The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1876-03-02

near as your committee could arrive at it, the
status OF the affairs OF the corporation. 1t is
| merely approximate. as to have attempted to 60
into veritlcation of the CitfereEt items would
have inyoloeed more labor and time than your
committee could spare for that purpose:
Aggregate OF bills reported due from
corporations ACKNOWLEDGEMENTS. s 779 80
Koner debt ......... ..............:.... $3.50 90
SGmmerson bt........................... 600 90
L.lshbaugh debt. ACKNOWLEDGEMENTS. 700 o.
Towberinan debt Observation-Disclosures. 400 90
Bank debt Observation-Disclosures. 1000 90
Premiums for 1875 ............. ........ 1885 26
Other Premiums estimated. 600 90
1888 sc
To meet the liabilities there is nothing left
the Fair has to look to except the balances on
the unpaid cooperative bonds. These appear
from the treasurer's report to amount to sl3,-
1928 80. From casual study tf this report,
your committee can readily see that a large pro-
portion OF this sum is worthless, from the fact
of the insolvency ct many Of the corporators,
aud from the further fact that in many instan-
ces there are credits due on these bonds which
have not GENE to the knowledge of the treasurer,
ard therefore, have not been paced thereon.
Your committee suppose that about 81, 900 may
be ina.e out OF this sources. Besides this the
real estate owned aG the Fair Grounds and the
! ts:lrnlturo and implements thereto belonging,
are all the assets belonging to tie corporation.
With the facts before them the committee Would
respectfully recommend to the corporators the
adoption Of the following measures
A reference of the bnoks and papers Of both
ircasureranl Secretaries to j. N. Kinney, q com
| missioner to make report, so far as lie can,
from them aud any testimony which mag be
| atltluced before him.
| LIST. OF all debts due from the corporation to
any persons other than corporators.
| End. OF all debts due from the co.rorators to
corporations over and above their bonds.
3rd. Ola debts due from the corporators to
corporation after deducting the credits to which
| they may prove themselves entitled either from
the records Of the Fair OF from other legal evil
lenca.
And that before taking snch an account he
give notice in all the papers published i'll Stann
ton, for one month, OF time and place of taking
the same. Your committee name MIR. Kinney
because lie has already somewhat familiar
lied himself with this matter and cHli do this
With less labor and time an therefore less ex
pcnse than any other. Your committee being
persuaded that great irregularities have been
| the result OF the corporators' ticket system
heretofore in practice, and fully admitting the
rights of corporators under the agreement with
which they took stock, to IN rolluee their fam
/ lies free, would respectfully suggest that an
appeal should he made to them to give TIP for one
year these privileges and agree to pay as 9th
ers to enter the grounds, and i'll default of this
being acctded to by t!em that certificate be
issued to each corporator who has paid up his
bond OF quota thereon that he has done so,
and that 10 tickets be Issued at all, but that
corpofators be acquired to attend to the en-
trance at the gate OF those claiming TO be their
families. This will be onerous in some meas
IRE, yet every one will be disposed to submit
to some Inconvenience rather than the society
! be defrautlcf as it has been by the unscrupn-
ois sale OF tickets to parties not entitled there
to. Ii in the wisdom OF the corporation this be
deemed inadyisablc, your COMMITTEES Cap emily
recommend that each corporator be required to
give he names and ages Of each member OF his
| family for whom he desires Il ticket, and that
the Secretary be required to write She natne
| OF each and bis or her age upon the ticket Civ
en-. This will be some protection, as it will en-
| able the authorities to detect in many instan-
ccs the fraud, and plory in public opinion the
| perpetrators thereof.
| Your committee further recommend that the
parties to whom premiums are due, other than
| corporator5 whose bonds are unpaid. be appealed
to by circular letter setting forth the condition
of tile corporation, and asking the parties to
| forcyo tie d15t, in whole or in part. TO enable
tie society to pay off the liabilities that NOW
threaten to destroy it, and that Il list OF tie
naines and amounts SO renlited shall be kept
.alit, published IA some newspaper i'll Stauton,
foice week.
( Your committee farther recommend that
! corporators and ether friends Of the Fair be
urged i'll the same letter to exhibit one year
without claiming amy premium, With view to
| the same desirable end.
Your committee feef assured they will be
borne out in The assertion that the Fair has
not only been q source OF great social happl-
ness and ccmfnrt to the citizens OF the county
and the city OF Stanton, but that the material
nrosncrity OF both have been and are largely
increased thereby. A glance at the difference
in the stock-hor5es, cattle, sheep and hogs
| exhibited at the two last FAIRS III comparison
with those at the first, will fully demonstrate
the latter clause CT the proposition, and every
| one feels an .ner CONSCIOUSNESS OF rhe trslta
OF the first The question arises, can the county
and city afford to forcgo the advantages flowing
| directly and Indirectly to them from the eon-
tinuance of such an institution III their midst?
Aud since the fifth section OF the act incorpor-
a1iny the Augusta County Faig makes provision
both for tie county aud chy so aoiAS, your
committee recommend that the Supervisors OF
the county and the Council OF the city be asked
| TO raise. levy and set apart, to be spent III
| premiums 1T the Next ;anual fair, the sum OF
q, 300.
With the adoption OF these recommendations
and an earnest, hearty co operation Oh the part
OF she farlnels aiid mechanics, ahd their wives
and daughters, of Augusta county ana those
counties surrounding That have so generously
patronized Us, your committee feel assured the
RECEIPTS will he brought back to their original
a,us,,lAt aad The expenditures May be 'n:ttls
comparatively small, thus enabling Us no pay
off our NEST pressing Liabilities and show other
creditors our intention and desire 10 pay '.i!--
thus perpetuaing an institution that already
has done 50 nuc.l to improve our seelian, and
beer the source Ut 50 mach hearty pleasure
and lust pride to 50 many CT is citizens:
CHARLES GRATfAN.
SAM'L A East.
Z. NJ. CUSHING,
A. \. aEHoEEs