Show THE ASHLEY UPPER so much discord among of 01 ficiala 1 I lint stockholders will consider question of resignation the offices officers ceis a of the iho upper irrigation company have virtually been asked to resia remigi and the matter of their resign I 1 te e con considered oddred ata at a meeting of the tock holders tobe to be called by bf the pres president idelt as aa per instructions iven at the stockholders meeting held inthe in the court h use last bonx monday george tf made A the motion and ahil it did not e exactly a atly call for the resignation of the officers it biml implied lied the same thing thier new officers will ill be elected at that time time mr in speaking upon the motion declared that the present caf if ua not lot act in harmony that they are continually quarreling and bickering and that the affairs of the company are not conducted as they should be on that account the special meeting of the stockholders held on monday was called for saturday but was postponed on account of the conference the object of the meeting was waa to hear the report of the auditing committee appointed some time ago to audit the I 1 looks and the finances of the company the report of the committee which was shed at the time was adopted after certain verbal recommendations were made and passed upon the report said that the books of the company had been kept in a loose and like manner and that 69 59 had been collected which had not been properly accounted for of this amount the secretary heber timothy was accountable for and the treasurer william gillman was accountable for 63 the committee did not at any time say the men were short or that they had wrongfully used any of the funds of the company but that the books should be straightened up they thought that any apparent discrepancies could be made clear by proper efforts and suggested that the two officials and the directors get together and unravel the tangle it appeared that certain vouchers had been lost and that due credits should be given at the time the report was made the ex press published it but the verbal recommendations of the committee were not published from the fact the express knew nothing of them it now appears that the only difficulty was the system of bookkeeping book keeping and the money has all been accounted for as will be observed by the figures which ure are published below at the meeting on monday the stoLk stockholders holders authorized the directors to meet with the auditing committee and the secretary and treasurer and bring light out of chaos monday afternoon this meeting was waa held and the results we are y plad lad to say wele most moat satisfactory all the money that the two men were held accountable for was accounted for the treasurer surer was waa entitled to the following credits for money which he paid out paid timothy ashley lumber company john hair flair 6 D it hillman 35 95 bert mcconky 18 60 green 6 making a total of and leaving a balance due of that balance was in the treasury instead of having to pay timothy paid over just 12 and his credits were as follows salary 20 amount paid caldwell for which no vouchers were issued delinquents which he paid 13 60 50 error on oil voucher 10 leaving a balance of while the report of the committee does not show it there was some deal on between gillman and timothy whereby gillman was waa to stand good for and this amount deducted from the 43 81 leaves a net balance of 12 due from timothy to the company and that amount has been settled the special meeting of the stock holders did not consides consi dei the question of the assessment levy but left it to the directors the arditi aud iti committee esq retained and was authorized to audit the stock books of the company and tu to report at the next meeting it appears that there has been an over issue of stock block to the amount of about she sax shares |