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We have passed through a year of struggle, anxiety
& prayer, but, at the same time, one of comparative success. . . . I would call your attention to the building, there are some leaks in the roof, the remedy is to give it a thick coat of cheap paint. There has been no money spent this year in the improvement of the ground. The difficulties that have prevented this, are as follows:
Allow me to suggest to the Board that in future the offices of financial agent, President & Treasurer, be not conferred on the same man. . . .
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Indenture agreement with Hanover Bank, dated 19 March 1881, for the issue and sale of a series of twenty-four mortgage bonds. In his June 1881 report as financial agent, Boude recounted his efforts to sell locally the bonds ordered at the last annual meeting, reporting that he "met with only discouragement and intimations of derangement." He met with more success in New York due to the influence of Rev. W. L. Baker, a relative of Daniel Baker. Acknowledging the dissatisfaction among some board members with his performance, he tendered his resignation. | |||
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