| From the Yorkville (S. C.) Enquirer |
| |
| January 7, 1863 |
| |
| King's Mountain Railroad |
| The Board of Directors of this
Company met at Rose's Hotel on the 27th December, at 7 o'clock, P. M.,
the following members being present: |
| W. E. Rose, President;
Directors -- W. A. Latta, Robt. Whitesides, G. R. Ratchford, Alfred
Craven, and J. B. Withers. |
| On motion of G. R. Ratchford,
seconded by Robt. Whitesides, it was |
| Resolved, That the
petition of W. A. Latta be entertained. |
| It was passed unanimously, to
wit: |
| To the President and
Directors of the K. M. R. R. Co.: The petition of W. A. Latta
shows that the house near the depot, known as the Thomas house, was
built on the land of petitioner in gross violation of the terms of his
deed to the Company, and said house at present located being a nuisance
towards this petitioner, he respectfully asks its removal. |
| W. A. Latta |
| On motion of W. A. Latta, it
was, |
| Resolved, That a
dividend of five per cent. on the capital stock of the Company be
paid, at the Treasurer's office in Yorkville, on and after the first
day of January next, out of the earnings of the road for the past
year. |
| The following communication
was unanimously received, with regret: |
| To the Directors of the K.
M. R. R. Co.: |
| Gentlemen, |
| I resign the office of
President of your Company. |
| W. E. Rose |
| Dec. 27, 1862 |
| It was then |
| Resolved, That W. A.
Latta, Esq., be unanimously elected President of the King's Mountain
Railroad Company, until the next annual meeting of the Stockholders,
by the Board of Directors present. |
| Amount in Treasury |
$21,248.52 |
| Dividend declared |
10,160.00 |
| Balance left in Treasury |
$11,088.52 |
|
| The above was ordered to be
published in the Columbia Guardian and Yorkville Enquirer. |
| Alfred Craven, Sec'ry |
|