The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-13
FURNITURE DEALERS.

CONVENTION OF DELEGATES FROM FIVE BOARDS
OF ExcHANoE-RgsoLuTIoNs ADOPTED.
In accordance with the provisions of previous call
the delegates OF five OF furniture exchange rep
rcsenting different sections Of the Union, met In
convention yesterday at No. 100 Canal street.
the headquarters OF the New York Furniture Board
OF Trade. The delegates were From New YORK,
Messrs Peter Kehr, George Brown and A. Molten,
Jr: New England, Messrs i. NJ. Holmes, W. A.
Haskell, H. B. Metcalie and James Wemyss, Jr Chit
cago Messrs J. L. wnittlesssy, L. NJ. Angie and I.
M. Blackstock; Cincinnati, Messrs. A. 4. MITCHELL 5.
Hepshawb. Jr, aud s. A. Clarke; Louisville Messrs.
Charles r. Long, Jonn A. Diokerson and l.. T. Duval.
Mr. f. N. Holmes, OF the New England delegation,
called tue order stated the objects
ana Interests which would cuim their attention. TIE
speaker was, upon a notion made temporary chair
man, and Mr.. l.. N. Angle, Of Chicago temporary
secretary Mcssrs MetcaIfe, Whittlessey, Mitchell
Brown and Duval were appointed committee on
permanent organization, which WAS not perfected
until Two O'Clock. when the committee reported the
following named gentlemen as their choice Tor perma-
neu. officers :--Pres,dent F. NJ Holmes; vice presi-
dent, George Brown; secretary. L. NJ Angle VINO
IL was then resolved that topics coming before tho
Convention should BIZ submitted TO committee COM
posed OF de egate from Of the boards prese nj
and 1t further agreed that matters connected with
the giving credit should be referred 10 committee
OF tive.
A resolution was adopted whereby a committee on
bankruptcy and failures was appointed
the president was, by resolution, empowered to ap-
point u committee OF three general resolutions.
He appointed Messrs Peter kehr, II. L. Metcalie and
A. H. Mitchell.
RESOLUTIONS
Mr.. Kehr road the preamble and resolutions, which
are printed below. They were referred tor action to
the appropriate ccmmttee:-
Whereas in accordance with the existing necessities
that the anG f1ae TINS snoua ~
of
enlarge the demand TO supply their nscessitie 80 that
but that such extended trade be
or ss but a, Of hs only ,da
highly 70 be spDeS Us mean. In tns
TERED to; aud whereas the credit system has thus
been ~, bs ppsa sns and sa
credit thus Literally bestowed has been dishon-
community and whereas credit SO
ess In ss ss s 0si se Set
but for the sole TO the same into
hes creSitors eausns many OF them to fail into asa
failing condition thereby contributing 60 large
mistrust and confidence in the trade
and tho country and whereas it being
s ss ' and hanorSs used necessary
the credit system should be- revised ana ey rule
only as better further commerce AID trade,
business affairs Which shall serve as tho leases upon
when their credit should all tho being
Kssovsa, Tia. The committee prepare estab.
the trade and kindred branches OF this country
! and to report the same TO this Convention.
discussion upon the subject Of giving credit took
place Some OF tue members favored tho policy Of
treating debtors with severity and others thought
that such course would, in many instances. be i'll
furious to the trade.
The following resolution was passed.
Resolved That the Committee Credits be instructed
to de plan which the members OF board
shall the right to avail themselves OF the
Information Of other boards exchanges
this Convention and report ON the same
At four O'Clock the Convention adjourned till len
O'Clock To-day. just alter adjournment It was an
uounced That the New York board would entertain
their visiting fellow tradesmen at banquet In the
Metropolitan Hotel.