The Petroleum Centre daily record. [volume] (Petroleum Center, Pa.) 1868-1873, 1872-11-03

Meeting Of the PrOducers A..
ISOLATION Of the Eleventh
District.
A full and enthusiastic meeting Of The oil
men of the Eleventh District, was held at
The room Of the Association ia Petroleum
Centre, Saturday evening.
Minutes ofspscisl meeting read and sp-
proved.
After roll call the committee on subscrip.
items Of Capital Stock Of Pfoducsr's Agency
reported progress, sad with the additional
shares taken ION the spot" the subs cription
aggregated slXTY-FlvE THOUSAND
TWO HUNDRED DOLLARS.
On motion, . vote OF thanks rendered
James 8. MeCrsy for doubling bis previous
very liberal subscription. James Adams
aud N. b. Payne each also duplicated bio
original Investment.
Letter from q. N. Payne read, donating
TO funds Of the Association smount Of profits
on bis interests in wells which did MT
''shut down for shirtye days" owing TO bic
not having entire con,soi. On motion,
communication received end funds accepted
With thanks
Tslsgrams received from Presidents Of
Associations 10 7,h and sth Districts advis-
ing cooperation in holding (or selling
through On Agency crude as CATS, until
Producers Agency 10 established.
Action on these postponed until sftef
mass meeting as OIL City, and will do our
part 10 hurryius up the Agency and obvia,s
iOe necessity Of temporary substitute.
Flrst seni-s annual election Of officers sex,
10 order and Capt. F. J. Keffsr Chairman
during incomplete organization) elected
Preaidsnt BY exclamation, accepting 10 .
short but earnest aod apt inaugural. Elee-
ton continued. resulting as, below, nearly oil
the officers on liss CHOSEN BY acolamaiion
sud 10 case Of those bailotted for, the MAJ
jori,y vois on motion declared unanimour
After tho cute, piiby and "sdvIsory" re-
marks Of The several officials 10 'accepting
the situation, "ths folIow'n 'ng resolutions were
offered aud on motion, adopted without .
dissenting voice; the hrst Two with applause
snd the roll called upon the third, each
member present responding sflirmssiveiy,
many with sha Charlottesville, emphatic
"shut her down."
RESOLVED, That We congratulate the
Producers Council upon the unanimous sp.
provai Of the Sixteen Districts Of their plan
ofa Producers Agency, "based upon s.ric.
busiuass principles, and which while pro-
,ecting the property Of Oh Producers from
foreign imposli,ops snd ruinousl In snip puls-
tiohs, viii interfere With no fair, homes
legitimate business throughout shs Oil Re
| gions.
RESOLVED That We heartily appreciate
the assistance the PErRoLEuM CENTRE Re-
CORD, and Oil City Derrick end such Other
indspende en-, journals a. justly diseriu,n-
! sting 10 favor Of tie industrial Interests oi
the OIL Regions, commend the open, soher-
ent, defensive sctiou Of tho Producers-up-
90 whom those Interests depend, and ths,
We do strongly deprecsts the tone lot ihose
organs whose nufriendiy oriticisms-os.en-
sibly upon the Intrinsic merits of the pub
lished plan ofthe Produosrs' Agsney-rsally
endorse the secret, usscrupui eos machine
tions Of the Riass aud Combius.ionsl nov
opprsssIng us.
RESOLVED, That % OIL Producers aud
Operators recognizing the fact shat the t.
tusvills Herald and Courier are Opposed ,t
our Interests, We will no longer ::sncouSags
them with our support.
On motion, the proceedings Of this meet.
log. With names Of ofscsrs and: members sp
pended be published 10 the PEraoLEuA
CENTRE RECORD and the Oh City Derrick
Adjourned TO meet next Saturday even.
ing, 10 the meantime sttend 60 masss The
Ne" Meeting 81 OIL City on Wednesday
morning.
F. KEFFER, PrssidenG
J. S. AeCRAY, Vice Psssidspl
J.. P. WALKER, J. A. VERA, Members o
| Producsrs' Council.
J. A. VERA, Secretary,
N. B. PARKER, Tssssusss.
N. H. Payne, Member Of Advisory Beard