Such a contract would have been disastrous if kept in force
and still, when it was considered by the men then interested, it
was ratified by but one dissenting voice, that of James Niel.
Organization and Removal to Milwaukee 91

December 18, 1858, S. S. Daggett was elected Trustee instead
of Luke Stoughton ; M. S. Scott, of Matt. H. Carpenter ; E. B.
Wolcott, of G. W. Lee and Henry L. Palmer, of Charles Kuehn.
This date may, therefore, be given special mention since it
introduced three men who attained to official prominence Henry
L. Palmer, S. S. Daggett and E. B. \Yolcott. Their connection
with the company will appear in the progress of this history.
At a meeting of the Finance Committee held December 22,
1858, the gratifying information was disclosed that business was
looking up, for within the month policies had been written as
follows : At Milwaukee, twenty-six ; Whitewater, fourteen and
Janesville, seven.
The reconstruction still proceeded. At the last meeting of
the Trustees in 1858, held on the final day of that year, Daniel
Xewhall, of Milwaukee, was elected Trustee in place of Leonard
J. Farwell, resigned ; "William J. Whaling, of Milwaukee, in place
of James R. Doolittle; Ezra Miller, of Janesville, in place of
David Xoggle, and S. C. Spaulding, of Janesville, in place of W.
A. Lawrence.
The Trustees seem to have become impressed with the prob-
able ultimate necessity for a Treasurer of the institution and the
office was accordingly created, Josiah Flint Willard being elected.
Just how they reconciled this proceeding with the one taken by
the Finance Committee the same day authorizing the President and
Secretary to issue a 60 day note of $150 to apply on General
Johnston's agency account, is not shown.
