The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1878-02-08
Meeting Of Stockholders Of Union County Fair
Ground.

Meeting Of Stockholders Of Union County Fair
Ground.
At meeting of the Stockholders of the
Union County Agricultural and Mechanical As
sociation, held at Union G. H., on Saturday, the
2d of February 1878, for the purpose of devils
ing some means to liquidate the debt now being
pressed against tho Association, DR.. A. w. Thorn
SON was elected chairman and r. R. Rawls, Esq,
requested to act as Secretary.
Mr.. VIM. Munro explained to the meeting that
in -- 1876, o loan of 81 500 was obtained
from Mr.. Jas A. Tucker, to complete the build
ings upon the Fair Grounds; that DR.. A. W.
Thomson, s. NJ. Rice, D. p. duncan and him
self, gave their note for said sum, with the un-
derstanding that other names would be added
to the note, and that, in addition, q mortgage of
the Fair Grounds property was to be executed
to Mr.. Tucker; neither Of which had been done.
That shcre was now due on said note about ST.
585 /; that Mr.. Tucker had placed said claim in
the hands of Attorneys at this place for collec-
tion. The Attorneys, however, ha d courteous
ly consented to allow them time 10 call a meet
ing Of the stockholders of the Association and
others interested in the enterprise, to devise
some plan tof1uidate the debt, and also time
to advertise and sell the Fair grounds, if no
fiSther arrangement could Do muuey py tho Xsso.
citation to pay said demand. Mr.. Munro further
said that the property of the Association, to
| wit: the Fair Grounds, consisting of 80 acres
| of land and the improvements thereon, was am
ply sufficient, if sold, TO pay said debt The
land itsolf cost 5000, which was n, low price for
it, and that between 81 700 and So, 1000 had been
expended in erecting the buildings, fencing, &c.
Several plans had been suggested, for the puy-
ment Of the debt, and among them was this
one: That fifteen, or any larger number Of per-
sons interested in tho enterprise, and who would
| feel secure in the Investment, purchase the
property and pay of ihs debt of Mr.. fuckers.
They could then hold tho Faiv Grounds as
rs heretofore. This, though probably feasible,
was not desirable, ~ DsesspEsohks' First, those
Of the original Stockholders who failed to come
! into the arrangement would lose their stock /;
second, he was afraid that interest in the enter
prise, on tho part Of the community Mt large,
would lag. He thought it desirable that the
whole county should be interested in the enter
prise, and an opportunity offered to oil, and cs-
pecially the old subscribers, to subscribe and
pay off the debt and save the property.
Mr.. b. D. Culp said, he thought it would be q
citation to DO sold and pass out Of the hands of
the original ockholders-although there were
SO few Of them--the amount of stock paid in
not being much over 5000. He was afraid tae
cry would Immediately be raised, 'that it was
controlled by n few men in the town of Union." !"
He wanted the farmers and citizens oil over the
County to have and to take an interest in the
success of the County Fairs. The success met
wis,, icretufore -o.sssA LIE,
therefore, hoped endeavor would he made to
increase the subscriptions to the stock and there
by extinguish the debt,
Col. d. p. Duncan offered the following reso-
| lutions, which were adopted:
| RESOLVED, That the chairman of this meeting
| appoint committee in each Township TO solicit
cash subscriptions to the capital stock of the
| Agricultural and Mechanical Association of
| Union County.
Resolved, That said Committees, or their
Chairmcn. meet at this place Saturday, the
23d Of February, to report the amount of cash
received by them.
RESOLVED, That an adjourned meeting of the
stockholders be also held here at the same time.
Resofued. That if tn. amount of cash raised
| by these committees should not be sufficient TO
from being sold, the money subscribed to the
committees will be refunded to the subscribers.
The following are the committees appointed
under tho first resOlutiotion:
Union TO1nshp-B. d. Culp, F. NJ. Farr,
John Brandon, r. 8. A. Pearson.
Santuc. G. B. Hogan, w. r. Briggs, Reuben
Thomas, r. c. Fa,r, DR.. A. E. FAINT.
Fish Dam. J. c. Richrds, ]. j. Welch, Da-
vid Thomas, p. p. Hamilton, Jr., ". NJ. Eng
lish.
Goshen HI. D. p. Duncan, j. T. Douglass
]. C.. Hunter, r. B. Lyons, Robert Beatty. Jr.
Cross Keys. J. X. Minter, Seaborn billiard
, d. ii. Sheldon, r. ]. Belsill, W. ii. Norman.
Boganspihe. r. NJ. Robinson, j. F. Norman
Judson A. Gibbs, Asa Smith, Jasper Gibbs.
JonespiHe. F. w. Eison, 7. l.. Hames, b. b
Foster, II. +. Means, w. j. T. Glenn.
Pinckney. J. C. Farrar, F. r. Cudd, II. T
Gallman, I. N. Kelly, w. A. Moorehead.
Goudeysuitke. s. s. Walker, A. A. Sarratt,
R. Jetferes, w. A. Whisonant, DIR. Wade Fowler
Draytonuiile j. d. Jefferies, F. G. Briggs
A. F. Smith, F. G. Latham, John Barnhill
The meeting adjourned to meet again on tn,
23d Febreary, instant.
tr. r. r. RAWLS, seo'y.
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Heavy Judicial Loads. .:'