The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-03-18
SAVANNAH AND CHARL ESTON RAIL
ROAD COMPANY.

The annual meeting Of the stockholders OF
the Savannah and Charleston Railroad Compa-
ny was held yesterday in the hall of the
Planters and Mechancs' Bank. A large num-
Der Of stockholders were present.
The President presented the following re-
port:
SECOND ANNUAL REPORT.
SAVANNAH AND CHARLESTON RAILROAD CoA1pANYl
CHAIR ,RsToN, :. O., March IT, 1859. (
To the SfockhoLders-The Board OF directors re-
spec,iu " submit the accompanying reports Of the
superintendent ard secre ary AMI treasurer, exh it.
ing In detail the affairs Of the company for the past
Year.
It will appear from these reports that no ,,rogress
EEs beea made in the work OF reconstruction since
our last annual meeting. This doubtless hos given
rise to criticism and perhaps -ure, persons
not intim toly acquainted with the difficulties which
has beset your direction. s1 ea"
present time, with Its limited resources, has taxed
our utmost ingenuity. and only been accomplished
by ligd economy q careful aduints ration OF its
'fnarces. f.-t',ti 51t T, ,i a %
With an abiding confidence in ultimate puccess, we
have struggled vigorously aganst every ad
oumsance 70 custain the present status Of the road
until euoh time as the plans we had in contcmpla-
ton could DO fully realized. We now have the
pleasure to congratulate YOU on the consumma
ton of or efforts In the passage 81 an ao, by
the General Assembly, rattle the I'd inst. afford.
vannah. Ell !. lls. .I4GiTI r.rT
The securing of this long and anxiously looked
for aiJ has been attended with vexatlous delays,
and at times, with obstacles suffoieat almost to
paralyze our energy, but we have never relaxed
our exertio e for a moment, confident of the sue
cese Of the cause in which we were engaged ,E
The moment for a prompt re umpton Of the
work upon the road has arrived and it Is earnest
ly expected that the Board Of Direction you now
called on to elect will lose no time in pushing for
v ard the work to an early con piet,on
The Importance of opening up this line of COM
municaticn has boen NOR. manifest within the past
year than at period since the first conception OF
the enterprise. ,$s,+aj
10 very one interested In railroad affairs travel
me ftx1 ftvro,1c
been apparent how great has been the increase of
passenger business coming South during the winter
the summer approaches No insignlfcant share Of
this travel is tributary to- road invited by the
fertiie soil and genial climate of our neghboring sis
ter st te Florida. That this gratory and pei iodica
travel and buslncss will be augmented in the future
by thc increased facilities and comforts afforded by
the savannah and Charleston Railroad DO Que can
couht; sufficient evidence being daily a1duced by
the volume Of travel seeking that region by the cir
cuitous route via Augusta and savannah or by the
sea route via Jacksonville and Fernandina, all OF
which will necessarily adopt the direct, speedy
and economical Q mnunicaior afforded by our line
It Is also well known TO our business community
that at the present time Except to very limited
extentl, our city is deprived Of the benefits OF
OF the most favored ections of south, for want
OF t"e proper facilities. Previous to the war
eeoon OF Depa n M the
Guf of Mexico while the Ian OF that region in-
yariaoly sought this ct for the sale Of he great
staple as the mcst advantageous to their interests
THIS business we will again comm md when yer the
Savannah and Charleston Railroad Is completed.
/ In ad 'ition. have reasonable assurance of q
more direct romn unication with the West Indja Is
lands via st. Marks. Florida, over line, aud
revenue thers from nevcr contemplated until within
q shorttime past. ; tN .{f
Without desiring to excite delusive expectations,
yur direction cannot ref ain from expressing their
c0nhdence in the future prosperity Of the road.
With persistent enetsy and determination to over
come ali obstacles our efforts result in success
Respectfully subrnt ted >3 D Ia f.
~ @~,- ..e-J III. BoVLsToN, President pro tenn.
yvh nm al
held, which resulted as follows:
~ II BoYLsroN j. b. CAMPBELL. y 10, /
u JAMES H TAyLoR.M tDAvID JENN1Nas ~
ALEX. Is AAcs y sssss - SAN NDREW SaMoHDs.
w. 3. HAsTIE.* Il. I. CUNNINaHAMt
SELECTED by stockholders. ,-f,. y !. .
>fAppohmti its BY the Governor of South Carolina
fViSe John 8: Ryan, who deA4nedre reelection