United States Statutes at Large/Volume 4/Appendices/Appendix 1/Chapter 4
PROCEEDINGS OF THE GENERAL MEETING OF THE POTOWMAC COMPANY.
Proceedings of the general meeting of Potowmac Company.At a special meeting of the stockholders of the Potowmac Company, held this day at Semmes’ Tavern, previous notice thereof having been given conformably to law—
The following resolutions were unanimously adopted:
That this meeting having duly considered the act of the General Assembly of the state of Virginia, passed at the December session thereof, in the year 1823, entitled “An act incorporating the Chesapeake and Ohio Canal Company,” and the acts of the General Assembly of Maryland, and of the Congress of the United States, confirming the same, and being willing and desirous that the charter shall be granted and confirmed to the said Chesapeake and Ohio Canal Company, do hereby declare the full and free assent of the Potowmac Company, to the said act incorporating the said Chesapeake and Ohio Canal Company, and to all the provisions thereof.
That the President of the Potowmac Company be, and he is hereby, required to deliver to the executives of the states of Virginia, Maryland, and Pennsylvania, respectively, and to the Secretary of the Treasury of the United States, copies of the aforegoing declaration of assent and corporate act of the Potowmac Company, as required by the first section of the act of the General Assembly of Virginia, entitled “An act incorporating the Chesapeake and Ohio Canal Company.” Surrender of charter by the Potowmac Company.That the president and directors of the Potowmac Company be, and they are hereby, authorized and required, in the name and behalf of this company, whenever, agreeably to the terms and provisions of the aforesaid act of Virginia, entitled “An act incorporating the Chesapeake and Ohio Canal Company,” the subscribers therein mentioned and referred to shall have become incorporated, to make a surrender of the charter of the Potowmac Company, to the said Chesapeake and Ohio Canal Company, and to convey in due form of law to the said Chesapeake and Ohio Canal Company, all the property, rights, and privileges, owned, possessed, and enjoyed, by the said Potowmac Company, under their said charter, to be held, used, and occupied, by the said Chesapeake and Ohio Canal Company, in the same manner and to the same effect, as the said Potowmac Company now hold, possess, and occupy the same by law. And it is hereby resolved and declared, that, upon the completion of the said surrender and conveyance by the said president and directors, to be evidenced by deed or deeds, in the name of this company, under the hands of the said president and directors, or a majority of them, and the corporate seal of this company, the said charter shall be, and hereby is, effectually surrendered, and all the said property, rights, and privileges, shall be, and hereby are, effectually conveyed to the said Chesapeake and Ohio Canal Company, according to the tenor and effect, true intent and meaning, of the said act and acts so incorporating the Chesapeake and Ohio Canal Company, as aforesaid.
In testimony whereof, as the corporate act of the Potowmac Company, &c.
I hereby certify the foregoing to be a true and faithful extract from the records of the proceedings of the Potowmac Company.