The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1886-06-16
Whole amount Of stock 1872 "
J. ID. NEEL,
Chairman of Committee.
The whole amount of stock is Sl3S,D00.
A SORT OF FREE CONFERENCE.

SORT OF FREE CONFERENCE.
During the absence of the committee in the
discharge of their duty DR.. Croft was called
upon, when he responded: He was thorough
ly in earnest in striving to devise Il plan TO
finish the road. We must put our hands in
our pockets. and put our shoulders to the
wheel Such course would encourage capi-
talistS abroad to helpus. He believed if prop
or pressure was brought TO bear We could get
convicts now that the penltentary is full,
give of private means. Only five miles to
grade between Edgeticld and Aiken. The
South Carolina Road would be glad TO iron 1t
and run it for us If we grade and cross.tic It;
some pleasant remarks. He said the pros
poets of the road are as good to-day as they
have ever been. lie hoped TO see evidences OF
earnestneSS on our own part.
Mr. Il. +. Hill-Mr. President: / fully en-
ppcted to see Mr.. Schotield here Tonight do
not understand why lie has so often failed 70
meet us. Instead of coming here we are told
that he has gone back to England. Has he as.
Suranccs there, or does he go TO induce other
and different capitalists to take an interest IN
the road?
President Bowen-He goes to see new COM
Schoe9 Tepes 0to to keep @ % the
company with whom he has recently been ne
gotiaiing up to their contract to furnish us
with sS,5D0,000 on condition that we give bond
in the sum Of Sl,5O0I0DO that the whole line
will be built.
THE NOMINATION AND ELECTION OF DIREc-
On motion Of Judge Cothran the chair ap-
pointed u committed of five 10 nominate di-
rectors. Judge COthran requested Tint his
name bc omitted from the list: l.. w. White,
G. Bradley, J. n. Young, j. z. Gosset,, DR..
Mr.. ". II. Parker moved that the chairman
of the committee cast the vote Of the stock
holders.
the resolution | cast the vote of the stock
holders Of the Carolina Cumberland Gap and
Chicago Railroad Company for the following
named gentlemen US stockholders:
r. +. Bowen, 4: II. Gregg,
Lewis Jones, Wm. MacFarlanu,
T.. q. Croft, Il. Z. Cain,
X. w, Haddon, w. W. Sawyer,
J. $; CothIan, II. l. Eptins.
j. ii. Duckworth,
RESOLUTIONS LOOKING TO TIE BEGINNING
Dr.. Nccl moved that the officers be required
to 20 To work within thirty days.
Col. Il. T.. Bowen said he was ready TO 90 to
work as soon us the means could be secured.
Mr.. W. ii. l'arkcr-Thr Board of Directors
should devise and consider some means to re-
riNc an Interest III tli> enterprise which has
been languishins. / hope that we may not
longer wait on any promise. While Mr.Scho-
field has not succeeded his failure has not
been because of amy lack Of zeal and interest
Oh his part. lie introduced the following res
olutiOn:
Rcsoircd, That it is the sense of this meet
ing of stockholders OF the g., G. u. " &. tIil-
way Company that the Board of Directors
proceed at as early day as practicable to
consider and devise some means for the re-
ncwal of work on the construction Of the said
railroad, beginning ut Aiken or at some point
near thereto.
THE NAUGHTY LOUISVILLE AND NASHVILLE.
Mr.. w. ii. Parker submitted the following
preamble and resolutions, which were adopt
ed
JVhcrcoS, The said Traffic, Rebate Contract
of February 1883, was to and does continue
for ten years, and 1t Is to that extent, lrrcTo-
cable, and therefore this said action OF the
Louisville and Nashville Board as hercnbe-
fore stated, is in violation Of its Obligations
und said contract, anu
Whereas, The said Action of the Louisville
and Nashville Board has operated to serious
ly Interfere win, an1 may cause Il failure in
the closing Cf the Important financial ar
rangcmenls mat this company through its
General Financial Agent and lawful repre-
sentative (Wm. III. SchOficld) has closed with
responsible parties In London, England, for
$S,iOO.0O ON lis general line of securities, and
thus delay, if not defeat the building oi It's
entire line oi Railway between connection
of the Louisville and Nashville aL or near
London, Kentucky TO Aiken, South Carol iun,
and will cause great expense, loss and dam
age TO this the Carolina Cumberland Gap and
Chicago Railway Company.
Whereas, We have received the report OF
VIM. ii. Scholicd, the General Financial
Agent and lawful representative of this Caro-
lima, Cumberland Gap and Chicago Halfway
Company, to the effect that on or about the
29th day of April 1856, the Board of Directors
of the Louisville AID Nashville Railway Com
puny in meeting duly called and convened at
the LOuisyslle and Nashville general Office IN