Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1867-07-19
Destructive Fire in Tarboro'.

| CURED IN IarbOrO, by which one OF the
most closely built business squares of that
beautiful town was entirely destroyed, ex-
| ceDt the residence and office of DR.. Hugh
McNair. The square fronts on Main street
| opposite the Edgecombe House. The per-
sons and firms doing business on the square
are, as far as recollected, as follows: Mr..
MCGEE, Grocer aud Confectioner, James
Michigan, Merchant Tailor, - Harriss,
Grocer and Confectioner, George Lips
combe, Smith & Williams, Cobb e. King,
r. T. Hoskins, Ioeller & Williams, B. J.
Keech and - Rosenthall, Dry Goods
Merchants, and the Office of the Southern
Express. The fire originated in d stable in
the rear of RosenthalIs store.
The buildings were owned principally,
we think, by Col. q. Cromwell, Capt. Wiley
Walston and Mrs. S. S. Hicks. The resi-
dence of this lady was also among those
destroyed. The store of Mr.. Rosenthall
was quite handsome one, newly erected,
and we believe he had but recently pur-
chased it at cost of $4,000. There may
be Others who have suffered, and we give
the above particulars from meagre informa-
ton, relying upon our own recollection, OF
the owners of the property and the occu
pants of the buildings.
We truly .sympathize with the sufferers
and the people generally of Tarboro' We
know they are lily prepared to sustain this
| great loss, and it must leave some of those
upon whom it has fallen in destitute cir
cumstances We congratulate our friend,
DR.. McNair, upon his escape. We hope
some of our friends will write us the partic-
ulars of this terrible fire.
Mail TO marlborough.
We stated in an editorial in reply to COM
plants made by the Argus, that Colonel
CowAN, the efficient and interchangeable
President of the Wilmington, Charlotte
and Rutherford Railroad, had made bid
to carry the mails from this city to Wades-
borough. We are glad to be able now to
state, that the Department has accepted the
bid, and the mail will be placed upon the
route as soon as the Company can procure
horses and the necessary vehicles, arrange
ments for the purchase Of which have al
ready been made.
MEETING OF THE STOCKHOLDERS OF THE CAPE
FEAR GUANo COMPANY.-The Stockholders Of the
above Company assembled i'll the Court House in
this city Wednesday at II o'clock, A. NJ, for the
purpose Of drafting code of Bylaws, electing
officers and the transaction of other business.
On motion Of ". A. Wright, Esq, J. Eli Gergg'
Esq, called to the Chair, and NJ. Cronly ESQ.,
requested to act as Secretary.
The Chair announced the readiness or the meet
Ing to proceed to business.
w. A. Wright, ESQ, explained that this corpora
ton, unlike those usually chartered, was created
under the General Corporation Law Of the State,
and that it was necessary that the powers of the
officers, etc. should be defined by the BYLAWS
adopted.
On motion, the Secretary and D. McRae, Esq,
were appointed committee to ascertain the num-
Der Of shares represented.
This committee reported the following repre-
ntaton of shares:
By proAY........... Observation-Disclosures. $50
Total ...,...................90 G
The meeting was then declared duly organ
lied.
W. A. Wright, Esq, moved that committee of
three stockholders be appointed to draft suita-
bic code Of Bylaws for the Company.
The Chair appointed as this committee Messrs.
W. y. Wright, r. T. Drldgers, G.. w. Grafflin.
The committee after retiring for a short time,
returned and reported code Of Bylaws which
were adopted after being amended in some re-
spects.
The bylaws provide that the annual meetings
of the stockholders shall be held on Wednesday
~ AZ
year; and that special meetings may be called by
the President any three Directors, or any num-
Der Of Stockholders representing ono-fourth of
the Capt. al Stock, whenever, in their opinion the
interests Of the Company render it necessary. At
least twenty days notice must be given of any
meeting, general or special
The Bylaws further provide that Board of
Directors, consisting of eight stockholders, shall
annually be elected, who from their number shall
elect President and Vice President and shall
also be entrusted with the general business of
tile Company. The election Of minor officers and
the employment Of clerks and laborers is also
made the duty of the Directors. In addition to
the offices of President and Vice President, the
Bylaws provide for the election of another off,
cial-a Secretary and Treasurer. The Directors
are to meet as often as they consider Unnecessary.
The Presidents duties defined by the By
Laws, as also those of the Secretary and Treas-
urer, the bond Of the latter to be fixed by the Di
rectOra. The question of the Presidents salary
is left open until the next meeting. All checks
and drafts must be countersigned by the Presi-
dent Or in his absence by the acting official, af-
ter being signed by the Treasurer.
The above, together with the usual provisions
regarding proxies, transfer of certificates, etc,
constitute the main features of the Bylaws.
After the adoption of Bylaws the meeting pro-
ceeded with an election of Directors. The COM
mlttee appointed to superintend the election re-
ported the following gentlemen duly elected Di-
rectors Of the Company j. Eli Gregg, of South
Carolina; r. r. Bridgers, President Wilmington
q Weldon Railroad; W. A. Wright, of Whining
ton, N. c.; G. W. Grafflin, of Baltimore, Md; Ed
Kidder, of Wilmington, n c.; W. J. Hawkins, !
President Raleigh CASTOR Railroad; W. Evans,
of South Carolina Jesse II. Powell, of Edgecombe
County, N. G.
On motion of ". A. Wright, Esq, the meeting
adjourned. to meet in the Court House in this
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