The daily commonwealth. (Greenwood, Leflore Co., Miss.) 1916-1919, 1917-04-17
NEW OFFICERS
FOR B. LEAGUE
Messrs. T. H. Baird, w. M. Hammer,
G. A. Wade, w. H. Hays and r,
c. King Elected.

i
c, King Elected.
At a called meeting Of the Business
League last night at 7:45 new efacer'
for the ensuing year were elected
Mr., e. R. MeShane, who has servee
| as president for three terms, having
declined to permit his name to be con.
sidered for reelection, Mr., T, H
Baird was unanimously chosen to All
that place. Hon. w. M. Hammer was
elected First Vice. President, Mr.. G. A.
Wade, Second vice-P President, Mr.. W
H. Hays, Secretary and Mr.. R. c.
King, Treasurer.
The new President was instructed
by resolution adopted on motion Of
General 8. a. Keesler to appoint a
committee Of Ave on providing a mar
ket In Greenwood for products of the
Ifarpa- other than cation, thin commit
to 10 rSport theif recommendations at
an early date.
: Prior to the election the minutes
Of the previous meeting were read
and adopted and the report Of the
auditing committee was read and
adopted as follows:
ITO the Board Of Directors, Green
wood Business League,
"Gentlemen:-Yeur Auditing Com
mittee beg to report that they have
each month audited the accounts, ex-
amined the vouchers, compared the
balances as shown by the Secretary
with those Of the depository, the Bank
Of Commerce, and find them correct in
every particular. The accounts are
kept in neat and orderly manner,
showing amounts received and from
whom received; receipted voucher
properly authorized and checks for all
moneys paid are always onhand; each
months vouchers and checks being
kept on file in separate envelopes
properly designated for convenient
cash properly balanced and
summary each month showing at
glance the totals of collections, ex-
penditures and balance. The receipts
are now barely sufficient to meet ex-
penditures. During january 1917,
100000 was paid the Hicks Smith Co.,
successors to the Greenwood Hoop and
Lumber Co. as per contract with the
latter, the League agreeing to pay
that amount towards their ground rent
for five years, providing their labor
pay roll should amount to $12,O00.0O
or more per annum, subsequently con-
firmed to the Hicks Smith Co., their
successors for the balance Of the per-
iod, three years, the Greenwood Hoop
and Lumber Co., having failed during
the first two years to show an expen-
diture Of $12,000.00 for labor. The
Hicks Smith Co. showed about $14,-
10000 for labor and a total expendi-
ture for labor, logs, repairs to mill,
etc., Of about $45,000.0O. The average
balance until the above payment for
past three years was around 100000.
At the end of March it is $685., of
this amount 100000 will have to be
expended soon in compliance with
agreement with GENERALIZATION Lum-
Der Co. when their plant is ready to
begin operating, which will reduce the
balance to that extent. The member
ship list indicates that there are a
large number Of persons in Green
wood who are not members that should
be. We recommend that a member
ship committee be appointed to make
. vigorous convas to secure addition
81 members 10 that the burden Of ex,
pense may be borne by q greater
Of persons.
Respectfully submitted,
w. M. PETEET,
H. L. DeLOACH,
Auditing Committee"
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