Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1853-08-03
$5,5O4.OO
ANNUAL MEETING

Of the Stockholders of the Cape Fear and Deep
Ricer Navigation Company.
At meeting of the Stockholders of the Cape
Fear and Deep River Navigation Company" held at
Summerville July 21st, 1858, being the time and
place appointed for the annual meeting of the Com
pany, Henry Elliott ESQ.,, called to the Chair,
and Henry A. London and w. Mel. Mckay reques-
ted to act Secretaries.
On motion, Thos. Hill, NJ. @. Waddel and John
d. Williams were appointed committee to superin-
tend the calling of the roll, examine the Proxies
and report what amount of stock is represented !;
who reported that there large majority of the
Capital Stock of the Company represented-Robt.
E. Rves, Esq, holding the Proxy of the State
Whereupon the meeting was declared regularly or
ganiZed.
John H. Haughton, Esq, on behalf of the Presi-
dent and Directors of the Company made an inter-
estng and satisfactory report of the situation of the
Company and progress of the work, which report
received and referred to the following committee:
NJ. @. Waddel, John c. Smith and John Scott, who,
after consultation recommended the adoption of the
report and its publication, which recommendation
unanimously concurred in.
The Chief Engineer of the Company, Clement
Smith, Esq., submitted able and interesting report
of the work under his charge, which report was re-
ceved and referred to the following committee: Thos
Hill, John D. Williams and Nathan King, who, after
consultation, recommended the adoption and publ
cation of the report which recommendation was
animousy concurred in.
Thos. Hill, Esq, chairman of committee ap-
pointed at the last meeting of the Stockholders to
examine the books and accounts of the Treasurer,
made report of the financial affairs of the Company
from the appointment of the present Treasurer, viz
May 10Th, 1853, which report was received and I'M
anmously adopted.
On motion of NJ @ Waddell, ESQ.,, Resozred, That
whereas the President and Directors have not been
able to make detailed and full report of the fnan
cal affairs of the Company for entirely sat
isfactory to this meeting; therefore,
-ResOLred, That committee of three be appointed
by the chair, whose duty it shall be to prepare and
publish full report of the financial condition of the
fiscal year.
Which motion Mr. John H. Haughton offered to
amend follows, viz: "Strike out all after the word
publish and insert follows, viz full and detailed
report OF all the money expended by the Company,
from its organization to this date of the various items
of expenditure all the liabilities of this Company of
every character, together with the evidence of all
such liabilities"
The question being first taken on the amendment
offered by Mr.. Haughton it rejected, and the
original motion offered by Mr.. Waddel was adopted
In compliance with which resolution the Chair ap-
pointed the following gentlemen on said committee,
viz Robert E. Rives, Col A. S. Mcneil and Benz
j. Houze.
The meeting then proceeded to the election of
officers, when, after expressing their warmest appro
baton of the services of the present incumbent Col
Alex Murchison, he was unanimously elected Pre-
sident.
John H. Cook, Esq, then submitted the following
resolution:
Resozred That the thanks of this Company are
due and are hereby rendered to the Directors for the
faithful and efficient in which they have dis
charged their duty, and believing from the time and
attention they have given to interest," as well as
the zeal and ability with which they act, that our
improvement will be prosecuted to successful ter
mination,
ResoJped That they be unanimously reelected;
which motion was unanimously adopted.
Henry Elliott Esq, of the Directors, resigned
on account of his health, when Col. Arch S. Mcneil
was appointed in his place.
The present Board consists of the following gen
Lob, III g T., T
Haughton, Peter G. Evans and Elias Bryan the
two latter having been appointed on the part of the
State.
ResozUed That Thos. Hill, Nathaniel Clegg and
Benz j. Houze be appointed committee, whose
duty it shall be to examine the Books and accounts
of the Treasurer and report thereon to the President
and Directors every three months and also report to
the annual meeting of the Stockholders.
ResoLced That the thanks of this meeting are due
and are hereby rendered to the Rev. Mr. Cotton for
the use of this room and to the citizens of Summer
vile for their kindness and hospitality.
ResoLued That the proceedings of this meeting be
published in pamphlet form, together with the var
Gus reports of President, Directors, Engineer &C.
The meeting then adjourned to meet at such place
the President and Directors may hereafter desig
nate, Con the third Thursday in July, 1851
HENRY ELLIOTT, Chairman.
Henry A. LONDON, Secretaries.
w. Mel. MCKAY,