Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1856-08-15


Those injured were brought TO the city by special
train and removed to their homes.
Whining Charlotte and Rutherford Rail Road.
Pursuant to a call of the Board of Directors the |
Stockholders Of the Wilmington, Charlotte and Ruth
erford Rail Road Company assembled at the Court
House in the town of Wilmington, on Wednesday the
18th day of June, A. ID. 1856.
On motion, Gen. 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 appointed, 10 verify proxies, and report
the number of shares represented in This meeting.
Col. Steele, Henry Mutt and George R. French, |
were appointed such committee, who reported ma
iority of the stock OF the company as being present.
whereupon the meeting was declared by the chair
July organized and ready to proceed to business.
H w. Guion, the President, then submitted the
report of the Board of Directors which, motion
Of Genl J. G. Bynum, was referred to a committee
of nine, to examine and report upon to morrow morn
ing. The following gentlemen were appointed said
committee: Gen'l j. G. Bynum, Edward Kidder. A
j. DeRosset, ir, Murdoch McRae, Joseph Tompson
Neil McNair, D. C. Mcintyre, D. K. Munroe and
Walter F. Leake
On motion of R. S. French, Esq, the Board re
quested TO lay before the meeting the proposition OF
the Wilmington and Manchester Company referred
TO in their report and the produced and
read
On motion of w. F Leake, Esq, the meeting then
adjourned until o'clock to-mor1o morning.
June 10Th, 9 o'clock, a. m.
The Stockholders met according 10 adjournment-
w. F. Ieake, ESQ., as chairman submitted the Report
of the Committee OF nine appointed yesterday, to-
gether with series of resolutions; and upon mo-
ton for their ADOPTION the fully discussed
by Thos D. Meares, w. l.. Steele, H. ~ Guion, y
G. Parsley, Col. Jno. McRae A. j. DeRosset, George
Davis and others. 1t resolved that the said re
port and resolutions be recommlled 10 said commit
lee for further consideration.
The meeting then adjourned until O'Clock this at
ternoOn
June 10Th, o'clock p. m.
| The meeting assembled agreeaby to adjournment
! The committee of nine submitted their report fol-
| lows
! The committee Of nine, to whom was referred the
Report of the President and Directors to the Stock
holers, with accompanying Documents and all mat
tiers and things connece ed with the present situation
and future prospects of the company, have had the
same under consideration, aid ask leave TO submit
| the following report
Your committee have bestowed upon the subj ect
all the consde1at lis importance demands and they
regret that the shotness of the time their dispo
sal, prevents their making an elaborare report set
ting forth the means of the company, and the pros
poets of speedy completion of this great work.
They will therefore, simply refer to the able and sat
isfacory report of the President and Directors,
pressing confident opinion that the w TX Can and
will be accomplished by pursuing the plan marked
oul by the accompanying resolutions which are re-
spectfuIiy submitted as embodying the views Of the
cOmmitte.
Your committee must be permitted 10 express their
entire appreciation OF the pursued by the Board
of Drec ors heretofore, and they have entire conf
dence that they will hereafter manage the affairs of
the company, with wisdom and prudence and do all
that be done to finish this great work.
Respectfully submitted,
WALTER F. LEAKE, Chm.
Resolutions Accompanying the Reports.
1st RESOLVED, That in the opinion of the Stock
holders, the direct and Independent route crossing
the Cape Fear River at or near Walkers Ferry is by
far the most desirable for the interests of the
pany and should be adopted Provided that the
Board of Directors clearly Of the opinion, that
the means OF the company will Justify it, even by
leaving the first section be constr ucted alter the
road shall have been completed, and in operation
from the west bank of the Cape Fear River to Char.
lotle, and on the event that the Walker Ferry rout
is adopted, the Board of Directors are hereby au
thorized to build the upon the following terms
and conditions.
LIST. They may construct said road by sections as
described in their report to the present meeting of the
Stockholders first constructing the second section
from the bank of the Cape Fear River 10 the Pc
Dee River and the third section from the Pc Dee
River to Charlotte, as soon as in their opinion the
means of the company Will warrant.
i 2nd They shall enter into a contract with the
Corporate Authorities of the Town of Wilmington
binding The Company to build and equip at their own
expense, the first section of the road the west bank
of the Cape Fear into the town of Wilmington on the
east side of the River al the earliest possible time its
finances Will justify IL me town authorizes auth
orizing their subscription of 5000 900 TO be used in
bu ding the second section of the road, and agEeeing
to give reasonable aid towards the construction of the
third section, if the same shall be required.
3rd They shall provide suitable steamboats, for
the conveyance OF passengers and freight free of
charge TO and from convenient Depot on the east
side of the river within the town of Wilmington to
the road on the west side of the River
2. RESOLVED, hat in the event the Board of Di.
rectOrs find that the route indicated in the first reso-
luton cannot be adopted for want of the requisite
means they hereby authorized to adopt the con.
nection with the Wilmington & Manchester Rail
Road at or near WhitesVille provided that such
terms be made with said Company IS in their
Judgment will be consistent with the interest of this
Company
| 3. RESOLVED, That the resolutions adopted in 2
meeting OF the Stockholders Wadesboro' so far as
they are inconsistent with the foregoing resolutions
be and they are hereby rescinded.
}, The foregoing reports and resolutions were on mo-
ton submitted to the meeting, and were unanimously
i adopted.
; On motion of w. F. Leake, Esq, it was
Resolved That Committee of three be appointed
to memoriaize Congress upon the subj ct of reducing
he duties on Iron, required for the construction of
the road, 10 extend 10 time for the payment OF the
same
Upon nominations made by several persons, it was
resolved that the Committee consist OF the following
gentlemen.
! Walter F. Leake Alfred Dockery, A. ]. DeRosset,
Jr., and H. w. Guion.
On motion, it was resolved that the thanks of this
meeting be returned 10 A. H. VanBokkeIen, Esq, for
the kind invitation to the Stockholders to take an
excursion to Smlthville the Steamer Spray, on TO-
morrow, and thai said invitation be accepted
| The following resolution submitted by Geo r