The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-03-13
PAMLICO COUNTY IN LINE.

Pamlico county owns POP shares of the
par value of $4,000 in the A. and N. c.
R. R. That stock was not purchased with
Liquid Air through Wireless Telegraphy in
order to throw the road into the hands of
= receiver, as was the stock claimed
by Finch. 1t was purchased with
hard cash with the money of tax
payers who now protest against the in
jury to their property by continuing the
receivership. At the meeting of the coun-
y commissioners of Pamlico county held
last week the following resolutions were
adopted:
BE it resolved by the Board of Com
missiOners of Pamico county as the own.
ers of two hundred and two (202) shares
Of the capital stock of the Atlantic and
North Carolina Railroad Company, that
. this county resents the action Of K. S.
Finch assuming to be stakeholder in
said railroad, and assuming to act for
the interest of and in behalf of the stock
holders of said railroad, and protest
against the same as unwarranted, against
the best interest of the stockholders OF
said road, and the same is deemed by this
Board to be greatly to the detrment of
said railroad company and the stockhold-
ers thereof
"Be it further resolved, That this Board
Ices earnestly pray the Honorable Court
to dismiss said receiver as an unnecessary
burden upon said company and that said
railroad, its property, effects and control
may be again turned over and delivered
to the officials thereof
'Be it further resolved, That this reso-
| luton be transmitted to the Circuit Court
at Raleigh, North Carolina, to the end
| that the same may be filed in said cause"
In addition to the action of the county
commissioners, chosen by the people to
manage their affairs, the following aft
davit is made by the proxy of Pamlico
county:
A. j. Holton, ST., being duly sworn,
says; That he is the duly appointed proxy
| Of Pamlico county, duly appointed and
elected by the commissioners of said coun-
| ~, to vote in said countys behalf on all
questions in all meetings of the Atlantic
and North Carolina Railroad Company:
| That said county is the owner of two
| hundred and two shares of the capital
stock of the said railroad company. And
in behalf of said county, affiant respect
! fully represents to the Court, that said
| county as such stakeholder in said road
| IS opposed to the action of the said K S.
Finch. as set forth in the bill filed in the
above entitled cause; and protests against
| he same: And respectfully asks the
curt to discharge said receiver appoint
I'd in said cause. to restore said railroad
to the regular officials thereof, and to
| dismiss said action.
| >"All of which is respectfully prayed
| (Signed.) "a. j. HOLTON, Sr."
Craven, Lenoir and Pamlico counties
| DIN the State in protesting against the
receivership because it is "unwarranted,
against the best interest of the stockhold-
ers of said road and is deemed to be great
| y to the detriment of said railroad COM
| any and thu stockholders thereof" and
they pray that the property be turned
over to those who own it for management
| Shall Wireless Telegraphy and Liquid
Air soldiers of fortune. who claim to
own $4,000 that cost him $1,00 in a
own $4,000 that cost only $1,000 in a