The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1850-07-24

leigh, and Salisbury, allsmsielys Ffti
msFiing - lhs dFsl THURSDAY 10 luly'
The OGies 81 Secretary % BE- oonbiaed
for he present sah Ilal 81 'fTrssnrsr.
Engineers and other sEenls. 70 Be sp-
poinlrd 81 shs Esard q Directors Il such
prices faf ssrsic< as iiey may Ls sbis TO
sgree Spon. ~
Thrss s<ssrsls provisions. aud others
less Important. se$e discussed By Messrs.
Hill. Mordecai. Leach. james az Rown.
MeDnnald. Graham. Osborne. Boyden.
MOEehesd. apd lSsuadsp. The chief mat
sers in debate wsTe salaries OF the officers.
and the limitation &C the term 81 service
Of me Dneriors. me sciof q ssrmbIy max
ing II The duty Of The Stockholders 10 pre-
scribe the term nns more fhsn year. Cur
ing wl,irll the fsrst eel OF Directors shall
serve. The Presidents salery was Fixed Al
twenty-five hundred dollars. and his travel
ling expenses Tor jnurnies beyond ihe
Stale on me BUSINESS 81 rilc Company.
fhe Secretary and Treasurer gives
bond IN s.im 81 $4,000 and refeises .
salary Of sTz50. lie is % deposit all the
money az The Corporation in The Stale
Bank Al Raleigh aud the Cape Pear Bank
Al Salisbury. and Is mi 10 hald in his
hsnsls in rash more thar $4,000 II any one
lime. The made u making eonIrsrls-
OF aalhenlicaling The same-ol auihenii-
ealing rroxies-of conducting The business
Of The Company, are all PROVIDED for IN
the Bylaws.
A Resolution was offered hy Mr.. Gil
ner. which WAS amended BY Nj. Osborne,
no The effect that. the assurances made by
the several conveniicls which sal Al
Salisbury. Grrenslsbrodgh and Illlsho-
rough. IN regard 10 die payment Of siork
in work. and of giving preference TO stock
holders a, eqaai aud FIR prices in de
letting 81 contracts FOR work. materials,
DC, be recognized. and Ie-asserted BY
rihis meeting; which alier full and free
discussion was adopted.
A Resolution submitted by Mr.. Cole
matofC ahsrns. ordering the route through
Concord. Salisbury. Lexington. Greensbo.
rough a lIillsborougli. To be surveyed,
Was alopied SahoIt opposition or debate.
/ The meeting. afier The usual vote ol
thanks 10 the officers. adjourned al lale
hour on Friday evening.
MEETING or THE DiREcroRs.
Subsequent 10 The adjournment Of The
Stockholders. the Directors held meet
ing on Friday highland Saturday. at which
The following officers were appointed:
John M. Morphead. Pres't of lie Com.
John u. Kirkland, Treasurer.
Mai. Walter Gwynn, Chief Engineer.
These appointments are said to be good;
We know Gov. Mlorrhsa,l, and we are
satisfied none could be mere acceptable ID
The whole country.
We learn ino. that that Of Engineer up
on whom so much rests, could nnl he bet
tered. Major Gwynn has been in the
service Of lie Stale in draining the Swamp
Lands, and otherwise employed for seve
fal years. lie i. well known "a many
cIizens IN The East aud West. and ha'
the confidence Of The public in a feniar
kable degree. The Engineer is in fact
the umpire of all conflicting rights; and j
was due 10 The Stale. which is moi YET re-
presented. that v man Of tried ability ana
integrity should be chosen TO this respon-
sihle post.
/ We learn that the Surveys will he com
mcnced about 18Th Of August. and he pro
secuted vigorously. We learn that Their
will he three divisions Of the corps, on
Of which will assemble at Salisbury.
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