Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1851-11-19
From The Dnnn lille Reeister.
MEETING OF THE sToCKHOLDERs

Pursuant TO adjournment the Stockholders of the
Richmond and Danvllle Railroad convenedip this place
"Wednesday the 18th instant, and remained in ses-
sion two days. We regret that other engagements
| prevented US from being constantly present upon
| the meeting of the stockholders; out Notwithstanding
our inability do So we are enabled bv the kindness
| of the Secretaries to furnish readers with the
| following brlet synopsis OF its proceedings.
| But little, save organization and the appoint
ment Of commtees' wasdone upon the first day. The
organization was effected by the appointment OF
Geo Harston, ESQ. of Henry Presidents a Buford
Esq Of Plttsylvanla and II Lester Esq., OF Danville
Secretaries Immediately ~, after the organizaton,
Dr. Thos T Atkinson aad Il e Hon VIM M Treadway oi
INDanvie, were appointed 10 report 10 the meet.
ing the amount OF stock represented by proxy. Du-
ring the retirement OF the COMMITTEES, the Pres dent of
the Company Submitted his annual report, and also
read the reports OF the Chief Engineer and Treasurer
the two first OF which published in our issue of to.
day
A the evening session, the committee upon proxies
reported that 1856 shares represented by proxy
and 29l in person. making the full number of shares
represented 1857 being IA votes more than necessary
to constitute quorum.
In pursuance of resolution offered by Dl. Akin
son OF Danvl!Ie committee, composed of DR.. Al
kinson. Mr.. Watkins OF Richmond, Mr. Martin of
Henry, Mr. Ried of Charlotte, MIR. Stovall of Halifax
Mr. Witcher OF Pittsylvanla, Messrs Price. Suther,
lin and Law OF Danvllle, Mr.. Williamson of Caswell
N. C., Mr.. Harvie of Amelia and Mr.. Price of Cas-,
well, N. G were appointed ':to take into consdera-
ton the present condition, and report to the meeting
a. its earliest practicable moment, the best means Of
procuring additional subscriptions the capital stock
o; the company"
Upon the second day, Mr.. Smith, Chairman of the
Committee upon Accounts reported that the Com
mlttee was not ena bed to go inlo minute examna-
ton of the Books, but SO far as enabled to examine
them they have been kept with neatness and accura-
cy. This report unanimously adopted at the eve
ming session,
Judge Taliaterro, from the Committee on Reports,
reported that, the $4,000 enttlIng the Company 10 the
$50 900 subscription referred the Presidents report
had been secured under its provision by private sub.
scrptIon Though t.does not appear that anv Dor.
ton OF the additional capital authorized by the late
Sc slon OF the Legislature has been taken The Com.
mlttee, however no wlthstanding the failure of the
County subscriptions 'had no want of confidence that
he additional stock will be raised when efficient and
energetic means resorted to-" The Committee
also reported that the o. $1,000 more than its ex
penses, had been realized by the Company from the
revenue derived from the small portion Of the road so
lately nut in operation. The report concludes with
the FOL owing resolution:
Resolved, That the most efficient means be re.
sorted to, to raise speedily practicable the add.
tional capital authorized by the legislature" The re-
porn was unanimously adopted.
Mr. Giles from the committee on By Laws recon-
mended, that the following clause be added the Eth
BY Law: "l any OF more persons appointed to
constitu such committee shall fail refuse 10 act
the Board OF Directors shall appoint more stock
holders to I'll The vacancy or vacancies occasoned
th9rebyt. The committee Accounts is the committee
re lerred TO in the Eth Bylaw
Mr. w tcher offered the following substitute 10 the
report which was adopted: ANY more OF the
pc sons appointed to constitute the said committee and
!
vacancies occurring in said committee, and fall per-
shall fail or refuse TO act the State proxy shall
appoint committee to discharge the duties contem.
plated by this Bylaw"
On motion of Mr.. Dennis of Charlotte the stock.
holders aulhorzedthe Board OF Directors accept the
subscription made in Charlotte and upon the Charlotte
list, with instructions to apply it and the States quota
dependent thereon TO the extension and complexion of
the road from the Western terminus of CalIaway's
contract to the Stanton river.
Messrs B. W. Richardson, Reid and Thomas M
Smyth OF Richmond were appointed the standing COM
mtee on accounts. Upon the first day of the meet
ing, letter from Mr.. Richardson, chairman of the
committee on accounts, was read in which he stated
that IN consequence OF the resignation of one member
OF tile committees and the other beng appointed Dr.
rector, he was unable TO present its annual reportI
Dr Atkinson, chairman OF the committee upon the
condton 1.-THE Company, reported that the committee
was informed that $4,000 were wanted to comnIete
the road TO Saunon river and to the existing en-.
gagements, including the contract OF Col. Townes
upon the Western terminus of the line 10 procure
which, the committee recommends the appointment of
agents. IN the various counties having interest in the
construction OF the road the duty OF whom it shall be
! to procure subscriptions to the capital stock of the
Company, upon condition that not less than $50 900
shall be thus obtained. The said subscriptions to be
paid In the quarterly instruments not amounting to
more than % per cent; and the said agents TO be al
lowed q per cent upon the actually received
upon the subscriptions obtained by them The COM
mttee, further recommended that stockholders pre-
sent increase their own subscriptions, and exert them
selves TO subscriptions from Others than stock.
holders so that the Board oil Directors may be en- abed
during the approaching December, 10 put the portion
OF the road from keysVll3e TO Sauntoa river, under
contract, and not await The tardy actsn of the coun-
ties In their corporate capacities The report was
UNANIMOUSLY adopted
AT the evening session the meeting proceedcd to the
election of officers, which resulted the unanimous
choice OF Whitmel Tunsall OF PItlsyvania for Pre-.
sden A. f. D. Clifford of Chesterfield Vice President;
Isaac Davenport ct Richmond, Director.
Voe Of thanks rendered the officers OF the
Methodist Church. and the Order of Odd Fellows, for
the OF their houses and the officers of the meeting
|
Bret and appropriate addresses OF thanks to the
stockholders made by Mr.. Tunstall, the Presi-
dent of the Company, and Nj. Hairsion, President of
| the meeting
| The meeting then adjourned to meet in Rich
! mond the I'd "Wednesday in December, 1852.
The attendance upon the meeting was large Its de-
| iheralons ere enlyened with free discussion and
interchange OF opinions upon the subjects before ii, in
which Mr. Watkins, OF Richmond Mr. Havie oi
Amelia, Mr. Stogs OF Halifax, Mr.. Giles OF Rich
mond Mr.. Clifford oil Che tertied, Mr.. Witcher OF
Ptsylvana and Others participated The finest feeling
and pert CT harmony prevailed during It's deliberations
During the meetIng effort Wss made to add to
the subscriptions TO the stock of the Company and
although il only paftl lily sful, there were
eYnced spirit and determlna on the part OF the
stockholders, which ausuls well directed eXerlioLs
and success the future.
Paple, AIache Chlnch.-There is "a church actually
existing near Bergen which cOntaa nearly 1000
persons. Ii circular within, oCtag0nal without
The relieves outside and The statues Within the roof
he ceiling, The CoHaihlan capitals are all OF papier