Show association an As amal adu AEE ELECTED articles of agreement adap ted com ing in reat interest the promoters of the students association mat yesterday in president smokie office W H presided and B isgreen was elected temporary bec eec gitary articles Arli cles of arrement ae rement were presented by the committee appointed to draft articles of agreement and after an araen dment in the name of the aticy were adopted the i name of ane is student loan association of rutih th capital stock of the association i m 1 each TUB asao is to last for fifty yeara of the association in to loan money to students to aid them in attending school at the brigham young academy nd other places of education to hold real estate and take mort agea and other fuere ib a proviso that no dividends shall be paid after per capital stockham stoc khas been paid in dividends ane gains after buch time shall be retained by the association as a fund the business of the association will be conducted by a board of directors of fito members elected by the ers on the second saturday in may of each 5 ear the pi eident and vica president to be elected by the board from their own members the heard of directors will also appoint a secretary and a treasurer the principal place of business is provo city there ia the usual provision that the private property of is not liable for the debts of the corporation the following officers vere elected to act till the first r gular meeting jo be held in may 1892 benjamin cluff jr president D D houtz vice president J E booth E A wison and W H dusenberry directors J B keelar secretary and treasurer A effort was made to have dr K G maeser accept the position of president but he refused to ct mainly on the ground that abter jannary 1892 hie duties aa dant bt church school would call him away from brovo the part of ins tinaa william probert was also nominated and declined Tha members ai the committee OB of capital stock did not all report but it IB believed that about one thousand dollars hav already been aub |