The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1881-07-07
Convention OF the stockholders OF the
8. VI. y. Il Cpmpany.

Pursuant to call Of the President and
Board of Directors, convention Of the
stockholders Of the Savannah Valley Rail-
road met in LoWndesyille on Thuraday,
S0th June, and was organized by the cleo
ton of Maj. E. B. Murray President, and
John u. Breazeale, ESQ, Secretary.
subscribed to the capital stock Of the Com.
pany, except Centreyille In Anderson coun-
ty, were enrolled as delegates, after which
the report Of the President of the Com
pany was read, as follows:
To THE CONVENTION OF STOCKHOLDERS OF THE
SAVANNAH VALLEY RAILROAD COMPANY: On the
18th day OF November, 1872 the representatives Of
the Townships that had subscribed to the capital
stock Of the Savannah Valley Railroad Company
Of is snd ID eceS ig5
dent and Board of Directora. The by. laws fixed
the time OF the annual meeting OF the stockhold-
era for Wednesday after tho second Monday In No
vember. and by Q resolution of the Convention
Anderson c. II. was named es the place for tie
| next annual meeting The Townships that had
subscribed 30 the capital stock of the Company
failed to elect delegates to the annual meeting f
1880, and the time passed Without convention of
boS ts annual mesjpE and 20 o. eIeet ne
President and Board of Directors, the present
Board. nnaer the thc chnr.sT aud bylaws, have
held over until their successors could be elected.
Your bylaws give TO the Board the powe. to call
special raeetingsof the stockholders whenever they
might deem 1t necessary TO do so, power which,
/
| or 10 exercise until now. ~ IA
| At your last meeting I'm November, 1870 you re-
quested ihe President By resolution to procure On
j amendment 10 the Charter, authorizing connec-
/ tion With Edgefeld, and thence with Aiaen. ow-
ing TO ths failure 10 get the bill through the Legs
Cd until the last session, December, issO) Ii was
also considered desirable In the inception Of our
enterprise that should II possible, procure
vict labor to do the grading. Having failed to pro-
cure convicts from The Board entrusted with the
hiring OF them on applications made In 1880, re-
sort was had 10 the Lgslature at a. last sessi?n
with no better result. Aud more than all, in the
early Fall Of last year certain taxpayers resdenta
OF the diflesens Townshps in Anderson tnat had
subscribed 10 the capital stock OF the Company,
the taxes, and threatened to Institute q suit or
suits In the Courts TO test the validity Of the tax,
Such suit was imminent during The time OF hold.
or less SO alnce and not only eheckedt by ,ls
influence the general payment OF taxes Tor the
time but rendered i ~ orss III
meetings preliminary to the Convention OF stock
holders. They hesitated 10 call those meetings In
face Of sn @
lsgtimate expedlent to quiet and II possible, re
move It, they are gratined to be sbis 10 say tna.
much OF Ii ilas been overcome, and that, IN their
! Judgment better and more hopeful ieeling pre-.
veils In regard the future OF the road no snii
mas been brought " the iaxpsJsss IL Aizsss ~,
son, and the Board now entertain the nope tnA'
Woreoysr: the Board having In the Summer OF
1880 commenced the wort. OF surveying anu toSs-
ting the road desired to be able 10 report me Son
Melton of this part OF the work TO the next Son,
| yention OF the stockholdere The survey ana nnai
| Iocat,on has been recently completed, but the
Isoard regret that II has not been accomplished
1Tiihont Creating dissatisfaction among certain TAX
!. nayers 10 Calhoun Township In Ahheviiie Couh.y'
m 70 the line adopted through at low nAnip;; =;
Upon the pfelImInafy survey made OF ,hs pa@s. 49, y.
the road in the Sumnier OF 1850 ~ many as tnies
routes were surveyed intersec;tDg the SrSenWoou
Z Augusta Railrosd at different pointssne w. g.
teri, or Ne Carmel route the mIddle OF Aennets ~
ronfe and The Eastern route. When Ael Ise ,i.e
Con,pany's Engineer, was ready TO snpnls nas ~
neft of the survey full meeting OF ine 9oatu ~ "
Girec,ora was held at Arderton on tue .SIa ueI "a
Jri :. i0sO ynen Dy previous nUtco ullu an n,
ser,rrnI rentIc.nen from Calhoun and DoIus1u4 49,
TnSnsii:p :ps interested Ia these dineIsnt s .ou.a
Irrre nrusent 10 advocate the claims ana III
GO az rseh. Amer hearing thei- views iu., .,as
sfter corsidering the advantages OF e1en ~
fhrea routes both upon the report ol tne ~
and npoil FREQ inquiry of the patnes
o Rasrd reAehed tho conclusion thas ,ne ~ syn
iine e5hinsd mere advantages s Gshvt
iines and naily adopted II plakins ~ ~
n cc-iIIloI OF lis adoption thai the Strd III
ettiSers of Bordeaux Township TO ho a
: Iha ;fo shculd sscirs 70 tas CeaPs Psn. IA he
] tiousi subscfipton OF Stooo, WHEN th 10 bsen
4 ,,ssij seciired bond, eae-third oI,NnlSn H'-
: ,sii n, the Treasurer Of the Company. s,,on al
In yieig Of the opposition which the and
n tiis line hos teyelr Hed spsoDg the 49,, f ioes
fsIends OF tho nit = line, ,I,s rsad
b isappr6ylng the toeuon y. IsSy sit
!. and eqiinInating 10 tie Institution o, : srr