Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1850-11-22

CHARLOTTE, n c., Nov Is, 1850
GENTLEMEN With heartfelt gratitude, and
hope proper appreciation of your Kindness I ac-
knowledge the receipt of your favor in behalf of the
citizens of this district inviting to participate in
public dinner which their and your generosity,
more than any merit of my own, has prompted you
to tender.
1t would give me great pleasure at any time to
mngle socially with my fellow citizens and especial
" undor the circumstances which have attended the
present invitations but my duty to the State and the
high trust and confidence you have reposed in me,
urgently require that should repair to Raleigh i'm
mediately upon my release.
have probably already been detained from the
capital longer than is of advantage to your interest
While therefore, should be most happy to have the
pleasure of meeting you as proposed must for the
present respectfully decline
Accept gentlemen, my thanks for the honor ten
dered, and the manner in which you have communi-
Gated it, with every assurance of my high regard.
Yours truly, G. w. CALDWELL.
To Messrs. Johnston, Elms, Walker, Grier, Morris,
| Warning, and Davidson.
Wilmington s. Raleigh Railroad.
At the annual meeting of the Stockholders of the
Wilmington & Raleigh Railroad Co., held at Mason
ic Hall, Wilmington, on the 18th day of November,
1850:
Thursday, 10 o'clock, Il. N.
Col L. H B. Whitaker appointed Chairman,
and L. J. Fleming and j. Griswold Esqs., appointed
Secretaries.
On motion of VIM A. Wright, Esq, the Secreta-
ries were appointed u Committee to examine proxies
and to ascertain the amount of stock represented.
The Committee to examine proxies and to ascer-
tain the amount of stock represented reported that
there were shares of stock represented by in
dividuas and 5000 shares by DR.. F. J. HILL proxy
for the State There being majority of Stockhol-
ders, the meeting was declared duly organized.
Thursday Erening, 2 o'clotk P. II.
The meeting assembled, according to adjournment
! Gen. Alex. McRae read the annual Report of the
President and Directors of the Company
! On motion of Jas. J. Battle,
Resorcd That the Presidents Report be printed and that
Gen: Alex; McRae, Thos D. Meares Esq, and @ G. Pars
into effect at the earliest practical hour.
T The Report of the Investigating Committee was
read by G. j. McRee, Esq, when, on motion of T. D
Meares Esq, the said report is to be taken up to
morrow at 10 o'clock, A. NJ.
The following adopted
Resolved, That it be recommended to the Directors t.
transport over the line from this place Lime Plaster Mari
the Company.
The meeting adjourned to meet tomorrow at o.
clock, A. NJ.
) Friday Morning, 9 O'clock Il. d.
Stockholders met according to adjournment.
The hour of 10 o'clock having arrived, the order 0
the day, the report of the Committee of Examination
was taken up, and discussed. VIM. A Wright Esq.
remarked on various points in that Report and CAV
tway for motion to adjourn.
: The meeting then adjourned to meet at oclocl
G this afternoon.
Friday Euening, 2 o'clock.
MIR. Wright concluded his explanatory remarks
: G. J. McRee, ESQ., addressed the meeting on tn
ubject of the report of the Committee.
After some remarks by other gentlemen, the repor
of the Examining Committee was laid on the table.
, After attending to other matters the meetin
u adjourned to meet at o'clock tonight.
. Friday Night, O'Clock.
The meeting proceeded to the election of officers.
Gen. Alexander McRae reelected President.
The following gentlemen were reelected Directors
P K. DICKINSON, E. B. DUDLEY,
- GILBERT POTTER, o. G. PARSLEY,
VIM. A. WRIGHT, J. D. BELLAMY.
- A resolution was offered to divide per cent
4 the surplus balance of cash hand, among tn
Stockholders which is equal to per Ct on the Car
ital Stock.
This resolution was amended, on motion of Dr.
: J. Hill, as follows:
Reoired, That the available 900 should be
piled to the extnguhment of the debt of the Company
the President and Directors instructed to apply it to Il
Ii ofthe debt their judgment most condu
J. to the prosperity of the Company.
e The Stockholders separated under the influence
the most kind and friendly feelings, and niue
cheered by the fine prospects of the Road it's growt
in favor with the public and the faithful and ecer
u manner in which its concerns had been managed i
G those having charge of the same.