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S. D. A. PUBLISHING ASSOCIATION

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

FromReview and Herald, Vol. 31, No. 23.

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S. D. A. PUBLISHING ASSOCIATION.

By J. M. Aldrich; E. S. Walker

Its Eighth Annual Meeting.

PURSUANT to notice given in the Review, the eighth annual meeting of the Seventh-day Adventist Publishing Association was held in Battle Creek, Mich., May 14, 1868. President in the Chair. Meeting opened with prayer by Eld. J. N. Loughborough. The roll was then called. Members present, 48, representing 147 shares. Minutes of last meeting read and approved. The Treasurer's Report being in order, the following report, with the Auditor's certificate attached, was read and approved:

TREASURER'S REPORT

Of the Seventh-day Adventist Publishing Association, for the year ending May 1, 1868.
Cash on hand May 1, 1867, $1,639 90 Received on Review and Herald, $6,684 25 " " Youth's Instructor, 697 44 " " Office sales, 6,152 00 " " Accts. and deposits, 40,720 22 " " Donations, 1,770 79 " " Shares, 210 00 " " Job work, 3,175 66 " " Real estate, 25 00 " " Rent, 52 00 " " Mich. Conf. Fund, 4,361 16 " " Gen. Conf. Fund, 3,444 50 --------------------------------------------$67,292 02 $68,931 92
PAID OUT. On Deposit, $36,787 95 " Paper, Books, &c., 10,174 74 " Office Labor, 8,440 36 " Material and Office Fixtures, 1,755 14 " Wood and Incidentals, 1,087 02 " Real Estate, 1,681 10 " Mich. Conf. Fund, 5,036 27 " Gen. Conf. Fund, 3,217 07 --------------------------------------------$68,179 65 -------------------- $752 27 Cash on hand to balance, May 1, 1868, 752 27

INVENTORY.

Total value of the property and accts. of the Association as per inventory, $47,794 08 Cash on hand, May 1, 1868, 752 27 --------------------------------------------$48,546 35
Association owes as follows: On Notes, $1,425 00 " Book Account, 7,485 62 " Mich. Conf. Fund, 2,758 79 " Gen. Conf. Fund, 880 35 --------------------------------------------$12,549 76 Assets after all debts are paid, $35,996 59 Assets as given in last report, May 1, 1867, 32,668 61 --------------------------------------------$3,327 98 Increase during the year,

AUDITOR'S CERTIFICATE.

I hereby certify that I have carefully examined the books and accounts of the S. D. A. Publishing Association, and find them correctly kept; and that the above report of the Treasurer shows a correct statement of the financial condition of the Association according to my best information and belief. Given this 14th day of May, A. D. 1868. I. D. VAN HORN, Auditor pro tem.
The general business of the Association was then introduced by the Secretary, in a written statement of the business to come before the meeting, viz.: 1. Election of Officers.
  1. Election of Editors.
  2. Salaries of President, Editors, Secretary and Treasurer.
  3. Compensation of Auditor.
Business was then called up for discussion and action.
On motion of Uriah Smith, the Articles of Association were amended as follows, viz.: By striking out Sections 6 and 7 of Article VIII, and in Sec. 5, of the same article, by striking out all after the word "action" in the the third line.
On motion of J. N. Loughborough, it was Resolved, That we nominate all the officers at one balloting.
The following persons were then duly nominated and elected to fill the offices of the Association for the ensuing year, viz.: President, J. M. Aldrich, Vice President, G. W. Amadon, Secretary, E. S. Walker, Treasurer, U. Smith, Auditor, I. D. Van Horn, Committee on Publication, J. M. Aldrich, J. N. Andrews, and James White.
On motion of J. H. Waggoner, Resolved, That Uriah Smith be elected Editor of the Review. Carried.
Adjourned to 2 o'clock P. M.

AFTERNOON SESSION.

Met according to adjournment. Prayer by Bro. L. L. Howard, of Maine.
On motion of J. H. Waggoner, Resolved, That G. W. Amadon be elected Editor of Instructor. Carried.
On motion, it was resolved that the President, Editor, and Secretary, receive $15.00 per week for their services. Carried.
It was voted to pay the Auditor $15.00 per week for his services in auditing the accounts of the Association.
On motion of J. H. Waggoner, Resolved, That we publish a revised edition of the Articles of Association and By-Laws of our Association, including the Act of Incorporation, for the benefit of shareholders. Carried.
On motion of J. N. Andrews, it was Resolved, That we recommend to the Trustees of this Association to fix the prices of our tracts designed for gratuitous circulation at the lowest living rates. Carried.
On motion of James White, it was Resolved, That in the opinion of this meeting, the trustees should earnestly appeal to our people to donate liberally to the Book and Tract Fund. Carried.
The matter of purchasing a new engine for the use of the Association was discussed, and referred to the Trustees.
Adjourned to the call of the Trustees. J. M. ALDRICH, President, E. S. WALKER, Secretary.