Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1855-03-22

BALTrNoAE & ONO r. R--Frum the
Sun Of yesterday, we CLEAN the following re-
la,vs to the proceedings in the Monthly meet
ing o! the Directors of the Company, held on
Wednesday, in Baltimore.
THE BRIDGE QUESTION.
early in the session Of the board, Presl.
dent Harrison rose and stated that he had
made proposition to the city of Wheeling
in regard to the bridging the Ohio river at tn It
point, on condition that Whr cling dismiss its
suit in chancery against this company, and in
reference to which and some subsequent ac-
ton in connection Herewith, be had certain
facts to rotate. This proposition hc had
m made jointly with Mr.. J. H. Sullivan, prssi-
dent OF The Central Ohio Rail Road Company,
whilst he was at Wheeling lately, and it had
since been published in the papers. But the
city councils of Wheeling having referred
their proposition to their committee on rail-
roads, he had, since his return home, receiv-
ed letter from them informing him %. the
cty's determination to serve the injunction
en- speciIial date which they had obtained
against this compar y, y,rastraining them in the
use and further construction Of the Bsnwoo
branch Of the road, at the crossing four m les
below Wheeling. He hid consequently
written and dispatched letter in response,
withdrawing the proposition in regard to The
bridge"
"Mr. Dukehart had'.a preamble and resolu-
tlons TO offer on the subject. He thought it
important that the board should give an ex-
preston Of it's opinion Of the proposition
The company, it was known, was not in a
condition at this time, and would not be Tor
two years,,o inrur the expenditure Of 81 ,OoO,-
900 Cor any such purpose. As one ofthe ci-
ty directors in this. s.road, he wished to define
hls position, and that was to strictly regarI
the interest Of the city and tn, stockholders.
The foll wing are Dir. DIS preamble and res
olutons:
Whereas, a proposition signed by the pres
ident Of this company, in conjunction with
the PRECEDENT of the Central Ohio r abroad
Company, stipulating Oh certain conditions
to build a bridge over the Ohio river, at or
near Wheeling, has appeared in the papers
of this city and elsewhere, the substance of
which 10 in the words following, to wit:
Having published the proposition only a
few days ago we do not deem it necessary to
insert III
And whereas, this beard has not been in
any wuy prvy to the terms or subject matter
Of said proposition, but on the contrary, be-
leve the same to DO unwiss, and in every
respect unadvisabls; therefore,
Resolved, That this board disapprove of
the terms Of the proposition hereinbefore re-
cited. and most respectfully decline to give
the same their official sanction or ratification
Resolved, That the president of this COM
pany be requested to apPrise the parties con-
cerned OF the non-concurrence of this board
in the terms Of the proposed arrangement"
"Ex' Chancellor Johnson, State director
explained taat the proposition was not con-
sidered binding by Mr. Harrison on the con-
pany when he made il. The character of the |
paper indicated that Mr.. Fl. knew that he had
no power TO bind the company. He thought
too, therefore, that the board had only 10 ap-
prove Of the subsequent withdrawal of the |
proposition, and he consequently offered the
following as a substitute for Mr.. Dukehart's
preamble and resolutions:
This board having heari read the letter
written by authority ofthe city of Wheeling
relative to certain propositions adjusting the
legal controversy between this company and
theIsaid city, aud the answer thereto of the
president Of said company, Withdrawing such
propositions, express their entire conc .rrence
therein. and declare said proposition to be
wholly void. and ofno effect wha'ever."
After lengthy discussion in which great
variety Of opinisn was depressed, the que,-
tion was taken and the substitute Of M. Jshn-
son wss carried, II to Is. '" ,..'s..H