ARTICLES OF AGREEMENT.
Minutes of a meeting of the members of the
“Kirtland Safety Society,”
held on the
2d day of January, 1837.
At a special meeting of the Kirtland Safety Society, two thirds of
the mem bers being present, was
call ed to the Chair, and
cho sen Secretary.
The house was called to order, and the object of the meeting
explained by the chairman; which was:
1st. To annul the old constitution
which was adopted by the society, on
the 2d day of November, 1836: which
on motion, by the unanimous voice
of the meeting, annulled.
2nd. To adopt Articles of Agree ment, by which the Kirtland Safety
Society are to be governed.
After much discussion and investi gation, the following Preamble
and Ar ticles of Agreement were adopted, by the unanimous voice of the
We, the undersigned subscribers, for the promotion of our temporal
interests, and for the better management of our different occupations, which
consist in agriculture, mechanical arts, and mer chandising; do hereby form
ourselves into a firm or company for the before mentioned objects, by the
name of the “Kirtland Safety Society Anti-Banking Company,” and for the
proper man agement of said firm, we individually and jointly enter into, and
adopt, the following Articles of Agreement.
Art. 1st. The
stock of said society or firm shall not be less than four millions of
dollars; to be divided into shares of fifty dollars each; and may be
increased to any amount, at the discretion of the managers.
Art. 2d. The management of said company shall be under the
supernin tendence of thirty-two managers, to be chosen annually by, and from
among the members of the same; each mem ber being entitled to one vote for
each [p. 441]