Minutes of the Annual Stockholders' Meeting,
Lynchburg Glass Corporation
January 25, 1924
These minutes were scanned, converted to text, and edited by Dennis Bratcher from original copies now in the Jones Memorial Library in Lynchburg, Virginia. The original minutes were typewritten. The text versions were converted to a screen font for ease of reading. As a result the exact formatting of the original has not been preserved. A scan of the original is below (parts of the scan are distorted.
ANNUAL STOCKHOLDERS MEETING
Jan. 25, 1924
The Annual Stockholders Meeting of the Lynchburg Glass Corporation was held in the office of the Plant, January 25, 1924 at 11 A.M. with the following present:
C. L. Snidow
Y. P. Marshall
J. D. Owen
R. T. Watts, Jr.
N. D. Eller
W. H. Loyd
D. H. Dillard
J. William Gayner
W. J. D. Bell
First National Bank (E. P. Miller)
Peoples National Bank (Jno. Victor)
On motion duly seconded and unanimously approved, W. J. D. Bell was elected chairman of the meeting and W. H. Loyd was elected Secretary.
The Chairman appointed J. D. Owen and C. L. Snidow as a Committee on Proxies. The Committee's report showed that one thousand one hundred and twenty shares were represented in person; this being a sufficient quorum, the Chair announced the meeting in order.
As this as the first Annual meeting, there were no minutes to be read.
The President’s Report was read.
The Vice-President and General Manager submitted his report.
The Treasurer made his report and submitted a Financial Statement of the Companies books at the close of business, December 31, 1923.
On motion of E. P. Miller seconded by John Victor and unanimously approved, the officers reports were accepted as read and ordered filed.
On motion duly seconded and unanimously carried the present Directors as follows: N. D. Eller, W. H. Loyd, J. William Gayner, C. M. Guggenheimer, C. L. Snidow, John Victor, J. D. Owen, R. [C]. Watts, and D. H. Dillard were elected to serve on the Board for the ensuing year.
The Chairman called for any questions or criticisms which those present might have and the affairs of the Company were fully discussed.
Mr. Bell made the suggestion that in handling finished stock the practical installation of automatic machinery and other labor saving devices should be considered, thus cutting down expenses by eliminating some of the handling of the ware. He also recommended that the selling organization be perfected to the highest point of efficiency possible in order not to accumulate so much finished stock.
There being no further business the meeting adjourned.
___[signed: W H Loyd]____Secretary