Review and Herald Publishing Association by W. W. Prescott; W. B. Walters

Review and Herald Publishing Association · Washington, D. C. · May 25, 1905

Review and Herald Publishing Association

By W. W. Prescott; W. B. Walters

The adjourned meeting of the Review and Herald Publishing Association was held on Tuesday, May 16, at 9:30 A. M. Prayer was offered by Elder D. T. Bourdeau. The secretary's report of the former meeting was read and approved.

The president of the association then gave quite a complete history of the steps leading to the dissolution of the Seventh-day Adventist Publishing Association of Battle Creek, Mich., and a full statement of the process by which the property and interests formerly belonging to this association had been transferred to the Review and Herald Publishing Association of Washington, D. C., in pursuance of recommendations made at the General Conference in March, 1903, and the action taken by the stockholders of the old association at their meeting in Battle Creek, in April, 1903. He stated that the final result was that the new association of Washington had come into possession of all the property and accounts of the old association. This statement was made in detail, and full opportunity was given for asking questions. Several members of the association availed themselves of this privilege, and their questions were answered by the president.

The report of the manager was then read, which was printed in the last issue of this paper. The treasurer, S. N. Curtiss, submitted his report, printed copies of which were distributed to the members of the association. From this report it appeared that after making proper allowances for loss and depreciation, the business still showed a small gain.

The auditor, R. H. Cadwalader, then read his report in which he stated that the books had been found in a satisfactory condition, and that the bank balances and cash on hand were found to be in accordance with the statement. He declared to the members of the association that he was justified in saying that the report of the treasurer presented the actual standing of the association. On motion, the reports of the treasurer and auditor were accepted.

The committee on nominations then made a report through its secretary, W. H. Thurston, recommending that G. B. Thompson, W. A. Colcord, D. W. Reavis, and I. H. Evans be elected as trustees for the two years next ensuing, to fill the places of the four trustees whose terms expired at this time. The recommendation was accepted, and these persons were duly elected.

The meeting then adjourned to Tuesday, May 23, 1905, at 2:30 P. M.

W. W. PRESCOTT, Chairman, W. B. WALTERS, Secretary.