The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-01-24

The convention is over and tho dele
gates have gone.
1t was rather q weary looking crowd
that sat in the waiting rooms OF tho
depot yesterday or walked up and down
tho platform discussing the events OF
the two proceeding days, as they waited
for tho trains that were to carry them
to their hearths an homes. They were
tired, for they had worked indefatigably,
lost sleep and attended banquets.
Tho bulk of the delegates loft on the
morning trains, although quite num-
Der had gone tho night beforo, others
left in the afternoon, but they wore few
in numbers.
Tho members OF tho local exchange,
too, were looking worn yesterday, but
nevertheless they did not permit their
feelings to intcfcro with the prosccu-
ton of their business, and they woro to
Dc seen driving tho investor around, or
talking to him the advantages of tho
lots listed with them.
Tho hotels were uncrowded and their
offices havo lost their cramped appear
ancc.
Tho newspaper men now got breath
ing spell, but they were to be seen yes
terday with their "noses for news" as
high in tho air as ever.
THE DIRECTORS MEET.
The board of directors of the State
Exchange met yesterday ut the rooms
Of the Roanoke Exchange, and tho roll
call showed the following to be present:
Messrs. Parr, of Bedford City; Walter
Sharp, of Norfolk; Rawlings, Of Rich
mond; Morton, of Shendun; Eggleston,
of Glasgow; Bowycr, of Lynshburg;
helms, of Portsmouth, and President
Simmons, of Roanoke; Sccrcta Nelson,
of Salem, and Treasurer Robinson, CT
Radford.
President Simmons raped for order
at 10 o'clock and the board sat there
after for three hours.
Mr.. Parr favored an amendment to the
bylaws of the State Exchange, that sec
ton OF tho bylaws be stricken out,
and moved that recommc ndation to
that effect ba made to the next conycn
ton. The motion was carried.
The section referred to reads as fol-
lows:
IS. When any person, not member OF
tho exchange shall, in any negotiation
or bargain in which q member is party.
be guilty of any Migrant breach of good
faith towards such member, tho board
of directors, on being satisfied as to the
facts, shall he authorized to record in Il
book to be kept for the purpose the
| names of such persons and the parties
connected with said complaint, which
records properly indeXcd, shall be kept
for tho private use OF tho members OF
tho exchange"
1t was agreed to recommend the
striking out of all the clauses OF section
of the bylaws after the words ma
| jority vote" "Thcso bylaws may be
added to, altered, amended or repealed
at any meeting Of tho board OF dircc-
tors, by majority vote of tho stock
holders, thirty days prior notice having
been given the members OF tho board.
All changes in the constitu and by
laws shall be posted at once in the
rooms of tho exchange and remain
posted ono week"
The section will then read "These
bylaws may be added TO, altered
amended, or repealed at any meeting of
tho board of directors, by a majority
vote"
1t was moved that an executive COM
! mitteo Of two members of the board be
appointed, with the president as chair
man. The president selected as the
the other members, Walter Page, Of
Norfolk; and D. Preston Parr, Jr., of
Bedford City, These gentlemen arc
also to be an advisory board to the pres
| ident.
The question OF salaries for the secre-
tary and treasurer came up. Mr.. Mel
son. OF Salem the secretary, said that he
did not want any salary more than would
cover the expenses of the Office includ-
ing tho salary of q clerk. Tho board
decided to appropriate S75 month to
the secretary to cover all his expenses
The treasurer's salary is only nomi-
nal amount sufficient to cover expenses
incurred.
Mr.. Bowyer moved that cards of mem
bership be issued from tho central Of
flee to all members of the exchange who
had paid their dues.
1t was decided that arrangements
should be made to have the secretary of
the exchange furnish weekly, statistical
statements showing the development of
the States resources brought about by
the organization of tho real estate men,
and that these be published in the press,
of the State; the number of real estate
men engaged in thee of the
State, the capital brought into the State
throug the instrumentality of the State
Real Estate Exchange and its branches;
and the industries being fostercd by the
organization.
The opinion was expressed and con-
Cured in by all the members of tho
board that tho press of Virginia was