| Office of the Norfolk & Petersburg R. R.
Co. |
| Petersburg Feby 24th 1864 |
| |
| At a meeting of the
Stockholders of the Norfolk & Petersburg Rail Road, held at this office
in the city of Petersburg, on the 24th day of February 1864; this
meeting was not the regular annual meeting, required by the By Laws of
the Company, but was called by authority of the Board of public works. |
| The meeting was then called to
order, and the Hon'ble Chas' T. Collier was elected Chairman and Thos J
Corpren appointed to act as Secretary. |
| The State of Virginia was
represented by her proxies J H Claiborne, J. R. Langley & Thos J Corpren. |
| The President then submitted
the regular annual report of the company, which was a synopsis of a
report to the Board of Public Works, which was adopted. |
| The following resolutions were
then offered by Mr J. H. Claiborne, and adopted. |
| I -- Resolved that we have herewith much
satisfaction the exposition and report submitted by the President, of
the affairs and operations of the Company; that the continued management
of the Road and its interest as evidenced by the results before us, the
means, resources and financial condition of the company, invite and are
entitled to the congratulations of the Stockholders |
| II -- That the Directors, on the part of
the Stockholders other than the State, be and are hereby requested to
continue in office, until the next regular meeting of the Stockholders
of the Company. |
| III -- That in view of the pecuniary state
of the Company, the greatly advanced rates of compensation paid to all
species of labor, and for professional services, in justice to the
services of the Officers past and current, in consideration of the
enormous expenses of living, which have obtained currency the past two
years or more, that the salary of the President of the Company, be and
the same is hereby fixed at Eight Thousand Dollars per annum for and
from the fiscal year terminating in 1862. |
| On motion of Mr. J. H.
Claiborne, Mr. Wm Mahone was nominated as candidate for the Presidency,
and was re-elected President of the Company for the ensuing fiscal year. |
| On motion of Mr J. H.
Claiborne the meeting then adjourned. |