Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1855-11-16


There is considerable increase in the of transporter
ton as by the report OF the Treasurer This in
ments OF permanent character of which bare
will here be given detailed and particular state
dent The reconstruction of the walls at the Depot;
closed aqueduct of brick construction of wharf and fill
appurtenances Station houses along the line of the
road relayng Of one-sixth of the road with
at ENDS OF the n In the ageegate hese gegera
the road cost sT3545 co. which should be deducted from
the OF annual expenditure as furnished in the above
tRs the D?R q wi" leave the
The bonds issued by the Company in 1885, and sold in
bonds must be either or pad We can
expect to DO the former hence must them In order
fund of yea1 From this source they will realize
SOo 600 by the time specified. This in conjunction
with the stock owned in the Wilmington Manchester
ROAD viz: 800 00O and the stock in the Teegaphic
pany both OF which is calculated at that time will be
available will place the Company in ample funds to dis
The Directors have adopted the following resolution
fer office, in the city of New York.
" 1t having been suggested the Board that the etab-
Company in the city of New York, greatly
the value of stock render same avail
able TO the stockholders money security we recon-
mend that authority be given Directors to establish
such transfer office under such rules and regulations will
secure the safe and efficient conducting
the business appertainng to it,
At the last meeting of the Stockholders the following
solution was adopted That the President and Directors
OF the Wilmington and Raleigh Rail Road Company be in
GcIe 10 confer with the parties whom corporate rights
ana privileges have been granted by the Legislature
tGT the purpose of constructing road from point
the w and M road to the city Hamburg to obtain the
operation of the Wilmington and Manchester Rail Road
company and all others interested in the accomplishment
INT work. and to the result to the
next annual meeting of the Stockholders this Company
OF TO call meeting OF the if if in their judgment it is
exPedlent, to take early action on the same.'
In pursuance of this resolution the President of this Com
pany mad several interviews with the different parties
IN the construction of this work and
gets to report that from careful survey its cost ound
TO De SO great as to deter the parties the undertaking
AZ the same meeting two other resolutions adopted
oy the stockholders nructng the President Director
apply to the State Legislature obtain its consent tc
cnange the corporate of the Company the Viii
1lngton and Raleigh, to the Whining Weldon Raj
Iloao company and to reduce the of State thu
general meetings of the Stockholders proporton to thu
amount OF stock owned by the State Both Of these appica
were granted and they respectively adop
Z law. ~ f Va ' 4e
since your last meeting indeed but few DAYS before YOU
present assembling the community of Wilmington has bee
upon TO mourn the death of its
QUEENS your Company to the death its found
anu Pa1ron and at the time acting Director. Gov
lucy coming to manhood possessed of ample for
~ us lelong endeavor to it in advancement
ne interests Of the public Under the patr
QUO PocVy he freely gave his time and money and ben
the We energies of his noble soul inception an
GIUtPleIon OF the Wilmington and Raleigh Rail Road
70 sunshine and through Storm he its constan
reno suggest that your body adopt suitable sep
TO his WORTH transmit to posterty til
life ~ " "eiA SpeN
Yours Respectfully,
WIN. S. ASHE.
p. PreS't. w. g. W. r r ca