Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1868-12-04

tanned what Georgetown was willing to do, if
anything, then meeting OF the stockholders
could be convened, and the question settled.
Mr. Mckenzie thought that the matter had
better be left discretionary with the Directory.
Mr.. MERCER seconded the views of Mr..
Mckenzie.
Mr.. Miller wanted to show Georgetown and
Washington that if they don t subscribe to the
stock Of the road, they will have no branch.
Mr.. MERCER wanted all the power thrown
into the hands of the Directory.
On motion of Q. +. Lee, the preamble and
resolution were referred to the President and
Directors
THE PRESIDENTS SALARY.
A motion to fix the salary of the President
at $4,000, the same as last year, having been
made, some one moved to increase it to s., 800
Mr.. H. Il. Harrison hoped that the increase
would not be concurred in, in consideration Of
the financial condition Of the company and the
country.
Mr.. Mckenzie said that he would much pre-
fer that the meeting should take $4,000 of
the bonds of the company, than increase his
salary.
Mr.. Mercier thought that Mr. McKenze's
salary should b increaSed-it was Only com
pliment, and if he company refused he would
pay the extra $500 out of his own pocket
Laughter
The salary was then fixed at s., 0Oss.
ELECTION OF OFFICERS.
On motion of Mr.. Harrison, LEWIS MCkEN-
ZTE was then unanimously reelected President
of the company.
r. w. Edwards, Of LoudOun, declined re-
election as Director, thinking as the road pro
crossed westward, Directors should be chosen
from that section, aud as Lcesburg had three
he would withdraw
Messrs. John Janney and j. NJ. Orr, OF Lou
doun; John Powell, of Fairfax; Benz. Morgan,
of Clarke and c. f. Lee, OF Alexandria, were
re. elected, and Geo w. Janney, Of Loudoun
and Samuel j. G. Moore, Of Clarke, elected
unanimously, Directors for the ensuing year
Mr.. G.. w. Janney takes the place OF Mr.. Ed
wards, and Mr.. Moore of Mr.. A. Jameson,
who also declined a re election
Mr.. Mckenzie offered the following resolu-
ton, which was adopted:
Resolved, That the Board OF Directors be
empowered to make all such arrangements and
contracts with the managers OF the railroad
from Alexandria to Washington city, as they
may deem expedient for securing regular run
ming connection with that city.
CONDITION OF THE ROAD WESTWARD.
Mr. Mckenzie offered the following resOu-
ton, which was adopted
Resolved, That the Board of Directors be
empowered to issue stock OF this company and
dispose of the same, for the purpose OF promo
ting the construction Of the road to It's western
terminus, to such an amount, within the limit
authorized by law, as they may deem necessary
and expcdient.
RESOLUTIONS OF THANKS.
Mr.. r. H. Lee offered the following resolu
tions, which were adopted, mem. con-.
Resolved, That the thanks Of the stOckhoId
ers are due to the President and Directors OF
the company for the energy and prudence with
which the affairs Of the company have been
managed during the past year.
Resolved, That to the President OF this COM
many the thanks of the stockholders and Of the
communities interested in this road are due,
for zeal, energy and devotion to the duties OF
his office, and the INTEREST," Of the road, which
have enabled the company to resuscltate an al
most ruined work, and complete It to It's pre-
sent terminus.
Resolved, That the thanks Of the stockhold-
ers are due to the officers and agents OF the
company for the manner in which they have
discharged their several duties.
Five hundred copies OF the proceedings of the
meeting were ordered to be published in pam
phlet form for the use Of the stockholders.
The thanks of the meeting were rendered to
the chairman and secretary, and then the meet
ing adjourned sine die.