| {At the annual
meeting of the Richmond & Petersburg RR} Mr.
William F. Watson offered the following preamble and resolutions,
which were unanimously adopted: |
| Whereas a communication has been
received by this Company, bearing date the 6th of April, 1864, from
F. W. Simms, Lt. Col., &c., desiring to know upon what terms
this Company is willing for its road to pass into the entire control
of the Confederate States, for so long a time as the military
exigencies of the country may demand it; and |
| Whereas the Stockholders of the Company
have been convened especially for the purpose of taking into
consideration the proposition referred to, and have deliberately
considered the same, and respectfully submit their response to the
proposition in the following resolutions: |
| 1st. Resolved, That this Company
is sincerely desirous to do everything within its power to second
the government in its views, should it become absolutely necessary. |
| 2nd. Resolved, That while this is
the opinion of this Company, it is not aware that up to this time
that there has been any neglect or refusal on its part, to discharge
any and every duty required by the Government. |
| 3rd. Resolved, That unless some
good and absolute reason points for a change, this Company would
greatly prefer that the management of its business should not be
taken out of its own hands, and that this Company is of the opinion
that it would be to the interest of the government and of this
Company, that the administration of the Company should remain as it
is at present. |
| 4th. Resolved, That this Company
pledges itself to do everything in its power to carry out the wishes
of the government, but respectfully prefers that the business may be
permitted to remain under their own control and management. |
| On motion of Peter V. Daniel, Jr., Esq.,
the following resolutions were adopted: |
| 1st. Resolved, That the Board of
Directors of this Company be and are hereby authorized and
instructed to make with the government of the Confederate States, in
concert with other Companies, such an arrangement as to the
transportation over this road, (and the control and possession of
its property,) as they may deem expedient under existing
circumstances, and for that purpose to appoint temporary or
permanent Committees of the Board, with authority to exercise such
functions and powers, as may be necessary and proper to consummate
and execute such arrangement. |
| 2nd. Resolved, That the Board of
Directors, and any committee appointed to negotiate, in concert with
other Companies, any arrangement with the Confederate States
government for the management of this road, be and are hereby
instructed to make no lease or transfer of the road and that if no
other arrangement can be made, any proposition for such a lease
shall be inoperative until ratified by an adjourned meeting of the
Stockholders of this Company. |
|