New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-04-25
Total .........sl49,s3 $50 10 s

Total ............-. Sl49,s $50 10 s247,Sl3 30
The meeting of the Stockholders of the Madison and In
anapos Railroad at the Suyvesant Institute on Friday
evening was very well attended notwithstanding the
storm that kept many away Edward Sanford Esq was in
the Chair and w NJ. vermiyea, Secretary.
Mr. Brough the President, made address in which he
reviewed the business operations of the Road He referred
70 his prediction one year since that the receipts of the
Road for 1852 would reach s5000OO which was then con
Sdered large That had been more than fulfilled He felt
a. safe in predicting that the receipts of 1853 would
reach from 100000 to 600 notwithstanding reduc
ZION Of 25 to 30 per cent in the Tariff and he felt certain
the expenses would fall below those of last year The re-
ceip Of the first quarter showed increase of $4,000
over same time last year; while during portion of that
time the entire business Of the Shebyvie, Knightstown
and Rushvle Roads which the Madison Road has here
tofore exclusively enjoyed had been cut off by the Jeer
sonvlle Company-tha Company charging so high rate
Oh transportation on the Shelbyvlle Road which the JEFF
iersonvie Company for freghts to and from Madi
con, as to amount to prohibition
Mr. b. went into full exhibition of the railroad con
nectons in his vicinity and showed how the trade of the
lateral roads had been off The city and citizens of
Aadson had determined TO restore it by building road
nom Columbus to Shelbyvle and the action in this mat
tr had been so prompt to insure the completion of this
lateral line by the Isl of September next when this trade
would be IN great measure restored Madison was an
equal market to either Louisville or Cincinnati for produce
md would tend in that direction owing to the shortness
0aeaPhess OF transportation if the facilities af
u.o ne also announced that the road from Franklin,
"e madison road westerly 2j miles to Marnsville in
county, would be in operation in a few weeks that
asa oeen taken on it by the Madison Company for
- ~ years and that this would very considerably in
crease 'ne business Of the Madison road
reply to the inquiry Of stakeholder who stated tba
ne had received such information from Ind;anaoIs NJ
stated that there no floating deh -, ,ha l"ns I
oohgsuon Of the Company existed tba, !, could NOT
ly meet. "i"' cou'o not prompt
ne nad also been requested TO give ,be roo.or ,,b,
He madison company had refused 10 ,... a. e. -.
Oh the Jehersonvlle Company between Fdinh, 81
onhapohs thus rendering it Necessary a. ,ho IS
at company syerred, to build comns,D,, ro.J 49,.
'n0se TWO Pomts Ills answer was tia, be baa nod no
ocn or ne mad not had opportunity If don 40
az io''oa proposition to run the engines
" ""' COMPANY on ms road and he must per
:" 'n"' ,esai'or experience had proved that sucb
ou'u ieau 10 conncs and difficulties Last fall an
Management for the transportation of hoe, Co. 'ii al
oesn made IN twenty minutes after the nart;o.
A'uat time freight arrangement was -, "
So ~. 49," ne would like TO consult bis Direc,o ~ ..
ssu,d rs. ould be arranged without diicultv nd no
the Jeersonysls ~ ~ W sach proposition Since that tim,
.,,out mr. had az, lany had not sought any arra,oo
cont, ne the f,.;d, Vai communication excent 70 d.
A. u said he sal, gro., the Shelbyyle road
Co.'s h the sockboss,s in sudng to these mat
gave them accordingly. s" " 'he iacts, ana ne
Mr. b. alknded at soms lsprth ,o
M they are generally esteemed 10 eon'ctng interests
NOT design to b., too sanguine He bss adSon lie alu
divide the business with other aes T expected 70
onopoze if it would for il could not n, road eou, IA
NOT expect the Madisjn to continue its largo -, Int
had elements Of strength that lev roads pose.sed and