Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1847-02-13
RAIL ROAD-THE DIFFERENCE.

Baltimore tells (through the public press and
on the stump) what she is GOING to do:-ofher
cities have it told through the same medium OF
achat then hare DONE: one ,crites letters to esta-
bsh its Meory-the other carries its measures
Immediately into practice, and no writing is
deemed necessary until the Road is in operation,
when a Report of its proceedings is then publish
ed, and the first dividend declared.
From The american Of Tuesday.
MEETING OF THE STOCKHOLDERS OF THE BALTI-
MORE AND OHIO RAIL ROAD COMPANY.
The Stockholders of the Baltimore and Ohio
Rail Road Company assembled yesterday at the
office of the Company. in pursuance of reso-
luton passed by t.e Board OF Directors OH the
I'd day of January last.
The meeting was orgsnizd by the appoint
ment of EDWARD d. KEMP. Esq, as chairman,
! and ]. /. ATKINSON, Esq, the Secretary of the
Board, as Secretary. Our reporter thus notes
the proceedings:
, The Hon. LOUIS McLANE, the President of
the Company, made a few remarks in explana-
ton of the objects for which the StOckhold-
ers were assembled. He said that the City and
State, having failed to take any measures express.
sive of their views with regard 10 the subject
that would come before the meeting, and the Lee
gi.lature Of Virginia having not yet finally deci-
ded upon the Right of Way Bill pending before
il, he supposed the meeting would not be fully
prepared to say what course it would adopt He
reminded the meeting that upon reference to the
mast history of the Company, il would be found
that il was not the original intention to construct
a road to Pittsburgh. There was still prospect
Of success as to the application now before the
Virginia Legislature, and although the right OF
way might not be granted TO terminus as lar
South as Parkersburg, or Fishing Creek, yet they
might get the privilege OF terminus at some
Southern point which they might be induced TO
accept, and he hop, d the stockholders would not
come 10 cny definite decision to-day as to the
route of the road
AT the conclusion of his remarks the Pres-
dent read the resolutions Of the Board authors
ing a subscription of 100000 to the Connells-
vile Railroad, and also the call for The present
meeting. which he submitted. together with his
communication To the Board OF Directors OF the
Pittsburgh and ConneIlsville Railroad Company
and their reply thereto:
4. PARKiN ScoTr, Esq. said he did not think
the meeting was at present prepared TO come to a
definite action on the subject, and with view Of
having further information laid before il and to
allow time for the decision Of the Virginia Legis-
lature and for such conference with the Pittsburgh
committee as would enable it to act understand
ingly, he would offer the following resolutions.
WHEREAs it appears from the documents sub
mitted to this meeting by the President of this
Compapy, that the Baltimore and Ohio Rail Road
COMPANY have proposed, with the mt OF the
Stockholders, to make further subscription,
upOn certain cOnuulons, I'd IHtSuuIgu anu
ConnellsviiIe Rail Road Company, and that the
said subscription is unacceptable to the latter
Company; and, whereas if it should be deemed
expedient to change the proposed rout TO Pitts
bureh and enlarge the contribution towards max
| ing the connection. it might become necessary to
| invoke other resources than the Corporate means
of the Baltimore aud Ohio Rail Road Company
for that purpose; and, whereas the subject is one
of the utmost importance to the interests of the
Stockholders. and to those of the city Of Baltimore
and Of the State Of Maryland, requiring a careful
and thorough investigation by this meeting; tuere
fore,
Resolped, That the documents submitted Il
this meeting by the President of the Baltmor
and Ohio Rail Road Company, be referred to
select committee, 10 be appointed by the chair
man, consisting Of twu OF those representing tn
shares Of the city of Baltimore, of two Of the in
dividusl stockholders, and Of two of the agent
| authorized TO represent the stock Of th;s State i
The Internal improvement companies; that tn
said committee BIZ instructed fully to investgat
the subject. and b. authorised, If they de, N
l'ex pedient, to con ult one or more competent E,