Smyrna times., 1870-01-12
Smyrna Library AssOciatiOn--Annual
- MAaAimu..

resident and w. A. CuInmins was chosen n
Sec The President then read the annual re- !
port, which was approved and ordered to be Q
printed. On motion to proceed to an election, i
W, NJ. Bell and Geo. w Cummins Jr, were is
appointed tellers. Elt
The following having received the largest
number Of ballots were declared elected to
serve for the ensuing year: President, j. &.
Stockly; Vice -PreSident;- II. G.--Budd-;;- 4
Treasurer, q. w. Cummins, Jr. Recording
Secretary, y F. Wlds;. Corresponding Seeretg-
rY, DR.. W. T.. Collins, Manbgers DR.. lJ...E.
Ulawson, W. A. CumminS, Fl. r. Pennington.
On motion of DR.. D. 4. Claw>on the thanks
Of the Association were rendered to the PreSi
dent for his faithful aud efficient services dur
ing his term If Office. -t -
The thanks of the association. were. also ten
dered to the Librarian The proceedings were
ordered to be printed in the Smyrna Times
Adjourned. q ...,..-..... ...s.... .....
PRESIDENTS REPORT
SMYRNA January 9th, 1870.
To the Stockholders of the Smyrna Library
The Board of Trustees present the report of
the transactions of the Association, during the
last year. The Librarian has given out since
the date of the last annual eport-.)anuary
l4th, lS69-nine hundred and seventy-nine
books, to sixty-three subscribers.
A cnmmittee, appointed for that purpose,
have, within few days, thoroughly examined
the library, and ascertained that the number
of volumes embraced in the catalogue is now
1876 OF tn, Sc, eleven have been destroyed
by use, and about thirty FIVE are considered
10 t. The Library actually contains, therefore,
| 1900 bOOHS The care necessary for their safe
| ty is not 50 light tax as may be thought, upon
the attention of the Librarian fact illuStra-
ted by the unusual loss of books which occurred
while the different members of the Board, in
| 1867, undertook to perform the duties OF a
regular officer. The result Of that experiment.
tried under the most favorable circumstances,
proves that it is indispensable to have the re-
sponsibility of the lending Of the books con-
fined to one individual The care manifested
by the present officer is exceedingly creditable
to him. A new Register, which will much ia
cilitate the keeping of the accounts OF the
books borrowed, and fees due, has lately been
proAided A slight addition has been made to
the collection of books during the year. If the
lectures designed, shall be arranged for by the
new board, as it is probable they will be, a CON
siderable increase Of the Library can be effect
ed during the next year The frequent pur-
chase OF new works is the only solid reliance fol
maintaining the interest OF the public in the
institution, and no plan which will defeat, OIL
which loses sight of that object, can be sue
cessful. The Treasurer reports,
Balance at date OF last Annual report $50
"a large part OF the due being yet unsolicited
) DISBURSEMENTS DURING THE YEAR.
sor N' fsnt s, S5S
Other items, 1874 S6S7t
Balance now in the treasury. 5000
The outstanding against the Association arefor rem
itc,ns 50 amounting altogether to So 81.
To meet these demands there due the Association
Cash ia the hands Of the Treasurer above
, Accounts readily coilactahe 81 S6
Accounts which probably be collected. 800 ss5 So
We have therefore Indebtedness
Sal IS, and ia addition
IS secured BY stock held BY the
And accounts which cannot be collected. 10 50
: Besides the special report for the year, ther
n are several facts which will be of interest Il
: you. The number of volumes belonging t
. the Library in October, 1859, as reported a
i that time. was 1877. The present number a
. reported above, is lS00-e exhibiting an increase
: since 1859, of 663 volumes. A large numbe
q OF the books have also been rebound. Tn
y present value of these books is not less thal
. $1,000; the other property held, cost mucl
! more than 800; the cash and available &C
, counts exceed the Indebtedness of the Associ
# alton SAL. .55-sO that the actual resources o
the corporation amount to 81 l4l So. Tn
. capital stock, divided into 233 shares of 5
n each, held ly los stock holders, represents pa
!. value OF but 81 les O0-a little more than hal
the value OF the property owned by the Asso
citation. -.
e This renders it clear that the stock is no
a without value to the holders of it, and that
s. during the twelve years of its active operation
e the Library has proved itself decided success
y This result has been accomplished without re
d sorting, since the first year, to gratuitOus con
|. tributions. We are glad to acknowledge tn
$ liberal support which we have received froI
2. our citizens, and for it to express to them ou
g thanks, in your behalf as we'll as in our own
)t yet We congratulate you that your instltutiO
(. has been able to maintain its independence
ID without which no corporation can be long Ps
sc teemed, and to defray its expenses out of il
i regular receipts. Ii has been done by constat
" effort to reduce the expense to the lowest POT
l. sible point, aud by using, with energy, all th
e. means within the each of the Trustees.
in Since the occupation, for private purposes
.e OF Wards Hail, no resort to public ente
n tainments of any kind has been possible, an
10 therefore the resources OF the Board have bee
De confined to the fees for the use oil the book
The handsome Town Hall, just erected wi
soon supply accommodations for such purpose
es and the Board now to be elected will, no doub
IN turn their attention to the immediate use
the facilities it will afford The occupation
of one of the lower rooms of the Town Buildin
g. would increase the convenience of access TO tt
S. Library, and it is desirable that arrangement
n be made, if possible, to remove the books
that location. A committee was appointed b
Y. the Trustees to secure such arrangements
o. would provide for the payment of the increase
q, rent, and ofthe expense of re6tting the shelve
a but their term of office expired before the con
he pletOn of their effort ~ ~ go. sea.
lr- Wishing for the Association an increase
" its usefulness, and desiring that care and e
We terprise may be combined in its future maj
KS agement, their trust is surrendered to you By
The Board of Trustees, II
j. c. STOoKLY, President.
,rs pr,,o,o,-, Tbo srao;I roI;o;ors soru;o,