Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1853-06-24
~ CrrNIcIsBURG AND POTOMAC

r,. ,vc repubsh the late Interesting pro-
d.. ~ III. stockholders OF this company. WV"
-, u,;.s u. are pleased 10 Sno" 'na' 'he cap'a'
.l If In. company STANDS uh'"pa''eu :" no "
, .lue and yielding regularly 10 'he ''a'c uh"
| ,.rholJers satisfactory dividcnds IL Is great
:, >, IN, credit of The company III vie" OF Inc many
I rood disasters throughout the country tha OF Inc mil
of messengers who have been taken over s toau moi
, If, has been lost With the Times also
neialy pleased TO from The proceedings ha me pec
s are clothed with the power 10 relay their track with
-. 80, and it.wise 10 take into consideration the
,n,,ad connection of their road with the Orange and
Road al or near the intersection of the lulter
w;,b rho road of the Manassas Gap Company Let their
scheme b. but consummated, and Richmond Will have
connection with the Valley Of Virginia al lis richest and
choicest pont the beneficial results OF which viii be almost
beyond computation.
RICHMOND FREDERICKSBURG AND POTOMAC
RAIL ROAD.
,.nt,b Annual Mestiag Of The Stockholders held sOth
May 1853
There no, being quorum Of the Stockholders present at
| the appointed hour on motion iiauo anu '0A' VIC 'o''
lowing resolution was ac0piee ,,.,, = -,
Resolved Tina, an adjourned meeting be hed on Friday,
Sd June and that the Treasurer PUBLISH ho.e asIoainsy
tt t ~ lime 1853 at l2T O'clock, by calling
m los NJ SLeupard TO the Chair and the appointment OF
~ nv ha nnoIeJ Msssrs James Boshcr, Writ Robin
on and Ed r. Morris committee 10 examine such proxies
as may have been given by mem
rho rsnoTt Of the committee properly authorized were
empowered 10 vote as such. e,,,
The Secretary having called over Inc list Oh
. nrearad thai the whole number vi votes ~nch could be
oiven was 1885 votes Of which were present individual
Stockholders entitled 1865 votes Inc Stale was not re-
presented on this occasion. .u
| The presiden, and irectors made the following
| ANNUAL REPORT.
The Board of Directors herewith submit TO the Stockhod
ers tho usual tabular statements showing Tue Gonuoh OF
and
Ing the 3lst OF March last s. ,hoo.. :,
II will be sesn from them that the revenue OF me roaa du-
nn The Las, wear ched OF s254 and mat The
nsss Including the cost of two locomotive engines
and tenders and additional coaches rendered
by the daily mail lne and new oepn anu n
DER office al Fredericksburg amounting 10 Sl4 ~ ieap-
nr balance Of hundred and thirteen thousand Two nun
dred and 6y.sx dollars and wenty.eight cents out oil
this balance Board Of Directors have been enaoe aver
erino all charges OF interest," pay the usual dividend OF
seven per cent to the Stockholders and 10 aoo he sum Oh
twenty thousand five hundred and dollars and ioywo
cents to the contingent fund. This last II WIN De per
ceyed amounts the sum OF one hundred and seven,
t,two thousand six hundred and eghy'iour oo'iats ana
fourteen cents. ,,o; ,, ,, ;,
The stockholders their intention 10 institute new action
against The use of the Virginia Central Kali Road for rapel
and expressed their confidence that In such an acton e
decision OF the Supreme Court f the case should De car
ried so ar will be their favor The suit which It was
then their purpose commence IS now IN progress ana t
Hoard OF directors entertained abiding confidence In
Justice though long delayed being al as rendered 70 ls
company ~. ,..,,I .,,. .. a..
In conclusion the Board OF Directors would remark ina
their road and machinery in the best condition. and hat
The business Of the road continues 10 DO conducted with re-
pulay and Dispatch The stockholders are aware That Inc
Of their road Originally light nat bar s no."
substituted throughout its whole extent by heavy plate
rail- 2s inches wide by OF an men thlck ihis super
structure amply adequate to th present business OF Inc
ond Should the business OF the road increase as The Board
of Directors have hope VIII be the policy OF the
Board gradually substitute the supestructure b
heavy edge rail- The substitution can De made In ms mooe
as iron aud materials wanted for repairs out OF the In
come and contingent fund of Ire company without me 1883
and without mourning Indebtedness which would be re-
quse any other plan, and without hazadlng 'he pay
ment of regular dividends To tie stockholders
Respectfully submitted on behalf and by order Of The
Board Of Directors ~ RobiEooN, PRESIDENT.
Orptcy RlcHMp FREp'a & p. 4. X. Co.,
| RICHMOND, NAY % 1853.
On motion Inc foregoing report was received and unan
mously approved.
The Committee OF EXAMINATION than presented their re
port the Stockholders which was read ana approved
They report that they have made careful examination Of The
road depo, workshops machinery and hzures, and and
them in the general excellent order Since the last meet
inc OF the Stockholders besides the ordinary repairs 10 the
machinery snd the building burhen there have been
turned ont from the shops the Company first class pas
senper car and engine w:h 10 the opinion OF The Commit
Tee would do credit any shop The COMMITTEE ai'' ors'
honorab testimony the ZEAL energy and industry "h
mark the conduct Of the Agents of the Company IN oil he
deren, departments Of business connected there~h ana
conclude with the following Recommendation: y our oo'h-
m,tee being fully convinced OF the great superiority oil Inc
solid bar over the fiat bar for rail- road on the score
safety speed I'd, and &c me- Xadhs GgS and nf
the probably necessity for the eayng of our road at no very
da respectfully ccoEmend to the Stockholders the
propriey Of commanding Al o7cs sna carrying on oy ue
grees n way TO embaras' the hnance Of me Lompa
, NV the reayng OF the road with q solid Iron bar
Hhe5eupon The following resolution was unanimously
adopted:
Resolved Tha, the Stockholders approve Of the views
oressed in the report the President Fad Directors and
the Examining Committee in reference to az ea&e fa ano
authorize the Board OF Directors 10 appropriate the iet III
come of The Company, altar paying The interest ana uSua
dividends to the Stockholders, 10 This object. :
MI, Edwin Robinson laid tia following letter, from J. ,
Barbour IT, President of the Orange and Alexandra haI
Road Company win the following resolutions o. said Com
, pany, before the meeting
Alexandria, harch 29th 1853
r r''"'' President Of r. f. d. p r. R. Co.
Dear Sir:-The annexed resolution adopted at the
late meeting of the Stockholders Of this Company IN ref
he contemplated rail road 10 connect your roae
and ours and Fights granted in the act oil Mach -ftn
1851.
You will perceive that the resolution looks 10 cores
pondencc with your Company, 10 ascertain whether any
agreement be made between the two Companies icy INT
Oin construction and operation OF the road IN question:
Our Company feel much interest in the construction oil TIL
work have present. other and more pressing ooisa
With subscription Of ,freeSis OF the stock the par
OF the State the road should lhnX WIN oEes !n'uence
10 cid, could be readily built
stoat pleased your convenience to receive you
yews upon portion Of the resolution 10 which hav
called your attention abo7e. Yours. re7pecfully,
h JOHN 9 BARBOUR il.
o President Orange and Alexandria Z. K. Co.
AT meeting OF the Stockholders OF the Orange and Alex
anda Rail Road Company, held on the 25Ih day Of March
y 1853 il was, unanimously
Resoved That This Company do accept hereby, the pr
vieee granted by the 9th section OF the act, passed 2i
March, 1851 entitled IAN act 10 incorporate the Alexandra
and Fredericksburg Rail Road Company and that the Di
be requested to correspond with the proper aulori
ties of the Richmond Fredericksburg and Potomac Raj
Company for the purpose Of ascertaning whether
and upon what The latter Company will unite will
this in constructing operating The Rail Road mentioned
the said act: and that they be authorized ask Of tn
Legislature Of the State subscription the part Of lh
State OF three. fhs Of the necessary stock.
Test: }. II. REID, Secretary.
Whcreupon, the following resolution unanimously
adopted:
Resolved That the uubect be- referred to the Directors
and if they shall deem any action the part Of this Com
pany advisable that they call special meeting Of th
stockholders and recommend such action they deem
: expedient,
, The following resolution was unanimously adopted;
Resolved That the day of the annual meeting of tbs
Stockholders of this Company be changed from the las
Monday in May 10 the first Wednesday after the last Mon
day in May.