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Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Sep 1, 1874

FromReview and Herald, Vol. 44, No. 11.

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Seventh-Day Adventist Publishing Association.

By James White; Virginia A. Merriam

FIFTEENTH ANNUAL MEETING.

According to notice given in the REVIEW the fifteenth annual meeting of the Seventh-day Adventist Publishing Association was held at Battle Creek, Mich., on the 11th day of August, 1874, 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 one hundred and twenty-four stockholders present, representing three hundred and twenty-nine votes.
It was moved by Geo. I. Butler 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 persons were appointed as said committee: Geo. I. Butler, S. N. Haskell, and J. N. Andrews.
On motion of Geo. I. Butler, adjourned to the call of the President.

SECOND SESSION.

Meeting called by the President, August 13, at 5 o’clock P. M. Prayer by Geo. I. Butler. Reading of the minutes of last annual meeting.
The following report of the financial workings of the Association was read and adopted:—
Report of the Fifteenth Annual Meeting of the Seventh-day Adventist Publishing Association for the year ending July 31, 1874.

THE TREASURER’S REPORT.

RECEIPTS.

Cash on hand Nov. 12, 1873, $16,366.55 Rec’d on REVIEW, $10,485.55 “ “ Youth’s Instructor, 1,323.86 “ “ True Missionary, 747.75 “ “ Accounts & Deposits, 51,557.66 “ “ Shares, 100.00 “ “ Donations & Legacies, 272.10 “ “ Job Work, 5,489.79 “ “ Sales, 13,530.28 “ “ Book Fund, 152.28 “ “ Educational Fund, 18,614.45 “ “ Mich. Conference, 4,031.29 “ “ Gen. Conference, 2,318.24 $108,623.25 Total, $124,989.80

EXPENDITURES.

Paid out on Acct’s & Deposits, $55,472.89 “ “ for Stock, 14,915.21 “ “ “ Real Estate, 2,710.00 “ “ “ Office Labor, 9,087.71 “ “ “ Wood & Incidentals, 3,714.56 “ “ “ Type & Fixtures, 1,671.63 “ “ “ Writing MSS., 2,332.03 “ “ “ Educational Fund, 24,338.85 “ “ “ Book Fund, 3,056.65 “ “ “ Mich. Conference, 1,679.73 “ “ “ Gen. Conference, 4,557.53 Cash on hand to balance, 1,453.01 Total, $124,989.80

INVENTORY.

Total value of the property of the Association, $101,748.84 The Association holds notes to the amount of, 2,413.66 Due on Book Account, 12,924.73 Cash on hand July 31, 1874, 1,453.01 Total, $118,539.64
The Association Owes as follows:— On Notes, $2,151.61 On Book Account, 28,898.80 Total, $31,050.41
Assets after all debts are paid, 87,489.23 Assets as given in last year’s report, 82,388.39 Increase during the year, $5,100.84
C. W. COMINGS, Treas.
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.
The nominating committee presented the following names for officers: President, James White; Vice-president, Harmon Lindsay; Secretary, A. M. Driscoll; Treasurer, E. B. Gaskill; Auditor, T. H. Lindsay; Publishing Committee, James White, Geo. I. Butler, and S. N. Haskell.
On motion, meeting adjourned to the call of the President.

THIRD SESSION.

Meeting called by the President, August 14, at 10:30 A. M. Prayer by J. N. Andrews.
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 Geo. I. Butler that James White, J. N. Andrews, and Uriah Smith be elected Editors of the ADVENT REVIEW AND HERALD OF THE SABBATH. Carried.
Moved, By S. N. Haskell that Virginia A. Merriam be elected Editress of the Youth’s Instructor. Carried.
Moved, By J. N. Andrews that the President receive at the rate of twelve dollars per week for his services. Carried.
Moved, By S. N. Haskell that the Secretary receive at the rate of seven dollars per week. Carried.
Moved, By J. N. Andrews that the resident Editor of the REVIEW receive at the rate of twelve dollars per week. Carried.
Moved, By S. N. Haskell that the Editress of the Youth’s Instructor receive six dollars per week for the time employed. Carried.
Moved, By J. N. Andrews that the Auditor receive at the rate of twelve dollars per week for his services in auditing. Carried.
The following resolution was then presented and adopted:—
Resolved, That we recommend the trustees of this Association to send Eld. Geo. I. Butler to the Pacific Coast for the purpose of conferring with the California Conference relative to the establishment of a branch office of publication on that coast.
On motion, meeting adjourned to the call of the President.
JAMES WHITE, Pres. V. A. MERRIAM, Sec.