The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-03-06
INVENTORY TAKEy-cAsH BALANCE.

INVENTORY TAKEN-CASH BALANCE.
On motion it was ordered that an inyen-
tory OF the personal property Of the James
Piver and Kanawha Company be taken. 1t
wes also ordered that a representative OF
the Richmond aud Allegheny Railroad Com
uany assist in taking the inventory.
ON motion it was ordered that the cash
balance in bank to the credit of the James
River and Kanawba Company be placed 10
tho credit Of the Richmond and Allegheny
Railroad Company.
| II was al.o ordered that the 100000 paid
Inv the Richmond and Allegheny Railroad
! COMPANY I'm liquidation OF the floating debts
OF The james River and Kanawha Company
be deposited in the Planters National Bank,
10 be paid out by the order OF the President
and Board OF Directors OF the Company.
The insurance policies on the property OF
the james River and Kanawha Company
were directed to be changed to the name OF
the Richmond and Allegheny Railroad COM
pany. ~, 81
iourned until Thursday next.
MEETING OF THE STOCKHOLDERS OF THE JAMES
RIVER AND KANAwHA COMPANY.
Immediately after the adjournment OF the
Board. the stockholders met-Mr. McCance
being in the chair.
Al 9:lO p. NJ. Colonel McCook, on behalf
of the Richmond and Allegheny Railroad
Company, formally announced 10 Maloi
Johnston, in the presence OF the stocRnold'
ore that his company was ready 10 receive
the deed OF conveyance.
Il Major Johnston: am ready, sir.
The papers were then handed 10 the OF
scers n the two companies, the stockhOld'
ers witnessing in silence the death OF the
old and the installation OF the new company
The James River and Kanawha Company
now passed from existence, and Mr. Georgt
NJ bartholomew, president OF the Ken
nn,dand Allegheny Railroad Company
, onnouuced that as such, aud IN DehaIi o.
tbot company, he formally took charge o.
, ali the works. property, and franchises ior
, merlv belonging to the James River anC
: Kanawha Company. ,.
. The Richmond and Allegheny Railroad
2 Company was now formally 10 aulhorlty'
! ,,e,s.vr wORDs-ApJOURYMEST SINE DIE
Major Johnston addressed the meetlnl
hriefly. expressing his appreciation OF III
I kindness that had been shown him by lD
: officers and agents OF the company, ID
!. Roard. and stockholders, during DIS ad
: minjstraiion, and said he was ready 10 Ia,
: down the Office he had held, but did 80 VIII
I M resret. as we are now 10 have grei
Y railroad up the valley.
a Mr.. b. II. NowliD, OF LyncnDurg, one
: the state proxies, also made iew ienciIou
. remarks. and spoke very warmly OF thc'su
i, nsrhuman efforts OF Maior Johnston dun0
!, tbe mast three years. He congratulated tn
C new company upon acquiring the vaiimDi
5 works. properly, and franchises OK III
Iames River and Kanavha Company, an
wished them much prosperity.
!. Mr.. EIlyson moved that when tho stoch
: holders adjourn they adjourn SiN d''
/, Agreed TO.
3.00 p. NJ, Mr.. Ehyson moved tbat 10
0 stockholders do now adjourn. Agreed u
c and the meeting adjourned sine dbe.
: PLEASANT PROSPECTS OF THE NEW coapANi
Tine Richmond and AlIeghany Ralroa
y tCompany have boen diligently at WORK eve
) since the new company took charge OF u
. canal line, and have disposed OF an ~ -
mense amount OF routine business. IL
Raard OF Directors nave had several mae
in.s. and have mapped out a prograIli
! which will occupy the time ani attention
tbe yiee-president very fully for many day
r Several members OF the Board nave ie
:. tho city. hnt the Executive Committee, WI
II naye aI,,I,ority 10 act. wal remain for u
:, nresent 10 dispose OF aisy new question
n that may arise. =
70 Tne general plan OF the company Is
- nusb the work forward with all me sps'
J oossibIe and to complete the entse Iine
D. ,ore ,he time fixed 10 the bill exsires.
TIE ENGINEERS.
Mr.. HID. whi.eomb has hssn appo1'
al consulting engineer, and MAJOR H.
Id Temple Chief engineer tne .ra 's'. superi
5 ssndent ] OF a railroad in sesth Caroline :
by os soon as his affairs can be wounu .p
nd viii relnrn to Virginia and take ehaltu :,
the important work for wS'sa ss Is ns so + ia%i sS
qualified .a.snnS,e ama T',h Mr. Ma'S8 %h'eonO viii
'ln m raence operations.
es CONTRACT AwAhDm,
- Last sigh. Mr.. wh''s0m0 aaa 'l' -