The record-union., 1895-01-25
MONKEY AND PARROT OUTDONB.
Germania Stockholders Still Washing
Family Linen.
Another Exciting Wranele Over the
Associations AfIairs-The Bal
lots Not Yet Counted.

After President Hahn had called the
meeting to order he said the first business
was to hear the report of the committee
appointed to examine the proxies pre-
sented on the preceding night.
Albert NJ. johnson wanted to know
what the report was.
Isaac Joseph said he represented one
side of the meeting and W. Z. kleinsorge
the other. The report was that the proxies
had been examined and that most Of
them were correct. There were a num-
Der of them, however, that were laid
aside on account of Irregularities.
johnson said there were no sides to the
meeting. The stockholders were there to
transact business and elect directors.
Il. I. Devlin said there were about 800
proxies, and two sets of candidates. 1t
would take long time to call the roll to
see who had proxies and to count the
thousands of votes that were represented
by stock holders. He was not in favor of
a roll-call for that purpose, as had been
demanded.
A great deal of discussion ensued as to
whether or not the roll should be called,
and resulted III the report being adopted.
The minutes OF the previous meetings
were read, and Secretary Goethe followed
with the reading OF his annual report.
THE FIRST CLASH
Between the opposing factions was then
precpitated by w. +. Peterson moving
that the Secretary's report be referred to
three stock holders, to be selected by the
main body Of stockholders themselves;
the latter also to select an expert TO eX-
anime Goethe's books and mail the result
OF the examination to each Stockholder.
Devlin moved, as an amendment, that
the Chair appoint the committee to eX
anime the books.
The amendment was greeted with
Kisses, and several persons demanded
that DeYIin sit down.
II would like to KNOW" he said, who
told me to sit down! Is this Third
Ward meeting? l have a proxy. and am
entitled to speak al this meetingp p
Eugene Eikus rose to point of order.
A motion had been made, he said, to re-
Ter the examination of the books to
committee OF three.
Elkus' point of order was decided not
we'll taken.
f. l. Woodman offered as a substitute
that the report be referred to the directors
to Ue elected.
DevIin said he was willing that the re-
port be referred 20 President Hahn and
w. T. Peterson, but Mr.. Peterson said he
would not serve.
Devlin again commenced to address the
stockholders, when someone on the north
side OF the hall shouted 10 him to sit
down.
DEYLIN LOSES HIS TEMPER.
DevIin by this time was worked up to a
high state of excitement. To the person
who requested him TO sit down he said:
IF he Is a gentleman, let him stand up
or keep his mouth shut! | am not mere
to be put down by ruffianismn'
The irrepressiDle friesEle here came to
the front, as he did at Wednesday nights
meeting, with point of order. If joseph
TpnrpGRntpu he
son the other, what side did Devlin rep
resent?
Albert Elkus said he was willing that
the committee should consist of Joseph,
Arnold and j. p. Cosgrove, who held
proxy from Y. s. McCIatchy.
AFRAID OF GOETHE.
Woodman insisted on his substitute to
refer the report to the new directors. but
Adolph Heilbron objected on the ground
that Goethe might elect majority OF the
Board OF Directors favorable to his re-
tentiOn.
Eugene Elkus said he was opposed to
the Secretary selecting MS own expert
The whole matter was then settled by
the adoption of a motion by Devlin that
the report be referred to a committee TO
consist of j. 2. CoSgroye, Isaac Joseph
and j. II. Arnold, with power to employ
an expert.
Nominations wore then declared in
Stephen Uren, y. Meister, l.. c.
SCHNEIDER, James McCaw aud H. B.
Nielsen were nominated for the long
term, and Jonn y. Falkenstein for the
short term.
GOETHE EULOGIZED.
After number of stockholders had
seconded the various nominations. r. r.
Deviin stepped up to the platform and
said:
''Ludje8 and Gentlemen, AMI Stock
EOidcFS Of tie GeTHtGNjG Butidjaq and
Loan Association: | arise for the purpose
of secOnding the nominations of II. b.
Nelson, l.. c. SCHNEIDER and James Nc
Cav for the long term. and John 4.
Falkensten Tor the short term. Itis NV
purpose this evening TO say few
words to the stockholders as TO
why these gentlemen should be
elected. The Germania Building and
Loan Association is, ! believe, the largest
association of its kind on the coast. and
nearly as large AS all the other similar
associations IN this city com bined.
1.-The gentlemen of whom L am sneak
ing are all representative citizens of
Sacramento. They are responsible and
good business men. The reason the cleo
lion of these gentlemen-whom | ac-
knowledge are friendly to Mr.. Goetha-
is opposed is because the Secretary has
refused to make loans to those oDDosed
to him, because he believed it not to be
the policy of the association, and that it
was not for the best interests of the as
sociation. Mr.. Goethe, as you well know
has been for fourteen years Secretary of
the association. During the last nine
years there has passed through his hands
Sl4, ,4SS, ,OOO-neariy $1,000. 600. In all this
time, while be has acted as Secretary and
had the management of these great sums
ofInoncy, there is not q single person
who can point out single error or mis-
take of the Secretary. There is not q
man who can say that he has not acted
honestly, fairly and squarely by the as
sociatiOn-that he has not acted for its
best interests.
"He has made some bitter enemies. bnt
he has made them because lie has dene
what was his duty. He has been opposed
10 the directorssof the association loaniug
money to themselves in large amounts.
''rhere is one gentleman here who in
MAY, 1891, borrowed OF the association
S53, 600, secured by loans on real estate
and at one time that same gentleman
owed the association the sum OF $780, |
have nothing to say against this gentle
man, nor do l say that the load was not a
good one, or that IL was not well secured;
but l do say it was not good business
policy TO lend such sum to one member.
and he director"
DEVLIN CALLED DOWN.
III. Arnold objected to Devlin's re-
marks about members of the association.
Adolpn Heilbron said Devlin should
be allowed to proceed; he did not care il
Deylin did refer to him.
Emmett Phillips wanted to know to
whom Devlin had reference.
Albert Elkus also objected to Devlin's
remarks.
ELKUs' LOAN.
Devlin replied: 1.-The gentleman who