered by Henry
Fox, Esq., was then adopted #
Voted, That the committee appointed by the
Board to obtain subscriptions for the purchase
OF the two lots offered for sale by Hon. W. w
Thomas and the city of Portland, and for the
erection of a suitable building thereon, are re-
quested to continue their efforts so as to Sc
cure at an early day the accomplishment OF
this most desirable object.
Mr.. c. H. Haskell offered the following
which were unanimously adopted:
II Voted, That in the opinion of the Board. the
interests of the city will be largely promoted
by the extension of the Portland & Roches-
ter Railroad to Rochester, N H., and thence
westerly as proposed by the Directors of said
road; that in no way can the connection OF
the city with the Western States be so di-
rectly made, and with SO small an outlay OF
capital
i Voted, That committee be appointed by
the Board of Managers to confer with the
Directors of the Portland & Rochester Rail
road in relation to this proposed movement
and to aid them in any way that may be
practicable Aif BON -
On motion of Mr.. T. e. Twitchell, it was
voted that committee be raised agreeably
to the request in the resolution passed at the
railroad meeting Monday afternoon, and the
following gentlemen wore appointed: Hon
Israel Washburn, Jr., Hon. j. B. Brown, III
N Jose, G. G. Chapman, T. H. Weston, c.
81. Haskell.
On motion of M. N. Rich, vote of thanks
was passed to the Insurance Company for the
use Of their office for the present meeting
| Adjourned llu1 5 9T J -a1