The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1880-01-21

held and the following vote was passed:
Whereas sundry creditors of this company
hold the bonds of the company as collateral
for Its Indictment; and whereas the creditors
SO holding collateral desire and call for pay
nlent and are disposed to realize from the sale
OF their collaterals unless otherwise paid; and
whereas the company has not the means and
ability to redeem the collaterals by paying or
otherwise securing the debts: and whereas it
is oelleved that it would be prejudicial to the
interests OF the company to have these bonds
disposed OF by forced public sale, therefore
Voted, That Messrs George Walker. S. e.
spring ami James L. Baxter be a committee
OF the stockholders to arrange for a settlement
OF any debt of the corporation for which its
oon4ss navh been given as collateral, by pay
nleiit oil the debt in bonds on such terms as
they in their Judgment shall deem for the best
Interests of the company, and the directors are
Hereby requested to ratify and carry into eff
feet any arrangement made by that commit
tee,
Voted, That this company ratifies and APP
proves the doingS of the board of directors
whereby at sqndry times the bonds of the COM
pany have been issued to members of the
board as collateral security for liabilities as
sumed for, and advances made to the company
for the uses of the corporation, provided this
ratification and approval gives no right to any
such members to dispose of such bonds held as
collateral except as provided in the following
vote:
Voted, That the Treasurer be and hereby is
authorized and directed to discharge and pay
Oft all any Indictment of the company to any
of its officers or directors for bonds of which the
company have been given a collateral security
by full transfer of such bonds or any portion
thereof at such rates the committee of the
stockholders, Messrs. Walker, Spring and Bax-
ter approve, in every case which the creditor
will so settle and adjust his claim, and fully
release the same.
Odd Fellows Mutual Relief Association.
The annual meeting of this association was
held at Odd Fellows Hall last evening.
From the report of Isaac f. Clark Secretary,
we gather the following statistics:
Membership at last meeting ..........l, 400
Admitted during the year. ..........,.... ~
Renstated during the year ............." 10
Total. IL 1868
FROM WHICH DEDUCT.
Deceased during the year ............."17
Dropped for non-paynent of assessments. 20
Withdrawn from the Order.
Suspended in Lodge...... ..........-..
81
Now in membership. s.1512
Highest membership for the year BIO
Average membership for the year 49,. 1908
Average age of deceased members for the
year OBSERVATION-DISCLOSURES. ......ff years
Average age of members admitted for the
Average age of members reinstated for the
year ....,............ ..oo
Amount paid to the families # deceased
members during the year. ....S25, 10000
Amount paid to the families of deceased
members since the organization OF he
association SIS, 1890
the year Observation-Disclosures. .$26, 54435
OF the deaths during the year, one was be-
tween the age of 81 and 81, seven between 81
and Al, three between Al and 81, three between
81 and CT, and three between 81 and IL OF
the deaths for the year . died of consumption,
2 of softening of the brain, 2 OK suicide, of
cancer of paralysis, of explosion of cannon,
of malignant tuinor. Of gastric ulcer, of
tuberculosis of pneumonia, of heart disease,
of apoplexy, 1 of valvular disease Of the
heart, of yellow fever.
From the report of Nathaniel g. Cummings,
President, it appears that the receipts of the as
ISOLATION for the year were 6,931.90; invested
fund at this date, S6,622 II.
The following officers were elected for the
ensuing year:
President-Chas. H. French.
Secretary-Isaac T. Clark
Treasurer-Nathaniel G. Cummings.
The following named directors were elected
for the term of two years:
Roland Y. Barber, Maine Lodge, No. l.
Edwin A. Gray, Beacon Lodge, No. 81.
j. Henry Crockett, Unity Lodge, No. 3.
John NJ. Brown, Ancient Brothers Lodge,
Nod.
Daniel Brooks, Ligonia Lodge, No. ).
Daniel W. Nash, Harmony Lodge, No. 49,
Sebago Wood Board Company.
AT the annual meeting held last evening the
following were the officers elected:
President-Wm. A. Russell, Lawrence
Mass
Clerk-E. B. Denison, Portland.
Treasurer-Chas. A. Brown, Portland.
Directors-Wm A. Russell, Lawren ce.
Mass: VIM. III. Wardwell, Boston; John S.
Brown, Baskerville, n. H.; James FL. McMul-
Ian, Portland; Chas. I'll. Amsden, Baskerville,
n. H.; Warren +. Daniel, Franklin, n. H.;
Chas A. Brown, Portland.
Portland Steam Packet Company.
The annual meeting of the Portland Steam
Packet Company was held at the companys
office On Franklin wharf yesterday afternoon at
half past three o'clock. The following Off
GERS were elected for the ensuing year:
President--E. Clark.
Treasurer and Manager. B. Coyle.
Secretary. +. Lscomb.
General Agent. B. Coyle, Jr.
Directors-E. Clark, j. B. Coyle, john
Engls, Jr., FL. j. Libby and Charles Fobes.
Presumpscot Iron Company.
The annual meeting of the Presumpscot
Iron Co., was held at their office, 1914 Fore St.,
yesterday afternoon. The following officers
were elected:
President-H. N. Jose.
Clerk and Treasurer. w. Leavitt.
Drectors-H. N. Jose. FL. M. Payson, j. S.
Kicker, j. d. Fessenden Jos. Richards.
The company started Dec. 1, and have con-
tracts lor several months ahead.