Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1847-11-19
0EETTSC oFS STOCKHOLDERS.

MEETING oFZ STOCKHOLDERS.
The twelfth annual meeting Of the Stockholders
Of the Wilmington 4 RaAtgA t0'! hoOd Com
anna, u,aa held At Wilmington, on Thursday, the
Ilth November, le47.
On motion Of Gen. AIex'r McRae. DR.. r. J.
Hin Was appointed Chairman, and Henry MUTT
and James Grfswcid. Secretaries.
On motion, the Secretaries were appolnteo
Committee to examine proxies, and to ascertain
the amount of stock represented.
The meeting was then adjourned until nail past
2 o'clock, P. NJ.
THrRsDAY EVENING, NoV'r IL.
Met agrAeably to adjournment, when the Com
roittee appointed for that purpose reported that
1922 shares of stock were represented by ndivid-
ual stockholders, and 5000 shares by Hon r.
Hines and Dr. F. ]. Hill as proxies for the State,
being a majority Of the shares Of the stock of the
Company.
The President OF the Company made his annu'
al report together with the reports of the super
iutendent of the Road and Road Repairs. and OF
;he Superintendent of the Shops, and the agent
of the Steam Boats. The Committee on Accounts
by their ChairmaA, H. utt. also made their re-
port, which several reports werC received and or
dered to he printed.
On motion of Hon. R. Hines. it was
Resolped, That the President and Directors of
the Company be authorized, and they are hereby
instructed to enquire into the practcability, and,
if dsemed expedient, TO employ Commissary or
Clerk, with suitable salary, whose duty it shall
he to purchase, take care Of and disburee to the
different departments all provisions tools, or ma
terius, for the use of the Company, and keep a
correct account of the same, to be by him submit
ted to the Board their several weekly meetings,
or at such time or times as the Board may direct.
On motion, Messrs. P. X. Dickinson and Hen
c ~ Mutt were appointed Committee to take lRto
consoles alton the free privileges OF Stockholders
on the week Of the annual meeting, and report
thereon to this meeting.
The meeting then adjourned until o'clock
this evening.
THURSDAY EvESIxe-7 o'clock, P. M.
Met agreeahIy to adjournment.
Messrs Dickinson and n utt who were appoint
ed for that purpose reported the following resolu-
ton respecting the free privileges Of Stockholders
Res0fued, That the Resolution adopted at the
meeting of Stockholders in November. 1912, IL
reference to the ranking of Stockholders dur ng
the week Of the annual meetings of this ompA
ny, be so amended as to entitIe such Stockholder
and their distributors only have regularly alien
ded the annual meetings, to pass over the whole
extent of the line with their families free of charge
except meals. during the week of or following
such mreting
Resoled That family, under the above reso
luton, consists of the immediate household of tn
o individual. except married daughters, and son
who are married or over 81 years of age.
Which several resolutions were adopted.
On motion Of Dr. A. j. DeRosset, Jr,
ReS0lUed, That the Stockholders Of the Wi
rninglon e. Raleigh Rail Road Company in gen
eraI meeting assembled do hereby pledge to tn
Wilmington & Manchester Rail Road Compan
a subscription of 500 600, to be paid on the com
pletiOn of said Wilmington & Manchester RAJ
Road, from the proceeds of sale of steamboats, ali
other property, which will at that time becom
unnecessary for the purposes Of this Company
Provided, That our Legislature take such actio
as may authorize said subscription.
The meeting then adjourned until tomorrow
at half-pdst 10 o'clock, A. M.
FRIDAT MoRNIHG-Halfpast 10, A. M.
Met agreeaby to adjournment.
On motion of Gen. Alex'r McRae,
Re8OiUsd, That the Stockholders of the Wi
mingtOn & Manchester Rail Road Company sha
I've permitted to pass over the line of this Comp,
ny free of charge, while going to or returning fro
the general meetings Of the Stockholders Of sal
Wilmington & Manchester Rail Road Company
On motion, Henry Mutt, James Griswold. an
VIM. Il. Baker, were appointed q Committee o
Accounts for the ensuing year.
Pointmcnt of James Griswold. James 8. Batt
Edward p. Hall, and A. J. DeRossett, IT,, Dire
tors the part of the State for the ensuing yea
The meeting then proceeded to the ele ,tion
President and six Directors for the ensuing yea
WhPreupon Gen. AIex'r McRae was unanimou
ly eSacted President, and O. G. Parsley James
Miller, Win. A. Wright, E. b. Dudley, P.
Dickinson, and Gilbert Potter, were elected D
rectOrs on the part of the individual Stakeholder
a On motion of P. K. Dickinson, Esq,
Resolved, That the Secretaries, together vii
William A. Wright Esq, be appointed Con
mittee to prepare the proceedings of this meer
for publication; and that the usual number of C
pies of the same be printed for distribution amor
the Stockholders.
On motion of James T. Miller, Esq, the thapl
of this meeting were rendered to the Charms
and Secretaries.
The meeting then adjourned sine die.
F. J. HILL, Chairman.
Fl. NUTT, c..,.
J. GRIswOLD, ''"' ''''