The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1850-01-11
To the Citizens OF Nort.s-Caro.


the Convention held ~ Gfeensborough ON the
29ih ulI'no, TO address the People of the
s'a,e, and OF urging most earnestly. your co.
epera,lon, 10 order TO secure the Charter
granted by the last General Assenitl, 10 The
North Carolina Rail Road Company "-ve
shall, as we think, most usefuiy disSharrs
this duty, by simply explaiu,Rg the acti6n.
the present condition Of things, aud vha, il
i positively necessary, IN order 10 organ ze the
Company snd carry cut the views aud re-
Communications Of the Convention. for the
accomplishment Of this great Stale improve.
meRt
The Ac' granting The Charter, recuites
subscription on The part of individuals of Gao
Wilton OF Dollars. and the pay ment Of the
fiss, ins,a!men, Of five dollars per share. he,
the Company shall he regarded as roimed.
and the Stakeholder. nre authorized to pro.
coed 10 the election oi Board of ~ Drec.
tors, who arc to elect President and have
The genera management Of the alf!irs OF The
Company. Whenever the Presidon, shall
cause i 10 br certified, upoer tie seal or The
said Company, thsl oue million Of dollars
have been snhtcuhed, AID al leas! five hun.
dfed thousand dollars q stock actually paid
III, there is to he subscribed in brbal; of the
State, two nllll~n Of d,llafs to 'hc cnpila! Of
said Company. At Tie fccant rnreiinr of
Ihs Consehton, II was ascerlained that up.
wards oi two hundred thousand dollars of the
stock had been taken; whereupon, in order
10 secure the auluuu, HecessaTy 10 make uo
the one million, II was resolved bv the Con.
vsn,,on "ihat The President and Directors.
10 letting cui cottrDcis for work and mate.
rlals, shall, IN all Cases, give a preference to
such Stoc AhOiders as may propose or desire
10 become Contractors. After The adoption
Of this Resolution, it was proposed hat
company Of one hundred parsons should take
whatever mig III l-'rsin unsubsctiheh If lha
one million OF stock, aud thus secure ihe
Charter TO certainty. And we are hurry
TO inform you, that 81 names have sirc.jy
been subscribed, requiring only 40 mose eeu-
,iemeh OF equal spirlt, to pul tho mater bc-
you'd all doubt
S.hce The ADJOURNMENT Of the Cobyanlinn.
as we hear, some twenty or thirty thousand
dollars have been taken in Aamauce and n.
iher places, and II now renGiLs TO be seen If
the 40 gentlemen, with tho aid of the posi-.
I'VE subscriptions, cannot be found in the
State, 10 take ,he haaAcc We tlal,er cur.
selves, the question has only n be stated to
he answered aiiir,lllyely. To cfrct I'm,
olysct, und Ia give every possible Information
on the subject, Rail Road Conventions mo 10
be held III the respective CQuuties tbrourh
+" hch The Road is expected to pass, whch
.tI be attended BY several intelligcn, gentle.
men. and to which all are invited who NAV
lake an interest in the matter. And as this
may be considered as the last gtea, effort for
the Improvement Of the internal condition
OF the State, wc confidently appeal to one
and ell, who claim 10 BE- North Caroinians.
aud who fctl any concern fo, The elevation
OF her character and the promotion of her
prosperity, 10 come 10 our aid IN the accom-.
PlIshmenl OF this great undertaking. We
hspestly telieve those who may subscribe or
wao may consent to become one of The Com.
papy of one hundred for taking the unsub.
scrbed stock, can run no possible risk of loss
or be pul to the leas, Inconvenience, beyond
The payment of the five dollars on the share
and The lending of their credit to the concern.
W say this, as we doubt not that the Board
OF Directors will in good faith, carry out The
resolve of The Convention in giving to the
Stockholders the contracts, or of allowing
those who may not desire them, 10 transfer
thsir stock, III part al least, to such as NAV
u lsh TO become contractors. This plan has
been adopted by ether Companies and has
been found to operate most advantaceousiy.
In conclusion, we tell you the spirit Of in.
provem-n, by means of Rail Rouds is abroad,
amongst our sister States, that the utility of
the system is not only established by the ex.
peritnce Of the prudent and practical, but
It's necessity is rendered absolutely indispens.
able 10 ell who desire or expect to par.
ticipa'e in the advantages Of an early and
certain market. We appeal then with grea,
confidence 10 your interest as well as your
patriotism, to exert yourselves in behalf Of a
measure which promises so much for the
Stale, BY stopIng the tide Of emigration, now
carrying off SO rapidly our most intelligent
and enlerprising citizens, and which shall
vndica,o the wisdom of the Legislature in
its support Of iudicinus system Of internal
improvements, aud Gauss every native son to
feel pride in claiming 10 be North Caro-.
linian.
r. NJ. SAUNDERS,
ALEXANDER NcRAE,
JAMES GRlSWOLD,
JOHN Mcleod,
WIN. A. GRAHAM.
BENZ. TROLLlNGER,
NJ NOR EHEAD