Port Tobacco times, and Charles County advertiser. (Port Tobacco, Md.) 1845-1898, 1860-06-21

+. Col. Olcn Bowie, Messrs Mul!in and F. NJ
Hal, the committee appointed, after the lapse
Of few moments, reported large majority
present either il person or by proxy.
Tie honorable President OF the Board Of Di-
rectors for the past year, Col. John s. SrlIman
read his report, which herewith published, must
be taken part Of these proceedings. and
which written in clca? and manly style, show
The condition Of the enterprise, under the alalI-
e'ncmt 81 the board aud its energetic agent
Robert Bowie, to he prosperous and cncourag-
ing.
On motion, the report was adopted, and a
unanimous vote Of thanks rendered the retiring
Board and tic Agent, for the prompt and faith
ful discharge Of their duties.
Mr.. Robert Bowie then offered the following
resolution, which was adopted
| Peso,ued That the President and Directors take
such measures, in regard to publishing their first
and second reports and the proceedings of each
meeting, shall seem to them eypedicnt.
/ The Chair then stated that the next business
in order was the election Of Directors, when J.
CT. Mitchell suggested that it might be as well,
before proceeding to the election by some rcso-
lutions, for the stockholders to indicate their
wishes or policy, which was cordially approved
! by Col. VIM d. Bowie, in few very pertinent
remarks, and which suggestion meeting with
general appreciation, Col. Oden Bowie offered
the following preamble and resolutions, which,
with great .unaninity, were adopted:
WHEREAS, We have reason to believe that, with
! the grading and bridging of the second and third
sections of the road accomplished, sufficient sum
| to purchase and lay the rails these sections
could be obtained, either by the additional volun-
tary subscriptions OF persons Immediately interest
ed, from capitalists by the issue Of mort ga @c
bonds, and it being further understood that in the
event of these two sections being constructed, that
the Baltimore and Ohio Railroad will furnish the
necessary engines, freight and passenger cars :;
A,.d ,chereas, we are more than ever convinced of
the now great and increasing necessity of this road
! to Southern Maryland, and pursuadcd that the
people generally gradually but certainly awak
ing to its Importance, and that nothing is wantin
Ind achereas the two sections above mentioned offer
the greatest advantages for beginning of the
terpriZe, from the fact that the running power to
| cqnip them will be furnished without cost to the
company, that they can be sooner put in connec-
| ton with Baltimore, and thus made to pay in
teres upon their COST if not to realize something
for the prosecution of the whole road. Therefore,
/ be it
! Resolued, That soon as one hundred thousand
dollars shall have been subscribed, by any corpo-
ration, by citizens of Baltimore, by persons resi-
dents of the country through which these two
tons run, from Nllcrsville to five miles south of
| Upper Marlborough on the proposed line of road,
and by such other persons residing elsewhere, who
may consent to have their subscriptions appropria-
| the whole line, to construct which, we pledge our
undivided and strenuous efforts, the Directors, the
right of way first having been obtained. shall pro-
coed at to call in such subscriptions, and shall
appropriate them to the biidging and grading of
the road between Milersville and Upper Marlboro,
which shall Immediately be put under contract to
! the lowest responsible bidder.
| Resolged, That as large portion of the sum
stipulated has already been subscribed by the into
rests enumerated in the preceding resolution, and
as We fully believe that the people will promptly
make such response, to any practical effort likely
to end in success, will justify the Directors in
making such arran gements will occasion de-
! lay in the work, after the required sum above
named shall have been raised, proposals for grad
ing and bridging the second and third sections of
the road shall be received by the President, to be
laid before the board, at meeting convened for
the purpose by him, so as he shall be satisfied
that the require sum has been subscribed and the
| right of way Obtained such proposals to state the
amount for which the work will be done, the time
necessary to complete the same and what proper
ton of the amount the contractor will be willing to
take in the stock Of the company.
Rcsotred, That these resolutions be published,
and thatan effort be made to impress upon the pco
pie, more Immediately interested, that in the opn
/ ion of this meeting, with proper and timely aid
from theIn success is Ger tain, and with that aid,
we and will build part if not the whole, even
/ if we should not receive extraneous aid.
Resolred, That the Directors be requested to give
their increased cxertons TO this cause, in the hope
of commencing thus at once part of and eventu-
ally building the whole road in the way proposed
by going in person. not only to his near neighbor
but as far as he conveniently can, to every man
who may be Interested benefited by the road
and impressing upon them the importance of the
enterprise and the necessity Of prompt and liberal
subscriptions, and will, at the next meeting of the
! board, communicate the result of his efforts.
Resolved, That the agent be requested to continue
his efforts along the second and thir sections of
the road, and the people themselves are hereby
urged not to wait to be called for subscr ptons,
but that they forward them promptly to the Pres-
. dent such Director be most convenient.
The following gentlemen, viz: Col. Oden
Bowie, Col. John S. SeIlman, Gen. William d.
Bowie, E. G. W. Hail. Washington J. Bell W.
+. Dement, and Capt. Samuel Cox, were then
elected Directors for the ensuing year, after
which, on notion the meeting adjourned.
THOMAS F. BOWIE, Chairman.
JOHN G.. MITCHELL Secretary.
To the Stockholders of Baltimore and Poto-
Railroad Company.
One of the provisions of the charter under
virtue of which you are here assembled together,
requires that statement should be made to you
of the condition of the contemplated work. by
those to whom you have entrusted its manage
ment This statement necessarily will be brief.
The survey and location Of the route which has
been made by Major Trimble and his associates,
shows that it is eminenty adapted to the con-
structon Of a Railroad and at cost of expen-
|
of similar character in different parts of the
country, of not more than one half the amount
that has been expended upon them.
This diminished estimate Of cost and eXpendi-
ture is based, in part, upon the great improve
ments which experience and science have i'm
parted, but chiefly upon the favorable condition
of your country, for works Of this character,
which instead Of presenting serious pedments
Of mountains, hills and rivers, on the contrary
by its open and generous soil, by its even planes
and gently undulated surface, seems specially to
invite the construction of works of inter-com-
municeton between distant points.
The great difficulty to he surmounted appears
to be in arranging the means for commence
ment. To promote and hasten this most desir-
able purpose, additional subscriptions to the
capital stock of the company have been most
earnestly invited, and in response to this invita-
ton, several conditional subscriptions have been
made. Whether they are of sufficient amount
to justify and authorize a beginning, is ques-
ton for the stockholders to decide, which they
can do either by direct vote, or by the selcc-
a. Il a.;