The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1877-01-11
The state Agrtculsarai society.

/ y The state AsrtcultarnI socfety-f
MEETING. or THE DIRECTORS YEsTERBAY-THt
LTEE-MEKBERs on THE SOCIETY IN SESSION
r., INTHE, HxrL, OF 5HG HOUSE ORDEaiEaATEs-
DEBATEpoN Il NOTION TO AlfDsb AEARTGCLF
tOF THE CONSTITUTION IN RELATION Tt
= CHANGING 6HEF0RM OF FCERTAM'TNDEBTED.
PtaNKss OF THE SOCIETY aae ,i:S".i9f1a{5
+. A Ineefing1o the Executive Committee oi
the State AGRICULTURAL Society yasti held q,
| the Ballard H0tsse Yesterday, Vice Presi.
dent WA. Burke III the chair.t Anu1iber
FOX protests and complaints and other com.
miinications in relntion to the premiums OF
| the last Fair were read and acted upon.
The claim of Mr. John S. Wise for defend-
ling Cadet Ward was reduced from $50 to
S25. q General Williams g. Wickham was
elected member Of the Executive Commit.
tee in place OF DR.. Stewart, resigned
Messrs. B. 3. Barbour, A. M. Bowman, and
W.T.. Walker were appointed a committee
to examine the accounts OF the secretary
aid treasurer. The last Tuesday in Octo-
ber waSl fixed as the first day for the next
Fair. Adjourned. .1Z1 =. ''.S,<-l !
LIFE-HEMBERS OF THE VIRGINIA STATE AGRI-
.,..,; CULTURAL SOCIETY IN COUNCIL .,,.
|. Pursuant to notice duly. published, q
meeting of the life-members Of the Virginia
State Agricultural Society. was held last
night at 8 o'clock in the hal, of the House
OF Delegates to consider q proposition here
tofore offered to amend the constitution OF
the Society so ag to authorize the Executive
Committee to mortgage its real estate (near
this city, for the procurement Of funds for
the eStfnguishment OF its floating debt,
stated to beSl3,600.
Among the life-members observed to be
present were Hon.1A. II. H. Stuart, Of Au.
gusta; E. G. Leigh, secretary; Colonel III.
! 6. Cabell;. Colonel W. G. Knight; Peyton
Johnston, travelling agent Of the Society
General w: II. F. Lee; E. g. Booth, for.
merly OF Nottoway, now Of Philadelphia;
Dr., W.. T.. Walker, of Goochland; Major
S., W.. Ficklin; Fl. G. Cabell; DR.. Il. R.
Dickinson; DR.. J. W. Woodbridge; DR..
Terry, of 'Mecklenburg; w. r. Burke, OF
staunton; Colonel j. H. Guy, OF Rich.
mond; Sherwin McRae, of Henrico; Colo
mel f. q: Ruffin; Alexander McRae w.
t. Gordon, Of Louisa; DR.. Blair Burwell,
w. @. Morton, the representatives Of the
city press; Richard q. allen, Goochland
Hon. E. w. Hubbard, Buckingham county;
John L. Eubank, Bath county; ED. Eacho,
! Chesterfield; :; Isaac Davenport, Jr., banker
and agriculturist; General Joseph R. An
derson; A. NJ. Bowman, Augusta; Rich
ard Barton HaxalI, of Orange, and others
Colonel w: A Burke, OF Augusta, called
the meeting to order, and said it had been
convened, on a suggestion OF Colone
Knight, on November Sd, to alter Oh
amend an article OF the constitution now
existing in relation to changing the form o!
certain Indebtedness Of the Society.
Colonel Knight, late president, said there
were 1,500 life-members on the list OF thu
Society. It appeared that about 300 OF these
were represented personally, and over 30(
by proxy, on the present occasion. HI
had no proposition to submit himself, bu
would be glad to hear from members pre-
sent. To be exact, there were 1,573 life
members, of which 307 were nominal.
represented on this occasion. About 200 O
the original members were dead.
DR., Walker and A. W. C.. Nowland, Esq.
spoke of the necessity OF some definite
action.
to hypothecate the landed property Of th'
Society to pay any supposititious debt-ar
apocryphal obligation at best-was MOTTO b.
thought of. We should rather pledge th
net receipts Of the Society for a term o
years, ii this should be necessary. The in
debtedness was not larger now than in tn
olden time. He described certain bond
which could be issued by the Society, ant
be sought after by capitalists, absorbing th'
complained-of Indebtedness.
T. Colonel knight gave an explanation
OF the. operations of, the Society be
fore, during, and after the war; how
it had started and acquired its presen
status; said its property, at yerl
small valuation, with improvements, wa
worth SS0,0O0. The Society was bound To-
the debt. He did not like the suspicion o.
deed of trust, but wanted to carry all th'
| indebtedness in one obligation instead O.
different notes in bank, &c. A bill was now
pending before the Legislature to authorize
| the issue of bonds for SIS, 900 by the Soci
ETY., oil of which Mr.. Gilliatt, Of England
had said he would take on reasonable rate
of interest. .,.r '.E1
A member: What is the: object of thil
meeting? :l 4" Er .t.'
Colonel knight: I don't think there was
any use OF this meeting Of the life-members
at all. The constitution conferred all tht
authority necessary to get the money re-
quired. E
Colonel Burke, the president, explained
what was desired or hoped to be acquired
by the assembling Of the meeting.
| Colonel F. G.. Ruftin: The above state
ment OF the case being accepted, / move
that we do now adjourn. a
Colonel Cabell opposed the motion to adj
journ and offered some remarks in explana.
ton OF the present status of the Society.
Colonel knight reiterated his belief that
the constitution conferred all the authority
required to issue bonds in place of notes,
which Mr.. Gilliatt, the English capitalist
would accept.
On motion of Colonel II. G. Cabell the
meeting adjourned to the second Wednes
day in February.
The NORTH CAROLINA DEBT-MEETING OF
BoNDHoLDERs IN THIS CITY YESTERDAY