American watchman and Delaware advertiser. [volume] (Wilmington, Del.) 1822-1828, 1826-06-02

line followipE communication ID copied ~ ie
suesl from Philadelphia paper.
10 the Stockholders Of the Chesapeake and Della
rare Canal.
The annual meeting, for the election OF Direc-
tors Of the Chesapeake and Delaware Canal Com
pany, will take place on Monday the 9Th day oil
june when, according to the course, usual on
such occasions, and in conformity TO the just claims
Of the Stockholders, full report of the proceed
jnes of the Board Of Directors, during the past
year, will no doubt be made and the present situa-
ton Of the affairs Of the Company, and the pro
press and state Of the work, will be communicated.
Since the last annual meeting many circumstan
ces have occurred, which call for the attention and
careful investigation of the Stockholders and their
interests and those Of this community demand, that
measures shall be adopted at the approaching
meeting to remove all the doubts and suspicious,
which, whether Justly or unjusy most certainly
prevail, with some of the Stockholders, and with
large portion Of the community, in relation 10 The
proceedings of the present Directors to the state
Of the work, and to the competency of those who
have its management.
Il is we'll known. that the present funds Of the
Company not adequate to the fioal completion
Of the Canal, and an appeal must soon be made to
the public for further subscI pons and TO the State
and United States, for aid. In the present state OF
opinion such an appeal will certainly fail ; if the
agement, doubt can be entertained Of the success
OF such applications
The papers frequently contain statements of the
favorable progress of the work, and of the large
force actively and useuy employed upon it and
those are frequently followed with positive asser
lions Of an opposite state Of things. Whispers are
constantly circulated of errors in the construction
Of the ,porks and embankments, and in the manner
in which the work is going on. These, as they arr
49, -. L. .-f..a At
Impressions Of dstrust and dissatisfaction. Th
Directors, whose services are entirely gratuitous
have full and absolute right to an investigation OF
all these matters-they may claim, and they should
insist ON an opportunity to yndicae themselves and
their proceedings. If they have not done the
duty, others should have the trus,-if they have
scted faithfully and judicously, they should have
the thanks and appreciation Of those whose interests
ave in their keeping; and they should go on with
the undertaking.
The election may, by vote Of the Stockholders
be postponed; and it would be proper that this
should be done for the purposes Of inquiry and ex
animation.
At the approaching meeting, the following reso.
lutions will be proposed.
l. That committee, to be composed of five
Stockholders, be appointed, who shall, with the aid
OF one or more civil Engineers, to be approved by
the United States Board Of Engineers,* examine
the SITUATION OF the chesapeake ana delaware "a
nal, and report the same. together with their opin
ions upon the same, and of the mode OF its con
struction, and how the same is executed the said
report to be made at general meeting of the
Stockholders, to De held on the fifth day OF July
1926, the report to be printed and distributed by
the frs, day Of July.
.. That the election of Directors be postponed
until the fifth day Of July, 1896
A STOCKHOLDER.
IL ;.J he. ,r,te rpffh fhot h.
vices Of gentleman of the best talents be obtained