North Carolina standard. [volume] (Raleigh, N.C.) 1850-1852, 1851-09-20
For the Standard. z.-l.a
Raleigh and CASTOR Rail Road.

The adjourned meeting of Subscribers of Stock ia
the Raleigh and Castor Rail Road met in Warrentor
the 18th instant pursuant TO adjournment at Shoccc
Springs, and was organized by calling WIN. Boylan
Esq. 10 the Chair, and appointing Edwin D. Drake
and James II. Moore as Secretaries. -
On motion, a Committee of five, consisting OF Gen.
r. NJ. Saunders, John d. Hawkins, N. Il. Green,
H. d. Bird and John S. Eaton, Esq was appointed
to ascertain the amount of Stock subscribed to the
time of this meeting.
The Committee after retiring for the purpose oil
comparing the Books OF Subscription, returned and
reported-through their Chairman, Gen. r. NJ. Saun.
ders-the entire amount subscribed to be 1907, 300
leaving deficit the necessary amount, of $92 700.
On motion, the meeting adjourned 10 O'Clock.
FouR O'CLOCK, p. M.
The meeting was called to order by the Chairman.
The Committee appointed this morning to ascertain
the amount of Stock subscribed, made further re-
port. stating that additional sum of 1913 300 had
been subscribed since the adjournment this morning,
still leaving deficit of $69, AGO. and that the Com
mlttee were in zpectatIon of favorable intelligence
from Norfolk by the arrival of to-morrow's train of
Cars, when they would be prepared to make fur
Their report.
The meeting was adjourned to meet at 10 o'clock
tomorrow. During the morning and evening ses-
sions' addresses were delivered by the Hon. w. N.
Edwards, Gen. Saunders, G.. w. Mordecai, Esq. and
others.
SATURDAY MoRN1Ne THE 13th-IO O'clock.
The meeting met pursuant to adjournment, and was
called to order by the Chairman.
Gen. Saunders as Chairman of the Committee ap-
pointed yesterday to ascertain the amount Of Stock
subscribed, reported that the entire amount of Stock
l$4OO, OO0) required by the act of Incorporation
had been subscribed; Norfolk, Petersburg, Warren
and James Dunlop, as Agent on the part OF an Iron
ComPany-Crutwell,A Allies. & Co.-subscribing the
S69,4OO. the reported deficit yesterday. An agree
ment was then entered into with Mr.. Dunlop for
$500, 1000 worth of Iron of the bridge pattern,
be delivered either at City Point Portsmouth,
may be determined upon hereafter; of which he was
to have 90 days notice from the date of this meeting
The same Committee above, being appointed
for the purpose of examining the number of shares
represented by proxy or in person, reported 1922
shares represented in person-entitled 757 votes
and by proxy 2142 shares-enritled to 1899 votes !;
being majority of the whole number of shares sub
scribed.
w. N. Edwards presented his Commission as the
representative the State which was recognized and
he took his seat.
The meeting adjourned to 8 o'clock.
THREE O'CLOCK, M.
The meeting met and was called to order.
Committee Of three, consisting of Geo. w. Nor
decal, K M. Saunders, and John H. Bryan, Esq.
appointed to draft Rules and Regulations for the
temporary government of the Company.
The Committee having retired for some time for
ing of nine Sections. which were read the first time
for information, and then, on Llotion, were read
sereatim. and put to the meeting. and were unani-
mousy sustained, with the exception of the 9Th, to
which amendment was offered, but not being sus-
tanned upon ballot, the original Section again
submitted, and passed by large vote.
john >. Eaton, w. w. NdSS, and John u. Hing,
Directors the part of the State, being present, and
recognized such, permitted to take their seats
The meeting then went into an election of four
Directors on the part of the Stockholders, and on
ballot being taken by Tellers, the following gentle
men were declared to be duly elected viz Geo. W.
Mordecai, H. D. Bird, Thos. Miller, and Nathaniel
T. Green, Esq'rs.
Resolred, That the thanks of this meeting, of the
public gereray and those of the Stockholders par
ticuary, duel and they hereby rendered TO Gen.
Saunders for his energetic and untring devotion and
services in aid Of the reorganization of the Raleigh
and CASTOR Rail Road Company.
Resolved, That the proceedings of this meeting be
signed by the Chairman and Secretary, and publish
ed in the Raleigh, Warrenton, Petersburg, and Nor
folk papers.
ResoiDed, That the thanks of this meeting he, and
rendered the Chairman and Secretaries for the
faithful performance Of their arduous duties.
On motion, the meeting adjourned, to meet in
Henderson the End Wednesday of January next,
(ls5s.)
WIN. BOYLAN, Chairman.
F. p. 1 2aaKE' Secretaries.