Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-09-01

members whose united efforts estab
lisi ed he Memphis Cotton Ex-
change on the l0Ih of December. 1873
OFFICERS AND SECRETARY
From the outset the Cotton Exchange
Sec4a,e busy. thriving institution, aed
not oEiy -, but under II influence de-
gree ef order and method was infused
into the Memphis cotton business, VII ch
has added much to lis prosperity. As Of
int. rest ter future reference, and az re-
calling the namss of those who have
been most active in conducticg the af-
fairs of the organization, we add the
names Of the officers annually elected np
to this time, giving the year Tor which
they were eli, cted 10 serve:
1S14-Pr, sident, w b. Galbreath
secretary and superintendent. Jobo S.
Toof; directors, Napoleon Hill, J. p.
Pc: TT, A. j. r Landauer, c. L. Smith,
W. Guy. = - M
1875-President, w. B. Galbreath;
secretary and superintendent, John :
Toof; treasurer. +. S. Davi.; directors,
Reelected except G. H. Latham In place
of G. f. Smith.
1876-Pres; dent, W. B. Gaibreatb:
secretary and superintendent, John s.
Toof; directors, j. NJ. Falls. c. T.
Curtis, l.. Hauauer, r. NJ Bradft I'd, A.
NJ. Scarborough, G. I. Hunt aad w F.
Taylor.
| 1s77-Pre,idept, J. T. Petit; secre-
tary and superintendent, John S. To f;
t,easuIer, 8. Z. Read; directors re-
eiecfed.
1S7S-President, j. L. Petit; secre-
tary aud superintendent, John S. Tooi;
treasurer, S. p. Read; directors, j. W
DillarG, W.. w. Guy, VIM Bowles, sr j,
Geo. Winchester, W. A Godwyp, N.
Hhl Il. w. Lightburne, j. T. Fargas on.
ID. L, Hadden, AID j. c. johnson, vic =
presidents.
RETIRING SECRETARY.
November II, 1879 Mr.. John S. Tonf.
the secretary and superintendent of the
| Exchange, resigned the position he had
he:d from the initiat on to that time, as
| he was about to resume the mercantile
business. In his let er Of resignation he
'ngrstulated The Exch8Dee that he left
1t healthy, prosperous and entirely free
| OF debt. In accepting the resignation
the board of officers passed resolutio, S
| expressing regret to lo,e assistance that
had been SO valuable to the institution;
commencing the fidelity, accuracy AMI
talent which had gwen profound salts
faction, to which was Joined a uniform
| COURTESY hat entitled the retiring secre-
tsry to the warm thanks extended to him
IN the resolutions, with wishes for his
welfare aud prosperity and success in the
mercantile career. The resolutions closed
by seSing that The personal aad official
character of Mr.. Toof merited, and lie
would ever possess, the kindly fe lin.
and respe ctiul regards of the members cf
the iDs ifutioo. The Exchange, as a
further testimony OF este m, constituted
Its late secretary the first honorary mem
b I Gfthe institution. Active 10 its be- |
half before 1t had an existence, Mr.. Toof |
ieit the Cotton Exchange a vigorous aud |
hourishlug organization, one of the first |
In the country, esteemed by every siuilsr |
organization Ia the United States. and |
recognized aud respected abroad, and |
every where its reports held as authority, |
owiugitn their comp'e'en and accu-
racy. Mr. S. NJ. Gates was elected sec
retary to fill the unexpired term.
lSf9-Presldeut, ID. c. radden; sec |
retary. ttc., s. NJ Gates. Messrs. Farea |
500, Phillips and H. NJ. Nicely. vice pl esi
dents; directors elected, except Robe. t |
,M,olfenden, v, who was elected in place of |
VIM. Bowles, ST.
1S80-Prts dent, D. G. Hadden; vice
presidents, J. T. Petit, r. F. Phillips |
aad ". b. .Galbreath; secretary, etc., :.
NJ. Gates; directors, NJ. Fon aine. A. D |
Iwinpe, {; g: Talley, c. G .Cowie, Barney
den and G. HI. Latham.
188l-President, Napoleon Hill; sec
retary, S. NJ. Gates; yice-presid MT, |
Messts. Bowdre, Cowie a.d Taylor;
direc ors, J. w. Dillard, William Bnwles,
r, w. j. Crawford, L. B. Suggs, r. y
Patterson, Benjlmin Babb aad A. G.
Tu her; treasurer, S. H. Duuseon b. In
the course of this year the position Of
secretary and superintendent became
vacs ans by the death of Mr.. S. NJ. Gates,
| and Mr.. Henry Hotter was appointed in
his place. Mr.. Ho ter first entered the
| empley of the Excbanre as messenger
| bay, AZ its opening in 1873. BY steadiness
and iRdusiry in that capacity he was pro-
moted g the position OF clerk, aud after
wara was made assistant secretary HIS
fidelity to his duties and the reliance tn It
| could always be placed upon his manner
of dischqrgiog whatever business WIS
lOtrusted to him, gained the good will
and respect Of the Exchange, and he was
made the principal employe of the iusti-
tuition. U p to the present time he has been
| re-elected for fourth term. Mr. +. G.
LaHsche, an accomplished gentleman
and faithful in the performance of his
duties, has, since the death of Mr.. Gate.
occupied the position of assistant secra-
| tary.
18S2-The president and other Officers
OF the preceding year were reelected.
lSS3-Pre: :ident, c. P. Hunt; secre-
taEy, etc, II. Hotter; vice pres idetts,
John .. IeSf' Henry Frank, j; Jacob
Barney Hughes, W, W. Schoolfield VIM
Bowles, sr., J. w. Fulmer, G. S. Mac
claraD, H. B. Camp. Under thts
officers movement for building fa,l
ample enough for the Cotton, and also
the Merchants Exchange 10 do their
business, was brought into working coz
dltlon. 1t was managed by yenarge tic and
practical men, and tie grand building on
Second street tells the story of their sue
cess. This first of September the men,
bers of the two Exchanges will march
from their old quarters and take posses
sion of the magnificent halls they have
prepared for the transaction Of the
business IN all its letails.
1SS4-At the annual elections for this
year the entire body of officers were re
instated ia their former places.
| 1sS9..President, W. H: Crawford; Sc =
Tetary, 8 ii. Hotter vice presidents C.
Sehoolfield; treasurer, ], r. Goodwin: d
rectors. n. Hill, VIM, Bowles, ir., Ed X.
Hart, J,hn W. billiard, r. t. Tate.
Robert Wolferden, G, A. Latham, with
Mr.. LaHache as assistant secrotary.
These make up the officers -r mo nv
0na1 :. Low stands at the end of an
existe zee of eleven years.
THE COUNCIL OF THREE.
AS We close this statement we cannot
but mentally cast back our eye to c
time when Mr.. Toof was weariiy mount
ing up one pair of stiirS after another,
polating out, often to dull ears, the ne
cess:ty and advantage of having Cott ~
Exchluge where the busint SIS was so
large aui was evidently at very early
day 10 be much larger A Iso to the con-
ference with Mr.. Gaibreath and Mr..
Soho ,l6eld when the original ffty-five
rames were obtained; the close calcula
tion of expenses, aud the prospect of
despair owing to TIE want of 5000 more.
: Then Mr.. Galbreath's noble res live
to take all risk upon himself
Ima.iae this council of three, then
go ID the corner of Madison street and
look up, up to the Gotten blooms sus-
Q pended over the roof; then on Second
: street survey the whole, broad, magnif
I cent fTont, stretching from Madison
street and see what eleven years has
donel When Memphis Merchant feels
!; inclined t. doubt what eleven years more
i will do for Memphis, let him recall the
5 confidence Mr.. Galbreath put in Mem
q phis and the Memphis cotton trade, ant
in the Memphis merchants when, Will
a bare $500 In prospect to establish {
: Cotton Exchange and meet years ex
y penses, he said: Go on, loiH meet al