C. M. Furman offered the following resolution which was adopted.Resolved, "That the application made to the Legislature for a renewal of the State Guarantee, or endorsement of the Bonds of the Rail Road Companies of the State + postponement of the State Liens be approved + concurred in. by this Company, + the provisions of the act pass at the last session of the Legislature be accepted. That the board of Directors be authorized to issue (should it become necessary) new Bonds in place of those which have fallen due, or which may become payable, + that they be authorized to exchange Bonds for Stock, and make any other arrangements of the debt of the Company, that in their discretion may deem best calculated to promote the welfare of the Company."There being no further business the meetingAdjournedS. W. Fisher,Secretary.
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|Authors:||Charleston and Savannah Railroad Company|
|Type of publication:||Other|
Charleston and Savannah Railroad Records
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