Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-08-13


to make on the management Of the road
He wished to call the attention OF the
meeting to a portion Of the seventh para
graph OF the contract entered into IN 1915
which saws az TO the right Of the Georgls
Railroad Company to vote their stock.
Jno. I. SDnrlock then read the par
aoranI referred TO. He said that by
i6at section of the contract, the Geor-
ola Railroad Company had a right to vote.
a. The conclusion Of Mr.. Spuriock's re.
marks. Mr.. Ewing arose aud said
Gentlemen Stockholders will say but a
few words, and will try TO make them a.
pertinent asl can to the question that is pre-
scented for your consideration. / do not
propose TO waste my own or your time BY
the discussion Of questions that are not
fairly raised by the proposition which is
presented, and upon which You are called
upon to vote. am not stakeholder in
this company, but represent stockholders
by PROXY.
f Mr. SpurlOck arose again and said that
he wished TO PROFOUND some questions TO
Mr.. Ewing
Mr.. Ewing said that he would answer
them.
Mr. Spurlock asked Mr.. Ewing whether
he did not say twelve years ago at the
Murfreesbcro meeting that the Georgia and
South Carolina stockholders should vote
Mr.. Ewing said that the question was
presented at Murfreesboro, and said that
he acquiesced in the voting Of the Georgia
and South Carolina stockholders, but that
be had not the charter and the contract
both there before him, and that as soon as
he did, he changed his opinion.
Mr.. Stevenson replied to Mr.. Ewing. He
said that by the contract, the Georgia and
| South Carolina stockholders had a right TO
vote, either in person or by proxy. He was
not in favor of paying lawyers fees and
carrying this through the courts. If law
yers were to be brought into Stockholders
meetings and manufacture difficulties, We
had better give up our property.
Mr.. Ewing said, by way of explaining
his vote at Murfreesboro, that he did not
argue at Mnrfreesboro in favor of the vot-
ing Of the Charleston stock, but simply
voted for it. He acknowledged that the
Georgia and South Carolina stockholders
lent them money. But did they lend ii
simply TO aid us, or to benefit themselves
Mr.. Spurlock asked the speaker if the
| stockholders had not the right TO divide
the stock.
Mr.. Ewing answered that they had.
Mr.. Spurlock then asked if the Charles
ton and Georgia stockholders had not the
same right to divide their stock rs the
Tennessee stockholders had.
Mr.. Ewing said that they had not.
Mr.. FTizzle then made few remarks az
10 the right Of the Charleston and Georgia
stockholders 10 divide their stock, and was
frequently applauded.
He then moved that the vote upon his
resolution be taken. Loud cries Of ques-
ton, question.
The resolution was adopted by a viua uoce
vote.
Mr.. Jno. Coltart said that he voted for
the resolution, but thathe thought that the
vote was not properly taken, that by uiya
UOce vote they could not tell how many
stockholders voted. He therefore moved a
reconsideration Of the vote. He then
moved that a committee of three be APP
pointed 10 get the names Of the stockhold-
ers, the prOries and the amount Of stock
represented. The resolution was carried.
Judge King made some remarks upon
the arrangement for finding out how the
voters should he made.
On motion Of Mr.. Frizell, Mr.. Coltart,
Col. Frances and Mr.. Spence, were APP
| pointed the committee, but it was after
wards changed TO Messrs. DIR. Lipseomb,
| VIM. n. Mason and Col. Hugh Frances,
with Col. Hugh Frances as Chairman.
The meeting then adjournci until
o'clock p. NJ.
At 1 O'Clock the meeting was again called
| 20 order.
The chairman Of the committee APP
| appointed TO collect the names Of stock
! holders, pr0riC5 and amount Of stock,
said that the committee wished further
time
A motion was then made &c. adjourn, but
was Withdrawn at the request Of Col.
Frances, who offered the following resolu-
ton:
Resolved, That the Board of Directors
be instructed to hereafter have the several
reports printed in pamphlet form and
placed in the hands of the stockholders as
far as practicable, for at least ten days be-
fore the day fixed for the election of Di-
rectors, and that in said published pam
phlet shall be included a statement show
ing the salary of, and compensation paid
to, every officer and employe of the COM
pany, together with a list of the stockho
ers, with their residences, number of shares
and votes Of each. Adopted.
The meeting then adjourned NATL 7
o'clock P. NJ
NIGHT SESSION.
At the hour designated, the meeting re
assembled and took up the voting again.
Nothing definite was arrived at mp 10
twelve o'clock last night, and the proba-
bility ia that the contest will continue
through to-day. FFfT
DrpsoD,,r W. HI H. oa,;or, A.