Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-12-19
LITTLE ROCK AND FORT
TOEYSOy RAILROAD.
Organization of the Company
Books open fer subscriptions OF
St0ek.

/ From the Little Rock Gazstte.l
! At first meeting of the c1rpoTstors OF
| the Little Rock and Fort TOWson Rail-
road Company, held in the city Of Little
I Rock, in the State OF Arkansas, on the
/ lllh day of December, a. D. 1858, the
| eorpoFators present ia person, and by
proxy, were Alexander MeD0nsld, Jas
/ Y. Guthrie, John W. Faust. John n.
/ Harrell, Isaac G. Mills, James P. Kill
bretb, Theodore Cook, JohnC. Crane, y.
| J. Chance.
| On motion of Jamss Y. Guthrie, Isaac
G. Mills was called to the chair az tenn
porsry Chairman, and John n. Hsrrell
| elected temporary Secretary.
John w. Faust offered ths following
resolution
Res0l0ed, That Thomas NJ. Bowen.
Logan H. Roots, James T. Elliott, Bsv-
erly ID. Williams, Jas. NJ. Lewis, Henry
Page, Samuel Tate, George r. Weeks,
Jackson +. Siekeils, William B. Wal
dran, james Il. Barton and Charles A.
Clark be permitted to subscribe stock 10
the company, and thereby, under the
charter, beeoms corpOrators in the pri-
msry organization OF said company.
Which resolution was unanimously
adopted
Tnereypon the additional oorporators
above named subscribed each one share
Of stock in said company.
Present in person OF said additional
eorp0rators, Thomas NJ Bowen, Beverly
d. Williams, james a[. Lewis, Henry
Psge, George r Week, James ii. Bar
ton and Charles A. Cisrk; Thomas NJ.
Bowen having the proxy Of Logan Il.
r 5ots, Beverly d. Williams having the
proxy OF Samuel Tate and VIM. B. Wal
4 I 10 ae.r fr,r- ~,
Of J. E. Slekells-msking in all nine
teen votes.
James V. Guthrie offered the follow
ing resolution:
RssOfged, That this meeting of c0rpo-
ratcrs and stockholders do now proceed
to elect one President, one Viee-Presi-
dent, Board OF seven Directors, one
Secretary and one Treasurer of said
Company FOR the term OF once author
izsd by the charter.
Which was adopted.
Whereupon Col. James Y. Guthrie
was unanimously elected President OF
the Company.
Col. Guthrie thanked the meeting for
the confidence expressed, but on account
Of bis advanced ege rendered his resig-
Ias seeeptsl,
Alexander Mcdonald was then unani-
mously elected President Of the Com
pAny; Beverly D. Williams unanimously
elected Vice President; John NJ. Hsyrell
unanimously elected Secretary, and John
w. Faust unanimously elected Treasurer.
James V. Guthrie, James p. Kiibreth,
Thomas NJ Bowen, Samuel Tate, Logan
II. Roots, Charles A. Clark and Henry
Page were unanimously elected Board
of Directors Of the Company.
John w. Faust offered the following
resolutions
Resolved, l. That the President and
Vice President be &c OBiciO members Of
the Board OF Directors
. That the Board of Directors be au-
thorizsd to make bylaws, rules and reg
ulStiGus Tor their government, and to
transact all business Of the Company.
8, That maj )Tity sf the Board OF Dl-
rectors shall constitute 8 quorum to
transact business.
T. NJ, Bowen offered the following res
olutiOI.
ResolUed, That the proceedings OF this
meeting be published in the city papers.
On motion of John w. Faust, the
meeting adjourned.
ISAAC G. MILLS, Chairman.
JOHN NJ. HARRzLI., Secretary.