608 



FARMERS' REGISTER, 



[No. 10 



em border, commenceil another line of connection 

 Tvith tlie Ohio, terminalinj; below the mouth of the 

 Kanawha River, the ciueslion was presented, 

 whether it would not be expedient and proper lor 

 the company to request, and the state to grant 

 an additional subscription, payable in a convenient 

 term of years, upon liie condition that the amount 

 thereof should be expended exclusively in the 

 construction of the company's rail road from Co- 

 vinglon to the falls of Kanawha — the work to be 

 conmienced immediately. 



In conclusion, the president bore testimony to 

 the good conduct, attention and zeal of the officers 

 and agents of the company, and especially to the 

 improving condition of the corps of engineers. 



Accompanyin<r the report, were sundry resolu- 

 tions proposed, giving authority, under specified 

 restrictions, to the president and directors, to bor- 

 row money on the credit of the company, and 

 directing memorials to be presented to the legisla- 

 ture, praying lor leave to locate the canal across 

 the Armory lot — lor the additional powers, and the 

 right to raise the additional capital, necessary to 

 the execution of the plan of connection between 

 the canal and tide-water, proposed in the report of 

 the chief engineer above alluded to — and lor an 

 additional subscription from the state, to be applied 

 to the immediate construction of the rail road from 

 Covington to the falls of Kanawha. 



Along with the report were presented a number 

 of documents referred to therein, among which, 

 were a copy of the assessments between Lynch- 

 burg and Maiden's Adventure, with accurate 

 maps, surveys and descriptions of the land con- 

 dennied ; a copy of the charter of the Lynchburg 

 and Tennessee Rail Road Company; a copy of 

 the chief enirineer's report on the survey for a ship 

 canal from Richmond to Warwick, with a chart of 

 the survey; the secretary's financial statements, 

 &c. 



The report, having been read, was, on motion, 

 •referred to a committee, consisting of Messrs. 

 Chapman Johnson, Charles Yancey, Samuel 

 McDowell Reid, Andrew Beirne, John Ruther- 

 foord, Fleming James, John Wills and Lewis 

 Summers, with instructions to inquire and report 

 the measures which they deemed proper to be 

 adopted. 



The following preamble and resolutions submit- 

 ted by Dr. Brockenbrough, were, on his motion, 

 referred to the same committee, viz : 



"Whereas, by the charter of the Ljmchburg 

 and Tennessee Rail iRoad Company, passed on 

 the 11th March, 1836, it is made lawful for the 

 James River and Kanawha Company, to construct 

 a rail road from Richmond to Lynchburg, whene- 

 ver the said rail road company "shall have com- 

 menced the construction of their road, pursuant to 

 the provisions of the said charter ;" — and, whereas, 

 the said rail road company have not yet been or- 

 ganized — 



'• 1. liesolvcd bij the stockholders of the James 

 Rivi'.r and Kanawha Company, That they now 

 elect to construct said road from Richmond to 

 Lynchburg, whenever the said Lynchburg and 

 Tennessee Rail Road shall have been commen- 

 ced. 



" 2. Resolved, That whenever the said Lynch- 

 burg and Tennessee Rail Road Company shall 

 have commenced the construction of their rail road, 

 the president and directors of the James River 



and Kanawha Companj^, be directed to open books 

 of subscription for the purpose of raising the stock 

 necessary to construct the said road fiorn Rich- 

 mond to Lynchburg, and that the necessary steps 

 be taken to commence said road, whenever there 

 is sufficient amount of slock taken to justify it. 



" 3. Resolved, That with the permission of the 

 legislature, the company, in locating said road, 

 will fake such route to Lynchburg, after passing 

 Willis' River, as may be deemed most practicable, 

 on a complete survey of the ditlerent routes pro- 

 posed, and an examination of the advantages and 

 disadvantages of each." 



The meeting then adjourned till 5 o'clock, P. 

 M. on the next day, at the same place. 



T'uesday, 13//j December. 

 The meeting convened agreeably to adjourn- 

 ment; baton being informed that the comnsittee 

 above mentioned were not ready to report, ad- 

 journed till 5 o'clock, P. M. on the next day, at 

 the same place. 



Wednesday, \Ath December, 

 The meeting having convened agreenbly to ad- 

 journment, and called Mr. Wills to the Chair, the 

 committee above mentioned, made a report, pro- 

 posing for adoption the following resolutions, viz : 



1. Resolved, That until the next annual meet- 

 ing of the stockholders, the president and directors 

 shall have authority to borrov^r money on the cre- 

 dit of the company, so fiir as they may deem it 

 necessary to meet the engagements, and maintain 

 the credit of the company; provided, that no loan 

 or loans, negotiated under the authority of this re- 

 solution, shall severally, or in the aggregate, at 

 any time, exceed the amount due and in arrear, 

 from delinquent stockholders, upon requisitions 

 previously made ; and that no such loan shall be 

 made payable afier the 1st day of October next. 



2. Resolved, That a committee of three be ap- 

 pointed with inslructions to present to the general 

 assembly, now in session, a suitable memorial, 

 asking a modification of the charter of the com- 

 pany, in the following particulars, or in such of 

 them, as to the w-isdom of the legislature may 

 seem expedient : 



1st. Authorizing the location of the company's 

 canal, through the lot of ground belonging to the 

 state, on which the public armory stands, on such 

 terms as may be deemed proper. 



2nd. Granting to the company such additional 

 powers, and authorizing them to raise such addi- 

 tional capital as may be necessary to the execu- 

 tion of the ))lan of connection between the tide- 

 water and the canal, set forth in the chief engi- 

 neer's report, communicated to the present meeting 

 of the stockholders. 



3rd. Making an additional subscription on be- 

 half of the state to the stock of the companj-, to 

 be applied to the immediate construction of the 

 rail road from Covington to the western termina- 

 tion thereof. 



4lh. Authorizing the company in locating the 

 rail road between Richmond and Lynchburg, after 

 passing Willis's River, to take such route to 

 Lynchburg, as they may deem best; pro\ ided, 

 that il the main line of the road shall not pass by 

 Scottsville, a lateral rail road shall be constructed 

 connecting Scottsville with the main line. 



5th. Authorizing the company to proceed in a 

 summary way, by motion in court on ten days' 



