62 BOAKD OF AGRICULTURE. 



MEETING OF BOARD, FAIR GROUNDS, SEPTEMBER 15. 1905. 



The Indiana State Board of AgTiciiltnre met in its room in the 

 Administration Building on the fair grounds September 15, 1905, 

 at 9 o'clock a. m. Upon roll call all of the officers and members 

 answered to their names. 



On motion of Mr. Conger, seconded by Mr. Thompson, it was 

 voted that it was the sense of the Board that if there was sufficient 

 money on hand after the settlement of all premiums and the ex- 

 penses of the Board were paid, that the note of Mrs. Theresa H. 

 Smith, due October 1st, be paid. 



On motion of Mr. Wallace, seconded by Mr. Thompson, the 

 Board ordered that no bonds be issued for any purpose at least until 

 the January meeting. 



Mr. Conger ofPered the follomng resolution : 



Whereas, The receipts of the Indiana State Board of Asriculture from 

 all sources is not sufficient to pay off and discharge the premiums awarded 

 at the fair of 1905. and the expenses of the fair, to make certain needed 

 impi'ovements on said grounds, and to pay off and discharge the indebt- 

 edness due Theresa H. Smith on account of the purchase of part of the 

 fair grounds, amounting at this time to $17,004.58; and. 



Whereas, It is impossible to sell the bonds of the Board to advan- 

 tage at this time by reason of the fact that there remains a mortgage 

 upon part of said fair grounds, securing a note of $10,530.13. which is 

 not due until October 1, 1900, and which cannot be paid and satisfied 

 at this time; therefore, be it 



Resolved, That the President and Secretary of the Indiana State Board 

 of Agriculture be and they are hereby authorized and empowered to bor- 

 row a sufficient sum of money to pay off and discharge the amount now 

 due Thei'esa H. Smith for the purchase of said fair grounds and to make 

 certain needed improvements on said grounds. And said President and 

 Secretary are authorized to execute notes evidencing said debt and to 

 secure the sum so borrowed and do all things else necessary to carry out 

 the purpose and intent of this resolution. 



"Which was seconded by Mr. Thompson, and upon being put *"<> 

 a vote was unanimously adopted. . 



