The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-02-21

come here as a citizen OF the CITY of Phlladelphia
that has subscribed Eve millions TO the stock OF this
road? tell him that she has been pai0 back amply
Does be come here as an owner OF property Iteil
MIN that this road has quadrupled that property In
value and has more than doubled the number OF
our citizens Twenty four years ago this road
was Guilt between this city and Ptsburg, 250 miles
ID length but since that time its influence has Sc
cured more than 5000 miles of road tributary TO the
CITY OF Philadelphia. (Applause) And these stock
holders are to-day favored with the knowledge that
view Of this fact Mr. Hume had tSe n1 e
10 STAND up here and say the ''poor stockholders'
Heaven shower upon my head such poverty "a thIs
The resolutions OF Mr. Hulme are simply resolutions
In closing Mr.. Cuyler moved to lay the resou-
tons OF Mr.. Hulme on the table.
Mr.. j. w. Derhyshire MIR. Chairman, as the gen.
teman has no stock I'm this company he is NOT pryi
legtd to offer the resolution.
Mayor Fox-As the gentleman (Mr. Hulme) stated.
ne nad STOCK in concern controlled by this COM
pany deem, he has right here
MT Hulme-I am no orator, and therefore am
unable to cope with my learned friend in buncomhe
But he asks, why am here?' My right here is
stronger than his own, for whereas own stock, he
Is ony paid attorney by this road, and therefore
might well say he has no right TO mingle in this
affair or discussion. 1 have been for 10 years
my figures, but say that the figures OF tue report
are false. / do not come TO such respectable
that am crazy on fast express trains in my belief
that they are the parasites OF the company. But 1
Mr.. John N. Kennedy said THE matter or ex
press trains do not propose to discuss, but want
10 be Understood as affirming my deliberate convic-
originally to resort to them has continued and does
exist 10 the present time, and that its results have
been highly profitable to the interests OF the public
and to the company also; and am not yet prepared
to admit that the time has vet arrived when
this company may advantageously abandon that
policy though that the time is coming when IL
viii be necessary so to do l can readily perceive.
H. as Mr. Hume desired, mtnutely detailed state
ment OF the affairs OF the company was prepared.
he himself could not understand t. DO you think,
-0T nd IN PoH
road-to get an insight to the workings OF this roadS
(Responses Of "Nol" "No!0
MIR. Hulme-What are you afraid OF :?
TDe Mayor then put 1.-THE motion to lay the reso-
lutions ofleredby Mr.. Hume on the table, and this
was almost unanimously agreed to.
Mr.. Joseph Jones offered this resolution
Besolred, That the transfer OF the securities OF the
this company, to the Pennsylvania Railroad Bureau
be deferred until the stockholders Of the Pittsburg,
Cincinnati and St. Louis Railway Company have
had an opportunity to express their sentiments In
relation to the said transfer.
Mr. Cliff, OF New York, stockholder, asked iu-
formation on these points He heard rumors that
this road was the owner de dcto OF the Union Pacific
Railroad. That it controlled the stock. That there
was combination to absorb all the lines which this
company now controls west Of Pittsburg. And,
further, that the Pennsylvania Railroad Company
was to lease the Camden and Amboy Railroad Com
pany.
Thomas A. Scott, Vice. President OF the company,
arose to reply to these Inquiries First, he said the
Railroad has no interest in the Union
Pacific Railroad Second, that the extensions of the
Pennsylvania Railroad Company now are limited
as leading from these centres, others forming con-
nection with New Orleans, and lines to the Pacific
coast Is there any other inquiry?
MI. Clif-Yes; regarding the Camden and AM
boy Company
Mr.. Scott-Oh that is such small matter that
overlooked IT, Well there are pending negotiations
for the lease of that road which we think Will be
highly beneficial to this company.
Mr. Hazlehurst's resolutions were then adopted
without dissenting voice.
MI Jones resolution; on motion or A: J. Derby
resolution OF thanks to the Mayor for the able
manner in which he fulfilled the post OF chairman
was passed.
The meeting then adjourned.