|
{From the minutes of the
Directors' Meeting of the Richmond, Fredericksburg & Potomac RR,
March 7, 1862} |
| |
| At a meeting of the Board of Directors held at the
office of the Company in Richmond on the 7th day of March 1862 |
| P. V. Daniel Jr President |
| G. W. Mumford, G. A. Myers, Chs S. Mills
Directors |
| The President stated to the meeting that
the engine purchased of Mr. Wm Allen {Allen's
Plantation RR} for $9000 had been received. He
also stated that he had sold to the Richmond & Petersburg Rail
Road Company the Engine "Tecumseh" for $6250 which was
approved. |
| The President also stated to the Board
that proceedings had been instituted in the Confederate court against
the stock, bonds, and other property of Mr. Moncure Robinson since
which time the Confederate Congress had changed the Sequestration Act
vesting the property of alien enemies having lineal heir, citizens of
the Confederacy in such lineal heirs and that Mr. M. Robinson's son
Mr. Jno M. Robinson of Portsmouth Va had given his obligation to this
Company to pay the debt due by his father to the Company with the
property of his father which would be so vested in him and when it
shall be so vested in him by the Confederate States Court estimating
such property by arbitration at its market value at the dates when the
several items of the said debt were incurred, which arrangement was
thereupon agreed to by the Board. |
| The President laid before the Board the
act of Assembly passed in relation to the connection between this road
and the Orange & Alexandria rail road at the Manassas Junction.
Whereupon it was Resolved that the President be instructed to call a
meeting of the Stockholders on the 30th of April 1862. |
| The following resolution was unanimously
adopted. Resolved that the President have a survey made of so much of
the route between Manassas Junction and some point on the road as may
be necessary and to select such an Engineer as he may deem best. |
| Resolved that to provide in part for the
construction of the said extension, as well as for losses and repairs
of this company, property which may result from the contingencies of
the existing war the President be authorized to sell the guaranteed
Stock of this Company to the amount of $60,000 -- provided the same be
sold at not less than par nor for a commission of more than 2 pr.
cent. |