Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-13


The regular meeting of the board of di
rectors of the chamber of commerce was
held yesterday morning with the following
results:
REORGANIZATION.
The matter Of recognizing the cham
Der, which at the last meeting was made
the special order for yesterday, was taken
up as the first business before the board.
The propositions upon which the reorgani-
zation is to be made have been printed
heretofore III the GLOBE in full. These
were before the board yesterday printed
on slips and circulated among the mem
bers. The whole plan was talked over in
kind of an informal manner and one
amendment after another was offered.
Finally, after adopting some and reject
ing others, it was concluded that the secre-
tary should incorporate the amendments
with the text of the report, in the
places where the amendments
belong, and send a copy to each of the
members, with a view to having the matter
brought up at the next meeting of the
board. The following is the report as
amended
There shall be two classes of member
ship of this association, viz, perpetual
memberships and annual memberships.
Any resident of the city of st. Paul may
become perpetual member of this associa-
ton by subscribing to an agreement to
| become such, and to abide by the charter,
| bylaws and rules, and paying member
| ship fee of one hundred dollars ($100), and
| by subscribing to an agreement to pur-
| chase of this association its bonds to the
amount of not less than five
hundred dollars ($5OO) in par value,
and to pay for the same their par value,
said bonds to be the second mortgage
bonds described in the resolution author
izing their issue, adopted by the board of
| directors of this association on the twelfth
| (12th) day of March, 1888. To any one
having compliedSwith the foregoing con-
| ditions, certificate of perpetual member
ship shall be issued, signed by the presi-
dent and attested by the secretary, and
having the seal of the association at
tached.
Perpetual memberships shall be trans
ferable by assignment or bequest, but no
person can thus take or hold a perpetual
membership who already has and holds
one, and the certificate of any perpetual
membership transferred shall be
delivered pp and Cancelled, and
a new certificate of such mem
bership issued before the member taking
the same shall be vested with the rightf
and powers of membership. The board OF
directors shall have power to make assess
ments upon perpetual memberships, but
the aggregate amount for any one year
shall not exceed ten dollars $50 upon any
one such membership, and until the expi-
ration o. the present annual membership;
the perpetual memberships shall possess
the same powers and rights as the annual
and Nd other.
Any resident of the city of st. Paul may
become an annual member of this associa-
ton by subscribing to an agreement to be-
come such, and paying membership fee
of ten dollars ($10), whereupOn a certif
cate of annual membership shall be issued
to him, signed by the president and attest
ed by the secretary, and have the seal of
this association attached.
Annual memberships shall continue in
force upon the payment each year of the
sum of ten dollars $50 to the secretary
of this association, and shall be subject tc
no other assessment. Annual memberships
shall not be transferable.
} In case of the dissolution of this assoeia
ton, or the surrender of its franchises, the
} ownership of all property, whether real OF
} personal, of any kind whatever, shall yes
in the holders of perpetual memberships
subject to any valid lien or mortgage
thereon, and the holders of annual mem
berships shall have no claim on such prop
erty or any part thereof, and no real estate
of the association shall be sold or mort
gagged without the consent efa majority o
; the perpetual members, and this bylaw
shall not be abrogated or amended withou
the consent of a majority of the perpetua
, members.
Provided, however, that the amendnen
to section 1, as herein provided, shall no
take effect until one hundred (1OO) per
sons agree to become perpetual members
and bonds to the amount of $4,000 al
| herein provided are agreed to be taken.
MISCELLANEOUS.
The above is statement of all the bust
ness transacted By the board, but besides
this there was some outside matters luggeC
into the discussion.
Mr.. Willius stated his opinion in regard
to doing something to keep young mel
from going astray. lie stated that he haC
known of number who haC
gone into bad society and INDUCED
in habits of drunkenness who would
have been good and responsible members
of the community if they only had prop
er place to go to, some pleasant reading
room where they could entertain them
selves and be entertained. He suggested
that it would be good thing for the cham.
Der of commerce 10 take hold of the matter
in some way. He presented no specific
plan but thought something ought TO be
done.
Mr.. McClung suggested that it would be
a good idea to invite the board of trade to
join with the chamber in the project OF
erecting building.
Mr.. McIllrath, from the board of trade
stated that he could not speak by authori-
ty as he had not been authorized by the
board to speak for it. He would, however
speak from a general knowledge of what
was desired by the board and that
was that the board would
cheerfully join, provided the building was
located in desirable place, not other
wise.
Mr.. Lindeke, Mr.. Thos Cochran and 9th
ers expressed their opinions on various