Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1847-06-04
.63i,15i 30
2l9,7ii,6O
33,521,39
Leaving in the Treasury, on May /, the
sum Of 1915
This sum has been increased, slnce the srst
OF May 156i47O
156i4.7O


l MS sum nus DeCn increased sulcc The nISt
OF May, I56i47O
Making, 9ig622j
Which may be regarded as about the amount which
would remain III the Treasury available tor future use,
II the cost OF all work done and materials delivered 10
this date, was quidoted, at contract prices
The great question with the Directors and no iess
so 10 the stockholders III the mode OF SUPPLYING the
additional means of completing our road The OIL
gluhl subscription list, as Is known to all was 81 OOO-
ooo Assessments have been paid with all the prompt
ness necesspry TO meet expenditures and we are
happy to say that the early assessments have been
generally paid, that no ultimate deficiency of any
considerable amount, Is ut all probable. OF the orgi
mai list. several OF the last assessments having been
recently laid, and with little interval about $500 600
remains yet uncoccted BY the contracts for grading
iron, cars, engines, &c, something more than 100
wv OF new stock IL to be taken in payment and by
we same CONTRACTS something more than SOOOo0 in
Bonds OF the Company time issued by authority
ol tic Board These sums. added to the original ca
pita Increases fund to meet expenditures from
lhe beginning 10 something 81 200 900 and thus
leaves available, Tor future payments about $500 900
our expenditures Tor the next or months we've
merely Tor grading these means wonld be more than
snihcIcnt to meet them. Bnt we have arrived ala
susr whcn our expenditures OF every kind. to be- in
cit" III Inc construction, completion, and furnishing
the road, and putting in operation are 10 be mo, nj
the same time, and within Il short space
Much OF what We shall require in ALL beyond tho
81 2ooDoo secured should be provided promptly that
the work may be brought Close. and made aya,l,
bic TO the public and productive to the s,ockholIrrs
at the earliest practicable time That this viii h..
done in mode by the stockholders, we en,ertain
no doubt
With every disposition however. on the mar, n.
Directors, to urge on the work to meet the puhc ~,
pectatlon and demand it must be understood bv the
stockholders, that We are but agents ransactnp their
business ana mat their support and ready o-opera,oa
at all times are Necessary to its successful prosecuon
Il our prospects were less cheering than they aref
teie was the same uncertainty as to the construction
OF the important lines beyond existed at our lsst
Annual NlcetlnG-- We had even some appreh cnsinr
which wc have not, of the ultimate value Of our lnyes
m'nls--w" should have no other alternative. bur tn
uulsh want "e uoyc begun, and secure Whatever of
benefits might result
bi with our position as it is--with prospects ofb,
tlie business sec0nd to that of road now copstrIc
tIg-connec,lng with two grea lines at poiri when,
Ne snail be able 20 offer them the mos, drect on,n,
nicatlon with the common central point of all ~.
England railroads. and all New England bnsiness
WIN the prospect OF participating with other lines IN
the large amount Of business which is To he s,,,ri
ded TO the business which shalaccuinulate in V
by the construction of the Ogdenshurg road soon ~,
De uiIdefIaken-wlth good local business which
Will be steadily increased by the very FACILITIES hih
our Toai wi. iurnlsl--h We will be Influenced by 3D.
results OF other similar enterprises now in ,ucccssnl
operation, alter having struggled through necnnia
difficulties and cmbarraSsmenis In vh;cL ai!
been strangers--we shall find every thine IN c,,
age and nothing 10 dishearlen us in our onuar,
movements '""aiu
Not doubling that every Necessary ,id uin,c
nsLed, we look 10 the early completion of he r"n,,
WIN Chltre confidence ; and in the assurance H.,
men nsed amt IN opcration, II will remain for al,
uie'a Ng'a JustihcatiOn OF the ntelinent en,.rnr
OF the citizens OF the County by whom The un,T,st
was hstput IN motiona and who have given To- il 80.
nJus SUPPORT, ana OF the sagaci'y and liheraty wb
te city shall have operated with ms in c, a'ru IA
forward to a successful issue ''"a +"
Al "hch Is respectfully submitted
THOMAS NJ EDWHPDs
ABEL PHLEPS,
THOMAS THATCHER
b +. ADAMS.
GEORGE HI \'rTNcTbN