Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1816-01-23
ROANOKE NAVIGATION COMA
sUBScRIPTIoN

SUBSCRIPTIONS.
Books shall he opened on the first Moaday of
March, 1916, for receiving Subscriptions to the a.
mount OF ) 100000 which sum is to be made up
of Shares, of S 100 each
Books shall be opened at Edentnr, under tho di-
reetion Of Joseph b. Skinner. Josiah Collins jr. and
James tedeli, or any two OF them.
At Windsor, under the direction of David Stone
Joseph n. Bryan and Joseph Blount or any two OF
them.
AtPymoullr, under the direction ofReuben Car
nall, Ezekiel Potter aud Asa HARRISON, or any two
OF then.
At Halifax, under the direction Of Robert john
son, Andrew joiner and Thomas Burgess, or any
two ofthsm.
At Wareaton, under the direction of Peter r..
ny twooft them.
At oxtrJ ueiertbe direction OF Thos 3. Lit
tieJohn, VIM VI. Sneed -nd VIM. V. Taylor, or a.
NY two of them.
At Person Ct. House, under the direction of VIM.
JeiiTeys, Jas. williamson, WIN. ArKissisk or any
two of them.
At Caswell CT House, under the direeti.n of Sol
omon Graves, Barzilia Graves and Griffin Gum
any two of them
Al Milton. in Caswell couety, under the direction
ct idos Boli'g, Werner Williams and Samuel
Smith or any two of them.
At wentworth, m Roo HI CHAM crunty, under the
direction OF Hob't. Gallaway, JAS. Campbell and Sa-
muei Hill, or any two of them.
~ 'erIranton, IN SICK; County, under Tie d-
rect'on of 1hos. 7. Armstrong, Jeremiah Gibson
ami ChSs. +, Bagge. or any two of them.
AT hooisburg, under the direction Of Green Hill,
Jordan Hill and Robert A. Taylor. or any two Of
them.
At Raleigh under the direction Of VIM. Boylan,
jos ph Gales and Henry Seaweil-Aud,
At Elizabeth Citv under the direction ofCharles
@rice, Anthony Butler and VIM. L. Mus, or any
two Of them.
Snb'oriptions shall be made personally or by pow
er of Attorney and shall be IN dollars
Tive books shsll be kept open until the ist Mon
day OF june, 1916, inclusive.
SUBSCRIPTIONS ON BEHALF OF THE
STATE.
The Treasurer shall subscribe, on behalf of the
state, IN The Books 90 be opened in the City cf RAJ
leigh, two hundred and fifty shares Equal TO s
$4,000.
MEETING OF THE SUBSCRIBERS.
There shall be a general meeting Of tho subseri-
hers at the Town otfialifiaX, ~ North Carolina, on
the fourth Monslay of June, 1916. And the acting
managers shall lay before the meeting the Books by
them kept containing tine state of the subscriptions
and it the capita! sum Of 8 100000 be not sub
scilDsu, the managers, o. any three Of them may
Keep open the BaoSs for receiving subscriptions for
The deficiency, during the continuance of the meet
ing, which insy be adjourned from dayto cav until
the business be hnishedand il the deficiency be not
then subscribed, the Books may he oDened fro,n
If $50. O0o be subscribed before the adjourn
Inent OF the meeting Of the subscribers at Halifax
IN June 1916, The act takes effect, and the Stock
holders in that meeting shall elect President and
directors 'r managing the concerns ofthe company,
and the PRESIDENT aad Directors shall transmit to the
secretary OF state list of the subscribers with the
sums subscribed by each, to be recorded by him in
his Office.
If rlore than 8 500, 900 be SUBSCRIBED, the sub
sciIPlon shall be reduced to that by striking off
n a.sers int, IS 10
the highest subscriber, sc.
PAYMENTS FOR STOCK SUBSCRIBED.
The subscribers shall pay ten dollars unon each
share subscribe either the time Of subscribing or
by the meeting o the subscribers in June-and not
more than y SIS SO upon q share shall he demanded
IN any one year thereafter
II the act takes If CT, the Treasurer shall pay ten
dollars upon each share subscribed on behalf of the
stSte, within 80 Gays after the first meeting Of The
Subscribers 10 june, and shall make subs o,Ient 9v
ments as other subscribers.
STYLE, RIGHTS, PRIVILEGES AND DU-
TIES OF THE COMPANY.
The Company shall be called The Roanoke
Navigation Company"
The President and Directors or a majority IF
them are authorised to agree with persons ON be-
nail ei the Company to open and Improve the Ma
vigston Oh Roanoke River, from its source TO its
mouth 50 far as the same lies in The State Of North
Car lima, and all streams in said State running into
said River
Trey are authorised To appoint Treasurer.
Clerk, Ioil-gatherers, ard aa necessary officers
managers and servants, and to make hem q slitab,e
compensation Out OF the capita and money arising
from tolls.
The President and Directors are appointed from
year to year, subject 80 be removed b, the Stock
holders IN general Getting they are eligible and
may fill up vacancies IN their body uatiI the next
geaerai meeting o. the soeki0lIers--,hey shall
take an oalh or Affirmation for the due execution of
their Office.
The general eting of the stockholders shall he
| held on the fourth Monday in April annually
presence ofthe propristors owning 2 majority Of
shares shall he necessary 10 cono,itute general
ineeung-ihe meeting may be adjourned from day
TO day until majority attend, and then f. 0 cIay TO
day untl The business is finished To their annual
meetings, ile President ard Directors shall make
! report and render account of their proceedings.
Which beng approved o., the Stockholders shall gye
certificate, copy at which shall! be entered ,Jnnn
| tlie cOmpany's books. At their annual meetings.
| dividends shall be declared. On any emergency
| the President OF majority ofthe Director, may
| appoint general meeting, giving one months pre-
/ yons notice.
The Company shall * anl regulate the tolls, ht
| in such way tlat the annual amount Of tolls shall
not exceed Il per cent. upon the gan;;al Stick af
ter payment Of gaiea TO the Ollie r ri the comma
~ sums required FOR repairs and other Incidental
| charges.
Tie Legislature may OF Tic end or twcnty.fye
| years from tue time the work shall be 8, far COM
| pletod that produce MAJ BE- transported and notice
gives By the company OF that fact, and 1T the exp-
ration OF every Is years thereafter alter the rates Of
toll fixed by The company but the legislature sbal,
not atany TIME reduce the rates of FOLIAGE so ~ to
} reduce the profits arising d,ercfrom, 5clow Is per
cont. upoo the capitai cck.
The President and Dieetors shall every twenty
a ftff Their Ia