The weekly Portage sentinel. [volume] (Ravenna, Ohio) 1854-1861, 1854-11-29
For the westls POrtAgs sun.Insl.
Rail ROad UeetfnE.

thhtee5 mceung OF tne ClOCknoioerS OF The
Franklin and Warren Rail Road Company,
was held at Commercial Hall, in Franklin,
November 23d, 1864.
10 o'clock, A. NJ, the meeting was called
to order by NJ. KENT, Esq, President of the
Company. E. P. BRAINERD and J. w. TY-
LER were appointed Secretaries.
The object Of the meeting was stated by
the Chairman, and among other things he
said, that this was meeting of the Stock
holders of the Eastern Division of the Road,
and the object was to lay before them the
financial condition Of this Section, believing
that the statements which the Board would be
able to present, woald be an ihducement for
each subscriber to come forward and pay up
the amount due, and thus enable the Board
to complete and put in running order that
part Of the Road from Akron to Warren
within the next twelve months. s
DR.. EARL and J. w. TYLER read to the
meeting, accompanied with practical sug-
gestions,) statement from the Secretary of
the Company, showing the amount due and
uncollected between Akron and Windbam.
inclusive from Stock Subscribers, to be,
$l97,8lI, also an estimate from D. c. SHRP-
ARD, Engineer, showing that the above
amount was more than sufficient to cover to.
tai cost of the work, (less cost of Iron,) be-
tween Akron and Bracevile Ridge.
On request Of Stockholders present, the
Books of the Company were exhibited and
read, showing the amount expended for Right
of Way, Engineering, Salary of Officers,
Incidental Expenses, &C., &c.
On motion of GEO. MESSENGER, Com
mittee to draft Resolutions expressive of the
sense of the meeting was chosen, composed
of the following gentlemen L. S. PECK,
Of Akron; VIM. C. OvIArr, of Tallmadge;
ARvTN OLIN, Of Franklin; GEO. MESSENGER,
of Ravenna; S. B. SPELMAN, of Rootstown;
ERASMUS NEEDHAM, of Brimfeld, and DR..
APPLEGATE, of Windham.
On motion-Meeting took a recess of one
hour.
AFTERNOON SESSION.
NJ. KENT, for reasons stated, declined act
ing as Ch2irman--therefore, VIM. GOODMAN,
Esq, of RavGnna, was duly chosen.
After listening to remarks replete with in
terest good sense and practical suggestions
from Gen. L. V. BTERcE, DR.. EARL and 9th.
ers, the Committee on Resolutions, through
their Chairman, GEO. MESSENGER, reported
the following, which was unanimously a.
dopted
WHEREAS, The present embarrassed con.
dition of monetary matters, makes it difficult
for most of the subscribers to the Capita
Stock of the Franklin and Warren Raj
Road to meet promptly the payment of theil
installments, some are Withholding payment
under the erroneous suppostion that the
pressure of the times will cause suspension
Of the work, therefore,
Resolved, That we have full confidence in
the ultimate completion of the franklin ant
Warren Rail Road, and we would urge upor
each and every subscriber the importance o
promptly paying up his subscription as fas
as the same shall become due.
Resolved, That we have the fullest conf
dence in the management Of our Directors
and the financial condition of this Division
of the Road, as shown by statements ant
the Books of the Company this day exhibit
| ed, entities them to the confidence of all tn,
Stockholders.
Resolved That the Directors are herebl
instructed and required to push forward ant
complete that part of the Road from Akron
to Warren, and Stock the same as soon al
practicable, and we hereby protest agains
any suspension of the work, as detrimental
to the best interests of the Road, as we'll a
injustice to paying subscribers.
The meeting was large and the best 0
harmony and unanimity prevailed throughou
its entire deliberations, and while the tight
ness of monetary matters was conceded b,
all, 60 on, 60 on, seemed to be the motto o
each subscriber present, and by their action
evinced determination to relax no effor
until the Iron Horse shall be heard whistlin.
over the Broad Gauge.
On motion, it was voted that the proceed
ings of this meeting be published in the Ak
ron, Ravenna and Warren papers.
WILLIAM GOODMAN, Chairman.
J. w. TYLER, o''' ''"' ''''