Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1872-02-23
From the Burlington Free Press.
Vermont Horse Stock Company.
ADJOURNED ANNUAL MEETING.
BURLINGTON, Feb. IA, 1872.

tHS W uO tbS'A NS'g
ice toward none, with charity for all.
Vernon P. Noyes, Esq, called for th,
reading of the minutes of the meeting
year ago. They were read by Leonard
Tucker, superintendent of stock farm.
Gen. Stannard called Tor the reading
of the Treasurer's report, and some dis
cussion on the subject followed.
Mr.. A. j. Craine called for the report
of the last meeting. 1t was read by the
Secretary.
Col. Arnold moved that the Secretary
have leave to withdraw his report tor
the purpose of amendment. Objected
to.
Mr.. A. j. Crane called up the Treas
urer's report at the last meeting
Luther G. Dodge, Treasurer, read the
report. He then read the report for
the whole year as follows:
Total cash received by the company
from all sources, S73,4S7.50. Total dis
bursement, ST. ,300.l2. Cash on hand.
s2,1S73S.
The Treasurer stated that there re-
manned $4,000, subscriptions uncollect-
ed.
Mr.. Brownell moved to call up the re-
port of the Committee on Credent ais !;
carried
Committee on Credentials retired for
consultation.
On motion of Hervey Spencer the
treasurer's report was accepted.
Superintendent report was called for
and read by Mr.. Tucker.
N. r. Miller moved to accept the re-
port
Mr.. Noyes wanted the detailed report
of the expenses of the purchasing com.
mittee.
Mr.. Dodge stated that part of the
sum named as the travelling expenses of
the committee should have been charged
to the keeping Of the horses, etc.
Mr.. Noyes enquired if the company
had any outstanding debt not alluded
to in the report.
Mr.. Tucker said there was none.
The report Of the superintendent was
then voted upon and accepted.
Mr. Noyes asked for the amount of
stock taken and not paid in.
Mr.. Dodge said it was about $4,000 as
he had before stated.
Mr.. Noyes asked if Mr.. Tucker had
ever assured any persons that they
would not have to pay their subscrip-
tions.
Mr.. Tucker explained that he had
done so TO some extent, but had learned
better in time. He had been deceived
by some persons, and his doing so was
because unused to the business. He had
done it for the purpose of starting sub
scriptions.
Other gentlemen sharply questioned
Mr.. Tucker.
Vernon P. Noyes, Esq, offered the
following resolution:
Resolved, That the capital stock be
limited to one hundred thousand dollars
and that no more subscription to the
capital stock be received with the privi-
lege OF stallion service to its subscrib
ers.
Mr.. Dodge objected to the first clause
limiting the capital stock to 100000.
Mr. Dodge called for division of the
resolution which the chairman consent
ed to.
The first clause was voted upon and
lost.
The second clause was then voted upon
concerning stallion service, and also
lost.
Report of the committee on bylaws
was called for, and made by the chair
man A. T. Woodward.
On motion Of Mr.. Noyes the report
was laid on the table.
Mr.. Blodgett then read part of the
items of expense incurred by the pur
chasing committee.
Committee on Credentials then re-
ported ana the report was accepted and
adopted.
Gen. Barstow moved that the Com |
mittee on Credentials together with the
treasurer, be appointed as inspectors of
election; adopted.
The revision of theby-laws then came |
up and long discussion followed, which
we have not space to give, and several
important changes were made in the by-
laws.
A petition from citizens of Shelburn.
requested that the stock buildings and
grounds be closed to visitation on the
Sabbath, and that that day he recog- |
nized more properly at the farm, gave
rise to lively discussion.
Gen. Barstow finally moved that the
petition be referred to the directors, |
which was adopted.
Adjourned until evening.
EVENING.
Gen. Staunard presented the foIIoUino,