The Montgomery advertiser., 1908-01-14
J. (. HAAS Is
 PRESIDENT He Heads Montgomery Board of Trade. ORGANIZATION COMPLETED Rooms Have Already Been Selected
 for Organization. Rules and Regulations for the Board sf Trade were Adopted at the
 organisatioa sIeetaas
 Yesterday.

Untiring efforts of several men of afontgomery who have done all in their ] power to promote a Board of Trade in the city have been rewarded. as the organization is now perfected. officers elected. location selected and every thing made ready to have frst-class Board of Trade in operation within short time, At q meeting held by those who took hold of the proposi- tion the following officers were elected:
 T. c. Haas, President: J. P. Far rei1. Vice-President; F. G. Hammond. Secretary: W. NJ. Marks. Treasurer: R. J. Beliamy, Superintendent.
 The directors are: M Kahn. A. J. Conroy, F. F. Johnstone. Frank Pea- body and S. Roman.
 At the same meeting it was decided to incorporate the organization and to have it operated within every require ment of the new laws. With this end in view those who were present at the meeting subscribed from one to three shares of stock which is listed at s25 a share and q petition was prepared that could be circulated among the business men giving them q chance to subscribe for the stock.
 As the organization was corporated for 5000 1t was necessary to have &f,000 in stock subscribed before certificate of incorporation could be secured. This was obtained apfong the business men of the city as fast as the petition could be presented to them, An amount several hundred dol- lars over the required figure was ob- tained without trouble.
 When this was done incorporation papers were drawn and late yesterday afternoon were filed with the Probate Judge. At the same time a license was procured.
 Yesterday it was decided that the rooms formerly used by R. l.. Bellamy & Co, and Ira H. Virgin & Co. would be made into one room and used for the headquarters of the Board of Trade, The partition will be torn out and the DfI1ces fitted up elegantly. The board formerly used by Bellamy 6 Co. wili be the one that will be used by the new organization while the lounging room and general offices of the Board of Trade will be where Virgin & Co. Formerly were This work Will start In a few days so that market quota kions can be secured as soon as possi- bIA and the members of the organiza- Hon can reap their benefits.
 Tn order to conform to the new laws regarding a place where market quo- tations are received and also to the customs of like organisations in other cities, only shareholders will be admit ted to che rooms and no member will be allowed to divulge the quotations of the market to one who IS not allowed the privileges of the floor. This rule is made with certain notifications, but what they will be is not known now. A visitor who is accompanied by some member will be allowed floor privileges. Whether a person will have to live out side of the county or outside of the State before he will be recognized as a visitor has not been decided. That matter will be determined within few days, however.
 Those who took shares yesterday, and who are so far members of the or- ganization are:
 J. D. McKeithen & Co.,, Roman Cot ton Company. ". A. Davis, I. E. Trem- ble, W. F. Mel. F. F. Johpstone & Co.,. A. N. Catrevas & Co.,, A. l.. Wolff 6s Co, F. E. Fisk Cotton Company, F c, Hammond, Ira H. Virgin, Frank Pea body, Elmore-ouillian 6s Co, James F. Farrell Cotton Company. cudahy Pack ing Company of Alabama, sehloss (;