The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1891-01-09

The stockholders of the Hartford County Agricul
House, on Monday. The attendance small :
Mr.. George E. Silver was called to the chair and
Mr.: j. w. McNabb was made Secretary.
Mr.. Walter Finney Treasurer read the financial
report, which showed that there Is mortgage on
the society's property amounting to So 600. The
premiums due and unpaid. including the 20 per
cent withheld from exhibitors OF stock, amount to
Sl6S20. There is balance of S5l.S4 In hand. The
total Indebtedness OF the society. including inter-
est due on the mortgage. taxes and Insurance. is
about $500.
A motion was made that the report be accepted
but before it was put discussion took place con-
corning the mortgage debt, the premiums with
VIM f. Hays said he did not see why there were
not enough farmers in Hartford county to raise the
money pay of the mortgage and hold II themselves.
willing pay $40 on each share of stock they hold,
and make that preferred stock, secured by the
VIM Munnikhuysen said he had talked with
stockholders and found them generally willing to
take part Of this mortgage and hold it themselves.
Z. H. Mccormick thought the society was pro-
ceeding too fast. There is a debt which must be
provided for before you talk about paying the
john Moores remarked that judging from the
size of this meeting farmers have lost interest in
the society and he did believe they would raise
John b: Worthington n said the properly of the
society is just as much i'll the hands OF the stock
holders as If it were free OF debt As long as i is
the stockholders can hold it. There is no use of
stockholders becoming nervous with The fear of
"
raising money to meet this mortgage. The stock
is widely distributed and it would, no doubt be an
arduOus and frutless effort to raise among stock
Mr. Moores asked if the directors had made any
provision, to pay the interest on the mortgage,
which will be due on the 10Th OF March. 1891.
Thos. A. Hays said there was no reason for the
stockholders being uneasy. The property is worth
double the amount of the mortgage. The new
board can raise the interest on notes.
Mr.. Worthington said that after eleeting the
new board, if the sentiment OF the stockholders
holding tlA nrnnprfV fhpV
could so instruct the board.
The Treasurer's report was then accepted.
nations for directors. He said they had been
selected, after consultation with farmers, and he
believed they would make live, working board
There being no other nominations the Secretary
directed to cast the ballot of the meeting fol
the nominees which was done and they were de-
Jos. B. Hanway and Edward H. Hall. 1st district;
VIM F. Reasin and Robert A. Mitchell, I'd district;
Dennis H. Stamford and James B. Luckey, 4th dis
trict; George w. Jones and James p. STREET., 9TH
distrct; John A. Russell and Murray Vandiyer,
Mr. Worthington moved that it was the sense Of
the meeting that the new board should use every
and TO pay every legal obligation. including the 20
per cent: withheld by the former board from GER
as it stood in the catalogue should receive the care
ful consideration of the board. The question OF
scaling the premium list on live stock had been con-
sdered by the former directors and 1t was deemed
1neXpedlent to do so lest it might drive OF exhibit
tors and the society," he argued therefore legally
He deprecated the practice which has been COM |
mon OF dropping out from the board men VINO |
have served the society faithfnlly-gving them
black eye at these meetings and turning them out
like dogs with kick He felt like congratulating
this meeting that nothing harsh had been said |
about the outgoing board, and he suggested that
vote Of thanks be extended to them for their faith
full lab0rs.
Mr.; Worthington's motion requesting the new
board to hold the property and pay the indebted
ness was carried, together with vote OF thanks
and sympathy to the old board.
G. L. Vail approved of the latter suggestion and
said that under the circumstance of unfavorable
weather it was proper for The directors to ask ex
right to compel them to do SO. The new directors
should make good to premium-winners WHAT'S still
j. W. McNabb explained that the Treasurer had
been instructed to pay so per cent of the premiums
on horses, cattle. sheep and swine and pay all other
donate 20 per cent of their premiums to the socie
~. The society had not repudiated its debts and
VIM L. Amoss said that the judges in the build
lngs had awarded more premiums than were oner-
ed in the cataogue-n some cases SIX on one arti-
designate which article was entitled to the pre-
MUM none was given. In that way the premium
Secretary McNabb said that in one case II first
premiums had been awarded on one article-pota- |
Toes.
Thos. A. Hays said the premium list needed
revision. Il
John Moores offered the following resolution;
6ecNVeu, 1naI L0e directors De Instructed 10
issue to each stakeholder ticket of admission
to the fair.
Mr.. Vail opposed the resolution. Under exist
ing circumstances he doubted the advisabiliry of
giving free tickets to stockholders.
Mr.. Worthington also argued against the resolu- |
ton. The society is owned by the stockholders
and they should bear its burdens.
Geo. A. Cairnes was also against issuing free
tickets while the society is in debt,
VIM +. Hays said that under existing clrcum- |
stances he was willing to pay for his admission |
ticket.
Mr.. Moores remarked that the society had |
tried the plan of making stockholders pay for ad
mission with unfavorable results and it is time to
try something else. No man would drive alone to |
Bel Air simply because he had free ticket to the
fair. but he would bring some one with him. The |
new plan would not be subject to the same abuses
as the old one and would result, he thought in a
largely increased attendance.
Geo. F: Walker said that stockholders had lost
interest in the society because their privileges had
been curtaied and had not only remained away
themselves but had discouraged others from at
tending. He therefore favored the resolution.
B. +. Warner and others also favored ii and it
was carried by vote of IL to 10.
On motion Of B; F Warner committee; consist;
ing of Charles L. Vail, Thomas A. Hays and
Edwin Hayiland was appointed to examine the ac-
counts of the Society.