Monongalia mirror. [volume] (Morgantown, Va. [W. Va.]) 1849-1855, 1853-10-15
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Wonorgahe!a Navigation 3om9aoe.
Alta large and respectable aectag
Of the friends of tho MonrngnHcia Nav
iga,ion Company held at The u'thouso
IN this Borough. OH Tuesday evening.
4th inst, Jesse Hook, Esq, was called
Ito the Chair. Patrick Donley and Johu
IL. Crawford seccted as Vice Presidents.
and j. Lazoar appointed Secretary
L. Roberts, Esq, stated the object Of
tho meeting was to hear the views ell
tertainel by tho Company, in rH!srenc"
to the completion Of that work, and
also introduced Gen. J. K. Moorehead.
The Prosiden, who gave q brief history
of the Company, and asserted further
,hat it was tho determination Of the
Company to complete the work as soon
as funds sufficient were ut the disposal
of il. He likewise estimated the cost
at $3.50, 0O0,-.pledgcd Pittsborg for
$50, 900. and if the citizens along the
route would raise $4,000 more, tho
Company would issno bonds for $50.
900, aud tho work would DO put under
contract Immediately. Ho stated that
the first dividend on stock in that Com-
pany took place III July last, and il ihcn
divided Sper cent, and further pledged
that if tho County would take stock, ihr
Company would pay the interest on her
bonds, until tho work to tho State line
was completed, at which time, she
should take her dividend as q stockhoIl-
or. Gen. Moorchcad stated it was the
desire Of tlIu Company to complete the
whole line. and tho Company was de-
tcrminccl to complete it as far as they
were able. They only had from SEQ to
$500 subscribed, and il tho people
whom the work bcnoIittcd would come
! forward aud assist them, they would
complete it.
On motion Of L. NJ, Sayers, the fol-
lowing resolutions were adopted:
RcsO!cel, That the following Com
miltcc. viz: Jesse Lazcar, Jesse Hook,
Solomon Hogc. W. W. Sayers, E. Ad.
ans, George Mnroiock, Samuel Scdg.
wich, Samuel Minor, Patrick Donley,
Joseph Parkinson, Wm. Gray and ".
Adams. DO appointed committee to
sulicit subscriptions for the purpose Of
completing tho Sackwater Navigation
up TO the Virginia State limo, under tho
guaranty made by Gen. Moorehead, the
President Of said Company.
RESOLVED, That said Committee pro.
cure releases from the owners on said
river for any consequential damages
that may result from making said in.
provement.
Resolred, Tha, a Committee be APP
pointed to draw up memorial to be-
presented to the next Legislature for n
passage of law allowing The Commits.
sioners of this County to subscribe
stock aud issue bonds therefor to rea.
sonable amount not to exceed fifteen
thousand dollars.
ResOlred. That from the exposition
made to this meeting of tho condition
of the Monongahela Navigation Com
pany. aud the further prosecution of the
work, we recommend the subject to the
favorable consideration of the public
and express a hope that our ci,izens
will respond to the call Of the Compa.
ny. by taking stock in the work to the
extent of their ability.
In accordance with the third resolu.
ton the President appointed E. NJ.
Saycrs, John Phean and A. A. Pur-
man, Esq'rs., said Committee.
RcsOlrca, That tho proceedings be
published in the county papers.
JESSE HOOK, Pres't.
PATRICK DoSlry, }v;co pre,,t..
JONI l.. CRAwroRn.
.