The weekly North-Carolina standard. [volume] (Raleigh, N.C.) 186?-1869, 1868-07-22
Chatham Railroad Meeting.

The annual meeting of the Stockholders
of the Chatham Railroad Company was held
at the Office of the Raleigh and CASTOR Rail
road, in this city. on Monday the goth inst.
On motion of Geo w. Mordecai, Esq.
Gen. w. r. Cox was called to the chair, and
W. W. Vass appointed Secretary.
Mr.. K. P. Battle and the Secretary of the
meeting were appointed to ascertain the
amount of stock represented, who afterwards
reported that of s,376, the whole number of
this company, there were represented in
meeting $3.50 shares.
The meeting being duly organized, Gen.
W. R. Cox, President of the Company, read
his annual report which, on motion, was ac-
copied unanimously.
Dr.. W. ]. Hawkins offered the following
resolutions, which were unanimously adopt
ed:
ResOlUed, That In the opinion of the stock
holders, the work on the Chatham Railroad
should be forthwith resumed, and prosecu.
ted to as speedy completion as possible.
ResOl0ed, That to effect this object, the
President and Directors be instructed to
execute the mortgage required by the ortli
dinance of the Convention, as well as the
Boards of the Company, thersby required,
and to deposit the same with the Public
Treasurer of the State, and therefor to receive
from said Treasurer the amount of twelve
hundred thousand dollars of coupon bonds,
authorized to be issued by said ordinance
Resolved That the President and Direc-
tors of this company be, and they are hereby
authorized to dispose of said bonds in such
manner and upon such terms as they may
think best for the interest of this company,
in carrying on the operations of the road.
Res0toed, That the President and Direc
tors be authorized to employ Il competent
engineer, with such assistants and other Of
hcers and employees as they may think
proper to put said road under contract, and
to do all such other acts and things as may
be necessary and proper to ensure i speedy
completion of the road
ResolUed, That the President and Directors
be, and they are hereby authorized to tx the
salaries of the President, Treasurer and Other
officers of said company, and to audit and
settle all the outstanding claims against said
company, upon such terms as they may
think proper.
Col. Mckay being present, by invitataon
eloquently addressed the meeting, whcn
DR.. W. ]. Hawkins offered the following
resolution, which was adopted,
Resolued, That the stockholders have
listened with great pleasure and instruction
to the remarks of Col. w. Mel Mckay, the
president of the Fayetteville and Florence
Railroad Company, in application for aid by
by this Company, and they recommend said
application to the consideration OF the Board
of Directors. ..r. .,..5
On motion of Mr.. Murdoch, the stock.
holders proceeded to elect seven directors
for the present fiscal year-Gen. Cox and
Capt. A. B. Andrews acting as telers. The
following gentlemen were elected, namely ::
Geo. W. Mordecai, DR.. w. j. Hawkins, s.
S. Register, JAS. B. Bachelor, Geo. Little,
G. H. K. Taylor, and Gen. Joseph B. Little
john. 81
On motion of Hon. S. H. Rogers, the meet
ing adjourned. sine die.
We learn that subsequently the new Board
of Directors held a meeting aud elected DR.
w. J. Hawkins President, and continued
Maj w. W. Vass as Treasurer.