Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1858-04-01
oh.sso.nk. and Ohio Canal Board.


The recently elected presiden. Of the Ches-
apeake and Ohio Canal Company, Lawrence
j. Brengle, esq, and the new board of d.
rectors, assembled this morning in their Of
fee, City Hall, when each took the oath OF
Office required by the law. As soon rs the
board was organized, communication was
received from William p Maulsby, esq,
who, for nearly two years, has presided over
the affairs of the company, in which he con-
tests the legality Of the late election on the
ground that the year will not expire until the
! first Monday 10 June next. Mr.. NJ, under
stand, proposes to submit this question to
two legal gentlemen--one to be chosen by
each party--and, in case OF their not agree
ing, the subject to be referred to an umpire
The company's attorney was then sent for,
but not arriving at three O'Clock, the board
adjourned until tomorrow.
During the day there was considerable To-
terest manifested by visitors--some of them
the present employees of the company, and
others anxious to become so. In this con-
nection it is gratifying to know that the llne
of the canal is now 10 excellent condition,
and that navigation has commenced quite
briskly. Wash Corr. Of Bait. Sun.
Another correspondent of the Sun writes
on this subject, as follows:
"The majority of the Commissioners of
Public Works of Maryland, called meet
ing of the stockholders Of the Chesapeake and
Ohio Canal Company in this.citY on the 18th
inst, without authority of law, IA is alleged
by the President Maulsby) and Directors Of
the company, and as they have been advised
| by eminent counsel AT the meeting thus
called it will be recollected the commission
ers undertook to remove the present board
and appoint SUCCESSORS. President Maulsby
felt himself obliged by his official position, in
the exercise Of sem;-official duty to take pos
session Of the Office, books and papers Of the
com pany, and TO decline to surrender them to
successors, as he supposed, illegally appoint
| ed. In addition to which the disastrous
condition Of the canal during the last season
| had compelled them to incur debts to large
class of persons employed on the line Of the
canal including laborers, lock-keepers and
other officers not yet paid, and to whom
they had pledged their N ost earnest per-
soual endeavors to secure ultimate pay
ment, which they expected to redeem out Of
| tho revenues of the canal prior to the first OF
June, when their official term would prOba-
, bly, close. Under these circumstances they
have not felt at liberty to retire at the earli
est moment, in accordance with their person.
al nclinations He therefore proposed to
the gentlemen who have been selected as sue
cessors, to refer the questions involved TO any
eminent member of the bar who might be
selected This proposition has not yet been
acted upon, as far as we are advised, and
may result in an unpleasant conflict. To
this course be felt impelled as well 10y his
oath of Office as by the fact that the present
board had enjoyed the favor Of capitalists to
30 great an extent as to have been able to
borrow large sums of money, to the payment
of which they bad felt themselves obliged to
devote all the legal powers of which they
were possessed, because they felt themselves
under official and personal obligations to re-
deem, as far as in their power, the obliga-
tons thus incurred to class OF individuals,
whose only hope rests upon the faith thus
pledged to them.
The new directors OF the canal, after Mauls-
bys refusal to surrender the books, &c, em-
ployed counsel, and adjourned until to'mor-
row."