Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1873-05-23

fender his resignation as Superinten-
dent, when we presume the whole mat
{ ter Will be settled. General MacRae
has the entire confidence al our whole
community.
LOCAL INTELLIGENCE.
zsi*sres-sne: Affair.
4 painful report reached this city
/ yesterday. 1t Is said that \. l. Marsh.
Esq, the Agent at Fayetteville OF the
! Western i;aiiroad, is u ,lefaultcr to
the Road IN the sum cf 300, and
/ that, in = fit Uf despair, he had
poisoned himself, rather than face the
/ consequences. At the last accounts
he was stu living, although but little
hopes were entertained OF his recovery
iIr. Marsh is about forty-tive years cf
age, OF temperate habits, Il strict mem
! Der of the Baptist Church, and enjoyed
the fuii confidence OF the entire com
munity in which lie 1esi led. Deity
.jDHt7sIl, 1Gth.
Destructive Hail Storm ia >outfa
Carolina.
\ correspondent, a. c. =. ) writing
us from Bennettsville, S. c., gives us
a full account of the fearful hail storm
which passed over that section of
country last Sunday. the 11tn inst 1t
passed about 10 miles north Of Ben
nettsyiile. The stones were very large.
varying III size from a birds egg 20 a
goose egg, ar,d great damage was done
to crops, hogs, chickens, &c. The
I,n, !, 1
most, hrgs, geese, chickens and tur-
keys wee killed, glass windows were
broken, the fruit was nearly all beaten
from the trees, groves were trimmed
up, and pine limbs were cut from the
trees. Fortunately, the young cotton
was scare IL out of the ground, and it
was therefore injured but little.
Tie hail began to fall about l
o'clock y. III. and continued for about
five minutes. The storm arose in the
West and moved Eastward over a track
about three miles wide. Some of the
stones were as large as s and 10 inches
in circumference, our correspondent
having himself measured one that was
10 inches around. They struck the
ground with such force that they
would be buried several inches in the
earth. All accounts agree that it was
the severest hail storm ever known in
that section Of country.
Car.,liu;; Central RAILWAY.
Yesterday the Stockholders of the
Carolina Central Railway Company,
met at the First National Bank. This
meeting was an adjournment of the
meeting called for Wednesday, 18th
inst, at which time no quorum APP
p-ared.
j.. L. Burruss, Esq, was chosen
Chairman and ;iilas =. Martin, Esq.
was appointed Secretary.
Mess. c. II. Boberts and L. y. Hop
kins We're appointed a committee to
verify proxies and ascertain the num-
ber of shares represented.
After examination it was reported
that $500 shares We're represented by
proxy aud 1920 III person. making
1920 shares represented. The Chair
man then announced the meeting
ready for business.
\ resolution Was adopted empower
ing the President and Directors to is
suc s., 900, 900 of first mortgage bonds,
payable in 1923, bearing 6 per cent.
gold interest, payable semi-annually,
January and July, the principal and
interest payable III gold, either sterling
or American coin, IN England or New
York, at option.
\ resolution vas also adopted all-
thorizing the issue OF seven per cent
currency bonds to aid in construction
and equipment, hot exceeding, III the
aggregate, So. Gee, coo.
The capital stock was fixed at 81
O00,00
\ resolution was adopted instruct
ing the President and Finance Com
mittee to proceed at once to raise the
cash necessary to complete and equip
the railroad from Wilmington to Shell
by. The money I'LL to be paid in by
january 18th, 1874
The Stockholders meeting then ad-
journed, when the isnald of Directors
assembled, at which tic following bus
mess was transacted.
w. J. Dewey, Secretary, resigned
and Watson Matthews was made Sec
retary to fill the vacancy.
The Finance Committee appointed
weln Messrs. \. V. Stout, L. \. Hop
kins and L. H. Porter.
Resolutions were adopted to carry
out the instructions given by the
Stockholders regarding the issue OF
4 mortgage deed, conveying the
railway and property, VAS then exc
| crted by the President and Secretary
| to A Y. Stolt and L. II. Porter,
Trustees, to secure the mortgage
| bonds.
Immediately IN the passage of the
resolutions by the Stockholders auth
orizing the purchase of the railroad by
| the Carolina Central Railway Com
pany from L. II. Porter ct ais, who
| had purchased the same at the fore
closure sale in Wilmington for said
| Company. deed was signed transfer
ring all the property and effects OF the
! Wilmington, Charlotte { Rutherford
Railroad Company 20 the Carolina
Central Railway c.. Immediately Y fol-
lowing the execution OF the deed the
/ mortgage was executed.
I The meeting then adjourned.
The Carolina Central dates from
May 1st, hut all the documents were
not executed until the 18th, though the
possession OF the property had passed
to the Carolina Central.
The new Company IS row fairly
/ started. Means are ample for it's com
pletion, and energy and perseverance
will now carry the road through to an
early and successful completion
Daily Journal. 17th.
A Nashville, Tenn, man, i'll a state
of anti NIodoc enthusiasm. attacked a
woodep Indian III front Of the store of
tobacconist.
II