Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1868-01-07

it rolling. 1t is matter in which all are in
terested, and the very thing that is needed to
cause tumbling down of the present excess
sive rents. A meeting of the stockholders
for the purpose of electing seven Directors
for the Association will be held this evening.
BUILDING ASSOCIATION Meeting IN
HARPER's FERRY.-A large and respectable
meeting was held in the school house in Har-
per's Ferry, on Friday evening, Sd inst, to
consider the subject of building associations,
and hear explanations in reference to them.
The meeting having been organized by the
appointment of Mr.. Yantis chairman, and
Mr.. Daniels secretary, Mr. Davies said, that
he had long been familiar with building asso-
cha tons and never knew anything OF them
but what was good. They are beneft-in-
deed blessing-invariably to the stockhold-
ers. In New York, Maryland and else
where, they have been for years fixed and
favorite institution. The promises of these
associations are bright, but they fulfil all their
promises. In one event only can an associa-
ton fail, namely; where there is a want of
integrity on the part of the officers. The
Legislature of 1866 passed general law au-
thorizing these associations, and under it one
had been organized in Charlestown, for the
county Of Jefferson. Read the names of its
officers. and you will be satisfied that its af-
fairs will be faithfully administered.
Now, what is building association 1t
is means by which every man, be he rich or
poor, young or old, married or single, may
procure what every man desires and wants
house, the payment for which is made, not
only easy to him, but almost imperceptible
But how can this be accomplished Very
simply Take share, which is two hundred
and sixty dollars-borroW that amount from
the association-buy house-give deed of
trust to the association as security for repay
ment, and continue to pay your weekly install
ment of fifty cents, till one transaction ball
ances the other. After some further remarks,
Mr.. Davies introduced to the meeting,
MIR. TRAvERs, who said that he felt some
what like the colleague of Edmund Burke,
at the Bristol election. Burke having spo-
ken, his colleague arose and said, '' 1 have
only to say ditto, ditto, to the last speech. -
Mr.. T. however, proceeded to explain the
system of Building Associations, in most
minute, satisfactory, aud interesting manner,
Gas the published statement of Mr.. Travers,
which appeared in this paper some time since,
is in the hands Of our readers, there is no
occasion for giving his remarks in ectenso.-
The Jefferson County Building Association
he said, was not by any means local to Charles
town, but was open to the whole county
One good Association. in the county, was bet
ter than e dozen small ones, and the incon-
venience to Harper's Ferry and Bolivar stock
holders arising from the fact that the Office
was in Charlestown, could be readily avoided
by little concert of action between them.
The remarks of Mr.. Travers were listened
to with great attention, At the close of the
meeting, several shares were taken. And we
have no doubt, that in a short time, this part
of the county will give to the Association
the number of stockholders necessary to fill
its books After some further business, the
meeting adjourned.