Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1870-11-24
ALEXANDRIA, VA.
THURSDAY, NOVEMBER "a, 1870.
ORANGE, ALEXA. L. MANASSAS r. &. co.
General Annual Meeting Of the Stock
s. holders.

AOluGrSs
4 Pursuant to adjournment, the Stockholders
re- assembled at o'clock p m. at Harmonic
Hall, when c. NJ. Blacktord, Chairman of the
Committee on Proxies, reported the total
amount Of stock represented by proxies to be
1882 shares or 3,7S5 votes. The total num-
Der Of shares of stock 10 the Company is 52,
295 represented by vote OF l6,4Sl.
ya Largely over quorum of tho stock being
lrepresented, Mr.. Barbour, President Of the
Company, proceeded to read the report OF the
Directory as follows:
.,. REPORT OF THE PRESIDENT.
To the Stockholders of the Orange, Ateran-
,lr5n d; Manassas Railroad Company:
. The following report is submitted IS pre-.
seribed by law, and the spccia! regulations OF
the company. ~
In consequence of order No. 23S, issued BY
Gen, Candy, commaIdant OF the military dis
triot then embracing the State CT Virginia,
which directed that all elections for President,
Directors or other officers by this company
should be postponed until tho constitution
ratified by the people of the State OF Virginia
on the 9th July, 1869 had been approved by
Congress, and the government organlzed there,
uuder duly inaugurated, and Tor thirty days
thereafter unless the Legislature should other
wise direct, the usual annual meeting Tor the
wear ending 30thSept. lS69was not convened. 1t
WAS not deemed advisable at the time to bring the
stockholders together in regular meeting unless
the usual business could be dispatched, and the
organization of officers provided for the ensu-
inc wear, 1t was expected also that Congress
would act promptly upon the question OF ad
hitting the State under existing legislation,
when the meeting could have been held with
out much material delay. Congress, however,
did not pass the expected bill uuli the latter
part of December, and the State legislature
met in January OF the present year. Shortly
after the meeting OF theLegisature a;:1 rcorsan.
ization of the Board of Public Works, the
board Of Directors on part OF the Company
adopted a resolution notifying The latte: body
of their readiness % unite 10 calling meeting
of stockholders to elect officers Sc. This rc*o,
luton was duly communicated to the Beard Q!
Public Works, but without cicltiDg any ar'loa
on the subject from that body. Although lvr
tho reasons above presented the olnca! report
to the stockholders was not suhMitte4 last Year,
IL is proper to state that tile special anuua.
report of the operations Of the company re
auired by Law to be made annually to the Board
of Public Works was duly sent IN, and n semi
official statement published in the newspapers
for the information Of the stock ho'ders. In
the present exhibit Of the affairs Of the com
nanv and operations III the road il viii he ue
eesssry to present a summary OF the tw0 last
wears results in order that the record la,y at.
ford continuous narrative !rGI The date OF toe
last report to the stockholders 10 1868, to the
end OF the past fiscal year which ended Sept.
30th 1870.
Revenue.
Under this head it has been usual heretofore
in the Annual statements 10 present tAe receipts
derived from transpotatlou, AID ths EXPENSES
incurred of working the road, Inskiug the ba-
anaa to constitute turd when realized Of net
revenue applicable to payment 81 the interest
account, or other outstanding indebtedness OF
the COMPANY, &c. Che official data exhibit the
following results ioE the lwo years preceding
the 30th OF September last, VIZ:
Total receipts OF transportation Ter
year ending goth Sept. 1868, ......... S2!9 ~
Expenses for ssne period, oll,Ieo ~
Ne. revenue OF 1859. .... ........ s4O7.836 d
Total receipts OF transportation Tor 49,, ~
wear ending 3O:h Sept. le70.......".S9SH,S!3 ~
Expenses for same period, ........... ooo'VC" '4
Net revenue of 1870. Ss52, 6I6 G1
II will be observed that while the gross re-
ceipts of 1870, have exceeded those OF 1869 ny
tbe sum of 2O,557.42, the net revenue tor
1869, is in excess Of that earned IN 1870 py
,be sum of S47, 659S2. This increase OF cx'
penses for the past year is not attributable to
hipher rates OF expenditure for similar service
in operating the road, but may be properly re.
ferred to the extraordinary amount OF repairs
incurred 10 maintaining track and laying down
larger quantity than usual OF new rails suppl.
ed in any one year heretofore, maintenance OF
the additional equipment provided IN 1869 to
meet increased business OF the road, as we'll as
ofthe additional line Of railway brought into
reouisition and use by completion OF the road
to Harrisonburg, which had only been opcncd
Tor a part ct the fiscal year 1869. Hr :. com
parison of the returns of the two years past 1t
will be seen that there has been Slight decline
in receipts FROM passengers, tho most profitable
GLASS of transportation, while the receipts from
freight have been largely in excess ter 1870.
against similar returns for 1869. The outlay
Incurred, In cnlarging and improving tho condl-
ton of the roadway aud equipment as above,
will bring corresponding profits 81 tue trade
and business OF the community continues TO
expand, and give to the line larger supply oil
travel and tonnage.
o.. '' Transportation Department.
For full information IN regard to the opera.
lions of the road, condition of the equipment,
amount of tonnage and number OF passengers
transported each way, through and local, cost
and amount OF repairs, &c, reference is made to
the special report herewith submitted OF the
General Superintendent, H. w. Vandegrlft,
ESQ.
The company has proprietorship Of two bun
dred and sixty nino mites of road, including
main line and branches, but provides equip
ment and runs its through trains by contract
over the lines of two other railways between
Washington and Alexandria, and Gordous
willie and Charlottesville. making an aggregate
of three hundred and one miles of railroad op.
Grated. The whole line OF road has been kept
in good order aud its permanent value main
tanned and improved by large OUTLAWS for re-
p,irs and new work New rails to the extent
OF eight hundred and forty tons have been put
down withiu the past year, equivalent TO Jay.
ing ten miles of continuous track and several
hridaas renamed or ranaired at various points