WHEREAS: The Textile Club was organized on January 31st, 1891 as a dining
club; the object being to promote acquaintance and social intercourse among
mill managers, and the reading, after dinner, of informal papers on subjects
connected with the manufacturing of textiles.
WHEREAS: A special meeting of the Club was held at Manchester, New Hampshire
on May 9th, 1903 at which time Articles of Incorporation were adopted.
WHEREAS: The Club was incorporated in New Hampshire on May 20th, 1903.
WHEREAS: Meetings of the Club were held regularly through the twentieth
century with special commemorations on the occasions of the 400th meeting on
March 8th, 1924, the 800th on March 3, 1979.
WHEREAS: Some of the ablest men in our country have addressed the members of
the Club at its meetings, including President Calvin Coolidge on several
occasions.
WHEREAS: The Club met at Young's Hotel in Boston until Young's closed its
doors on Friday, May 13, 1927 and thereafter at the Parker House where the
Club met through 2002.
WHEREAS: In 1984 the Club established "The Textile Club Annual Scholarship"
to preserve the future of the textile industry.
WHEREAS: Over the period 1985 through 2000 The Textile Club Annual
Scholarship was awarded to several textile sciences students at the
University of Massachusetts Dartmouth
WHEREAS: The Club celebrated its 100th Anniversary Meeting on April 6, 1991
with the publication of the Club history, "The Textile Club 100th
Anniversary 1891-1991."
WHEREAS: The textile industry in New England has declined in number of mills
and textile professionals and the Club has shrunk accordingly both in
membership and activities.
WHEREAS: The Club last gave out a scholarship in 2000 and last met in 2002.
WHEREAS: The Club's grand history as a social organization and as a sponsor
of textile scholarship is worthy of honor and memory, but the purposes of
the Club are not likely to be fulfilled in the twenty-first century by
continued existence of the Club as organized in the late nineteenth century
and incorporated in the early twentieth century.
THEREFORE BE IT RESOLVED: The Officers, Directors, and General Membership of
The Textile Club at the 947th Meeting of the Club, held on June 18th, 2009
in the City of Boston mindful of the purpose of the The Textile Club Annual
Scholarship and the history of fund assisting textile sciences students at
the University of Massachusetts Dartmouth dissolve the Scholarship with the
intention that the funds currently held in the fund, which is an amount of
approximately $9,540.71, be donated to the Dick Bourdon Flock Fund
to support textile studies at the University of Massachusetts
Dartmouth with a resulting twelve percent increase in the value of that fund so
that the purpose of The Textile Club Annual Scholarship and intent of its
donors may be fulfilled by that fund.
BE IT FURTHER RESOLVED: The Textile Club authorizes Club Treasurer, David
Trumbull and Ken Langley to
arrange the donation of the funds to the Dick Bourdon Flock Fund
under terms they shall just most likely to preserve the
intention of the donors and the prestige of the Club.
BE IT FURTHER RESOLVED: The records and artifacts of the Club be donated
to the American Textile History Museum in Lowell, Mass. and any funds remaining in the Operating Fund after
paying final obligations for this meeting and other expenses through June
30, 2009 shall be donated to the American Textile History Museum and
the Club's bank account shall be closed by the Treasurer.
BE IT FURTHER RESOLVED: The Club directs David Trumbull to make all
necessary legal and financial arrangements to effect a dissolution of the
Club and to make such announcement of the dissolution as he judges most
likely to preserve the memory of the Club, of its support for textile
scholarship, and of the dedication of its members.
BE IT FURTHER RESOLVED: The Textile Club enourages individual members to
continue to gather from time to time on an informal basis to dine and exchange
information about the textile industry.
BE IT FURTHER RESOLVED: The Textile Club is hereby dissolved effective June
30, 2009.
Done at the The Textile Club 147th Meeting, June 18, 2009 in the City of Boston.