The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-11-15
Atlantic, Ohio nnd Mississippi Rail.
road.
LYECHBURG, VA. Nov, |.

LII NCHbUhd, A., NOV. IL, Ioio.
The joint meeting of the stockholders OF
the four railroad companies composing the
consolidated line was held this morning at
II O'Clock for the purpose of organizing the
Atlantic, Ohio and Miss1sslppi Railroad
Company.
After reading the act of incorporation,
Commissioner Col. George w. Boiling an
nounced that majority Of the stocks of
the tour roads had been subscribed, and
that the meeting would at once proceed to
organize the new company.
On motion of Hon. T. s. Bocock, the pro-
ceedings of the joint meeting are to be
made out and certified to by the chairman
and secretary.
Hon. T. s. Bocock was unanimously
made chairman OF the stockholders meet
ing, and Alexander Mcdonald appointed
secretary.
On taking the chair Mr.. Bocock acknow-
lodged the compliment. He spoke enthu-
siastically Of the success that awaits this
company over its comprehensive two
New York through roads, the Pennsylva-
mia Central and the Baltimore and Ohio
railroads. lie thought all Vlrginians ought
to rejoice at the fair prospects, referring in
glowing terms to the advantages the COM
bination, in his opinion, would offer. He
then announced the meeting ready for busi-
ness.
On motion, the Chair appointed the fol-
lowing committee to frame bylaws: J. +.
Slaughter, K. II. Jones, j. ". Hinton, Il.
B. Hurt, K. Tiller, s. B. French, and Z. c.
Robinson.
Committee on Proxies J. A. Johnston,
G. ". Statham, DR.. Clement, Jno. Z. Doyle,
and }. A. Gilmore. The committee report
ed present in person and by proxy : Nor
Er,ll- II D1fn n
Southslde railroad, 0,340 shares; Virginia
and Tennessee railroad, 1920 shares Vir-
gnia and Kentucky, Oil shares. Total
number, II ,29S shares.
After an hours recess the Committee on
BYLAWS made its report, which was
adopted. Among them, one requires the
annual stockholders meeting to be held in
December; another determines that the
fiscal year shall end with the last of each
September. There are to be ten directors.
The salary OF the President is to be So, 900.
General William Malone was then duly
elected President. a committee was an
pointed to inform him, who conducted Min
to the stand. lie made 4 few apGEsfdte
remarks expressive of his apprselati6pSr
the honor bestowed, and spoksd5f -fhe great
objects had in view by the oSaniZaEon. He
urged untiring effort aud zeal as essentials
to perfect success. Ffe congratulated the
c"nsdpt msstips uF upon n.,dn its harmony and
The election of the Board of Directses
being ilfebrder, the following gentlemFT,
upon nomination, were elected II. j. Cor
prev, X. G.. Taylor, J. A. Johnston, Robt.
b. Boiling, Robert T.. McIwalne, John +.
Slaughter, Chas. w. Statham. VIM. Watts,
Gen. j. A. Walker, and Abram Fulkerson.
A motion was made (and General 2. G.
Johnston nominateCD that a director be Sc
lected from the line OF the Virginia and
Kentucky railroad. After some discussion
and explanations, satisfaction being eX-
pressed by the gentlemen of that branch,
the motion was withdrawn.
No other business being proposed, the
Chair informed the Board Of Commission
ers that the Atlantic, ohio and Mississippi
Railroad Company was duly organized by
the adoption of bylaws and the election of
4 president and 4 board of directors.
In response t. the inquiry if they were
satisfied with the proceedings. the commits
sionerS individually answered affirmatively.
The commissioners adopted Il resolution
Of thanks 10 the Board OF Appraisers for
the good faith and skill which had charac-
teriZed their deliberations and actions. The
chairman then declared the Board of Com
mssioners func:us 0ticiO.
The stockholders by i unanimous vote
returned thanks to the commissioners for
important services rendered in assisting in
the organization.
On motion, the meeting adjourned sine
die. MED.