The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-05-02
Tne Greenvine and Columbia Railroad.
ANNUAL AHErNa or THE STOCKHOLDERS.

. 81
The annual meeting Of the stockholders Of
the above company was held at Nickerson's
Hotel, Columbia, on, Thursday. The meeting
was organized by calling VIM. A. Courtensy,
Esq, Of Charleston, to the chair, and reques-
ting Mr.. G. Y. Darlington to act as secretary.
The chairman then addressed the convention
as follows: - p -. -, :
I,desire to express my thanks for the honor
you have conferred in calling me to pre-
ing, as I do, from the City Of Charleston, I
cannot regard your partality, thus exhibited,
but as q compliment 70 my native city-as an
earnest Of your good will to your fellow-citi-
gems by the sea shore, and, mt this aspect, it
viii be most gratefully appreciated there,
I know full we'll. When Charleston
was powerful and wealthy her sons
railroad connections with the interior Of our
State, and her material aid has been, in past
times, freely given to these schemes Of inter-
nal improyement within our borders, and even
beyond them. Now, when she lin common
with all within the limits OF South Caroina) is
borne down by an all-controling misfortune,
It is grateful reflection that her old friends
these years Of trial and difficulty, been stead
fast to their old alliances. Charleston desires
to foster and perpetuate her ancient friend
ships with all portions OF the State, and al
though estrauged from them in some quarters,
by causes most unexpectedly developed, she
they will be all restored and cemented by
closer ties, let us hope, than ever before.
The chairman then announced that the meet
ing was ready for business.
A committee, consisting Of Messrs. B. F..
Crayton, A. McBee and A. @. Hawthorne, was
appointed to verify proxies. The stockholders
present were called upon to report to the Sec
retary the individual stock. The committee
having reported majority Of stock repre-
sented, the convention proceeded to busin ess.
President Hammett read the annual report
heretofore published); and the secretary was
requested to read the report OF the acting su-
perintendeut and other officers. These reports
were adopted without the usual reference to q
committee.
The following resolutions were indtroduced
by Hon. J. P. Read, Of Anderson, and unani-
mously adopted:
Resolued, That this convention has heard
with great satisfaction Of the renewed and en-
ergetic efforts that are being made to complete
the construction Of the Blue Rldge Railroad,
connecting the cities Of Louisville and Cincin-
nati, and through them the great Northwest,
by direct line Of communication with our
Southern seaboard at Charleston.
Resolced, That whilst We favor and will en-
courage, to the extent OF our ability, the con-
struction of all RAILROAD, that promise to be-
come friends to our road and aid IN developing
the resources OF our common country, We re-
gard the early completion Of the Blue Ridge
Road az Of incalculable importance TO the ac-
complishment of these objects. This work is
of such magnitude as to be properly regarded
as national in it's character, and it's early COM
pletion will bind together, socially, politically
and commercially. the great Northwest and
the Southern Atlantic slope-two Of the i'm
portant sections Of our soon to-be-restored (as
we earnestly hope and desire) National Union,
by bonds that, growing stronger by time, even
the throes Of revolution will be impotent to
sever.
Resolued, That this Convention hereby re-
news the action had and pledges made at its
annual meeting in May. 1857, IN favor OF said
Blue Ridge Railroad. and will contribute to its
success all the influence and means IN lts
power.
Colonel G. F. Townes introduced the follow
ing resolutions, which were unanimously
Resolued, That the President and Directors
of the Greenyille and Columbia Railroad are
entitled to the thanks OF the stockholders for
their judicious management Of its concerns du-
ring the past year and particularly for the
zeal and efficacy with which they have resisted
the suits instituted by small portion OF the
bondholders, to foreclose the mortgage and
force the road to sale, under circumstances
that would sacrifice the interest OF the State in
| the road, and that Of the bondholders and
| stockholders generally.
Resolved, That his Excellency, GOV. ): l..
Orr Is especially deserving the thanks OF the
stockholders and bondholders generally, as
well Of the people Of this State, by his agency
in securing an Injunction upon the suits instl-
tuted by few bondholders, which were in
tended to sell out the road, at the sacrltce to
them Of several millions Of dollars.
The chairman appointed Messrs. John T.
Sloan, b. q. Beattie and q. L. Taylor, com.
mittee on election, and the convention went
into an election for president and directors for
the ensuing year, which resulted as IolioWs:
President-H. P. Hammett.
| Directors-J. P. Read, Robert Stewart, a.
McBee. B. F. Perry, Daniel Brown, SIMEON
f air, 81. T. Farmer, l.. D. Childs, j. l.. Orr, W.
A. Courtensy, A. G. Hawthorne, and u. W. W.
Marshall.
On motion, the thanks Of the convention
were returned to W. A. Wright, Esq, OF NICK
erson's Hotel, for the use Of the hall.
Upon motion, the thanks OF the convention
were then unanimously rendered TO the CHAIR,
man of the convention, for the courteous and
satisfactory manner in which he mas pre5ldeo
over the deliberations Of the meeting, and
there being no further business, the conven-
ton, on motion, adjourned sine dse.