The Stockholders' Meeting
By The Courier
On August 3rd, the stockholders' meeting was
held. One of
the points that was discussed was the
problem of the
income from memberships going down.
Two solutions were brought up: 1) Lowering the price of membership and 2) Having half-season memberships.
Both were turned down. The first was, because it was thought that the number of new members wouldn't be enough to counter the amount of money that would be lost in the lowering of the price. The second
was turned down because it was thought that many people that are now buying full season memberships would switch to half a season. It was decided that the number of memberships may have gone down because of the rain in July, so it was resolved not to change the membership system for next year.
that was discussed was whether or not
a shareholder could vote for another shareholder to whom he was
related. It was
decided that he had to have written
the other shareholder.
The board of directors was elected at the nesting. All of last year's directors were re-elected. The present directors are
Mr. Wilbar H. Bolsterle
Mr. Walter Green
Mr. Herbert S. Heyer
Mr. Arnold Johnson
Mr. Leslie Gallt
The week before
the Stockholders' meeting, some
representatives from the Tabor Lake Corporation went to see Mr. Ben
lawyer whom we had dealt with before. They discussed whether