Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1839-10-10

For the satisfaction Of MANY Of our
readers, we publish tie subjoined rcsolu-
tons of the South Western Railroad Con-
vcntion, which recently assembled at Ashe-
vile, N. c.
l. Resolred, That all The resources OF
the Company be concentrated to meet
their present engagements, and TO fnish
anil put in operation the road below Co
lumbia. and that no further work be un-
drrlaken until these objects be accom-
pll>hctl.
2. Rrsoirrd, I'ha, for so much Of this
portion OF this work as is already under
contract. the President and Directors
make such arrangements for adjusting
paymenls. as in their discretion may oe
deemed best, tha, new contracts for the
progress of the same shall only be made
as The resources tot pay shall become avail
able 10 The Company, and that the Presi-
drnl anu Directors make such arrange
nlents, for The preservation Of the work,
which may thus be delayed as lheirjudge-
mcnt may dictate.
3. RESOLVED, That rigorous system of
econony should be pursued the engineer
department be reorganized in such man
ner as the President and Directors may
| deem best, and thai 10 expense of any
kind be incurred, which may not I've abso-
lutely necessary to the work below Colum-
bia.
4 RESOLVED, That the stockholders Of
this Company deem it of the utmost i'm
porlance 10 pay up he am unt remaining
due for the purchase OF the road from
Charleston IN Hamburgh, and they do
hereby authorize the President aud Dlrec-
tors to make i'll their discretion, all such
arrangements. as may "cI found necessary,
10 ralse The amount required for the bal
anre of this purchase. hat they be au-
,hurlzed 10 borrow the money on ihe
pledge OF their stock in that Dad, aud up
on the responsibility Of both companies,
and thatin The last resort, they are auhu-
rized ~ apply 10 The Legislature OF South
Carolina, and to make any arrangements
that may be deemed proper TO secure that
State, for any advance or relief, winch
she may be disposed 10 ailurd.
5. Resotued, That with firm deterni-
nation to proceed as speedily us their
means will permit; this Cunlpany earn
eslly desire to meet their existing engage
ments, and to complete the road from
Branchville toColumbia, land they do here
bv authorize theDIrrciors sofiheCvmpany,
for these purposes, TO make calls Tor IN
slalments at such times, as la lnelr dis
cretiUn may be deemed best ha, an earn.
est appeal be made by the President, call
Ing upon the stockholders to meet The in
staImens required, and that The President
and Directors be farther authorized 10
make arrangements with The Stockholders,
To obtain advances on Their sUbscri ptIUus On
such terms as may be deemed advantage
Gus.
6. Rcsolred. That This Company now
reiterale Their declaration, that without the
united assistance Of the States through
whose territories the road is 10 pass, the
work cannot be accomplished, and they
now make their solemn appeal 10 those
States, and are compelled to declare, that
unless they speedily aud cordially co-ope-
rate, The Company will be unable to pro-
srcss with the enterprise.
Z. RssoLred, That in the rapid changes in
commercial affairs which daily occur. it is
deemed highly desirable that the stock
holders should be called together TO devise
proper modes Of advancing lhe work, and
that an adjourned meeting be held, at Co.
lumbia, on wednesday, the 18th Of Decem-
Der next.