Word: membership
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Dates: during 1900-1909
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There is, unfortunately it must seem to every one who desires authoritative student control of the Society, temporarily a necessity for keeping artificially the number of members below the present maximum, and this might best be done probably by a slight increase in the cost of membership tickets. Such an increase would go to the clear profit of the Society; and strictly it seems no more than just if the incorporation brings all the financial improvements which are anticipated from it. But even the increase of less than a dollar, required immediately to reduce the membership by 988 would...
...safe position to begin business, it is necessary that its capital stock should be $40,000, the present net assets. Under our statutes it is not possible to make the shares less than $25, par; therefore, not more than 1600 shares can be provided for; and as the present membership is about 2600, that would leave about 1000 without any participation in the business whatever, -- no democracy in that result, it would seem. Under the plan adopted by the meeting of November 7, a provision is made for every present ticketholder and all future ticketholders...
...Society should be incorporated with a charter which embodies these following features: The number of shares originally authorized should be as large as the maximum probable ticket membership of the Society for any number of years to come. The par value of each share should be the price of a membership ticket at present, one dollar; or, if that be not feasible under the Massachusetts law, as one of the Committee's legal supporters has already tentatively objected, two dollars, which would be sufficient to remove any "small capital" difficulty. One share of stock should belong to each member...
...address on the "Consolidation of Political Power." All men who have been recently elected to the club may join by paying the initiation fee and yearly dues at this meeting. The meeting is open to members of the club only, but anyone wishing to have his name proposed for membership may do so by notifying the secretary, R. A. Derby, after the meeting...
Last spring the Board of Directors submitted to the Society a plan which provided for its incorporation, but which was defeated by a vote of 241 to 233. The total membership of the Society at the time was over 2,600 or a little over five times the number of votes cast in that election...