Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1843-06-15
From the Huisamsperf Bssse~.
THE CHESAPEAKE AND OHIO CANAL
CflAfPANy

COMPANY
We are indebted 10 gentleman for the
Report, made by Col. Ateri, on behslf oil
the Commit e tyexsm ne and report up.
on the annual Communication fihe Pres.
iiens anc Directors OF; the Oh, sal cake aud
Ohio Canal Cunl any, as submit t.,
and unanimously adopt, by the Stock
holders Of thai Company, in neral mt ell
ug, held a, u e Office in Frederick, on
Monday the 9Th inst. The cauiion IN N
ifested by he Committee, in guarding the
operations If The Treasurer octhe Sac,
~ his n, z stations FIR tho sale and trans
Ter If The States interest ia I. is great
work, will, We think conn end itself 10
the an rotation o. the cit zens generally.
We also understand, that at the m,elng
alluded 10, proposals we're sIhmi ted for
N cornpl-t on Of the unfo.h he'd portion
OF the v ok, between Dam No. 6, and the
tnwn # Cumberland and also, fer the
ext nson OF tho work 10 the muuth e
S,vsge iiser but ih- Stockholders, in
order to give the tu,h, titles oil III st
an tppoitun ty OF carrying out the views
Of Id Legislature. aud also, for the pur-
roe Of inviting compel on 10 the ting
Of the work, d-termnei no t. inter INTO
an tune ia e Contract, but eefe-rcd III
same IN j the Goth oil the present month,
as will DO en- BY an IyerlIsen.ent in
our columns today.
TIE REPORT.
The following re- ort, male by drer-
on OF the Committee, upon ih- report OF
the President, is submitted to the Stock
hoi2ers.
The mstier ofthp report divides itsel
into two distinct subj, cts -
Isi. The accounts, expenditures, sll-s
Of optrty, iacome from TO Is, &c, or IN
2, n, ri OF the fuanc,s ,fthe Company.
II has not been N tie power OF the Com
mitee 10 b, stow upon these subj cts the
attention which their importance deman 3.
We beg leave th,reiore, rsp ciful y, 10
re recommend that a COMMITTEES ,f three be
APP inlrd by the chalr 10 attend 10 this
part OF the Plesi enl's reps IT.
Cd. OF the extension Of the canal, we
are fopln on that tho interest IT the STATE,
and all interests connected w III or TO be
developed by the canal. are emnen,ly in
volv d IN the early and seb initial extern
sion Of the canal, in conform ty with lis
plan, up 10 The town OF bertrand, aid
that to this end, the energies Oft presi.
den, ami Board oil d rrctors sheuij BIZ di.
rectrd with vigor and rerseve ance.
With this general expression IF opinion,
the Commit -e wi bripg 10 the consi Ter
All Of the meeting, the nec IS ~ Of oh.
sc wing certain precautionary measures,
which viii now be Indicated.
list. hat romp,liuon ougl 10 be ex-
cited, by public advprlisrmt nj in the news
APP rs lie ore con ra be enter, d. Pro
posals 10 be rec, ived y ihe % b June.
2. No attempt should be mad by the
Company 10 purchase State bonds until
the Tr, asurer sh Ill hive fnled 10 fleet
sale OF the States inier, ST IN the canal
as AUTHORIZED. Say unit the 10Th July.
Sd. That no contract shall lie euterfd
into except with The condition, tat II may
be bnnulltd by the Conn any nfer 30
days notice, nj any time within twelve
months after the late of said contraction
III payment OF one pr cent. as damag S
upon the unexpi nded portion Of the c, n
tract.
4th. Provd d however. III III nothing
wi a,ever shall lie done by tie Board OF
President and ID rrctors, which nav PIE.
vent or embar, ass tie sale by the State o.
MAry Hand Of her inte. est IN the canal.
A the same meeting, the following gen
item. n W r. elected off ers OF the Ches.
al cake IL Oho Canal Conn any frt.e
current year:-
PRESIDENT
G u. WILLIAM GIBBS MCNEILL.
DIRECTORS.
CT. Fr'sby Iilghman. John o. VII r
ION, OF Washington County, Md.
VIM. Price, Esq. Allesany county.