The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1892-03-17
LAST LEGAL ACT CONSUMMaTED
Stockholders of the r. &c s.
Ratify the Lease to the NJ &c w.
Hhe Meeting Was Very Harmonious-A
Large Majority of the Stock Repre-
sented-Not Dissenting Vote Was
cast-The Stockholders all Express
Great Confidence in the Norfolk ana
Western = Resolutions of Thanks.
Adopted.

Adopted.
Tho Roanoke and Southern railroad
has irrevocably passed to the control OF
the Norfolk and Western Railroad Com
pany.
On yesterday the last legal act re-
quired to make the transfer final was
consummated at the general Offices of
the Roanoke and Southern in this city.
"A II m. goodly number of tho
stockholders assembled in pursuance 70
call issued by L. IL. Fries, president.
and a. J.. Warrington, secretary.
The meeting was called to order bv
colonel Fries, whereupon Hon. Henry
,. Trout, president of tho First Ma
tional Bank OF this city, and vice presi-
dent OF tho Roanoke and Southern
hallroad 20 mpany, was selected to pre-
SIDE, and MIR. Warrington was named
as secretary.
Col. c. b. Bryant. of Martinsville.
Va; j. 0. Gray OF Winston, N. C.
and Joseph Il. Engleby, of Roanoke.
were appointed compittee to ascer-
tain the number of shares represented
In person and by proxy. After brief
s"oS eney reported representation
OF 23,3se shares of the 23,o27>S issued.
~ resolution ratifying the lease of the
Roanoke and Southern to the Norfolk
and Western Railroad Company for tho
term OF 800 years was offered and
adopted without a dissenting vote. Res
buttons OF thanks to General Manager
Maslin and Chief Engineer Onderdonk
were also adopted unanimously.
Tho decd of trust given bv tho diroc-
tors OF tho Roanoke and Southern Rail-
way Company to the Mercantile Trust
and Deposit Compa of Baltimore.
was ratified without opposition.
Many of tho stockholders, with whom
tho representative of THE TINES con-
versed, said they would have preferred
seeing the Baltimore and Ohio or
chesapeake and Ohio Railroad Company.
secure control Of the Roanoke and
Sou thern, but tho deal with tho Norfolk
and Western was not mado until after
ehe ultlmatnm of these companies had
been received.
Baltimore, controlled tho situation. He
had furnished large amount of money
to tho Virginia and North Carolina
Construction Company, and medina this.
obtained it in business like way from
the most favorable point.
There isn't shadow OF antagonism
among the stockholders Of tho Roanoke
and Southern to the Norfolk and West
ern. They are unit in extolling the
progressive and liberal policy of the
management of this company, and point
with commendahle satisfaction and
a degree Of exultation which docs c.cdit
to them to the fact that the Norfolk and
Western has already begun to advertise
to the world the resources and ad-
vantages of the sections of Virginia and
North Carolina through which tho Roa-
noke and Southern runs.
That the Norfolk and Western is the
great town builder of the South was the
unanimous verdict of the stock holders,
and they as freely expressed the con
viction that tho clipping policy of the
lessees would add millions OF dollars to
tho taxable values Of tho country tribu-
tary to the Roanoke and Southern, and
induce thousands OF people to settle
along its line and aid, by brains, muscle
and money, in utilizing its unsurpassed.
and undeveloped natural advantages. :
a special train left at p NJ to COZ
vey the visiting stockholders TO thei.
homes superintendent Barger accom-
panied them.