The news & observer., 1905-12-30
Hon. E. L. Daughtrige
to Plan for Next Fair.
GIFT TO PRES. HORNE
Society Shows Appreciation OF His
Services for Past Two Years. The
Financial Condition Excellent.
No More License to Game
SterS.

Agricultural society neId mere yeSlSI-
day. the new president, Hon. e. l..
DaughtriGge, formally assumed the
duties of his position and Mr.. Ashe-
ley Horne. who has So successfully
acted as the head of the Society for
the past two years. retired.
After the conclusion of President
liorne's report, and on the occasion of
l4iS formal retirement from the Pres
luency, Mr.. X. Ii. Battle, Il former
frSsluent, presented hIm with hand
some silver pitcher as . token OF the
Socletys appreciation of his services.
speaking in part as follows:
Mr. horne: By Il resolution adopt
ca by The Agricultural Society at
lis annual meeting during the last
state Fair, an appropriation Was
made To present you, as the Presi-
dent. some artice OF furniture or
piece OF silver. III recognition OF your
valuable services during your lncum-
beacy and as Il token of the high re-
gard the members of the Society have
for you, personally. 1t becomes my
pleasant duty 2s the chairman OF the
l.GyisoTy committee OF the Society,"
10 present this handsome pitcher or
soiid silver. Your eminenA services
as President for the past two years
ertitle you 10 the gratitude of the
Society and the public generally.
which is bCt feebsy expressed by this
token. You were chosen for Presi-
dent because Of your great success as
L merchant and agriculturalist. u
manufactures and financier, in the
Expectation tlat your talents as Il
business man would be OF great beli-
eff. to the Society. The success OF
the two State hairs held under your
administration has fully JuStlfied the
choice Of these who elected you.
While the wonderful success Of the
Fair recently held was partly due TO
the presence OF the President of the
United States. you have right to
claim that the consequence and dlS
nitv given to the Society by your ad-
mnistratiCn and that of some OF your
predecessors caused him TO honor the
Fair by his presence. The AoVlscfy
Committee assisted by the secretary,
has selected this pitcher. as the most
tasteful article of the KIND Tor SAFE
In the city, and they trust 1T Wl.i
prove acceptable to you and COM
mand the appreciation of your fam
ilv. At all events. IL WIZ serve, Win
the inscription upon it as 4 lastil@
memento of the appreciation OF tAe
Society of your very successful ad-
ministrations. as its President. ana
OF the high regard and esteem IN
which you are held personally py IT'S
otticers and all its members.
In accepting the gift President
Horne smoke feelingly of his connec-
tion with the society. and pledged the
work his hearty and continuous sup
port. n.;aant
Daughtridge expressed his gratitude
for the confidence implied IN ms elec-
tion and spoke encouraSlnSly OIL the
future of the fair. He stated lndl t,ie
new executive committee Wouia pe
named at an early date. and that IL
would he then called together at once
70 formulate plans for the fair OF
1906.
Report of Officers.
President Horne made his report
covering the two years of ms adElin- :
istration, reviewing the settlement VIII,
tha bondhoiders. He briefly outlined
fire financial condition when he took
charge two years ago compared with
the present condition, showing q re-
luction in the bonded debt of S3,5oo,
y reduction from six to nVe per cent.
tbe erection OF a new grand-stand ana
q balance in bank about double Inal
OF two years ago He a.so recon-
mended that the money N name pe
spent on permanent improvements
s,,ch as an adequate water sunDly ana
tire anna aratus. better preparations for
all stock. and larger Accommodations
TOR exhibitors general. and that no
license hereafter be issued to any game
of chance. large or small. he also
recommended the operation OF the
Fair for two weeks whenever the con-
dition Of the building would JUSTIFY.
and commended the railroads ana
newspapers for their hearty support.
He concluded by speaking in high
terms OF the work of Secretary rogue
and Treasurer benson.
The report OF the secretary review
ing the work of the past year, which
was the most gratifying in the history
of the society was read and received
with great deal of pleasure. This re-
port showed the erection of new
grand-stand and many other improve-
nents at the grounds. reduction OF
thirty-five hundred dollars in the
bonded debt and refunding of the
balance for twenty years 10y the issue
of new mortgage bonds at five per
cent. in lieu of six per cent. show
Fhg also the best display of field
crops. heavy farm machinery and live
stock vet seen at North Carolina
Fair. with strong communications
that larger and better accommodations
in all departments be provided for
next year. The report also touched
upon the largely increased interest
caused by the visit of President Roose-
welt, this visit being received with
great enthusiasm by all the people.
The report also complimented the able
and far-seeing management of the re-
tiring president, Hon. Asheley Horne,
and also the unremitting and constant
~ efficient services rendered by AS
sistant Secretary and Treasurer Den
son. The report was received and
ordered spread upon tho minutes as
a permanent record.
The treasurer presented his report
showing receipts and disbursements
for the year, which was most graft
flying, showing an increase of about
fifty per cent. over previous years
The financial condition of the Society
is now such that the work of perma-
nent improvements begun with the
erection of handsome modern grand