The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-01-28
THE TIMES KODAK.
Items of News Gathered About
Town.


neigh borhood, that of Christian Min
niger, of the Hollins neighborhood, for
100000, with Edward Nininger as trus
tee, and another of Thomas I. Preston,
of Salem, for 1000, with Letcher Min
niger as trustee.
In Roanoke county circuit court yes
terday the motion to set aside tho YER
dict in the Bethel case Tvs. the Salem
Improvement Company was sustained
by Judge Blair, giving as reason that
there was an error in the instructions
given to tho jury.
In the county court yesterday before
Judge Griffin Archer Lang horne Payne
qualified as attorney, and j. Ernest
Walker qualified as notary public, with
w. w. Moffett as security. In the case
of ]. o. Jack, of Vinton, vs.. the Heikes
Nursery Company, an appeal from
for the plaintiff
1t was discovered yesterday afternoon
that the large water main east of Dry
branch lad burst.
After many months of suffering Mrs.
Virginia Nj. X asey died at her homo in
West Salem yesterday afternoon, aged
81 Tue funeral will take place from
the house at II o'clock Sunday morning.
Taylor Lodge was largely attended
Friday night for work in the second de-
gree and to greet Grand Senior Warden
j. +. Fitzgerald, of Farmville, who was
present.
The annual stockholders meeting of
the Salem Improvement Company took
place in their office yesterday from 80
a. m. to 1870 p. m. and was attended by
about seventy people. DR.. j. A. Gale
was elected temporary chairman. with
). ID. McComnon. temporary secretary.
DR.. Dreher and Messrs. M. w. Bryrn
and James Chalmers were appointed
tellers and reported 0,547 shares repre-
sented in person, 14,627 by proxy,
making "a, ia out of total of 27,273.
A report was read from the board OF
directors, which was ordered to be
printed, after which the report OF a
committee appointed last January to
examine the books OF the company since
its organization was read, stating in
substance that they had not the time to
make thorough examination. A re-
port similar to what should have been
made by the aforesaid committee was
read, stating that, with the exception Of
a mistake of one dollar, the books were
correct. This report was signed by j.
Edgar Walters, expert accountant. 1t
was then stated that the treasurer's re-
port, which was before the meeting, had
been audited by Paul S. Davis and II.
B. Gordon, of the Bank of Salem, who
pronounced it correct.
On motion the chairman appointed
Judge Barnitz and II. J. Won Hemert a
committee to examine the books OF the
company from it's formation to the pres
emit time, and to receive a just compen.
sation for their labor. Mr.. Bryan then,
at the request of the stockholders, read
over the annual statement of the COM
pany. and after placing the actual
worth upon the different assets of the
company he calculated that, exclusive
of land, the stock was worth S12 per
share, which he considered very graf
flying showing
After q somewhat lively debate as to
whether Or not the company should
finish paying Mrs. Logan and Capt
Simmons for land purchased from them
before certain industries should be as
sisted, which debate was conducted by
James Chalmers, president OF the Far
mers' National Bank; d. Il. Strouso,
president of the Bonsacl1 Cigarett tic Ma
chine Company, and Mosby Payne, of
Lynchburg, in a spirited manner, reso-
lutions were passed requesting the
board OF directors to pay of the entire
indebtedness as soon as convenient and
authorizing them to reduce eXpendi-
lures to the lowest point consistent
with tho efficient management of the
affairs of the company.
A resolution was also passed allowing
directors SIS per month, providing they
attend the monthly and special meet
ings of the board.
The following board OF directors was
then elected: j. w. It. Allemong, T. j.
Shickel, d. Il, Strouse. S. f. Simmons,
j. l. Lee, j. A. Gale, H. j. Won Hemert,
Q. M. Clark and j. G. Langhorne. The
board OF directors were ordered to pre-
pare new bylaws for the company. j.
w. f. Allemong was reelected presi-
dent at salary of $4,000 per annum.
Tho meeting then adjourned. The
board OF directors met at p. N. and s.
+. Simmons was re elected vice-presi-
dent, 10 serve without salary, and s. d.
McCommon, secretary and treasurer. at
salary Of $1,000 per annum.