The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-03-22
SAVANNAH and CHARLESTON RAIL
road COMRANY
HALL OF PLANTERS AND MEUHANICs' BANK.
CHARI .EaTQN. 8. C.. March II 1860

HALL OF PLANTERS AND MECHANICS BANK,
CHARLEsToN, 8. c.. March IL, 1862
The annual meeting Of the stockholders Of
the Savannah and Charleston Railroad Com
pany postponed from the 9th of January,
1862 was held this day at 10 M.
majority of the stock being represented,
the meetinsh was called to order by Hon,
Henry Buist who moved that E.. W. Marshall,
ESQ take the chair,
The minutes Of the last annual meeting we're
read and confirmed.
The President submitted his report, which,
together with the Superintendent's report and
statements of the Treasurer, was ordered to be
published: $ tt
SECOND ANNUAL REPORT.
SAVANNAH AND CHARLESTON 4. r: CoMpAN1,l
CHARLEsToN, Il. o., March IT. 1869.
To the Stockhotders-1he Board of Directors re-
spectfuy submit the accompanying reports of tho
superintendent and Secretary and Treasurer, axhie-
iting IN detail the affairs Of the company for the past
year. .
1t will appear from these reports. that progress
last annual Getting This, douhtless, has givsn
rise to critlcism and perhaps from persons
not Intimately acquainted with the difficulties which
has beset your direction.
To m alntain tho operations of the road up to the
present time, with its limited resources, has taxed
our utmost ingenuity. and only been accomplished
finances.
Win an aoldmg COntdenco In ultimate success,
we have struggled vigorously against every adverse
circumstance to sustain the present status Of the
road until such time as tho plans had in contem.
plation could be fully realized. We now have the
pleasure to congratulate you the consum alton
OF our efforts in the passage Of act by the Gen-
the means necessary to complete the road to Sa.
vannah. .,nf
The securing Of this long and anxiously looked for
aid has been attended with vexatous delays and, at
times with obstacles SUFFICIENT almost paralyze our
energy but we have never relaxed exertions for
onnf nnRH t0rt
which we were engaged ,,
1he moment for prompt resumption Of the work
upon the road has arrived and it is earnestly ex-
pected that the Board of Direction you now called
on to elect will lose time in pushing forward the
work to an early completion.
The Importance of opening up this line Of com
munication has been more manifest within the past
than at any period since the hrst conception Of
To every one interested in railroad affairs travel
ling the seaboard line north Of this city, 1t must
have been apparent how great has been the
Of passenger business coming south during the win
ter, and consequently corresponding return North
as the suramer approaches. No insignificant share
fertile soil and genial climate Of our neighboring
sister state, Florida That this migratory and pc.
rtodical travel and business will be augmented the
future by the increased facilities and comforts a
fordsd by the Savannah and Charleston Railroad no
one can doubt; sufficient evidence being daily ad.
duce BY the volume of travel seeking that region by
the crcutous route via Augusta and savannah, or by
the sea route via Jacksonville and Fernandina all Of
which i'll necessarily adopt the more direct speedy
and economical communication aTorded by our
line. 1at} Gl :. n q
It is also we'll known to our business community
that at the present time except very limited ex-
TENT our city Is deprived Of the benefits of large
ehare of ts legitimate jobbing trade from Of the
most iaSored eectons OF the South, for want of tie
proper facilities. Previous to the war Charleston
beral patronage from tho section Of coun-
fry hsana West as far as the Gulf of Mexico,
splanters Of that region invariably sought
tor the sale of the great staple the
aost advantageous to the interests. This business
we will again command whenever the Savannah and
Charleston Railroad is completed.
In addition, we have reasonable assurance Of q
more direct communication with the West India
Islands via st. Marks, Florda. line and Of
revenue therefrom never contemplated until within
o short timepast. e@ I'M
Without desiring to excite delusivs expectations,
your direction cannot refrain from expressing their
confidence in the future prosperity the road with
persistent energy, and determination to overcome
all obstacles, our efforts must result In success.
Respectfully submitted
J.. R. BoYLsroN. President pro tens
OFFICE ENGINEER AND SUPERINTENDENT,
sAvANNAH AND CHARLESTON r. r. CoMPANY,{
- CHARLEsToN january /, 1859. }
Mr. ~ e. Boylsten. President Sasannah and Charles.