Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1879-12-06
STOCKHOLDERS CONVENTION
OF the Eass Tenn. Va. & Ga. Railroad
Company.

AAO VI tAC
Stockholders of the East Tennessee,
Virginia and Georgia Railroad Com
pany occurred in the Company's depot
in this city, yesterday. The Conven-
tioa was called to order by DR.. W. r.
Sewer, Of Jonesboro', at II o'clock,
and was organized by electing ] %. R.
Anderson, Esq, of Bristol, Chairman,
and Frank A. Moses, of this city,
Secretary.
The following gentlemen were Sc
lected as Judges of Election: Samuel
I. Newman, John White and FL. B.
Davis; and the following as Clerks
Samuel b Ault, Hu w. Lynn 9 ID
VIM. Mitchell. They were sworn by
Jno. L. Moses, Esq.. and proceeded to
open the polls for the election of
Board of Directors. a rTTeF
The reading of the report of the
President and Directors to the Stock
holders was, on motion, dispensed
with, inasmuch as it was published in
full in the city papers, and it was de-
cided to furnish any stockholder with
copy of the same on application.
On motion, a recess of one hour was
taken, in order to give the Stockholi-
ers time to vote.
| At the re-assembing after neon,
President R. T. Wilson read the re-,
port of the committee on the bonded
Indebtedness, and made some state
ments which show such indebtedne ss
to be about $l,042,000, which will
mature in the course of the next five
years. OF said amount, the first to be
provided for is $237, 900 of the old E.
T. & G. Railroad bonds, which fall
due in July, 1890
| President Wilson also submitted, in
the shape of aresolution, three plans
by which the money to meet this de.
mand may be raised, which reso!u
tions were adopted, with the under
standing that whichever plan is agreed
upon, the other two will be annulled.
Col. Jas. M. Meek, of New Market,
chOA Gu Az LAAS OOAhOCGiOA a
which was adopted instructiDg the
Directors to exhaust all efforts to se-
cure the funds on the first plan pre-
posed, before resorting to the other
two, or either.
President Wilson next read q paper
setting forth the facts about the pro.
posed amendment of the lease exist
ing between the Memphis and
Charleston Railroad Company and the
East Tennessee, Virginia and Georgia
which is fully explained in his re-
port, published by us-and offered
a resolution proposing the adoption OF
said amendment, explaining its great
advantages.
The restlution was adopted.
The result OF the election of Board
OF Directors, fifteen in number, for the
ensuing year was then announced, as
follows:
Jos. R. Anderson, Bristol; Thos. G..
Barrett. Augusta, Ga; Adrian Iselin,
New York r. q. Jackson, Knox
vile; NJ. K. Jesup, New York;
Joseph Jsques, Knoxville; Wm.
G. Kyle, Whitesbure; G. NJ.
McGhee, Knoxville; B. F. Newcomer,
Baltimore; s. D. Reynolds, Loudon
r. FL. Richards, Atlanta. Ga; DIR. w.
r. Sewer, onesboro'; E. J. Sanford,
Knox vile w. Il. Walters, Baltimore;
K. I. Wilson, New York.
A resolution was presented and
adopted changing the time of holding
the Stockholders Convention from
the second Wednesday in October till
the sec,,nd Wednesday in November,
each year; also comforting upon the
President the power to postpone the
meeting by giving so days. notice.
On motion, it was resolved that when
the Convention adjourn 1t be to meet
at the cali of the President, instead OF
sine die.
No other business, the Convention
then adjourned.
DIRECTORS MEETING.
The Board Of Directors, above menr
toned, held meeting last night, and
reelected as officers of the road for the
ensuing year, Maj. r. T. Wilson, Pres
iient; Col. G. M. McGhee, Vice Pres
ident; James G. Mitchell, Secretary
and Treasurer. The other manage
ment of the road is also continued
without any change, and is as follows:
o. 81. P. Rogan, Auditor and Paymas-
ter; Maj. ]. F. O'Brien, Superintend-
ent and Chief Engineer J. B. Hox-
sic, Master of Transportation james
R. Ogden, General Freight and Pas
senger Agent.
A Heavy and Bold Robbery.
Yesterday evening a man named
John Maloney, from one of the upper
counties, was looking at some clothing
at J.. T. McTeer's, while there were a
number of other persons looking and
trading. He laid his coat down for
some time, and on coming back to put
it on again, he expressed much sur
prise on missing his pocket-boOk,
which he said contained $500 and a
check for $37. Search was at
once instituted, but it was un-
availing. A colored man, who had
been trading some and had just left,
was overhauled, and on being asked
how much money he had, said $3.50.
He was OF course thought to be the
man they were looking for, but he