New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-06-05
ANNUAL MEETING or THE NEW-JER
SET RAILROAD COMPANY.

The Twenty-fffh Annual Meeting of the stockhod-
els Of the New-Jersey Railroad and Transportation
Company held in the Mansion House in Railway
yesterday This railroad extends from jersey City to
New brunswick. The meeting convened soon after
II O'Clock. Col. J. w. ScOTT ofNew Brunswick was
President of the meeting DR. John b. Johns of Morris
County and Daniel b. Rya Of Monmouth County,
lict -Presidents; and john Mean and III. D. South
mayd, Secretaries.
The Annual Report # the Directors was presented
by John p. Jackson Vice President and Superlntend-
et giving the transactions of the Company during the
year 1896. 1t gratefully recognizes the continued
pft servH;On from casualties to passengers Up to this
time nearly - 0GO eco passengers have been conveyed
over this road without injury TO life or limb.
The gross receipts Of the last year S9lOt3 oil,
the receipts were S5,ii 5li 30, and the expenses
s2tO7C677. The amount Of surplus earnings car
red TO profit aud loss, after paying two seniaunaa
dividend, of ; per cent each, is 49,. 2j1 81. For
1854. it was SIS, $50 90 The of the surplus
fund after paving 81 200 for laying track last
year is $l9G 500 80. The number of passengers car
IieG last year not including commuters was 22'S93,
ard the amount of merchardse 6S,6>o tuns, against
2l6i,47l passengers and tiOl9 tuns Of freight the
year before.
The number of miles run last year was 4O' 90, and
the running ratio OF expenses 9e1 cents per mile The
tax ard transit duties paid the State Tor 1870 Is s55
js IS; beside which the State has received dividends
amounting 10 81 ,7ij 10 per cent. on the stock OF
this Company included among the securities for the
School Find The Treasurer return Tor the INST four
II optls of 1857 shows an increase OF 81 80 - over
The same period last year. The current expenses OF
the present year thus Tar signify less IMAM last
year.
has been ascetaIed by several tests The result ex'
hbs their comparative cost estimating coal at 80 per
inn and wood al 80 per cord to be 1864 per mile Tor
coal and II. II for wOOd-an excess oil JO per cent
ioT wood over coal
The cost of loading, unloading and Transporting
freight has been % per cent on TIE amount IeceNeu'
including losses aud damages. -
The large quantity Of lands purchased at different
points on the road heretofore has proved to be good
investment, and they are now worth, independent OF
the rght Of way much a. the OilSnai Cost VI INC
road and rOed-bed.
The extensive improvements at jersey City are pro-
gressirg u, rapidly the nature O tne SOL VII per-
nit. This Company owns go feet OF saore 'front.' IN
Jersey Civ and $50 feet on the New-fOrk side, al
The fot II Courtlandt Liberty aud Cedar streets, be-
eide having perpetua lease of 80 feet now used Tor
the rry AZ the foot Of Courtand street which affords
NOT ample space for eBlargDg their operations.
The renort was received, ard resolutions adopted
warmly approving of the policy ana mana semeHt OF
eI.,iin lar Dir cturs OF the l0UO shares ot stock.
40 is2 were esented by vote, ana the result "ts
the unanimous reelection OF the old BOafdot Drecios
they sr- follows: Sephsn " h'Hey, H4ii l
Fi.b Henry L. Rrn.~cn, Dudley ;. Grvg"ry, John ).
Darcy. John 7. JACK on \. o. Aaor'kio Jonh D.
Cheiwo,d, ard John :, KEEL.
Tie hboders and guests II tn" number OK aOou'
- inc.u0ine members oil the Common C"uncis OF
Jersy City Newark, Ehzaoeth, hanTay "ug H'~,
e,r,n m ii bouuiiful collation. had been prepared by
Dir. De Ciraw Of the Mansion House TO which ample
in .tiC- was done The SEINE officers presided as al
tie meeiiig.
Dinner over, speeches were maze py IOl. 81 IT.
COLI Nj Hart Of New-York, G v. Mitchell OF
5. nth Car r Mr. Thomson Of tn. y: = PaZy
hor. AID. Tiden Of Jersey City, j. w woodruff M
Superintendent Mr. yroom o. NewbIu1swieH MY;
Chetvood Of Elizabeth, Aid. Sherman Of Trenton ana
III RcJcrrs Of Railway. The Company was con-
aratuseG on tbi. its verweddng day upon it, pros;
perity and At about o'clock the company separated
with every evidence Of great satisfaction.