Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1858-12-30
From the Planters Advocate.
BALTIMORE & POTOMAC RAILROAD,

Meeting Of the StochAozders-Election Of Direc-
tors-The Company Organized.
In accordance with notice previously given
by the Commissioners of the Baltimore and Po-
tomac Railroad, meeting of the subscribers to
the capital stock thereof was held at this place on
Saturday last, 18th inst.) for the purpose of
electing seven Directors. A large number of
in attendance, representing the adjoining coun-
ties and other regions, and many who could not
attend were represented by proxy -.
On motion Of Lion. 7. r. BowIE, Gen VAL
lEh MIIUdELL, of Charles County, was called
to the Chair, and DANIEL c. D1GGEs, ESQ.,, of
this county, was appointed Secretary.
The Chairman, upon calling the meeting to
order, stated the purpose for which it had been
called, and read the notice under which it was
convened. It was meeting of the stockhold-
crs of the company, and it's present duty was to
choose seven Directors, as provided by the
charter.
After some conversation as to the proper meth
cd of proceeding, and as - the several provi-
sions of the charter, General Bowie, on behalf
of the Board Of Commissioners, and in conform
ity with the act Of incorporation, asked leave to
present to the stockholders the subscription
books heretofore opened, under the authority of
the Commissioners, WhereOn were entered all the
subscriptions to the capital stock, that had been
made up to this time; which books were there
upon received by the Chairman, on behalf of the
meeting.
Upon suggestion, the proceedings of the last
meeting of the Commissioners were read includ-
ing the Agents Report submitted at that time
On motion, the Agent of the Commissioners
was called upon for any supplemental statement
he might wish to make, whereupon he submitted
the following report:
REPORT OF THE AGENT.
The Report of Robert Bowie, the General Agent
of the Baltimore and Potomac Railroad Company:
In accordance with the requirements of the char
ter l have the honor herewith to present to the
stockholders, the subscription books in my posses
sion, whereon have been entered the names and
obligations of all the subscribers to the capital stock
of this company, up to the present time They
show that the sum of sixty seven thousand dollars
has been subscribed, which Is than the charter
requires for organization of the company. I
must, however, say that the subscription is SUBJ
stantially available for than twice its nominal
amount. / have reason to think that, when the
Company has been organized by the election of
Directors and President, and conditional SUBJ
scriptions taken, payable in labor and necessary
materials, as may be authorized by the President
and Directors that the stockholders, who have SUBJ
scribed as now reported, will increase their sub
scriptions more than one half.
have not had the opportunity to canvass Gin
consequence of the inclemency OF the weather) one
tenth of the country lying on the line of the con-
templated road.
But the zeal and energy displayed by those who
have been applied to- have satisfied me that nothing
can prevent the ultimate success Of the road Being
as it unquestionably is, direct communication be-
tween the North and the South, invoke the spirit
of Patriotism to aid in the formation of a link of
intercommunication between our Northern and
Southern brethren. would therefore recommend
to you, its stockholders, to secry aloud and spare
not until you have accomplished patriotic
result am pleased to see the Richmond Enquirer
advocating the claims of our road 1t says: s'that
this road must be paying road, and remunera-
ting investment, from the beginning, since it fills
out the advantage of such connexion, are paying
lines.'' Again: s'The Baltimore and Potomac
Railroad will be built. 1t is only matter of time;
but that time is of great importance to Eastern
Virginia in retaining and attracting trade and
travel it is desirable that the enterprise be speedily
put through. 1t is comparatively very small mat
ter-only one million of dollars to great
a gain, with Richmond, Petersburg and Baltimore
TO back it; with great part also of Eastern Vir-
ginia and Maryland. Under ordinary crcumstan-
ces this railroad should be made, but under present
circumstances it must be made.''
have the pleasure to submit, part of this
Report, another letter from Edwin Robinson, ESQ.
President of the Fredericksburg Road, in which h<
reiteratcs his good opinion OF, and confidence in
orr enterprise. "
December IS, 1858.