| From the Raleigh Confederate |
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| December 3, 1864 |
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| Wilmington & Manchester Railroad Co. |
| The Stockholders in this Company met
yesterday forenoon in the Court-house of this town. The meeting
organized by calling S. D. Wallace, Esq.
President, Wilmington & Weldon RR}, to the Chair, and appointing
W. A. Walker and Wm. N. Bowden, Secretaries. The Secretaries, with W.
H. McRae, were appointed a committee to verify proxies, and report the
amount of stock represented. The committee having reported a majority
of stock represented, the meeting proceeded to business. |
| The report of the President and Directors,
with accompanying documents was presented and received. On motion, the
meeting adjourned until 2 1/2 p. m. |
| Meeting re-assembled at 2 1/2 o'clock. The
salary of the president was fixed at $8,000, and the Directors were
authorized to fix the salaries of the Treasurer and Secretary at a sum
not to exceed $6,000. |
| On motion of Rev. J. M. Timmons, the
following was adopted: |
| Resolved, That the Annual Report of
the President and Directors with the accompanying documents, be
adopted by the Stockholders, and that the subscription of twenty
thousand dollars, in specie by the Board of Directors in the Supply
Importing Company Association is hereby approved and ratified by the
Stockholders. |
| On motion of Mr. Witherspoon the Company
proceeded to an election for President and Directors, as follows:
President, T. D. Walker; Directors, the Old Board. |
| A resolution was adopted, fixing the third
Wednesday in November next, for the next annual meeting, and the town
of Wilmington as the place, but giving the President authority, in
case of contingencies arising making it necessary, to select some
other place for that purpose. |
| The meeting adjourned about 4 o'clock
yesterday afternoon. |
| Wilmington Journal |
|