|
{From the minutes of the
Directors' Meeting of the Alabama & Mississippi Rivers RR, May 25, 1864} |
| |
| Demopolis May 25th 1864 |
| At a meeting of the new Board of Directors
held this day |
| Present W. P. Bocock late President and
directors J. W. Lapsley, J. L. Price, W. S. Knox, H. W. Reese, R. W.
Adams & L. F. Whitehead |
| The late President presented to the
meeting various papers which had been in his possession relating to
unsettled business of the Company, with a list of the same containing
explanations, all which he refered to the Board for the use of his
successor. |
| Genl Bocock having then handed a
communication to the Board of Directors tendering his resignation as a
member of the Board, and before action having retired, Dr H. W. Reese
was selected as chairman of the meeting thereupon the following
proceedings were had, to wit |
| The Communication of Genl Bocock to this
Board of Directors tendering his resignation as a member of the Board
having been received and read, it was on Motion of Mr Lapsley
unanimously Resolved |
| That this Board appreciate the honorable
motives which activate Genl Bocock in making this tender, but regarding
his services as a member of the Board as of great value to the Company,
they hereby respectfully decline to accept the resignation tendered and
unanimously request its withdrawal. |
| That the Chairman be requested to
communicate the foregoing Resolution to Genl Bocock |
| On Motion of Mr Lapsley it was resolved |
| That the Board of Directors proceed to
organize permanently by the election of a president for the next ensuing
year. |
| The Election for President being held Mr
Jas L. Price received a majority of the votes cast and he was declared
duly Elected President for the term prescribed by the Charter of the
Company. |
| Genl Bocock then on invitation appeared
before the Board and the foregoing Resolutions were communicated to him
by the Chairman and having expressed his gratification at the expression
of Confidence, agreed to suspend his resignation for future advisement,
requesting that a copy of said Resolutions be furnished him and
promising to give an answer in writing; and then he took his seat as a
member of the Board. |
| ***** |
| On Motion of Mr Lapsley it was Resolved |
| That the President represent to the proper
Commanding officer of this department, the difficulties being
encountered by this Company in completing their Rail Road so as to make
a connection by Rail between the east and west sides of the Tombigbee
river, for want of the necessary laborers, for the reason that Col F. S.
Blount has assumed to countermand the order of Lieut Gen Polk for
impressing three Hundred and fifty (350) hands for said work And that
the President take all proper and necessary steps for the purpose of
having the orders of Lieut Genl Polk carried into effect |