The morning news. [volume] (Savannah, Ga.) 1887-1900, 1900-01-31
Committee ADOPTS A PLAN.
,xnrsTRIAL MOVEMENT GIVEN A
BAsIs OF ORGANIZATION.

IuStriaI Association and VIII Have
Two series of stock, One of $50, 600
~ Ss5 a share aud the Other of
SEQ 900 at 800 Share-A Cam
,nSsinG Committee to Be Appoint
ed-NrtIcIes of Incorporation to he
,onIied for When the Subscrip-
tious Reach $4,000.
Tbs Committee of twenty, appointed at
che ,itzens industrial meeting to formu-
7o,s 4 plan. select officers and otherwise
Give shape to the industrial movement.
held us second meeting yesterday after
,oor Az Metropolitan Hall. The meeting
was held for the purpose of receiving the
,4oort of the Committee on Organization
amounted at the previous meeting. The
committee. which consisted of Capt G. A.
Gordon Mr. D. B. Lester and Mr.. P. A.
s,oyall. submitted its report, which was
admitted with some amendments.
Those present al the meeting were b. A.
nsnm3rk. G. A. Gordon, d. B. Lester, P.
stoyan. A. S. Nichols b. H. Levy, VIII
lam Kehoe, P. T. Foye, S. Krouskoff,
Nicholas Lang. c. H. Dorset, Rev. c. II.
Strong Rev w. c. Schaeffer and Rev.
Sshn D. Jordan.
The meeting was called to order by the
secretary. Capt. Gordon, who read a let
far from the chairman, Col. j. Fl. Estil
stating his inability to be present, on ac-
,ount Of absence from the city. Mr. Den
mark was called to the chair, and the
minutes of the previous meeting were read
and confirmed. Mr.. Denmark stated that
he had been absent from the city for
about two weeks, and had not kept up
with the movement. He was informed as
10 us purport and progress by Secretary
Gordon and Mr.. d. b. Lester.
The business of the meeting was then
taken no. and the report of the Committee
on ORGANIZATION received. The report was
read 5v the chairman of the committee,
Can't Gordon, after which it was taken
up and considered by section There was
some discussion and several amendments
were made but as whole the report was
considered very satisfac tory. The follow
inc is the report as adopted by the Cen
eral Committee:
The Committee on Organization recon-
mend that the following articles be sub
mitted for ratification and approval to a
general meeting of the association, after
first being ratified and approved by the
Committee of Twenty:
Article Organization. Section l. Name
This organization shall be incorporated
under the laws of the state of Georgia
and known as The Savannah Industrial
Association, with power TO make its con-
sdtuton and rules for the management of
its affairs.
SEE >. Offices. The principal office of
said corporation to be located in the coun-
ty of Chatham, state of Georgia, with
branch offices and agencies in such other
places as the corporation may deem neces-
sary
Article II-Oficers. Section /. The pres
ent Committee of Twenty shall elect seven
men to serve as a board of managers,
whose duty shall be to direct and control
the management of the affairs of the as
ISOLATION.
The said Board of Managers shall elect
from their own number chairman and
vice chairman. who shall also be respect
iyely president and vice president of the
Savannah Industrial Association.
The Board of Managers shall elect from
their own number treasurer, who shall
mail to all the stockholders, semi-annu-
ally, a report of the condition of the asso-
citation.
\ secretary shall be elected by the
Board Of Managers, who will define his
duties
The Board of Managers shall fill va
cances in their own number
All the above elective officers shall serve
for period of one year from the date
Of their election by the Committee of
Twenty
Article III-Committees. Section l. A
canvassing committee shall be appointed
ny the temporary chairman. The duty of
the Canyassing Committee shall be to Sc
cure subscriptions to the capital stock OF
the savannah Industrial Association.
Sc. ., Committee on Statistics shall
be similarly appointed. 1t will be the
duty OF the Committee on Statistics TO oh
IAN and publish the statistics and infor-
nation necessary to acquaint the public
with the products that can be probably
manufactured in Chatham county.
Article IN.-Object. Section /. The OBJ
lect Of the organization shall be the pro-
motion Of varied industries.
Article EQUALIZATION. Section l. The
capital stock of the Savannah Industrial
Association shall be $l5O0OO with the priv
iese OF increasing to $1,000 900. No col
lection of subscriptions to be made until
al ieast $4,000 has been subscribed.
Sec. Said stock shall be issued in two
- series, as follows:
series J. $4,000 in shares of S25 each,
payable $l00 per month.
series ., 100000, in shares of 800 each,
PAYABLE 81 20 per month.
IolI capital stock, $4,000.
Note-Each share will, therefore, be fully
paid up in twenty-five months time.
"ee ing of the stockholders shall be held
"'e year after the election of permanent
V"eeIS OF the organization. At that meet
Hs t"eutY stockholders shall be elected
a. committee 70 perform the duties pre-
oCilo"d Tor the present Committee of
I"thty in Article 2, Section /. After that
HFeuns the stockholders shall meet reg
",ai'y every twelve QD months for the
purpose of electing Committee of Twen-
s 10 elect officers as prescribed in Article
. Section l.
a meeting of the stockholders may be
.aHea at the discretion of a majority of
~, .s Board of Managers. and it shall be
tn 44iy of the president of the associa-
s NON TO call meeting of the stockhold-
81, upon a written request Of any twenty
stockholders.
oe' % At all elections held by the asso-
'-'n each share of Series / stock shall
Via lued TO one vote; each share of Sc
il stock shall be entitled to four votes
ne 70 Stock may be represented by
NV AT the stockholders' meetings.
=" G1Ie NII-Rules of order Section l.
to, meetings of the association ma
cc,4's OF the stock must be represented in |