The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1870-06-10
SAVANNAH VALLEY RAILROAD. |
Meeting on Wednesday the 9th inst.

ln pursuance Of Il call of Col. J. ~.
Sloan, the President Of the Savannah
Valley Railroad Company, Il meeting
Of the Stockholders Of the said Com
pany and Of our citizens generally,
was held at Abbcville G. II. OH We'd
ncsday the Sth inst. Judge Orr. J.
,p. Reed, Esq, Col. Sloar, Daniel
Brown, and other distinguished gentle
men from q distance, together with
the prominent citizens Of our own
District were present, to lend TO the
enterprise, the aid Of their sympathy
and active cooperation.
On motion Of J.P.Recd, Esq, Jno. 4.
Calhoun, Esq, the former President Of
the Company was called to the chair,
and VIM. y. Giles, the Sec'y of the
Company, requested to ask rs the Sc
crctarA Of the meeting.
The Chairman briefly stated the
. object Of the mccting-rcftrrcd to the
various Acts Of the Legislature, passed
in52, '5.l, SO under which the company.
had been organized and had been op-
Grating, and showed TO what extent
lhc acquisitions OF these Acts had
been complied with. BY the terms OF
the chartcr,thc Road was to be compile
ted in ten years, and but for the inter
vcntion Of the war, the work would
have been accomplished. The point
TO bc first determined was whether the
charter Of the Road was subsisting or
had been forfeited by failure to com.
plctc the work in the time limited.
In the former case, VIC might open the
books Of subscription ut oncc-in the
latter, we must apply to the Lcgisla-
turc for relief In any event, the
building of tho Blue Ridge Road,
must neccssitato tho early completion
of this. 1t was necessity, which
was fully recognized in the foresight
and public spirit which prompted
the meeting to-day, and which invok-
ed in behalf of the enterprise, the
largest sympathy and support.
It bcing asccrtaincd that n majority
of the stock Of the Company was not
represented, On motion Of Col. Sloan,
tho meeting resolved itself into q
public meeting Of tho citizens gcncr-
ALLY, in behalf Of tho prosecution of
Lho work.
AS preliminary TO further action
and rs determining the proceedings Of
the meeting, J. 7. Reed Esq, Offered
thc following resolutions:
Rcsolrcd, That it il d matter OF
vast Importance to 'he country that
the Savannah Valley Rail Road
!should be revived, and, constructed ut
the earliest profitable period.
Resolped, That it DO referred to a
committee consisting Of Hon. \.
Burt. Hon. j. J.. Orr, md Thos
Thomson Esq, to enquire and report
whether tho charter has been LOST bv
non user or by any other cause and
that they report to an adjourned
meeting at 8 o'clock p. NJ to-day.
In support Of these resolutions ho
urged tho Importance of the cntcr-
prise and tho necessity Of prompt en-
crgctic action TO secure its completion.
1t was an Importance which howcv.
or enhanced by the completion of tho
Blue Ridge Road, was independent of
it; and the interests and necessities Of
our own section alike demanded tho
building of tho Road.
Tho resolutions were seconded by Col
Sloan, who expressed tho opinion,
that whatever conclusion might be
reached, rs to tho present stntus Of
the company, an application to tho
Legislature to restore tho old chartor
with its franchises was so entirely
equitable TINT it could not fail TO b.
successful.
The resolutions werc then unani-
mously adopted.
Con. MCGOWAN in behalf of the
Committee appointed at meeting of
the citizens of tho District, held on
tho previous day, submitted tho rcso-
lntions which had been adopted at
that meeting.
[Thoso resolutions arc published in
another column.] 80 "aI
He explained that these resolutions
had been adopted with q view of be-
ing presented to q meeting Of tho
Stockholders Of the Savannah Valley|
Road. They ssproscnted questions
which required the confederation, and
invoked tho action Of that Company,
in its corporate capacity. But though
this meeting had NO official character,
yet 'ae II was composed largely of the
Stockholders of the Company, it was
very proper that tho suggestions en-
bpdiedom the rssolstieps. shonld be
for the,p nonaiderdtion- in !
ths pfoseeutssaSf awctls seimportant,I
ashhd 81 Sftafa q 4Ha alf,, .hs fslt assur:I 4
% Jt4hsaA4 Jtha4 1.-THE ,aaaaestiop At Location, . 5ast
ether questions should be