Richmond daily times. [volume] (Richmond [Va.]) 1850-1853, 1851-01-14
JAMES RIVER AND KANAWHA COMPAl

JAMES RIVER AND KANAWHA COMPANY.
The Stockholders having reassembled in the Hall of
the House of Delegates, on Saturday evening the 18th
inst, the Rev. JOHN EARLY resumed the Chair, and
Chairman of the Committee of H. presented the folow
! ing report
The Committee to whom wasreerred the Presidents
repor and various other subjects, have had them under
consideration and recommend the Adoption OF 'le loi,
lowing resolutions; and ask that they may be INDUCED
with the consideration of subjects not reported on until
4 the adjourned meeting:
! l. Resolped That the Company accept the provisions
of the Acts of January IS and March 49, 1885, and the
President and Directors are hereby authorized, on behalf
of the Company, TO execute the securities required by
those Acts.
2 Resolped Thata Committee be appointed from
the AGRICULTURAL manufacturing and commercial inter-
ess Of the Stockholders OF this Company to revise the
tariff of tolls and report to the next annual meeting.
g. Resolved That in future, the books OF this Compa-
nv shall be balanced on the Both day of September and
the 3lst day Of March in each year, and be laid before
the Stockholders.
4. Resolped, That it is inexpedent to reduce the
tolls on the iron of the Virginia and Tennessee Rail
Road.
tlorzed to purchase slaves whenever the funds OF the
Company will justify the expenditure; and the slaves
thus purchased to be worked with skliul nasons as
oyerseers on such rock work as they may deem most
advisable, or otherwise, as circumstances may fehder ex-
pendent.
g. The special report OF the Chief Engineer in rela-
ton to the Judith Falls Dam has been carefully exam
ined and while with the lights before the committee,
thew do not discover any defect in the plan
ton Of that DAM yet as it is matter OF great interest 10
the State and to the private Stockholders, they recon-
mend the adoption or the following resolution:
Resolped, That committee Of five be appointed
whose duty it shall lie to visit the dam, and make
thorough enquiry into the plan oil the dam, the manner
in which the work has been executed, and enquire into
the cause of the breach OF the dam, and report to
adjourned meeting to ne hea on Weunesaay' me Syln
to employ ompeent Engineer to aid in the examine
ton.
On the memorial Of w M. Lockland and Others
from Buchanan and its vicinity,
T. The committee report that they have entered into
as full an examination of the records of the office, the
contracts The correspondence oil contractors, &c. IN
relation to the delay in the execution of the work
nbove Lynchburg their lime would permit, and report
the following result:
1t appears that The act providing means Tor the exc
cution of this work, passed in March, lS47, and the
granted were payable in instruments up to the
lst OF January 1850.
That until the meeting of the Stockholders in May,
l847 the corps of Engineers could not be organized.
That after this meeting the corps OF Engineers
promptly engaged and the location and preparation OF
the work tor contract was pressed with great zeal and
+ The work below the mouth OF the North River was
prepared for contracts and as much as possible was put
under contract in lS47
The work above the mouth of the North River
prepared for contract and steps taken to have it let to
contractors in December lS47.
funds prohbtedle letting OF the work above the mouth
of the North River in December. Atterward in Feb
ruary lS4S at adjourned meeting, the stockholders
authorized the work above the North River to be placed
under contract.
1t also here proper to mention that at the meetings
in December lS47 aud February 1913, the commit
lee of 10 entered into most careful examination OF
the plans and estimates OF the Eng neer and being OF
opinion that the snn appropriated would not be sulli-
Gent to complete the wo'k, unless cheaper plans OF
some oil the works adopted, strongly urged on
the Chief Engineer to change his plans and adopt
cheaper modes OF executing the works where it
consistent with security TO do
In Difference to this opinion OF the Committee the
Chief Engineer agreed that he would modify his plans
wherever he could thereby diminish the expense with
sacrificing the security OF the work. but at the
time he stated if the means of the Company would
permit, he would prefer the plans reported by him.
This obligation diminish as far possible, the
expense OF construction by economical changes from
time time, the execution OF the work, produced
in the execution OF the work changes in tho plan
of work but which, however, have produced
any serious delay in the execution of the work
assAIler the works put under contract abundant
whence afforded thathe President and Directors and
the Engineers held most vigilant superinlendance
over the execution of the contracts.
Bot Notwithstanding their most strenuous efforts,
many of the contracts were abandoned and others
have been executed only by the aid OF the Company,
from time TO time carefully extended to the contrac-
tors, whose means without snch aid inadequate
to The completion OF their constructs.
And whether the contracts were declared abandon
ed extended and the contractor aided by thh Com
pany to complete his work. it seems to have been the
object Of the officers to the Company secure the
completion of the work at the earliest possible time.
within the time limited. The committee are satisfied
this delay has not arisen from the want OF vigilance
and enemy onghe part OF the President aud Directors
and Engineers but has resulted from the mad equa e
OF most of the contractors and their inability to
command the necessary labour and supplies:
The Reports of the President and Chief Engineer
manifest anxious desire to execute the " DIRK at
early day, and express the hope and in some cases the
confident expectation, that the work would be done
before the present time But these expressions are al
ways coupled with statement OF the difficulties to be
encountered and do not amount to promise to COM
plete the work at any given time Nor do they fur
nish any evidence OF want OF desire and exertion to
complete the work as early as practicable.
1t also appears by the contracts for the heavy dams
the river the contractors did not stpulae to finish
the work before the lst OF January, 1850.
In conclusion, the committee believe that the delay
in the completion OF the works not attributable to the
officers of the Company and they ask to be discharg-
ed from the further consideration of the memorial.
Respectfully submitted
JOHN EARLY, Chairman.
Mr.. Reins proposed to amend the 9Th resolution by
striking out the last clause and inserting the following
ResOlped. That the committee be required to extend
their examination to the works between Lynchburg
and Buchanan, and report in relation to the Of
delay in the execution oil the work.
After considerable discussion as TO the expedency OF
this amended examination, the motion was los-ayes
~, noes 49l4.
luton to the committee OF IA with instructions to
ceve and consider all complaints that might be made,
and report the adjourned meeting OF the stocklod
On motion of Mr.. Pendleton,
Resolued That it be referred to the committee of
fourteen enquire into the expendency of authorizing
the President and Directors OF the James River and Kan
awa company to apply the legislature for authori-
ty carry on and regulate the transportation of pas
sengers on the line of their improvement.
The following resolution offered by Mr.. Lyons,
and on his motion laid on the table until the meeting
of the stockholders on the 29th inst.
Kcsolued, That the Canal should be terminated at
Covngton and Railroad constructed from that point
to the Ohio,--and that committee be appointed to
ask of the Legislature such appropriation may be
necessary Tor the construction of said Rail Road.
On motion OF Mr.. Pendeton,
The meeting adjourned.
esr 'FLETCHER'S HAIR TONIC is the best