The Sumter banner. [volume] (Sumterville, S.C.) 1846-1855, 1846-11-25

aud in what parl.culars sue hesmatle.
sss Resnlyel Cd. II hat Ill g present II oot!a
must be sustained; that "a sccureF il,ab iJj
must lid ertended lift In Contemplation
sof7the present ehibarra ssnsenl of the State,
no direct peciiniary aid can be ,cx pected or
oughtito be asked from that quarter. hal
tho General Government, with q " 10
mail facilities, should extend a fostering
hands That the new enterprise estrongly
appeals 10; the State pride Of the citizens
of North Caroline, presenting the simple
qnestonfwhetherw we shall remain as here
tofore in commercial vassalage to Virgin
io, South Carolina, and New York. or
whether uniting all our effnrls we shall aid
to build up in North Caroline ci,yywor-
thy Of the State.
In presenting the above resolutions, Mr..
I. Ioole took occasion to express at some
length his views on the project To extent
the Road so as TO connect with the SQaiil
Caruina Roads. He advocated the exteil-i
si"n in an able and energetic manner, pnr-
,raying in vivi.l langunge the immense
benefits which must Of nscessity result 10
lSis town and the State upon the compile
i;nn Of The work contemplated. Mr.. Hines,
Of Raleigh, spoke to the same point with
clearn.ss and vigor. lie forcibly urged
the pcopi. d" Wilmington in.push onward
The extension project will. an unflinching
determination, relying only on what they
themselves can do 10 chieve success. Both
Of these gentlemen c,inced hearty 'nter-
est in the prosperity Of wilmington. as
wei as that Of the State at large.. Inc
gratitude Of our citizells is just'.," oue 10
them.
Offered by Mr.. G. J. McRae.
Resolved. thal we memoriaIise the nex :
General Assembly Of .hc State Of N. Caro-
!ina, TO reinqnish tho mortgage held by
the State on the Boats and Whurves; Df the
w. and K. r. Road Go; 10 authorize said
Company I" negotiate, on the faith Of said
B"nIs and Wha1ves. as large loan as pos
s'bIe; I" Gubscribe the amount Of said loan
to the extension Of said Road south to some
point on the Soutl, Carolina lne-the said
stock in The new Road being pledged to the
State in lieu Of said mortgage on the Boats
and Wharves, and for the same purposes.
Offered by Mr.. Thnmas d. Meares.
Resolved, That the President and Direc-
tors apply Ia the Legislature for an cxten-
sion Of credit on The debt due the Literary
Fnnd, ar.d the Bonds Of The Company on
which the Stale is now an inlnrser, in such
way rs 10 them may seem best.
Resolved, that The President Of this Com.
pa"y, with E. B. Dudley. James g. Battle,
Fred. j. Hill, II. l.. Ilolmes and Thomas
ID. Meares. be appointed Committee TO
attend the ,siling Of The Legislature for The
purpose of fmemorulizins tia, body for the
extension of The Chatter Of the w. and
<. x. Il. Co. 10 enable them to contract
with the S. c. Roads, or 10 procure ano,h.
or Charter fortt, same purpose, and 10 al
tend 20 the interests Of The Road in all 9TH
crparliculars; and that The Committee ap-
.p"inted as aforesaid bc authorized 10 add
tn their number, or fill any vacancies in
lhci. b"dy which may occur.
Offered by DR.. Sugg, Of deecombe.
Resolved, That in the opininn Of this |
meeting, Sinking Fund should be provi.
dcd fnr the liquidation uG the debts Of this
Company, anu lhalwc s.rongl V recommend
Ia the Stockholders, tuconlribute for that
object.
Resolved, That the President aud Dircc-
tors be instructed to prepare without de.
lay, an instrument Of writing and cause i,
To be presented TO every Stakeholder in
this Company. for his or her signature,
binding them In the payment of e5 OH each
Share Of Stock annually for years on and
after the lst Of Nov. 1917, for the purpose
oi raising Salu funu.
Resolved. That no such subscription
shall be considered binding until the assent
OF individual holders uf alleas, 5000 Shares
he obtained. anu also tho consen, OF the
Legislature, 10 similar contribution on
The Stock held by the State.
Resolved, Tint MI the net proceeds of
the Road after paying the expense ofthe
Company and the interest on the debt, shall
be added 20 said fund, until the whole deb.
shall be ex,inguishcd.
Resolved, Thai after the debts Of the
Company shall have been paid, tie whole
proceeds Of said Road shall be and are here
by pledged TO the repnymcnts to the Stock.
holders Of their contributions as above,
until the sums sn contributed shall be re-
turned with the interest thereon.
Resolved, That The President and Direc-
torsbe instructed 10 make application 10
The Legislature at the ensuing session, for
its concurrence III The object of the above
resolutions.
MEN AND Doos.--A,ldison says that the
dog has been the companion Of man 5000 |
years and has only learned one Of his vi.
ces, thatis, to worry his species when he
is in trouble. Tie y saucepan to dogs
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