The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-11-30

rIaiiroass.-Aaan Meeting OF sasoc-
6 rom sae Baltimore sun,1 .ss2g
ALEXANDRIA. November 28, lSI2.-Tne
Orange. Alexandria and Manassas Railroaa
Company completed its business last nlgnts
.b,lt n large number of the stockholders have
remained In town to-day, and not . few have
gone over to Washington to spend "thanks-
giving"
Alter the reading OF the Presidents re-
mort and the reelection Of the officers of the
company, US reported yesterday, the report
of the Examining Committee was READ.
On motion of L. B. Williams the report
,vos referred to committee consisting OF
Messrs. L. b. Williams, of Orange b. ID.
Lambert, OF Alexandria B. H. Magruder,
of Albemarie: G. w. Button, of Lynch
burg: and q. S. Meem, of Shenandoah.
MIR. T.. B. Williams offered the following
resolution, which he explained, and winch
was adopted!
"Thc company having paid to the Com.
monwealth the full amount OF her Whole III,
terest in the company, and the Board OF
Public Works having transferred TO tnls
company all the interest Of the State III the
same. Including all bonds, stocks, loans' ana
claims.
"Resolced, That the President and Direc'
tors of this company be authorized TO extin'
cuisb. reissue, sell, or hypothecate said stock;
and dispose of any other interest acquired
under the provisions of, said act, in such
hiaiilier as may be deemed most egpedlentr'
The meeting then took up for consldera'
ton the contract agreed upon by the direc
tory of the Orange, Alexandria and bla
nassas and Lynchburg and Danville Rail
road Computes for the consolidation oil the
two companies and ratified by the stockton q.
ers of the Lynchburg and Danville Rallroao
Company on the 10Th of October last:
Mr.. James Barbour offered the following
resolution
"Resolped, That the contract made anc
entered into between the Orange, Alexan,
dria and Manassas Railroad Company ant
Lvnchburg and Danyille Railroad CompaD!
on the 18th day Of October, 1872, Whereby
the said companies are consolidated, be, ant
hereby is, ratified and confirmed on the par
of the said Orange. Alexandria and Manassas
Railroad Company, and the president OF thl'
company be authorized to take such steps II
connection with the Lynchburg and Dan
vile Railroad Company as may be necessary
to complete said consolidation"
Mr.. j, s. Barbour explained the action
the boards of the two roads and the advan
faces to arise from the contamination OF tht
consolidation. He stated that application
would be made to the Legislature for more
appropriate and descriptive name than VIZ
9inia and North Carolina railroad.
The resolution was unanimously adopted
G. NJ. BIacktord offered the following reso
buttons. which were adopted:
" Rcsolrcd. That this company accepts the
act of the General Assembly OF Virginia ap'
proved March 90, 1872, entitled can act tc
amend and rcGnact the first section OF an acl
to authorize the Orange. Alexandra and
Manassas Railroad Company to consolidate
and provide for the payment of its mortgage
debt, approved March 3lst. 1917
"Res0lred, That the company accepts the
act of the General Assembly OF Virginia APP
proved March %, 1872, entitled AN act to
authorize the Orange, Alexandra and Ma.
nassas Company and the Lynchburg AND
Danville Railroad Company to lease or other
wise acquire certain railroads.
Mr.. Williams, from the committee to whom
had been referred the report Of the pres!'
dent and directors, with the accompanying
papcrS. submitted the following report,
which was accepted:
"T'he committee to whom was referred
the report OF the president and directors OF
the Orange, Alexandria and Manassas Rail
road Company, with the accompanying docu-
mcnts. with the exception Of so much OF said
report as relates to the consolidation Of this
road with the Lynchburg and Danville road,
beg leave respectfully to report that they,
after lie ;rng said report, are highly gratitied
with the successful management OF the road
under the difficulties which the president
and directions had to encounter, and recon-
mend that the said report be adopted and
confirmed. All of which is respectfully SUBJ
mittcd."
Mr.. Williams then nominated for reeec'
ton John s. Barbour, Esq, for president
and the vote being taken MIR. Barbour was
unanimously elected.
Mcssrs. Il. A. Coghill, W. D. Hart, W. 9.
Cazenoyc. y. L. Slaughter, L. {. Marshall,
S. a. Cof'man, C. L. Suttle, and {. NJ. Black
ford were unanimously reelected directors
for the ensuing year.
The Chair then appointed Messrs. W. p
Shepherd of Nelson, Thomas 7. Hill of Gull
peper, J. NJ. Chapman of Orange, w. ID
Gaines of Fauquier. and Thomas Whitehead
of Amherst, the Examining Committee.
Mr.. J. S. Barbour referred to the EXAMINE
in- Committees report, and stated that the
directors had had the subject of the air-brake
under consideration, and would give it fur
Their attention.