Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1855-03-14
INTERNAL IMPROVEMENTS.

INTERNAL IMPROVEMENTS.
/ We publish below the proceedings of the recent
meeting of stockholders Of the North Carolina Rail-
road, held at Greensborough; and also the proceed
ngs of the stockholders of the Cape Fear and Deep
River Navigation Company held at Wilmington
The Hon. Abraham Rencher of Chatham. appear
cd the representative of the State in the meeting
+ of the latter Company.
The amended charter of the North Carolina Road
was unanimously accepted. Provision is made by
this amendment for additional subscription by
the State of one million of dollars to complete the
Road this additional stock to be preferred stock
that is to draw six per cent. of dividends before
any dividends declared the other stock. 1t
is also provided that the Board of internal improve
shall appoint the State Directors and not the
Governor and Council, as heretofore:
STOCKHOLDERS MEETING.
Pursuant to a call of the President of the Com
pany the stockholders of the North Carolina Rail-
road Company, met in General meeting, at Green's
boro, 9th of March, 1865.
On motion Of Mr. j. NJ. Morehead, the meeting
organized by calling P. G. Cameron, Esq, to
the Chair and appointing d. Coleman and F. Fries
Secretaries.
Mcssrs. d. Coleman and F. Fries, appointed
committee to examine proxies and report the num-
Der of stockholders present, and the number of
shares represented
The committee reported sixty two stockholders pres
ninety four shares, and two hundred and thrtythree
stockholders present 10y proxies representing thirty
five hundred shares say in all 295 stockholders hold
ing GO94 shares.
As the necessary number of stockholders repre-
sentirg the necessary number of shares of stock to
form quorum to transact business, thus appear to
be present. the meeting was pronounced by the Chair
ready to take up the subject for which they had
sembled
On motion it was Resolved by the Stockholders
the North Carolina Rail Road Company, in general
meeting assembled That the capital stock of said
Company, shall be increased one million of dollars.
The President of the board of Directors laid be-
fore the meeting An act for the completion Of the
North Carolina Rail Road" passed by the last Gen
era Assembly of North Carolina, and explained the
Object of the provision of that act
4 motion was made and stock vote being call
ed for, the meeting unanimously adopted the follow
ing; -,
Carolina Railroad, ill general meeting assembled
give their assent to the provision Of act, passed
by the last General Assembly, of the State of North
Carolina, entitled An act for the completion of
the North Carolina, Rail Road, and do accept of
the same.
Mr. d. Coleman presented the following resolu-
ton:
Resozced, That from and after the day of
1855, neither, persons, mails, mcr
chandise produce freight Of any kind whatso-
ever, shalt be- transported upon the North Carolina
Rail Road the Sabbath day, except in cases of
extreme necessity, which laid Oh the table at
the request of the mover.
Mr. +. Fries Offered the following resolution
Rexolced That the Stockholders of this Com
pany, going 70, and returning from general meet
ings of the Company, travel their road free,
which adopted unanimously y.
On motion it
Resolced That the President of the Company be
directed to tender the subscription book for
Stock, to the Treasurer of the State, to make the
States subscription, authorized under act passed
by the General J. Assembly of the State of North
Carolina, entitled An act for the completion ofthe
North Carolina Railroad having previously furnish
ed the Governor of the State with his certificate,
signfying the assent Of the Stockholders of this
meeting 10 said act
On motion the Chairman declared this meeting adj
iourncd sine die.
D. Co1ENAS' Secretaries.