Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1876-08-24

dertaking to execute, by proper le-
gal evidence, such transfer Of said
road bed, right of way, and all right,
title and lien of said G., MeAs b C.
Railroad Company thereto, with
all unpaid subscriptions, sll claims
and demands and property Of said
Company Of every kind and descrip-
tion, and the guarantee of said Com.
pany of the donation of additional
subscriptions on the terms aforesaid,
to the amount of twenty thousand
dollars, ($20,0O0, )-and we do here
by grant all the power and authority
to said Company and its President,
necessary to carry out the object and
purpose herein set forth, if not here
in specifically stated.
On motion of A. j. POWELL, Esq.
said preamble and resolutions were
referred to a committee of five
Stockholders to be appointed by the
Chairman, to report thereon to this
meeting at its afternoon session,
The Chairman named as said com
mittee, A. j. POWELL, REUBEN ALE
SHIRE, H. N. BAILEY, W. G. FULLER
and S. A. NASH.
On motion, the meeting adjourned
until two o'clock this afternoon.
TWO O'clock AFTERNOON.
The meeting pursuant to adjourn
ment, met and was called to order by
the Chairman.
The committee to whom the pre-
amble and resolutions had been re.
ferred, reported the same back to
the meeting with some verbal amend
ments, and recommended that the
blanks in the second resolution limit
ing the time for the completion Of
the road by the Columbus and CALI.
polls Railway Company, be filled with
eighteen" to Macarthur, or to the
line of the Cincinnati and Marietta
railway, and the second blank with
"One." Said committee, with excep-
tion of Mr.. r. ALEsHIRE, were unani-
nous in recommending the passage
of the preamble and resolutions and
for transferring the said road bed and
right of way to said Columbus and
Gallipolis Railway Company upon
the terms of said Company's propo-
sition, Mr.. ALEsHIRE only dissenting
to the proposed donation of the addi-
tional subscription of $4,000. On
motion, the report was received and
the committee discharged, and the
recommendation of said committee
for filling the blanks in the second
resolution agreed to, and said blanks
were so filled.
On motion, the order and manner
of voting upon said preamble and
resolutions was required to be as fol-
lows: That the Secretary call the
list of Stockholders with the num-
Der of shares of stock held and own
ed by each, and that thereupon each
Stakeholder desiring to vote deposit
with the tellers his ballot on which
shall be written his name with the
number of shares of stock voted by
him, and also the words ''for the
resolutions" or the words against
the resolutions.
Mr.. A. HENKING moved an adj
journment of this meeting for two
weeks, which motion was put and de-
clared lost.
On motion, all persons who have
subscribed to the capital stock Of the
G., McA. & C. Railroad Company,
and have paid any part of said sub
scription, were admitted to seats in
this meeting with privilege of be-
ing heard upon all questions consid-
cred by the meeting, but without the
right to vote when they had not paid
up and become entitled to stock cer-
tifioates.
The Chair appoirted A. J. Pow.
ELL and w. G. FULLER, as tellers, to
receive and count the votes on the
adoption or rejection of the resolu-
tions.
On motion, the right to vote was
to five o'clock.
The hour Of five o'clock having ar
rived, and no others appearing, or
desiring to vote, the tellers reported
the votes cast as follows:
For Resolutions. 1868
Against .....,,...... 305
For sand against guaran-
w.. IVo
Total number votes .2,9S1
The Chairman announced the re-
suit of the vote, and declared that
more than two-thirds in interest of
the stock represented at this meet
ing having declared in favor of said
preamble and resolutions, the said
preamble and resolutions had been
duly adopted as the act of the Stock
holders of the Gallipolis, Macarthur
and Columbus Railroad Company.
On motion, the Secretary of this
meeting is directed to furnish the