Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1876-01-20
$7,9il.7d
t7,N1.74

For 800 shares Of Capital ya 7 20 Ha' .. -
:, STOCK representing. ..... a4,asa00 .s..s
Fo ror hils PAYABLE. ........ d,SoOW
For profit and loss. ....... a14a74 y0u
IOtel, ... ...... -- V,Hl.T
BY net earnings for years, carried sL'-.
to profit and loss. .......... ..... %, l43 IA
An audiung committee, consisting Of William
Dean. W. A. Comsgys, and W. b. Goodwin, was
appointed. u4rI .Uu! II iuI r.li.. b i I
This showing was accepted very fAvorably, a.
clared. The Secretary stated that the Board had
increased lta stock to t5,000, and that 81 shares
yet remained to be taken. .E.E9 u rt
E. D. Porter said that 1t would bs good idea
to further extend the amount Of stock, ~ he was
pretty certain that the Oranges Of this Peninsu-
u would take . hundred shares in order t0 show
tho Association that they were closely associated
and interested In ita future prosperity. The
Oranges were even anxious to show what i'm
pFovsments in the exhibition department could
bs made, 90 that F, trangers should not hereafter
bs disgusted at the small exhibit Of grain ~ he
heard several were last year. He was desirous
that the fair should be )" Peninsula" and not .
Middletown' fair, ~ some persons now con-
sidered il.
r. H. Oummins offered resolution instruct
70 purchase piece Of ground for the rerma-
hent use Of tho Association. Tho resolution
was adopted and the chair appointed E. W.
Lockwood, X. H. Cumnins, H. A. NowlAnd, II.
n. Wllllt6, eNO T. ". Kenmore.
hr. Porter moved that the Board Of Managers
be authorized to offer premium Of 800 TO the
grange OH the Peninsula that should have the
largest number Of articles and grain next year.
This was received with feeling Of dissatis-
faction among the majority of stockholders. and
9 lively discussion between Messrs. Porter,
Townsend, Gov. Cochran, and Messrs. Cummins
and Budd, while the Preside ent called for vote
two or three times, which he finally succeeded
in getting, and the motion was lost.
Mr. Porter attempted to renew his motion, and
spoke Of the advantages to be gained by reooR-
nizing the body OF Changers in the Peninsula
and Offering them an inducement to exhibit
their psoducts together. He had noticed that
too much attention and money had bean paid to
horse.rscing, aud il this was kept up the AS
sOciation would be extinct in year or two. II
the Association did not pass ms resolution, it
would be suicidal act, and put all those Qrang.
ers At distance in antagonism with it.
samuel Townsend replied that these were
threats that could possibly do no harm unless
rurtured by the stockhoders who are now
Grangers and the talk WAS probably for polti-
cal effect.
Another vote was then taken upon the previ-
ous motion, and it was lost.
The election for officers then commenced, and
with three tickets in the field, the following
seps!s%sn we've GhqeAt r. ea6i.s 81 .,s.
Sscretary-J. i. Clarkson.
Managers--E. W. Lockwood, J. H. Walker,
Thos J, Craven, d. W. Uorbit. William Polk, E.
O. Fenimore. L. P. Mcdowell, NJ. E, Walker,
aud X. A. Cochran, Jr.
This makes but one change in the Board-E.
O. Fenmore in place of Chas. Beasten. The
Secretary 10 . new officer.
WA. Comegys moved that q vote Of thanks
be extended to q. Thos. Budd, the retiring Sec
retAry, for his fidelity and labors for the Asso-
citation, and for the efficient discharge OF his du
ties.
Adjourned