He also said that if the company saw fit to accept this offer he would at once subscribe the one hundred dollars salary to its capital stock in addition to the sum already set opposite his name.
This proposition, being put to vote by the chairman, was unanimously accepted, and the amount opposite Mr.March's name on the subscription list was changed from one hundred dollars to two hundred dollars.
Then Mr.Elmer said that he wished to lay some propositions before the company.

One of them was that if they would accept the ferry franchise he had recently obtained, he would present it as a free gift.

He also wished to propose to Mr.March and Master Frank March that they should build the ferry-boat, for which he would furnish the material.

To the company he further proposed that if Mr.Frank March would agree for the sum of one hundred dollars to run the ferry-boat for one year from the time it was launched, his name should at once be placed upon the subscription list, and he be credited with one share of stock.
All of these propositions having been accepted, the name of Frank March was added to the list, and the books were declared closed.
Mr.Elmer said that the next business in order was the election of officers, and he called for nominations.
Mrs.Elmer caused Mark to blush furiously by speaking of him in the most flattering terms as the originator of the scheme, and nominating him as president of the company.
The list of officers, as finally prepared and submitted to the meeting, was as follows: President Mark Elmer, Jun.
Vice-President and General Manager Mark Elmer, Sen.
Treasurer Ellen R.Elmer.
Secretary Ruth Elmer.
Superintendent of Mills Harold March.
Superintendent of Ferries Frank March.
And a Board of Directors, to consist of Jan Jansen, Esq., and the officers of the company ex-officio.
This ticket being voted upon as a whole and unanimously elected, Mr.
Elmer resigned his chair to the newly made President, who gravely asked if there was any further business before the meeting.
"Mr.President," said Mr.March, "I wish to move that the name 'Elmer Mill Company,' which we recently adopted, be changed so as to read 'Elmer Mill and Ferry Company.'" "All right," said the President; "you may move it." "I second the motion," said Mr.Elmer, laughing, "and call for the question." "Nobody's asked any," said Mark, looking rather bewildered.
"I mean, Mr.President, that I call upon you to lay the motion just made by our distinguished superintendent of mills, and seconded by myself, before the meeting, that they may take action upon it." "Oh," said Mark; and remembering how his father had done it, he put the motion very properly, announced that the yeas had it, and that the name of the company was accordingly changed.
Then the President made an address, in which he said that, after a most careful examination into the affairs of the Elmer Mill and Ferry Company, he was able to report most favorably as to its present condition.

He found that they owned valuable mill buildings and machinery, and had contracted for a first-class ferry-boat, which was to be built immediately, and which had been paid for in advance.