Word: reasonableness
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Dates: during 1900-1909
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...noticed at the outset that these are in no sense reasons for adopting the particular plan for incorporation submitted by the majority of the Directors. But let us examine how weighty they are. The Society is a partnership, the direct management of the affairs of which is placed in the hands of a Board of Directors, chosen from the Faculty and students by the members of the Society. As such it has become a strong business institution, possessing a large capital, doing a cash business of the most stable character, and enjoying the unlimited confidence of the business men with...
...come to him for a lease had evidently not informed him that there was at that time an organization running under a fixed constitution; and he seemed surprised to learn of the existence of a constitution. Since this hypothetical undesirability of the Society as a tenant was the only reason advanced to show that "the disadvantages of the present system are not merely matters of theory," we must ask for other reasons before we throw over an organization which is a desirable tenant and which has proved a marked success. C. H. AYRES...
...convenience of the Society to its members. We all know that the service in the store has not been entirely satisfactory. It is hard to see how it can ever be under the present system; for the Superintendent cannot promise a competent clerk fair wages and a prospect of reasonable increase with any certainty that his action will not be upset by a change in the Directorate. Interference by the Directors in such matters, where the responsibility should be borne by the Superintendent, has been a potent cause in the recent past of unintelligent and uninterested service in the store...
...plea for its adoption, in the form of a majority report. The majority refused to the minority its right to publish a minority report together with their own. This attempt on the part of the majority to check a full discussion of the proposed changes affords a strong reason why the Society should refuse to adopt their plan. Men who are not perfectly fair should not be given permanent and complete control of the Society. MEMBER OF THE SOCIETY...
What is the chief reason for this change? The change in the control is made incidental to incorporation. But it has not been shown that incorporation is necessary. Our Society under its present management has been strikingly successful. It is on a sound financial basis, and is committed to a very safe and conservative policy. Its permanent capital has reached the sum of $32,000, it does for the most part a cash business, has practically no debts, and is entitled to the best rating that Bradstreet or Dun give. The condition of affairs of the Society, being such ought...