| From the Carolina Watchman (Salisbury, N. C.) |
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| September 2, 1861 |
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| Editor's Correspondence |
| Newton, N. C., Aug. 25, 1861 |
| ***** |
| A large number of stockholders got on the
train at Statesville, this morning, to attend the annual meeting of
the Western North Carolina Railroad Company, held in this place today,
where they arrived a little after 10 o'clock. The meeting was called
to order at 11 o'clock, by Col. T. A. Allison, chairman. There was
very little business done, because there was but little to do. The
reports of the officers, election of four Directors and the
appointment of a Committee of Finance for the next year, composed the
business of the meeting. |
| The reports possessed no extraordinary
interest. Operations having been suspended on the line West of
Morganton in the Spring, the only work now progressing is that part
East of it, consisting principally of repairs, and the completion of
the track to Morganton, which it is hoped will be done without delay.
It is dependent, however, on the payment by the State of the installment
withheld from this road in the Spring, which, I perceive by
the proceedings in the Legislature will probably be made. The former
directors on the part of the Stockholders were re-elected; the Finance
Committee of last year re-appointed, and Dr. Powell, of Catawba
re-elected President. |
| The road seems to be in first rate
condition, and the trains run smooth and rapid. |
| ***** |
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