The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-10-05

IN E4gnb lol eacQ memcer. his IN
sures the most perfect equality among the
members. The administration is placed
in the hands of a board of directors re-
presenting every section of the country,
and every considerable interest and is
elected annually. The executive officer,
the general manager, is also elected an
nually. The policy throws about the
news service the best possible safeguards
ind necessitates the most thorough ac-
sountability by the management for it's
every act In response TO urgent appl-
cations from leading newspapers in the
east. il was found necessary TO increase
the capital stock.
Mr.. William Penn Nixon, president of
the Associated Press, occupied the chair.
Mr.. Victor f. Lawson, chairman of the
executive committee, offered the follow
Ing resolution, which was unanimously
adopted:
RESOLVED, That the board of directors be
instructed to take the necessary steps to
increase the capital stock OF the Associated
Press to 500. 900, to the end of national
ling the proprietorship of the association
IN ali sections of the country to stock
holding N the association ii Individual
amounts not exceeding the holdings OF
the present stockholders; provided, this
shall not impair the existing rights of
meps bers.D
MI n. j Alkl1S. Oh AlAAWdukcC, u
fered the following resolution which
was adopted by a rising vote, unani-
mously, and subsequently signed by
those present as expressive OF their senti-
ment:
Resolved, That the members of the
Associated Press are unanimous In their
determination to sustain the officers and
directors in their purpose to build up
national mutual news gathering associa-
ton for the benefit of its members and
the public ii serves, and to this end we
pledge our continuous loyal support
The general manager presented imam
clal statement, showing the association
TO be free from Indebtedness ana having
surplus of over $33, 900.
Owing to the establishing of exclusive
relations with the great European news
gathering agencies of Renter, HAYES and
Wolff, and the added expense involved In
the extension of the service, it was sug-
gested that a guaranty fund of an
adequate amount be provided against any
emergency that might arise.
The idea was taken up promptly ana
volunteer subscriptions to such a fund
were offered. The following legal and
binding .document,was prepared by Mr..
John P. Wilson, general counsel for the
organization, and was signed as indicated,
although a number OF the gentlemen
present felt they were not authorized to
nix GnELI SIR1dlUIOb W1bnOuo fdSblOA W
their corporate authority and therefore g
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 $780,
600.
Following is the document and sigma
lures:
I'm consideration of 81, to each of us
IN hand paid, and of the Associated Press
continuing its existing news service with
such notification as its board of directors
may deem advisable, we the undersigned,
hereby agree to pay to said Associated
Press from time to time, as called for by its
board 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 SUBJ
scriber not to exceed the sum set opposite
his name and the pro rata share Of each
subscriber to be ascertained by the pro-
portion which his subscription bears to
the aggregate amount of all the So bscrip
tions hereto. The amounts so advanced
to be repaid without interest, when and
as soon as said Associated Press shall
have surplus funds on hand available Tor
such purpose and not otherwise.
Victor T. Lawson, fox the Chicago
Record and Chicago Daily News, $40, 600;
H. II. Kohlsaat, the Chicago Inter Ocean.
SIC, 900; Chicago Evening Journal by j.
d. WllSOns 1O.VVU; o6. 1IOulS IlepuDhOs
Charles w. KNAPP, S2O.O 600; st. Louis
Globe Democrat, by D. M. Houser,
$50, 600; St. Louis America, by William
Druhe, ce-president, So, 600; st. Louis
Die Westliche Post, by Emil PretorIous,
president, $1,000; Colonel Frederick
Driscoll, st. Paul Pioneer Press, SIC, 900;
St. Paul Globe, by ii. P. Hall, SO, 900;
st. Paul Dispatch, by George Thompson,
SIC, 600; Minneapolis Tribune, by w. j.
Murphy, SO, 900; Minneapolis Journal,
by L. Swift, SIC, 600; Milwaukee Sentinel,
by Charles Ray, $40, 600; The Evening
Wisconsin, Milwaukee, by A. j. Akin,
SIC, 600; Milwaukee Herald, by Edgar w.
Coleman, $1,000; Detroit Tribune, by
James E. Scripps, $40, 600; Cincinnati
Volksblatt, by L. Markbreit, S., 900;
Cincinnati Times-Star, by Charles P.
Taft, SO, 600; Cleveland Plain Dealer and
Cleveland Post. by L. E. Holden, SIC, 600;
Cleveland Leader and Cleveland News and
Herald, by E. H. Perdue. SIC, 900; Pitts
burg Post, by Albert j. Barr, S., 600;
Pittsburg Commercial Gazette, by Robert
Simpson. $4,000: Oil City Derrick, by P.
c. Boyle, So goo; Toledo Blade, by F. T.
Lane, $40 600; Columbus Dispatch, by
w. d. Brickell, s., 900; Ohio State Jour
nal, Columbus, by j. d. Ellison, s., goo;
Indianapolis Sentinel, by B. A. Eston,
S., 600; Indianapolis News, by William
Henry Smith, Sc, 900. Indianapolis Jour
News, by IL. w. Hawley, S., 600; Denver
Republican, by K. G. Cooper, S., 600;
Denver Rocky Mountain News, by
John Atkins, S., 900; Nashville Ameri-
can, by. d. B. Cooper, 1900; Day.
ton journal, by W. d. Bickharn, 81, 600;
Evansville journal, by E. P. McNeely !,
secretary, s., 900; Terre Haute Express,
by George NJ. Allen, g, 0O0; Terre Haute
Gazette, by w. c. Ball, 81 900; S2ndusky
Register, by I. Il. Mack, 81 900; Wheel
ing Intelllgencer. by q. w. Campbell,
81 900; Wheeling Register, by Charles h.
fancy, 81 .000:. Galveston News, by A. III.
Belo, president, $4,000; San Antonio
Daily Express, by Frank Grice, 81 900:
Houston Post, by J. Watson, 81 ,000i total,
sS19, 900.
MI. Grant, of the Pittsburg Dispatch
said that while he was not authorized to
subscribe in advance of action by his
board of directors, any specific sum, yet
he would say that there was no sum on
the list, however large, and no assess
lnent however great, that might be made,
that the Dispatch would not meet it.
Applications of several papers which
desired to join the association were pre-
scented.
Trio -,,aatinp &he,, adiourned