THE S. D. A. PUBLISHING ASSOCIATION by George I. Butler; M. J. Chapman

Seventh-day Adventist Publishing Association · Battle Creek, Mich. · Tuesday, November 25, 1884

FromThe Advent Review and Sabbath Herald, Vol. 61, No. 47

THE S. D. A. PUBLISHING ASSOCIATION.

By George I. Butler; M. J. Chapman

TWENTY-FIFTH ANNUAL SESSION.

In pursuance of a call for the annual meeting of the S. D. A. Publishing Association, to convene in Battle Creek, Mich., Nov. 5, 1884, at 9 A. M., one hundred and ten stockholders assembled in the Tabernacle at the hour appointed, to transact the business of the twenty-fifth annual session.

The president, Eld. Geo. I. Butler, occupied the chair, and Eld. J. H. Waggoner offered prayer.

The names being taken, it was found that 480 shares were represented in person, and 1,463 by proxies.

A synopsis of last year’s proceedings was read and approved.

As the first regular business of the session, the Treasurer presented a detailed report, a synopsis of which, showing the present financial condition of the Association, is herewith presented:—

STATEMENT OF THE FINANCIAL CONDITION OF THE

S. D. A. PUBLISHING ASSOCIATION, NOV. 1, 1884.


Real estate,	$45,645.15
Personal property,	66,622.57
Bills receivable,	19,985.05
Sanitarium Knitting Co.,	8,103.08
Due from banks,	6,665.06
Cash on hand,	1,218.39
Material on hand,	30,102.49
Books, pamphlets, etc., on hand,	50,670.30
Balance due on personal accounts,	3,270.42
Bills payable,	$41,091.42
Stock notes,	15,397.35
Certificates,	22,105.14
Capital stock,	40,943.00
Donations and legacies,	13,577.62
Surplus,	78,722.00
Net gain,	12,196.48
General Conference,	4,005.16
Michigan “	4,244.34
	$232,282.51 $232,282.51

RECAPITULATION.


Capital stock,	$40,943.00
Donations,	13,577.62
Surplus and gain,	90,918.48
Present worth,	$145,439.10
Worth Nov. 1, 1883,	129,677.55
Increase,	$15,761.55
Received on shares and donations,	3,565.07
Net gain from business during the year,	$12,196.48

A. R. HENRY, Treasurer.

The auditor certified to the correctness of the accounts; and the reports of the treasurer and auditor were accepted.

On motion of W. C. White, the Chair appointed the following committees: On Nominations, J. Fargo, R. M. Kilgore, E. W. Farnsworth; on Resolutions, J. H. Waggoner, U. Smith, S. H. Lane.

Adjourned to call of the Chair.

SECOND MEETING, Nov. 13, AT 9 A. M.—Prayer by Eld. S. N. Haskell. Minutes of previous meeting read and approved. The Committee on Nominations made the following recommendations as their report: For President, Eld. Geo. I. Butler; Vice-president, A. R. Henry; Secretary, Russell Hart; Treasurer, W. C. Sisley; Auditor, G. W. Amadon; Publishing Committee, Geo. I. Butler, U. Smith, J. H. Kellogg.

Ballots being circulated for a formal nomination, the recommendations of the committee were sustained by a large vote; and on motion, the persons named were declared unanimously elected to the positions respectively specified.

On motion, U. Smith was elected editor of the Review, with Geo. I. Butler and J. H. Waggoner corresponding editors; and Mrs. M. J. Chapman was elected editor of the Instructor, with Miss Winnie Loughborough, assistant editor.

The editorial management of the periodicals issued by this Association in foreign tongues was referred to the Board of Trustees.

The Association then adjourned to the call of the Chair.

GEO. I. BUTLER, Pres.

MRS. M. J. CHAPMAN, Sec.