Assignment of Stock by Editor

Review and Herald Publishing Association · Washington, D. C. · Nov 19, 1903

Assignment of Stock

By Editor

IT is well known to the readers of the REVIEW that our work is being opened up in Washington. At the Seventh-day Adventist Publishing Association’s stockholders’ meeting last spring, recommendations were passed favoring the closing out of the corporation’s business in Battle Creek, settling with all its creditors and shareholders, and turning the balance of the assets over to a new corporation created in the East.

A new corporation has been organized, under the statutes of the District of Columbia, located at Washington, D. C. It is a non-dividend paying and a non-stock company. It is now publishing THE REVIEW AND HERALD, The Youth’s Instructor, and The Sentinel of Christian Liberty.

An outfit of machinery has been installed, save printing presses, and the work is now assuming a businesslike proportion that is indeed encouraging.

Early next spring they expect to begin the building of a printing plant at Takoma Park. As soon as that is completed, they will move to that place, where it is hoped the work will be permanently located. It is desired to move the present facilities of the Review and Herald Publishing Company, of Battle Creek, to this plant as part equipment, and to assist in starting the work.

Before this can be done, we must settle with all our creditors, and with those stockholders who are unwilling to allow their interests to be transferred.

It is hoped that all our people will allow their stock to be transferred to the new association, so that it may be continued in the cause of God. We are very anxious to facilitate this transfer, that the assets of the old association may be conserved to assist in the new.

Our people generally seem willing to make this assignment of stock. Some have not done it yet. We earnestly request that any who are willing to do this and have not yet attended to it, will see that it is done at once.

On the back of your certificate of stock you will find some printed matter. Either sign your name at the bottom of the printed matter, and leave the rest blank, or put in the date, and write the name of I. H. Evans, Trustee, in the blank line for such purpose, and then sign your name, and send the certificate to I. H. Evans, Review and Herald, Battle Creek, Mich., and he will send you a trust bond, binding himself to transfer the same to the Washington enterprise as soon as all claims are settled. We wish all our people would give this matter their prompt attention.

All inquiries should be addressed to I. H. Evans, Review and Herald, Battle Creek, Mich.