Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1881-04-30
THE w. p. ~ G. X. X.
Proceedings of the First Meet
ing.
leuce OF the Register.

Special correspondents Ol tne heSisSIs
PARKERsBURG, April 2S.
At meeting OF the incorporators OF
the ". P. & G. X. r. company at ]. n.
Camden's office. in the city OF Parkers-
buIg, on Thursday, d. X. Neale, Esq,
was called to preside and w. N. Chan.
cellor elected secretary.
Mr.. Neale stated the object OF the
meeting and said that the body was
ready to proceed to business.
Mr. / n. Smith, of Charleston, oiier-
ed the following resolution which was
adopted
WHEREAS, The law relating to the or
gauization OF railroads is more or less
ambiguous,
ReSOlued, That for the present the cor
poratOrs will take no action looking TO
permanent organization of the corpora
ton.
Resoluei, That under the 54th section
of chapter II of the acts OF the fifteenth
session OF the Legislature 6 West Nir-
ginia We adopt the following regulations
for our present proceedings:
|. That subscriptions be taken for
stock at once, at this meeting.
2. That il the stock is subscribed the
stockholders shall effect temporary
organization by the election OF President
and directors for the Company.
3. That We as corporators duly auth.
orized so to do. designate the city OF
Parkersburh and the Office OF j. n. Cam
den in said city as the place, and half
past two o'clock p. NJ, April 2S, 1881, as
the time for the first meeting OF the
stockholders OF the Company.
Corporators' Meeting.
At the time appointed the corporators
met and opened the books for subscrip-
tions, a large number OF shares being
subscribed for. On motion the meeting
resolved itself into a stockholders meet
ing with the same officers, viz: ID. X.
Neal, chairman; w. n. Chancellor, Sec
retary.
On motion, it was resolved that until
suitable bylaws are adopted
/. That the principal place oil business
shall be Parkersburg.
2. That the time OF the first annual
meeting shall be on the 10th day Of May,
1881.
8. That the number OF the Board oJ
Directors shall be- nine. ..
On motion, the following persons
were elected directors:
DR.. Neal, b. W. Byrne, /. N. Smith,
K. II. Browse, G. II. Shattuck, l. II. Ri.
lev, w. F Peterson, john Mcclure and
W. N. Chancellor.
On motion Committee (Messrs.
Smith, Ferguson and Byrne,) WAS ap'
pointed by the President to draft by
laws for the government OF the company
| 10 be submitted to the board OF dir ,ctors
at their first annual meeting.
IL Was then resolved that the direc-
tors be authorized to procure a suitable
seal and stock books.
On motion the following bylaw wa
adopted:
"rhe directors shall have power to
elect a secretary and treasurer, who
shall hold their offices until the first
annual meeting, or until their successors
are appointed. =.
On motion the Stockholders meeting
adjourned.
Directors' Meeting.
The Board OF Directors OF the W. +.
| & q. r. X. elected by the stockholders
at the meeting held on the 2Sth instant
met Immediately after the stockholder:
adjourned and organized and transacted
the following business:
Mr.. ID. r Neal was elected President
and w. n. Chancellor Secretary and
| Treasurer.
The first annual meeting OF the direc'
tors was fixed for the 10th day OF May
1881.
The President and Secretary were
authorized to call for such per cent. ol
subscription as might be necessary, al
4 their discretion.
A resolution was adopted authorizing
| the President with the assent OF two ol
the directors to employ competent sur
veyors. Colonel Campbell was chosen
Chief and he was aided by two oil the
most practical surveyors in the State.
A resolution was also adopted author
iring Col. l. n. Smith and b. w. Byrne
to receive subscriptions in the counties
of Kanawha, Jackson and Roane
Messrs. Chancellor, Shattuck, Neal ans
Browse in the counties OF Wood, Writ
Pleasants and Tyler. and Messrs. Peter
son and Mcclure in Ohio, Marshall and
wetzel. These parties were empowered
by the same resolution to appointotheri
for the same purpose in different locali
ties in their respective counties.
i