NP, RSJ 4/23/1862

From the Raleigh State Journal
 
April 23, 1862
  
   At the meeting of the Stockholders of the Chatham Rail Road Company held at Yarborough's Hotel on Wednesday evening at 8 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
  "  John Manning 40
   Mr. Battle receiving a majority of votes was declared elected. The salary of the President was fixed at $1,500, and that of the Treasurer at not exceeding $1,000, 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 subscription to be paid within thirty days. After adoption of bye laws the meeting adjourned.

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