Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-12-03
ENPnIS APPEAL
m esDAg MORNING, DEC. 8, 1874.


,-nr-roN EXCHANGE ELECTION.
81, ai,le has been the management Of
tI.e sfIairs OF the Memphis cotton ex-
change. and so industrious and skillful
the efforts of the superintendent, that
the institution, after only one years ex-
fstence, has become an object Of pride TO
every one connected with it. 1t is with
satisfaction that merchants Of this city
assert, al am a member of the cotton
exchange" Conquering all opposition
10y its success, silencing all unEindly
feeling by its liberality, the cotton ex-
change stands to-day one Of the proud
est achievements Of Memphis. It has
accomplished all the objects for which 1t
was founded; 1t is sn authority st home,
and exercises strong influence abroad.
II to be 8 member of this body is mat
ter of boast, 60 be elected one Of its Off
GERS is TO obtain a most gratifying token
of regard. For that reason the
first annual election Of the eX-
change, which was held yesterday,
commanded s degree Of attention that
seriously interrupted the ordinary pro-
ceedings Of buying and selling in the
cotton market. A president, vice-pres-
ident, directors and treasurer had to be
elected, and during the entire day the
cotton exchange was thronged by menu
hers who took the DEEPEST interest IN the
bslloting. That the officers Of the past
year observed well Of their country,
was conceded by all. But there were
considerstions-with all respect to the
retiring oflieials-thst drew portion OF
support elsewhere. The principal one
sppeared to be cup town. and "down
town. The up-towners ran the hand
soonest man belonging to them for presi-
dent, Major Guy, Of the firm Of Guy,
Mcclellan d Co.; the dOwn-towners
stood shoulder-t0-shoulder for the former
president, a man whose popularity has
rarely, If ever. been equslled by any
resident of Memphis-who does not re-
spect, admire and love President Gal
breathe To his efforts-his, industry, the
vigor Of his will, the use of his influence,
the sacrifice Of his time, to his devO-
ton to the interests Of Memphis
Isrgely due the grand fact that Men, |
phis has a cotton exchange. The hand |
some major against the popular express
ident-" the boys went in on that" The |
maior proved q tough opponent, al
though he was brought forward at the
eleventh houE-but there were no lady |
voters to pay the just tribute Of their |
admiration, and Mr.. Galbresth was the
conqueror-f' long may he wave" The |
vote for president stood at the close Of
the polls: W. B. Galbreath, "a; W. w.
Guy, "a; total vote, lbs; majority for
Galbreath, 60. For three vice-presidents |
the voting was as follows: Bayliss, 81 I; !
Rawlings, IS; Patton, IS; TreadwelI, 50;
Bowles, 50; Landauer, 80; Eustis, 4s;
j. c. Nicely, L, and other scattering |
complimentary votes. Messrs. B. Bay /
liss, 4. 4. Pa5On, and J. J. Rawlings, |
who were the vice-presidents last year,
were reelected. For treasurer the vote
stood: F. 5. Davis, 81; 5. P. Read, IS;
r c. Daniel, %, and a complimentary
vote Of ) for A. E. Garth, who
was not q candidate; there were
also two blanks. MI. Davis was elect
ed. On voting for the seven directors,
sthe boys spread themselves" and
many Of the votes are to be viewed
simply as expressions Of respect and
good VIII toward those for whom they &,
were recorded. The following is the
vote for directors: Napoleon Hill, 100;
A. J. R. Landauer, 80; T. H. Hartmus,
s.; J. T. Petit, S.; G. H. Latham, 81;
J. 7. Stratt0n, so; W. W. Guy, 70; II.
NJ Nicely, So; B. Babb, IS; w. n.
Brown, 80; W. T. Taylor, SO; 7. B. Dill
lard, 80; A. A. Patton, %; w. T. Eustis, :
-; A. N. Agelasto, L; c. 7. Curtis, II; /
J. !. Busby, a; 5. N. Gates, II; scatter {
ing, a. Total number of votes cast, {
$50. Messrs. Hill, Landauer, Hartmus, {
Latham, Guy, Petit and Stratt0n were /
elected Directors, being exactly last 7
years board reelected. It is with s
pleasure We sdd that the result was re- G
C aived with profound satisfaction; those !
whose candidates were behind express 6
ing their readiness-if the nature Of the 2
case auoWed-tO formally vote to l
make the election unanimous. Two ,
incidents Of the vote ought not to be I
omitted. A number Of votes were {
cast for John TOof as superintend-
ent; IS the superintendent is appointed ,
by the officers, the vote 50 given went :
no further than an expression Of spprO- Z
baton Of the present superintendent. I
The compliment was hign one, but il !
was well merited. The other incident !
was that, that out Of one hundred and /
thirty-0ne members one hundred and q
twenty-eight voted; one OF the Austen '
tionists was away from the city, another I
arrived after the polls were closed, lesv- Q
ing only one intentional abstaiBer from | O
voting. This shows the strong inter- {
est that wSs felt in the election; it 4
also makes more vivid the proEd COM ;
pliment paid 10 the gentlemen now re- Z
elected on the service they had per- U
formed last year. It is a f'Weu done, &
good and faithful" that should satisfy C
any modest mans ambition. The selec- d
ton, st the outset Of 50 excellent a set e
Of officers is no small proof Of the dis 81
elimination used by the members, and a
is, in Itself, a splendid augury Of future {,
success. TIE new board viii organize a
today, and elect q superintendent Of the Ii
l.n-t0lf lvrl1aree for the oou,i,,s, x,asr 3;