Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-09-16
CALHOUN LEFT OUT.
:, voe psopLG TRIUaps OVER HlM
ol'Os rse TERMINAL MEETING.
-, session of stockholders Here
d 6'n''~. New p,reetory Chosen
,.,e.,IeatIen 20 Iss Made.

Gne ~ and West Point Terminal Rail
bi'SulySw warehouse Company is over.
vay sus .,,i meeting OF the stockholders o.
Aeele'r was held at the Exchange
th' S'' .so.terday, aud it was developed
How ,be Clydo Committee. OF which Mr.
tb', 'u' F strong was chairman, pos
Nh'.'. 80 greater influence among the
|, lser, Of stock. .,,o,rood ono from,
DDS ~ sessiou of the stockholders OF
the gpu l'u.',ol held in this citv last winter;
ibe '.,,,' The purpose of electIng board
j P@ - - and transacting such other
G on, 80 might be presented, and II has
hg'hss' e,nce there vas a moro lively
N,,,nc Of the magnates ih'e'esVeu Ia 'i'i'
southern system. ,.,.
Ces' ,.iov M The incoming sOuth-bound
lA, ". train over the Richmond, Fred
rs''' ,..,,,, and Potomac prevented the az.
GieA'. most OF the railroad party until
Tvs ~ A. consequently the meeting was
ri' -"rl promptly az the prescribed
81 'liIrn was Y O'clock. IL was called
lo-., w. a. n. 20 by Receiver W. u. Oak
g. ,@d the following gentlemen. promi-
r,.. %. financial and railroad circles, were
1ta' .D 49, he present. Messrs. William
erI,3e George 4. Stone, J. G. Maben,
J. Nr.i.r r. orr. 4. T.. Robbins, George
a - Patrick Calhoun, 4. Nj. stetten-
UsN',.r4 " q. Oakley, Of New York ID.
i'.l-t. ' ~- aud Max Richie, Of Phila-
: - Sir Erwin. of Savannah, and
cct 3 ID. Christian, Fred. X. Scott,
49, d Pace. John SHELTON Williams, and
ono A :. Ruford, Of Richmond, and
49,. NJ. Charles NJ. Crump, acting Sc
C-''.-.fthe Redmond and Danville, was
secretary OF the meeting.
Clyde MADE CHAIRMAN.
rt..,apy business was transacted Mr..
4 stone arose and stated that as a
g. - tho strong (or Clydel Commit
,t.lb held over 100000 proxies, he
ask that Mr.. William z. Clyde be
-,sl chairman. Receiver Oakman
'it,-N Mn. Civde 70 the chair, and the lat
..,.r announcing the object Of the
l' ..,g named the Committee on Proxies
lbs. Messrs. George Crawford, X.
. t-o,r. aud ". VI. Mac Bean.
'-...-ess rutil 1.I5 j.. NJ. was taken and
- C,mr.tt.e Oh Proxies retired for the
- ~ time mentioned the body recon-
land the Proxy Committee, through
". Crawford. reported that over $4,000
D. AZ stock were represented either in
,'--,.Ig OF bg proxy, The total stock OF
.-ruqgy is zoo, 900 shares common and
1. stq-es preferred. Hence $4,000
-s,ss instituted quorum.
-, chair announced the next order of
..'.',.s. 20 De the election of a board OF
directors.
yE. cALHoUN's RESOLUTIONS.
r.f-e this work was gone into Mr..
r..,,.s Calhoun. one of the old directors
81 Gentleman who has long been
'-..-t.tei with Terminal interests, said
1.,s,.luued that Mir. Strong's commit
.,f.'5 a majority of the stock, and that
'tV, orr. OF which he calhoun was q
r'.-.lrr. held O. minority. but he thought
,rl, matter Of great Importance to the
...ste.lers Of the company. IN view Of
lain crave destinations and reflections
,.tt,i l.eu cast upon the past manage
-..,of the terminal by the press, that an
..,...,au1u Of ITS history be made. He
,.,t.ih true aud accurate account Of the
,.~n.rv'. transactions, asserting that II
v.,'l show how unqualifedly false these
limitations we're. He therefore offered
e. 81. wing series of resolutions:
n, .,f That q stockholders committee OF
o.. .tcrely appointed, TIN ee OF whom shall be
,.1si % writing Uy tie proxy committee OF
g.rr W. william T.. Strong Is Chairman ani
f1ro, vbom shall be named by the proxy COM
-.,ss = which Nj A. Z. orr IL chairman, aud
r...s ne past history OF this company and Its
~ o.. transactions and report al tho next
e-,r.l meeting Of stockholders.
t SI. That each OF said committee shau
haze uI and free Access 10 the books and re-
"a. 0f The company, aud It's officers ana re-
.s.-s srd The on eer- and receivers Of It's allied
r.-ra-stlUs are requested 10 give said commit
g. al iue assistance ~ iheir power.
I.rtf That said committee is hereby au-
varI-i 90 employ su'h experts and assistants
sEmly ana Necessary.
NIB. CRiwFORD's OBJ LECTION.
y, Crawford said he thought 1t was I'M
roper 90 lmpeach OF discredit the ability
d. t-s new board Of directors by the adop-
t.l II such set of resolutions. He
moved tQlav the matter over until the Sc
.-..iunof TIE board. which was agreed TO,
Chairman CLYDE then made the gentle
r.l constituting the proxy committee
o. -, u election and the voting for the
tari u directors took place. Both the
S-.ue committee and the Orr committee
ii out tickets, 400, 122 shares OF stock
y,,r voted for the former, and 1888
,-alt. iog the orr committee nominees.
TIE INV BOARD.
Ire following gentlemen were declared
81 i1.y-elected members of the Board of
directors Messrs. William E. Strong,
George l. Stone. William 7. Clyde, John
G. Aab-u. Robert q. Erwin. Alexander
lal Nest, Thomas +. Ryan, George Blag-
ts- g. 4. Low, William III. Goadby, John
n Hutchinson, Joseph Bryan. Edwin
Packard, John A. rutherford, X. 5.
70 RS, George J. Gould, Thomas Manson,
d.; and Charles NJ. McGnee.
SUBSTITUTE ADOPTED.
w, Calh0un's resolutions were then
uisa up and discussed at length. The
blowing substitute was finally offered by
u T. b. CHRISTIAN.
ht..sf lLai Tie Board Of Directors this day
teie4 b' requested 20 investigate the past his
." . ile company and ITS various transactions
al io employ such counsel and experts and
+Ae sl'A Steps as they may deem for the best
ceres. % ihe company, and make report there
81 he next general meeting Of the stock
.1er.
tbs was adopted by stock vote, 400, 1872
f4'ei being voted for IL and 169, 1888
4l',s tuT the original resolutions.
oIHEE TERMINAL EoTKs.
some one asked the Chair what the pros
bc's i9r The reorganization OF the Termi-
o. Hefe aud Mr. Clyde replied that he
% not speak for the new board or as
'-a'maa OF the meeting. From what he
-.l learn be SAID the trouble heretofore
.il been that ceetaln persons owning very
Aie stock had wanted to rush matters
81, INSISTED upon having certain house
---riiase the reorganization, while others
Ice'ud the more buslness-like plan of
-'dlg cautiously in the matter and
ai.lg o. good terms with some house or
.,lsts as possible. He added that the
respect OF getting matters in better shape
", GOOD.
lle meeting adjourned 20 the 26th of
nt'n'eF, when the board will report its
'-'-'i cations If II shall be prepared 10 do
b. O That time.
A'.lters OF the Terminal party from the
i'a returned home Uid the York-RIver
l.-e last evening. leaving here on the 4:4O
l,.l ior West Point.
w. Joseph Bryan, Of this city, one of
r. le"-y-elccted directors. went as far as
81. ...-ofr with the other magnates.
4-'te ls general feeling mere that the
vie Will receive much consideration
a. attention az the hands of the new
4iec'or.
PROPOSED STREET IMPROVEMENTS.