Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-11-08
BOARD aF TRADE
Acaion with RessrsI % the Merchants

u
| The Board Of Trade met yesterday at ii
A. NJ in lieu of the regular meeting that
| waste nave been held the day previous.
The PRESIDENT being absent Maj. Rhea was
| called to the chair. 1900.
\ Dir. II. @. Hensley,. chairman of the
Finance Committee, made a report for the
same aud among other things recommended
the following as the amount of initiation
and dues for membership, to-wit: for indi-
viduals 81 admission fee, and 81, per quar-
! er, dues; for retailers, representatives Of
steamboats,, railroads, insurance, telegraph,
transportation and transfer companies, real
estate agents, manufacturers, pork dealers,
livery stable keepers, live stock dealers, auc-
uOneers, hotel prpprietors and professional
representatives So admission fees, and s.
per quarter dues; for bankers, brokers,
wholesale dealers $500 admission fees and
500 per quarter dues. The committee
also recommended that S50.00per month be
paid the Secretary, who was required to be-
come general superintendent for the Board
rooms, keep the same in order for the COM
fort and convenience of the members
and the meetings, to furnish all
necessary information, etc. The COM
mittee recommended that the Secretary
be instructed to collect the dues for the third
and fourth quarters of last year, which had
not been done by the last Secretary. From
an examination of the accounts ofthe Treas
Jrer the committee stated that during the
last year he had received from the Secreta-
ny the sum of. ...$1,I76 so
OF this amount he has paid, by
vouchers, now in possession Of $500.
the committee, the sum off,. sol 55
Leaving a balance of. ......... 1914 50
No books or papers having been furnished
the committee, from which they could as
certain the receipts and disbursements of
the last Secretary, the committee said they
were unable to report in this particular, and
would recommend that the Executive Com
mittee audit the books of the retiring Sec
rotary, and report at the next stated meet
ing The report Of the committee was
adopted, after which the subject of reducing
the merchants tax was presented to the
house in view of the fact that Memphis had
already taken some steps in the matter.
Mr. TeTrass stated that he had received
information from Memphis showing that
the merchants of the above city expected
those of Nashville to act as committee of
the whole in this important question.
President Rhea deemed the question of
such vital Importance to the merchants
throughout the State as to command gen.
erous cooperation on the part of every
merchant, both in the city and elsewhere.
Mr.. Buckner stated that he had received
by the mornings mail petition from W.
r. Moore, Esq, Of Memphis, in relation to
a memorial from the merchants of his city
to the Legislature, asking the reduction of
the merchants tax.
Mr., Terrass moved that committee of
ten be appointed to act in conjunction with
the committee of Memphis merchants in
bringing the subject of reducing the mer-
chants tax before the present Legislature.
The motion was carried, and the Presi-
dent, on motion, was made chairman of the
committee. The committee was not ap-
pointed at the meeting, but will be in proper
time.
The Secretary was instructed to carry the
petition (Which win be presented to the
Legislature for the above purpose) among
the business men and merchants of the city
for their signatures. The Secretary has OBJ
tanned about seventy signatures 10 the pc
tition in the corporation of the Board of
Trade, and as many more will doubtless
sign the same when an opportunity is pre-
scented.
There being no further business the
Board adjourned to meet on its regular day
or subject to a call from the President.