Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1868-04-10
STATE NEWS.
DATA.

WILMINGToN & WELDON RAILRoAD.-Mr.
J. A. Sadler has been appointed Agent for
the Wilmington Il Weldon Railroad at
Charlotte. Freight sent North via Colds
boro' over that road will be carried as cheap
as by the Raleigh & CASTOR Road The
State is Stakeholder in the Wilmington
& Weldon Road and whatever increases
the revenue of the road increases the in
come of the State and lessons taxation to
that extent.-Charlotte Democrat.
THE MEMORIAL AssoCIATloN.-At the
meeting of the Ladies' Memorial Associa-
ton, on yesterday, all of the former lady
officers were re- elected-a merited compli-
ment to the zeal and efficiency with which
they have discharged their patriotic duties.
Con. mittees were appointed-one to make
suitable arrangements for The annual COM
memoratIve exercises on the 10th proximo,
and one to solicit contributions in further
aid of the beautiful objects of the Associa-
ton. The appeal of these noble ladies,
when duly made, will, We trust, be prompt
ly responded to.-Raleigh Sentinel.
BURNED TO DEATH We learn that ne
gro boy fell into the fire on Friday night
in house on Eden street, and was burned
to death. He was subject to fits, and it is
supposed that he had one at the time.
We will give all the particulars in our
next issue.-New Berne Jour. Of Com.
ANOTHER ROBBERY. learn that the
smoke house of Gen. Cox, in the suburbs
of the city, was broken into on Saturday
night, and a quantity Of meat, and other
provisions, distracted.
Raleigh Sentinel
CHATHAM RAILkoAD.-A special meeting
of the Stockholders of this Railroad Com
pany was held in this city on Saturday, the
4th inst.
George ". Mordecai, ESD, acted as
Chairman, and Maj. ". W. Vass, Secre-
tary.
Of the s, 76O shares constituting the sub
scribed capital stock of the. Company, there
were represented in the meeting, in person
and by proxy 1917 shares.
The meeting having been duly organized,
Gen. W. r. Cox, President of the Road,
explained that the Stockholders had been
called together to consider two ordinances
enacted by the late Unconstitutional Con-
vention" in relation to the Chatham Rail-
road Company copies Of which
he laid before the meeting.
Both ordinances were read ny the Secre-
tary, and fully considered and discussed
by the Stockholders. That entitled An
ordinance to amend the charter of the
Chatham Railroad Company" which, on
conditions, affords aid to the Company to
complete the work, to the extent of 81, 2OO,-
900 in State bonds, was, by formal resolu
ton, unanimously ratified and accepted as
a part of the charter of the Company.
The ordinance in relation to the Cape
Fear and Deep River Navigation works
was also accepted and ratified.
DIR. W. J. Hawkins offered resolution
to raise o committee of five, to prepare
statement OF the gold value of each stock
holders subscri ption at the time paid, and
to apportion the shares of the capital stock
paid in misunderstanding fractional
shares, but to allow to each subscriber at
least one share of stOck-sald committee
to report to this meeting, and that ma
jority of all the stock of the company shall
be necessary to ratify the report of said
committee.
The Chairman appointed on this Com
mittee, DIR. W. j. Hawkins, w. ID. Hay
wood, j. NJ Heck, Julius A. Gray and W.
W. Vass, who. after retiring, returned and
reported to the meeting, in detail, the
lanes of the Stockholders, amount paid in
Confederate currency, and the gold value
of same at the date of payment, and recon-
mending that the capital stock of the Com
pany paid in be set at 1878, 6OO-or 8,736
shares, TO be apportioned among the Stock
holders according to list as submitted
This report was accepted, and the follow
ing resolution adopted:
Res0lUed, That the capital stock paid in of the
Chatham Railroad Company be 1878 600, and the
earv day, certificates of stock to be issued to the
several Stockholders, i'll proportion to the gold
value of the subscription, and in accordance with
the report of the Committee of five, this day rati-
fed by the Stockholders.
On motion of Gen. Cox, the meeting adj
journed. Raleigh Sentinel.