Democratic Sentinel, Volume 2, Number 50, Rensselaer, Jasper County, 24 January 1879 — Reorganization of the Jasper County Agricult oral Society. [ARTICLE]

Reorganization of the Jasper County Agricult oral Society.

On last Saturday afternoon an adjourned or supplemental meeting of persons interested in maintaining a county agricultural society whose annual fairs shall be held on the grounds at Rensselaer, was held at the court house. The meeting was called to order by Judge E. P. Hammond, upon whose motion Hon. Wm. K. Parkison was elected chairman, and Horace E. James secretary. It was announced that the indebtedness of the Jasper County Agricultural and Mechanical Association was about $2,200; that its assets consist of 20 acres of land, improved for a fair ground, valued al SI,OOO or $1,200; that extensive repairs would be necessary before another fair was held; that the annual receipts of the society since its organization, seven years ago, has averaged enough, taking one year with another, to pay the piemiums offered and current expenses incurred in bolding the fairsFor the purpose of clearing the society of ita indebtedness and placing the local fairs upon a safe and permanent basis it had been proposed to reorganize the society in the manner indicated in the following constitution and articles of

CONSTITUTION AND ARTICLES OF ASSOCIATION OF THE JASPER COUNTY AGRICULTURAL SOCIETY. Article I. This association shall be known as the “Jasper County Agricultural Society,” and its objects shall be the improvement of agriculture and the promotion and encouragement of the mechanical arts in Jasper county, Indiana. Article 11. The capital stock of this society shall be twenty-five hundred dollars ($2,500), divided into one hundred (100) shares of twenty-five dollars ($25) each. The capital stock may he increased at any time by the board of directors. Article HI- A board of directors consisting of not less than twelve (12) members shall be elected annually on the third Saturday of January each year, who shall hold their offices until their successors are elected. A quorum of the board of directors shall consist of not less than seven members. The board of directors may ajopt by-laws for the society. It may fill any vacancy occurring by reason of the death, resignation or removal from the countv of any director or • the officer of the society. The board of directors shall immediately after their election, elect from among their own number one president, one vice president, one general superentendent of the fair, one chief marshal, one secretary, and one treasurer, who shall hold their offices for one year, and until their successors are elected. Such officers shall perform the duties usually pertaining to such offices, and all such duties as the board of directors by their by-laws and orders may from lime to time assign them. Article IV. This constitution and these articles of association may be altered or amended by a majority vote of the bo .rd of directors at any regular meeting thereof, or at any special meeting of the boa- d of directors called for that purpose- _

Article V. The seal of this society shall be a stamp containing the words ‘‘JasperCounty Agricultural Society.” Article VL Each share of stock shall entitle the holder thereof to two tickets admitting the persons named in the tickets to the fair during its continuance each year. PLEDGE OF SUBSCRIPTION. We, the undersigned citizens of Jusper county, Indiana, do hereby subscribe our names to the foregoing constitution and articles of association of the Jasper County Agricultural Society, and take the number of shares of the capital stock of said society that are set opposite our respective names; and for each of the shares of stock so taken by us we agree to pay to Charles C. Starr, on or before the 18th day of January, 1879, for the use and benefit of said society, the sum of twenty-five dollars in money or in lawful claims against the Jasper County Agricultural and Mechanical Association. It is understood that each subscriber hereto binds himself only for the payment of the number of shares of stock taken by himself. Ou the full payment as aforesaid of the number of shares of stock subscribed for, and on the election of a president and secretary for this society, certificates of stock are to be issued to the members paying for such shares of stock. It was reported by the committee having charge of the matter that in the neighborhood of forty share* of stock bad been subscribed and pledged. As the result of discuss ion it was thought to be advisable to make a temporary or provisional organization by the election of a board of directors to have charge of the interests and business of the reorganized society. Preceding the selection of this board Judge Hammond offered the following resolution, which was adopted by the meeting of stock subscribers: Resolved, That neither the board of directors this day to be elected nor their successors in office shall incur any debt whatever against this society until the one hundred shares of capital stock provided for in our articles of association shall have been subscribed. On motion proceeded to the election of a board of directors, which resulted in the choice of the follow ing named persons, to wit: Win. K. Parkison, A. Parkison, James Welsh, Horace E. James, Ira W. Yeoman, David H. Yeoman, Willis J. lines, Moses B. Alter, Henry A. Barkley, Fleming Phillips, Marion L. Spitler and Allen J. Yeoman. Adjourned.

DIRECTORS MEETING. The board of directors elected Ira W. Yeoman chairman and Horace E. James secretary of their meeting. Proceeded to elect offi cers, which resulted as follows: President.—Wm. K. Parkison. Vice President—M. L. Spitler. General Superintendent.—David H. Yeoman. Chief Marshal.—James Welsh. Secretary.—Horace E. James. Treasurer. —Willis J. Imes. Ordered, That the time for the payment of subscriptions to the capital stock of this society be extended until the Ist day of June, 1879, ami that a further extension of time may then be given to any subscriber by his executing his note for the amount of his subscription, payable to this organization on January Ist, 1880, witli ten per cent, interest after June Ist. 1879, waiving benefit of appraisement laws. Ordered, That upon failure to procure subscriptions for one hundred shares of the capital stock of this society on tiie Ist day of January, 1880, no collection shall be made for any of the capita] slock, and if any of the same shall be paid the amount so paid shall be refunded to the persons paying the same. A committee of stock subscribers consisting ot David H. Yeoman, A* Parkison, George 11. Brown, Fleming Phillips, James Welsh, Allen J. Yeoman, Ira W. Yeoman, Marion L. Spitler, Moses B. Alter and C. C. Starr, was appointed to solicit other subscriptions, and MessrsJohn J. Porter, John Waymire, C. J. Brown, Fritz Zard, S R. Nicholls, M. P. Comer, Lucius Strong and Wm. S. Coen were, by unani mous resolution, invited to assist said committee in its duty. Board of directors adjourned to meet in Rensselaer on Saturday, April sth, 1879.