Evening star. [volume] (Washington, D.C.) 1854-1972, 1884-01-14
NATIONAL FA7sk ASSOCIATION.
The Annual Meeting To-day.
A STATEMENT BY PRESIDENT EDwARDS-THE EIEC
TIOS OF DIRECTORS.

TrOS OF DIRECTORS.
The annual meeting OF the National Fair Asso-
citation was held at the rooms of the association in
Vernon ro:" to-day. There was considerable ill-
tercsf shown In the result OF the meeting, cwiny
10 tn" publication OF a card in Slturtiay'S STAR
signed "Many Sto"kholderS,1 attacking Nh James
s Edwards administration as presid.nt. Abou,
forty gentlemen We're present. Mr. Edwards pre-
sided, and Submitted the annual reports. which
We're adopted. Mr.. George k. Repetti ofiiciated as
secretary. The following gentlemen were ap-
pointed us judges to supcrintend the annual elec-
ton: John ;. McCeney: X. +. Parker. Ira ". Hop
kinS. &. :. Cra.beS aGl +. VI. Dranpy. Mr.. Dranev
subsequently declined. and Mr.. James i. oyster
was appointed in his place.
STATEMENT EY PRESIDENT EDWARDS
President Edwards then made a speech, alluding
to the anonymous communication in TIE STAR
There were persons, he stiI. who might take the
statements for true unless c0ntr,dictal Honest
criticism by the stockholders OF an association was
the life Of the association. lie invited for the man
agement or the association the most thorough crit
icslns. He said the communication was printed ut
such 4 time that no answer could be made TO 1t be-
fore the election began He said the statement
that at the election or the Mutual Fire Insurance
company he tMr Edwards was Il self-cOnst.,uted
candidate and out Of 900 votes cast received but
eleven was absolutely false. He denied also the
statement relating to his connection with the Cen.
lral National BANK ana said that II the anonymous
writer made his statements on his own authority
he stated what WAS absolutely false. He said that
as charter member and director OF the Metropolis
Savings bank he served in that capacity until the
bank was merged in the Central National Dank
and subsequently he served as director OF that bank
until his private business and professional engage
ments required him TO resign his place.
Writers OF anonymous communications were the
scums OF civilization. When they were found out
people stunned them. He said he had not offered
himself as a candidate for any Office. BE looked,
however, TO the stockholders Of this association for
whose interests however, he had sacrificed his time
and money to vindicate him.
Mr.. WIN. II. Clagett endorsed what Mr.. Edwards
had said. and declared that he had his suspicious
as to who wrote the card. He said II he had any
manhood he would come forward and acknowledge
1t. he referred To the card a summary OF false
hoods. He moved vote OF thanks TO the prest-
dent, which was carried, all present voting afirma-
lively. except Mr. Jesse b. Wilson, who did not
vote. He stated that he had Just come In and
would not vote.
The association then took recess until O'Clock.
THE ELECTION.
The polls opened at 2, and were to be closed at 1
O'Clock. There We're two tickets recognized as In
the field this afternoon. One was the "old board
| ticket, as follows:
For Board Of Directors-Wllliam Z Calf, J. 8.
Edwards, J. c; McKibbin; Geo: M. Oyster, 5r, H.
K Kelly, W. R. smith, William Dickson, William
E. Clark. For Treasurer.-R F. Baker.
The other one was exactly similar, except the
OF Mr.. Christman.
THE PRESIDENTS ANNUAL REPORT.
The annual report OF the president gives resume
OF the operations during the year, and the perma-
nent Improvements made at the race-track, on
account OF which s., 500 was expended during the
year. Attention Is called to the fact that the rst
| mortgage or bonded debt Of the association ma
lures in May 1885, and the $40 real estate notes in
January OF the same year, the aggregate principal
amounting to $49, $50 It Is recommend
ed that authority be given to the board
OF directors to raise money during the
ensuing year to scale this indebtedness, even II
necessary by direct assessments on the stock
| holders. Efforts are being made to secure the ex-
emption OF the property OF the association from
taxation. The assets Of the association are set
down at e157 34615 and liabilities at $3.50 ,916, In
clud1ng $76,3OO for 783 shares of stock actually
issued, and s6 800 for stock subscribed but not
issued During the year the assets were In
] gain IN assets Of N,025.0A