Smyrna times., 1870-01-19
Railroads..

We give below the following reports of tbe
annual meetings of the railroads named
me PhltddeLphtd, Wilmington and B0lt;;,nor,
ln919TooQ,s-Ihe annual meeting of the stock.
noaers 3 1i OF the Philadelphia, Wilmington and
companys office, Wilmington, on Tnesdav ot
ed; "eie eiec''
Isaac Hinckley, President, Wilmington 8
NJ: FELTON,, Penna, VIM Sellers and Samuel
Welch Philadelphia Jesse Lane, .JosenL
BHtlnghurSt and Samuel Harlan, Wilmington
Thomas helso, Enoch Pratt, Thomas Donald,
son; Thomas Whiteside, and s. NJ Shoemak-
er Baltimore Jacob Tome, Port Deposit, and
" Thayer and, Edward Austin Boston. . -,
The report of the Board of Directors for tho
year ending October 81. 1869, shows the recepts
9t the Philadelphia, Wilmington and Baltimore
Railroad to have been 50, sos, 302 81, and of the
New Castle aud Frenchtown Road to have been
81, 1876 81, making total for both roads OF
~, 643, 1892. The expenditures of the Phila-
delphla, Wilmington and Baltimore were 81 =.
SOl 1881 So, and Of the New Cast e and French
town S44, l92 5S, making a total expenditure
for both roads of 81 ,846, TIA 46, leaving a hal
ance of 1896 964 46, to which is added the gain
from the Delaware Road, $8,742 As, MAKING
the net earnings for the year $SO5, 7O6. 9l
Out of these earning two dividends of four per
cent each were paid amounting to SIG, ISL
So
The passenger receipts were over 4 per cent
larger than those of 1868, and the receipts for
freight, express, &c, over II per cent. larger.
The gross earnings from all sources were over
per cent. greater than in 1868, and the ope-
rating expenses were over l3 per cent. larger.
The increase in the operating expenses is Who'll
~ due to repairs, and but for this would have
been smaller than in the previous year.
| The pr0SDectS of the Delaware railrood oon
tInue to improve. During the year the Dor.
chester and Delaware railroad, which extends
from SeatOrd, on the Delaware railroad, to
Cambridge, Maryland, a distance of thirtv-two
miles, was finished. The Maryland and Della.
ware railroad was opened to Easton, distance
OF forty four miles from its connection with the
Delaware railroad, at Clayton. The Queen
Anne and Kent railroad and the Kent County
railroad were each finished to points about ten
miles distant from the western end of the
Townsend branch of the Delaware railroad. the
former southwardIy towards Centreville, Mary
land, and the latter westwardly towards Ches-
tertOwn, Maryland. The Junction and break.
water railroad, which connects with the Della
Ware railroad at Harrington has been extend
ed to l.ewes, and is now forty miles in length.
Most or the penlnSuar railroads are furnished
with their car equipment from this company.
and, IN several cases, it has been deemed iudi.
S'ONo W ouOlu encouragement 10 Jletn Dy tenn
porary drawbacks upon the business which
they do in connection with roads operated by
this company
DetntCdre Rd7road- The annual meeting
OF Stock holders of the Delaware Railroad Com
pany was held in Dover on Thursday last The
only business transacted was the election of
Directors, viz: Samuel NJ FELTON,, Isaac
Hlnckley, Joseph Bringhurst, Jesse Sharpe,
Z. Warner, Tin place of G. |. du Pont, decd. J,
AOHrpW y II N
Jump, Alex. johnson, H. B. Fiddeman. Jacob
Moore, VIM. H. Ross, and Charles Wright
James f. Al'ee was reelected Treasurer Af-
ter the stockholders meeting had adjourned.
the Directors met and elected Saml. VI. FELTON,
President and j f. Alice Secretary.
An abstract Of the report shows the follow
ing result as compared with the year 1868:
EARNINGs-lS68.
From passengers, $I49, 1886. %
:, freight and express, 1877, ,3l4 80
mails ana miscellaneous, 1869. 81
TOtal' 1854, ,270O5
From passengers, 1927, ,573 92
:. Ireight ana express, 294, GAL 80
mails anu miscellaneous, l0,23O 62
Total, s432, 746 50
EXPENsEs-lS6S.
Operating expenses, $292, 1928 Al
Interest ahd dividends, l02, 567.09
Total, 1894, 1885, so
Deduct earnings, 354, go O5
Loss to the Company for 1868, s4O,625 AZ
EXPENsES-lS69
Operating expenses, interest and div
idcnds, S3q7. .776 IA
Earnings over expenses, 81. .969 70
Loss for 1868, 40 sos AZ
Increase for 1869, ~ 595 "a
William NJ Jester, were appointed a commit
tee to audit the accounts of the Treasurer
Subsequently dinner was served in Mrs |
stuart best style, and duly enjoyed by the |
participants.
J. Il b. Railroad The annual meeting of
the stock holders of the j. d B. r. r. Co, was
held at tn Hotel of Justice LOwery, Milford |
Del, on Monday, Jan. 10th. 1870, at II o clock
+. NJ The following persons were declared |
oy the President DIRECTORS for the ensuing
year, namely: Hon. j. W. Houston, Chas.
T. Stockley, Benjamin Burton, p. F. Causey,
Dr., Jonathan b. McConauGhy, Fl. Hickman,
y. ,. Gibbons, ). Sinclair aud J. Il. Hoole.
Judge Houston was reelected President A
summary statement Of the receipts and expen-
ses OF operating the road during the year end
ing Oct, 81, 1869, was as follows:
T T'oss TDecelptS, S3l, 1850
From Passengers, $l4,7538S
g Freight, l4iiI43
The mail, l,36l.44
wv, Express, l,25I.94
Whilst the total expenses of
~, operating the road was %, 406. 66
The number of passengers, l5.329
-----%S~%
PASSING CoUNTERFEIT MONEY Tbur0-
day morning last Mr.. j. N. Wine, tobacconist.
OF Middetown, came before Esquire Mariner
ot this town, and caused writ to be issned
i9E Mr.. Patrick Mellon, restaurant keeper of
henton, for passing counterfeit $50 note
upon ham ON the Tuesday previous. Mr.. Mel
lon was arraigned and at onoa ofTouaJ -.