Phenix gazette. [volume] (Alexandria [D.C.]) 1825-1833, 1833-05-10
MEETING OF STOCKHOLDERS OF THE
BALTIMORE AND OHIO RAIL ROAD
COMPANY.

BALTIMORE AND OHIO RAIL ROAD
COMPANY.
At a general meeting Of the Stockholders Of
the Baltimore and Ohio Rail Road Compsny,
convened on the 9th instant at the Exchange 10
the city Of BALTIMORE, BY public notice duly CIV
Ell according to the provisions Of the charter o.
the said Company, to take into consideration an
act of the General Assembly of Maryland pass
ell at December session 1882, entitled AN act
to provide for the continuation Of the Baltimore
and Ohio Rail Road TO ~Iiarper's Ferry and Tor
other purposes" and also an act passed at the
same session Of the General Assembly entitled
ga further supplemental an act TO promote in
ternal Improvement oy the construction Of a Rall
Road from Baltimore to the city Of Washington"
jesse Hunt, Esq. was appointed chairman and
Charles Carroll Harper, Esq. Secretary.
The meeting having taken into consideration
tho cts Of Assembly herein above recited. J. l..
D,naid,pn, Esqr. offered the following Reso'u'
ton.
Re5o!ceI, That the assent Of this Company be
and the same is hereby given to the act Of the
General Assembly aforesaid, entitled ian act
to provide for the continuation Of the Baltimore
and Ohio Rail Road to Harper's Ferry and tor
other purposes" and that the President and Di.
rectors communicate the acceptance thereof by
this Company To- the Governor Of the State, uh.
der the corporate seal Of the Company. aud the
SIGNATURES OF the said President and Directors,
on or before the 10Th Gay of May 1855. accord.
ins to the provisions OF the said act.
Which resolution was unanimously adopted.
James William McCuil,h, E.q. offered the
following preamble and resoIu ions:
Whereas the assent of this Company has been
given to the Act Of the Genera, Assembly OF Ma
ryland, entitled IAN act to provide Tar the
continuation Of the Baltimore and OHIO Rail Road
to Harper's Ferry, and for other pusp"ses," and
it is dee ed expedient TO copfer on the President
and Directors of this Company full power and
authority TO make ,'y agreement with the Che.
sapeake and Ohio Canal Company, which they
may think useful and proper, for the mn,nn
ton Of the damages which the latter Company
might sustain during The construction and gradu'
alton OF the said Road. or any part thereof, he
tween said places, and for postpOnIng the further
construction of the said Road above said Ferry,
in the valley Of the Potomac River. and general
~ for carrying into effect the provisions OF the
said act, IN such modified form as may BIZ agreed
upon By tn said Company aud the President and
directors Aforesaid, and especially so as to avoid
subscribing on the part Of this Company to the
sto. k of the Canal Company: Therefore.
BE II Resolved. That the President and Direc
tors Of this Company shall be. and they are here
by. clothed with full power and authority ia
make and execute, on the part ct this Corpora
ton, such agreement in the premises as to them
shall seem eSpedient and proper.
Which were unanimously adopted.
james William McCulloh, Esq. offered the
following resolutions:
Resoiosd, That this Company accept the act
Of Assembly passed at the session aforesaid.
emitted a further supplement to an act, emit
tied an act to promote internal improvement
by the construc ton of a Rail Road from Bal,i.
more to the City Of Washington, passed al De
cember session 1880" and that the public int
rest. and especially the interest at the Cities OF
Washington and Baltimore, will be greatly pro
noted by the early construction OF the proposed
Road between these two cities.
RESOLVED, That the President and Directors
be, and they are hereby, authorised to subscribe
to, all such portions of stuck necessary to com
plete the said Road from Baltimore to the City
Of Washington as may remain unsubscribed b,
corporations or individuals; and to borrow from
time to time any sum or sums of money which
may be necessary to enable them to pay the in.
stalments that may become due on the stock ST
subscribed by them for the construction of the
said Road from Baltimore TO the City Of Wash
ington, and that the said President and Directors
be, and they are also hereby, authorised to pleagf
the property and funds of the Baltimore and
Ohio Rail Road Company as a security for the
payment Of any and every sum so borrowed, and
the interest thereon for the construction Of the
Road aforesaid.
Which resolutions were adopted by a vote Of
s5,454 shares in the affirmative, and $50 shares
in the negative.
The Hon. Jas. II. McCulloch offered the fol.
lowing Resolution:
Resoiued, That the thanks of this meeting be
explicitly given to the President and Directors Of
the Baltimore and Ohio Rail Road Company. for
their ~resoIute and persevering efforts in the pro.
%secution of that work in the midst Of difficulties
and encouragement; and that they have exhibit
ed as mnch skill and judgment as in so new and
great an undertaking could be required Of men
earnestly seeking 10 promote the interests com.