Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1869-09-24
From the Raleigh Standard.
N, C. Heal and Personal Estate Agency
4 Card,

At meeting of the Directors OF tho
North Carolina Real and Personal Estate
Agency, held on the 3lst day of August
last, Was elected President. On the next
day a drawing was advertised to take place
on the 10Th day OF November, 1869, and
my name published as president. This
| advertisement was made without consul
j tition with me, and before the affairs OF, tho
company had been looked into. Upon
| examining into them / discovered that tho
| assets were not sufficient to justify the an
nouncement. and I Immediately called
mceting of the stockholders for the 10th
day of September. At tho meeting of the
stockholders on that day. [ stated the con-
dition of the affairs of the company, as
we'll as could ascertain it from the books
| rs found them; and thereupon the follow
ing resolutions were adopted.
ReSOlUed, That the President appoint COM
mittee of three to examine tho books ard papers
of the company, and ascertain, If possible, what
disposition has boon mado OF its funds.
The committee under this resolution re-
ported that they had not sufficient timo
for thorough examination, and offered
the following resolution, which was adop-
tod:
ResOl0ed, That the President BIO directed to
employ two competent men to examine thorough
~ lnLO the AFFAIRS OF the company, TO ascertain
and report what disposition has been made OF it's
funds, to pat it's books into the best possible
shape, and to open a new set of books upon such
system AS shall secure tho affairs of the COM
pany from confusion hereafter.
This was amended so as to allow the Pre-
sident to appoint third person to be en-
ployed for not more than five days. The
chairman of the committee also reported
the following resolution
ResolUed, That the thanks OF the stockholders
are due and are hereby rendered to IL. G.I Lewis,
Esq, Treasurer of the Company, for the faithful
manner in which he has discharged his duties
This was adopted, and it was then fur
Their
ResotUed, That the Board OF Directors be re-
quested to make assessment of three per cent
on the stock of the Company, to be paid az fol-
lows One per cent within fifteen days, and two
per cent on the 18th of October next.
ResotUPd further, That the stockholders who
have already made payments of cash upon their
stock, be allowed credit to amount of such pay
ments upon this assessment and ii this assess
ment be not sufficient to meet the liabilities OF the
Company, the Board OF Directors shall increase
the assessment until it be sufficient,
ResOtUed, That the President is hereby directed
to enquire into the matter OF money paid to }. e.
Hester, the late President, at Wilmington, Tor
| tickets and stock sold there and to require the
said j. Ct. Hester to LAY said money to the Treas
urer, or to account for it.
After the adjournment of the Stockhold-
ers, meeting of tho Board of Directors
was called for Saturday, the 18th inst.
AT this meeting the following Directors,
with the President attended Robert c..
Lewis, j. q. Hester, j. @. Hester and
Wesley Whitaker.
After the proceedings of the Stockhol-
ders were read, r. g. Lewis, Esq, offered
the following resolution
Resol0ed, That an assessment Of three per cent
on the stock sold be made. That one psr cent.
Of the same be paid on the LIST OF October one