The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1882-07-18
THE UNIVERSITY.
Meeting Of the Board Of True
tees Yesterday A.
ternoOn.
The Question Of Site Fully Dis
cussed and the Barrett Prop
erty Selected.

| Inc board OF trustees OF the Seudlla uni
versity met at the First National banl
yesterday afternoon at 3 o'clock. The fol
} lowing officers were present Rev. q. A
Beattie, Dr. w. H. Wood, ID. H. Smith, j
H. Mertz, Col. J. d. Crawford. J. NJ. Clute
G. w. Ready, DIR. }. w. Trader and Col
A. ID. Jaynes.
The meeting was called to order by d
H. Smith, president of the board.
On motion of Prof. G. W. Ready, the
articles of association were amended to as
to make seven members constitute a quo.
rum instead of nine.
The president stated that the first and
principal business before the board was to
determine the matter of site. Mr. j. H
Mertz moved that a committee of five be
appointed on site This motion called
forth a lengthy and somewhat animated
discussion.
Col. Jaynes thought that the subscrip-
ton made thus far had been made for a
specific purpose, to-wit: The purchase of IF.
ty four acres of land, twenty acres of which
were to be devoted to university purposes,
and that if this project was changed, the
organization was changed, and was vir.
tually at an end. Mr.. Mertz
thoug ht that the land company had nothing
to do with the university. He said: I'VE
are here in the capacity of trustees of the
university; we are not talking about the
land company, only so far as the dOna-
ton is concerned. Our sole object is TO
organize and build up university, and We
should accept the best site"
Col. Jaynes thought that the organiza-
ton of the university was based upon the
land scheme, and he had never looked at
the matter in any other light.
DIR. Trader thought that the board had no
right to entertertain any other proposition
i'm reference to the site. than the one COM
ing through the land company without
calling a meeting Of the stock holders, as
this board is merely acting as their trustees.
and no new proposition can be entertained
unless the whole matter is reconsidered, as
the university is the child of the land COM
pany, and can only carry out this contract
made with The land company for specific
purposes.
Mr.. Mertz insisted that the board had the
right to select any site it deemed proper.
The secretary read the articles of asso-
citation of the land company, which stated
the object to be ito purchase tfty-four
acres of land, twenty of which shall be
donated 10 the university.
Col. Crawford thought that ii this con-
tract was not carried out the board was at
an end.
Mr.. Beattie agreed with Mr.. Mertz that
the university is separate and distinct
from the land company. He did not
think that the hands of the hoard were
tied and that they had right TO accept
any other proposition they saw fit The
subscriptions made TO buy the land would
of course fall through and the land COM
pany would 60. The land company did
not appoint these trustees The trustees of
the land company and the trustees of the
university were appointed by two separate
and distinct meetings.
Prof Ready said the stockholders of the
land company elected the trustees of the
university and if the original scheme fell
through, this board would cease to exist.
Mr.. Beatlie insisted upon his point, that |
these trustees were elected by the citizens
and not by the land company.
DIR. Trader wanted to know where the |
board would get its franchise, if il cut |
loose from the land company, as a fran
chise could not be obtained without prop |
erty. He claimed that the board as now |
constituted had no right to accept any /
proposition In reference to land the pro-
vince OF the board was merely to manage |
the affairs of the university.
Mr.. Mertz said that subscriptions to the |
amount of $500 had already been
pledged for the purchase of sixteen acres of |
land on East Broadway. Of course if this
site was selected the land company would
fall to the ground, bu; the subscriptions made
to purchase the Barrett property would, he |
thought, be turned over for the purchase OF /
the proposed site i'm East Sedalia, and he |
thought about from 5000 to $1,000 could /
be raised.
After some further discussion, the mo- /
ton to appoint a committee on site was
lost.
The president then stated that the only
before the board was the one
for the Barrett property.
Mr.. Cute moved that the proposition of |
Mr.. Barrett for the twenty acres of land be
The proposition of Mr.. Barrett, or rather
the proposition of the land company
through Mr.. Barrett, is that when 200
shares OF stock are subscribed, and 20 per
cent paid i'm, the land company will make
a deed to the university OF twenty acres of
land. There are 1872 shares now sub
'cribed and Mr.. Barrett guaranteed the
balance of the stock.
Col. Jaynes and DIR. Trader explained
that they were at first opposed to selecting
the Barrett property as site, but on ac-
count of the shape the matter was in they
lid not think that the board was at lib
erty to entertain any other proposition.
Col. Crawford thought that if this mat
Ter of changing site was pressed it would
result in general burst up.
After some further desultory talk, Mr..
Clute's motion to accept the Barrett prop
,sition was adopted, Mr.. Mertz alone vot-
ing in the negative
Mr. Raaffio o{4arod tho follovino ros1I,, l