Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1875-05-18
MEETING OF THE STOCKHOLDERS
OF THE S. V.R.R. co.

a meeting of the stockholders of the Shen>
andoah Valley Railroad Company was held,
pursuant to a call of the proxies of Jefferson
county, the Central Improvement Company
and others, at Winchester, Va, on Friday,
the 18th inst. The object of this meeting,
as it is generally known, was for the purpose
of adjusting and composing, if possible, the
difficulties, in.the organization of the Com
pany, which occurred at the late annual meet
ing of the stockholders at Front Royal. Two
sets of officers, it will be remembered, were
at that time elected,-one by the general
stockholders and the other by the proxies of
the counties of Page and Jefferson and q few
private stockholders who cO-operated with
them. The meeting at Winchester, which
was full one, assembled at the Taylor Hotel
at 2 O'Clock, P. NJ, and was called to order
by President Mcclellan. A committee on
proxies consisting of Messrs: Logan Osburn,
William Mines Jr., and A. R. Boteler, was
appointed, and after brief retirement re-
ported the representation by proxies of JefFer-
son county, the Central Improvement Com
pany and large majority of the private stock
holders.
The County of j efferson appeared by Messrs.
T. C. Green, Robert W Baylor and Henry
B. Davenport The meeting was organized
by calling Hon. William H. Travers, of JEFF
ferson county, to the chair, and the appoints
ment of Thomas N. Ashby, Esq, of Warren,
as Secretary. Thomas C. Green, Esq, as one
of the proxies of Jefferson county, presented
a written protest against the right of the Cen
trail improvement Company to vote the million
of dollars worth of stock which, under the
decree in the recent injunction case, it was
determined by Judge Turner that Company
was entitled to vote in all meetings of the
stockholders. Various grounds of objection
" ERE stated in the protest to the represents
tion Of this stock COL r. W. Baylor and
II. B Davenport, ESQ, the co-proxies of JET:
ferson county stated that they disagreed with
the proposed protest, which on motion of Col.
r. w Baylor, seconded by Logan Osburn,
Esq, was directed to be laid on the table by
a decided majority, the Central Improvement
Company declining to vote on the proposition.
A minute of the Offering of the protest and
the act;en of the meeting on the subject was
directed to be made. On motion of Col. Bay
Ter the directors heretofore elected were dis
placed end the meeting proceeded to elect
eleven directors to serve until the next an
nual meeting of the stockholders. The fol-
lowing gentlemen were thereupon elected
William Mcclellan, President, Logan Os-
burn, Charles Aglionby, VIM. Il. Travers,
Wm. D. Smith, a. r. Boteler, u L. Boyce,
NJ. B. Buck, Henry Is. Harnsberger, William
Milnes, Jr., Mann Splitter, John Kelley.
This solution of the complications of the
Company was the subject of general coDgrat-
ulation among the stockholders present, and
it is thought that all distractions in the way
of speedy negotiation of the first mortgage
bonds have by this action been removed
Soon after the adjournment of the Stock
holders meeting of the Directors was held
and committee was appointed to enter into all
the requisite arrangements to secure the neces-
sary funds for the resumption of work along
the line aud the prosecution with the utmost
vigor, Of the construction of the road