The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1867-11-29
CENTRAL RAILROAD.
Annual Meeting OF the Stockholders

Of the Virginia Central Railroad COMPANY
was held in the hall Of the House of Dele
gates yesterday.
Colonel j. b. Baldwin was called to tho
chair, and Mcssrs. John Garrett and C. ]
+. Ncthcrland were appointed secretaries
After counting Of the votes nrcsant
Colonel Bolivar Christian, from the com
mittcc appointed, reported that ,o5I votes
were requisite for quorum, and that
quorum was present.
General Echols moved that committee
OF thirteen be appointed to prepare bust
ness for the meeting.
This was objected to by Mr.. David B.
Anderson, who urged that it was out OF
the usual course of proceeding. The re-
port OF the president and directors should
be submitted before this action be taken.
The President arose to read his report,
ana was about to do so, when N. II. Mas
sic, Esq, moved that the reading be dis
penScd with {; which motion was adopted.
General Echols then submitted his mo-
ton concerning the appointment of
select committee Of thirteen to prepare
business for the meeting.
General Wickham thought that the mat
va >ouii NC IViciIeu W SOLlo ono Ol inc
standing committees.
General Echols then offered the follow
ing resolution:
ReSotUea, That select committee of
thirteen be appointed, to whom shall be
referred the report Of the president and
directors, with the accompanying docu-
ments, with instructions to report thereon
as well as upon all matters which in their
opinion arc important for the considcra-
ton of the stockholders.
Mr.. Magruder, of Albemarle, chairman
OF the committee to examine into the
papers of the treasurer's office, submitted
q report expressing entire satisfaction at
the manner in which the business of the
office had been conducted.
Colonel Fontaine called the attention Of
the meeting to that portion of the state
ment Of debt referring to its increase, and
desired to make an explanation. 1t would
readily be seen upon examination that
there had been a mistake in the summing
up, and that the increased debt should be
&l79,302.39 instead Of lS9,302.39. The
$ll7,7S7.5S expended for the extension Of
the road to Covington had increased the
property by 100000, that amount being
the value Of the extended portion Of the
road. The amount, Sol ,9G3.I5, put down
for bonds issued for interest funded was
as much due last year as this, though not
shown, as the bonds had not been issued :;
SO that this could not actually hc counted
as part Of increased debt.
The Chairman next announced the fol-
lowing committee to prepare business, in
pursuance of General Echols's resolution j:
Messrs. Niche, Cabcll, Duke of Abe
marie, Paxton, Skeen, Pendleton, Aylett,
Christian, Wickham, August, Davenport,
and Caldwell.
DR.. Brown, of Albemarlc, submitted a
resolution dcpriving depot agents of free
passes over the road.
Mr.. Aylett suggested that the commit
tee appointed on the subject of free tickets
make their report, which would cover the
whole ground.
DR.. Brown withdrew his resolution.
Colonel Fontaine read a report Of a
meeting Of the presidents of the different
railroads in the city, at which resolution
of agreement restricting the number of
free tickets TO great extent was offered ::
which resolution had been by them adopt
ed.
1t was moved that this report be refer
red to the select committee.
Mr.. Page, Of Hanover, said that he was
not in favor Of the wholesale restriction of
the privilege OF Tree passes proposed in
the report. He thought that to carry it
ont would be as difficult as il was to RENE
dy the present evil. lie offered the fol-
lowing resolution:
ReSolred, That the whole subject OF
"frec tickets" be referred to the di-
rcctory, with the request that they do all
in their power to reprcSs the evil.
Alter some Slight discussion, this was
adopted.
General Echols moved that when the
meeting adjourn it adjourn to meet at II
O'Clock to-day.
Mr.. Page preferred that o'clock that
evening be the appointed hour, as there
were many stockholders present who were
anxious to get home as soon as possible.
General EcholS said that it was impoSsi-
Bile that the select committee could pre-
pare report before this morning. Mr..
Page assented, and General Echols's mo-
ton was carried whereupon the meeting
adjourned until this morning at II o'clock.