Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1877-05-17
STOCKHOLDERS, MEETING.

The fourth annual meeting OF the STOCK
holders of the Chester and Lenoir Narrow
Gauge Railroad Company, met in the town Of
Chester, S. c., at II o'clock, A. NJ, on the
10th of May, 1877, and organized by calling
j. S. Wilson, ESQ.,, of Chester, to the Chair,
and appointing w. B. Metts and Jas. Mason,
of Yorkville, Secretaries.
On motion, the Chairman appointed G. w.
F. Harper, of Caldwell, N. c.; w. H. Motz,
of Lincoln, N. G. and L. M. Grist, w. b.
Metts and James Mason, of York, S. c., q
committee to verify proxies.
The committee on proxies reported 2,914
shares represented as follows: $3.50 by proxy
and 2S4 in person. ....'
The annual reports Of the President, the
Superintendent and the Treasurer, were read
and referred to committee of three, consist
ing of L. M. Grist, Joseph Herndon and j.
F. Wallace said committee to report to the
next regular meeting of the Directors.
w. H. McCorkle, j. F. Wallace and Jas.
l.. Clark, committee appointed previous to
the meeting of stockholders, to examine the
Treasurer's books, accounts and annual re-
port reported that they had discharged the
dury assfgued rt1em, Il books,
counts and report correct.
On motion of VIM. II. Hardin, com.
mittee was appointed, consisting of W. H.
Hardin, of Chester; L. M. Grist, of York ;
Jonas Hoffman, of Castor; V. A. McBee, of
Lincoln J. G.. Hall, of Catawba; and G. W.
F. Harper of Caldwell, to nominate officers
for the ensuing year.
On motion of Major j. F. Hart, it was
Resolved, That the salaries of the following
officers of the road be established as follows,
until otherwise directed: President, nine hun
dred dollars Superintendent, one thousand
dollars; and Treasurer, nine hundred dollars.
The committee appointed to make nomina.
tions of officers for the ensuing year, recon-
mended the following, who were elected by &C.
clamation
For Presidential. H. Davega, of Chester,
South Carolina.
For Directors-G. w. F. Harper, of Cald.
we'll, N. Co. G. Hall, of Catawba, N. G..
V. A. McBee, of Lincolnton, N. c.; Uriah
Matthews, of CASTOR, N. c.; H. F. Adickes
and j. F. Hart, of York, S. c.; G. s. Brice
and J. S. Wilson, of Chester, S. c.
Major j. F. Hart introduced the following
resolutions, which were adopted ... ...
Resolved, That the President and Board Of
Directors of the Chester and Lenoir Marrow
Gauge Railroad Company, be instructed to
require that the expense Of grading and trest'
ling the line of road beyond the town of Lin.
colnton, N. c., be provided for by the counties
through which said line passes, and that no
expenditure of the present assets Of this COM
pany, either to support convict labor or 9TH
erwise, be authorized for grading or trestle-
work, or right Of way, between the towns of
Lincolnton and Lenoir, in the State of North
Carolina. .:.
Resolved, That the President and Board OF
Directors are authorized and empowered,
whenever the grading, trestle work and right
of way are provided on that part of the line,
to mploy the assets or credit ofthis Company
in laying continuous track upon the same.
On motion of Major Finger, the following
resolution was adopted:
Resolvsd, That the President be instructed,
before the completion of the grading to Lin
colnten, to cause survey to be made on the
east side of CIark's Greek, to the town of
Newton, N. c., with estimates of cost, and if
responsible persons will guarantee the grading
and trestling from Lincolnton to Newton, N.
c., or if they shall be willing to take charge
of the convicts, and with them do the grading
and trestling between the two places, the Prea-
ident and Directors are hereby instructed to
put them in possession of the convicts and give
them choice of routes for the road and when
the grading and trestling are done, to issue
certificates Of stock, to the amount of engineers
estimates, to the persons who shall have taken
the contract and done the work, or to others
to whom they, the contractors, may determine ;
Provided, that responsible persons will guar.
antee the cost of said survey. ... .
The following resolutions. offered by c. S:
Brice, Esq, we're adopted: .....
Resolved, That the thanks of the Chester
and Lenoir Marrow Gauge Railroad Compa.
nv are due, and the same are hereby respect.
fully rendered, to the General Assembly of
the State of North Carolina, for the liberality
manifested toward said Company, in allowing
it the use of convicts to assist in the construc'
tion of its track through the counties in said
State, wherein said road has. by charter, been
located. ......-..- ..... .
Resolved, That said Company hereby &C.
cept the several provisions of the Act of the
General Assembly of said State, granting the
use of said convicts in so far as the same re-
fer to and are applicable, in whole or in
part, to said Company: ...sn -.
Resolved That said Company recognizes its
obligations to press forward the work Of the
construction, and the active and beneficial
operation of said road, as speedily as possible: