The commonwealth. (Greenwood, Miss.) 1896-1923, 1917-04-18
NEW OFFICERS
! @ B. LEAGUE
Messrs. T. H. Baird. w. NJ. Hammer.
G. A. Wade, w. H. Hays and X.
c. King Elected.
(From Tuesdays Daily

\IIOII ucSu1y s DallV)
At a called meeting of the Business
League last night at 7:45 new officers
for the ensuing year were elected.
Mr.. +. r. McShane, who has served
as president for three terms. having
declined to permit his name to be con-
sldered for reelection, Mr.. T. H.
Baird was unanimously chosen to fill
that place. Hon. w. Nj. Hammer was
elected First Vice-President, Mr.. G. A.
Wade, Second Vice-President, Mr.. w.
Il. Hays, Secretary and Mr.. R. c..
King, Treasurer.
T, The new President was instructed
by a resolution adopted on motion of
General S. R. keesler to appoint a
committee of five on providing a mar
ket in Greenwood for products of the
farm, other than cotton, this commit
tee to report their 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:
TO the Board of Directors, Green
wood Business League.
"Gentlemen:-Your Auditing Com
nlttee beg to report that they have
each month audited the accounts. ex-
amlned 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 a 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
reference; cash properly balanced and
summary each month showing at a
glance the totals of collections, ex-
penditures and balance. The receipts
are now barely sufficient to meet ex-
penditures. During January. 1917,
$4,000 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 $12,0O0.O0
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 S12,OOO.OO 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,O0O.0O. The average
balance until the above payment for
| past three years was around $4,000
At the end of March it is $753.36, of
this amount $4,000 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
a vigorous convas to secure addition
! al members so that the burden of ex-
pense may be borne by a greater
number of persons.
Respectfully submitted,
w. M. PETEET,
H. l.. DeLOACH,
Auditing Committee"