The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-05-21
PASSING OF THE CHAMBER.
The Resolution.

| liz ASSO1ul4OH-
Whereas. From the representations and
conclusions of the board of directors of
this chamber reported to this meeting
and fully set forth in the minutes of the
| meeting of said board on Nav 6 1888, and
from other reliable sources OF iafoIma-
| ZION, II Is made apparent 10 the stocE-
holders in annual meeting assembled, that
tne chamber of commerce has become so
reduced in membership and revenues
through the indifference and neglect or
the business men, property owners and
| people generally OF Salt Lake city. in
whose interest it has labOred for over ten
years, as TO now be totally incapable of
paying the fixed charges OF It's maintei:-
ance ana carrying out the wise ana btn- fl
cent purposes Tor which 1t was cTSanlzeI,
and.
Whereas, Greater even than the dis
grace and shame of its closing 10 the peo-
pie OF Sat Lake, will be The disgrace
and shame 10 them of its continuation -
the bankrupt, almost memberless, hating
and impotent condition in which il now
is; and.
whereas. There is nothing in the ?ast
experience OF the few active members of
| the chamber. or in the indications now
! present In the city. to encourage the hope
that any amount Of energy or effort on
our oarI VIII accomplish the awakening
/ of the slumbering spirit of enterprise 10
an extent sufficient TO resuScitate the
chamber. and thereafter supply il with
the means Tor existence or encouragement
10Y effort; therefore. be it
Resolved, That the business and exist
ence OF tho Salt Lake Chamber OF Com
merce be speedily brought to a conclus-
ion, and that w. y. Nelden and George
a. Snow and W. +. Lynn stockholders
thereof, be, and they are hereby appoint
ed with power TO act, a committee to
take charge of the property and effects of
whatsoever kind, of this chamber and 10
wind ~ the affairs Of the chamber as
quickly as the same may be done in con-
formity with the best interests of all
concerned;
Resolved. That said committee is hereby
given unqualified and unlimited authority
in the premises; being empowered to sell
or otherwise dispose of the property of
the chamber in such manner. for such
price. and upon such terms as said COM
mtttee may conclude Will secure funds
whercwith to pay all or a portion of the
debts of the chamber, and in the dis
charge of this duty said committee may
sell or may send 10 the mill the exhibit
Of the chamber, to have extracted there
from the gold. silver and other metals
therein contained. Sad committee is
gwen authority to pass upon the accuracy
of all claims against the chamber, TO pay
or compound or otherwise settle the same
or TO pay a claim Of pro rata proportion
thnt the F. r. McGurrin for rent of type
writer guaranteed by W. A. Nelden for
Stt, ant the claim of the late secretary.
L. T. CClborn. asceTtained by an auditing
committee heretofore appointed by the
board of directors to amount to $77S93 in
the opinion of this meeting ought of right
10 pc preferred. and are hereby preferred
and ordered to be first paid out of the as
sets OF the chamber-the services which
said claims represent having been rem
dered upon the express promise OF the
members OF the board of directors that
they would be so preferred in the event
OF the winding up OF the affairs of the
chamber; and
Resolved. That tho action of said COM
mittee to be taken in the premises. be in
advance. and the same is hereby ratified
and confirmed. That said committee shall
nave power to reconVene this meeting
from time to time during their service
upon the notice to the stockholders BY
mail, and at the end of their service they
shall report their doinCs to a meeting Of
upon giving notice as aforesaid and that
when the affairs of the chamber shat
have been fully settled, that the powers
OF the same conferred by law be permitted