Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1850-11-29
The Annupl Meeting Of the Stockholders o
The Vt. Ccntial Railroad.

The Annu1l Meeting Of the StOclih uldcrs OF
The Vt. Ccntial Railroad.
A very largo meeting I The Stockholders oil
the Vermont Central Railroad was held in the
Court lIpusc to-day The Court Room wa,
densely crowded. The meeting was called 10
order by the President, Gov. PAINE, who pre-
scented the Annual Report as heretofore printed
which, after remarks by eX-Gov. IIUGBARD, Of
New Hampshire, and Hon. JostAu Quincy, oil
Boston, with reference to the claim of the
Company upon the estate of the late Gen.
Bslknap, on which Gov. Hubbard is Admins
traor.) was unanimously accepted.
1t will be recolIected that at the last annual
meeting Of the Stockholders Of this Road in
1919, committee consisting Of President
WHEELER and Professor GEORGE w. BEyE.
DICT, of Burlington, and DANIEL BALDWIN,
Esq. Of Montpelier, was appointed " to invesi-
gaze and report upon the affairs Of the Compa-
n.y." President WHEELER, the Chairman of
the Committee, prefaced the reading of the
Report by few remarks explanatory of the
circumstances under which it had been drawn
up, and of the degree of investigation which
tic committee had been able to make
Professor BENEDICT thcreupon submitted
verbally and in writing, the Report of the In
vee;gating Committee, which was listened to
with marked attention by the crowded meeting.
Both spoken and written, it was a very clear,
s,raieht.f forward and able production, marked
freely by the learned Professors customary
style of direct and someW what tart expression.
The Report was decidedly approbatory Of the
conduct and services of Gov. PAINE and the
other active AMI working Oi,crs Of the Com
rany, conferred merited praise upon him and
Others who, under extraordinary embarrass-
mcnts, had carried the great enterprise forward
TO completion, and bestowed especial common.
daiion on the Chief Engineer, Mr.. Moore. and
his associates. for the eiiicieut manner in which
they encountered and remelied the disasters
occasioned by the great bod in July, while, at
the same time, it spoke with perfect planndss
and freedom Of tn, errors which, in the jndg
ment of the Committee, The Direction had fallen
INTO in the prosecution of the l,,at work. No
body could have listened to Prof. BENEDIcr
without berg impressed with the truthiuncss
aud fairness of the Report he presented. lie
concluded by expressing the entire confidence
of the Committee that tie business prospects
Of the Company fully warranted the cXpe2ta-
ton that dividend of at least : } per share
would be realized before the occurrence Of the
me-: annual laccing, and b. submitting Sc
res of Resolutions embracing the re formaory
action recommended by he Report
At the conclusion Of the Report, Mr. IIrJ-
Tcs made some inquiries il. regasl to The saIe-
RIGS of I'll :crs Of the Corporation, which were
answered by Professor DrsEIs;r, ana wlich
called up the Hon. Mr.. QUIycY, who made an
e.! qucnt and elective of:hand speech, in tie
course of which he appropriately G'Iudel to
his own efficient agency in securing the final
completion of the Road, and paid a high com.
pimcut to the crer-y ard resolution of Y r
non,crS, who were, lie said, the only people
who paid their Revolutionary dcbts. Mr..
CrIYcy expressed without hesitation, his belief
that, in three years from this time, TIE bust
ress Of the Vermont Central Roll would pay
all its Stockholders six per centum on share,
a ;ts nominal value of $l00--a belief founled
on an intelligent and thorough consideration Of
the immense probable inauei.l 4, SORTS. "a of the
Company, consequent upon Ula c.'.. Lotion Of
tie Vermont s. Canada Toad, ;G ..... ,n.u'a5
of direct and easy communicates JotVeou
Oglcnebur.h and Boston. NJ D"IalY va.
warmly cheercd in the course. all at the con
cIufion, Of his speech.
The election Of Directors Ma postponed
ill this afternoon as wa, also, o1 motion Of
Gov IIuBBArr, the furt.cr consideration Of
the Report and Resolution. Of the Invcstiaa
ting Committee.
The following gentlemen we're elected
Directors, on the assembling Of the meeting
this afternoon, by very unanimous vote -
CHARLES PAINE, Mortified.
JAMES r. LANGDON, Montpelier.
CHARLES O. WITHIN ORE. B )ston, Mass
JOHN T.. PUTNAM,
JAMES G. DUNN,
JOIN SMITH, st. Adams, Vt.
JOHN PECK, Burlington, "
A vote was adopted expressing the thank
of the ST. ckholders to SAMUEL II. VALLEY
ESQ the former Treasurer, for the energy and
fidelity with which lie discharged the response
bic duties of lis office. The Report of the
Investigating Committee was by unanimor.
vote, referred to the Dicsors 70 be disposed O
as they should deem proper, and the meeting
adjourned.
The New York Tribune publishes the com
plce Congressional vote of that State, at til,
recent election, the footing up of which fur,
nshes most gratifying fgmes to Il c Wings o
the Old Empire. The clear aggregate Wing
maiuIilY over all oilers is CLOG showing hnI