The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1878-07-26
The Railroad Meeting Last Saturday.

The Railroad Meeting Last Saturday.
A meeting of the stockholders of the Balti-
more, Towsontown, Dulaney's Valley and
Delta Narrow Gauge Railroad was held in
the Court House, Bel Air, en- Saturday, the
goth inst. The meeting was called to order
by Hon. Stevenson Archer, upon whose mo-
ton William Gilmor, of Baltimore county,
was called to the chair, and George l.. Van.
Bibber appointed Secretary. MIR. Gilmor,
upon taking the chair, announced that the
object of the meeting was for the purpose Of
ratifyng or rejecting the proposed consolida-
ton of the above named road with the Balti-
more, Towsontown ard Hampden Narrow
Gauge Railroad.
Mr.. Archer, on the part of the directors of
the Baltimore, Towsontown, Dulaney's Val
ley and Delta road, then read the articles of
agreement regarding the proposed consolida-
ton, already entered into between the direc-
tors of the respective roads, explaining its
terms and setting forth the advantages afford
ed thereby. By this agreement, which had
been previously ratified by the stockholders
ofthe Baltimore and Hampden road, the latter
are to receive paidup certificates of stock in
the consolidated company for the amount
paid in by them and expended upon their
road, namely, $4,000. They surrender to
the new organization their road bed, already
partly graded, between Towsontown and
Baltimore, with the mason work, and all their
franchises, rights of way, &c. In other words,
they subscribe for 1000 shares of stock and
pay for the same in a railroad partly made.
The property and rights of way thus surren-
dered are estimated to be worth at least
100000. The new company is to be known
as "The Baltimore and Delta Railroad Com
pany."
Mr.. William H. Waters, President of the
Baltimore, Towsontown, Dulaney's Valley
and Delta Company, stated that the amount
subscribed on the books of the company was
$172,000 Upon counting the shares ofstock
represented at the meeting in person or by
proxy it was ascertained and announced that
more than the requisite two-thrds was re-
presented.
Henry Reckord and Joseph Parry were
appointed tellers, and a vote being taken
1854 shares were voted for the consolidation
and none against it. The chairman then de-
clared the consolidation carried.
On motion of Col, E. H. Webster q vote of
thanks was unanimously rendered to the Off
GERS and directors of the late company for the
efficiency and zeal with which they have Ia
bored for the success of the enterprise, and
the meeting was declared adjourned.
On motion of DR.. w. II. Monroe, of Balti-
more county, meeting of the stockholders
of the Baltimore and Delta Railroad was then
organized, with the same officers as before,
for the purpose of electing thirteen directors
to serve the ensuing year.
The following were then nominated and
elected, receiving each 3,0G1 votes, namely:
For York County, Foulk Jones Hartford
county, VIM. H. Waters, E. S. Rogers, Ste
venson Archer, Eli Tucker, James P. Street,,
G. ]. Moore; Baltimore county, A. W. Brad
ford, James L. Sutton, Philip 7. George, VIM.
Glmor Baltimore city, Charles W. Halter
Thomas Armstrong.
The meeting ofstockholders then adjourn
ed Among those present, in addition to
those mentioned in the proceedings, were
Ex-Governor A. w. Bradford and James l..
Sutton, of Baltimore county; Gen. Charles
G. Phelps and Charles w. Halter, of Balti
more city Foulk Jones, S. e. Boyd and j.
S. McIlvane, of York county; Chief Engin
eer cambridge, Hon. Herman Stump and 9TH
er prominent citizens of Hartford county.
The newly elected board of directors or
ganized by clecting William II. Waters, Pre-
sident; William Gilmor, Vice President;
Hon. Stevenson Archer, William Gilmor and
VIM. H. Waters, Executive Committee.
The prospects of the railroad are daily
Frightening, and confidence in the ultimate
success of the enterprise is now expressed by
many who before doubted and hesitated
The directors need $4,000 more; but when
we consider what has already been accom-
plished this sum need not deter nor brighten
any one. 1t can and will be raised. With
this amount added to what has already been
subscribed the railroad will be success.
Bonds to the amount of $250,OOO can then be
issued and sold, and the entire line can be
graded, equipped and the cars started within
two years after the stock subscriptions reach
the required amount.
Frederick w. Bruno, Esq, one of the
foremost members of the Baltimore bar, died
nj his home In that citv ON the 18Th inst In