Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1848-07-06
RAILROADS.

|
debted to the President, Geo. w. Nesmth, Esq
for copy Of the third annual report of the Di.
rectors. This road, from Concord, N. II. to the
mouth of White River in Vermont, is not faI
from 20 miles in length, and is construction lin.
GLIDING interest paid to stockholders and dis
count on 1900 shares of new stock issued at &c
per cent? has cost So, 46l3l5 49, outstanding
claims and work yet to be done it is estimated
will bring the cost to $4,000 600, making the
cost $37, l12 per mile. Tho whole amount OF
interest paid to the stockholders is Sl32,7G6 80
interest having been paid from about Sept LIST
1915, if we rccolcct correcilyi yet we find that
the income of the road from the lst day of Jan.
1917 to the lsl day Of Nay, 1878, 1G months,j
was Sl22,5Gi 4G-or enough, within about $40,
600, TO pay the total amount of interest which
accrued during the whole period Of the construc-
ton of the road From Sept /, 1917, to May
|, 1913, the road was in operation Al miles for
three months and 81 miles for five months-yet
the net income has paid per cent on the cost
of the whole roal and left surplus of s675l
50. At the on set then, the Nothcrn road pre-
sents highly satisfactory results: its friends
count upon go1l h1ryes;s Tor the future, from its
connection with the Pnssurpsc, Central, Yer.
mont and CInadl aud Ogden,burgh roads. The
Northern road has an enllne house at Concord
l26 feet IN diameter, mn uuol!ar of l3O feet at
West Lebanon, each calculated for rs engines
another at Franklin, and also one al the summit
for engines each It's repair shop at Concord
measures lS0 feet by 80, and it is erecting ano,h
or at West Lebanon, 30 feet by 80. It's motive
power consists Of 10 first class engines and /
second class aid it has II passenger cars with
81 seats each, 7 baggage cars, 1873 merchandise
cars, AZ gravel ANA stone cars, and & snow.
plows.
VERMONT CENTRAL Very high praise i.
given 10 the Central, by those who have testcc
it by trip in the cars. We understand that
freight will be run the present week, and the
running so arranged as to give two passenger
trains day. Il is now SO comfortable getting
from Boston to MonIp lier in one dly that GU
folks are all in great hurry to have it more so
A dividend OF interest is now ready for The
Stockholders. We cut the following notice o
the opening foa he Windsor Journal:
First Eailroad in Vermont.
| We enjoyed the pleasure, last Monday, thr
Goth ut. Of ride IN the frs, regular passenger
train Of Railway Cars ever ran in Vermont. 80
The Vermont Central Ijairood having beer
completed lron the mouth of White River Il
Bethel, distance Of . uI.es, and it having be
come known that the passenger cars would CON
mence running last Monday. the friends of tn,
ro1d in the vicinity, with a few friends fro II
brond, without any formal invitation gntheret
together at White River vi.lnge all eager to try
the novel experiment OF Il railway excursion
mong our Green Hills. Three beautifully fin
ished cars were filed with passengers, among
whom was the Hon Ab5ou Lawrence Of Boston
who had started on tour through the country
with portion OF his family. The cars wer,
about an hour in going to Bethel, where, on on
arrival, we found an extensive table bountifull,
spread with all the substantial comforts thu
could be desired. The rcpast over, Mr.. Law
renee addressed the assembled multitude 70
some fifteen or twenty minutes. The Hon. gen
tleman seemed highly pleased with every thin.
with Vermont and her noble sons around him
with the generous ,piriS Of enterprise that ami
mated them. anu above all. with that portion o
the Central Road over which he had just passe,
SO thoroughly and faithfully constructed, an,
forming an Important link ina the great chain o
railway CO nin"uicau1n that Is to develop on
resources ana bring rs IN close contact with thu
Auanuc Oo'der ana the great lakes of to-