NP, RR 4/19C/1862

From the Raleigh Register
 
April 19, 1862
 
Chatham Rail Road Company
   At a meeting of the Stockholders of the Chatham Rail Road Company, held at the Yarborough House on Wednesday evening at eight o'clock, Dr. Richard Haywood was called to the Chair, and W. R. Richardson appointed Secretary.
   The Secretary reported 2610 shares represented and upon the vote being taken for President, resulted as follows:
For K. P. Battle 2570
For Jno. Manning 40
   Mr. Battle, having received a majority of votes, was declared elected.
   The salary of the President was fixed at $1500 per annum, and that of the Treasurer not exceeding $1000 per annum.
   The following gentlemen were appointed Directors: Geo. W. Mordecai, Dr. W. J. Hawkins, J. E. Allen, S. S. Royster and Elias Bryan.
   A resolution was passed authorizing the President and Directors to call for two per cent of the subscriptions to be paid within thirty days and after adoption of by-laws the meeting adjourned.

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