"Your present Committee ha been forced to the conclusion that club has outlived its purpose, tthe position to-day is that we hav expensive club premises seldom used, and although [the actual annual losses have not been great, it is, in the opinion your Committee, useless to. continue fa club if but few of the members ever meet, and it would be unfair to Jaccept new members who would Join expecting to widen their circle of acquaintances only to find that they have paid their entrance fee in vain, "The reason for taking up this Jquestion now is that our landlords require these premises and have given lus. notice to vacate at the end of [this month, so your Committee felt this was the time to give members [the opportunity of deciding whether jor not they wish to carry on, "The Board of Directors the Union Club Proprietory Ca. are unanimously of the opinion that the club should not move to other pre-Imises but should dissolve forthwith, land they addressed_a loiter to your [Committee to that effect. Your Committee are also of the opinion that the Club should be dissolved and now propose a resolution to that effect."
Text read from the printed page and cleaned; old type leaves the occasional error.