Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-04-12

Merchants Meet and Take Steps to Secure
Charter Members.

Merchants Meet and Take Steps to Secure
Charter Members.
The District commission merchants met at
910 Pennsylvania avenue last ing for the
purpose OF organizing a produce exchange.
They discussed the situation fer three hours
and adjourned TO meet again.
Mr.. q. o. Spicer, who called the meeting to
order. said that ct a meeting on February "a a
committee was appointed TO draft a constitution
and bylaws for the Washington produce ex-
change. ard the meeting was to hear the report
Of that committee.
Secretary Walierstein of the committee read
the preamble of the proposed constitution as
follows: The Produce commission (retaIl and
who!esale) merchants of Washington city,
desiring the better promotion of good fellow
ship and friendly intercourse With each other;
to elevate their standard mer hants TO
higher plane; to afford opportunity for an
interchange OF opinion; to gather and diffuse
accurate and reliable information: to collect
and compile statistics; for mutual protection
against unjust DETERMINATIONS; to correct
abuses; to settle disputes between members
here and elsewhere. and generally FOR The pur-
pose Of advancing ard promoting by all legiti-
mate means their interest, colec lively and indi-
vidually. together with the property of this
city, do hereby form association and agree
to be governed by the following constitution
and bylaws"
Mr.. Wallerstein proceeded with the reading
OF the constitution and bylaws, but was inter
rupted by numerous objections. the principal
one being made by Mr.. j. +. Saum. the treas
urer Of the old Washington produce exchange.
THE OLD EXCHANGE.
Mr.. Saum related some of the history Of that
Institution. organized eighteen wears ago. but
since permitted TO die out, and insisted that i'll
order to be financial success from the start a
new exchange ought not to organize with less
than fifty charter members.
Mr.. Saums point was deemed well taken and
the following agreement was drawn up ard
signed by most of these present:
I'VE. the undersigned hereby agree to form
an association of wholesale and re ;sil merchants
o! Washington, d. C., to be Known the WASH
irgton produce exchange
Those who signed were: J. Hiilman Golden
Love Co., William +. Coleman. L. Z. James.
Walerstein Brothers. Adams Il Brauner. L. VI
Cook, n. Il. kedman. X. A. Wheeler Il Co.,
Louis p. Krey, o. o. Spicer, Willard Price,
Kingsley Brothers, Rrdo.ph A. Ashton. Albin
Price. G. X. Andrews i Co., F. A. Denison Il
Co., W. s. Detweie-. Matthewson Il Co.. A. Y.
Gray, KELLEY Chnmberlin, Frank Hume. ].
5. Redman Co., Bulien 4 McKeever. IL. c.
Coburn, Spilmen McG-egor and T. d. DAILY.
THE PERMANENT ORGANIZATION DELAYED.
The required number not being obtained it
was decided to postpone permanent org.aiza-
ton until the full number of fifty had been Sc
cured. and the following committee to solicit.
signatures to the agreement was appointed: j.
s. Redman, chairman; +. II. Chamberlain, j.
+. Saum. Willard Price, J. Hiiln1an, George
Compton, Nathan Wallerstein and Joseph At
kins.
When the committee reports the requisite
number another meeting will be called. at
which permanent organization. it is conf
IDENTITY believed. will be accomplished.