Richmond planet., 1928-01-28

The annual meeting of the share
holders OF the Southern Aid Society
of Virginia, Inc. was held Monday
January 90, 1928, $3.50 P. NJ. at
the Sharon Baptist Church, First
and Leigh Streets, on invitation Oh
the progressive pastor, Rev. r. II.
Johnson, A. M, B d. Prior 70
the business session of the corpora
ton. the Sunday School Orchestra,
Mr.. Cornelius Cooper, leader and
Miss Ruth Carter, pianist rendered
several appropriate numbers to the
delight OF the large gathering CT
stockholders Invocation was by Dr.
R. G. Adams, Portsmouth, Va.
After ascertaining that about ~
uer cent Of the stock was represented
either in person or BY proxy, and
acting ON ether routine matters, me
body heard reports OK tts aDscutive
oisacexs. Mr.. James !. Garter. We
versatile and energetic president OF
the corporation rendered his annual
report. Mr.. Carter's vivid portrayal
of the corporations outstanding
achievements during the past year,
and his illustration OF Insurance -
q Service, were an inspiration 70
all who were fortunate to hear the
report. 5.a =.
Mr B.. l.. Jordan. Secretary
Manager, presented the annual tnan
cial report. This report, Ike all Ell
forts OF this dynamic insurance and
business leader, was q cemprehen-
siye and detailed record OF the re-
ceipts and disbursements OF the cor
porasion. as we'll as clear cut anal
ysis OF the accounts OF the corpora
tion. The report showed that gross
business for the year was 81. .245s2o6.-
9S. Then followed a report OF the
a sdtivities OF the various departments
of the business and corporations
personnel, By Mr.. w A Jordan
Assistant SecretarytManager These
reuorts were received and adopted
with high commendation by the
shareholders. "a.
Eollowipg the repor's of the offi
GERS. the, recommendation from the
Board of .Dired ors for an increase
in max mum. capital from 800 0Oo
to $500 900. $5O.O00 of which waste
be immed'ately amade available, and
cher necessary changes in the cnar-
ter of the corporation were enthus-
iastically approved by the entire -
body. -
The reelection of the President
and Board ot Direc' ors. was. carried
out under proper action bv accla
nation. At his point, President
Carter requested the entire. group to
accompany MIN to the lecture room
of This well-appoi inted church, There.
the stockholders were, greeted with
'ables laden with repast that would
have t'ckled the palate of a king.
The caterers, Mr.. and Mrs , Richard
Eggleston and a uniformed and at
tractive group Of assistantsSesaw TO
il that everyone had bounteous
and satisfactory service. The Pres
iden' passed the sceptre to- Wee
President. Mr.. B. A. Cephas, who
had been elected toastmas'er for life.
Then for an hour and q half there
was q mixture of wit and feast'ng.
The unbounded enthusiasm of the
numerous speakers and the large al
tendance of out of-town stockholders
attest the esteem in which the Off
GERS and board are held. and the
value of this corporation in the races
economic development. A partial
list of the out of-town shareholders
follows:
John 70 Hall. Jr and Charles q.
Bryan, Washington, D. c.; VIM. H.
Brown, Bristol Va; Rev R. G..
Adams. Portsmouth, Va. Prof ].
F.. Shields, Mrs. Mamie Stevens.
Miss Parthenia Davis, R. l.. Tate,
D. F.. Brown, A. G. Bates, c.. A.
Williams and ] M. Ridley. Peters
burg, Va /; Mrs. NJ, S. Lawson, D.
A. Edwards. j. j. Brooks and G
s. Payne, Chariot esville, Va; J.
NJ Beverly, Caret Va. and E, j.
Riley, Lillian, Va.