Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-06-06
Stockholders Of Diving Park
and Fair Association Hold
Important Meeting.
PLAN TO PAY DEBTS


h~As vegas hTtNthk fhrk ana falr az
socistion and the board Of directors
Of Gsilinss park we're held last night
st the Commercial club rooms. The
object ut these gatherings WAS 10
elect directors for the ensuing year
and to devise n possible some way
Of rsizing sufficient money to meet
the obligations Of the association.
A debt Of over eight Thousand dol.
lars ID hanging over the heads Of the
stockholders q he Drivins Park asA
Fair Association. In order TO secure
the funds necessary to meet the In.
debiedness It was decided that an
effort should be made 10 dispose Of
unissued shares enough not only 10
wipe out all old debts, but 10 place
the association on q good financial
footing.
The association is capitalized for
10000. or this amount about $4,000
of stock has been sold.
The proposition advanced In reso.
luton presented by Mr.. Gortner was
for the sale Of the remaining sif 600
Of stock for a sum sufficient 10 pay
all the Indebtedness Of the assocla.
ton.
Colonel, Twitcheil stated that he
was willing 10 undertake TO dispose
of shares totaiing that figure and the
stockholders we're entirely willing to
have him make the effort.
The meeting of the Driving Park
and Fair Association was held first,
being called to order at $3.50 O'Clock.
Secretary Robert J. Tappert presided
at the opening Of the meeting. and
the minutes Of the last meeting were
read and approved. Ike Bacharsch
and ". II. ungles were chosen re.
spectiyeIy as chairman and secretary.
and the directors at once settled down
to the business before them.
Election os Directors.
The election Of directors for the
ensuing year was the first thing done
after the formalities Of calling the
meeting to order, and the following
named gentlemen were selected To
serve: Messrs. Hallett Reynolds, r.
=. Twitchell. James @. McNary, d. T.
Hoskins. Ike Davis, Charles Coe, Ike
Bacharaeh. ]. B. MackeI, d. d. Black,
j. }. Laubach, r. II. Pierce, secundino
Romero and Herman Ilfeld.
William p. Gortner then offered q
resolution to be read before the meet
ing. authorizing Mr.. TwitcheIl to act
for the association In endeavoring to
liquidate the Indebtedness. After q
fun discussion on the question the
resolution was adopted.
The meeting Of the board OF direc-
tors Of Gallinas park was called to
order Immediately after the adjourn.
ment Of the stockholders meeting, W.
II. ungies acting as secretary pro
TEN. Those present were r. z. Twitch.
ell, Hailett Raynolds. Herman nfeld,
Ike Bacharach, J. ]. Laubach, J. B.
Mackel and J. q. McNary. 5.a
Colonel Twitchell on motion was
unanimously elected AZ president Of
the park board for the ensuing year.
ny the same procedure r. n. Pierce
and George A. Fleming were chosen
ss treasurer and secretary respective.
".
II was moved and seconded that an
auditing committee consisting Of
members Of this board be appointed
to audit all accounts OF the Driving
Park and Fair Association. The board
then selected as this committee
Messrs. Hallett Raynolds. J. B. Mack.
el and Herman Ilfeld.
A motion was also made to have
the resolution adopted by the stock
holders at their meeting held Just
previous published In the Las Vegas
Optic. There being no further bust.