The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1892-02-25
Stockholders Meeting

The stockholders of the Virginia Min
ing and Investment Company, met in the
office of the Company, Staunton, on the
10th, D. A. Stack, in the chair and Tay>
lor Bissell, secretary. A good deal of
routine business was transacted and the
folio wing directors chosen for the ensu
ing year, NJ D. Moore,N HILBERT, John
Mckay, H. F. Lyle, J. L. Peyton, J
Yost, W. E. Craig, J. j. Stack, jr., Jno
McQuaide, and s. NJ. Yost.
The Board of Directors met in the
Company's office on the Goth inst. The
old officers were reelected, without OPP
position, as follows: N. D Moore, presi
dent; n Hilbert, vice>president and
general manager; j. Yost. secretary and
treasurer; N. d. Moore, H. F. Lyle and
n. Hilbert, executive committee.
On the announcement of the election
of the above officers, Capt. HILBERT ten
dered his resignation as Vice President
and General Manager, his private bust
ness requiring his attention. Situated
as he was, the duties of General Manager
kept him away from his home the entire
time, except Sunday, aud he desired tc
be relieved of the position. His resigna
ton was accepted and resolution, ex
pressing the regret of the Board at his
retiracy and satisfaction with his adj
ministration, was unanimously adopted
Capt. John Mckay was elected Vice
Droc;Iant IN FIJI Tho SiO
by Capt. Hibbert's resignation and Capt
N. D. Moore President of the Company
was also made General Manager.
Capt. Hilbert will continue as Direc-
tor and member of the Executive Com
mittee, and give the Company the benefit
of any suggestions that may occur to
him. He is largely interested as stock
holder in the Company.
The Company is getting in position
to operate on an extensive scale. Two
mines are being worked-that at
Stuart's Draft and the Mine Bank at
Cotopaxi. Ore shipping has been going
on for some months from Stuart's Draft
and it has been commenced at Cotopaxi
In short time it is expected much
larger outpnt will be realized at both
mines, especially at Mine Bank. The
Stuart's Draft mine is worked under a
lease. Mine Bank is owned in fee by
the Company.
There are two class of ore at Mine
Bank: A rich brown hematite and a
manganiferous ore. The former will be
taken by the local trade, and the latter
shipped to Pittsburg and Johnston, Pa.
There is a very active demand for this
quality of ore, and the price for it is
literally remunerative. A large quantity
will be shipped, as soon as facilities for
getting it out are perfected, which will
be this week, it is thought.
Sons Of the American Revolution
This society, composed entirely of the
descendants in direct line of the sol>
diers and sailors of the Revolution. holds
its annual meeting in Washington, D.
c., on the 22nd OF February, and on the
evening of March nth, 1892, gives ban
quet at the Corcoran Hotel, Washing>
ton, to celebrate the evacuation of Bos-
ton by the British in 1776.
Col j. Lewis Peyton, of Staunton, the
erudite author of " The American
Crisis" "The History of Augusta" and
other popular works, has been invited
to attend the meeting and banquet
Some years since he was elected mem
Der of the society, as his grandfather,
Capt. John R. Peyton, of Stafford coun-
ty, entered the Revolutionary Army in
1776, and served gallantly to the close of
the war, being then only 80 years of age
and having won for himself the sobri>
quet of 6 the hero boy of '76'' This gal
liant young patriot and soldier was the
father of Hon. John Howe Peyton, of
Staunton, the celebrated lawyer, of
Gen. Bernard Peyton, U 8. A., 1912, 1876
Col. Rouze Peyton, of Geneva, N. Y,
and Col. Garrett Peyton, who served in
1894 under Gen. Anthony Wayne in his
campaign againt the western Indians
and in the war of 1912. Col. J. L. Pey>
toms grandfather, John Lewis, also
served years in the Revolutionary
Army.