The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1858-06-04
PRICE ONE CENT.
LOCAL MATTERS.

YORK RTvRR RAILRoAD CoMPANY.-A
general meeting OF the stockholders Of this Com.
| pany was held at Vert Point on the 1st inst WIZ.
Z. TAYLOR, Esq acting rs Chairman.
After organizing, committee Of five, oonss' iug
OF Messrs. Ii. X. Douglas, John Pollard, Rob. RI
Harvey, VIM. b. Taiaferro, and Dr.. j. Prosser Tabb
4 was appointed to prepare business for the meet.
ing:
The committee after brief retirement, report.
| cd through their Chairman as follows:
whereas, at late general meeting OF the stock
holders Of this Company. at the Office Of the Com
Pany, In the city of Richmond, the Directors Of
TINS company were instructed not to expepd any
pofon OF the late appropriation Of 800 900, made
to this Company by the General Assembly Of Vir.
ginia, In the construction Of any portion of the
road, until the completion of that portion Of the
road rom Richmond TO the White House; iuclu-
ding depots both at Richmond and the White House.
and the proper equipment OF the same: And where.
as this meeting approves of the policy indicated
by the said instructiong provided IL shall be found
TO be impossible. With the present means of the
company, and the mortgage bonds, 10 complete
| and equip the whole line of the road-yet this
meeting hereby instruct the Directors TO every
possible effort to purchase the iron for the whole
line OF the road, and to complete aud equip the
| same from Richmond to West Point. at the ear.
liest possible moment. But If this shalt be found
impracticable, the Directors then instructed to
spend the present appropriation of 0,000 in the
construction and equipment of the road from
Richmond to the White House Therefore,
Resolved, That this meeting hereby express its
most decided disapprobation vf the time and man
ner OF the passage of the resolutions Of instructions
passed at the late meeting at the Office of the Com
pany In the City of Richmond. And inasmueh as
that meeting was called solely for the purpose of
considering the terms of the late act of the egsa
ture making the appropriation of 100000, NO
other action should have been then taken.
Resolved, That the Stockholders of the Richmond
and York River Railroad Company have witnessed
with the liveiest appreciation the efforts made by
Alexander Dudley, Esq, President of said Compa
ny, to sustain the credit of the company through
a period OF extraordinary peeuniary pressure, aud
thereby prevent suspension of work on the line
OF the improvement.
Resolved, That in the opinion of this meeting
great positive benefits have resulted from, and Sc
Ious damage been by the exertions of the
President above referred to, and we tender to him
our warmest acknowledgements therefor, whilst at
the same time, We feel called upon to express our
undiminished confidence in his zeal, energy and
fidelity, as the chief officer of the Richmond aud
York River Railroad Company.
Resolved, further, That the Board of Directors |
OF THIS Company be. and it is hereby instructed |
and directed to reimburse Mr.. Dudley, out of the |
funds under their control, all losses suffered by |
MIN on account OF his individual assumption and |
payment OF claims due to the contractors, or any
of them on our work
The report and resolutions we e adopted
ALEXANDER DUDLEY, Esq, ter dered his resigna- !
t1on as President of the Company; which, on mo- |
ton, was accepted, and an election ordered to fill
the vacancy.
DIT. Tabb nominated ALEXANDER DUDLEY, Esq |
and there being no opposition, he was unanimous. |
ly reelected.
committee was then appointed to wait upon |
Mr. Dudley and inform him of his reelection
Mr. Dudley appeared before the meeting, re- |
turned thanks for the confidence imposed, and &C
cepted the ONCE, promising to discharge its duties
to the best of his ability.
vote OF thanks was then rendered to Mr. Tay. |
lor, as the presiding officer, and the meeting then
adjssrned.