Annual Meeting of the Seventh-Day Adventist Publishing Association.
According to resolution and previous notice, the second Annual Meeting of the Seventh-day Adventist Publishing Association was held in the town of Monterey, Allegan Co., Michigan, first-day, October 5, 1862, at 9 o'clock A. M. Present, all the officers of the Association. President in the chair. Meeting opened with prayer by Eld. John Byington. The roll was then called. Members present 102, representing 222 votes in their own names, and ten votes as proxy for others. Adjourned to meet again on second-day at 8 o'clock A. M. Association convened at the time and place of adjournment. All officers present. Vice President in the chair. Session opened with prayer by Eld. Isaac Sanborn of Wisconsin. The roll was again called. The next business in order being the Auditor's Report, Eld. J. N. Loughborough, Auditor, presented the following report: SECOND ANNUAL REPORT OF THE AUDITOR OF THE S. D. A. PUBLISHING ASSOCIATION.
This is to certify that I have examined the books of the Association, and find the accounts correctly kept, showing the following results: The estimated nett value of the Office property at the time of the last report, was $11505,42
Added in Completing Building, 1732,55
Received for Shares in Association, 4437,56
Donations to Association, 1462,35
Received on Review, 2949,41
“ “ Instructor, 294,53
“ “ Book Sales at the Office for Cash, and by Mail, 1064,51
Received on Book Account, 998,67
“ “ Custom Work, 545,97
“ Premium on Draft, 1,31
“ for Mich. Tent, 622,58
“ on Deposit, 4661,06158Due on Books, 1509,50
Received on Missionary Account, 1,25
Due from Custom Work, 51,78
Total, $31888,45 The Association has paid as follows:
For Work in the Office, 2608,98
“ Materials and Sundries, 3861,39
“ Completion of Building, 1732,55
On Borrowed Money, 8828,36
“ Mich. Tent, 645,34
“ Missionary Fund, 13,25
“ Interest on Notes, 44,43
Total, $17734,30 The Association has present liabilities as follows:
Outstanding Notes, $2148,78
Due to Missionary Board, 350,50
“ on Deposits, 1007,26
“ for Work in the Office, 45,79
“ “ Material and Sundries, 7,11
Total, $3559,44
J. N. LOUGHBOROUGH, Auditor. 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.,- Election of Officers.
- Election of Editors.
- Salaries of President, Editors, Secretary, and Treasurer.
- Compensation of Auditor.
- Time and Place of the next Meeting of the Association.
The business was then called up item by item, for discussion and action, by written resolution. The first business in order being the election of officers, Bro. J. N. Loughborough presented the following Resolution, which was adopted. Resolved, that all the officers of the Association be nominated by one balloting, and that we now proceed to that nomination. The Association then proceeded to the election of officers for the ensuing year. The following brethren were nominated and chosen: Eld. James White, President. Geo. W. Amadon, Vice President. Eld. J. N. Loughborough and William Hall, Committee on Publication. E. S. Walker, Secretary. Uriah Smith, Treasurer, and I. D. Van Horn, Auditor. The election of Editors for the Review and Herald and the Youth's Instructor being next in order, the following Resolution was submitted and adopted:
Resolved, that we nominate the Editors for the Review and Instructor at one balloting, and that we now proceed to that nomination. Elder James White was unanimously chosen Editor of the Review, and Geo. W. Amadon Editor of the Instructor. The fixing of the salaries of the President, Editors, Secretary, and Treasurer, being next called up, the following Resolution was offered and adopted:
Resolved, that the President, Editors, Secretary, and Treasurer, receive the same compensation for the coming year as they received for the present year. The compensation of Auditor being next in order, the following Resolution was read and adopted:
Resolved, that the Auditor receive for his services the present year, the sum of fifteen dollars. The last item of the general business of the Association being the fixing of the time and place of the next annual meeting, in accordance with the expressed wish of all the members present of the Church at Battle Creek, the following Resolution was submitted and adopted:
Resolved, that the next annual meeting of the Association be held at Battle Creek, Mich., on Friday, the second day of October, 1863, at 10 o'clock A. M. Adjourned, sine die.
JAMES WHITE, President.
E. S. WALKER, Secretary.