Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1846-02-26
Correspondence Of Amherst Esprc''l
Annual Meeting Of the Vermont and Mass
achusctts Railroad Company.
Bnsror. FebruaIy Is, Is40.

oi The doings of The Vermont and Moss Railroad Co.,
al their annual meeting held at fremont Temple on
"Wednesday and Thursday, 18th and 18th inst. be,
eye is substantially correct, as far as goes Tor
was not able to note oil that said, in the hurry and
excitement Of the debate. very large number were
present. should think the stock subscribed was nearly
AFT represented particularly that upon or near the line
10 be located BY this body, and in which the readers Of
your paper have deep interest.
The meeting was called TO order by the President
Ma CRocEER at 10 O'Clock, and few appropriate re-
marks touching the object Of the meeting proceededby
request Of the meeting, TO read the second annual re-
port of the Directors OF this Company
Cor. Lee of Templeton is dissatisfied with the re-
port would deem it more fair, inasmuch as reference
to certain statements coming from sde-way sources"
&C, had been made, to have alluded directly and PLAIN
w to Mr. Hudson and to have explained the whole sun
iect that all might understand. lie wants things
called by their rpht names, sc. Mr. Lee then went
into an examination uf the Baldwinsve controversy
40 far as il related this reference TO MI HUDSON and
a survey made by Mr. Borden OF Fall River, who re-
ports the expense Of building the road through the
Reservoir 10 be $500 Mr. l.. appeared rather sens-
tive upop this question You will recollcct something
OF his speech at our Convention OF Gtouts upon tins
vexed question. He requests To know why the report
of the Committee not 10 the report President re-
Plies at will be introduced in its ofder during the
session."
Mn LAM of Boston moves reference Of the report
TO a committee Of 4 or 5.
+. H. DERBy opposes such reerence--we need have
Of this great work. men are giving themselves unnec-
essafy iroube-ihere is nothing hidden or kept in the
dark-al goes weil-this is an important ine--the SIX
towns next above Fichburg furnish double the amo't
of freight 10 the first six beow-has made some pre-
dciions in the course Of his life since his connection
with raIroad affairs which have been fulfilled, and Is
willing to stake his reputation as railroad man on
another prediction, and that is, the road now under
consideration will pay dividend Of per cent. the
first year after its completion to Braiteboro spite Of
Mortified, Greenfield, Winchendon or Baldwinsville-
choose committees TO investigate what is plain To
be seen by the whole meeting. But by all means
choose your officers and let the work 60 on. Massa-
chusetis north it, Vermont south wants it, and
we all want this great and glorious work completed
Mr. Lamb-li the road should 60 one way IL would
be good stock. But il is my opinion that the Board
Of Directors, save yourself, (Mr Crocker) should be
selected who not prejudced committed, and who
live in Boston. believe Il county Stock Directors
chosen, the Boston Stockholders wall not feel con-
fdence in them. The report is not full plain, and TO
the point From il know but little in regard
10 the inHnces Of the compeny, and can tell gentle
that they may be deceived in this way; there are
facts in relation TO amount Of assessments paid in,
which are not disclosed By the report.
Nj Allen OF Mortified wishes the gentlemen 10 say
whether the financial account, as reported, is true OF
not Repy-"True, only It should he stated that oil
the amount paid in was not assessments, but part
IN anticipation Of such allowed BY the terms set
forth in the stock books.
Mr. Bradley of Braitleboro there Is ten or fifteen
thousand dollars paid in this way, il is perfectly safe IN
the hands Of the board, and il any gentleman should
think oiherwiSe, he would take his horse and wagon
and ride until he could find acceptable security.
Mr. Grennell OF Greenfield hopes the motion 20 COM
nit, will prevail. VIII il cause deayi IL is wise 10
submit the report to an examination by committee.
u you sincere in your wish that should nvesii
gate 1t, why not allow chancei What does your
financial statement amount to' You tell US, sir in de-
hance NAV say TO examine and investigate your do
ings, and will not the gentlemen present crafty you
and US in this and allow this Committee 10 be raised
do this which you are so anxious To have dOne'
Mr. President, what was the situation Of your road
at your first meetingi You well aware that a
great change has taken place in many important par
lieuars since this project was first started. The
did exist. And the Rutland route is about TO
come the mountains TO increase the business of
The Cheshire road and perhaps This is i'm
port work. and all its movements should be scrunized
and closely Investigated hope the gentlemen present
will adopt Mr. LIS motion.
Mr. Lamb thinks Committee should be elected TO
recommend Board Of Directors, and IL this is not
done, this great work will NOT 20 on.
Mr. Chapman of Greenfield wishes gentlemen would
confne themselves TO the question OF commitment.
Mr. Curtis of Bosion.-The Boston men want light.
The work aul satisfied is good one, let it he con-
tinued so-lei the Committee be chosen, too much
time spent in these discussions reminds him of the
boy who fell overheard and two boats put out for him
at the same time from opposite paces-ihe boy was
seized by each at the same time, one pulling one way
and the other, tll between them both the moor fellow
was drowned Mr. e. wished TO get through. for his
business called him elsewhere, and he was admonished
by the clock that he must leave the meeting | admit
there is trouble in the way about who this Commit
Tee shall consist Of but II light is denied 10 the Stock
holders, no more will be paid. hope the doings Of
the meeting will be stayed, till Committee can report
Mr. Derby is friend TO the diffusion of light, and
would use no means TO prevent it. But what time
have to investigate this question: In what parte
uar is it unsatisfactory Ii is quite plain 10 be seen
that all this arago is for the purpose of DELAYING any
and all action at this meeting aud proceeds from one
little town 10 Franklin county of about 100 inhSbi-
tants-that the communication in the Atlas, which
represents the prospects Of the Company 10 such a
gloomy and uniavorabe light, proceeds from the same
quarter, Gou have noticed, probably, this communica.
ton signed Franklin) and from high in authority
Judge Wells Of Greenfeld.-Does the gentleman
mean me'
Mr. d. do.
Judge W.-Then would inform him that il is false.
disclaim il entirely.
Mr. Bradley for one wish for oil the inyestoa
ton that can be made-the more the better
Mr. Derby resumes and enters into an examination
OF the resources for business and trade in the valley of
the Connecticut River, &c, in which he was very Ell.
oqnent, and which ! was not able To note in detail
Mr. Grennell still claims that the prospect of The
Company is gloomy one the broad.sweepinp decla
fallons OF the gentleman (Mr Derby are mol nrgu-
menls: Judge Wells presents stock book containing
subscriptions TO the amount Of forty or flty Thousand
dollars which had been obtained on condition that The
road should be built through Observation-Disclosures 10 call
attention Of Stockholders to the question of location
y called to order, but allowed TO go on and say why
part Of the report, at least should be committed Ibid
not note his language, but it of the same charac
ter with that Of Mr. Lamb and Grenne.)
Mr. Dewey OF Montague was glad the gentleman
rom Boston, (Mr Cur,is) had called the attention If
the meeting To the importance Of deciding the cues
lion without further waste Of time, but would apDlv
mat mode OF reasoning IN manner 10 show the in
pfopne i appointing Committee TO investigate
The report Such Committee would certainly reoSire
suhcenI time to enable them to examine each part or
subject presented in the report-consequenlly would be