Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1875-10-21
The Railroad Meeting.

The meeting of the Stockholders
of the g., McA. & G.. R. R., Mon
day, was largely attended. Judge M.
R. MATTHEWS, of Huntington town
ship, was made Chairman, and JOHN
A. HAMILTON, Esq, of this city,
elected Secretary. The Board of
Directors submitted the following re-
port:
To the Stockholders Of the CALI
polls, McArthar and Columbus r.
r. Company:
GENTLEMEN Prior to the notice be-
ing given for the Stockholders of the
said Company to meet on this day, the
Directors of your Company had received
an unofficial proposition from James S.
Gibbs, President of the Michigan and
Ohio r. r. Co., proposing to continue
said NJ. & o. r. r. on from Columbus,
O., to Gallipolis, provided the right of
way and five thousand dollars per mile
was subscribed to said R. R. as a dOna-
tion, the subscribers to such donation
having the privilege and the right of
paying said subscriptions in the full
paid stock of the G., McA. 81 G. r. r.
Co.
Subsequent to said proposition Presi-
dent Gibbs was compelled to go to Lon
don, England, to attend to affairs of the
M. & o. company, without having had
time allowed him to visit GallipOlis to
confer with you about the matter, which
he had promised to do before sailing,
but before leaving arranged for John
Burt, of Detroit, Treasurer and Man.
aging Director of the M. & o. company
to visit you and more fully explain the
matter to you. Mr.. Burt made the
promised visit on the oath of September,
and at large meeting of citizens held
at the Courthouse on that evening,
gave his views of the situation, state
ment of which was made in the next fol-
lowing issue of the Gallipolis JOURNAL,
which statement Mr.. Burt writes is cor
rect, as giving his statement on that oc-
casion. Mr.. Burt was written to on the
29th September, requesting him to send
a proposition from the Company, Off
cially signed, that could be published,
and seen by all the Stockholders previ-
Gus to this meeting. The only response
we have TO that request is letter of Oc-
tober 9th, 1875, to w. III. Langley, a
copy of which we here submit:
OFFICE MICH. & OHIO Ry. Co..
DETROIT, Oct. 9th, 1876.
w. FL. LANGLEY, Gallipolis, Ohio:
DEAR SIR:-Yours of the 10Th ult.,
received and contents noted; also the
JOURNAL, and the report as published of
my remarks at the meeting in GallipO-
lis in reference to the purchasing of the
G., McA. & G. r. r. Co. The JOURNAL
is correct with reference to my state
ments on that occasion.
Our Co., the Michigan and Ohio,
through Mr.. Gibbs, proposes to build,
or complete your road if the right of
way and five thousand dollars per mile
is secured, to Columbus, Ohio, and
take the stock of your road at par,
no matter how obtained or by whom
owned, in payment for notes or other Sc
curity given for the purpose, but our
Company expect to get the rOad-bed
now graded at what it is worth, or in
other words, what it would cost to do
the work, and the Right of Way, free Of
all cost, to Columbus, o. We expect to
do work to obtain right of way and aid
from Macarthur to Columbus, if your
action is sufficiently encouraging.
(Signed) JOHN BURT,
Manager & Director.
The Board having received no official
proposition, as expected, from said NJ.
& o. Company, finds itself unable to
submit the question to the vote of the
Stockholders, as was intended at this
meeting. Nor does it now expect from
present indications to be able to submit
the question of such proposition until
after Mr.. Gibbs returns from London.
We regret that You have been put to the
trouble and Inconvenience of attending
this meeting without being prepared to
submit the matter to you i'm proper form,
which, when the notice for the meeting
was given, we fully expected to be pre-
pared to do.
By order of the Board,
J. j. CABOT, Sec'y,
g., McA. & C. r. r. Co.
Oct. Is, 1875.
The following was offered by R.
ALEsHIRE, Esq, and unanimously
adonted.