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sraiascso 07»“TIIE LYNCHBURG VIRGINIAN,’ l« published semi-weekly, (every Monday and Thursday,) a Tour Dollars per annum; payable in advance. Ao subscrip non trill be received for a shorter period than sir months; am no paper will be discontinued, (except at the discretion of On Editwe,) until all arrearages arc paid. $JTA D VS A TI SEMEN 7'S inserted at 50 cents per squart 0r '*!*,) for the first insertion, and 37 J cents for every subsc yum 4 insertion. r tfOB PRINTING executed neatly and expeditiously ,11 \Reasonable, terms. CT* OK. HUNTfiR ! TO WHOM IT MAY CONCERN. TJY the use of Dr. Hunter's inestimable Pills, personso .1# either sex, if they carefully follow the very vulouble plain nnd copious Directions accompany ing them, ure enabled effectually to eradicate A CERTAIN DISEASE, and to restore lost health, with case, safety, and certainty, in n few days. The extensive sale nnd unexampled success of this Medi cine,In this nnd other cities, nnd principal towns throughout the Union, for the last fifteen yearn, during w hich it was satis factorily prepared by Dr. t otivvny, iu< outcstihly prove, tlnil wlie.it used with the INJhhHO.S POW DKRS, it crtci't.s a thorough ami speedv cure of that drcainul dis< rder, denomi nated the Scourge of the Human Race. - * The l*n.i.s are accompanied, when the ease requires jt with the INJECTION POWDERS and CERATE ; these < (institute a most powerful mediciiir, applicable to tin- t ai ,aus stages of this Protean disorder. Toll and plain directions. w ith a popular treatise, explaining the various symptoms.anil the mode of treatments, accompany each box, so tliul persons ,,| either sex may cure themsel • (Price of the Pills $ 1 u box; the Injtcliun Ponders and Cerate HO cents each.) £"T* Prepared from the original Recipe in MS. late Hi. \V. T. Con wav, hv his immediate Successor and the ts,,/. Proprietor, T. KIDDER, ol whom they may he had at hi Counting Room, in Chambers over No. next door to j. fcll>DKRrS Drug Store, corner of Court and Hanover Street--, near ^Jdncert Hall, Boston, and nl--ohylA appointm mt, (to gether with all those other valuable Mi di< me.-, as pr pan il hv the lute Dr. Dr. Co.vvv tv,) hv J . 'P. ROYAI.I., >. I1UWI-.I. IM II'.S, J A?<'1 ’ l.ym-lilmrc. \* Observe flint non.* ure genuine without the written signature of T. KI DDK If. on the out si |e printed wrapper. A large discount to those who buy t» sell again. June 11 0 I-Jm VIRGIN I A, to wits — At rule.- hold *n in the Clerkly (>di of the Circuit Superior Court of l aw and Chancery lm the county of Halifax, iii the mouth of November, lijdd : Burnett Finch, Plaintiff, again si I{i< hard Hnliburton, A Hen IlHlihurton, .Tidin I.add, Thom as Howerton and James F.Brooks, adniiui-ir.itor of Eli/? i-t lit Pickett, deceased, Delcudauts. In Cham kry. f The defendant, Ric hard Hulihurtou. not having entered his appearance and given security according to the \« to! A s« m Mv mid the rules of this court, and it npprariu.: by .-aii.-luc fartorv evidence, that he is not mu itihnluiaut ofthi-coiiii try: ft is ordered that the suid defendant Ho appeal Ini on the first dnv of the uext term and answer the hill oi the plain tiff; nnd that n copy of this order he forthwith inserted in the l.vuclihurg Virginian, for two months suo rs-ive!* and posted at the frontdoor ol the < om tlimise of this com tv. A Copy—Pc.-t *. W.M. HOLT, < i k. December R u Jm 'Vf I ltd INI A :—At rules held in the ( I’rli’s Office of tin* f Circuit Superior Com: ol law and Chime. i v lor the county ofCumpbel , on Motnl i;. t'ledddav ol Decml" ilK.U: Thomas Cleviiigcr, Piaiuiiir, against Nathaniel Parker anil Henry Parker, I) i admit-. In I’hamu.iit. The d fondant. Nathaniel Parker, pot hi ving entered |,o appearance and give, i security. according to the act ol \ senibly and the rules of tilts court, and it appeatin- I v sail - factory evidence, that he i not an inhabitmt ol tin- < ui'inwealth It is ordered that tin said dclcn.b.nt do.appear here on the first da v ol the next April t un. and a -wet r,. bill of the plaiutih; and that a copy of this mb t he forth with inserted in some ncw-pupi, printed in the town of Lynchburg, for two mouths su* c ^-ivcly. amt posted »i the front door of the court-house ol this c unty. on Home court day. A Copy—Teste, ' JOHN D. ALEXANDER,CPk. December 20 w’m VIRGINIA:—At rules lioUl**u in th-’ <’In k's Office of the Circuit Superior ('unit m Law uml t haneiry. o r the tmvn of Lvnchbiinr, on the 4th da} of December, 1. ■ I : Benjamin Lewis, Plaint iff, I against James Bullock, William IVhnock, Archibald Frcebmd, Sfii’r., James Scott, Sen’r., and Grace his wife, Henry Dun- | nington, Sergeant of t!ie corporation ol Lviteldiurg, mid as 1 Mieli ndin’r. ol Donald Fr 'uml, and a Bo adm’r. ol William j Freeland, dec’d. Arebibnld Freelam!, Jr., Johi) Freeland, I Charles Freeland, Walter Freeland and others, |)i leiidanH. The defendant. William P naoek, not having entered his appearance uml given security according to the Act ol A s miibly uml the rules of this court, and it appearing by satis taetorv evidence that he is not an inhabitant of this (biuu trv : It is ordered that the. snid defendant do appear here on the first day ol the next term, uml answer the amended bill mid hill of revivor and supplement of the plaintiff; and that a ropy of this order he forthwith inserted in koiii * newspa per printed in the town of Lyuehlmnr, fur two months suc cessively, and posted at the front door of the Court House, in Raid town. A Copy—Teste, D. ILODES, (Tk. December 20 w bn \,r IRGLN L\:—At rules held in the Clerk’s Office ofthi | Circuit Superior Comt ol Law and Chancer} of Prince j Edward county, tho 5th day of November, ItfiiU: Edward Wooldridge, Plaintiff, against Tliomaa A. IiCgram1, administrator of Simon Wooldridge, | dec’d-, Josiah, Thomas ami John Wooldridge, i hiblren and heir*of Ralph Wooldridge dpi ’d., John IL. Nareissn, Alfred, j Susan, Josiah, William, Minerva, and Hcnrv G. Wooldridge, children and heirs at law ol Josiah Woohi. t:e, dee’d., Ro bert Baugh, Rlioda Sweeny, widow of W illiam Sweeny, ! dec’d ,- .Moore and Polly his wife, formerly Poliv Pjilgh, children and heirs of Nancy Baugh, Robert W uoi his children, to wit, Thomas, Simon. Rhod.i, Pol * *' <&• **£liz.abeth, John, Snsun, Etuey, Robert ami Mim irn, *T;rnournc Inge and Polly his wife, foriueil} Polly Wool- I dridge, and their children, to wit, Nanev, Henry, Elizabeth Patteson, Mary, Edward, Peyton, Josiah. Uhodn and Paselml, 1 William F.Woohliidgc, the chihlrcn ol Edward Wooldridge, the plaintiff, to vvil, Robert, Benjamin, Mur} F. and W illiam i Wooldridge, Rlioda Scruggs, formerly W ooldridge, and her children, to wit, JoIhi, Augustus, Eliza, Josiah, Nathaniel, llczekiuh and lsham Scruggs, Dcl'iidants. The defendants, Josiah, Thomas and John Wooldridge, ' children and heirs of Ralph Wooldridge,-dee'd., John IL, Narciasa, Alfred, Susan, Josioli, W illiam, Minerva and Hen tv (i. Wooldridge, children mid heirs at law of Josioli Wooldridge, dec’d., Robert Baugh, Rhoda Sweeny, widow ol William Sweeny, dec’d.,-- Moore ami Polly hi** wife, i formerly Polly Baugh, children and heirs of Nancy Baugh, 1 Rhoda Scruggs, formerly Wooldridge, ami her children, to wit, John, Augustus, Eliza, Josiah, Nathaniel, I Iczckiuh and Bham Scruggs, not having entered their appearance and given security according to the Act of the General Assembly uid the rules of this court, and it appearing that they are net inhabitants of this State, on the motion of the plaintiff, by counsel, it is entered at rules aforesaid, ami accordingly or •lered that the said defendants. Josiah, Thomas and John Wooldridge, children and heirs of Ralph Wooldridge, dee’d., John IL, Nnruissa, Alfred, Susan, Josiah, W illium, Minerva and Henry G. Wooldridge, chihlrcn mid heirs at law ofJo r'iqIi Wooldridge, dec’d., Robert Baugh, Rlioda Sweeny, widow of William Sweeny, dee’d.,-Moore uml Poll} his wife,formerly Polly Baugh, children nod heirs ol Nanev Baugh, Rhoda Scruggs, formerly Wooldridge, and her eliii dren,to wit, John, Augustus,Eliza, Josiah,Nathaniel, Hezeki Miami lshum Scruggs, do appear hero on the lir-tdav of Ai term next, and answer the plnintiff’s hill, and that a cop o this order he forthwith inserted in some one of the public newspapers printed in the town of Lynchburg, for two month* successively, ond also posted at the front door ol the courthouse of this county. A Copv—Teste, n ^ B. I. WORSHAM, C. C. December 20 VIRr,li\l'V ‘^t r'*Jc* held in the Clerk’* Office of thu ' cnnm,re r'i S|UP*r.,Ur <'ulr' uf Eaw niul Chancery, for the ctiunly of Amherst, on Monday the 1st,lav of October, 1833 : Ambrose J’luakettaad V',,11,, 1Munkett In, utv and partner* trading under the style „nd f„.,„ of A . At \V . 11. Plunkott' Plaintiffs, against Stophon Turner and Edward A. Cabell, Defendants. In Chancery. The Defendant, Stephen Turner, nut having entered his appearance and given security according to the i of \s sembly and the rules of this court, and it appearing by satis lactory evidence that he is not an inhabitant of this Com nionwealth—It is ordered that the said defendant do appear hfne .u fi18t,lttv ot tl>,! next April term, and unswer the niil ot the plaintilfs, and that a copy of this order lit- liirth tin inserted tu some newspaper published in Evncldiure thVcourthouse “ '“0 •'<"» A Copy—Teste, December 50 ROBERT TINSLEY. • l'1 w* tu * .1 1,1ST «I M, I TTTttS I > 1 'I AIM.V; in thr P0.1OIK.. I.Mirhlmrem, the lm II i>l Jiuniart. IJMII. I'rrMini. B|i|ilnyinr Mu l,|lir» h, ||„. lottowmg IUt, will please vn thev me advertised ; A—aam'J.II \mlmv, F, \. \'n.liv»», Uiirlaml An,lm.011, i Mftry II. Anderson, \\ m. Anderson. B lien, v llm» II, Mm. Ilunn.ilt Itnnl, llnvi.l III,,, k, »li«n Mnrllm SI. Ilrinlj, Sin- .lliln-i Ann ('. llmk-k', I lainI ’ ' i. IJIl,i.k’ ,KeV'1.-. J""’ 11 lima,, k. Mm. Mmiil I. Ilrll knap, \\ in. Halley 2, Mrs. Ileurieo I). Railrv. i ®T-A.er“ug'. I’. W. Cottiv, Sir,. rniiK',’. Cos, Chttrlca I.. ( liri.imn, Krub.-n ( ,,\. h'lninv. CuniR'Ilv l'i r CaRaway, Kfubrn IV Cobbs, Me md, (Mark. \\ nshmgton t opelttud, K. I.. Coleman. David IV Chapman, W m R I l ocks, Miss Sarah Cox. Win. Cox, Thomas Clnv, James Cuddle John Coi.w rs, l.uciiiM F. Clark, Rcv’d. I.. I. Chuk ,)ori*il,‘ Adeline Do.«e\. Miss Lm v ans, l*.l>. Dn ksou, Mev’d Sam’l. Davindsoti, Stephen IL Dlvenpnrl, I Mr,, k Dunenn, Win. I>nv i-. Jim,,-, \\ . Aim. Slim 11 Duvia, Jnnm. U. I Inuohuo, Slim SI,Ih Ilium K—Kk'Ii d. Ellm Ib nj C. Emimirv, Kivh il. B. Ellin, J. A. Furlv, I bus. Llliott, Ldmund T. Fvuns. F —I nriinmnn .V I’nlmi-r J, T. A. Kmuureuti, And'w. Fin 7.101, la. I'uiyuson, Sira. SnliimC. I’lovil.k’. i *fTMr-V Aiuii'ly, Syilnoy !S. Cininea. Sinara (i,l liril, Jno. I.. Oiiv 'J, Ailniii (iniiir-, lima, tiiuur. Win. I il"""’I''1’1’1.111-'' J'“'- < '■ ,'iillin, Clmri hrll (iitulv, Henry (irrher, Jno. II. (Liodwio. ■■--.Mrs. Martha I. Hillman. (ieo. D. Hoge, Lemuel Hunt, «■' llickrrson 2, Key’d. J. s. House, Miss Murv lliegiii I (ithiim, Miss Fmdy Harris, I’utrick F. Ileru v, Fuvcttc lieu ! r\. I.din’d. W. Hill 2 I—Am. Jones 2, Jonathan Johnson, L. II Johnson, ‘ M,>* Miss Atiphia Johnson, Nimrod IL Jones, l.dwnrd IL Jurninii, C. I. Junes. .. M** D'diek, Jno. F. Liggou 2, Col. Armisfcud Long, l h.. . Liimhcth, Smn’L M. Lambeth, Fdmtind ... *1 I add. Milton Litton. . ,»* — IMii11j» Murray, Mrs. Sarah Murphy. Jno. \. Muscle. I I ms. .1. Massif, Jim. R. Mathews, Charles Miles. Col | Dan’I. Morgan, Win. C. M< A lister, James R. Morlir k. Nn than .Marlin, Tims. II. Mansfield. John M. Craw M. ml Mil tun. Branch <». Morgan, II. D. Mine-h, \\ m. A Morri . John II M< i.c in, Fred’k. I’. Ma >o >. > N\ m. M. N. il, IL iihen Ndrxell, Braxton \ B.Niim II, Ldmund <L No. II 2, Charles CL Noell. K*—Mrs. Ann IVttvrrew, J. A. Button, Mrs. Hurt. Butte son 2, < i. W. Belts John, < V c. IVters, \N . M. Boinliel. L.d niund Bnge, IVleisA- Lewis, James Bollock, Fdwuid Brier 2, \mhrose Bnge, I- in** N. Brice, Flias B». IN Mice, Benj. Br-ee, Dnmin I) BimM. Thus. Biunei, Beij. Blunket. Hems B.r > inu< r, <iui laud Buiudcxter, tieo. Bowell, Cnpt. B. \. Bliil i il,p* IK —Randolph Ro-■■», Miss \ irginia M. Ru^ , Win. Ro I, James M Rohntson, James Rutland, Jr. I, J nines Rudi, ( 11 ol---. Roll i. I»< i ■ ; Jno IV T. Keneuu it. \\ ni. A. R il ! son, Mrs. Sarah Robinson, Jesse Riehnrd.-on, Joshua Rucker, .!no. (’. Reahiiii. ; W Ainu Catharine Scott, John Sale, Ldward Scott, eol’d. •Bums \\ Scott. M m. Silver wood, Mr*. Jan- Sett. Wm. m tkei *. Jol ■ > ftlv .Ml Louisa \ -*• , , M, . ) 1 “ V Kini h, \\ . V si ,i kwt il. M, Am m In J. Su ith, | Jos. \. S. e, Jain.** IL Smith, James Staples, W. II. Sear* I boronjh. Snmm I Strong. L,,m. eol’d. Dan’I. Trigg. Rev. S. D. Tompkins, Rev. .L C. I m-'lcv. Mr. Talhott, Mr . Snrnli Thunium, Rcv’d. Bolu. B. Thompson, Jidin I’.. '1’ihh n 2, Jno. \. Tlminson. Rich'd. B. T\hu. John I*’. Tanner. t \Y Ldmund Win,stun 2, Col. \. L. Wv lie, Jno, (J. Wnl ' ' • Bi n. \\ . \\ mILr r 2. Jam s \\ Inifmjtou, Mrs. Baulina M >dv. F'ia- Wif/.el, Jacob Woodson, Tim. . K. \\ are. Mix, Wnt "u. Mira Catharine Walker. . Wnlthoii?.er, Mr. 8nruJi A. VVobher, ( harl t . Whalev, \\ 111 • ■ \N i Joliu F. \\ right J, \\ m. \\ light. .Mi s Balin' M o als. JOHN I). Ml RI!LI I , B. M. Joniinrv il 3t a idivm' or ij; i iu;s <1)KMAIXLNG in ilie Post Office sit Liberty, ■ \ .1, Drcrmbci 31st, 1838, which it not taken out will busent to the General Post Ofii j us dead letter-*. A— Lewis C. Artlmr, Mark Anthony. ^ John Booth, Bu ll'd Bo*.di, 11011:11)1] iV Booth, Mvin Paros, Martin 1\ Burks, Mary Bard, Ku-luird Y. Blunt!, Mnrv Board. 4 —('I iks of the Courts, Mary A. Cumlilf, Dr. L. C. t 111!w» II. I). < liitndh r, Alice Cheutwood. I>~ A1.ii« r l)oli\ib, Jus Davidson, James Do W itt, B. A. Donald. B• ~ Ivi hard EUis. — (iror-’e l-'i.ldiT. —John Gordon, Polly Goff, Ben Gilkinson, .V Ison Golf, Ephraim Giles, II — W i' ini <'. I fewiit, K. W . Horton, Rick’d Hudson, John U. Hopkin-, Mathew Harvey. 14—Johnui K rr. ■ < — Solomon Linsoy, Johnson Lrmsdown, Win. LcftwiHi, J».. Justin Idille, Jno. IL Lee, Mrs. i'urohne Lettwicli, Ld. 1.02 wood & ( 'o. ! I ' Minor, Sflth-Martin, Wtn \. Martin, William Aiinter. Micst'nroi tielM.. nor Moor, Muu'l Mct’urtv, Dr. I ho. P. Milelo l, <'. L. Mosby. At— Adison A. Nod. I*—W in. W. Patterson, Anderson Poindexter, Thomas Pieus, Win. Patterson, ft —Sain’l Robinson, Robert Ross, John Roy, II. A. Rogers. N—W m. Shrow>I m e, Jno. or Ben. Shepherd, Geo. Storm, David or H'-urv Mill. Samson Sharp. Sheriff of Bedford. 'I'—Jno. K. Taylor, Miss Julia A. Tliumus, Sophia Thur mau. %’—Rolirr Vas«rr. AV—Goo. W. WV*t. Buford W ill , Jno. Watson, Martha Walden, Mourtou .M. Price or Joel W bile. R. PARKER, P. M. Jan. 0 . 3t B.ov illusion Hale anil S cmalc fIMIE exercises of this I nstitui ion will commence -1- on the. 2lst of January, 1839, under the super* indence of llailow W. Heath, a gentleman every w iy calculated to manage an institution <3 .’us kind He has hail much exp rienee as a teacher; audio tlit* qualifications ol a fine scholar, he unites that uf ;m excellent disciplinarian. A neat and handsome building of buck has been recently erected in this place for the Academy, sufficiently spacious for the accommodiiiion of seventy-five or eighty pupils.— That portion designed for the male pupils, is separ ated from ihe female department ; but the whole will be under the general superintendence of Mr. Heath, whom wc can with confidence lecommeud to the public. In the Male Department will be taught all the branches . o lly taught in any of our literary Institu tions, and such as will cusute to any pupil, who tnav desire it, an easy admittance into any of our Col leges. in iIn* Female Department will be taught all the branches of education usually laoghl in the most ap proved female schools. Particular attention will be paid to instruction in French and Music and Paint ing. whilst ihe more solid branches will not be ne glected. Board may be had in private families in ihe vil lage, at $10 per month. The first session of this Academy will terminate on the 21 st of .1 one next, and resume ifs exercises on the 21st of J lily, and end on ihe 21st of December following, making Hie scholastic year often mouths. Terms (per session of Jive months.) Reading, Writing and Common A rithrnc tic. (on the inductive plan) $10 00 English Grammar, Ancient and Modern Geography with the use of Maps and the Globes, 12 50 Nat. Philosophy, Chemistry, Latin, Greek and French Languages, Mathemat ics, Ac. Lr 0(1 iMttsir, with the use ol the Piano, ‘JO ()l) Declamation and Composition throughout the j term. A c lose anti rigid examination will take place a | the end of each term, which patrons and the friend j of science and literature are respectfully invited to I attend. CHS. PF.UROW. WILSON PETERS, i Trus H. II. SCOTT, ( 'ees. ARTHUR HOPKINS, J N. 13. The services of a Young Lady, of high character, for qualifications, have been engaged. Dec. 31 dt * Notice. riAHE CORNER TENEMENT, now occupied J. by Cobbs A Arnnstead, cuminonly called ••htle's cottier,” is for rent—possession to be given „„ the 1st January. 1839. Persons desirous to rent are requested to call on Charles J,. Mushy, who is aull uriscil to manage and control the same for me. HARRIET KYLE. Dec. 10. .. 18 BLAJffjCS f®)\ .wf( ol this Office. TO I’lNKKlKiCKK. Ni:\V ARR/\N(tEMKfJT. ; rJd|lK Northern Line ol Stages from Lynchbmg j ■ to Fredericksburg by way of Charlottesville, | leaves Lynchburg on Mondays, Wednesdays and I’inlays, at ‘J o’clock. \. M. and reaches Charlottes* ; ville in tho evening ol those days : it arrives at Fre I dcrick'diurg on I uesdays, Thursdays and Saturd ivs, i A{ ? o’clock, 1*. M In leturnmg, it airives at Char j lottesville on Mondavs, Wednesdays and Frida vs, and reaches Lynelibr g on 'Tuesdays, 'Thursdays , and Saturdays. JJy tins route passengers leaving i Lynchburg will icacli Fiedencksburg in two days, j or those going liom Lvnehbmg tn Richmond will j reach'lvichmotid on the second day at t> o’clock. I*. J M.—*)nr teams and coaches are Inst late, and the l diner* at* careful anil accommodating. No pains j will be spared to render the trip safe and pleasant to | the passengeis. Fare through to Frederickftbuig $11 50 do to Richmond 10 00 Apply at the Frmklm I loti ■i. I.nnchbtu ■, foi scat S. If. CLOWKs. Ari. .1 an. 3 ts ♦ liarles K’iic r.vraril, 1'torh ant/ II ’titrh. f/uLtr, f I ^ A k k S ilus nif'Mmd (o iiilnrm Ins r11sinnn rs mill * friends, that lie has just received, Ins *C«'0»1«I Supply, Consisting offmetJohl Patent Lever real Johnson W -Itches ; as well .is veiy fine Silvei Lever and J da i n \\ at C lies ; and a handsome sloek oft Jidd Neck Chains, for gentlemen and ladies; Cold and Silver Spectacles; and a large assortment ol JFWILRY of all kinds ; and Silver \\ are. ready unde, and m ule to order; all ol which, he: offers on the most reason able terms. Jnn. 3 l m IBIIVi: JIM' 2Si;<'33V i:i> n tieice of - sujiei lor W inter strained Lump (hi 11. LATHAM. Dec. 24 ts I iu;h i,o\imi\ u iimiv. ^ Si O I L N E \ 1' JSE SS K LN ol the New Loudon ■ Academy will commence .Ian. 15. The catnap id instruction at this institution w ill ho the itnc as In r< toloio, rxr pling that an olditionnl cl os 1 will he formed, r riled the (‘mumi’rcial Cl os, which I will h< 1 ami 11 1 In on ^-li a 1 igid • on 1 -e ol Inst rue I ion in Book kef ping by double cniiv. t onimop i.d forms, vVr. rompicliendiug all the infoimaiion connected w itH the duties of a clerk. This class w ill afford young men an opportunity of acquiring in a short period a ready and skillful practice in those branches wliu h conduce mod tlb dually to advancement in a mercantile situation. Particular attention is paid to penmanship. A course of lessons in tins branch is given, which though not pretending lo the mira cle- ol the ** 12 easy lesson system,** is yet t on! eased by all acquainted with it lobe the best at piesent he lm e the public. The sue 0 sMul attainment of the ait must always depend materially upon the c apacity, attention, industry, ami perseverance ol the learner. The charge for a course of lessons in this class, (Commercial.) will be $25 in advance, which will enable the student lo remain at the Academy with out further expense, until he is convicted in the course, except for books and stationary. in other branches c f study the terms are ns usual heretofore. per month. Tuitvn in the Languages 3 •» “ “ " English 2 •* •• A charge of 50 cents per month will lie made to the English scholars f< s lition in French if tlirv enter the class. 1). fcLOLlPHANT, Principal. Jan. 3 2w w2w rpilK relelH’iited Knee tSoisc-, 4’A8CO I I4MAIV, by Old Sir Archy, will make his ■ uex' season, at my stable in tins place. Pedigree, Performances and other particulars, in due season. MELVILLE TALBOT. Dec. 17. wfs c.isn. VI,Ij ppmnns indebted to flic late concern of H. - H. Kichards, and(\<. either by bond or »peu account, are respectfully desired to come loiward and settle without delay, as longer indulgence cannot In given. II- li. Ji It'IJARDS. Oct I '* l’AlHlM li.Ol IE. Ill A \ K in .inn- M Imrrcl. superior K.imily 1‘loui, which will be sol-1 low for cosh. A.ND'W.C. KLLIOTT. December (3 is Iniftm'lcil liir> Oooil*. riHIK ituhscriher, grateful for the patmmtge cx .1- tended to the fitm of Kohiusori tV Klliotr, and respectfully sold itmg a contiiiuanc, announces to his friends and the pub ic, the arrival of au extra new stock, purchased within tin* Iasi three weeks, in the Northern cities, uinier the most favorable cir cumstances : Blue black At fancy colM. Cloth®, supr. qualify, do do do (Jassimeres, style entirely new, Kxtra superfine London <1-4 Merinos, very cheap, ! A beautiful a>sortment of Calicoes, patterns most rare, 4-4, figM. A: twilled, style entirely new, Rich glossy Black Italian Lutesrings, Superfine plain Ai figM. Swiss Muslin, 10 bales A: cases of Domestic floods, comprising the best assortment I have ever had. With a large additional supply daily looked for, which will make mv assortment complete. It new, cheap and desirabl ' floods will induce a call, I can J with safety say my friends and the public will not^ he j disappointed. A. C. KLLlDf !• Otr. 8 18 r.ir./ii’ii.i ,17E have in store, on consignment, a large ipian v v lityolwell assorted (’liming*, fnrsalo by the ton. Merchants buying tn sell again will please give ns a call. We tire authorized by the consignors to warrant them to be of first rate metal. LANCASTER tc BRYANT. Dec. 13 ,'i DIC. BKAMIHETIl’S (iEHIMi Vc gpltlble I lliVPl sal i'llls, established in England, 175L 1'or sain at the HooUstnre of 6 J. E. M UiTIN Nov. g'd lf ■ a 11: u a ri. i n rico v i. n i: it. J AMI-.S K l V K K \M) l\ A \ AW II A COM PAN V. ANNCAI. KI-UNUIT. (roxcLunm.) \ 1*1 AN mu UAIIINU Till. ADDITION At, C*APlTAI. °K Tnr Company, with a hkkkiiknck to tmk * II A H AC T1-. U AND AttY AN T AUKS Of TDK LIN I’. I'pon tho great and interesting question of tire best manner of raising the additional capital ol lire Company. I beg leave to suggest to the stockholders what upon much ictlcctinn upon the subject, I have always regatded as the most advisable course. The outline ol the plan which I would venture to recoin mend, is an immediate application to the Legislation t i a subscription on thr pan of the State of thire liltlis ol the proposed additional capital of sis mil lions of dollars; and for nn authority to be given to ; the i'ompanv to subscribe on its own part, the other I two-fifths of this nddionnl capital, and to hoiiow the amout of the stihsnption upon the credit ol the cor poratc funds; with the condition annexed, that so I soon as the selling price ol the stock shall have 'ached its par value, the Company shall he under an obligation to sell a number of shares cquivn lent to tlu* number subscribed, and to apply the proceeds of the sale to the reimbursement ol the loan. It the sum non ol the slot kin Iders and the State | sli utd he given to tins measure, I have no doubt [ that the loan could he uegociated in b'ltrope at an | interest not exceeding ,r> per cent., and the plan would be successful and liigliU advantageous in u I tlier tc*peets—Tins conviction has been strongly ! confirmed bv the approval ol the Hoard ol hirer tors, and I»\ that o| many ol tin* stockliohles with w hom I have conversed upon the stibjei |, ami among the number, I he distinguished 1'iesiderit ol the Hank ol \iigiiua, whose opinion is emiil< d to the Ingest respect. So der nb'd. indeed, was the opinion ol Dot tor Hrockenbrongh, that upon being informed by myscll of ci iiimunicatioiis coming Irom respeeta ble trermau gentlemen residing in this country and encouraging an application abroad, lie undertook at tnv paiticiil.ii request to open a negm iation lor this hji’et, and is in daily expectation ol a favorable re sult. It is scarcely to be nppiebeiulrd that the concur fence ol the Slate would be withheld Irottl this plan, as it is nit iedible that the Lei?islntlire will now a b.union the woik, and it is impossible to devise more rc nnomical terms. I am apprised licit tins method of raising the midi tinted capital will he opposed !>\ some upon the ground ©I its supposed injustice to the present stork hohlei s hv willuli awing Imuii the future divi dends upon their stork, lint with all due tespeef, I beg leave to lemaik, that the objection teems to sprin • limn an irtipeifert conrrptioti of the n.i lure and operation ol tlio plan ; for H uiiisl be rcrnl lerled, tiial il the loan he so mniiaged as that the payment ol inteir«t sh ill eornnienee near the period at whicdi the uionev horrowed shall lie invcsled, the stockholders id I he (’omp.ni> will have a dividend ac cruing upon their pioper piopnition td the new stock, to set oil against then tateable part of the interest of tin' d« hi. i Ins dilfei lire would piohably he mean si'-i'iM ddr, andl ouhl start ly he weighed against the gir t appreciation in iho price of the old stork which would infallibly result from the passage©! the law. 1 hern c an lie no well founded charge of injus ti' r agniri'l ill'* pi in heie | rnpos'-d ; because, the oncm il sul->ci ibers were dMinelly inlomied, (bat it would be called into i ecju tsl mil, if an immediate subsei iptiou of the additional capital could not be obi atned. In my Address to the c itizens of Kichmond, in (he mouth of I leceritlier, 1334, upon the occasion of the memoiahlo subscription then made hy the city, 11»o following passage is to be found m r» - ferenro to the company*!* future financial means : “ Hut, let tin; improbale supposition be indulged, that the remaining capital of $3,300, 00, could not be raised by a new subscription of stock, and lli.it be company, like the Si ImvIkiH Navigation and the Delawuie and K iritnn companies, should be com pc I led to i»‘S'*it to the system ol borrowing, either with or w ithout a specific pledge ol its lolls as a guar antee for the intciesi and pniicip.il of the debt, thtfre cannot be a reasonable doubt of the requisite legis lative sanction to purposes so obviously expedient and proper; m which evei t, the above staled in come ol $1,009,600, might be divided and appropri ated ns follow* : “ For a clivi<h ud at G per cent, to the slot k Imlders, $ ID8.O0O “ For tin* payment of the annuity to the obi James River company 21,000 “ For a sinking luud to pay the interest and j i icipal debt. 260,000 •* For keeping the woiks in repair and other annual cli ngc s 210,000 $1,009,500” The address from which this passage is extiactcd was printed in pamphh t liom, and communh ali-d to the members of both Houses ul Assembly; w.i ex tensively circulated among the citizens ol Kicli mood, and given to the public through the papers of the day. is there any just ground for duobt or distrust as to the filial success of the gicai couipnze itself, ot which the plan of F'lbscriptioii now bmuglit forward is intended to lie an auxiliary measure? Perhaps it may be alleg* d, as was said ol the Slate it self during the State system of management m tin winter of 1623, that the estimates Inve been greatly cxcccdej, and that it is better at once to lecedefrom an un«uccesslul and ruinous scheme. The estimates which were put forth in the ottii t of our hue of’ iinpiovement related to tho time ol its executioe, to the cost of its construction, and to the probable profits to accrue upon the stock. In regard to the progress of the work, it must be admitted, that.iftlic whole field ol tliecompany’s labors is to be taken into view, there is as yet no mucd whatever lor disappoint men t or complaint. 1 welve yean* are al lowed for the execuiionol the work, and il the pre sent scheme of subscription should prevail, the whole improvement may t>e completed to the Ohio river hv the veer 1845. that is to say, in two year*' less than the prenod precribod by I lie charter ii*'*• I here is cverv reason to believe, that the c;*-**' w*^ Ire finished to Lynchburg, in the courserStiext au tumn, ami, should this turn out to bo ,,lt* tact, and due allowance be made lot the p^tereuce in the di metiSions and the character ^,e two wo,^s» l^c progress of our improvemr'*1 undoubtedly have exceeded that of the ‘ ,,J,d In regard to the excess ol the expenditures over the original i >j"|l:,l, s' which upon the line of the canal must n* admitted to be considerable, it is proper dial j sj,rtulil remimhlie stockholders ol the material facts rt,Jd circumstances which posibly may have es caped their recollection. In the com sc ol three years which elapsed be tween the grant of the chain r and the consummation of the subscription, two estimates of the probable cost of the work were made by myscll; the one at the session of 1 832 3-exhibitcd in a pamphlet enti tled A Sym psts ul the Janies River and Kanawha Improvement ; the other, in the pamphlet already re ferred to, entitled an address to the Citizens ol Richmond. The first of these estimates amounted, inclusive of the million invested by the State m the form of her vvoiks upon the hue, te $8,134,000 ; but (this estimate expressly staled that it included no provision whatsoever (or the very heavy items, ol a line of locks from the ILimo hi Richmond to tin* 1 head ot tide water ; or lot the equipment of the rail road with i n -ines, tenders, 6cc.; or the enlargement ! of the 131 tie Ridge canal; urof'the 30 miles ofold canal I between Maiden’s Ndventiirw and Richmond. (Ste • Synopsis page 4.) The other of these rwd estimate I amounted. mrlusive ol the million in the bom ol th« State** works on tlm line, lo $8,300,000—but root lined no provision for th© outfit ol the railroad, nod proceeded upon lire supposition on reducing the length of nil ihr line of the canal, ol locks to be roll sir ucied of hummer dressed stone nnd of th© whole of the aequedttct* with superstructures of wood. (See l printed Address, png© A to Id,) • riiese rough estimates were made without any de ! tailed survey of the line to be estimated. Sine© that ; period ilx* line or iho canal has been located lor | rntisitunion, and all th© aqueducts, with the exeep i I lion ol that of Rocklish. v itlim re »eh ol the floods of | | die n ihtitanes, it was decided lo build ihr superstr uc- , lilies ol Stoll© instead of wood ; ill© ctllveits have not , bteu eonstiueted as was then suggested ; all ill© i stone locks ai© built of cut ©ion© ; and the lower level 1 of the canal has been eulaged into rcseivoit fur a vast j water power, at an aggregate cost of upwards ol I $.100,000. To which may he added, that the damages fur lands condemned lot the use of the canal, have very l.»r exceeded the late geneially anticipated at the | commencement of l he enlcpi iso. Tlit* prit u ol ItiU.oi uUn, both mechanical and common, has tanged tin ilio last linen yam*. above what U was in llie liner proceeding year*, by about ! 10 m Ml pet cent. The pi enrol estimates are detailed estimates made : io the lie Id b\ p.iilo s nt engineers occupied csclit I Mvcly in the business Ini ne.ulv nine months in the Near, and have been governed by the pnc.es of the present canal. It is true, that the former can mates called ho a double track at I In* inilmad ; but loi tin* will be lolind a lull etjuivslcot in dm engines, lenders, *Vc., now included hi the calculation lot llie lailrnad, in ti e v it ions tunnels tecommended in the piesetii plans, and in the supermt stylo ol w ol kmausliip since intro duced upon the line. 11 due allowance be made lor the opcga|io:i of all these muses, the diO'eience between the amount ol , capital now called for and the amount id lotmci es timates will he explained to the satisl it lion id evny just and Idieiid mind. IS I III' I’l' J 11 *» t l! I OIII III lot llistl listing tin* | *»«' 11 i li.under ul the stoi k ? No detailed answer e.m In* given to the question at ! thisadta need stage ul the Aniiuul Bepmt. A hin t illustration i* a'l that is miupaliblc with it detailed exposition ol the tiiiiiHaetKilis ol the yeiu. Instead ol going into statistic il details as to the present ae til'll stme of the tunic, let an amount of tnnnagf be , assumed, w bull all men pmpctlv informed upon the subject wdl in i hesitate to concede as the rightful propeitv «d ihe line. Still Iii11her to simplify the proponed illustration, let nothing In said ol the exact proportion ol tolls tip on the ddleieiit parts ol tin* line, it being understood that the rate, in no ease, shall exceed the maximum hunt piesi iibed hv the charter, and that the aggie gate amount actually levied tor any ol the supposed distances, shall not exceed that ol the equable loll assumed m the subjoined slaletiieiil. Let it also be assumed, that (lit* tolls levied by the ; company Lover all charge* \v halsoever, except tin* price paid to the ranici upon ilir l\ uiwha river and the canal, and that the toll* go to ildiay annual i harge«, as well as to leimineiu'c the capital invested in the woik. No average toll ol 2 cents per ton per mile from l the valley ol the Kannwha to tlu* C'liy ot Kn hrnond could not be complained ot. lo cause transpoit moo on tlir i and being aboin nop rent, and upon iIn- Kanawha . when improved about 3 1 of a rent, the whole I cost ol lieighl bite ween l he Kills of Kanawha and the city ol l! u hinund would be sumcw liat l< vs than 3 cents per ton per mile. TIipsh data being settled, the following brief smnm ai \ will exhibit the nniinil income lesolnng to the company, from the moderate amount of tonnage and passenger* assumed as passing upon the hue up on the completion of the woiUn : 50.000 tons from and to pi ices below L) nelibuig. supposed to pass ltd* unity on the canal, at 2 cents a mle, $100,000 50.000 tons fiom and to Lynchburg, and the < on nt ir m bet w ecu I hat and Buchanan supposed to pas* 150 miles, at 2 cents a nitlr, 150,000 50,000 tons from and to Buchanan, and the counties between that and Covington, suppntu d to pass 200 miles 2 < ts. a mile, 200,000 50,000 tons from and to Covington, and the railroad between that and the Basin At Loup Cieek Shoals, on the Kanawha river supposed to pans 250 miles, at 2 cts. i mile, 25 ',000 50,000 111us from and to the Basin nt Loup Creek Shoals and the coiiutiy between that and the Ohio, supposed to pass 400 miles at 2 cents a mile, 400,0( 0 50,000 tuns from the Ohio, supposed to pass the whole length ul the improve merit, 405 milts, at 1 cent per mile, 232,506 30 passengers eaeh way per day on the rail road, making a total of (it) passengers per day, at the rate of fro 50 per passenger, 120,450 Total income of the company, ,.'15*^,960 This sum would pay an annual interest of 6 per cent, on #1 1.000.01*". ml still leave the sum of $5791,960 to pav annual charges ami tho expenses of transportation on the railroad, and to augment the dividend !>ey< id (! per cent. The rate of transportation and tolls here supposed to prevail from the valley id the Kanawha to the city ol KicIiiiioihI, is only d mills per ton per unio above the rate on the Pennsylvania State hue from Plnla • delpliia to Pittsburg. * It is not pretended that the tonnage would^C ^ itself m the exact older here indicated, iir' , . cessarv to the purp m-s of thecstim.it>' suit shen,Id take ‘place, if an amount , should be diet*riljtilcd at |'*uiits upon " . ‘" I.’ i M i . . ii« ~<1- that m estimating the | It should be roeidl^e , . . • . |.r.,tMl,|P ninoum i*‘ '""’V" .. ! ... Slate "i:" "llr ‘""-.."f bines ||„. resources of PeunsyIvaoin with the forest tf*-* agricultural advantages ol the New \ oik line'* and, it the experience «d those Slates should %ave any degree ol influeiiee upon our calculations, w e would be fully waii.inted in assuming an amount I of tonnage far beyond that which the estimate here presents. At the close ol the Annual Report, extended, as it unavoidably has been by the peculiar circumstances ol the yeas, there is neither space nor time b it ! to give the. rommuDiiation of the results ol it xcaiches which 1 have recently made upon tho re lations of our him of improvement to the great j ami rapidly increasing trade ol the valley ol the O hio. 1 will, however, advert briefly to this great and | interesting subj ct in one or two of ns prominent ; 1 point*. The Canal Commissioners ol tin’ Slate ol New Vork, in a recent report, estimated that the lolls of the ('anal when cnlaigrd will, at tin*, present rates, pay annually Tluce Millions id Hollars, am) (hat one hall*of that sum will lie received from property pas sing to and from other .States. \ Committee of'the Legislature of New Vork, at its last session, at :1m head of which was Mr. Hag gles, deemed it a matter ot importance to the State ma financial point of v itw to institute an claboiate investigation upon the subject of the correctness of this rMimate of the Canal Commissioners; and fi lially concluded by a report stating it is the opinion ol the Committee, that the estimate of the Canal <’oiniimsioners, to say the least, was not exuggeia ted. f In the Course of this investigation, the attention o j * Sn extract from tho Itepnrt of the Canal (’<*111111!' doner* ol V York, uml hUo tubular rtatcinenis of die <*nM <f trtm* porlttiionnn die renu'.vhonia and Ohio • nlndr I ^PI** ■'** O I’ | tho committee we* directed forcibly to ilie export anil import trade of the five Stales nod Terri tories between the Ohio river »ml *s the remit of their I a lint s upon this subject, they state that in n* about ibe course of ten years from this time the probable expml and import* of those States and Territories will amount to the sum of S'JOO.OOO, 00th Without undertaking to decide wliedirr the prin ciple* hy which the committee were governed In their researches upon this occasion, nr whether thn concltisiuns to which they Arrived ate perfectly cor rect. it is t mnpetent for me to avail myself of that es timate. roniing, as it does, fiom so* respectable a source and Under c Irctlmsfances so imposing to illus trate the In illiaot pi ospects of our line of improve ment in the valley of the Ohio. In connection with this subject, I beg leave to re fer the stockholders to the accompanying table of distances horn the town of Portsmouth, situated at thn month of the Ohio canal, on the Ohio river, to the tci iiuii.it ion of the different lines of transport now carrying nr seeking to carry the trade of the immense region referred to hi the estimate of the committee. (See App. (J ) r mm I’m tsinnitth to the* city ol Richmond, by 1 the way ol' the .lames river ami Kanawha hue ol im provement, it is Till miles. I'mm l*nrt*»nomh *tn Maltiimoe. hv the Raliimme nml Ohio Kaihoad. fiH'J h'tnm Portsiunutlt to Oenrgciown. by the way of the ( ImsapeaUe ‘and Ohio (‘anal, i Piom l**»it* I umuth to I'hihuh Ipl.ia, hv the wav "f the Ohio river J ami the Portage ami t'ohtudd.i Railroads and tlio Pennsylvania ( anal ?4!b I'moi Port'mouth lo - Philadelphia hy the wav id ihe Sandy ami Reaver < 'aoals. ihe < Muo liver ami the Pennsylvania lltle, 744- Prom Portsiiiouth to Philadelphia* by the way ol I he ( Mho iivri to Pittsburg, and from Piftshuig by the w ay ol i he Pi n posed «‘» ii ! In ii r> i MS water hue a* long the route of ihe West loam h. CJf4. I'mm Poitsinmiih to New A oik. by the way of the Ohio Slate ('anal. L ike Km* and the l.uo Canal, KK2Q. Crum P.'i’amtuth to New Oilcan*, MiM. Piom Pmisointiih to the (* apes nl Vligiuit by the way of .\ v < h leans, making the usual allow ament mm fourth o| the actual distance by sea in addition I or tlm deviation ol (lie Vessel limn il* cootie in Cnn*ri|lieiicn ol the wind and waves, I'mm I'mtsumuiIi lo the < 'ape* of Virginia, via the .lames Rivoi awd Ka i nawha line of improvement h!M) Prom tins cornparativ'' *>'atrm ut ii \ 1 evident that the.laims Rivet and Kimiwlia Improvi incut has tbo advantage in point of distance r*vcr all the line* with which it will come into competition. When to ibis is added the cheapness of transport, mulling as weff from the eh,natter of ihe wmk, Irum the idmitnesi of ihe route, the mildness and salubrity of the cli mate, tin* centrality id it* icrmtfiiis on (he (Muo A tho Atlantic border, the pi duetimi to the trade in time id war limn the cm** fire at the Rip R p* nmf ( Md Point Comfort. nml the pi .ato abilit v of'com pleting tho line id watc eommnniratinti at a future rl in , if must In* admitted that it is the must ndv;r t - geoti* id .ill the line* of comm ideation I iininu a eumiectlrili bet ween the f i-.tei u ami the Wrtftlctti States. Previous to tin* close ofibr* Report. 1 beg b ate to present to tin* stocklinblci *, ill obedience lo the iu«* stru'timi* ol the Rood id’ Ihin tm , the accompa nying petilidii, addressed bv Patrick Af alioniii" to the Ro ml, and praying Im a pecuniary relief from the company, upon the ground of In* having had the mhhouine to become blind during the operation I of blasting in lliirii m*rrire. The subject is referred I to ihe stockholders, from a w ant of authority in tin* Ihicciniv over the subject of the perumu. In com lii.sirm, the f Mowing iesolufions are re* speetfiillv rccmitoifnded to the ronthJcration of (Ii«* slockluddei* : 1 /iV.voKyi/, Thai i tnemmi.d In* presenter] to the Legislature at tin* next session, putNing that Immi i able body to giro authority to ihe .1.Hue* River pod Kanawha company. to locale acro.*s the Armorv lor, the line of lock* necessary to connect t|ie < : iinI with lnle Nvater, and to levy tl»" tolls on the canal a* soon as it is finished from the Rasin'at Richmond to the town of Lynchburg. 2. lit .M>li fit, That application be made to ihe Le gislature, praying that honorable body to to airend the charter cd the company, as to release the com pany from the obligation in constructing the railroad, to ni.ike provision foi more than one track. 3 Resolve That application be made to the Le gislature, praying that honorable body t amend the charter of the company so ns io reduce tolls authorized to lie levied upon tonnage pas sing upon the lailrond* from an avemge maximum of H cents per loti per mile both ways* to an aver age maximum of K rents per ton per mile from Ka-t to West, and f rent* per ton per ii ilu from West to Kadi ; and authorize tho company to levy toll* on boat# and on passengcis im tlio water parts of the line. 4. liesuIicif, That ihe iestricfion imposed by 2d resolution adopted at the last annual meetj^.|nj| the stnrUinldeiN, in regard to the durnticm^ Id lie tircoiiulcil (nr tin' |inr|m,i- nl jRIU „„J qui.iiiimn, hr r, |,c„l,:,l. mill ihm l„n„r ns he iimllurir.nl Id lie«j'rnM,W ,|,P ""■.v ..■.ilhlrl.D t-11 ii v n i ft cii ihe remainder ol the capital a** works. . , , . , / ; rp• t application he made to imp Le o. hrsoh i r 11nr honorable body to subscribe g i *■ i, 1111 m |Mf» j|M, i lure-fill I is ol ibe sum of six ou t u I'^f dollars, moposed to he added to the emir capital stock, and to give authority to »ho ,'/mipany to subscribe on its own pail, the other two fifths olthisaddiiioM.nl capital, and to borrow the a inuuiit of the subscription upon the credit ol the cor porate hinds, with the eondi ioiis annexed, that so' inrun as the selling print id tin* stock shall have reached its par value, the company shall lie under an obligation to sell a number ol shaies equivalent to' (lie number subscribed, and to apply the proceeds of ihe sale to the reimbursement of tbe loan. On motion, tbe President’s report, with the ar*' rompatiying resolution* and documents, was refer red in a comm flee consisting of Messrs. Chapman I h *(iii. J lUithri lord, Sidney S. Baxter, lien re \ .A11.e, Bernard Peyton, James Cray. Fleming ,1,iiii* and (JluirTes P. Dorman, with instructions to enquire, nod report the mensuies which they might deem pro pc i to be adapted. A memorial from Wm. Davis, jr., asking the con sent of the company to the re-assessment of a por tion of bis land heretofore condemned to their use, was presented by Mr. Knrlv, and, his motion, ic ferred to the same comimuee. A memorial from S. II. Davis. President of rha Common Council of Lynchburg, and other stock holders, for the survey »d a water line of communi cation between the waters ol New river and those rti James liver, was presented bv Dr* Broekenboioiigli, and, on bis motion, referred to the same commit - tec. The stockho’deix then adjourned to meet at 4 o' clock P. M., on the following Thursday* at the same place. At which time and place, the meeting having con vened, Mr. Johnson, I rum the committee aforesaid* presented the following retort. The committee to whom war* referred the com iniiiiicatioti of the President of the Company, with instructions to repott such measures as they should deem u expedient to adopt, have agreed on thereto lutions following, which they recommend to the a duptiou of the HocUholdris a First, Result&.1, That until t'he next meeting of the s oekhulders lire Tiesidrnt ant) Directors shall h ive authority to borrow money mi the credit of the company : provided that loan or loans oego ciated under this rrsoliit i.n, shall not severally, or *u the aggtegatc. ,<ii' hme, * s< d ti»r amount due