LVA, RF&P 8/4/1863

{From the minutes of the Directors' Meeting of the Richmond, Fredericksburg & Potomac RR, August 4, 1863}

 
   The President suggested the propriety of the Board authorizing the issue of $20,000 of the 7 pr ct Bonds of this Company to be pledged by Capt Jno M Robinson as collateral security in England for the loan he is empowered to make in behalf of the Company, for the purchase of supplies, whereupon the following resolution was unanimously adopted.
   Resolved, that the President & Treasurer be and are hereby authorized and instructed to issue the 7 pr ct Bonds of this Company authorized by the Act of the Legislature of Va, passed Feby 13th 1856, and by the Resolution of the Stockholders of this Company adopted on the 28th of May 1856 to an amount not exceeding Twenty thousand dollars, and to transmit them to Capt. Jno M Robinson at London to be by him pledged as a collateral security for such loans as he may negotiate on behalf of this Company, for the purchase there of Railroad supplies.

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