Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1892-01-07
The Fair Stockholders
MEET AND HEAR REPORTS
AND SELECT NINE NEW
DIRECTORS.

Pursuant TO notice the fair stockholders
met at the Probate Court room Oh Monday
morning last.
r. b. helier was called 70 the chair and ].
l.. Halter was made secretary.
On motion. the report of the secretary and
trea surer were called for and read.
Before reading his report Secretary Hal
ter preluded it with the following:
In the year 1856 WHEN / WAS appointed
Secretary OF this Association, found no
books 10 give me any idea of the standing of
the association. and found in the course of
a year that mortgage and other indebted
ness amounted to between 5000 and S6,-
800 Also found that almost the entire east
fence with all the pig and sheep stalls blown
ont into the road. The fence has been rebuilt,
two substantial buildings have been erected
for sheep and hog pens at cost Of about
800; six eating booths at a cost of $50;
forty-seven stalls at a cost of 1854; one
dwelling house, $z54; one grand stand $7I5;
floor in floral hall $50. amounting to 1858.
These are all permanent improvements and
add wealth to the ground. By adding this
amount to our Indebtedness, say $8,653, and
su btracting our present Indebtedness 1857,
find that in the last five years we made and
paid out $7,SS6-or almost as much as our
entire capital stock besides paying on an
average $500 per year for four years (lS90
omitted on account of bad weather) premi-
ums to the people of Henry and adjoining
counties. And find that by subtracting
the amount that the Society received for un-
sold stock, that IN the last five years the
ground has earned over all expenses $4,586,
or little over $500 per year, or per cent
on the entire capital stock. and leaving the
ground in far better condition than it was in
1885,
1t has required great deal of time to look
after the wants and keeping everything in
shape and have our annual fair a success
l will leave it for the stockholders to say
whether we have been successful or not.
| want to say that the amount of salary
the Secretary gets is not in keeping with the
amount of work he has to do. The society is
now comparatively out of debt and can af-
ford to pay somewhere near what it is worth
The Treasurer gets $50 per year for about
four days work with two assistants; the Sec
rotary gets 500 per year with more or less
work every day.
Thanking you for the confidence that you
have placed in me, Twill proceed to give my
nnual report.
The reports of the secretary and treasurer
we're received and concurred in. Their re-
ports tailed with the report of the auditing
committee.
On motion the salary of the secretary
was increased to $500 year, with but little
opposition.
The chair appointed ]. B. Couch and B. F.
Pontious as tellers.
The next business IN order being the elec-
tiOn of nine new directors, the following
names were presented ]. L. Halter, M. E.
Loose, ]. W, Long, John b. Fender, R. B.
Heller VIM. Booher, Chas. Gidley, o. Park
er, Henry Bostelman, ]. II. Rohrs, Elias
Leist H. A. Meyerholtz, Conrad Miller, M.
Reiser John Weible, Sim Harmon, G F,
Wilson, E. T. Barnes and A. Bradley.
The balloting resulted as follows;