The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-11-03
FREIGHT BUREAUS PROSPECTS.
The Association VIII Probably lie
Continued Another Year.

There was no quorum at the meeting of
| subscribers TO the Savannah Freight Blu
reau yesterday. 1t was the annual meet
ing Of stockholders, but after the meeting
had been called to order it was found that
there were only seventeen Of the 200 sub
scribers in attendance, these seventeen
| representing 143 shares Of stock.
The meeting was called to order by the
| president of the bureau, Col. w. w. Cor
don. He announced that, according to the
rules, it would not be possible for one of
the directors to preside at the annual
meeting, and a nomination of one of the
subscribers to act as chairman was in or
der. This nomination was made by Mr..
A. b. Palmer, and there being no oppo-
sition to Mr.. j. p. Williams, he acted as
presiding officer
Mr.. Williams stated that the first bust
ness would be to ascertain whether there
was sufficient stock represented to con-
stitute quorum. Two hundred shares is
the number necessary. A committee, con-
sisting of Messrs. I. B. Tiedeman, A. C.
Harmon and w. w. Williamson, appoint
ed by the chair, reported but 143 shares.
There were no proxies and the chairman
announced that a quorum was not repre-
scented.
The fact of quorum not being present
did not seem to disturb the friends of the
bureau. They had made no effort to Sc
cure one, only the printed announcement
OF the meeting having been sent out. 1t
is said that when it is desired to get
full meeting Of the bureau the telephone is
used. There was no necessity for imme-
date action upon the matter of the con-
tinuance of the bureau, as its contracts
do not expire until Dec 81.
Upon motion of Col Gordon it was de-
cided to hold another meeting Nov. II.
In the meantime a committee will visit
some of the subscribers to secure enough
proxies to constitute a quorum.
No doubt is felt about the continuance
of the bureau. 1t is said that enough
stock has already been subscribed to in
sure its conduct for another year. 1t is
understood that there will not be as much
required fer next year as it has required
annually during the three years of its ex-
istence. 1t is thought that necessity will
not again arise for cases 90 be taken be-
fore the interstate commerce commission,
which is a course that requires conSidera-
BILE expenditure. The work of the bureau
in some of the cases that have been
brought by it has left matters of rates
more equitably adjusted and it is be-
lieved that expensive trips for the COM
missioner will not be necessary next year.
Col. Gordon gave an account of the
work of the committee that has been en-
gagged in soliciting subscriptions for an
other year. The committee, he said, had
been very successful and the cotton, the
naval stores and the fertilizer men had
responded in a generous manner. 1t was
gratifying to the subscribers to learn that
the naval stores men had doubled the
subscriptions they made upon the organi-
cation of the bureau.
Those present at the meeting were Col.
w. w. Gordon, Mr. Charles Ellis, Mr.. R.
F. Sans, Capt. w. w. Williamson, Capt.
JAh d
H. Weibert, w. G. Morrell, j. w. Huger,
J. c. Rowland, D. B. Lester, w. D. Kren-
son, NJ. NJ. Sullivan, ]. S. Wood w. C.
Powell, A. B. Palmer and A. c. Harmon.
The bureau has heretofore been sup
ported by a subscription of 700 shares at
$40 each. These are held by about 200 bus
mess men, the number of shares held by
firms or individuals running from one up
to fifteen or twenty Forethe conduct of
the bureau next year, 1t is said that only
500 shares at the same value will be neces-
sary. o.