The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1854-12-15

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RlcHnosp AsD DAxvlILE .RxlEnoA 3
ConrANr.-An sdiourned meeting q ~ Com
nsssiss ! Il s'ssosl. NJ Tos q co.sszs -
Stunning the Chair.
Dr.. +. r. Atkinson called the attention Of the
Chair, 20 resolutiou adopted q meeting u April
l.s, requiring he sscfss.ry g fgrnis ,h re Ssoc
which hes been received By each officer o. ssis
Company, and for what service rendered, and de.
sired 20 know Il the report was ready.
Mr. P. vau Deurscn stated that the report Wa
not auite finished bat he had hoped to be able to
furnish & to the Stockholders before the adjourn
u,eut Of this meeting. II, however, the report b
now called for IL win be furnished In IL unfinished
Dr.. Atkinson hoped the Stockholders would not
adjourn until this report was made, Eight months
had elapsed since the report called for and the
public were anxious to see u.
Mr. B. w. Finney, from the committee on books
and accounts reported thatt they had performed the
duty and have to the opinion that there y no
reason TO dstrust the accuracy Of the report of the
committee of Directors which has been laic On your
table, in which the COMMITTEES reported that they
have found the books and accounts correct and sus-
tanned by proper vouches; and we further report
that we have found the books OF the company neat
IL kept and in good order.
The report was adopted.
Dr. Atkinson offered the following resolution
Rcsolued That the per diem allowance to the
Directors of this company be reduced to the sum
of 80, and that the compensation OF the Principai
Engineer be 50 500 per annum; and that the Beard
of Directors be requested to reduce that the Board
their subordinates in all where it can be done
without injury to the interests of the Company.
The merits of the resolution were discussed BY
Messrs l.. E. Haryie and DIR. Atkinson.
Mr. W. T. Sutherlin moved to lay It on the table
10 give place to more important Business, and the
question being put, the vote stood-Ayes SO, noes
Col George Townes from the committee to whom
A. O-z.1 1<~~-A Drnw a
OF Directors, submitted the following, which was
adopted.
The Committee to whom was referred the report
of the Board Of Directors and accompanying docu.
ments having heretofore reported in part, now beg
leave, in conclusion, to report as follows:
They have given such considerations to the re.
port aud documents as the limited time allowed
them would admit, and without an opportunity of
that full fair and candid exhibition il given of the
affairs and condition of the company, and that
every effort has been made by ts Executive officers
to advance its works and promote its interests
The Committee have no further recommends.
tens to submit In regard 70 the matters referred to
them.
Mr.. Benjamin F. Carrot offered the following res.
olutions, which were adopted:
Resolred, That the Board of Directors Of the
Richmond and Danville Railroad Company be au-
thorised to negotiate the bonds OF said Company
upon such terms as the best interest OF said Com
pany, In their opinion, demands, so to ensure
speedy completion of said road to Danville
Resolued That the stockholders now present be
earnestly requested to come forward and purchase
the said bonds
Mr.. B. Jones suggested that some price should be
liked upon the stock, as persons would not feel dis.
posed to purchase until that done, and pro.
posed that the price be fixed at Se5.
Acting on this intimation. the Directory retired
for consultation.
motion was made to take, up the resolution
offered by DR.. Atknsoni In relation to scaling the
salary OF officers and the question being put, il was
ostby the following vote: Ayes %; Noes Al.
After brief retirement the Directory returned,
and through their chairman, Vincent Witcher, Esq
submitted the following resolution as their report
Resolued, That the bonds of the Company, to an
| amount not exceeding $4,000 be negotiated al
this time for sum not less than so cents ia the
dollar, the Board reserving to itsslf not only the
right but the intention to increase that rate when
ia their judgment the condition of the money mar
ket and the affairs of thecompany render it sxpe-
payable the LIST day of January, 18th of February
| and LIST of April.
The above action of the Directory appearing per
fectly satisfactory to the stockholders President
Witcher invited gentlemen to come forward and
make their subscriptions, he heading the list by
subscription of $5000
| Mr. Wood Bouldin read. the 10th article of the
by.aws of the company, and offered the following
resolution construction BY the stockholders OF
said article, which was read and adopted:
Res0lred, That the 10th article of the bylaws oil
the company shall not be soconstrued az to prevent
the President of the Company or any of the officers
named in said article from purchasing the bonds
OF the Company on the same terms that they are
sold to other persons.
Mr.. Witcher, by way of stimulating the stock
holders to increase their subscriptions directed the
Secretary to add $1,000 to his subscription, making
it $1,000
Mr.. VIM. H Clarke moved that the stockholders
now proceed to the election of officers,
The question was put and carried in the afr
naive.
Mr.. Clarke then nominated Mr.. VINCENT W1rcH
ER for President.
Col George TONNES seconded the nomination
and paid just eulogy to Mr. Witcher, trusting and
believing that he would be re elected unanimously
Mr.. Thomas w. McCance, one of the State prox.
es paid just tribute to Mr. Witcher, and declared
ito be the intention of his colleagues and himself
to cast their vote for him.
There being no opposition, the vote was taken
uica voce. and Mr.. " Witcher was unanimously
reelected.
The Chairman appointed Col George TONNES
and Mr.. VIM. II. Clark committee to Inform Mr.
Witcher of his election.
This committee discharged the duty, and soon
returned accompanied by Mr.. Witcher, who briefly
returned thanks for the honor conferred upon and
declared his willingness to resign his position
whenever the Stockholders shall intimate to him
that some other man can be more useful to the
Company than himself
Mr.. Thoe. T. Giles offered the following resolution
which was unanimously adopted:
Resolved, That the Board of Directors be an !
they are hereby requested to cause the Stock of
delinquent Stockholders to be sold at the earliest
period at which it can be done in accordance with
law.
Directors Mr.. Thos. w. McCance nominated as
Directors Messrs James Brown, Jr and Richard
Haskins. (Mr. R. H Maury having declined a re
election) and there being no other nominations,
the vote was taken oioo uoce, and the two gentle.
men unanimously elected.
Mr. VIM. L. Booker offered the following resolu.
ton, which was unanimously adopted
Resolved, That the thanks Of the Stockholders
composing this meeting be. rendered to the Chair.
man and Secretaries for the thankful and efficient
manner In which they have discharged the duties
Of their Offices
The sum OF S3I,1 100 having been subscribed, that
fact was announced.
The meeting then adjourned, on motion of Mr.
Thos G. Watkins, sine die.
RELIEF HousE."-Our readers will
bear in mind the meeting at the United States Hotel
at half past o'clock tonight, at which time the
two committees appointed last Monday night are
expected to report. At no time within our recol.
lection have the necessities Of the poor of the city
been so pressing as at present. Hundreds of able
bodied men, with helpless families, are out OF
means and employment, and If the public do not
aid them literally their suffering and privations
ruI1sf hncrma vary grant Tato al NH, fcol