The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1856-08-12
WILMINGTON, CHARLOTTE AND
RUTHERFoRDFON r. r


Pursuant to call of the Board of Direv-
tors, the Stockholders of the Wilmington,
Charlotte and Rutherfordton Railroad Com
pany, assembled at the Court House in the
town of Wilmington. on Wednesday, the
18th day of June, A. D. 1856.
On motion, GenI. Alfred Dockery was
called to the chair. and Messrs. Henry Mutt
and Donald McRae appointed Secretaries.
On motion of Col. Walter L. Steele,
committee of three was appointed to verify
proxies, and report the number of shares
represented in th.s meeting.
Col. Steele, Henry Mutt and George r.
French were appointed such committee,
who reported majority of the Stock of the
Company as being present, whereupon the
meeting was declared by the chair as duly
organized and ready to proceed to business.
w. H. Guion, the President, then sub
mtted the report of the Board of Directors;
which, on motion of Gen. J. G. Bynum, was
referred to a committe of nine, to examine
and report upon tomorrow morning, The
following gentlemen were appointed said
committee: Gen. j. G. Bynum, Edward
Kidder, A. j. DeRosset. Jr.. Murdoch Nc
Rae, Jos. Thompson, Neil M'Nair. D. c.
M.Intyre, D. K. Munroe and W. F. Leake.
On motion of R. S. French, Esq. the
Board was requested to lay before the meet
ing the proposition of the Wilmington and
Manchester Company referred to in thier
report, and the same was produced and
I read.
On motion of w. F. Leake, Esq, the
| meeting then adjourned until 8 o'clock to-
morrow morning.
JUNE 10, 9 O'Clock, A. NJ.
| The Stockholders met according to ad-
iournment. W. F. Leake, Esq, as chair
man, submitted the Report of the Commit
tee of nine appointed yesterday. together
with series of resolutions; and upon a
motion for their adoption, the same were
fully discussed by Thomas D. Mears, W.
L. Steele, H. w. Guion, 0. G. Parsley,
Col. John McRae A. J. DeRosset, G. Da-
Wis, and others. 1t was resolved that the
| said report and resolutions be recommitted
to said committee for further consideration.
| The meeting then adjourned until 4 o'clock
this afternoon.
| JUNE 10, 4 O'Clock, P. NJ.
| The meeting assembled agreeably to adj
| iournment The committee of nine submit
ted their report as follows
The committee of nine, to whom was re-
ferred the Report of the President and Di-
rectors, to the Stockholders, with accom-
| panying documents, and all matters and
things connected with the present situation
and future prospects of the company, have
| had the same under consideration, and ask
leave to submit the following report:
Your committee have bestowed upon the
subject. all the consideration its importance
| demands, and they regret that the shortness
| of the time at their disposal, prevents their
making elaborate report, setting forth
the means of the company, ond tie pros
| poets of a speedy completion of this great
work. They will. therefore, simply refer
to the able and satisfactory report of the
| President and Directors, expressing a con-
! fident opinion that the work can and will be
accomplished by pursuing the plan marke ed
out by the resolutions, which are respect
fully submitted as embodying the views Of
| the committee.
Your committee must be permitted to ex-
press their entire appreciation of the course
pursued by the Board of Directors hereto,
fore, and they have entire confidence that
they will hereafter manage the affairs of the
company, with wisdom and prudence, and
do all that can be done to finish this great
| work. WALTER F. LEAKE, Chm.