New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-06-06
NEW-JERSEY RAILROAD AND TRANSPORTA-
TON COMPANY-ANNUAL MEETING.

The annual meeting of the stockholders of this Com
rany held at the City Hotel, Newark at - o'clock
NJ yesterday. r. W. STILES of Morrisown, was elected
Chairman, and JOIN KEAN of Union and H. j. SOUTH
MAYD of Jersey City, Secretaries.
The annual report of the Company was then read by
the Vice-Presdent JoHs p. JACKSON, Esq. 1t notices
the continued exemption from accident person having
been injured in the though the number OF passengers
carried since the opening of the road has exceeded fifteen
millions After brief review OF some general matters 1t
passes rccaptuatiop of the proceedings OF the year
In order 10 enlarge the accommodations at Jersey City, 1t
became necessary buy the Ferry Company all other
negotiations to secure the objects desired having failed
The rights stock &c. of that Company were therefore
pure hased for sis5COO, bonds OF the Railroad company
being given for this amount for ten years. at per cent
Under this arrangement the entire transfer has been ade
and the Board of Directors congratulate the stockholders
on having thus secured the highly important ferry rights
aluaLe nropertv and exclusive privileges of the Ferry
Comuanv The latter have been confirmed by several au
thoritave decisions of the State aud L. 3 Couu seven
separate slips are be provided in front OF NJ ocks OF
reclaimed lands which with facilities on the view iork
side, will enable trips to he made almost conlay, iu
nshing capacity for business equal TO several ferries
In December last the Erie Rairosi trains commenced
cunning through the Bergen cut six feet gauge pro-
vded by an extra rail- and though accidents and IN
tsrruptics at occurred, for several months none nave
taken place. under the arrangements adopted NO once
ton exists to extending the extra rail TO EAabethtowh 10
meet the proposed six feet gauge of the Central Railroad
which is intended connect with the Pennsylvania SIX
feet roads ,..,. ~.
route through Bergen have been made, and the I'M
movement estimated at $500 900. The work will re-
ceive attention when other Improvements more heccar!
The CONSTRUCTION of the bridge connect with the Nor
ris and Essex Railroad Is progressing 'noush IL h" o
somewhat embarrassed . =.
The Directors have given favorable encouragement 10
several roads and desire more full ana distinct
TO aid such important 10 me PIoPel .nu an
ta interest of the community and calculated 10 secuIe a
increase of business and protection to the Newersey ha
road. oa ,,,o, >, kaen
from
have been added and twelve OF superior style are
nearly ready for delivery. IL Is intended 10 Id! uo"e
track this season at least as far as Railway.
The gross receipts OF last were o34 81
aao 56 80 the ratio expenses being 40 per cent against
80 receipts and s2s76s2 a. expenses ih
ing wear being ratio of is per cent Inc surplus .o Ia
ines carried 10 profit and loss JAN were sls%o o
ngsinst $50 35s 81 the previous yesr
The whole number Of pa,selssT s, number Of miles
rnp Nv lie trains 329 s0l. The year preceding inc pas
sengeis were 5s2 O70 freight, i65et tuns' h"s run"
$50 isQ. A. ia
was paid for tax and transit duties last year Inc eA
penses OF the various improvements reiesu 10 ,h
ctholders in proporon TO the shares held by them ON
the goth of June, share being gwen 10 houei Va
shares and so on at this ratio. The Board te
distribution OF the surplus earnings ID shares Q,
r,.eutpg IT, the stockholders at the rate OF one r
for TO- BY adopting this course the surplus IS 10
the prosecution of improvements on the ROAD anu eI!
and tbe stockholders will receive dividends hereafter
1oniyaen 10 larger per cen.ae on their present o.h.
MI. pocy is recommended as preferable 10 nereas e
cash dividends and withholding improvements .A
m following gentlemen elected Directors ior tho
ensuing wear: Stephen Whitney J. Phillips fhehi9'
Henry X. Rensen Hamilton Fish, Dudley ; eregor!'''
:. Darcy John 7. Jackson Adam Lee, John Acken'
Cal J. W. Scott, the Hon. ID. b. Ryall, Samuel Meeker
nd + 4 Chetwood were appointed COMMITTEE on IN. 6
T, % whom also a petition from Bellevue IN iavoI u
having The Belleville Railroad run 70 Newark on ~ "'
ern side of the Passaie was referred. A., Annual Rs
The Committee 10 whom was re'eIIeu ' 80. %nm,.nx
~, 30 rsnorted that the manage meat OF the ooIpany
Was satisfactory and recommended 'ns the "ep0''
proved ,.., os Vim. Pennington Thos. A.
us+wen J. j. Chewood Martin kyerson anu m', Ia
w s,;les WAS appointed assist the Drec'ors " 'e'''
,ncs 70 subscription to branch roads .,o..bolssrs
A. O'clock he officers Of the Company, ,o,hsr
and their guests numbering about ao persons psSnnr
SAT down 10 an excellent dinner. E1tovsrno we're
ton nys.;seS When the cloth removed
made by the Chairman, Col Scott o. pTssdsnt Of the
Ccmnnny j. p Jackson Vice President " ~ uV com
Asa Whitehead and Others At about c,1en WV
nsny dispersed, highly grat6ed with the oee"''0"
COLUMBIA COLLEGE SENATE COMMITTEES.
The Committee did not sit yesterday ssooro'ns "
A.