The daily sentinel., 1906-01-22
RESOLUTION.

WHEREAS, THE GRAND JUNG
TON FRUIT GROWERS ASSOCIA-
TON has been in existence for prac-
tically eight years. and has enjoyed
a phenomenal growth and prosper
ity. of which its members feel justly
proud and the outlook for double
of its output and business within the
next two years is apparent; all of
which is evidenced by the annual re-
port of the Board of Directors for
the two years last past; and the divi-
dends paid to the stockholders last
year; and from the further fact, that,
one week from this date the stock
holders will be called on to vote
on the proposition of increasing the
capital stock of their associatioonn TO
double the amount of its present cap
ital: to-wit. s100.000.00
In view of these facts, and in keep
ing with good business principles let
us not take one step, do one thing. or
allow one thing to go undone. that
might shake our confidence in il. And
before taking another shep higher
toward a ''frenzied finance, would it
not be well to allow each stakeholder
and fruit grower to know the exact
condition of the association, from
every point of view, and its methods
of conducting your business.
Recent Investigations among the
various corporations has proved how
corrupt "close corporations" may be
come. They too, like, us were sup
posed to be above suspicion. but when
the light of investigation was turned
on their acts, and the true condition
of affairs thrown open to the public
gaze, il wasrappalling.
Owing to the diversity of interests
of the two main factors of this assoc
iation, to-wit: the fruit growers. and
the stockholders, and the great vol
ume of business handled each year
through and by this association, the
proposition of the publicity OF its
affairs cannot be too strictly adhered
to. All well managed corporations
AUDIT THEIR BOOKS REGULARLY
as a protection to their stockholders.
An Investigation and auditing of the
books of this association can do no
harm, and the chances are that good
results may be derived therefrom.
THEREFORE,, BE IT RESOLVED
BY THE STOCKHOLDERS OF THE
GRAND JUNCTION FRUIT GROW
Frs ASSOCIATION. IN THIS.
THEIR ANNUAL MEETING AS
SEMBLED:
That. the Board of Directors be
and they are hereby empowered, au-
thorized, and instructed, TO az once
employ the services of CERTIFIED
PUBLIC ACCOUNTANT, to take
charge of, and audit the books of TINS
association, and that said accountant
be given free access TO all. books,
papers, documents, and accounts OF
every kind and description, belong
ing to the said Grand Junction Fruit
Growers association, necessary TO Il
| full and complete investigation and
accounting of the business of this as
| sociation for two years last past
and that said accountant make tull
and complete investigation of the DO
1 inCs and business of said association
for the two years last past and-a COM
nlete and full accounting OF the same
together with his recommendations
as to the proper method of correct
ing existing evils. If any there exist
That said CERTIFIED PUBLIC
| ACCOUNTANT shall notify the board
of directors at such time as he VIII
be prepared to make said report OF
his dofngs and findings and that the
said Board of Directors shall, Mneh
80 notified by said CERTIFIED PUB,
lie ACCOUNTANT. call n special
meeting of the stockholders OF me
Grand junction Fruit Growers AS
sociation. for the purpose OF accept
ing said report and taking such action
thereon as in their judgment Is rish'
land inst