Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1850-12-02
9 O'clock, THURSDAY MORNING.

2Sih Nysmher. 1850.
The meeng Convened pursuant to adjournment IN
yesterday aud quorum being present in person and by
proxy was ca led Ii order by the chairman.
The proceedings of The meeting yes etday
read and approved.
Mr.. Mosby, chairman of the committee, appointed 10
consider and report upon the Presidents report and ac
cmpanyug docu nenis, submitted their report and
commend the following resolutions, hich were sly.
eaIy voted upon and unanimously ad Pied except The
lth resolution. Ia which there were few dissenting
voices, and are as fellows:
|. Resolved. That the Stockholders do in accordance
10 the recommendations of he President and Directors.
hereby acrep the amended provisions Of the Gener5
IL II Road l.aw,'o be found in the Code Of Vlraol.
50 lar as The same may be applicable II the charter otho
Virginia and Tennessee Rail Road Company
Z. Resolved, That The financial affairs Of this Com
panv appear to have been prudetly and elicieny ad
mni'tercd. during The past fiscal year.
o Resolved, That in accordance with the request of
the Board q" Public Works, the fiscal wear of this Cou,-
Pany shall IN future terminate III 30h day If Sep
lenbcr in each yea,
a, Resolved. lha, whist they disclaim any purpose
10 come IN co lic with he authorities # the State the
Sockholders are rained differ with the Boafd OF
tuhc urks IN The construction of the l5h section ot
lhe Doth chapter of the code of Virgna and cnns
eng hat the sub>crp'i on behalf of the Sale al-
horzes the said Board to appoint han two Dl-
rec'or this meeting will proceed 10 elect three Directors
on behalf Of the Stockholders, other than the Safe ir
the ensueing year.
5. The Prrsden, and Directors having communica-
ted the following reqHest, received from the Board Of
Public Works. i. e.. chat thorough survey be mad
with view OF rtlnng the best practical route for
ne extension OF the said road west of New River.
Resolved, hat the Sockh lders approve Of the ac-
ton Of the President and Dipclos in relation t. the sid
request and are confident that The reasons adduced in
The RIP 1T # The Pre- den and Chief Engineer vii sat.
Sy the said Board that The object Of their request has
been substantially complied with.
o. Resolved, That we approve # The entire cation
o The road to the Tennessee line adnned Board
OLD rccrors
9TH. Resolved, Fiat we approve of the letting to New
River ana NythrvilIr as advert SD t. take place the
4th Of December, and are of opinion that in accordance
with the policy indicated by The 9Th respinron, Of the
Stockholders at their last ANIMAL meeting the President
aud Directors ought in their discretion apply the
sources Of the Company, TO extend the road IA
pdy as practicable TO lis terminus the Tenn,
line.
Sth. Resolved, That tie reports made to the Stock
holders, indicate that the affairs of the Company, areln
prosper us condition, and TINT the President and Direc
tors the Principal Eng and Corps of Engineers
entitled 10 the thanks Of the Com any, fr the ability aad
fidelity, with which they have dis hargad the trust en-
fded them.
On motion of c. T.. Noisy, Esq,
ReSolved. That along with the proceedings of TINS
meeting five thousand copies Of the reports of the Presl'
dent and Chef Engineer With he accom- panying don-
ments be printed in plmrhlt form for circulation, And
lhS speech recently delivered in the City of Richmond
by the Chi1t Engineer be added therein.
Resolved. That committee of four members be ap-
pointed to Communicate to the Board of Public Works
he reasons Of this meeting for the adoption of the Attn
resolution
The Chairman appointed Messrs. e. l.. Mosby, Wm.
NJ Burwell. Joseph II. Anderson ard John Nj. Sped,
10 be of said committee
lOn motion of MIR. Deane the Chairman of this meet
ing was added To the committee.
On motion of G. Dabney. ESQ.,
The meeting then proceeded to elect President and
hee Directors for the ensurng year, when Gen. odln
e. Clay unanimously elected President, and Aessr
Henry Davis, John Il bin Mcdaniel and THOMAS J.