The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1892-01-08
THE COUNTY AGHftuLruRA1 SOCIETY,
Election of Directors Privileges to Stock

Election of ireetors-Privileges to Stock
fs 1EY4 holders. NJ ls
The stockholders of the Hartford County Agri.
cultural and Mechanical Association met in the
was called 70 me chair and Mr.. George A. Cairpes
aRpointe9 Secretary 'VA.>~IA
The minutes of the preceding annual meeting
and the financial report were read and accepted
By the latter it was shown that after paying the
premiums and current expenses OF the society ct
by fhe Society S and 5eT
due the society claims amounting to $105 The
mortgage debt OF the society is 5000.
A committee, consisting of Brinton III. Warner,
! Edward Hayilahd4 and John D. Worthington Was
appointed to examine the accounts of the Treas
urer.
John d. Worthington suggested the propriety oi
, tire stockholders giving expression TO their opn-
ions with regard TO the granting of privileges to
STOCKHOLDERS which are not granted TO the public
The subject was discussed by Nathan Harry and
others and for the purpose Of elicting the senti-
nlent OF the meeting Mr.. WorthingtOn moved that
the same privileges be granted to stockholders
which were granted when the society was organ
ized also that the stock should be reissed SO that
granted only where they belong. u
Mr.. Worthington said it had been long time
shares had passed from hand to hand, and it is
important for the directors to Know that the cards
OF admission go only into-the hands of bona fde
; Mr. Wort6ington's motion to reissue the stock
of The society was adopted and later in the meet
lllS COiHIuIlct, cOllSlSllliB vi mtSSTS. JOHN u.
worthington. James W. McNabb and F. W.
Baker, appointed to reissue the stock to those
shown to be entitled to hold the same. tr.'
The question of granting the privileges of free
admission to stockholders was vigorously dis
! j. Wilson Moore opposed the resolution. The
to the privileges given to stockholders. 1t Is not
fair he said to grant the same privileges to hold
ers OF one share as are granted to holders OF two
or more shares. Nsst
George A. Cairnes said that while it is true GER
tain privileges were promised to !, those who sub
which cannot be changed, The society can GER
tain restrict and cnrtail those privileges Every
stakeholder has had an ample return for the in
vestment made even though he never got any
As substitute for Mr. Worthington's PROPOSE
ton Vim. Munnikhuysen moved that stockholders
nsneiy. free Ticket of admission for one person
and team each day of the fair.
Thomas A Hays moved that the privilege in
clude free admission for a man and his wife.
Charles l.. Vail suggested that it would be more
just and equitable to issue one free ticket for each
share of stock. -
Alex. NJ. Fulford wanted to know what stock
whether they could sell them or not. He thought
the experiment dangerous one. :
Mr.. Fulford said that the statement of the direc-
small balance in hand: The directors had paid
S155 balance due on the premiums OF 1890. they
had expended s407. in improvements and repairs,
and $500 interest on, mortgage. In addition to
this the privileges to stockholders was worth $500
or 5000, showing profit above expenses Of nearly
". Oliver Hughes said many people got into the
fair free in order to advertise their business
Hundreds get in on reception tickets and take
their whole families in free. ii.AfA' j. r..
The Secretary asked Mr.. Hughes to name any
one who had thus gotten in. j HI i4tEft
Mr. Hughes mentioned the Old Town Merchants
Secretary said both these parties had paid en-
trance fees but were granted the privilege of drv
ing around the track.
aasiIagG asI was to granting
Wlliamk Young Wanted AL to share alike in
whatever privileges are granted .-ss
Mr.. Munnikhuysen's resolution was then adopt
ed More discussion ensued and II was again
adopted by q viva voce vote. The discussion was
continued and 1t was adopted the third time by a
member moved that the printing be sold out
to the lowest bidder. u
Mr.. Worthngton said that while sthe spirit OF
the motion was an right sit was not right to bind
them no discretion In the management OF the So
scety's business. For instance. q paper with 500
circulation might make a low bid another with
1000 circulation might be very little higher
Should the directors be bound down. to accept the
lowest bidwhich, as any one. could see, would in
that case not be the most advantageous Don't
motion was defeated. IA -,,f-..,r ...,. p.
Richard Dallam moved that a committee be ap-
pointed to examine proxies offered in voting and
pointed Richard DallaIn, Thomas A. Hays and
Charles A. McGaw.
A. Haviland Hull nominated for reelection the
w Galbreatlr Of the 9th district In place Of C. c.
kipsey .dece aeed. and Mr., Hui, being SO instruct
ed ba9t Ter the ioilS%hg q direetqrs
in, James B. Luckey. j. IT. PloWman. Alex. NJ
Fulford, j. Lawrence Mccormick. John P. Mitch
ell. George w. Jones: Robert A. Mitchell, Murray
n They were accordingly declared elected and the
meeting adjourned. IL :-