Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1847-06-17
Correspondence OF INC NlIus'
OGDENSBURGH RAILROAD.

The first annual meeting Of the stockholders
of the Ogdensburgh Railroad Company, since
the actual completion of the subscription TO the
Stock was held in this village to-day. The OBJ
ject of the meeting was the election of the
Board of Directors and to hear reports Of pro-
gress. Over eighteen thousand shares OF the
Company were represented, and they were near
" unanimous in the selection of the Board; on
" about twenty shares gave scattering votes.--
The following gentlemen were elected:
George Parish, of Ogdensburg, President.
Abbott Lawrence, of Boston.
j. Wiley Edmands,
Samuel s. Lewis,
II. p. Chandler,
Ex-Gov. Charles Paine, of Mortified, VT
Sewall T. Belknap, CT Windsor, VT
Isaac Spaulding of Nashua, N. II.
Lawrence Myers, of Pittsburgh, N. Y.
Hiram Horton, of Malone, N. Y.
John Leslie Russell, of Canton, N. Y.
BENZ. r. Reed, Esq, of Boston.
Anthony G. Brown, of Ogdensburg.
The Reports of the Directors and the Treas
urer were brief, but satisfactory. The stock has
all been subscribed for, and is held by RESPONSE
BILE persons. The first assessment of five per
cent. has all been paid in upon u stock of two
millions Of dollars. During the past year, the
road has been carefully surveyed by Mr.. Hay
ward, and route discovered far more favorable
than was ever dreamed of. This varies some
what from any before contemplated, striking the
Lake higher up than this place, aud crossing it
near the Canada line, at Rouses point, by
bridge. The great advantages of this plan are
its easy grades and curves, and being a coninu.
Gus road, uninterrupted by single break, the
whole distance of $50 miles, from Ogdensburg
to Boston. This immense enterprise OF uniting
Lake Ontario and Boston, by one connected line
of railroad, may now be regarded as secured be-
yond all possibility OF failure and in the course
of two or three years from now, will be COM
plete throughout its whole extent. The mighty
revolutions in the trade, not merely of Boston,
but also of Northern New York and all Vermont,
that will be produced by this event, none of US
can probably ioresee in all its magnitude and
Importance.
We find the reports Of the Directors and the
Treasurer in the Burlington Free Press, as fol-
lows:
TO The Stockholders Of The Northern Railroad
Company, NJ Y:
GENTLEMEN:-Aftert the organization of this
Company, in June last, the Board of Directors
held a meeting at an early day, and, for the pur-
pose of doing all in their power to expedite the
building Of the road at the earliest practicable
time, they appointed an Engineer, with authority
to make such examinations and surveys of said
railroad to be made, as may be necessary to
vantageous course for the road, and as shall be
"best adapted to the public accommodation ir
), "pursuance of the act Of Incorporation" James
; Hayward, Esq, the Engineer appointed BY
the Board, and clothed with this authority.
Very soon after the selection Of the Chief En-.
gineer he accepted the appointment, and pro-
ceeded to organize his parties for the purpose o.
making the requisite surveys. After the lapse
Of several months, the Engineer submitted full
report of the results of his examination to tn,
Board of Directors at their meeting in April last
an abstract of which report has been published
: and circulated
e The Directors have instructed the Engineer Il
0 go forward and complete the surveys, to enable
the Board to put the road under contract at tn,
earliest practicable moment, and he is at this tint
engaged in the execution Of these instructions.
With these facts the Directors leave the mat
ter in the hands of the stockholders, assuring
them. that their confidence in the construction o
the proposedroad is strengthened by increased &C
quaintance with the feasibility of the enterprise
r and the important advantages which are to b
secured to the stockholders and the public by it
early completion.
: BY order of the Directors,
G G. PARRISH, President.