The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1869-09-16

MEETING OF THE BOARD OF DIRECTORS OF
THE CHAMBER OF COMMERCIAL meeting OF
the Board of Directors of the Chamber of
Commerce was held yesterday afternoon,
Mr.. David J. Burr presiding.
The following report from the treasurer
was submitted:
"On the 14th of September, 1868, re-
ccived from the former treasurer S4l.5l;
since, from fines and commissions OF arbi-
tration, S36.45 from subscribers, S994.15.
Total receipts, 81 ,072.71. have disbursed
for salaries s537.75; for rent, $500; for
stationery and printing, $685. for coal,
gas, &C., s74.92; for National Board OF
Trade, Sl2S. Total, Sl,0S0.02. Excess OF
disbursements over receipts, S7.3l. The
Chamber is in debt to its secretary to Octo-
Der 9th, s153.19; office boy, $50; landlord,
to October 1st $500; National Board Of
Trade, sl2S. Total, S536.l9. One hun
dred and ninety subscribers paid for the
year 1868, making $3.50; less cost of col
lection, s47.5O. The difference between
this amount and amount reported in first
statement of 1925 came from members
for 1867, who had not paid during the
years 1867 and 1868. One hundred and
seventy subscribers on our list failed to
pay, reducing our income $3.50.
alt is estimated by o committee lately
appointed that one hundred and sixty mem
bcrs can be relied upon who will pay and
sustain the institution, and it is further re-
commended that the subscription be raised
10 $40. This will be ample for our next
years expenses, but will not meet current
expenses and present debt. The estimated
expenses are: For rent, $500; secretary,
$500; collections, S75; coal, gas, and ice,
500; water rent, SO; Office boy, $3.50;
National Board of Trade, $3.50; papers,
stationery, and printing, 800.
"The shameful fact that number OF
merchants and business men decline to pay
the small sum of S5 per annum to sustain
q representative body to look to their inte-
rests will no doubt astonish you, but proper
efforts have been made to collect the
amounts. In most cases the demand for
payment simply leads to discussion Of the
value of the institution to the subscriber,
and ends with refusal to pay.
81" All of which is respectfully submitted.
CIVILIAN II. PALMER, Treasurer"
The report was accepted.
Mr.. Weisiger, from the special committee
to inquire as to obtaining suitable rooms for
the Chamber, reported upon two rooms
the front room over Putncy 4 Watt5's
store'and thc'front room over the Planters
National Bank. It was decided to take this
matter into consideration ut q meeting to
be held next Monday afternoon.
The Chairman stated that he had received
n request from Colonel Lamb, of Norfolk,
to send him the name of the steamboat,
railroad, manufacturing, and mining COM
panics having paidup capital OF $50, 600.
lie had answered this upon the receipt of
the letter.
The Chair also laid before the Board the
invitation of Colonel Blanton Duncan for
delegates to the Louisville Commercial
Convention. THIS was received and the
president requested to appoint three dele
gates in accordance with the invitation
The following notice TO delegates was also
presented:
Each delegate appointed will greatly
facilitate the work Of the Committee of Ar
rangenents by writing 10 the chairman as
carly as practicable, and stating his intention
of attending the convention, giving his al
lress, and the interests which he VIII repre-
sent. The proper credentials should be
brought, in order that no difficulty may
arise in determining the delegates right tc
scat in thc convention.
"The arrangements which the railroad
companies may agree to i'll reference to tho
transportation of delegates will be trans
nittcd through the Associated Press to every
newspaper in ample time.
"Honorary members will retain thcll
invitations. which will be their credentials
when presented. DLANroN DUNCAN,
"Chairman Committee of Arrangements"
The Chamber then adjourned.