The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-05-06
The - 9 ,e.reenville ana cola.an1a : IA ilroaa

The Gz,eenville and Col unal51 = ailroad
.;ia 5. |. compans;TS y
day, May. 2. DR.. NJ. M.LaBorde was called to the
Chair, and Mr.. c. V. Darlington, Secretary Of the
Company was requested to act us Secretary Of the
meeting. Ihe Chairman appointed committee
overly proxies, and called upon the stockholders
for the amount Of their individual stock Tho
committee n reported 4s, 161 shares represented.
The President, n. P. Hammett, Esq, read the re-
port of the President md Directors, together with
the Superintendent's report. These were referred
to committee, who, after examination, reported
something over s. $50, 900. Tho expenses OF the
past year, both ordinary and ,extracrdinary have
been little over $500, 600; of This amount $685.
O0O. have been applied to the reconstruction of
that portion Of the rond destroyed by the war and
freshet; the total income for the past year
has been S251 O00 the actual debt Of the road has
in the past twelve MONTHS increased. $50 600.
exclusive Of The. interest .accruipg upon the
bonded debt Of tie company. BE- -so.a..%t. .is; I
!, The Committee concurred in the suggestion Of
the President, that the Act Of the Legislature,
passed at the OF 1866 relative to retiring
certain bonds OF the road, should be adopted, and
recornrnend such. adoption to this Convention..
On motion of Governor Orr, the Act OF the Leg
islat9re il, regardto the! bonds was accepted by
the stockholders. Fl Es,:::. .;-i.+fTt ~
Tie annual election for President and Directors
Was gone into;. and resulted in HIP. Hammett,
Esq. being unanimously reelected as President,
and Rev. J. p Bo pee, Daniel Brown, ESQ. Col
Simeon Fair, Alex; McBee Esq, Hon: B: F. Perry;
IL, d.l IL
Farmer: Esq, Gov. ). T.. Orr, Rob't Stewart ESQ,
DR.. J. w w. Marshall and Col. J. P. Reed We're re-
elected Directors: "A "a 33 '.'y'" In
{ Col G: F. Townes offered the following resolu-
tions, which werc passed: 4; .:ss3'' .,... ! M
:Resotned, That the Stockholders Of the Green
vile and Columbia Railroad Company have heard
with satisfaction that the RAILROAD track from the
West is:approaching Asheville, m North ECa1olinn-
only sixty miles from the head of the Gsreenyille
and Columbis Railroad and entertain hopes that
the circumstances OF the country VIII ero; long
warrant an extension of q connecting road from
Greenyille to meet the railroad ut or near Ashe-
vile. . Z: ,SIst ]. a@ ti 'S%,"''; n.
ResolDed, That in the event Of such connection,
the construction of railroad from Ninety-Six, OF
its vicinity, to Aiken-for which a charter is al
ready granted by this state-win afford TO ,the bu.
sness and trade beyond the mountains most d.
rect connection with Charleston, as well as with
Columbia, and also place the Southwest in neal
connection with the whole line of the Greenville
and Columbia Railroad, and consequently with
AshviIle and roads connecting Herewith.
On motion OF Governor Orr, the following reso
luton was passed sf s Eass,i-l - :. 4
Rescued, That the President and Directors q
| the GreenviHe and Columbia Railroad be author
ICED to mako fair and equitable arrangement will
! the Blue Ridge Rairoad Company, which vii
enable them to run the Greenville trains over thu
Blue Ridge Railroad, and use the rolling stock o
| the latter Company. 3-E N: a';; % I0|