The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1853-10-26
Mrrrrna or rHr IAnxa RtyER Arp KA.

Marine OF THE JAHEs RIVER AND IA
| NAwHA CoMrANy.--An adjourned meeting OF the
stockholders Of this Company was held q their s6iss
Nj. George n johnson, bon the Committee q
Thirteen 70 whom was referred the annual report
md on e axe h tss
/ following resolutions, which were adopted
Resoiesd That s not necessary 70 ask Of the next
/ Conipauy's seri.annuL interest and annuity debt
Resoieed, That the President and Directors are In
srneted 20 present % ns 70 me next oensrs
/ TO enable this Company to extend It's Canal TO fhe
town Of Covinston, and that the President and Di-
are hereby authorised to execute such secu
rites for any loan loans that may be made for that
purpose as the StateImay require.
Resolved That the scale Of votes is that which
Is prescribed by the act Of the 9th Of April 1853.
Resolstd That In the opiaion Of the stockho.derr,
the appointment of and other proce ,ngs
ginia. are obligatory upon this company, and ought
hereafter to be observed in eoademnations for the
use OF this company.
Resosred, That the thanks Of this company are emil
nently due, aud we hereby cordially tender them
JOHN Y. Mason. for the faithful discharge of bis
duties as onr President; that we sincerely regret his
retirement from our service, and wish him, in the
high position which awaits him, an honorable and
| successful career.
Mr. johnson moved the appointment of commit.
tee OF five to examine the books and of the
Company.
The motion prevailed and the following gentlemen
were appointed Lewis Webb, +. James, Sam. Marx,
L. d. Crenshaw aud Thos. W. McCance
Mr. Johnson then offered the following resolution,
prefacins it with appropriate remarks which also
adopted:
Resolsed, That the thanks OF this Company are due
and are hereby rendered to Col Walter Gwynn, late
Chief Engineer of the Company, for the eminent
ability, great zeal and fidelity with which he fulfilled
the duties of his highly honorable and responsible of
fee. We take leave of him with regret, and our
best wishes fellow him the home of his adoption.
Mr. johnson stated that 1t was necessary to elect
| the President and two Directors of the Company,
and moved to proceed with the performance of that
duty.
| The Chairman and was putting the motion,
when
| Mr.. George Blow, jr., one of the State Proxies,
arose and moved that the election be postponed
| til Wednesday evening at z o'clock.
| After little discussion to the proprety of
posponiug the election for day in order to give the
State Proxies opportunity of consultation both
| motions were withdrawn by request, for the time
| being
| Mr.. Clifford moved to take up resolution offered
by him the last meeting Of the stockholders which
was then laid the table authorizing the President
and Directors to memorable the Legislature to pur-
chase the stock of the individual stockholders, and
| there by make the improvement State work.
The motion to take up the resolution prevailed, and
on its being put upon it's final passage led to long
debate, in which Messrs Clifford aud Lyons advoca-
ted the resolution and Judge Mason and Mr.. George
N. johnson opposed it.
On the question being put, the State Proxies de-
clinng to vote for given by Mr. Blow, it
| decided in the ne gatve-Ayes 200i noes 2749.
The meeting then adjourned until half past seven
o'clock tonight which time the election of Presi-
dent and two Directors will probably take place.