Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-10-05


news service the best possible safeguards
and necessitates the most thorough
accountability by m management foI
| its every act.
In response 10 urgent application from
leading newspapers in the East It was
| stock.
Mr.: William Penn Nixon. presi1cnt of
| ne Associated Press, occupied the chair.
Mr. Victor #. Lawson. chairman Of the
! executive committc. offered the following
resolution, which was unanimously adopt
Re'olved that the board of directors he
instructed to take the necessary steps 10
increase the capital stock Of he Asso-
cidtei Press to S1OOO00. to the end NJ
naiionrlizne the nroprietorshin NJ the
assoclnticn by the admission Of leading
NEWSPAPERS IN nll sections Of the country
TO octhol1ug IL he association, In In
dividn1l amounts, not exceeding the
holdings of the present stockholders (;
provided this shall not impair the exist
Ing, rights of members.
Mr.. 4. 7, Aikens Of Milwaukee offered
Tie following resolution. adopted by n
rising vote unanimously and Subsequent
" signed by those present as expressive
of their sentiment.
Resilved. thar Tho members N the
Associated Press are unanimous In their
determination to sustain the officers and
directors In thnir purpose TO build up
national mutual news-gathering associa-
lion for the benefit Of its members and
the public II serves. and to this end we
pledge bur continuous loyal support
Inc general manager presented 4 I'm
ancial statement showing the association
to be free from Indebtedness ana having
Il surplus Of over S33OO0.
Owing to The establishment Of exclusive
relations with the great European news
gathering agencies of Renter UIvas and
Nolh, and ihe added expense involved
in the extension Of the service it was
adequate amount be provided against
any emergency that might arise.
The idea was tnklnp IN promptly and
volunteer subscriptions 10 such fund
were offered. The following legal and
binding document was prepared by Mr..
John T Wilson. general counsel for The
organization, and was signed as ind-
Gated. Although number of the gem
tlemcn present felt they were not author
lied Ia ailix their signatures without
action 10y their corporate authorities, and
therefore, number of subscriptions are
yet to be made and will be reported by
telegraph as soon as authorized, still
the immediate guaranty reaches the
large total of $310.0OO
Following il the document and signn-
lures; In consideration of 81 to each of
us in hand paid, and of the association
continuing its existing news service. with
such modification as its board of directors
may deem advisable we, the undersigned.
hereby agree to pay the Associated Press
from time to time, as called for by Its
honrd of directors, our several pro rata
shares of the cost of such service. over
and above its current income for period
of two years, the total liability of any
stHl.
posite his name, and the pro rata share
of each subscriber 10 be ascertaincd by
the proportion which his subscription
bears to the aggregate amount of the
subscriptions hereto, the amounts SO adj
vanced TO be repaid without interest when
and as soon as said Associated Press
shall have surplus funds on hand for such
purpose. and not otherwise.
Victor f. Lawson, for the Chicago Rec
ord and Chicago Daily News, $4,000;
ii. ii. Kohlsaat, the Chicago Inter
Ocean, $4,000; Chicago Evening Jour
nal, by j. Il. Wilson. $4,000; St Louis
Republic. Charles w. Knapp, S2O,UlO;
St Louis Globe-Democrat, by u. NJ
Houser. $1,000: ST. Louis Ameriia, by
William Druhe, president, S5DOO: St
Louis die Westlche Post, by Emil Pre-.
torius, president, 5000; Colonel Fred.
erick DriscOll, st. Paul Pioneer Press,
$1,000; ST. Paul Globe. by IL. T.. Hall,
Thompson, $4,000; Minneapolis Tribune
by w. j. Murphy, $4,000; Minneapolis
Journal, by l.. Swift, $1,000; Milwau-
kee Sentinel, by Charles Ray. $4,000:
the Milwaukee Evening Wisconsin, by
\. j. Aiken, $1,000; Milwaukee Herald,
by Edgar w. Coleman, 5000; Detroit
Tribune, by James Il. Scrip, S10,O0J;
Cincinnati NolksOlatt, by l.. Mark
brett, S50OO Cincinnati Times,
Star. by Chas. 7. Taft, 5000;
Cleveland PlainDehler and Cleveland
Post, by Albert j, Barr, 5000; Pittsburg
Leader and Cleveland News and Her
aid by Il. II. Pardue $4,000; Pittsburs
Post, by Albert j. Barr 5000; Pittshurg
Commercial Gazette. by Robert Simp.
son, $1,000; Oil City Derrick, by L. &.
Boyle, 5000; Toledo Blade, by II. n
Lane, S1O,0OO;C columbus Dispatch by W.
ID, Priekell, $1,000; Ohio State Journal,
by j. d. Ellison, 5000; indianapolis Sen
tincl, by b. \. Eaton, 5000; Indianapolis
News William Henry Smith, $1,000
Indinpapolis Journal, by Harry S, New,
$1,000; Denver Times, by II. W Hawlcy
5000; Denver Republican,, by X. q.
News, by John Atkins, 5000; Nashville |
American. by ID. u. Cooper. $4,000: !
Dayton Journal by Il, r. McNeely see |
rotary, $1,000; Terre Hnute Express by |
George NJ. Allen, 5000; Terre Haute !
gazette, by =, w. c. Ball, $1,000; |
bell, 5000; Wheeling Register, by |
Charles. H.. fancy. $1,000; Galveston
News. by 4. II. Belo. president $40. |
600; San Antonio Daily Express. by
Frank Grice, $1,000; Houston Post, by
j. Watson. $1,000. Total, $4,000.
Mr.. Grant Of the Pittsburg Dispatch
said list while he was not authorized TO
subscribe any specific sum in advance Of
acvtion by his hoard of directors, Yet he
womd say that there was no sum on the
list, however large, and no assessment.
however great, that might be made that
The Dispatch would not meet it,
The applications of several newspapers.
which desired to join the association,
Wore presented.
The meeting then adjourned.
|
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