The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1874-08-25
Annual Meeting 81 the Dallas Hoard or
Trade,

'IhTk, pfehlucnl, lnc HecoHu hhh"'
meeting Of the Dallas Board Of Trade
was held on Saturday last, In the large
and airy hall on the corner OF Market
and Elm streets, which has recently
been fitted up for the board.
The meeting having been called to
order by the president, the minutes Of
the Inst meeting, held on the 9th Of
January last were read by Mr.. 4. Il.
Marsalls, secretary, aud confirmed.
President Clark then explained the
special object Of the meeting 10 be the
election of officers for the ensulngyear,
Mt the same time announcing that UNI
der the bylaws none Of the old officers
were reeliglble. lie also proceeded to
show, In II few forcible remarks, the
good that was 10 be expected from the
organization, II 1t was kept on a live,
active basis, and illustrated his posi-
ton by the experience Of other COM
mercial cities.
Captain y. j. Adams moved that all
present who were not members of the
board be allowed to enroll themselves
before proceeding TO ballot for officers,
and that the initiation fee be fixed ut
ten dollars.
This motion was adopted, and the
names Of twenty-five gentlemen were
ut once added to the roll of members.
This makes the total membership
amount to about sixty,
On motion of Mr.. A. Davis, a COM
mittee of three was appointed by the
president TO wait upon the business
men Of the city and ask them to be.
come members of the board. The
president appointed Messrs. A. Davis,
A. 4. Obenchain and G. Is. Stephen
son.
The election OF officers was then
gone into. On the first ballot for pres
ident there was no election. On the
second ballot, Colonel {. NJ. Wheat,
the popular dry goods merchant, was
elected by handsome majority. The
new president was at once conducted
to the chair by the eX-president, and
IN very graceful manner expressed
his sense of the honor conferred upon
him. President Wheat said he felt
that he could claim at least one quail
fication for the position to which lie
had been elected, and that was All earn
est and Jealous desire for the prosperl-
~ and advancement of Dallas.
Colonel John Kerr, president of the
First National bank Of Dallas. was
elected vice president, Major Eugene
Baylor, secretary, and J. l.. Leonard,
treasurer.
On motion, n committee of three,
consisting of Colonel A. Il. Obenchain,
Captain $. J. Adams and Mr.. Il. l..
Marsalis, was appointed to nominate
seven directors to serve the ensuing
year.
The committee recommended the
following names, all of whom were
unanimously elected WI. Clark, A.
Il. Obenchain, W. q. Randall, A. Da-
Wis, II. V. Tompkins, Thomas Field 3
and b. +. Luce.
Captain S. j. Adams, chairman Of
the party of excursionists that recently
visited ST. Louis, Chicago, Louisville
and other cities in the interest of Dal-
las, made a brief and interesting re-
port of the trip, and Of the advantages
that he hoped to result therefrom. He
said that the most important matter
that they found to claim their atten-
ton was that of freight rates, and the
unjust determinations made against
this city. For instance, at Louisville
they found that for u first-class car
from that city to Houston was $500; to
Dallas the charge was 1910, and that
the same scale of discrimination was
maintained on other articles. The
same state of things was found to exist
in the freight rates from other cities to
Texas. The attention of the Boards of
Trade of the different cities visited had
never been called to this matter, and
they were not aware that such dis
examinations existed. They will here.
after cooperate with the Board of
Trade of Dallas in having these dis
ordinations removed.
Captain Adams said that while all
the party enjoyed themselves on the
excursion they still kept an eye to bus
mess, and that he felt sure that mate
rial benefit would result to Dallas from
the intercourse the eXcursionists had
had with the business men of st. Louis,
Chicago, Louisville, Memphis and Lit.
tie Rock.
Captain Clark moved that the
thanks of the board of trade to the ex-
cursionists for what they had done for
Dallas be rendered by n rising vote.
It was adopted unanimously.
The bylaws require an arbitration
of five, and an appeal COM
nittee of seven to be appointed to
serve for twelve months. President |
White deferred the announcement Of
hese committees until the next regu-
ar meeting Of the board. A committee
If correspondence of three, to be Sc
ected by the directors from among
heir own number, is also provided for
" the bylaws, and will be announced
It the next meeting.