Ninth Annual Meeting of the Health Reform Institute

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Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Sep 9, 1875

FromReview and Herald, Vol. 46, No. 10.

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Ninth Annual Meeting of the Health Reform Institute.

The stockholders of the Health Reform Institute met, according to appointment, upon the camp-ground of the Seventh-day Adventists, Aug. 13, 1875, at 9 A.M.
After the opening of the meeting with prayer by Eld. S. N. Haskell, the roll was called to ascertain the number of voters present. It was found that a majority of the stock was represented by the holders of stock and proxy certificates.
The following report was then presented by the auditor:—

AUDITOR'S REPORT,

Showing the financial workings of the Institute for the year commencing, Aug. 1, 1874, and ending Aug. 5, 1875.

RECEIVED.

From Patients, $12,484.01
On Incidental Sales, 1605.14
On Shares, 75.00
On Donations, 270.00
On Accounts, 378.11
Due from Patients on acc't., 3941.94
Due on Notes of this Year, 643.94
Due on out standing acc't., 659.69
Total, $20,057.83

EXPENDITURES.

Invoice of Aug. 1874, $2806.00
For Labor Indoors, 4403.96
For Labor Outside, 614.62
Stock Refunded, 1382.00
Provisions, Furniture, Wood and Incidentals, 7903.04
For Stock, 3500.00
Due Help, 958.89
Due on Patients' Deposits, 693.18
Ten per cent interest on $7456.75 worth of furniture for wear, 745.67
For Instruments and Books, 143.00
Total, $23,149.86
Making, less invoice of Provisions, $517.00
Of Wood, 928.00
Of Books and Syringes, 50.00
$1490.00
Total, $21,659.86
Leaving excess of Expenditures, $1602.03
Cash on hand, 642.01

EXHIBIT OF INCREASE DURING YEAR.

Received from Patients, $12,484.01
Due from Patients on acc't., 4585.98
Accounts Due on Book, 1037.80
Received on Sales, 1805.14
Paid on Labor of last Year, 513.41
$20,286.34
Expenditures for Labor, 5013.58
For Wood, Provisions, &c., 7903.04
Due Help, 958.39
Bal. of Invoice last year over this, 1316.00
$15,196.01
$5040.33
I hereby certify that I have examined the Business Records of the Health Reform Institute for the past year and find that they have been faithfully kept, and that the above is a correct exhibit of Receipts, Expenditures, and increase of the past year. S. BROWNSBERGER, Auditor.
On motion, the above report was accepted.
On motion, the Chair was empowered to appoint a Nominating Committee. The persons appointed were E. H. Root, J. Fargo, and J. F. Carman.
Adjourned to call of the Chair.

SECOND SESSION.

Pursuant to call of the chairman, the stockholders met again, Aug. 13, at 5 P. M. Meeting opened with prayer by Eld. S. N. Haskell.
The report of the Committee on Nominations being called for, they recommended the following persons, by their report, as candidates for the Board of Directors for the ensuing year: U. Smith, S. Brownsberger, B. Salisbury, W. K. Loughborough, E. R. Jones, W. C. Sisley, and J. H. Kellogg.
The balloting for nominations resulted in the unanimous nomination of the above-named persons, who were then unanimously elected by acclamation.
The meeting then adjourned sine die.
JAMES WHITE, Pres.
J. H. KELLOGG, Sec.