Seventh-day Adventist Publishing Association by James White; A. P. Van Horn

Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Nov 25, 1873

Seventh-day Adventist Publishing Association.

By James White; A. P. Van Horn

FOURTEENTH ANNUAL MEETING.

According to notice given in the REVIEW, the fourteenth annual meeting of the Seventh-day Adventist Publishing Association was held at Battle Creek, Mich., on the 17th day of November, 1873, at nine o’clock A. M. The President, Eld. James White, called the meeting to order, and offered the opening prayer. The calling of the roll showed fifty-three stockholders present, representing two hundred and seven votes.

The meeting thus organized,

On motion, adjourned to the call of the President.

SECOND SESSION.

Meeting called by the President, Nov. 17, at three o’clock P. M. Prayer by the President.

The following report of the financial workings of the Association was read and approved:—

Report to the Fourteenth Annual Meeting of the Seventh-day Adventist Publishing Association for the year ending Nov. 12, 1873.

Cash on hand March 3, 1873, $14,826.78 Received on Review, $7,844.33 “ Youth’s Instructor, 1,442.23 “ Accounts and Deposits, 43,191.05 “ Shares, 490.00 “ Donations and Legacies, 658.50 “ Job Work, 3,592.84 “ Sales, 10,578.40 “ Book Fund, 222.98 “ Educational Fund, 7,390.50 “ Mich. Conf. “ 4,438.69 “ Gen. “ 4,663.00 $84,512.52 Total, $99,339.30

EXPENDITURES.

Paid out on Acc’ts & Deposits, $40,612.53 “ “ for Stock, 9,476.88 “ “ “ Real Estate, 9,493.77 “ “ “ Office Labor, 8,804.81 “ “ “ Wood & Incidentals, 2,464.14 “ “ “ Type & Office Fixtures, 621.60 “ “ “ Writing MSS., 422.06 “ “ “ On Educational Fund, 242.01 “ “ “ Book, 1,261.26 “ “ “ Mich. Conf., “ 4,698.81 “ “ “ Gen. Conf., “ 4,879.88 Cash on hand to balance, 16,366.55 Total, $99,339.30

INVENTORY.

Total value of the Property of the Association, $88,160.25 Association holds Notes to the amount of, 2,505.32 Due on Book Account, 12,675.39 Cash on hand Nov. 12, 1873, 16,366.55 Total, $119,707.51

The Association owes as follows: On Notes, $2,402.00 “ Book Account, 34,917.12 Total, $37,319.12

Assets after all debts are paid, $82,388.39 Assets as given in last report, 68,201.49 Increase during the year, $14,186.90

C. W. Comings, Treasurer.

I hereby certify that I have carefully examined the books and accounts of the S. D. A. P. 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.

M. S. Merriam, Auditor.

It was moved by a written motion by J. N. Andrews that a committee of three be appointed by the President to present an informal nomination of officers to be balloted for by the Association. Carried.

The following brethren were appointed as said committee: J. N. Andrews, J. H. Waggoner, I. D. Van Horn.

After consultation, this committee presented the following names for officers: President, James White; Vice-President, Harmon Lindsay; Secretary, M. S. Merriam; Treasurer, C. W. Comings; Auditor, Miss A. M. Driscall; Publishing Committee, James White, Geo. I. Butler, S. N. Haskell.

The stockholders then proceeded to a formal nomination by ballot, which resulted in the full nomination of the officers presented by the committee in the order given above.

By ballot, the stockholders elected by a unanimous vote the officers nominated.

Moved, By J. H. Waggoner, that Eld. James White be elected Editor of the ADVENT REVIEW AND HERALD OF THE SABBATH. Carried.

Moved, By J. H. Waggoner, that Virginia A. Merriam be elected Editress of the Youth’s Instructor. Carried.

On motion, meeting adjourned to the call of the President.

James White, Pres. A. P. Van Horn, Sec.