Arizona weekly journal-miner., 1902-04-30
A Moderate Degree of Enthu siasm Manifested at Last Nights Meeting, and Fa- vorable Progress Made
 Towards Organiza-
Committees Appointed at Previous Meeting Showed Activity and Pre- sented Reports - Committee Ap' pointed to Select Executive Com mittee.
ton.

colt Mining exchange was held at the Hotel Burke April 24, 1902. T. c. Job, chairman, called the meeting to order and called for the reading of the minutes of the last meeting by the secretary.
 J, c. Martin, secretary. read the minutes of the last meeting, which, upon being submitted to the meet ing, were approved without objec- ton.
 The next order of business was the reports of the committees appointed at the last meeting, as follows:
 The first committee was that ap- pointed for the purpose of investigat- ing the cost of maintaining rooms for period of six months. A. B. Noxon then read his report, which was filed with the secretary.
 After the reading of the report the chair submitted the same to the meeting, and the same was approved without objection. The committee reported suitable rooms could be secured, and the expense was esti- mated at S4OO per month.
 The committee appointed to inves- tigate and report the number and names of mining interpretations and their availability for listing in a stock exchange was asked for a report.
 Owing to the absence of Mir. Fred ericks, Col D. \. Hood, at the re- quest of Mir. Fredericks, read a cir cular which had been sent out to the various mines known and also to some good prospects. The circular also contained a number of questions which had been asked the respective mine owners, and after the same was read by Col. Hood, he stated that many replies had been received direct from the mines, and others had stated that they had received the circular and had taken the same under con sideration.
 J. c. Forest moved that the com mittee be given another week, or until another meeting, in which to make complete report. The motion was seconded and carried.
 Col. Hood filed the circular with the secretary.
 The report from the committee appointed to prepare a plan of or ganization and to estimate the cost of maintaining it for six months was read by Mir. Willard, but before do- ing so he stated that they had given mo consideration to the stock eX- change feature of the report.
 After the report had been read, the chair submitted the same to the meeting for action.
 MT. Forest moved that the report of the committee be received and adopted. The motion being seconded, the chair stated that the report was made up of seven paragraphs: First title, "The Prescott Mining Stock Exchange" He then asked if any one wished to submit an amendment to that section.
 Mir. Noxon: 'I would like to move and suggest that the name be changed to the Mining Stock exchange" " There being no second to this mo- tion, it was withdrawn.
 Section 2. General Purposes To promote the mining interests of Arizona in such ways and by snch means as may be considered desir- able by the exchange.
 The Chair: ''Is there any amend ment to this section?"
 Mir. Shultz asked for information regarding the matter, and stated that he did not think the adoption of this plan by sections at this meeting is the object of its introduction.
 The chair stated that he did not wish to adopt it by sections, but to bring each section to the meeting, so that if any member wished to make a change to any section he might do so, and the motion will be upon the whole when amended. There being no amendments sug- gested, it was passed.
 Section 3. "Members "-Exchange and associate members; the latter having no vote in the annual meet ings, but being in the majority on all committees.
 Mr. Forest: Twill that plan really be in order. If this is going to be adopted as whole, is it subject to amendment? Should not each sec tion be put to the vote, then, as it is read, and voted upon separately.
 The Chair: No sir, each section should be read, and if any amend ments are proposed to it, let them be made and then the whole put to the meeting as adopted.
 There being no amendments sug- gested to this section, it was passed.
 Section 1. Executive Committee. Elected annually by the exchange This committee to appoint all officer: and committees.
 There being no amendments to thi; section, it was passed.
 Section }. Officers" President ! vice president, secretary and treas urer.
 There being no amendments to this section, it was passed.
 Section 6. 'Exchange Member ship" Shall be limited to the mum Der of fifty, subject to extension by the executive committee.
 There being no amendments to thi' section, it was passed.
 Section '. "Sources of income Membership dues Exchange S5O.0t per annum; associate, S200O per an mum.
 There being no amendments to thi: ] section, it was passed.
 The motion for the adoption of the report was then carried.
 The chair: That completes tn, regular order of business, so far al the chair could forC-ee #. The nex l will he new business.