The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1859-11-10

Riehaond as< Yosk R,v<v R1;,.o... sr,.- :.
annual meeting Of The iders 81 ~ pass
mond and York River Railroad Gonna nv = !.
held yesterday at the Companyss once, il hi.
! On motion Of Mr.. Riehard a. Moyv,. j
Richmond, DR.. George l. NicoIs0n, Of Middle.
sex, was appointed Chairnaai Mr.. A. W Nor
| ton, Secretary Of the Company, acting as sncl
On motion of Mr. A. Dudley, Committee
consisting of Messrs.. II. r. Wexford, Ii. 6
Caheil. and Robert x. Du Val. was appointes
| 10 examine proxies.
The COMMITTEES subsequently reported tha
the proxies presented were all in proper form
but that a majority OF all the votes whicl
could be given by all the stockholders was
not present. In person and by proxy aud thai
there was not legally constituted meeting
On motion, the meeting adjourned until five
o'clock, p. NJ
At the appointed hour the meeting rr-as.
sembled but there were not enough presen { to
constitute quorum.
After discussion on various propositions for
future meeting, it was resolved to adjourn
TO meet again in the city OF Richmond, on the
18th of December
The meeting accordingly adjourned.
We append an abstract of the an nual report
of the President, Alex. Dudley. ESQ:
The report he-iHs BY con rafulatIns the stock
h9ders that the road has CONNIE need ope ratlons
from Richmond 70 the White House IN the 3t OF
oetnher, notwithstanding the many smharrassi n
obstacles and DELAYS which it has been the pseu Jar
fortune of the DIRECTORY to encounter. Within the
next SIX weeks the road will be in all respects com
gesed and in inll operation from Richmond 70 the
mite House. with necessars buIidin 5 10. the ac-
comtnedaflon ri frei ht and passengers.
The subscription Of $500 COO made bs the State at
me last session OF the sssiature rendered it
cessary to- cancel 500 0O0 ofthe FIRST and only mort
gss bonds OF the Company. whica has bee n cone.
eavins the mortgage Tor only 4oo geo. And to give
20 THESE bonds . greater marketable value, II has
been deemed advisable that they msy be convert,
pie INTO registered debt of the Company. at the
n hn1 49, ftv..1 ofz~~
fity 10 accomplish this the old mort cage has been
released and new mort ase dolly executed and
coraed from which i will a. pear that this object
mas peen fully provided for.
VI tue 500 900 OF mort age bonds. the Directory
leaving now on hand, applicable 10 the further
prosecution and equoment of the road the sum OF
Sasn,SStoo " the said FIRST morteage bonds.
The statements of the Treasurer show that there
mas been EXPENDED since the last Annual Report.
the sum Of S25I s42 u lea ing at the end Of the s
and the sum of 50 200 the register ed bonds OF the
state. and due from individual stockholders and
the state subscription to the old stock the sum
S39,s1 IS. making in the aggres ate the sum of
sS S.a o. A " which with the $4,000 of mort sase
oonus before mentioned VIII be ampl, sufficient to
II lne comPleaon OF the road from the White
House 9use 70 West Point, including the panunkey
MrVsf NJ bTid@e and the requisite wharves mt the
White House and West 20 ut, has been let to Mr.
Eel + Ward on favorable terms and the DIRECTORY
Ieei lhstiheo IN SAYING that, without some unore-
| sren cause the entire line will he completed to
west Point before the lst of June. 1860
|
IRON requ red u complete The road aIthouz h au
thorized by the Board TO do whenever he shall
deem u expedlent because he da not consider the
financial CONDITION OF the Company. nor the pro
sfess OF the work to the present time justified the
interest OF the Company that the purchase should
ee dea5ed until The road Gould be fully ,oIerain
on the line from the White Hons TO West Poini
wei, urder way. with force sufficient to eive =
suranec that it would be in readiness receive the
| IRON when purchased. he contractor has com
| menced work at West Point and the White House
| and will during the present week commences driy-
ins the piles for the painunkey River Bride. His
force is such that is expected the bridge will be
| completed earl IN the Sprln before which time
the iron viii be purchased and in place to lay do~r
The Board have made arrangemen's for semi
weekly steamhoat connection with Norfolk; Ports
| mouth and Old Point, and have In c1ntem pation
| steamboat connection with the Eastern Shore ant
Baltmore; and 1t believed that as soon as th
| road shall be completed TO West Point, all thes
| connections will be fully and permanently esteh
| lished, and that capital will also find proftab
| investment IN q line oil steamers Tunnins direc
| from New York and connectlns with the road a
West Point. The distance can be made from New
ork To West Point, by a good steamer, IN twenty
| two hours thence to Richmond thirty -el ht miles
in and a half hours, making the whole dstsne
from New YORK 10 hlchnh nd IN less taan twenty
| four hours A trl,weeklS line OF sta es is noV
| runniny from the White House cTnssins the conn
| ties OF King William. kins and Queen and Middle
| the Rappahaunock river to fillmore and Freae
| ricksburg "a Urbanua; and the d rectors are in
formed that it is in contemplation to run. at a
| early da5 a line OF sta1es from Cappahoslc,
! Gloucester couut,, to Matthews Court House.
In view of tie fact that the New York and r ch
| mond Coal Company. nov employ ed in raisins Coz
| at the Deep Run Sprins field nnnes. IN the count
OF Henrieo, ten miles above Richmond. propose
extent their operations so that iheg Will he Az e
transport over this road annuli. at least one huI
dFed thousand tons OF coal, the subject OF nnet
tlun with these mines Is regarded as wnfthg oi al
| tenion This caa he made b. the construction
| "A new road, about six miles lon. from The Ricl
| mond and Frederit ksturs Railroad at a point nei
the fair grounds. Ia connect with the Ricbmoa
and York River Railroad near the Old powder ma
zine. The coal company, havins no power undt
Their charter to construct the PROPOSED read. a
desIrous that ~ mas be constructed Under the "A
thOrjty and auspices nl this compant that con
panS furnlshng the me tns and pay ing all costs al
charges incurred IN or incident to, It's coKstru'
tioa. The DIRECTORY reconiIsend the snb ect tn I'll
| Favorable consideration OF the stockholders.
The report of the Che Tn ineer, tCok Walton
appended to the President report. shows The pfs
ress and condi ion OF the work to the 30th of Sci
tember last, and the amount now estimated By hi
to complete and equip the road to " est Point als
.he causes whicB, durins the last winter, and, il
| indeed, to the present time, have so materiai
cuntribul ed to retard the prosecution of the woi
| as speedily IS had been contemplated.