The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-03-16
General wickham, was unanimously adopt

ed
Whereas the Board Of Directors Of this
company, mt their meeting on the 18th day
Of August, 1882, unanimously adopted the
following preamble and resoution-to wit !:
Whereas this company did heretofore
enter into certain contract with one Jo-
seph VI. Hazeltine. OF the city OF New York.
bearing date the 3lst day OF May, 1882,
whereby the Chesapeake and OHIO Railway
Company agreed TO guarantee the payment
semi-annually Of the interest, and the pay
ment OF the principal, OF certain bonds TO
be issued by the Chesapeake and Ohio
Gran-Ecvator Company ; now, therefore,
be il
ReSOlred. That either the president or
first vice-presdent, or acting president in
the presidents absence. and the secretary
be, and they are hereby, authorized and
directed to sign a certain ndenturc OF
mortgage bearing date tue 2sth day OF
July, 1882, made by the Chesapeake and
Ohio Grain-Eieyator Company, corpora
tion duly organized and existing under
and by virtue OF the laws OF the state OF
New Jersey. TO Alex. II. Orr and Alfred
VI. Hoyt. trustees, and affix thcreto the cor
porate seal Of this company, which inden-
ture OF mortgage IL made to secure bonds
to the amount OF seven hundred thousand
1900, ,000) dollars above referred to: Pro-
yided the said indenturc Of mortgage shall
contain satisfactory covenants for the insu-
rance OF the property to an amount that
may be deemed necessary for the proper
protection of the company, and for the
maintenance Of said elevator in good re-
pair during the term OF said mortgage.
Ind be IL further resolved. That either
the president or first ylcc-president, rs act
Ing president. be, and he is hereby, author
lied 10 sign the form OF guaranty indorsed
on said bonds in the following form-to
w.t.
"The Chesapeake and Ohio Railway
Company hereby. for value received. guar
antce the payment OF the within bond and
the interest thereon"
Now. therefore, be il
ReS0lred, That such action Of the Board
Of Directors be. and the same Is hereby, in
all respects ratified, approved, and con-
lirmed.
The following resolutions, offered 10y
General Wickham, were unanimously
adopted. the whole number OF votes pres
ent (2i0. 24S) being cast in their favor:
ReSOired. That the president and di-
rectors OF this company. under and by VIZ
tue of the authority OF its charter and the
laws OF the State of Virginia. be and they
are authorized to locate, build, and operate
a branch road, not to exceed twenty miles
in length, from its main line at or near The
Goshen depot, in the county OF Rockbridge,
State OF Virginia, running in the direction
of the Rockbridge Alum springs, and be-
vond, with view to develop the IRON
lands of that section.
also reSOlred. That the president and
directors OF this company. under and by
virtue OF the authority OF its charter and
the law OF the State Of Virginia. be and
they are hereby authorized TO locate, build.
and onerate branch road. not TO exceed
twenty miles in length from its main line
at a point near Nichols bridge, in the
county OF Allegbany. and State OF Virgil
nia, extending up Pounding Mill-run,
with view TO develop the mineral lands
OF that section.
also reSoi,ed, That the president and
directors OF this company, under and by
virtue OF the authority OF its charter ana
the laws OF the State OF Virginia. be and
they are hereby authorized TO locate, build,
and operate branch road, not TO exceed
twenty miles in length from its main line
at point near Coyington, In the county OF
Allegheny and State OF Virginia, III
northerly direction up Jackson river, with
a view to develop mineral lands OF that
section.
The following resolution, which was Of
fered by Mr.. G. r. Mason. was unanimous
" adopted byall the votes present (2fO.24S)
being cast in ITS favor:
Resoired. That the president and direct
orS OF this company be, and they are here
BY, authorized and empowered to cause TO
be made from time to time such branch
railroads and lateral works, not exceeding
twenty miles in length, as they may deem
advantageous TO the company.
BOARD OF DIRECTORS.
All OF the members Of the old Board
were reelected. Mr. Isaac Il. Gates was
elected to Till the vacancy occasioned by the
death OF \. NJ. Hoyt, of New York.
Adjourned.