The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-06-09

Mems asseeiatiea,-Afnef4e Institute
of Banking.
I'm addition to this the following
hold their annual meetings here: The
Richmond Alumni and the Richmond
Association OF Credit Men.
There is also an average of four
small meetings daily held in the club
rooms, and a number of our mer-
chants and manufacturers use the club
Throughout the year for the meetings
.of their boards Of directors
Visitors Privilege.
Il would call the attention OF our
members 10 the visitors privilege that
this club extends to out peo-
pie. and which privilege apparently is
either overlooked by our members or
is not used BY them to the extent that
IL should be. I have never heard of
visitor who has come to our club who
has not spoken of II in the highest
terms, and | trust that every member
Of the club who has friends visiting
the city will always see that they are
supplied with a visitors card and
brought to the club. as believe It will
be the means of giving them a better
idea Of our city"
After referring TO the annual open
house. baseball game and outing
President Smith said: Il take this
opportunity to express publicly be-
fore the club our thanks and appre-
citation OF the courtesies extended us
by Mr. Thomas G. Sydnor and Stone
man Brothers in giving us the use of
beautiful Narina farm for our outing
this month
Finances and Membership.
MIR A. NJ Pullen OF the firm Of
Wilson & Puilen. has Just completed a
most thorough audit of the club books,
and 1t is found after writing off
s62e.s4 depreciation for furniture and
fixtures that the club shows loss for
the year of s34a.T5.
"Of course. | regret that the
financial showing of the club is not
better. but after taking all things into
consideration | feel that as a whole
we have done very well.
The club now has a surplus, after
taking in account all of its assets and
liabilities of s2.5l3.87
We now have as members: resi-
dents, 743, nonresidents, 1874. COM
mercial, 10, showing a loss Of forty,
three members for the year
DURING the first six months of my
incum hency we lost a great many
mem bers, but during the last six
months by a quiet membership cam
paign, carried on by patriotic and in
tensely interested members Of the
club, we made substantial gains.
though not sufficient to overcome the
loss for tae first six months of the
fiscal year. We have received during
the year ninety-four new resident
members, fifty-one nonresident and
seven commercial. from which you will
note that this is an increase over the
previous year in applications for
membership of thirty-two residents
and one nonresident, and falling OF
of fourteen in the commercial line.
For Permanent Home.
Ever since | have been your presi-
dent | have been strongly in favor Of
down town business mems club
building into which every civic ORGAN
ization not now having a permanent
home could secure quarters and have
it's meetings held; club house equip
ped with every. modern convenience,
including bedrooms for its bachelor
members, with . gymnasium, showers
poof, bowling alley poof and billiard
tables and. If possible. an attractive
roof garden, Sucn Il club house build
ing in the heart of the city and in
the financial and business section
would. of course, mean an outlay of
certainly not less than 100000. but
at the same time 1t would be an as
set TO our city in more ways than
one, and | do not believe that this
club will reach the full fruition Of its
powers until the time comes when 1t
has modern club home in the bust.
ness section.
Your board Of directors appointed a
Especial building committee during the
past fiscal year to look into this mat
ter in detail. but due to certain in
formation which they have not yet
been able to definitely obtain they
have not been able to make final re-
port. as they had hoped to do be-
fore this annual meeting. now recon-
mend to the incoming officers and
board continuance OF this commit !
tee and final report from them for
presentation TO the entire membership, /
and / believe that II favorable action
on the part Of the club members is
taken and a real interested effort to |
put same over by the members is car
ried out that within the next two years
this practical idea can be put into
effect and will result In the member |
ship of at least 2,500 active business .
men in our city"