Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1847-08-28
ADOPTION OF THE VIRGINIA LAW BY THE
BALTIMORE AND OHIO RAILROAD COMPANY.


The Stockholders of the Baltimore and Ohio
Railroad, at a general meeting held on Wednesday,
accepted the late law Of the Legislature of Vir-
ginia, authorizing the construction of the road
through that State to the Ohio river on condition
that Wheeling be made the terminus Of the road
The following are the proceedings Of the Stock
holders, as condensed from the Baltimore American
of yesterday:
In pursuance Of public notice, meeting Of the Stock
holders Of the Baltimore and Ohio Railroad Company was
held at the companys Office yesterday morning. 10 o'clock
AT the appointed hour motion Of SAMUEL HoFrMAN
Esq the meeting was organized by appointing EDWARD d.
KEMP, Esq. Chairman and HEsRr HARDIsrI, it, secreta-
U The Chairman then announced that So s73 shares
OF stock were represented, which constituted quorum.
LOUIS McLASE, Esq, the President Of the Company
rose and stated that the object OF the meeting consider
the expediency OF accepting the recent act Of the Virginia
Legislature which grants tho right Of way the company
Wheeling He then submitted the report Of the committee
appointed at previous meeting Of the Board of Directors
visit Wheeling and report the results Of their Investigations
to the stockholders.
JOHN GLENN, Esq stated that inasmuch as majority Of
the directors the part Of the State present. and
the interest OF the State, which amounted 81 500 Q00
would be unrepresened he would adjournment until
Thursday morning, at 10 o'clock.
MICHAEL q. SPRIGG, Esq, Of the State agents pre-
SENT then read letter from his colleague Col TLsHmax
stating that it would be impossible for him reach Baltimore
before two o'clock in the afternoon In order that the
OF the State might be given the important question to be
brought before the meeting Mr. Spgg urged the adjourn
ment (The other State agent present wasA b. DAVIS Esq
WESLEY Starr, Esq, of the directors the part Of
the city, objected to the adjournment the ground that his
engagements would not permit him to be present the adj
meeting, and stated that only Of the eight city
directors were present, casualty might by which
the city direction would be left in minority and the vote on
the part of the city would not be cast.
Mr. Stars views sustained by T. PARKIS Scorr,
Esq., of the city directors, and by Mr. McIAsE the
President of the Company
After considerable discussion an adjournment took place
until o'clock in the afternoon which, it was alleged would
allow sufficient time for Mr. Tghman the absent State agent
to arrives and at the time appointed the meeting reassembed
When it called to order
SAMUEL HoFPMAN, Esq stated that Mr. McLane the Pre-
sdent OF the Company had prepared statement Of his views
IN relation to the question about before the meeting
with various documents pertaining thereto which he had
signed readings but that shortly after the morning adjourn
ment ne taken ILL., and then under medical attendance
Mr. Hoffman asked that the statement of Mr. McLane might
be made part of the record of the proceedings of the meeting
This created discussion which was terminated by Mr.
Hoffman Withdrawing the papers,
l. PARKIN ScoTT, Esq then offered several resolutions
accepting the Virginia law which makes Wheeling the term
nus OF the road and authorizing the President and Directors
OF the Company proceed early practicable the
srucon OF the road that point division of the question
being called for the resolutions accepting the law passed
almost unanimously
Gen. TILsHMAS, on the part of the State of Maryland,
10 the resolution authoTlZlng
the early construction of the road resolution declaring that
the company shall not be obliged go of Cumberland
until was ascertained that the for the completion of
the road to Wheeling had been raised and also resolution
directing the appointment Of committee of ve be
posed of persons members of the Board officers of the
company with the exception of the city directors and who
shall represent the interests Of the various stockholders
ing to the amount Of their Stock whose duty shall be
anime with the chief engineer the different routes proposed
towards the terminus of the road and report the result of
such examination to future meeting Of the stockholders
The introduction Of this substitute created long discussion
which was participated in by Gen. Tghman and Mr. Glenn,
who supported it and by Messs Scott, Swami, McKaig of
Cumberland Richard Lennon, and John Nelson, who op.
posed it. The substitute was rejected.
The resolution Offered by Mr.. Scott was then adopted
IHos SWAMI, Esq submitted resolution requesting the
President OF the Company to furnish copy of the remarks he
was prevented from reading for publication among the proceed
inss OF the meeting The motion agreed to- and, about
nine o'clock, the meeting adjourned sine die.