Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1852-02-23
YORK RIVER STEAM NAVIGATION COMPANY.


meeting of tie STOCKHOLDERS Of The YoI. River Steam
Navigation Company, Urganizad pursuant a
n.nr, NJ King ami Qdetn e. H on Monday, 9th FeoGaf!
as TIE appointment If IL Esrsry u. Roy TO me Chair and
ilr. Charles r. EvI!S Secretary.
Cpca notion Mssss Watkins and Gwathney (,he ugen,s
FOR Obtaining sub;cir,Ions) then made nrr reports.
Upon motion Of w.. Courtney, committee Of three
John Duval Sarn'l T. Heney AMI VIM P Courtney we're
appointed BY the Chair 10 dcat Constitution 10; Tie Coi'
parY.
While Committee retired Ihe meeting was agree'
W. Blsselt, OF Hanover.
Tic Committee marin! returned re?,reo tbe foi1wlas
Sonslituon which was adnp'el, Ia vii
PsEAMnLE.-"Vheeas TIE Advantages 10 be cerlrea BY
he tgoa OF country borterirg the York liver Ind is bu
t'"s, Ma'tpnr ana Panunky well Us The benefits which
w0nd accrue To The cities Of Baltimore and Norfolk lro::
the deduction OF steam navigatiun embracing these s-ve.
raj points only inviting und tcsi::bc cat also eas
biz and whereas is desirable lase such steps for the
attainment Of this cIcc most likely 10 lead 10 sue.
cess, il is
Resolved B. thu subscribers tho scheme organize
joint Stock Company under The following style and Con-
siitution:
ARTICLE |. This Company sh, be known BY the name
IT III" York River Steam Navigation Company.
ARTICLE I'LL shall be- the object Of the Company
's5lsh regular Intercourse by Steamboat Nlriga tun be-
tween some point points on the tributaries Of the York
river and cities oi the bay-lo he designated
hereafter by ;hc President and Directors touehing
such points each route as shall be found desirable and
practicable.
ARTICLE II-The Capit, Stock of lhe Company shall he
sum not exceeding Sixty Thousand Dulars each share Of
%hich shall be one hundred dollars and shall be deemed
sona property transferable In such the Bylaws
of said Company shai direct.
ARTICLE V-Thc Stoc&huklers of the Company person.
ally 10y PROXY, shall annually (by halcl eec President
and eight Directors being sockholdcrs manage the al
fairs Of IN Company, who shall hold their Office fur
and until others chusen in their place. shall be
directed by the Bylaws q! the Company. Should the
Stockholders fail at the annual appointment Tor the
purpose OF eIcctng Directors the Company shall not be- as
of such failure deemed To be dissolvcd but
the existing Directors shall appoint another day for The cleo
on notice Of not less than ten days In one or more oil
the newspapers OF the city OF Richmond
ARTICLE F-Thc President and four Directors shall con-
stirue quorum tor the transaction OF business. In the
absence Of the President, five Directors shall constitute
quorum for business after having chosen one for President
pro tempOrc.
It shall be the duty Of the President and Directors mp
point al officers and agents whlchtey shall e"n n"cessay
and they shall make and establish such Iws rules and re-
guations they may think proper and expeden touching
disposition ani Of the property estate and
effects Of the sai Company the transfer Z" shares the d'
Ties and conduct of their officers and agents. the meetings
nf the Directors and all matters whatsoever. which may
nppetain 10 the of the Company When any va.
iuncy s.a happen among the Directors, between the
ods Of the annn meetings. such vacancy shall be filled by
the remaining Directors.
Tho President and Directors may nil officers and
agents appointed BY ai appoint oilers 10 their place;
Provided TINT miHri'Y Il tic wo" Directors! agree in
such removals appointments.
ARTICLE YT.-In ali meetings pI In s ?cs;.o!ic icrs each
member or proxy shall be iow C.! or each share,
as far as Ave sh res aud additional Tor every hse
-nq.es over ana five; Provided, however, that
socshodcr whether individual body polite corporate,
shall be entitled than fifteen votes Oh any amount
III the capital stock Of ho said Company held by him or
them.
ARTICLE VI This Constitution shall be liable ut any
me any annual meeting, by vote Of two thirds OF the
Stockholders to any amendment which such majority may
deem desirable
On motion, G. ". Bassett was appointed 4 Committee
suic Legi gislaure amend The old cartt. ot the
York River Stelm Navigation Company, 10 suit this Com
pany.
Resolved That Wm. o. Gresham, VIM. P. Courtney and
Edward $ A:rer 5e appointed committee To confer win
M Wright Of the steamer Star, as 10 an? p!op"siioa ne
lay wish make, for the urheranco Of our scheme and
rtrDrt the result next meeting
Resolved That this Company hold its first annual meet
IN. at King William C. H. on Monday, the % u Frorra
~ which time and place, all of the Stockholders ars es
acuily requested attend in pe-on by proxy for the
1urposc OF e-cting the officers Of the Company.
Resolved, That The Richmond Wing and Enquirer be re-
stei publish the proceedings Of this meeting and that
the Norfolk and Baltimore papers be requested To copy the
81
The meeting then adjourned, to meet at King William
Court Houso 23d OF February next Chat being court
day.) BEVERLY u. hOf, Chairman
CHARLES r. EvASs, Secretary