The weekly standard., 1869-10-06
10 .sYiaag For the Standard. &
N. C. Real and Personal Estate Agency
o tfr .l.. A CARD. hsl' Glai' 81

o .er .sl A CARD. 6s .i Gy1 "a
50 At a meeting of the Directors oftheNorth
Carolina Real and Personal Estate Agency,
held on the 31st day of August last, l was
elected President On the next day draw
ing was advertised to take place on the
= 18th day of November, 1869, and my name
published as president. This advertisement
swhs made without consultation with me,
and before the affairs, of the company had
been looked into. Upon examining into
o Il lem discovered that the assets were not
sufficient to justify the announcement, and
L Immediately called a {, meeting of the
stockholders for the 10th day of September.
at the meeting of the stockholders on that
day. l stated the condition of the affairs of
the company, as we'll as l could ascertain it
from the books as I found them and there
upon the following resolutions were, adop-
ted:
RESOLVED, That the President appoint a COM
fnittee of three to examine the books and papers
ofithe Company, and ascertain, If possible, what
disposition has been made of its funds.
ni The committee under this resolution re-
ported that they had not sufficient time for
thorough examination, and offered the
fol lowing resolution, which was adopted:
Resolved, That the President be directed to
employ two, competent men to- examine thou
robghly into the affairs of the Company, to as
/ certain and nreport what disposition has been
made OF its funds, to put its present books into
the best possible shape, and to open. new set
OF books upon such a system as shall secure
the affairs of the Company from confusion here
after.
This was amended so as to allow the
President to appoint a third person to. be
employed for not more than five days. The
chairman of the committee also reported
the following resolution n:---
Resolved, That the thanks of the stockholders
are due and are hereby rendered to R. G. Lewis,
ESD, Treasurer of the Company, Tor the faithful
manner in which he has discharged his duties.
This was adopted, and it was then fur
tn sr aIl1aiaA di.t a.9t WaE 60 .J'iIia
2 Resolyed, That the Board of Directors be re-
( quSsted to make an assessment of three percent
ON the stock of the Company, to be paid as ipl-
lows: One per cent within fifteen days. aud two
per cent on the 18th of October pext.lG ,sIlsy
Resolued further, That the stockholders who
have already made payments of cash upon their
stoek,i he allowed credit to amount Of subj pay
mehts upon this assessments and. ii this assess
meht be not sufficient to meet the liabilities OF
the Company, the Board of Directors shall in
crehse the assessment until it be sufficient i,
Resolyed, That the President is hereby direct
ed to enquire into the matter OF money paid to
J. G5Hester, the late President, at Wilmington,
forItickets and stock sold there; and to require
the saidJ g. Hester to pay said money to the
Treasurer, or to account forit. Oi it.uu,gd
d After the ADJOURNMENT of the Stockhold-
ers, meeting of the Board of Directors was
called for Saturday, the 18th inst.
At this meeting, the following Directors,
with the President attended: 70 Robert G.
Lewis, e. Hester, j. C. Hester and Wesley
| Whitaker. r;-r. ,o .,f-. p gaI ,, II
After the proceedings of the Stockholders
wete read, R. G. Lewis, Esq, offered the fol-
lowing resolution: 1'4ta7lol'' 8 1-' 81
Hesotyea, That an assessment of three per cent
| on the stock sold be made + That one per cent.
| of the same be paid on the LIST of October; one
| percent. on the 18th of October; and one per
| cent. on the Both October. ia Irlal 5IIH e
| ,Rsolud further, that the Stockholders who
have made payments OF cash upon their stock,
/ shah lie allowed credit to amount of such pay
meits upon this assessment. oj b,.yilt.u. Il i
l. Mr.. j. g. Hester moved to amend, by
striking out all after. the words 30th o.
I October and insert the following:
hesoluedf further, That the provisions of this res
oluton snail not apply to the stock sold by tht
late President in Wilmington, on or about Au
gust Goth, upoE which 10 per cent was paid,
| This was accepted by Mr.. Lewis, and ths
| resolution, after discussion, passed, .;
| = The public can see from the action Of th
| Stockholders as we'll as Of the Directors
that steps are being taken to raise none,
! sufficient to place the Company upon u
| sound footing. 4 assure the public tina
every proper means in my power, as an in
divtdua1, and as an officer Of the Company
4 will be resorted to, to put right the, affair
of the Company, and save those rwht
4 have taken. tickets from, loss. No schem
will be advertised until this is accomplished
and those parties holding tickets will hay
theoptfon to take .S IN money, or exchange cha ther
4 19r otIhe1s-,sil I1s-,sil ss5E aaesoI qgsi sbf,i1 7ili
itodIl lfeelsa deep personal interest in gettin
X, l. theIafairs of the Company straight, in add
ton to the interest feel as an officer. NJ
= name was connected with it as one {
1.-THE Supervisors, after the first drawing
| Willie SO acting, 1 had no interest in Il
Company, and my only duty was to see til,
thel drawings were fairly conducted, and
can assure the public that they were, We
recently before my election as President
ri purrhasedl some stock, but never knew an
sol thing of the financial condition of the Coz
pang until after my election y ioasss
:. 5l9-tf SION IT, ROGERS.