Newbern weekly progress., 1860-07-31
Proceedings of the Annual Meeting OF the
Stockholders of the Atlantic & n. Z. ESaIl-

road Co.
In accordance with order passed by the meet
ing, the proceedings of the Annual Meeting OF the
Stockholders of the Atlantic & N. c. r. r. Co
held at Carolina City, June % and 49, have been
published in both our daily and weekly editions
and the proceedings, reports &c, as prepared by
the secretaries and officers of the Road have been
printed in pamphlet form and will be ready for
distribution among the stockholders in few days
The business of the Road exhibited in the
reports shows gratifying increase over last year.
and If conflicting interests and foolish preJudlces
can be entirely obliterated we doubt not but the
increase will continue.
The hattering votes by which the Treasurer
and President OF the Company were reelected
evidences fattering confidence reposed in them
nv the stockk holders. We learn that the vote in
the Board on the reelection of the Secretary and
Treasurer, Mr. Justice, was unanimous, while
there was only co out of the twelve given against
Mr.. Whitford This shows that those who waged
the contemplate war against the latter gentle
man year ago have become ashamed of them
selves and that the confidence of the company is
now stronger than ever in that faithful and eff
cient officer. We are satisfied that if the manage
ment of the Road was entirely in his hands in
l.,
some of whose members so prejudiced in favor
of their own localities that they cannot do justice
TO any other it would be better for the work.
The Directors very clever gentlemen, (and
we make no charges against them save that, in
some things, they manage the Road badly,) but
we certainly think that if the Board contained
some merchants and mechanics and fewer lawyers
and farmers it could be managed so as to give
ed by the Internal Improvement Board there are
; LAWYERS and one elected by the stockholders
makes four, Just one-third, while in the whole
Board there is not single merchant or mechanic.
We hope the appointing power will keep this fact
in mind twelve months hence. Handling briefs
is one thing and managing Railroad is another
We make no charges against or reflections upon
these gentlemen, ut certainly should be glad
to see some of them give way for business men
of more capacity to look after the interests of this
great work.
We were glad to at the last meeting of the
stockholders disposition to harmonic and bury
past feuds We hope it will result not only in
bringing about better state of feeling among the
different interests and localities, but also IN the
increased prosperity of the Road.
Every friend of our State works should desire
to see Messrs. Whitford and Fisher continued in
the positions which they worthily fill, for
no two men have devoted themselves
trey to Internal Improvements than they have,
and no two have done more, if as much, to complete
and successfully manage the great chain which
now binds tie Eastern and Western sections of
our State together. In our humble opinion they
are poorly requitted for the services they render
to the State and to individuals.
We make these remarks in reference to these
gentlemen because they deserve it-not on ac
count of anything that they have can do for us,
for neither of them have a position to bestow that
we would have, or patronage Of any kind to dis
pense which could in any way influence our &C
ton.