Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1853-08-03

Upon motion of w w. Avery the meeting adj
journed until o'clock, p. NJ
AFTERNOON.
III. G.. Jones, from the Committee on proxies, re-
ported that there present in person by proxy
5G4 Stockholders, representing 8148 shares-which
was concurred in.
R. Barringer introduced the following resolutions
ResolOed That this Meeting doth hereby accept
the amendments to the charter contained in the Act
of the General Assembly, ratified the 10Th of De
cember, I952-enttled " An Act to amend an Act
entitled an Act to incorporate the North Carolina
Rail Road Company.
ResoJced further, That the President of the Com
pany be authorized and instructed to communicate a
copy of the foregoing resolution to his Excellency
the Governor of the State aested by the seal of the
Corporation.
After a prolonged discussion, the above resou-
tons were rejected Yeas, in stock, 1850; nays IN
stock, 43O1.
Those who voted in the affirmative Messrs
Shelly III, Hoover $40, Joel Mclean 1914, F. j. Hill
80, Mendenhall 591, E. NJ Holt 20, w. R. Holt 20,
Gorrell 90 G. F. Davidson 20, r. Reid 10, Phillips
SO, Washington go Means 49, Ramsey 3, Avery 168,
Young 5, o. G. Foard so, Kirkland B, E. R. Harris
81, r. Barringer 25, McKinly 1S, Will. A. Graham
$40, j. w. Thomas 40, Morshead 80, Blair 8, John
Carter 10, Lambeth SIS, Fuller 80, Welsh 10, H. G.
Jones 40, j. Harper Lindsay g. E. R. Gibson 90, D.
A Davis 80 Boyden 20, j. F. Foard %, S. G. Harris
70, Chambers 65, Field A. NJ. Brown 1873, Parte 20,
Wood 6, H. Brown 10, K. P. Harris s. McRorie 20,
Nicholson B, Mckenzie 30, A. H. Caldwell 10, Alex
ander 30, W. Turner 40, A G.. Carter 80, Carrigan
49, j. NJ. Long 1, Austin 60, M. L. Brown 81, Cof-
fin 80, McCCrkle 80, Bruner B, Irwin B, Hyatt o.
1850.
Those who voted in the negative are Messrs Ashe
1O2, Belo 365, j. R. Mclean 30, j. y. McRae 1861,
Pride Jones 333, Leach 25 McElroy Ill, Robbins 5,
Hunt s. Dusenbury %, Rand 2, Mabry 20, Coleman
s. Trolinger 234, Saunders 80, Wharton %, Douthit
25 Adderton 40, S. Hargrave 80, Cosby GA, Haw-
kins 80, Hepler 10, Shaver 458, d. Barringer ~,
Mooney 90, S. Kerr 80, Hedrick IL, Myers II, G.
Wilson 40, Bradshaw g. Henderson 10, Ellis 6, A.
Hargrave 40, Fisher 10, j. McRae 282, j. NJ. Brown
6-4301.
Upon motion of j. W. Thomas the meeting ad-
journed until tomorrow morning at o'clock.
Friday morning, July 10.
After the President had called the meeting to ord
er, and the journal of the preceding day had been
read
j. W. Ellis moved to take from the table the proxy
presented by him upon Thursday morning. Where
upon, the meeting refused to take it up.
j. NJ. Long introduced the following resolutions:
ResOzced That the resolution heretofore passed
prohibiting any Director from being directly or in
directly concerned Contractor, be and the same
is hereby rescinded.
Resolred That the salary of the Chief Engineer is
too high and that it ought to be reduced
Upon motion of j. NJ Leach these resolutions were
laid upon the table
Upon motion of R. NJ Saunders, the meeting pro-
ceeded to elect four Directors of the Company for
the ensuing year. The President appointed N Boy
den and j. NJ. Leach to superintend the election.
N.
votes had been cast, of which 41O6 were necessary
to election; that the following gentlemen had
ceved the votes attached to their names respectively
Fries 1868, Hill 1885, Davis 1914, Morehead 4036,
Saunders 2917, j. r. Mclean 1884 Means 1924,
Graham 1712-with some scattering votes; and con-
that the three first named were duly cleo
ted.
This report was concurred in, and the meeting
proceeded to a second ballot for one Director. N.
Boyden reported that the whole vote cast was 1882,
of which 3917 necessary to an election; that j.
NJ. Morehead had received 1868 votes and r. NJ.
Saunders 3912-with 81 votes scattering; and con-
that j. NJ Morehead duly elected.
Concurred in.
Upon motion of J. u Kirkland, the Bylaws pro-
vidng for the General Meetings of the Stockholders
amended so as to provide that the fourth place
of meeting shall be HilsbOrough, and that all subse
quent meetings shall alternate between Greensboro,
Raleigh, Salisbury and Hillsborough 1t was also
agreed that the next General Meeting shall be held
at HRlsborough.
R. j. Ashe moved to reconsider the vote by which
the amendments proposed to the Charter of the Com
pany was rejected upon yesterday
Upon motion of W. W. Avery, the meeting ad-
journed until o'clock, P. NJ.
AFTERNOON.
R. NJ Saunders introduced the following resolu-
ton:
Resozced That the resolution adopted at the last
General Meeting of the Stockholders in regard to the
of interest due the payment of stock
thOrized to receive the principal in all in which
payment shall be made of the instruments heretofore
required on or before such day the Board shall
demand.
This resolution was adopted.
The motion made during the morning by R. j. |
Ashe, was taken up and carried. !
Upon motion of F. j. Hill, the further considera-
ton of the resolutions agreed to be considered was
postponed until the next General Meeting
. Upon motion of F. j. Hill, j. U. Kirkland, E. NJ.
Holt and jed II. Lindsay, appointed COM |
mtee to audit and settle the accounts of the Trea-
surer of the Company and report to the next meet
ing.
II. G. Jones moved that the Bylaws be amended |
so to reduce the salary of the President of the
Company, to $4,000 Rejected ayes 81, nays SO.
j. NJ Morehead read correspondence between the |
Governor of the State and the President of the Com
pany, with regard to the eastern and western extern
sion of the North Carolina Rail Road.
Upon motion of H. G. Jones' the Secretaries were |
to have 800 copies of the proceedings of
this meeting published for distribution among the
Stockholders.
Upon motion of F. j. HILL the thanks of the meet
ing returned to the church owning the building
in which the deliberations held for the of
The same
At the instance of w. W. Avery it was
ResoLUed That the thanks of this meeting are |
hereby extended to the Secretaries for the ability
with which they have discharged the duties imposed
upon them.
Upon motion of w. W. Avery,
ResoLced, That the thanks of this meeting be ten
1ered to the Chairman for the dignity, ability and
with which he has presided its de-
alterations.
Thereupon with apDroDriate remarks the Chair !