Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1875-01-15

the B. & O. r. r. would lease the road.
He called for information as to why the
offer of Johns Hopkins executors and
others to take bonds at 80 had not been
accepted.
Mr. Hartman offered a resolution to pay
the newspapers for advertising the call for
the meeting, saying it had had some diff
Guilty in the Board Of Directors. If the
company wouldn't pay for it he wanted to
know, and he would pay the bill himself.
Mr.. Keyser said Mr.. Harman's state
ment WAS inaccurate and incorrect and
that the bill had been referred to the fl
nance committee. Mr.. Keyser took oc-
casion to add that he had said to Col.
Hartman that if the Valley r. R was ruin
ed it would be by his want of Judgment
and discretion.
The resolution was withdrawn.
CALLED TO ORDER.
Mr., Gibbs of Rockbridge offered reso-
luton that the completed road to Harris
onburg should not be leased to any party
for less than any other responsible party
offered for it. He said that he had j. been
taught that the man who killed million
of men was a hero; where he killed one he
was q murderer, and that where a man
stole million he was financler, but when
he stole dollar he was thief, and it
looked to him like the B. Il O. Co. were
descending to the level of petty thieves in
the attempt to steal the little the Valley
had.
General and loud calls to order]
MI. Keyser objected to the use of such
language ON the floor. &c
Mr. Gibbs explained that he did not
mean his expressions in u personal sense
His resolution was referred to committee,
consisting of Messrs. Keyser, Anderson,
| Miller, Burke, and Effinger, which had
| been appointed early IN the day and to
| which all the resolutions, &c, were re-
ferred to be reported on at the next meet
ing.
RESIGNATION OF PRESIDENT GARRETT
/ PLAIN TALK.
| President Garrett, who had been cool as
> cucumber during the debates, seeing
| business drawing To II close, drew out a
paper, which proved to be a II 'tice Of re-
signation. In it he alluded to the fact
that he had not sought the position which
| he had filed for four years, but took it at
| the recommendation of the late Johns Hop
Iins and others largely interested in the
| road and at a sacrifice of his private inter
ests After abiding to the difficulty expert
i,,r ~ ~
as Were requisite to obtain the aid of the city
of Baltimore, he says with much regret
that ''the desire seemed to be evinced
from the beginning, with limited eXcep.
tions in few localities, by those living on
the line of the road, to obtain, and in
many cases greatly in contrast with the
history of bother works, built through sec
lions benefited in a greater degree than
will the people of the Valley be by this road)
| to eXtort every possible dollar from the
| company, thus greatly embarrassing it;
and that these efforts were not discount
tenanced by those upon whom the COM
pany hoped it might rely for the protec-
ton of it's interests, and from whose influ-
ence che company had expected a much
more healthy feeling as regards the pro-
curing of rights of way and lands needed
fol the company's purposes" He also
adds that there has been "a lack of prac-
tical sympathy and effective cooperation
eyinced also, and in quarters from which
the company might reasonably have looked
for the fullest aid and support in this sec
ton" President Garrett expresses great
confidence in the final success of the road,
but as ;'worl1 will not be resumed for a
considerable period" he tenders his resig-
nation as soon as a successor is elected, in
| the meantime declining to accept further
| compensation. He concludes by express
ing the belief that the expectations of
| the most sanguine Of the founders of this
enterprise will be more than realized"
| Mr.. Davidson asked if he understood
that the extortion mentioned by Mr. Gar
rett included Rockbridge.
| Mr.. Garrett said with some exceptions
the company had been fairly treated in
| Rockbridge. Lexington had been liberal
| to the road
| PLUNDERED.
| A voice-HoW about Augusta?
| MI. Garrett-In Augusta they have
plundered us.
The meeting then adjourned.
INJUNCTIoNs SERVED.
After the meeting adjourned. and before
President Garrett and the directors left on
their special train that night, an injunc-
tion issued by Judge Mclaughlin was
served on them to prevent the company
using $780, 600 of Rockbridge bonds in
their possession, and another to prevent
them using the Lexington bonds. An in
junction had been issued some days before
restraining the National Valley Bank of
Staunton from paying out 81, 900 deposited
there by Mcmahon & Green to the credit
of the Valley r. R. Co. ON the 100000
subscription Of the firm.
CONCLUSION.
About O'Clock Tuesday evening the
Baltimore men left for home on special
train, evidently greatly astonished and not
a little amused at the Valley idea Of how
q business meeting ought to be conducted.
They had not seen oratory mixed up with
ledgers and cash accounts before so liber-
ally, and they couldn't understand it.
GRANGE STOCK SALE.-The third
monthly stock sale under the auspices of
Augusta County Grange took place yester-
day at the Fair Ground, with a large at
tendance. There were a large number of
sales privately which we could not get, but
the following are the auction sales by E.
NJ Cushing: 4 fat cattle by II, Geedinr To