The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-03-05
PolicyhoIders' Life and Tontine Assur'
nnce Company of the South.

MEETING OF THE BOARD OF TRUSTEES.
OFFICE OF TIE PoLrcYHoLDERs' LIFE AND Ton
TINE ASSURANCE Co. OF FHE SOUTH,
No. 90 BROAD STREET,
CHARLESTON, March d. 1870.
Pursuant to adjournment the board Of trus-
tees Of the company met at the office Of the COM
pany on the lst instant. .S
Present-Wm. McBurney, president; E. P. Alex
ander, vice.president; Geo. E. Boggs, secretary;
John T. Darby, NJ. D., medical advisor; Robert
Mure, VIM. c. Bee, J. R. Prlngle, L. D. Mowry, j..
r. Dukes, Andrew Smonds, w. K Ryan, James
Conner, Geo. W. Williams ". G. Whilden, G. d..
Monett, A. S. Johnston, Ell Corey, G. d. McMas-
ter, z. B. Vance.
A majority being present, the president called
the meeting to order. he stated that in accord
ance with Instructions from the Committee on In
surance, the secretary had recently visited Sa-
yannah, Ca, to confer with gentlemen OF that
city with reference to the establishment OF O
branch office there. The result Of the visit was
the presence OF General Gilmer and Mr.. Duncan,
representing the interest felt in the enterprise in
that city.
On motion, General J. F. Gilmer, and Messrs.
VIM. Duncan John Screven and John L. Hardee,
of Savannah, were elected trustees OF the COM
pany.
General Gilmer and Mr.. Duncan took part in
the proceedings during the remainder OF the day.
The president further stated that 1t was his
painful duty to announce to the board that Henry
Cobia, one Of its number, and one Of the first to
identify himself with the enterprise, had been
removed by death since It's last meeting, In Janu-
airy last. He was prevented by sickness from
uniting with US on that occasion, and passed ITO
the land where no traveller returns" before he
had an opportunity OF beneftting US BY his coun-
sci or avaiing himself Of the advantages offered BY
our organization. To give expression to the loss
our board has sustained In the death OF MT. Colia
and our sympathy with his bereayed family, will
be the melancholy privilege OF the board before
proceeding with the business OF the meeting.
On motion, Mr.. Whllden and General Conner
were appointed for that purpose, who submitted,
through Mr.. Whilden the following resolutions:
II is seldom that 50 many OF the various charl-
table societies and business corporations OF tne
city are called to mourn the death OF single IN
dividual. This board, realizing their misfortune
in the loss OF the services and counsel OF their
member who has been called away In the midst
OF his usefulness and. sympathizlng With the va
rious boards with which the late Henry Cooia
was connected. heartily endorsing the many en-.
comiums that have been passed on his virtues
and his usefulness, and feeling with them That as
a board and as citizens we have lost useful
member and the community worthy citizen,
would aid this tribute to his memory.
Cut otf, as he has been, ere he could reap inc
benefits proposed by this association, winch he
would have labored have built up lor tne Dene-
ft Of his fellow. men, we would cherish his memo
~; therefore be II
Resolued, That in the death OF their late mem.
ber Henry Cobia, ESQ.,, the members or TINS
board realize that they have lost one who, Mad he
been spared would have aided them win ms
counsel and have directed them with his SOUND
Judgment, and that, with the other associations
with which he was connected, they realize iully
the loss they have sustained.
Resolved, That copy or the preamble anu
resolutions be sent to the family OF the deceased,
spread uron this minute OF the board, and puo
lished In the daily newspapers.
Mr.. John Fl. DevereuX was unanimously elected
to fill the place made vacant by the death OF Mr..
Cobia.
The president called for the report OF the Com.
mittee on Bylaws.
General Conner from the committee, stated that
the committee had not been able to agree on
report; that two reports were submitted, and as
they were very dssmiar, he recommended that
the present committee be discharged and another
committee appointed who might harmonic the
TWO reports.
On motion, the committee was discharged and
O committee Of seven, consisting OF Messrs Bee,
Duncan, Vance, Darby, Conner, Boggs, with the
president as chairman, appointed. The meeting
adjourned to receive the report OF the committee,
at O'Clock, P. n.
AFTERNOON SESSION. p. N.
A quorum being present, the president called
the meeting to order. The report OF the commit.
tee was, with slight amendments, adopted.
The following officers and standing committees
were elected to serve during the ensuing year:
General F. Gilmer, ylce.Presdent, for Geor-
E. Nye Hutchlson, vlce.President, for North
4. A. Kuloch, NJ. D., Robert Lobby, Jr, NJ. D.,
Committee on Finance-Thc President, ex
otflclo chairman: ]. +. Gilmer, vlceprcsldent ex
otiico member; E. Nye Hutchlson, vice president,
eX onlcio member: WRl. G. Bee, G. w. Williams,
Andrew Simonds Robert Mure, A. s. johnston
John B. Palmer.
on Assurance-The President. ex officio chair
man; L. D. Mowry, ]. r. Dukes. VIM. 6. Whilden,
]. S. Preston, Vim. Duncan. Geo. F. Boggs.
on A0encieS.-The President eX otilcio chair
man; James R. Pringle. z. B. Vance, George Ii.
Mofett, John Screven, James Conner, Richard
O'Neale, Jr.
ry BischotT, Geo. H. MeMaster, John Il. Devereux.
On motion OF Ex-Governor Vance, Of North
Carolina, a special committee on bylaws was ap-
pointed by the president, to consist OF three,
whose duty it should be to notice closely the oper-
alton of the present system of bylaws during the
next twelve months, and report any changes they
may deem advisable at the next annual meeting.
The president appointed Messrs Bee, "hiiueh
and Johnston committee. Meeting adjourned
GEORGE E. BoGGS, Secretary.
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