The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1874-07-15
Y,TE R4IL ROAD MEETING.

Iaiter the rcading ~ the reports. was ulrsct-
led mainly to the election If w a. Smith
as one Of the private directors, there was
uothiag u interest brought vp for conside-
ration, except the resolutions Of W. Il.
Myers providing for the acceptance 81 the
Amc,ded Charter Of the Company passed
at the last session of the Legislature. ia
bomb she'll had fallen in the floor il could
ua have taken those not in the secret more
Iby surprise. Il was coup-dc-m main. By
whsSa consolidation. 50 far as the action Of
the Compauy was concerned, was TO be nc
complished aud il VISA subject with which
the private Stockholders present were not
|prepared TO deal at this time. For, indie
yeudent Of the fact that the acceptance Of
the Charter had been made By lcgislatisc0
enactment the bject OF special call d
the company 10 consider il, after due no.
tice. aud publication at proper times aud
places, neitheref which ia this case bad
been given. it was we'll known that the re-
suits Of the Salisbury meeting. the defects
be which tLis resolutions was intended to
supsiy. we're tbs subject Of injunction in
II he courts.
The resolutions were therefore resistc
a with energy and ability By I. z. Cameron.
'rLomas Webb. j. .. Batchelor, W. A. (
2Graham and Frank Caldwell
In The range Of discussion extending
pyer several hours, i would be impossiblcI
20 give satisfactory synopsis Of the dis
cussiun in our limits. Ii must suffice to|
Say. that with very few exceptions, as in
hicated hy the final vote on the resolutions,
most decided hostility to the scheme Of
consolidation vas developed among thepri-
sa,c stockholders. aud Sn equally strong
keadepcy IN its favor on the part Of the
State aud Directory. The resolutions were
fnally decided by stock vote. Upon the
tender Of the vote Of the State proxy. @,
NJ. Welkcr. bis right To vote was contest
ed by Hon. W. A. Graham on the ground.
that the State having already exercised il
!. voice IN the decision Of this question as ut.
tered through the Legislature, had no righi
to come again, aud exercise Its power So
cond time, when the right Of decision ougli'
TO be left to the private stockholders. ap.
! pn principle sustained ia ease where thu
!. Bank Of the State was a party, and whei
/ the vote Of the State proxy was excludes
, on this ground. Mr.. welker waived hi
!. right to vote. but upon the suggestion o
\, u. a.. Humphrey, that as a majority Of th'
:. Whole vote was necessary to decision
aud the vote Of the State essential 10 shou
7. majority Of the whole vote present. b
y claimed bis right to vote. This was allow
! ed By the President Of the meeting with th
\ Understanding that those objrcting 70 Mr
r Wicker voting have he right to recor
h their protest. which was - ordered.
y TIE vote vas then announced, and Oh
ii resolutions we're declared adpptel. an
RI sousOlidstiod declared the purpose and %
q icy Of tie coHpany.
I'd II is very certain that the Stakeholder
70 here, spd genenlIy everywhere are oppoi
ed to the scheme. IL seems to them I
O. mean nothing les than the saeri6ce Of a
% heir harJiy-niaae investments, their toti
ID absorption into the great body Of a man
H. moth corporation. wbere individuality vi
. be lost, and where individual interests vi
eli Be ignored. But The simple fact that me
cd We know to " honest. patriotic and sag
be rious. urge it as a means o. state salvation
ou sbd as conducive 70 the interested tho
70 -umc stockholders, would be . sufFeiel
re. reason to deter rs from branding d
ial .ehsme. as has been done, ssone coneciyi
jor II fraud. and carried through with the .
lrn can't bOIdness Of practieed iniquity.
10. But !. has many severe ordeal to p
ere sllroagb before il Is Jaa accomflt. Al
y those who are adverse 70 il may yet 4
for [aasbh in the discomfiturc o. It's advocates
~ s.s.,s<..--.s----
,e [INDEPEyDEgT CANDIDATE
81 Road sbe fyllpwing bic u spice from /
I'd Wilmington Journal
IA. These so.ealled independent e.
49,, iidates do not appeal from Tic nominate
rStyentioD 20 tlisif own party. but they
peal 70 tribunal composed Of TIC eBci
b sad handful Of their own psrty, I'M
che pendent candidates are sIways thus led.
re- The enemy. Il Is plain then that no N
a. can rightfully claim 10 DO true meml
d party who denies tbu duly express
I'll Of that party. Il Is TOO piain that
YER iadepeBlent Casdidstcs and den snpp
We ters sherca PARTY has pit forward regu
80 - = -. L. x.-..1 II ....f.. y. IL.