Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1855-05-02
To JAMES LYONS, ESQ.
DEEP RIVER IMPROVEMENT CONVENTION
3.--,..,.,s.s.= I,s;la5z Alr;l 20th lS55

DEEP RIVER IMPROVEMENT CONFENIION.
WILMINGTON, Friday, April Goth, 1855.
Convention met according to adjournment. DIR. +.
j. Hill in the chair.
The proceedings read and approved.
On motion of the Hon. A. Rencher, the following
resolution was read and unanimously adopted:
ResoZped That, hereafter, in the further prosecu-
ton of the work. the President and Directors in
structed to commence at the lower part Of the I'M
proyement, and proceed upwards, so as to give us
good navigation far up the Cape Fear River as the
means at the disposition of the Board will enable
them, before commencing on the Deep River; Pro-
uded, That nothing herein contained shall prevent
any stockholder, who has any stock to work out on
Deep River, from proceeding with his work under
the direction of the Board.
On motion of B. l. Howe, Esq,
Resozced, That this meeting hereby ratify the pro-
ceedings of the meeting of this Company, held in
Wilmington on the 9Th day of March, 1856, so far
they not in conflict with the proceedings of
this meeting.
On motion of Robt. E. Rives,
ResoIred, That the President of this Company be
instructed and required to go Immediately on the
line of the work, and to the Company the IT,
ties lands the River and he be required to make
arrangements with persons for land damages, and, In
the event of his failing to compromise with any such
person that he be authorized to refer such to
arbitration.
On motion of O. G. Parsley, Esq.
Resolred, That the sum of sic, 900, subscribed at
this meeting, preferred Stock, be applied as fol-
lows to wit:
1st Insalment of s. to discharge any Judge
mcnts against the Company and its Sureties, j. II.
Haughton and others, interest due on the Banks,
and all other interest due on bonds executed by said
Company and its sureties, including the debt of w.
Taylor and the Executor of Peter Evans 81, 900 TO
the Bank of the State or any remaining balance to
be applied to bonds given for negro and wagon hire.
End Instalment-pay $4,000 to the Bank of the
State any interest due aforesaid bonds LIST Janu
ary 1885, and the residue to be applied to bonds for
negro hire, wagon hire and provisions, and any bal
ance remaining to be paid on any other bonds due
by the COMPANY and said SureticS
Adopted.
On notion the meeting proceeded to the election
of President and Directors.
On motion of NJ. L. Waddell, Col. Alex. Murch-
was nominated for President of this Company,
and was elected by very large vote, for the next
twelve months.
The names of the following gentlemen put
in nomination as Directors, viz: John II. Haughton,
Col. a. S. Mcneil, James Cassidy, L. L. Haughtop,
b. |. Houze, and Hon. A. Rencher. AT the request
of j. H. Haughton, the name of L. l. Haugnton was
Withdrawn.
The following declared duly elected Directors
the part of the stockholders, for twelve months
viz: James Cassidy, Col A. S. Mcneil, and John
Ii. Haughton.
Resol0ed That the day for the annual meeting be
changed from the Sd Thursday in July to the 3rd
Thursday in April and that the next meeting be held
in the town of Fayetteville.
On motion,
Resolred That the claim of DR.. l. 2. Davis for loss
of negro boy named Archibald, who was drowned,
be referred to the President and directors of this
Company, who hereby authorized, if in their
opinion the claim is just and equitable, to settle the
same on the best terms they with the claimant.
On motion of B. 1 Houze, Esq,
ResolDUd That in the opinion of this meeting, it is
expedient that not less than four Directors the
President and three Directors should constitute a
quorum for the transaction of business.
On motion of o. g. Parsley,
ResoLged That the President and Directors be re-
quested to secure the services of E. A. Douglas Esq.
Of Penn, some other competent Engineer for this
Company
A motion was made by en- L. Waddell, Esq., to
reconsider the resolution offered by the Hon. A.
Rencher and adopted at the opening of the meeting
this morning.
On motion of the Hon. A. Rencher, the motion
was laid upon the table
Meeting adjourned till nine o'clock tomorrow.
SATURDAYS PROCEEDINGS.
The Hon A Rencher he on,