| 584 now, a vote of the shareholders will be necessary for an increase of stock, which vote must be called and notice thereof given by the board of directors. The reason why no increase of stock can be made except by vote of the stockholders, is that it is so fixed by statutory provision; is, in fact, 'the law of the land.'
"No shareholder will be permitted to draw out his or her stock; either in land or money; but shares will at all times be transferable.
"As the incorporation and the conducting of the affairs of the company are to be under the provisions of the law of the land; and the officers are to be guided in their administration by the law of righteousness, and are entitled to the direction of the Spirit, and are subject to instant removal and perpetual disgrace if found unworthy of trust, the saints may readily understand that they need be under no apprehension of loss. They can and ought therefore to support the movement liberally, that a step toward the redemption of Zion may be taken, and taken now.
"(Signed) BISHOP ISRAEL L. ROGERS, AND OTHERS.
-The Saints' Herald, vol. 17, pp. 289, 290.
May 24, Elder C. G. Lanphear wrote favorably from Milton, Florida. He stated: "A most favored and happy conference has just taken place here; which did betoken a great renewal of light, peace, and strength to the saints and work of the Lord in this district of country."
The question of the immaculate conception of Christ was agitated by a few of the elders which was the occasion for President Smith to express himself as follows:-
"We learn with regret that there is now and then an elder who believes and teaches against the doctrine of the immaculate conception of Christ. The scriptural statement is the accepted faith of the church, and he who teaches to the contrary does not express the voice of the church. That a man's faith cannot be coerced by any human power, we are willing to admit; but all well-disciplined minds will agree to the principle that he who is a
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