Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-08-06
ton report ed the following vote cast:

| The first Blk named having the highest mum,
Der Of votes were declared duly elected Directors
| On the part Of tho stockholders.
Mr.. French called up the resolution offered by
him this morning, and moved its adoption, and
| desired that stock vote be taken.
Judge Person offered the following as q substi-
| tute for tho resolutions of Mr.. French
Resolued. That inasmuch as the stockholders
| of this Company, in accordance with the amend
ment of their charter, have assembled and elected
| Robert Il. Cowan, Samuel J. Person, Haywood
| W. Guion, Walter l.. Steele, Benjamin Fl. Sum-
ner, and Albert Il. Honesty, to be Directors on
| the part OF the Company and whereas, the said
stockholders have called upon the State of North
Carolina to appoint seven Directors as its part,
| as provided for in the amendment to aforesaid
| charter, and in response to this request W. W.
| Holden, Governor, has notified the meeting of
seven Directors appointed by him. and Oeburn
| l.. Harris, Superintendent of Public Works, has
| notified the meeting Of seven Directors appoint
| ed by him, and which arc different persons from
those appointed by the Governor as aforesaid ;
| and whereas, both the Governor and the Super
intendent of Public Works claim the right to ap-
| point seven Directors for tho Company, the de-
| clslon OF which question now III dispute between
the aforesaid officers of the State is, in the opin-
| ion of this meeting judicial question, and one
| which the stockholders of this Company have no
jurisdiction or power to determine, but must be
left to tho judicial tribunals of the State to de-
tormine therefore, it is directed that this meet
| ing of Stockholders having done everything On
their part required by the amended charter afore
mined .by the proper judicial tribunal of the
State who has the authority or the law to ap-
point the Directors on the part OF the State.
Mr. ". F. Leak and Col 81. w. Guion spoke
on this substitute to MIR. French's resolution.
Col. Guion offered the following as q substitute
for the whole
Res0lued That for the purpose of efecting the
organization of this Company as contemplated in
the late amendments to the charter, this Con-
vention recognizes the apprentices of the Gov
ernOr, viz VIM. Sloan, VIM. A. Smith, Jas.
Mcdonald, Jno. L. Brown, 8. p. Sherrcll, j. +.
Aydlett and JOS 3. Cannon as the Directors re-
quired to be chosen on the part of the State !;
and the six Directors elected by this meeting
hereby directed to cooperate with seven so ap-
pointed by the Governor, and they together shall
constitute the Board for the management of the
! affairs of this Company, until their term shall
| regularly expire.
ReSOtcfd, That this recognition is made solely
| for the reorganization of the Company at this,
the appointed time, to avoid all controversy; and
the stockholders do hereby emphatically declare
that by their present course, they do not commit
themselves to any future action, but reserve to
| themselves the privilege of hereafter recogni-
zlng the appointees of either the Governor or the
superintendent of Public Works as they may
| deem just and proper.
| ReSOLUed, That il from any LEGAL cause what
ever, the new Board of Directors shall be preven-
ted from taking charge of the affairs of this Com
pany, then the same shall continue under the
control and management of the present Board,
until any such restricting cause shall be re-
moved.
substitute to the resolutions offered by Mr..
French, and stock vote was called for.
motion to adjourn was made and lost.
| Jadge ferson moved to lay the substitute to the
substitute on the table, when