The miners' express. (Dubuque, Iowa) 1849-1854, 1852-05-12

| amount twenty dollars, without the advice and
/ consent Of the President OF the Company bein,
/ first obtained in wiring.
! THIRD Ofder,d That there is h Nv as
seSsed two dollars and fifty cents upan each
share OF the capital stock OF said Company to
be paid TO the Treasurer or To the local .lueG-
tor or Superintendent of one of the Divisions Of
| said Company, and BIZ them paid to the Treas
! urer And it is hereby expressly understood
that any payment upon the assessment hereby
made shall be credited TO the stock upon which
such payment is made, upon subsequent as
sessment which shall be made after an amend
men, to the charter shall be Obtained, as cen
templated by the resolution already adopted at
the present meeting of the Board, and that any
assessment paid as aforesaid shall be considered
as Il lean IN the event that it shall hereafter be-
come necessary TO assign or absolutely sell th'
property of said Company.
GA motion the report Of The Committee upon
the Presidents S message, together with the nr-
ders recommended by said Commute were
adopted by the Board Of Directors
On motion of MIR Voris it was
Resotred That the office OF "rhe Executive
Committee heretofore existing in this Com
pany, be, and the same is hereby abolished
On motion of Mr.. Eoris it was
Resoired, That the President have power 10
execute mortgages, deeds of trust, or to confess
judgements against the Company, whenever ii
may become necessary in his judgment to Sc
cure the creditors of this Company.
Ga motion of Mr.. Talco,t was
Res0ired, That willis. the offices Of Pres-
dent and Superintendent Of the Eastern Divis-
ion in one person he shall receive the SUN
Of FIVE hund ed dollars per annum, and the Su-
perintendant Of the Western Division shall re-
ceive the sum oftwo hundred dollars per annuui
II rtl,
hundred dollars per annum in compensation for
their services.
On motion it was
Ordered, That the Superintendent each
Division shall have complete and absolute con-
troll over the entire affairs, officers and employ
ees Of the Company, subject to the Order al
ready passed i'll relation to the creation of
debts.
On motion of Dr. Gillett it was
Ordcrcd, That the Directors of this Compa-
ny be allowed per diem OF two dollars while
attending the meeting, and that the members OF
the late Executive Committee be all.wed the
same per diem for the time they may have been
absent from home on the business OF this Com
pany Not to be paid, however, until there
shall be surplus fund to be divided among the
stockholders.
On motion of Mr.. Foote it was unanimousl; !;
Resolrcd, That vote of thanks is hereby
given to Francis Voris, Esq for the able and
impartial manner with which he has discharged
the duties Of the Office from which he has just
retired
Resotrcd, That Resolutions and Orders call
ed for by the President and adopted by the
Board Of Directors by Telegraph shall have as
binding force as if adopted in open meeting Of
TIE Board.
On motion OF MIR. Day it was
Bcsotred, That the Secretary is authoriz, d
and hereby instructed to have five hundred cop
les of the proceedings of this meeting printed
and forwarded to the Directors.
On motion of Mr.. Talcntt it was
! Ordered, That all Directors Of tlls Company
have the right to frank messages upon their pri
vate business over any part of the lines Of this
Company.
| On motion of MIR. Day it was
| Resofred, That the next semi annual meeting
| of the Board of Directors be held in the City
of ST. Louis.
| When on motion it was
Rcsotrcd, That this Board now adjourn sin.
| die.
l.. HOWELL, ScCretarY.