The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1867-06-14

In meeting of the Board of Directors of the
Virginia Central Railroad Company, at the
office of the company, Richmond, June Z,
BAYLOR n. Il. HiIl Il. b. Davis, X. H. Maury,
directors-the following programme and Or
gauiZation was adopted:
To insure the success of the conditional con.
tract en- tered into by this company for bulld-
ing the Covington and Ohio railroad, and car.
rying il into practical operation as speedily Us
possible, o,;,otion
and programme should be adopted-Niz:
l. As subscriptions Of stock may DC eM
pected from some of the western gnu hO 20 IWast
cities, as well as from the ne se,ect ms an agent
some one generally known !ol "nnGaonce Of
tormation and possessing the conu'i.o NJ; -
the public who ss should be to secure outside
,ha ,;rnits of Virginia as much as possible OF
me the t nasb subscription of $4,000 900 sontempa
ted in the oe eontr dyidends are promised.
cent Rr,sat three or more local agents should
~. annn;nted to procure SUBSCRIPTIONS OF ordl-
nary stock to be paid ior IN aanus VI u t
Gu snch present fair cash value, without the
n.hancement res ulting from the Improvement
os nav be agreed on between the land Owners
and themselves, not more than the valuation
81 1850 or any other lands within the direct
Influence of the proposed Improvement sub
iect to the approval of the principal agent
named in the first article.
Sd There shall be appointed in the several
counties or towns to be benefited by the con-
struction of the Covington and Ohio railroad
five or more commissioners TO make arrange
ments for procuring corporate subscriptions
of cash of the So 900 900 OF eight per cent. pre-
TERED stock; and also, If they deem 1t eXpe-
dent to open books for individual subscrlp-
lion of the same STOCK
4. The local agents named In the second ar
licle for getting land subscriptions OF stock
are expected TO make contracts providing
that satisfactory deeds shall be given as soon
as operations are commenced on the work, at
which time the vendors OF land Will become
stockholders. If any difference arise in fixing
the value of lands TO be subscribed as stock,
the question is to be referred to the county
commissioners named in the third article.
8. The president Of this company will cause
steps to be taken without delay TO obtain
corporate subscription from the city Of Rich
nond and towns and counties on the line of
the road in Virginia which are Immediately
interested, and shall appoint commissioners
10 aid him in this duty and also TO open
books for individual subscription if they think
il expedient.
g. The president of this company is re-
quested TO invite public meetings for the fur
1herance Of the enterprise.
7. The principal agents provided for in the
first article and the local agents should be
compensated for their services out of the first
money collected from subscriptions herein
provided for; but the actual expenses of the
agents named in the second article, should be
advanced by the Central Railroad Company.
Under the LIST article, the Hon. Allen T. Ca
perton was appointed agent Of the company,
and Major James Gordon Paxton as his as.
sistant.
Under the I'd article of the organization.
George Craig, John Swan, John yawter, and
Thomas Matthews, are appoin ted agents 10
get SUBSCRIPTIONS Of ordinary stock, PAYABLE i'm
land or money. The districts or Counties in
which each agen, will act will he arranged
amongst themselves.
Under the Sd article, the following com,o,s
sioners are appointed any three or more of
whom may act in their respective counties IN
arrange for corporate subscriptions to the Ave
million eight per cent stock:
treenTte County. - Joseph +. Caldwell
Mason matthews, A. q. Williams, s. g. Lud.
mann, J. w. Dunn. NJ. Arbuckle.
Monroe County.-N. Harrison, Allen T. Ca.
Perton, Lewis Ballard, John III. Vawter,
Allen Humphreys, Samuel Clarke, M. Media
MEL, J. M. Burnsiside, A. A. Chapman.
Mercer Gaaty.-James ii. French, Thomas
1 1is, 0eorge Evans, 49, jamin White, Wal.
iaee corner, J. Douglas.
Hnustt oSsnty.=A. Bsckley, H. L. Gillespie
e., rrrlnes Paris Mc9 innss, Lewis Hull, Colo
S"AwT"' james Scott, Captain Saunders,