Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1858-05-22
souTRERE PACIFIC RAILROAD.
N the New Or'saDs Pioayune. Nay Is. ]

The New Nr cans rlcayunes Nay 10
Tbs adjourned meeting Of the stockholders in
the Southern Pacific Railroad was held at the
Office yesterday. Il was called to order by
ley, Mr.. Phelps was requested to act as Secre-
tsry. which be accordingly did.
Ibe chairman announced that be had aD-
pointed the following gentlemen On the com
mittee Of twelve, which he had been desired 10
nominate al the previous meeting l. d. Fuller,
Major E. A. Blanche, Louis Janin, J. NJ.
Chiffon, D S Bryos, i. K. Price, K. A. Up
ton, Louis T. Wigfsli. w r ID. Ward, J. b.
B-itton- K. Il. Howell and Dayi Haddsn.
Mr.. Bryon then presented to the meeting a
report from the committee Of three appointed
at tha. meeting.
Mr.. Yerger objected to the report, that it
made il appear lac had taken a certain amount
Of stock, Which was not the case. He had not
put bis name down, OF those of his friends, or
that list-uor had that stock been issued be
had directed the stoC k to be taken for them,
with the express condition Of their conseuting
when be Consulted them and going up to Mis-
sissippi immediately, for the purpose, be
found, as be had already stated to ths stock
holders, that they utterly refused to have any
thing to do with il, WhereupOn be wrote 10
this effect to Dir. Post, and required the ap-
plication tor stock to be Withdrawn, which was
done.
M DNa0l 6dA4 ll-lr vas 10 luNtNAiul VI
the part Of the committee TO imputs ANYTHING
contrary 20 this state Of circumstances.
Mr.. BTyon eoncurred in this declaration, and
said be would have no objection to give the ex-
PLANTATION with the report.
It was agreed that this should be done, and
the committee rerired for the purpose. The
report, thus amended, was then presented to
the meeting and adopted. It was, after recit-
iog the resolution for the appointment q the
"a Foff
4" Your committee, appointed under the fore
going resolution, beg leave to report that, on
examining the lists of subscription with a.
much care as their limited time would permit,
aud omitiing some small sums placed opposite
/ illegal names, they fnd the amount of cash
| subscribed for stock to amount to the sum Of
/ three hundred and seventy-foUr thousand seven
I hundred and twenty dollars ($374 720 y that
/ OF that SUN 1891 go has been paid, aud that
! here remains due aud unpaid the sum Of Si2 :
/ $50;
That there has been received al the Office
j here the sum OF Sl3,92S from ins ailments due
I OF stock subscribed before the Office was re-
moved here-making, in all, the sum received
/ bere, S345 S98;
That of the sum Of sl2 $50 of subscrip-
/ tions remaining unpaid, $50 0O0 thereof stands
/ opposite the name Of George 5. Yerger, for
himself and fisRds, sRd 5000 opposite the
/ name Of A. B. James, and $1,000 opposite the
name Of c. w. Allen, $1,000 opposite Mr..
johnson BY Mr. James as agent, $1,000 oppo-
site that Of Mr.. Labouisse, $500 opposite tba;
Of n. r. Jennings, aad $3.50 opposite that Of
] Mr. Macs
That the sm0unt Of stock, as represented
BY the New Orleans books Of the company
amounts 70 S370,70S 90 and that the difference
between this amount and the sum subscribed
and paid in New Orleans, to wit: 1881 $40, is
made up Of stock surrendered here to be re-
I issued, and which was issued in New York
making the sum of S43s,7 80 Of New York
stock surrendered here. This statement in re.
gard to the surrender Of New York stock, your
committee have not had time to verify it could
be done only BY an examination of the vsFiou:
I certificates Of stock surrendered, ard tracing
them through the books, which would require
much time and labor.
. II may be well to remark that there ar
still accounts Of the stock subscribed here re
ceipts TO the amount Of S71 ,4s5 and that thi
sum is included 10 the sum of S33l, go sboyt
stated.
{" Your committee have gone beyond the let
ter OF the resolution, and have looked iato tn
disbursement Of the money subscribed and pai
here.
ss They find that the company have, accord
ing to the books, disbursed here the sum 0
S35s y241 81, as follows:
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