Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-05-15
1aNEs RIVER AND kANAWHA COM
PANY.

Tho following Report was adopted oy 'ne
Stockholders on Friday night Mf. w. W ~
,on moved TO strike out the resolution marKeal9
and insert paper, setting iurh mat me iale ue-
talcation was mainly due 10 the violation o. one
al the bylaws, which requires The warrant
show ON lis face the specific object ot me apPt"'
nrialion, and strongly enforcing The necessity VI
Giving full effect 10 said bylaw The mee'ios
however, did not agree to said morton, regarding
!, &C unnecessary, as The sad bylaw was IN iui'
vitality OF force:
Tho Committee, TO whom we're referred the
Presidents Report and its accompanying uocn-
no,,s together with the communication OF
4 poitiaux, with Instructions TO enquire mo
and renort the measures which they might
deem nroper 10 b. adopted, have had Inc same
under consideration, and report that II is eSpe-
diem, to accept the act Of Assembly, passed 'nc
| ON of March lS49, authorizing Inc ota'e
onorantee 10 certain bonds Of the James aiVci
and Kanawha Company, for the purpose OF q
f.ct;ng the connection Of the Canal CT BASIN a
Richmond with The tide water Of James RIVER
through the Rlchnond Dock.
The great anxiety for the Accomplishment o'
,h;s work. manifested by the whole country We
trade of which passes on the Canal, the oo''s'
,;ona nj The charter it-elf, and Inc gene' o.
conviction of its policy in every point " W"
hove induced YOUR Committee 10 recomn'ehu ."'
aJon,,oo of The provisions OF this act-a' '''
came lime they feel that the ac' con,a "e. 'o'"'
ah,oc,;onoble features, the cons uera''oh
ssS;oh thew deemed il more expedIeni 10 posi-
,one untll The stated annual meeting.
V,ur Committee also recommend the accept
,,os If another act, passed the l2th March
Is49 and providing for the South SIDE ahd ~
wanna connections. The duty ct The ComPah
TO make these connections IS so clear, loeir i'n
,ortance. and the policy in fiscal point
view. 40 uniformly recognized by ihe Stocs
holders. that we think the Company shou'h
orea,ly y,ali6ed at having the means Piaceo
,he,r mower Of remoy.as one oil the mn'
na;ofuI sources Of dissatisfaction, and DONG
act Of Justice 10 those who haze eon'rion'e
largely to this great work.
yonr Comm,ltee have also had under consio'
ra,,oo The de(alcalion of the President anu D
cra,ory. and after as full an efamina'ioh =
they deemed necessary, came 10 Tue :,
rna a. me Pfesiiru, ami Dmertois am y
Commute apponied Al INC ~ !,
~ me stockholders 10 examine nv o''H' -
counts nave been engaged w 'he =" \,
me loss Iesultno from Inc ucllHfue"J
la,e President and ec'elafy, "h'eii '"'
9 in Inc discovery VI an illicit use ., &c, 60 :.
mo comnany To the amount u - 'oS VI. =
-. na ,he p,esilen,; AMI enquiry being I'D .
, To- n .,o, inn The grounds Ut ihe conVie''
-, 49,, nan OF the Pte>j!enl am Diee'"-'
-, In.s i he said sum Of al 'oS w. 80
~. IN. Committee seer o. i'h>o" :" -
"a, n. examinations Aforesaid nave ~"
}, n,lIv conducted, ani Ire conc w." 49,
accurate decline 10 90 INTO ne "a
: selves more tuy, hui iecomfhen,. ''"' : ,
confirmed b, the President AMI pHec'Is ""' :
!, sa;d committee, il, upon iuithei consuei =, -
I, ,ha,e .bau pe The least GROUNDS TOT oe'ies"'s "
:, o,ec;.ely accurate result has not oeeh iede"eo
In connection with this same snoJ"ci, your COZ
80: 49, ,sconmsnd Tor The adoption Of he so
o holders he following restlu''on, .h''" '"aJ .
n,sv.nt a loss OF the COMPANY innds mere
ter: .h,u no ara,
t, att..t,sr from the Bank where il i dep"sied
e, me ,redit OF Inc Company but upon me Wana
nj The Secretary, coun'erslgned by hr rre>'e'
, in ayor Of the creator or Eis assignee.
your Commiuee have also had nnuet c'n. -.
a. r,,;on MIR Poi,,auxs Letter 10 ne olo' hno'.,
n - rnla;nine ot the action OF The Dfrc','y :,
le ao,;on ~ ,na present Secretary, MT M"n'"
= 80 h.yo o;ven the same the re>prciui d''n''
r dne ~ anv com nunicaton rom one y, =,
j. cers This communication, WIN -. onlv
m,ds nv him 10 The COMPANY, inpo,'s ~
dnsa',s ssSnlv made By he Directors Of Sec
nien' sa;a, in deroeation OF his own ca ~
la y nc no ether way mpeaches The ss''11 ~ o.
nTsc.ors or the character or capac,y Oh N, "a,
he ,Ieman Who received 'hs appoln.mru' r.
ay asks MAJ the Difec'or no;n Mppy in regard
nuled their rows, Of an, a6pan neS election nj