At the second meeting of the stockholders for the Co-operative Society held recently new by-laws were drafted. One important change in the administration of the Society is the creation of the office of treasurer. Under the new organization, the treasurer will have general direction over the operations of the business. Mr. William M. McInnes, the assistant bursar, has consented to serve as treasurer, if his nomination is confirmed. The salary of the office has been fixed by the stockholders at five hundred dollars. As a result of this change in the management of the Society the functions of the president will be those merely of executive head. The salary therefore of the president has been reduced to three hundred dollars. Professor Johnson has allowed his name to be used for re-election.
Read more in News
President Eliot to Speak in Boston
