Report of the Directors of the Baltimore and Ohio Rail Raod Company: In Obedience to an Order of 28th January, 1843 (Classic Reprint)
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|Excerpt from Report of the Directors of the Baltimore and Ohio Rail Raod Company: In Obedience to an Order of 28th January, 1843
To the President and Directors of the Baltimore and Ohio Rail Road Company: -
The committee chosen at the last meeting of the board, in consequence of an order passed by the House of Delegates of Maryland, on the twenty-eighth day of January last, present the following report:
The order of the House of Delegates is in the following words:
"Ordered, That the Baltimore and Ohio Rail Road Company be requested to inform this House, how long Louis McLane, Esq. has been President of that corporation, and what amount of compensation he has received for salary, extra allowance, or in any other manner, so as to shew the aggregate sum received by the said Louis McLane, Esq. from said company, and the space of time in which he performed the services, for which such compensation was paid; and whether the amount of officers' salaries have been increased or diminished since the present President of the Company came into office, and to what extent, and whether the number of officers have been increased or diminished, and to what extent."
The resolution under which your committee has acted, clearly defines their duties, and is as follows: -
"Resolved, That the order of the House of Delegates, passed the 28th January 1843, and now communicated to the board, be referred to a committee of three directors, to be chosen by ballot; and that they be instructed to inquire into what extent the several communications heretofore made from the Executive officers of the company, in obedience to previous orders of the Senate or House of Delegates, contain the information called for by the present order, and to report to the board a statement comprising a suitable answer thereto."
Your committee have examined the minutes of the board heretofore, and it appears to them thereform, that the information now sought by the above order, has on three several occasions before this, been transmitted to the House of Delegates, in pursuance of orders from that body; first, in answer to an order passed on the twentieth day of January 1840, again on the twenty-third day of February in the year 1842, in reply to an order of 19th February in the same year, and lastly on the twenty-fourth day of January last, and during the present session, when the order of the House of Delegates passed on the sixteenth day of that month was fully answered in detail.
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