Mexico weekly ledger., 1886-12-16
COAL FOR CERTAIN.
First Meeting of the Stock
holders Of the Mining Co.
PERMANENT ORGANIZATION no BE
EFFECTED NEXT SATURDAY
EVENING.
An Enthusiastic Meeting Last Satur.
day Eye-E,eryone Confident of
Suecess-Stock More Than
Subscribed.

Promptly at Z o'clock Saturday
evening, Chairman Ruloff called the
Board of Trade to order. The min
utes of the meeting Of Monday last
were read and approved.
A report Of the committee on sub
scriptions was asked for. The COM
mittee submitted to the Board OF
Trade the articles of association, to
gether with the work done and upon
motion of Mr.. Ricketts,, the report
was received and adopted. MIR.
Hisey's list showed amount of stock
taken to be S3,175; Mr.. Bassford's.
S3,025; Mr.. Barnes, 81 900 and Mr..
Phillip $40. At the reading of the
reports, those present gave vent to
their feelings of admiration and en-
thusiasm by loud applause. Upon
motion of Mr.. Cauthorn, the thanks
of the Board was rendered the COM
mittee on subscription.
Mr.. Turner, as committee to in
vestigate the matter of taking hold of
the pork house for packing purposes,
reported that Mr.. Lane was very
anxious to form a stock company to
pack pork. He also reported that
Mr.. Clement, the broom manufac-
turer, had purchased a cropo of broom
corn, rented a suitable building for a
factory, and would move to this city
in a few days.
Mr.. Lawder moved that the CON-
mittee on boring be continued and
the capital stock of the Mining Com.
pany be increased to $4,000. The
motion was amended by Mr.. Bass.
ford, who moved that a new commit.
tee be appointed to solicit a further
$4,000, with Mr.. Hisey as "com.
mander-ln chief"
Col. Clay, however, amended the
motions by a motion that the Board
of Trade adjourn, and a stockholders
meeting of the 'Mexico Mining and
Manufacturing Co." be held at once.
His motion was carried.
Upon motion of Mr.. Ca6thorn, Mr.
Hisey was elected temporary chair
man but as that gentleman had left
the room, Mr.. b. R. Cauthorn tool
the chair, on motion Of A. G. Tur
ner.
Mr.. Cook moved that when the
stockholders adjourn, that thu
adjournment be until Saturday even
ing, but his motion was amended
by a motion by Maj. Lawder to ad
iourn to meet Tuesday evening, at I;
O'Clock. The amendment was lost
and the original motion to meet Sat
urday evening next was carried.
Upon motion of Mr.. Glandon, til,
chairman appointed a committee o:
three to draft a constitution and by
laws to be presented at the next meet
ing. The committee appointed il
as follows: nj. Y. Duncan, A. G
Barnes and J. A. Glandon.
Mr.. Llewellyn moved that a com
mittee be appointed to continue tn
subscriptions, SO that in case Of som
one on the original list failing to pa:
up promptly, there would be n
trouble in getting the charter o
time.
Mr.. Clay suggested that all sid
questions be deferred until the mex
meeting, and then, if more stock wa
wanted, to settle the matter then.
Upon motion of Mr.. Arnold, G. E
h1dCldt lduc duu " ~. II. I1dEui
were added to the committee on cor
stitution and bylaws.
Upon motion of Col. Clay, H.
RICKETTS, was appointed temporar
treasurer, to receive any subscriI
tions that should be handed in.
Adjourned to meet at the coul
house on Saturday evening next.
The officers to be elected mex
Saturday eve are a president, SCI
rotary and treasurer, together wit
five directors. An application for
charter will be made Immediate
after permanent organization. A
soon as the charter is received, leas'
will be made, and work commence
at one