The times. (Owosso, Mich.) 1882-1897, 1890-01-10

ANNUAL REPORT OF THE SECRETARY OF
THE Owosso BUSINESS MEMS

THE Owosso BUSINESS MEMS
= ASSOCIATION.
To the President and Members Of the O,oos-
so Business Mems Association.
GENTLEMEN:-Our organization at this,
our third anniversary. is constituted of 10
members-77 active and 2 honorary. The
number OF new members added since our
last annual meeting is II, and the number
of Withdrawals since that time by reason of
business changes is 10. The number drop
ped for non-payment of dues is B. Number
dropped for non-payment of dues and name
appearing on delinquent list is 1. Number
OF DEATHS, 1. July 20.) Total number of
decrease Is, which still brings our member
ship gain of 2 for the year ending Dec. 81.
The number of deinquents reported during
the year is 217; SO of them paid or made
satisfactory arrangements and l31 went ON
the delinquent list There was cash in the
treasury, Jan. 1. 1889, s65.47. Our receipts
during the year for membership fees and
dues were $l16.50. Total slQ1.97.
The expenditures were as follows:
Jan. 5. Secretary's salary -$15 90
g 5. Times Printing Co., paper 2 25
Jan. Is. Paid to +. +. Koher for
hall rent for farmers institute -. 20 90
Jan. 2S. Paid for postal cards 5 90
Jan. %. Paid out of treasury to make
up deficiency at annual banquet Is 90
Paid j. III. Champion IL Co. for
printing appendices to delinquent
lists 2 90
July g. For Secretary's salary Is 90
blanks. .----..----.. 825
Oct. 2. For per capita dues to the
State Association on SO members
and exchange "a 10
Nov. 2. Paid to Frank Roth for 6
months ringing closing bell -------- 90
Paid for wood for heating hall -- 1 so
Total expenditures ---$1 1922 10
Leaving balance in the treasury this
Jan. of $59.S7.
The number of meetings held during the
year was 9, 8 being regular and one special
meeting. Although the attendance at our
meetings has not been as satisfactory as
could be desired during the past year, yet
the Association in general has worked with
a will and energy for the improvement of
our prosperous city and for the welfare of
the inhabitants. Our business men do not
seem to realize the important work to be ac-
cOmpllshed. However there is not a single
member in active business who would wish
to drop out of our ranks, but they all cheer
fully pay their dues and seem to be well
pleased with the results accomplished, and
as we now have pleasanter and more cheer
full hall to hold our meetings in, trust the
members will appreciate it, and manifest
their appreciation by a prompt attendance at
our regular meetings, which will have ten
dency to inspire the officers with energy and
the accomplishment of good and satisfactory
results.
We have succeeded in laboring harmsni
Ously with our city council and by it have
accomplished extensive improvements. Our
wagon roads have been materially improved,
and our efforts to obtain additional rail-
road communication and concessions in
freight rates have been satisfactorily reward
ed. Our manufactures have been generally
enlarged and improved so as to employ more
help and are in a healthy and prosperous
condition.
The blue letter and association sheet have
not been used quite so extensively as the
previous year. but those members who have
made use of them report good and satisfact-
DRY results.
The credit business i'm our city is steadily
decreasing the customers using more caution
in asking it for fear of the delinquent list,
and the merchant with the strong COMPETE
ton now i'm the field being compelled to
sell goods at very close margins, has come
to the conclusion that to be better able to
meet said requirments he must sell goods
for spot cash.
Our closing system has proved success,
the members cheerfully conforming to the
rules adopted by the Association.
We are looking upon our citizens as an
organization of power and strength. Now
let us make our utmost endeavOr not to be-
tray their confidence; let us continue our
labOrs with energy and exertion to advance
the business interests of our city and con-
tinue to crown our efforts with prosperity
and success.
Respectfully submitted this Jan. 8, 1890.
S. LAMFRoM, Sec'y.