The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-05-07
CITY INTELLIGENCE.
FOR ADDITIONAL LOCAL ITEMS SEE THIRD PAGE


MEETING OF THE LEH1GH Coal AND NAVIGATION
CoMPANY.-The annual meeting of the stock
holders of the Lehigh Coal and Navigation
Company was held this morning at half-past 10
O'clock at the Board of Trade Rooms
The meeting was called to order by Mr.. j. 8.
Cox, President who moved that Mr.. Caleb Cope
liam Mitchell was named as Secretary of the
meeting, the Secretary being aDSent, ana
possession. The report was read and laid
aside temporarily, and the minutes of the
last meeting were then read and approved:
The adoption of the report OF the Board OF
Managers was then taken up and read.
on motion the meeting adjourned, and pro
ceeded to the election of Officers. when the tol-
lowing gentlemen were duly elected
President-James 5. COX.
Managers-John Farnum, Richard Richard
SON Jacob p Jones. Francis O. Yarnall, Samuel
E. Stokes, Francis r. Cope, Frederick tIraH'
Fisher Hazard, Charles j.. Borie, charles Whee-
The annual report showed the following facts
in relation to the operations of the Company
The total amount of coal carried on the Canal In
the business of 1865. The total amount OF az
cent. The production of coal from the Companys
mines was 1850 Raiiroad IeRsi he going sotS Ways Was
642 900 tons against $4,000 In 1869 an increase OF ~
The road from White Haven to Penn Haven is now
in operation, and locomotives run IF
Wilkesbarre to the head OF naVlgaIlon ulsIahce Vi
of previous years. would probably be deemed salts
factory nevertheless considering me reGuGeo @ yass
VI "a tha eScessvelv low pr ces az which coal was sold
during the latter part OF the season anu ALSO oS Us NJ
that Notwithstanding the great progress made IN the
construction Of the new railroads tne oniy M poGIors p5
in operation during the year were from WlkesphVIe
10 White Haven and the SIX miles IolH Iehh maven
20 the head of navigation.
The profits were as follows a. z5o.-e
From water and ground-Tents..,..''"''' S9',99ao
Trom sales of town r. iSs9C
From tolls on navigation. oio'SOSfo
grop1 tolls and transportation on IheLSnhlSh
and Susauehanna, and Nantcoke Rail -, o,o.,,.
roaos and OF aa 'SSo ~ -
From From SeawSre DIVISION CanSi soo276a
~, ..........t u ,Oso Sl445
Alter paving interest," repairs, ana expenses anu
st.te ami United States taxes Tor the year tne neL
srninrs were S6lS 225ss equal TO over ten ana ma
per cent the capital STOCK as IL s'oou Nv ~ '0 VI
the from the net profits Of the year the
two dividends of five per cent eaen ceal VI On,su
states and State taxes. declared IN Mhy auu stoSii
ber there remains surplus lot the yea yea 81 a. oss ~
and total balance TO the credit OF pron anu iosS VI
,Se Ist OF January 1867 the sum total OF the
,ynnsnv's abilities including capital STOCK, Ishueo
debt and pecuniary oohgAuons oi e'eiS A'"N' wa"
~ M isved that the extension Of the Lehigh and
snansnanna Railroad may De hnshed 70 the g Dsla-
ra liver before the close OF this year InG @ n
is nearly hnished ana & dor hges across the Lehig
~ hason, are 70 pc ~ an
9he road below Mauch Chunk ls 10 De lalu WIN o0e
ras' proposed to merge the Hanticoke HailIoao I
nsbv into the Lehlgh Coal ana NAyga5slon ii SOin
pSny which owns most OF & tnS oST twenty five mile
nYroad laid extending from near PlIlS'oh INV Ns"
port tssv have aided in the consts ION Of TN
attpoad OF the Union Coal Compfg - ILOxieen0 aD,
md scranton, and are 70 run -, ,.est -
freight trains over 10 anl coe , a1Sh and Iacka
s pailroad from Bethlehem 70 ShAP aa ~ tou'
esn miles and have taken lease Oh " tb O y S1nsn,
Before che next annual @ee"Hs' 'N' N'F-'