Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1851-01-09

The stockholders Of the JAMES River and Kapawha
Company assembled at ihe Company office, on Tues
day evening, in unusually large number hold their
adjourned annual meeting. The Rev. Jno. early was
called to the Chair, and the follow ing
tanned 10 be present:
Bank Of Virginia. ,009
City OF Richmond. ACKNOWLEDGEMENTS 3
Corporation of Lynchburg. .............l43
Individual vote by Proxy ...........l jay
DO IN person. .4oI
State OF Virginia. AL
5,2o5
The proxies present the part Of the State were
Messls. o. n. Ctptchfeld. OF spottsylvania, A. G,
Pendletou, oil Giles, aud Harold Smyth, of Wythe.
The President of the Company read his annual re-
port prepared for the December meeting, with brlet
addition, stating that nothing OF peculiar interest to the
OF the Company had occurred since its prepa-
ration, save the disaster TO Judith Dam in regard to
which he presented and read special report from the
Chief Engineer with several accompanying papers.
On motion Of Mr.. Crutchficd, the Presidents report
and Other documents referred TO committee Of
l3, which was constituted by the Chair as follows:
o. M. Crutcheld r. G. Morris
A. S. Pendleon Isaac Davenport
ii. Smyth Lewis Webb
JOS M Darlington s. Med. Reid
j. J. London Jos Ii. Anderson
VIM H. Macfarand Charles Yancey
5. s. Baxter
The Chairman, Rev. Jno. Early, was on motion adj
ded to the committee and appointed Chairman ofit.
memorial was presented from the President and
Directors Of the Virginia and Tennessee Railroad Com
pany asking that the iron rails for that railroad may be
transported on the canal free Of toll else be subject
ed to the lowest grade Of tos-reerred to the commit
tee of l3.
Mr.. JOHN T. ANDERSON presented memorial from
ola Of md
demanding the for, the continued posponement
of the completion of the work to Buchanan. The pa
per also contained structures upon the officers OF
the Company, aud especially in connection with the
late injury to Judith DAM Mr. A. represented that the
complaints in the upper country general and urg-
ed the proprety of rigid investigation into all the
matters involved.
Mr. SsIYTH moved that special committee be ap-
pointed to investigate the of the disaster u
dith DAM
Mr.. BAXTER urged that the memorial be referred to
the regular committee, as all the materials for the in
vestigation were on file in the office, and Mr., SAyrH
assented to the suggestion.
discussion of some leng tn ensued, with efeenee
to the complaints Of the memorial between Mr.. BAx-
TER and Mr.. ANDERSON. The latter expressed his en-
tire confidence in the President and Chief Engineer,
but insisted that there cause of eensure somewhere
He declared himself an ardent friend of the improve
ment and of the extension OF the water line to the
Ohio
The memorial referred to the committee Of Is.
Mr. RICHARD RENs, offered the following resolutions
which were referred to the same committee:
Rcsolred, That the salary Of the Chief Engineer
shalbe S--per annum so as to enable him 10 devote
his constant and undivided attention and experience
to the line OF the improvement.
ReSoigcd, hat committee OF three members oil the
Board of Directors of whom the President shall be one
shall visit tie line OF improvement least iour times
10 each year.
On motion, it was resolved that when the Company
adjourned it should adjourn meet in the Hall OF the
House oil Delegates.
Mr.. PENDLEroN offered proposition that the Le-
gislature be asked to give the Company authority TO
place line OF passenger boats upon the Canal. With
Mr.. P.'s consent, the proposition modified by
Mr.. Crntchfield as to read as follows
Resoyoed, That the P resident and Directors be re-
quested apply the Legislature for authority to car
ry and regulate the transportation OF passengers
the line OF the improvement.
Mr. BAXTER aud Mr.. GEO. N. JOHNSON opposed the
departure from the charter which this resolution pro-
posed, and contended that the true policy Of the Com
pany to keep its improvement free public high
way.
Mr.. EARLY, Mr.. CRUTcHFIELD and Mr.. PENDIEToN
advocated the resolution as being necessary enable
the Company to retain the travel on the Canal
Mr. BAXTER moved to strike out from the resolution
the words carry and" so as TO limit the authority
ashed Tor to the mere regulation of the transportation
ofpassengers
The vote being taken at very late hour, resulted:
ayes 2 66S, noes ,S66--which was no quorum
The meeting then dourned until Thursday eve ming
al u O'clock