Proceedings of the Stockholders of the Raleigh and Gaston Railroad Co., at Their Forty-Third Annual Meeting Held at Raleigh, November 9 and December 6 and 20, 1893; Also Annual Reports of President, Vice-President and General Manager, and Treasurer

Excerpt from Proceedings of the Stockholders of the Raleigh and Gaston Railroad Co., At Their Forty-Third Annual Meeting: Held at Raleigh, November 9 and December 6 and 20, 1893; Also Annual Reports of President, Vice-President and General Manager, and Treasurer

Resolved, That the Board of Directors of this Company be and they are hereby authorized and empowered, upon such terms and conditions as they may consider expedient, to contract in the name and on behalf of this Company, in its own right, and also as lessee of the Georgia, Carolina Northern Railwav Company, either alone or jointly and sev erally with another company, or other companies, for the use, mainte nance, operation and equipment of the railroad, terminals and property of the Seaboard Air Line Belt Railroad Company; and in the name and on behalf of this Company, either alone or jointly and severally with another company or other companies, to guarantee and covenant for the punctual payment of the principal and interest, over and above and clear of all taxes, levied or that may be levied, by, or under the authority of, the State of Georgia, or of the United States of America, of every one and all the bonds secured by the indenture from the Seaboard Air Line Belt Rail road Company to the Mercantile Trust and Deposit Company of Balti more, Trustee, dated April lst, 1893, and duly recorded.

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