The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1854-12-14

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~hois NUMBER Il voses 10 Sc 1861. Necessary &c
. quorum 6,64f. Present. O, 40
Mr. KknNA, Of KansMha, from he COMMITTEES 10
whom wss referred tho reput q the Board Of
nireessr. and seeenpany Ing docnnasnfss madsshe
Tns soma:ltsss . whom wsss = isrsssshs rsport
Of the President ssA Directors sn1 the eeecnpsny
and sssommsnd tbs following rssolutions 70 the
Ressivsd. Thsa tie iress1snt and Directors b 70
81 sass 90 IL J. vii e esy he Il ths
50 Of March. ls5A pointed ont In tho report Of
Resolved. Thst the ts,ia Of tolls on the eastern
and wss,ern improvements be referred to the Prcsi
Dent and Directors, with authority to make sasb
the increase Of the compsny's revenue. :" =
Resolved, That the Preddent and Directors be an
thor'zed 70 borrow money, mot exceeding one hun.
the psvisafion Of the Ksuawha River, to be expsnd
ed with view TO the completion of the improve
pledge the whole or sny part Of the net revenue se
cruing from the navigation Of said river 20 far a. the
may be done consistently with the obligations
Resolved, That the Board Of Directors be author
ICED to paw the Interest that will be due on the OF
January, 1855, upon the guaranteed bonds Of tn.
Company, out Of any money that msy come into the
treasury Of the Comp my.
Resolved. That the proposition submitted BY Mr..
Kenna of Kanawha to fund the debt Of the Com.
pany reduce the par value OF lie stock and provide
new stock for the completion of the Company = i'm
provement to Covipgton, and for the Improvement
Of Kauawha river from il mouth, be referred to q
committee of I've. to be appointed by the Chair,
<Iu.~ -
position, and TO report to the next meeting of the
stockholders
Resolved, That the Board of Directors be 40.
horized in lieu Of mileage to provide the necesss
ry means for conveying them along the line when
going to and returning from the meetings In Lynch
burg and Buchanan. syi
Resolved, That the amended regulations adopted
by the Board Of Directors since the last annual
meeting be approved and adopted.
No other subject was brought before the commit
tee with reference to which action by the stock
holders is deemed necessary at this tune.
Mr.. George ~ johnson conceded with Mr.. Ken
ma, and hoped the resolution would pass giving as
one reason, that there might be certain kinds of
produce along the line which might be made remu.
nerative, if the Board had the power 10 to modify
ito rates as to warrant It's shipment.
The question was then taken on the resolution,
and it passed by alarge msjorify.
The third resolution was next read by the Chair
man, and the question being put, it passed unani.
mously.
On the fourth resolution being read, Mr.. Clifford
opposed 1t, and hoped the Board would not be
required to use money that may come into its trea
sury specifically for one purpose, to that of sno-
Their.
Mr.. Kenna remarked that the rese lation offered
was the Judgment OF the COMMITTEES, after careful
The discussion was continued at length by Judge
Robertson, and Messs Clifford and johnson, Ia oppo-
sition, and Messrs Lyons, Kenna, Grattan and Ram
Judge Robertson moved to amend BY adding the
The question being taken ON the amendment, it
To-; y a ay ySis called 70, III. resolution,
The Chairman read the first resolution, and there
being no opposition. it was unanimously passed.
The second resolution being read, a. soon as the
Mr Clifford regretted that he could not give it 81
lent vote; but he thought at this time it would be
on the canal. He could not understand that there
any competition between the Southside Railroad
and the Canal Il any road wa. freight 70.
ruinous rate, and would soon wear itself out
He did not desire to see the Canal carrying
freight at less than remunerative price The
freight lost 10 the Canal last year by the Southsde
road, was such as came to the Canal at heavy
carriage and great inconvenience, and which could
not now be had by the Canal any terms, the rail-
road being more convenient 10 shippers In that
section of the country from which this freight for.
merly came, than the Canal. He believed that all
the railroads of the State had been carrying freight
at ruinous eacrice to the Stockholders the State
and the public credit, and he therefore hoped that
no reduction on the tariff of tolls would be made.
Mr.. Kenna of Kanawha, explained the resolution.
1t not designed Instructions to the Board of
Directors to reduce the tariff of tolls but to place
the power in their hands to act as they may here
after deem necessary for the good Of the Compa-
ny.
Judge Robertson demanded that the vote should
be recorded.
The Secretary. after calling the roll announced
the result a. follows: For the amendment, 1925.
against ii, 64oi.
The question recurring the resolution a. report
ed by the committee. 1t was adopted.
The Chairman read the fifth resolution, which was
passed unanimously.
The sixth resolution was also passed by large
majority
Ihe seventh resolution was unanimously adopted
A resolution in reference to turnpike road be-
longing to the company, parsed by the Board of Dr.
,ectors. referred to the committee of Eve 40.
pointed by the Chairman under the fifth resolu.ion
company, Lewis Webb chairman, reported that the
books were well kept and the accounts correct, in
On motion. the same committee was appointed to
examine the books, &C., for the past fiscal year
Election Of Q6scers Col. Thomas H. Ellis was una
Bondursrt. Of Buckingham, and William W. Boyd.
of Buchanan, were elected Directors
On motion Of Mr.. Kenna, the meeting then ad-
journed, sine die
RELIEF HOUSE,. The following gentle
men compose the committee ofive. appointed by q
meeting of citizens at the United States Hotel last
Monday night, to make the necessary Arrangements
for establishing 'Relief House," in the neiehbor.
hood OF 18th and Main streets, at which the indi.
gent poor Of the city may procure food and to
which all contributions may be sent Messrs
William H. Grant, James Poindexter, Corne-
Illus Crew, Luther Libby and Charles Hill
RELIEVING THE PooR-Our readers will
bear in mind that meeting is to be held To NIGHT
at hall past O'Clock, at Saunders Hall, on Foushee
street, between Grace and Franklin, TO devise
means for relieving the disresses of the vast mum
Der of poor in our city at this time If sufficient
funds can be raised and we feel assured that there
will be no difficulty on that score 1t is proposed to
establish ''Relief House. at some convenient
point, where those that hunger may procure food
without money and without price. 1t is hoped
and expected that the meeting viii DO largely al.
tended.
ERRATA.--1n DR.. John +. Carriers evil
dence published yesterday he wss made to say that
4 strehaine was taken 10 large quantities II would
taste very bitter. Dr. C. stated that striahpne was
very bitter and that small portiou would impree.
nate large quantity of water and give It bitter
tssse." He further stated chat !" Mr. Coylius's
spsss were precisely milsr to those no had seen in
lockjaw." -
r. GOLD EXCHANGED FOR
IA NOTES.-The subscriber has large a.