The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-04-05
STRONG MENATTHEHEAD
THE SAVANNAH CONSTRUCTION
COMPANY ORGANIZED.

GERS TO-aay-S. a. OennsrK L alket
OF for the President and Col Mike
Brown for General Manager.
The Savannah Construction Company fol
the building of the South Bound railway
was organized yesterday by the election 0
the following board of directors:
J. f. Parker, Frank s. Hambleton
B. Cohn, Charles Watkins,
B. A Denmark. H. Myers,
Mike Brown, H. NJ. Conner,
John Flannery, J. II. Estill,
Z. A. We'll, W. b. Stillwell,
T. F. Stubs.
Immediately after the election had been
announced the meeting of the stockholders
adjourned, the board of directors had an
informal meeting, and the building Of the
South Bound was discussed.
While the canvass on officers of the board
was not given out, it is understood that b.
A. Denmark, Esq, can have the presidency
OF the construction company if he wants
it, and Herman Myers will be acceptable to
the board as secretary and treasurer. Col
Mike Brown is mentioned for general
manager of the company, and it is under
stood that the position was informally con-
coded to him at the meeting of the new
directory.
NJ DELAY IN BkGINNiNG WORK.
The directors of tho railway company and
the directors of the construction company
will meet in the long room of the city ex-
change at 10 o'clock this morning to consult
with regard to the early construction of the
road, and representatives of both companies
said last night that now that the organization
OF the construction company has been
effected, the delay will not be long until the
actual work of construction will begin.
meeting of the South Bound directory
was held yesterday morning, and after
general discussion of the affairs of the com
pany the meeting adjourned to permit the
members, who are also stockholders in the
construction company, to attend the stock
holders meeting in the long room of the
city exchange at noon.
THE CONSTRUCTION COMPANY ELECTION.
There were about fifty stockholders pres
ent, the out-of-town members Of the com
pany being Charles Watkins of Richmond,
Va, and Col. Mike Brown and Alfred
Aldridge Of Barnwell, S. G. b. A Den
mark, Esq, was called to the chair, and
w. b. Stillwell was chosen secretary.
The chair announced that the object of
the meeting was to prepare to accept the
company's charter, to adopt the rules aud
bylaws for the government of the COM
pany, and to elect board os directors. The
secretary read the lit OF subscribers
On motion Of Herman Myers committee
of two was appointed to ascertain if a quo-
rum OF the stock was present. The chair
appointed Messrs II. Myers and NJ. Y. Mac
Intyre, who, after a canvass of the sub
scriptlon list and a call Of subscribers found
oil shares on the list, 452 of which were
represented in person or by proxy.
The charter was then read by sections
and was amended and adopted seriatim,
the principal amendment providing for IS
nfFnPfnrC inst a,h Of -
minority stockholders Rules, regulations
and bylaws for che government of the con-
strucnon company were also adopted.
TWO TICKETS PRESENTED.
A committee of three, consisting of Col
Brown, j. K Garnett aud A. Vetsburg. was
appointed TO suggest the names of thirteen
stockholders to be balloted for as direct ,rs
A majority and a minority report were
submitted. The minority report was
brought in by Mr.. Vetsburg, whose ticket
was identical with that recommended by
the other two members of the committee
with the exception that the name of Can't.
John L. Hammond was substituted for that
OF Col Mike Brown, and pending further
action the meeting took a recess until 4
o'clock p. m.
AT O'Clock the meeting reconvened.
somewhat augmented in numbers. as there
was prospect of a rivalry between the
Two proposed tickets
Mr.. Aldrich of Barnwell, S. c., in
qulred If the reports were to be acted upon
In the usual parliamentary way, and if such
was the case, he would move for the
adoption of the majority report. The chair
indicated that the meeting would not be
conducted on rigid parliamentary rules.
COL BROWN ELECTED
Mr. Aldrich then said that he would not
htlt ha
Col. Mike Brown in nomination for direc-
tor. Ii South Carolina, he SAID, is to be
repre- Sented on the board the South Carolina
stockholders want Col Brown and no one
else. He paid a high tribute to the
ability of Col. Brown as a railroad
man, and cited the fact that Henry p
Talmadge, for many years president of
the South Carolina railway, had said at a
meeting of railroad magnates in New York.
where the South Carolina railroads were
the subject of discussion, that there are hut
two railroads in that state conducted ON
business principles, the Blackville. Aston
ana Newberry, and the Barnwell railroad
managed by Col. Brown, he being treasurer
and active manager of the first named
road and president and manager of tie
BarnweIl road
1t was decided that the directors should
be elected by ballot, each stockholder max
Ing up his own ticket, and the uhirteen re-
celving the highest votes cast of a majority
OF the stock should constitute the board.
CAPT. HAMMOND DECLINES.
Capt. John L. Hammond, after thanking
thoseawbo desired to place him in nonnina-
ton. declined an election, saying that IL
would be impossible for him to serve in the
directory
John r. Young and Col. VIM. Gar.
rard were appointed tellers, and the ballot
ing began.
The controlling triumvirate which shaped
the election sat together in consultation as
the secretary noted the registration of the
votes. 1t was composed Of Charles Watkins
OF Richmond, Va, who voted block of l41
shares, representing the cities OF Richmond.
Baltimore ana New York, Col. Mike
Brown, representing the fifty shares of
South Carolina, and H. Myers, representing
out-of-town and city subscribers to the stock
of the construction company, and they
were materially streng hened by Savannah
stockholders present. one of whom, E. A.
Well, had a number of proxies. They sup
ported the majority ticket, which was
elected, there bsing only a few scattering
votes, some of which were cast for Capt.
Hammond, notwithstanding his positive
declination, and there were several votes
for Lee Roy Myers.
PERSONNEL OF THE DIRECTORY.
The directory is very strong one, repre-
sentlng men OF financial, commercial, and
ffVNuFn 81