The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-11-25

The; above estimate includes all Che ex
penditure Of the present year since Apri
LIST, and is for complete road bed, graded
for q single track, with masonnry for double
track in bridges and arch eulyerts.
III tfe. amount necessary to complete the
road east OF the White Sulphur Springs be
j deducted from the above, It leaves the
amount necessary to complete the two hun.
| dred miles west Of the present terminus
$5, 7S6, 61e, or for grading and bridging az
average per mile of S23, 1888. As o revised
estimate of the work now under contract
/ has just been completed, and az it is pro.
baGle the result of the revision of the line
on the New river division will be to reduce
the estimate of last year (which Is the one
Submitted above, feel very confident that
the sum mentioned will be found ample fol
1.-THE purpose.
no estimate for the track Is submitted In
this report, as the character of the rail to
be used has not been fully decided upon,
nor do present my estimate for building
or equipments. The former will not lie
expensive; the latter will, of course, de.
pend upon the amount of business devel.
oped. iits's2f
TIME NECESSARY FOE COMPLETION.
| If as is contemplated, the tunnel on. the
first New river division, at Stretcher's
| NSoh, OS piaCcu uhuci CouSi aS1 W Coupe-
| tent parties this season, and the remainder
4 Of the line be put under contract early next
spring, the whole road can be open by July,
1872, provided the tunnel at Great Bend is
completed. It would be premature to at.
tempt an exact. estimate of the time
required to complete this tunnel. The
work is not sufficiently developed.
The contractor has been able. dur.
ing the time he has worked, to aver
age rather over 100 feet per month in
each heading opened, and il this rate be
maintained, the tunnel will be completed
at the date mentioned for the completion of
the remainder Of the line. / do not con-
slider Lewis tunnel an obstacle in opening
the whole line (although it willrequire per.
haps as long time to complete as that at
Great Bend, because the temporary track
affords means of surrounding it in case oil
delay. A similar temporary track is prac.
ticable at Great Bend, but it is not recon-.
mended for the possible few months that
| we may be detained.
| On motion of MIR. 4. n. 81. Stuart. q
| committee of eleven was appointed, TO
whom the report was referred.
The Chair appointed Messrs. A. Fl. II.
Stuart, Chas. E. Workman, Thos. j. Niche,
| 81. G. Cabell, B. II. Magruder, JOS. H. Pen.
dleton, C. r. Mason, Henry j. Smith, A.
| e. Persinger, Eugene Davis, VIM. Fl. Mac
| farland. ~,
The meeting then took recess until 6
o'clock In order to allow the committees
| time to prepare their reports.
Afternoon Session.
Mfr. Bell, from the Committee on Proxies,
reported that there were lis, 552 shares,
being largely over quorum represented
by, proxy. -.
was referred the report Of the President,
made areport which concludes as follows
"The committee cordially congratulate
the stockholders on the fiattering prospects
of the road, and recommend the adoption OF
the following resolution
Resolved, That the stockholders Of the
Chesapeake and Ohio railroad, in general
meeting assembled, do approve and adopt
the report of the President Of the road !;
and also the reports of the subordinate Off
GERS thereto appended"
The resolution was unanimously adopted.
General John B. Baldwin nominated the
following Board of Directors for the ensu-
ing year, who were unanimously elected !;
G. P. Huntington, A. a. Lowe, w. 81. AS
piuwall, Richard Irwin, and VIM. B. Hatch,
Virginia; and John Echols, Williams &.
Wickham, and Joseph L. Anderson, of Viz
ginia. .-sg.
General Wickham moved that the 18th
article of the bylaws be altered 30 as to fix
the first Thursday in December for the an
nual meeting, instead Of the fourth Thurs
day of November.
The resolution was adopted.
THE usual vote Of thanks was rendered
the Chairman, and the meeting adjourned
sine die.