Evening star., 1869-09-04

The annual ms citing Of the Stockholders of
Convened at Upper Marlborough, Maryland,
on Wednesday last. 4. Z. Magruder, Esq, pre-
siding, and George w. wilson. Esq, acting as
Secretary. The report of the President Hon.
Ocen Bowie), together with that of Chief En-
gineer Emack, was read and adopted. IL being
sugg sted, says the PriHce GeorgidR, that the
charter required the election OF Directors D
take place where the principal office OF the
Company was located, which at this time he in
Baltimore city, and slso provided that the old
Board should hold over until suppressed d by
new one, no election was gone into, the old
Board being perfectly acceptable to the stock
holders, q large number Of whom were repre-
sented in This meeting in person or by proxy
Hon. Oden Bowie, the President Of the Com
pany, says in his report:
"At the date OF our last report but n;'ie
actual work had been done; the grading on
only five miles lad been commenced nd the
Company was scarcely then IN condition TO
Immediately contract foT any large amount.
Since then much progress has been made with
the work, and many results accomplished
which, until they had been secured, necessari-
ly delayed cur undertaking. Thus, our
entrance into the city Of Washington, depend
ing upon the consent OF Congress, and into
Baltimore upen that OF her City Councils, we
were delayed IN the location of our route IN and
adjacent TO those cities until we could desIg-
nate satisfactory TO their authorities. In bota
Congress and the Councils OF Baltimore we
We're confronted with a determined and for
mIdable opposition-the same which has here
tofore opposed us at every step; and, IN addi-
ton, In Baltimore we had to overcome the
strong and influential antagonism Of the prop
erty holders along the line, who objected TO the
road being located near their premises. But
the Mayor and CouncIlmen, legislatlng for the
general good, and foreseeing the immense adj
yantages to accrue to their great and beautiful
city from this road, which would pour into
her lap the wealth of Southern rrsde aud
travel, wisely passed the ordinance author
izing us to tunnel through their streets from
our point OF entrance into the city to our gen.
eTal depot.
The idea OF this tunnel had not suggested IL
self al our last annual meeting. and although
lts construction will involve an immense out
lay OF money, yet we doubt not that the
interests Of the road VIII be advanced, and the
Company fully reimbursed for the expenditure,
by its enabling us to make rapid and close con-
nections by steam, and without change of cars.
The popular ciamor in Balumore against the
rails already down upon the grade OF her
streets is such that the Council have required
certain of them 10 he taken up, and WILL In
time, all others. In anticipation of this, tbs
acute, and intelligent managers of the Balti-
more and Ohio Railroad are looking to their
northern and eastern connections, by way OF
ferry at Locust Point, Instead OF by horses,
at present, through Pratt street. Ii is the only
way by which their connections can be made,
and although the tunnel Will probably he more
expensive 10 us than the ferries and boatage 10
them, yet the delay and inconvenience TO travel
by their line will be much greater Than by
ours, and give US vast advantage over them
IN the through travel The convenience of our
locat travel has been provided for by locating
our main depot upon one OF the wldest and
handsomest streets in Baltimore, at which
point the City Railway will deliver passengers,
and by having several local stations M our
passage through and around the city, at each
OF which our trains will receive and deliver
passengers instead Of requiring them, as they
are row, TO 60 from all parts of the city TO but
one point. and that not Immediately adjacent
10 the City Railways. In Washington, also,
cur depot " all be nearer 10 the business sud
resident heart Of the city, and other facilities
are in contemplation for both local and
Another good result has been Accomplished
in the appropriation TO our road by the Com
m'seioneIs OF Charles county OF the sl75OO 90
which fheir county is entitled, under the state
Constitution. tor the ald of internal improve
ments within her county limits. Their policy
o, so approprlatlng ~ was alluded TO IN
our last report, and the President OF tnis com
pany shoTuy alter opened q correspondence
with them looking to its investment in the
BaltImore and Potomac road within the limits
ofCharles county. This met with much op-
position from the friends of the projected
Southern Maryland road. and led 10 several
county meetings being called, the deliberations
OF which and the action of the Commissioners
resulting in our obtaining the fund. The
proper papers have been prepared and will be
signed by the President OF this company, and
by the Commissioners, requiring the money TO
be expended in the construction or the road
from the Charles county line to the Potomac
river, and the work will be shortly Commenced
and rapidly pushed to completion. The only
reason why IL has not been begun ere this ia
that as yet we have not satisfactorily arranged
for our connection with Southern roads At and
beyond The Potomac river, and until these con.
nections are finally determined upon we can.
not decisIyely locate our line through Charles
county. This will be attended TO and defer.
mined upon without unavoidab BILE delay.
By the report OF the Engineer, herewith sub.
mitted, 1t will be seen that the grading on the
main stem from the Patapsco river, near BaIti.
more, to the town OF Upper MARLBOROUGH a
distance Of thirty miles, and on the Washing.
ION branch, from the junction 10 the District OF
nf nh
miles. is nearly completed, some Of The sections
being entirely finished ald received by the
company. Other sections would have been
completed but for the delay which has been oc-
casloned to the contractors by the legal obstruc-
tons and difficulties interposed by property
holders, who were dissatisfied with the award
Of the Juries OF condemnation, or the terms
which they themselves had proposed In
functions have been gotten out In several cases
which have necessltated several Of our best
contractors to entirely stop all work, OCCASION
ing them TO disband their gangs ef hands 10
keep their horses idle al heavy cost, and 20 in
cur other severe expenses. THIS should MOI
bave been and in no case, 1t can safely be said,
was IL the Iault OF tue company.
When the capitalists Eno furnished the
largest means TO build the road We're iudncea
TO so invest their capital, they hal the assur-
ance and every reason 10 believe thst the right
OF way would be secured At ! very moderate
cost-that the people who Were 10 oe SO i'm
mensely benefitedlby the road would have the
liberality TO either donate their land for right
Of way or dispose Oft a. its actual value, and
the enlightenment not TO impair their own in.
terest by impeding the progress of the work
To the credit OF tine people OF Prince Georges
county especially, IL can be said that ID IS has
generally been the case. Much Of the riget of
way has been freely donated, and very rarely
have any excessive damages been asked.
Strange TO say, the very cases where legal aud
other impediments have been interposed have
been those where the Company had either
agreed TO pay most literally the high prices
asked, or had accepted the excessive rates
awarded by the jurtes rather than have delay
and the annoyance Of court proceedings. + nd.
ing that our liberaIity was thus abused, we
have determined no longer to submit TO these
unjust and excessive demands, and these and
similar cases have been, or will be, perforce
submitted to the arbitrament of the courts.
These delays above Marlborough have pre.
vented the location Of the line below the town.
a. our engineers, agents and attorneys have
had their every moment occupied with them.
They being happily disposed Of me proeress
Of the work below win immediately occupy
our attention. Here. too, whilst many Of The
laudholdeSs have met us In liberal. lust and
enlightened spirit, others who are most abe 10
aid In building the road, and most 70 be bene.
ntted BY II, are most extortionate in their de-.
nands and most ootuse 70 their own interests
With our experience on the road above, We
have tound 1t necessary to secure, in advances
OF operauons below MaYlborough, the right of
way IN all cases. Accordingly an agent Of the
company Will Be sent with agreements 70 be
signed by persons through whose proporty the
route runs, and in such cases WHARF terms mu.
ries OF condemnation viii BE i1medjately sun.
moned. Repeating the languaee Of our hst
report. a9reas public interests and rights
shuuld uot in any case be alloved. oaa a fkss