Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-12-20
THEY VOTE FOR
CONSOLIDATION
continuedfro Page1.


denied by him.
One of the livellest bits Of the wrangle
that leaked out was the fact that, on the
vote to consolidate, Mr.. Marbury was
one of the tellers selected by the chair
man to count and report the vote, and
after he had collected his share of them
refused to turn them over or allow them
to be counted. claiming that he could
not recognize the legality of this
proxies vote until he knew who were
represented by those proxies. The
chair was obliged to appoint another
teller and call for another vote. This
was sample of the fight which took
motion, amendment. counter-amend-
ment, etc., &C., till every one there was
famished.
A letter was read from President
John Shelton Williams, expressing his
regret at not being able to be present.
After the fight dinner was served in
the private car of Vice-President St.
John. at rear of the depot, and most Of
the party left for home or Raleigh last
night
The report OF the meeting and the
resolutions passed, as furnished by the
Seaboard Air Line office, is as follows
THE MAJORITY REPORT.
The adjourned annual meeting OF tho
stockholders OF the Seaboard and Roa-
noke Railroad Company was held at
the Office of the company, In Ports
mouth, to-day, Judge Leigh r. Watts
presiding.
After the meeting was called to order
the Proxy Committee, appointed by the
president, as provided for in the by
laws, was requested by the chairman to
determine the representation present,
and after examining the proxies pre-
sentcd, they reported that out of the
or, ffrn tNif o1 IL 80
amounting to 1864 shares, there were
present in person or by proxy 1909
shares, which (upon a sealed vote, as
provided for by the charter OF the COM
pany) were entitled to $3.50 votes. OF
this number the representatives OF Mr..
Thomas +. Ryan, in person and by
proxy, were entitled to 432 votes. Aside
from this representation, the votes upon
all resolutions presented were unani-
nous in every action taken. Among
the various resolutions presented and
adopted were the following:
First resolution approving of the
action of the Board of Directors of the
company, providing for the sale of GER
tain securities heretofore held by the
Seaboard and Roanoke Railroad Com
pany, for the purposes specified in the
resolutions, namely: The purchasing
of additional engines and rolling Stock
including passenger and freight cars;
the building of certain bridges, the
purchase of heavier steel rails to sup
port the rolling stock and equipment
now in general use, the acquisition of
such additional terminals as may be
necessary: also to aid in the building
OF certain roads, which are calculated
to increase the company's business,
connecting with 1t. directly or Indirect
ly. as authorized by law. These stocks,
1t was stated, have already been sold
= 81. T.
hearty approval was given to this ac-
ton.
Also the following resolution:
Whereas, 1t is proposed to unite the
railways and properties Of the Seaboard
Air Line System with those of the
South Bound Railroad Company, the
Georgia and Alabama railway and
Florida Central and Peninsular Rail-
road Company, thus creating a system
operating railroads from Richmond and
Portsmouth, Va, through the States of
Virginia, North Carolina, South Caro-
lima. Georgia, Alabama and Florida;
therefore be it
Resolved. by the stockholders of the
Scaboard and Roanoke Railroad Com
pany. That they approve the corporate
union of the railways and properties
comprising the Seahoard Air Line Sys-
tenn with those of the South Bound
Railroad Company the Georgia and
Alabama railway and the Florida Cen
trail and Peninsular Railroad Company,
and hereby authorize and empower the
president and directors OF this COM
pany to Join in such agreements con-
tracts, merger or consolidation, or other
measure as may be legally necessary or
proper to bring about the closest phy-
steal connection and corporate union or
merger of such properties, for the ac-
complishment of the creation of the sys-
tenn so proposed.
There being no further business the
meeting adjourned until Tuesday, jan
uary 18th.
THE OTHER SIDE.