Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1835-12-24

manner provided by section s. or in some other
On Friday the iJl The meeting convened al the Ca
pilo when the Committee above mentioned submitted
tlrr report Gs follows
ne committee 10 han referred lie report ofthe
tFstet with the accnmp yiug irsoiutious and who
were instructed To enquire and report what measures
hey 1ecitG rXpctent The stockholders al This time
a"cPt' nave according IL oders. had under consdera
uon Inc su'rcl referred 10 en- and submit hrreuuon
tt,r following Report:
The cu:uui!lre, approvirr tho chicct .r ,, Gr 80.
COLD: !!d and fourth rrsDlu:r,.s acco,upauy;iu tb
PrSidrnts rerof respectfully u.end the adoption
OF The following resolutions:
]. HSoirfd Tint lie President and Urcccrs or ,Ia
Company shall have full authority, at any time during
the progress Of works the frs. division the canal 10
adopt such measures, tu them may cxpcdieut
for executing such part Of the work the second dyi.
sion of the Canal in their opinion be prudent
ly deferred ill the first division shall BIZ completed
? Heso' rtd, That memorial on behalf Of the stock;
hcues OF Tie Company. be prepared and laid before the
General Assembly, asking modification OF the charter
Of hs Company in the following particulars, in such
olhen as to the wisdom Of the Grneral Assembly shall
serm proper:
FIrs'. Authorzng the purchase condemnation Of
land along The gencGa line 81 Improvement ut greater
breadth than one hundred ect under proper Limitations
and restrictions;
Sceondiy. Authorizing the Company to purchase small
parcels OF lard along The line of Improvement under
proper limitations and restrictions even though such par
Gels OF land may not be necessary for the construction Of
tho work Of The Company: for abumcnts or or the
use Of their budingS;-aId
condemned which is provided for in the charter may lie
so changed, that in lieu OF the assessors which tie
County Courts are required 10 appoint. board Of asses
sors having jurisdiction over TIE whole line OF The I'M
ProVcment, may BIZ Organized, and their proceedings
regulated in such lmaAncr, 10 the General Assembly
may expedent.
The Committee derning it pIuLent to preserve the
credit Of the company by making acquisitions upon the
stockholders adequate 10 all the engagements fthc
company, rather isan by res"rtmg To oans would not
recommend the adoption OF the fifth resolution accompa-
nying The Presidents report.
On tile suggestion Of She Board Of Directors, the
mtce recommend the adoption of the following resou
tons:
ErsoLrcd, That whenever in the opinion of the Pres.
dent and Drccurs the business Of the Company shall
render it necessary they shall have power to appoint
ok.kceEer, ana 10 allow bin suitable salary.
Resoircd That The foundation and lroring, well as
tie gates OF the locks shall be constructed OF such mate
rails the President and Directors may think proper.
RtS0lrrd, That the monies Of the Company may be
paid into bank upon The of the ;ecetary though
not countersigcd by the President.
Tie Committee recOmme nd the following resolution
ReSOired, That the President and Directors be
Quested 20 cause circular 10 Le addressed to stockholders
recommending il 10 those who cannot conveniently at
tend the general meetings, 10 appoint standing proxy,
residing convenient to The p!acc OF meeting, with auho
rly 10 represent them all general meetings when they
are not present IN person, by other proxyand
that they enclose proper form for such proxy.
HrSoired, That it is nexprdcnt, al this meeting, 10
make any appointment Of President and Directors mas
in office will hold their Places until May next and there
after till their successors shall be appointed, unless
removed by the Stockholders in general meeting.
EeSai5cd, That Siandn. Committee Of seven be APP
pointed At each annual meeting OF the Stockholders, who
at all times, well in The Of the meetings Of the
Stockholders. during their sttIngs shall have Tree
10 The boz Ks and papers Of the company and whose
duty il shall be to examine and report to the stockholders
al their annua! meeting. TIE condition Of the books, pa
pcrs and finances Of the company, and such other mat
lers they ma deem interesting to the stockholders.
Ecs0irhA. That while The charter remains unaltercd
the tribunal for ss:ng damages for The land CON
dcmn"d ir tie OF the company will be inexpedent
amend the form prescribed for The report OF The raues:
but that if The charter lie amended proposed by one OF
he preceding reSounus, so rs to refer the valuation OF
lands condemned TO board oil assessors having urISdc-
ton throughout the whole line of improvement, 1t will be
eypcdcnt regulate the proceedings Of that Board,
us 10 require that they should specify the Inconvenience
for which, they damagcs-and to provide an am
pie and adequate remedy Tor damages not torescen or as
scSscd.
The Board Of Directors Lave recommended tie pro-
priey OF appointing agents or the collection osubscrp-
tons from The stockholders; hut the committee OF OPT
nion that such would throw an improper bur-
then audrsk upon the company and would not be attend
ed with beneficial results they therefore cannot recon-
mend the adoption OF such measure.
Rcsoiced. That Committee of seven be appointed By
the Chair whose duty it shall be- prepare and present
TO the General Assembly, memorial on behalf of the
Stockholders asking amendments OF The charter IN &C.
cordancc with the resolutions adopted At this meeting.
cS0rGd, That The President and Directors be request.
cd to have printed for The Of the stockholders, the
proceedings oil each general meeting, past present. and
come; including tho annual reports ot the President
and the documents accompanying them.
The report having been radon motion. ordered That
the CT the meeting he taken the several resoIu
tons Contained therein, successvey;-and the question
being upon the FIRST resolution
MI Brirnc moved to substitute in lieu thereof the first
resolution proposed by the President Of tie Company.
After some discussion between Messrs. Bcrne and
Johnson the motion Of the former rejected, and
tI,ar cd v he CONF
The second resolution OF the committee being Ia
ken up, MIR Daniel explained that as proxy tor the
Corporation Of Lynchburg and for several individual
Stockholders in that town. lie should vote Tor The resnu
ton because lie understood such to be tie wish OF those
whose stock he rcpescned but that when the question
should come up in the General Assembly, lie should
deem it his duty, unless his present impression shoua
undergo change to oppose the alteration in the prov-
sons Of TIE charter, which the resolution contemplated
Tie resolution was thereupon adopted.
The clause of the Report, in which the Committee de-
cline recommending resort to temporary loans, was
then taken up; and after few words Of explanation by
Nlcssrs Johnson Belrne Early and Baxter, was agreed
The remaining resolutions Of the Committee together
with the clause of their Report declining o.rcconmend
the appointment of agents for the collection OF install
men,s on The capital stock, successfully taken up
and adopted
On motion OF Mr.. Johnson, it was
Rcsortd That the President and Directors shall! have
power to appoint q she Directors, who in the
absence Of The President. may cnas.sign the warrants
Of the Secretary, for drawing money from Bank and
that warrants councrsigned b. such Director shall nave
the same force as if concrsiEncd by the President
On motion CT Dr.. Brcckenbrougi: it was
Resolerd, Thut the Chairman have unit Tomorrow TO
select the Two Committees this day ordered to be appoint
ed and that lie report such appointments when MADE:
to the Secretary who is requested 10 announce the same
in the public papers.
| On molten, the meeting adjourned sin: die.
Office of tic james Rircr and KanG1rha CcmranJ
December g, lc35.
Pursuant To an order Of the Stockholders at their late
annual neeting the Secretary announces that The Cna
man .hcrof has reported him the appointment Of tho
following Committees, viz:
Commune 10 prepare Memorial 10 The Legislature