The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1871-09-14
From the KeosVee Cburier.
Tennessee River Railroad Company.

The annual meeting of the stockholders Of
this COMPANY was called and convened, after
due notice, at Franklin, N. G., on the = day ot
Nav. 1871. but on q call of stockholders it was
ascertained that quorum was not present, and
the President being prevented from attending
by pressing business elsewhere, it was resolved
that the meeting be djourned subject to the
call of the President.
Purs; ant to this resolution, the President
called meeting of the stockholders at FRANK
lin, N. c., on Tuesday, 22d August. On the
assembling of the stockholders, on motion OF
Mr.. N. G. Altman, Capt J. b. Robinson was
called to the chair, w. N. Altman, Esq, re-
quested to act as secretary. The books were
opened and number of shares subscribed.
A majority of the stock being represented,
the President, Gen. J. w. Harrison, submitted
a report of the condition and prospects OF the
company, with many important suggestions,
and closing with an appeal to the people along
the line to aid the company by subscriptions OF
money, labor and bonds.
President Harrison's remarks were charac.
teristic of the man, and throughout were full
of suitable suggestions in regard to the rich
and varied resources of this mountain country
i'll stock, grain, minerals and timbers. He
also called attention to the report of the Chief
Engineer Col. Low, in regard to the narrow
gauge, which showed conclusively that under
all the circumstances by which the company is
surrounded, the narrow gauge is specially and
peculiarly suited to its wants, and the character
of the country through which it passes. In a
word, the remarks of President Harrison were
to the point, his argument conclusive and clear,
and the unanimous impression made on our
citizens was that the company were fortunate
in having the services of one so able and inde-
fatigable
Prof. C. D. Smith also addressed the meet
ing on the mineral and other resources OF this
section, earnestly advising the people to seize
this opportunity of securing the completion OF
this great road.
Prot. Smith then offered the following:
ResoIued, That committee OF three be ap-
pointed by the chair, to report upon the sug-
restions and views submitted by the President.
Adopted. The chair appointed Messrs. Z.
Mr.. VIM. Sloan offered the following resolu-
tions which were adopted
Resolced, That committee be appointed by
the chairman to confer with the County Com
missioners as to what terms the vacant lands OF
Macon county can be transferred to the len
nessee River Railroad Company.
Resolued, That it be referred to the President
and Directors of this company, the propriety
and policy of letting contracts for construction,
to be paid from one-third to 0ne-half In the
stock of said company.
Resolved, That the President and Directors
of this company are hereby instructed, in any
arrangement which may be made for the con-
struction of the road through this State, to see
that the rights of this company, in the appor-
tionment of the debt and assets, shall be strict
ly observed.
The chairman appointed Messrs. c. D.
Smith, w. II. Higdon and w. N. Altman as q
committee, to confer with the County Commits
soners, in pursuance of Mr.. Sloan's resolution.
On motion of Gen. Harrison, Capt. Robin
son, chairman, was added.
Prof. Smith, chairman of the committee to
report upon the views and suggestions of the
President of the road, offered the following res
olutions: -
Resolred, That whilst we regret the Difficult
ties and delays which have attended the con-
struction of the Blue Ridge Rrilroad in South
Carolina, and the connecting route, yet we are
satisfied that the President has accomplished
all that could have been done, with proper
prudence and caution, looking to all the Cir
cumstahces.
Resolved, That the question of adopting the
Blue Ridge Railroad company in South Caroli-
ma, be referred to the President OF this compa'
ny, with power to act.
Resolped. That the necessity for sid in sub
scriptions of money, labor and bonds, by the
people along the line, is now most urgent and
imperative; and the citizens of Macon and ad-
iacent counties are earnestly invited to respond,
if they really desire the speedy completion OF
the road.
Resolvcd, That the President is hereby re-
uuested and authorized to appoint one or more
active agents to canvass the several counties
for subscriptions.
Resolued, That the stockholders of this COM
pany will cooperate with, and aid, to the extent
of their means and influence, any responsible
association, who may have, or will undertake
the speedy completion of this road.
Rcsolucd, That the President of this compa-
nv is hereby authorized, if, in his Judgment it
is expedient, to confer with the Presidents OF
the Northeastern, Augusta & Hartwell rail
road companies and other corporations in Geor-
gia, upon the subject of a union of interests in
a trunk line from Clayton to Knoxville. upon
proper terms.
The resolutions were unanimously adopted.
The stockholders then proceeded to elect by
ballot, officers for the remainder of the year.
On counting the ballots, the following gentle
men were elected President-Gen. j. w. Har-
rison Secretary and Treasurer--W. II. D.
Gaillard Directors-J. S. Cothran, NJ c. But
ler, Henry Gourdin, J. w. Dobson, ]. R. Siler,
N. G. Altman, w. L. Love and G. d. Smith.
On motion of Mr.. VIM. Sloan, the following
resolution was adopted:
Res01Ucd. That the chairman ; Of } this meeting
,1Na~ fNr N
mass meeting of the citizens of this and ada.
cent counties, on the subject of procuring aid
for this railroad.
On motion of President Harrison, the follow
ing resolution WAS adopted:
Resolrcd, That the thanks of this meeting
are hereby rendered to the chairman and secrc-
tary for the prompt and able manner in which
they have discharged their respective duties.
On motion of Mr. J. Johnston, it was re-
solved, that the secretary transmit copy o.
these proceedings to the ". C. Citizen, Reopc'