|
{From the minutes of the
Directors' Meeting of the Richmond, Fredericksburg & Potomac RR,
January 24, 1863} |
| |
| The President also asked the attention of
the Board to the subject of a renewal of supplies and equipments, now
nearly exhausted, which were absolutely necessary for the continuance
of the business of the Road, and which could not be procured in this
Country. He had given the subject a good deal of anxious thought, and
was satisfied, after having obtained all the information pertaining to
the subject that could be had, that the most feasible plan for
accomplishing this object, was to employ an agent either separately or
conjointly with other Companies, to go to Europe and make the
purchases needed, and ship them in bulk to some neutral port
contiguous to this Country, as for instance Halifax, Nassau or Havana
and then reship them as opportunity might offer in smaller quantities
to some port in the Confederate States, that at the time may be deemed
most accessible. |
| He submitted the following resolutions, as
embodying the views expressed, for the consideration of the Board,
which on motion were unanimously adopted. |
| Resolved, that the President be authorized
to import from Europe such machinery, supplies and materials as in his
judgment may be necessary for the maintenance of the Company's road
& equipments and for that purpose to employ a competent and
discreet agent, whose compensation shall not exceed then per cent on
the amount of the purchases ordered or the sum of $5,000 of
Confederate currency from this Company. |
| Resolved, that such compensation shall be
derived from purchases made either for this Company separately or
conjointly for other Companies also, who shall employ him, and who
shall unite with this Company in such importations, as mutual insurers
with it against loss by Capture & Marine disaster and shall
rateably defray all its expenses. |
| Resolved, that he secure the certain
supply of what may be actually needed, and to provide against possible
losses, the quantities of such articles imported shall be double the
least quantities actually needed, the value of which is estimated at
prices prevailing before the existing war to be $5,163.00 |
| On motion Capt. Jno. M. Robinson was
unanimously appointed the Agent of the Company under the foregoing
resolutions. |
|