| From the Charleston Mercury |
| |
| August 19, 1861 |
| |
| Annual Meeting of the Stockholders of the Port Royal
Railroad Company |
| Barnwell C. H., S. C., August 14, 1861 |
| The Annual Meeting of the Stockholders of
the Port Royal Railroad Company was held here this day in the Court
House. |
| On motion of Dr. J. H. Harley, Wm. M.
Bostick, Esq., was called to the Chair. |
| R. J. Davant, Esq., moved that the Chair
appoint a committee to verify proxies; whereupon, Messrs. Paul H. Allen,
F. F. Dunbar and Henry Goethe were appointed, who soon reported a
majority of the stock to be represented, whereupon the meeting proceeded
to business. |
| The President, R. J. Davant, Esq., then
submitted his Annual Report, which, being read, was received as
information. |
| Gen. W. E. Martin moved that the reading
of all other reports be dispensed with, as it was understood that they
would soon be printed for the use of the stockholders. Adopted. |
| Mr. B. T. Sellers offered the following,
which was unanimously adopted: |
| Resolved, That the Directors be
requested to have printed the Reports of the President, Chief Engineer
and Treasurer, or as much thereof as they may deem advisable. |
| R. J. Davant, Esq., having next drawn the
attention of the meeting to the importance of deciding definitely and
finally on the location of the upper line of the road between Allendale
and Augusta, Gen. Wm. E. Martin offered the following resolution, which
he prefaced and supported by an eloquent and sensible speech: |
| Resolved, That the location of the
upper portion of the road, from Alexandria to a point at or near Sandbar
Ferry, be postponed, and that the Board of Directors be and they are
hereby requested to cause another survey to be made at that portion of
the road, so as to approximate as nearly as practicable to an air line,
avoiding such obstructions as are shown by the report of the Chief
Engineer greatly to increase the expenses of this line. |
| This resolution was adopted. |
| The following resolution was offered by
Mr. James Patterson, and adopted: |
| Resolved, That a Committee of three
be appointed to report a proper form of certificates of stock for this
Company. |
| The Chair having appointed on this
Committee Gen. W. E. Martin, James Patterson, and R. J. Davant, a proper
form of certificate was soon reported by them; and, on being exhibited
to the meeting, was unanimously adapted by acclamation. |
| Dr. J. H. Harley moved "that the Chair
appoint a Committee of three to nominate a ticket for President and
Directors for the ensuing year," whereupon the following Committee was
appointed: Dr. J. H. Harley, Wilson Williams, and Henry Goethe, who,
after proper consultation, reported the following ticket: |
|
For President: |
|
R. J. Davant |
|
Directors: |
| Paul H. Allen |
F. F. Dunbar |
| B. R. Bostick, jr. |
Geo. P. Elliott |
| Thos. F. Drayton |
B. W. Lawton |
| W. E. Martin |
John Stallings |
| J. V. Martin |
W. R. Barker |
| A. McB. Peeples |
B. L. Willingham |
|
| On a ballot being taken, the above named
gentlemen were declared to be unanimously elected officers of the Port
Royal Railroad Company for the ensuing year. |
| Mr. B. T. Sellers then offered the
following resolution, which was also adopted: |
| Resolved, That the Directors be
authorized to apply to the Legislature at the next session, for an
amendment of Charter, so as to reduce the number of Directors to six,
and to give the necessary notice therefor. |
| Mr. B. T. Sellers also moved that "The
next Annual Meeting be held at Allendale, S. C." This was adopted. |
| On motion of Gen. Wm. E. Martin, it was
unanimously |
| Resolved, That the proceedings of
this Meeting be published by the Secretary in the Charleston Courier,
Mercury, and Barnwell Sentinel. |
| On motion of James Patterson, Esq., the
Meeting then adjourned. |
| A. C. McGillivray, Secretary |