The hydraulic press., 1860-04-07
rRUcKEE TURNPIKE COMPANY.

In pursuance of adjournment and notice
given through the columns of the PRsss, a
meeting of the Truckee Turnpike Company
was held in the Office of O. P. Stidger, at
North San Juan, on Saturday, March 3Ist.
The meeting was called to order at o'clock
P. NJ, by N. W. Clark, Prest., and persons
owning stock to the amount of SIT 900 were
reported present. 0. P. Stidger was elected
Secretary pro tenn. The designations of the
following officers were rendered and accept
ed, to wit: N. w. Clark, President, O. P.
Stidger, Secretary, Ito date from Feb. 21st)
Jno. A. Seeley, Treasurer, B. P. Avery and
Thomas Freeman, Directors. B. P. Avery
was then elected President pro tenn. On mo-
ton, bills against the company to the
amount Of 81 ,O45 were audited and ordered
paid. Of this amount 1920 is due for the
performance of the first contracts on the
road, by Smith 4 Co., and Simmons. A
report from the Directors in reference to
these contracts was received and ordered on
file. 1t represents that Smith Co. have
efficiently constructed 1SO rods of new road.
on grade not exceeding one foot to the rod,
and Tor great part of the distance not over
eight inches, commencing about one and a
quarter miles above Bope's Ranch and ex-
tending to near the foot of Cold Spring hill.
The average width of the road will be fifteen
feet. The cost of this contract is S72o-to
be paid in three nearly equal payments on
the 18th of April, May and June. Simmons
contract is for 100 rods, beginning about so
rods above his house and extending towards
Bope's He agreed to take his pay in stock.
David |. Woods presented his protest, and
the protests of Messrs E. P. Tracy, W. B.
Campbell, A. G. Haines and S. A. Boutwell,,
against the action ofthe Company, for adept
ing code of bylaws unsatisfactory to them,
aad for other reasons duly set forth; and
demanded that their stock should be with
drawn and themselves released. These pro-
tests caused spirited debate, and finally led
to the passage of a resolution declaring that
the protestants should be released from all
liability as stockholders of the company,
upon paying to the Secretary their proper
ton of all debts due by the company to con-
tractors and others at the date of the meet
ing.
On motion, B. P. Avery, Charles Schardin
and Thomas Freeman were appointed COM
mittee to confer with the officers of the Hen
ness Pass Turnpike Company, organized at
Nevada, and ascertain whether arrangements
can be effected with that company fer Coop
Grafton in the construction of So much of
the road proposed to be built by both COM
panies as passes over the same route from
Jackson's Ranch to Truckee Meadows, and
the terms of such cooperation.
A communication from the President of
the Sierra Turnpike Company, proposing CO.
operation for construction of a road by way
of the Jamison route and Beckwourth's
Pass, was read and referred to committee
consisting of Thos. Freeman, D. l. Woods
and John A. Seeley, with instructions to
respectfully decline the proposition.
An election was then held to fill vacancies
caused by designations, and the following
persons were duly chosen President, B. P.
Avery; Secretary, 0. P. Stidger; Treasurer,
John A. Seeley; Directors, Thomas Freeman
and - Klecker.
The meeting then adjourned until 2 o'clock
P. M, of Saturday, April 14th, 1860.