Article

THE DARTMOUTH INCORPORATES

Article
THE DARTMOUTH INCORPORATES

Founded in 1839, "the oldest college newspaper in America", The Dartmouth now deserves the further distinction of being incorporated. During the summer the new management of the paper busied themselves looking up Maine laws and on September 6 secured a charter for "The Dartmouth, Incorporated". The capitalization is at $1,000, of which $500 is preferred and $50 common stock. The common stock alone has voting power. Each member of the board holds stock, although the direction of the corporation is vested in a board of directors, which consists of the management of The Dartmouth; viz.: J. T. Marriner, editor-in-chief; E. T. Papson, managing editor; and W. P. Ross, business manager. These three directors serve as president, vice-president, and treasurer of the corporation respectively.

The makeup of the paper is un changed. The real improvement hoped for under the new form is greater efficiency in internal organization, particularly in matters of financial administration.