Daily Richmond times. [volume] (Richmond, Va.) 1849-1850, 1849-12-17
Monday Morning, Deer 18th, lS49,
DEBATE ON DISUNION.

the Union. In the present anomalous condition OF
that branch of Congress, we cannot but look with
the deepest anxiety to every manifestation of SEN
timent on the delicate subject of this discussion.
RICHMOND AND DANvILLE RAILROAD
COMPANY.
The Stockholders on Friday morning took up the
report b. Ld,CS and amendments were adopted in
sertng the clauses italicized in the following sentence:
No money depositedin any bank to the Companys
credit shall be drawn thereout except upon check pe
cJging its face the object for Uhtch it is drd,rn
signed by the clerk and countersigned by the President
or, in his absence, By the Vice PRESIDENT"
The new articles, recommended by the Committee on
By EdoS, and proposing new plan OF auditing the
Company's accounts were, on motion oil Mr.. Wtcher,
laid the table, to be taken up the general
meeting.
Mr. Chalmers, from the Committee on the Presi-
dents and Engineers Reports, presented report
The committee approve the Presidents recommended
daton that an application be made to the Legislature
for guaranty of the Company's bonds, to amount
sufficient to pay the difference between the cost Of the
heavy u and the light or flat bar rail. The sum sug-
gested as being amply adequate to this purpose is
$500 600 and the committee declare the opinion that the
interest this will not be more than half the
amount required for the annual repairs OF road con-
structed with the light rail.
The views of the President with regard to the
strucon of the branch road the coal wharves the
south side of James River, unanimously approved
by the committee and its early completion is earnestly
recommended.
The committee concur in the propriey OF the Compa-
Dy's taking to connect Its road by branch
line, with the Virginia and Tennessee Railroad, and
suggest the appointment OF committee to lay before
the Legislature petition for charter for the proposed
branch line.
The Chief Engineers report is commended as being
'cear and satisfactory upon all the points upon which it
treats They say, however, they would have preferred
his going rather more into detail.
In regard to the memorial from the citizens of Mil
ton N c., the committee represent that the importance
of the proposition it embraced strongly impressed
upon them; yet as the elements OF dscord upon the
question OF route have not yet entirely subsidized, and,
furthermore, the contract for the grading OF the upper
end OF the line has already been enterednto and
summated, the committee do not deem it advisable to
take any action upon the subject, further than to
mend to the favourable consideration of the Stock
holders Information has also been laid before the
mitee by the Chief Engineer, TO induce them to be-
eve that continuation OF line of the valley Of the
Dan River, will not be Inconsistent with the Cardinal
principle Of pursuing the most direct and eligible
inasmuch the distance will not be lengthened and
d
of $50 600"
Mr. N ] Palmer submitted minority report setting
forth the advantages Of locating the road along The
Dan River, and concluding with the following resolu-
ton:
"ReSoued, That in view of connection with the
proposed North Carolina Contra Railroad, at near
the of Greensboroug that the President and Di
be- and they hereby instructed locate the
road continue up the north side OF Dan River to
APPOINT oppositethe town of Milton, within half
mile OF Milton toll bridge, and from thence the most
direct and practicable route to Danvllle.
Col. George Townes moved to lay on the table so
much Of the Committees Report related TO changing
the line to approach Milton, North Carolina and
TO leave the subject with the Directory. And he pro-
ceeded to oppose the proposition, as being which the
Company had no right, under its charter to consider,
since involved the necessity OF going out OF the State
He referred also to the excitement which ordering the
proposed survey would along the line, and the
fact that stock had been subscribed under the beefhat
the road would be confined to State and
argued, farther, that the North Carolina connection
would be easily secured at Danvle as at Milton.
Mr.. Palmer defended the recommendations Of his
minority report He urged the greater probability of
ensuring the connection with the North Carolina Cen
trail Railroad, if the Milton route should be adopted
stated that Milton and its vicinity would guarantee
subscription Of $50 ooO that the route by the Dan River
short the route the hills, and the road
would be cheaply constructed if the former
chosen.
Mr. Laner opposed the Milton scheme with much
eanestness, conending particularly, that it involveda
departure from the companys repeatedly avowed policy
of pursuing the most eligible and direct route.
Mr.. Clifford moved an adjournment until four o'clock,
ahe meeting being thin and 1t being evident that bu
sness could be ted until the absorbing subject of
the election of officers disposed Of The motion was
adopted.
SATURDAY, Dec 18TH l849
Col Townes moved that the Presidents salary be re-
duced from $4,000 to $4,000
There was some discussion on this proposition
Messrs. Townes, Palmer, Wtcher, Lanier and Chal-
advocating the reduction and Messrs H. L.
Brooke HarYie and others opposing it. Mr.. Clifford
supported the reduction Difference to the views OF those
he represented but he considered the pay proposed
most niggardy.
MIR. Tunsall came forward and declared he would
cheerully accept the reduced salary, $780, 1.-THE
company thought proper to fix upon that TWAS
not the salary he said which he had chiefly in view
His great object prove that the Richmond and
DanviIle railroad was great and practicable scheme
There salary however he said, which he ven
turned say the stockholders ought to increase and
that was the salary Of the worthy aborious Clerk,
whose duties becoming daily more arduous He
declared that it would be entirely satisfactory 10 him to
have his own salary reduced and the Clerk increased
The motion to reduce the Presidents salary 10 $1,000
adopted-ayes l446 noes 33o-the State vote 100,
being cast in the affirmative, Richmond city repre-
sentedl
The subject of the expediency of locating the road
along the valley Of the Dan River pass opposite
Milton, N C., was then taken up, the question beugon
Col Townes' motion to lay the recommendations OF the
reports in relation to this point on the table.
Mr.. Barrett Of Milton addressed the company in ia
your of the proposed location.
There ensued long and interesting discussion OF this
subject which was terminated by general concurrence
IN Col Townes motion, which was in effect that the
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