SECOND ANNUAL MEETING OF THE HEALTH REFORM INSTITUTE by John Norton Loughborough; E. S. Walker

The Seventh-day Adventist Publishing Association · Battle Creek, Mich. · May 26, 1868

SECOND ANNUAL MEETING OF THE HEALTH REFORM INSTITUTE.

By John Norton Loughborough; E. S. Walker

Pursuant to notice through the Review, the stockholders of the Health Reform Institute met in Battle Creek, Mich., Friday, May 15, 1868, at 9 o'clock, A. M. Meeting opened with prayer by Eld. J. N. Andrews. The roll was then called. There were 70 shareholders present, representing 373 shares in their own names, and 465 shares as proxy for others—in all there were 838 shares represented, being a majority of the stock taken in the Institute. Dr. Wm. Russell, Auditor, submitted the following report of the workings of the Institute for the last year, which was read and approved.

AUDITOR'S REPORT.

Report of Receipts and Disbursements for the year ending May 1, 1868.

CASH	Dr.
To Amt. on Hand, May 1, 1867, $	20 86
“ Receipts on Stock Acct.,	13,625 03
“ Received from Patients,	12,534 62
“ “ on Sales,	1,327 21
“ “ “ The Reformer,	1,503 14
“ “ “ Charitable Fund,	1,911 75
“ “ “ Account,	11,639 41
	$42,562 02

	Cr.
By Materials & Labor on Stock,	$11,863 74
“ Furniture and out-door Implements,	1,137 32
“ Paid for Provisions,	3,339 21
“ Incidental Expenses,	5,961 65
“ Paid Physicians & Helpers,	4,863 35
“ “ on Patients' Deposits,	1,163 47
“ “ “ Accounts,	13,554 00
“ “ “ out of Charitable Fund,	614 12
“ Cash on Hand, May 1, 1868,	65 16
	$42,562 02

THE INSTITUTE OWNS


On Accts. and outstanding Notes,	$9,067 28
“ Publishing Association,	2,881 96
“ Charitable Fund,	1,297 63
	$13,246 87

DUE THE INSTITUTE


On unpaid Earnings for the year,	$1,235 97
“ other Accounts,	289 39
“ unpaid Pledges,	5,618 88
	$7,144 24

EXPENSE ACCOUNT.

	Cr.
By Rec'd of Patients,	$12,534 62
Less Amt. pd. on Dep.,	$1,163 47
“ “ due to date,	123 94
	$1,287 41
Leaving realized from Patients,	$11,247 21
By Rec'd on The Reformer,	1,503 14
“ “ “ Sales,	1,327 21
“ Invoice of Provisions & Sundries,	814 72
“ unpaid Earnings,	1,257 12
	$16,149 40

	Dr.
To Invoice of May 1, 1867,	$855 90
“ Paid for Provisions,	3,339 21
“ Wood, Printing, & Incidentals,	5,961 65
“ Paid Help,	4,863 35
“ Amt. due Helpers to date,	115 40
	$15,135 51
Leaving for Profits, which consists in unpaid Accounts,	$1,013 89

STOCK ACCOUNT.


Paid for Labor and Materials on new Building,	$6,566 37
Payments on Premises,	2,221 41
Furniture and Implements,	1,137 32
Labor and Materials on Water-works and Buildings,	1,944 64
	$11,863 74
Receipts during the year,	$13,625 03

I hereby certify that I have examined the several accounts, and find them correctly kept, according to my judgment and belief. Wm. RUSSELL, Auditor.

Article X of By-Laws, on conducting meetings, was amended as follows, viz.: By striking out of Sec. 4, all after the word “action.” In Sec. 5, the word “written;” and all of Sec. 6. Also Sec. 1 of Article II.

The regular business of the meeting being the election of Directors, the following brethren were elected, viz.: J. N. Andrews, J. N. Loughborough, Uriah Smith, James White, J. M. Aldrich, G. W. Amadon, and E. S. Walker.

It was voted to adopt the plan of disposing of our dividends, for all coming time as far as practicable, to the Directors of the Institute, for its charitable uses and purposes. The matter of the transfer and re-arrangement was left with the Directors.

It was resolved to sanction the following resolution of the General Conference with reference to Bro. Kellogg's labors:

Resolved, That it is the sense of this Conference that Bro. M. G. Kellogg, M. D., should labor in that department of the great work of preparation for the coming of the Son of man, by the counsel of the General Conference Committee.

Adjourned subject to the call of the Directors.

J. N. LOUGHBOROUGH, President, E. S. WALKER, Secretary.