The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-02-27
yua;ue Centra, R,ilroad.

Line annual meeGlng OF tne STOCKHOLDERS OF
the Maine Central Railroad Company was
held at Waterville "Wednesday, February 18th.
The reports of the Directors Treasurer and
Superintendent were presented and accepted.
From these reports we gather that for the
year 1867 the receipts of the road were $685.
S69.S7 for 163931 passengers and $237 ,72282 for
| freight. For express mails &C., the sum of
| 2452301. The total receipts were S531, 105.70.
| Expenses, $35O,66S.36. Net earnings. $18o,437.-
| 81. There was falling off in the earnings of
| $21 ,42S11 as compared with the previous year,
| and an increase of 1874 ~ in the expenses,
| over the previous year. The expenses have
been increased in renewals and repairs of the
| track, engines and cars, which have been larg-
| err this year than usual.
The track throughout the entire length of
| the line is in good order. m sfa iaz
| A loan o $4,000 was made to the European
| & North American Company in order that the
| construction of that road from Bangor might
| be commenced. This loan is secured by. Mr..
| Jewett, President of that company.
An agreement has been made with the
Newport & Dexter Railroad Company to
lease that road IA miles in length when com
pleted. st tat l1
An agreement has also been entered into by
the Directors, subject to the approval of the
stockholders, to lease the Somerset road when
completed, and to run it for a term of Years.
This road will be about thirty miles long, run
ming from Waterville to Scion.
The trains have been RIM regularly and
without any considerable delay, and no acct
dent has occurred resulting in the injury of
any passengers or any serious destruction of
property.
A brakeman upon freight train was killed
near West Waterville in August last by neg
lectlhS TO stoop while passing under bridge.
Inc iunaea oeDt Oh the company IS S2,534,-
1zo' Oh whlen Slf9,ooo Is payable IN capital
STOCK. Inc amount OF STOCK already issued
is Sl'ooo,zoo.
Inc directors recommend that the road,
rolling stock and other property OF the COM
pany be maintained IN Its present efficlent
condition.
The meeting was very largely attended.
There had been considerable interest aroused
an,ono the Stockholders in refaranea 70 tho
5 ~ 90 oo w 'ho
management of the railroad, and a rumOred
o,+o,,,,,t 20 obo,,,o +lo poo,d Sc rl;o.
''Se"P' W onahse 'ne o'aiu Vi directors.
Mr. Little, q member OF the Board hereto
foro rooon,lu daoaoead. Mr. Emar,, of p..
~ io'0'iJ 1850 - Vi oos'oh
had ceased to be stakeholder, and Mr.. Palmer
of portland dacj;nad a realization
vi VI ''fno uo'iiiieU . is
The City Council of Bangor has for the
nrasan+ tba rioIt 10 elaot ono ,nan,hor ,f ~
PiN'e.i' o''' AiSiV w 49, ''e AHe'i'oi Vi 'iie
Board, and they made choice of Joab w.
Palmer of that citv
Reuben Is. Dunn OF w aterville, Francis A
Hill of Exeter. and Josiah n. Drummond of
- - -A0'o' anu oosl'n - ~ uniiionu Vi
Portland, OF the old Board, and George l..
Word Of Ton;s,o, Ior;s p;oo ~ DtJ,
-" 'io Vi ie"ls'on' He"is Iierce Vi roftland,
and Joel Grav of Roston were unapimouslv
elected Directors 1884 votes being cast.
Several plans for the payment extension or
renewal of the bonds, soon to become due