Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-01-27
WOrceIter and Nashua Railroad Conn
pany-AmnuaI Meeting,

pany-AnnuaI Meeting.
The annual meeting OF the stockholders of the
Worcester and Nashua railroad company, was
held in this city yesterday, in the hall over the
office of the corporation, the president, F. H.
Kinnicutt, Esq., in the chair.
There were 1865 shares represented by 81 cor
porators. After the acceptance of the report of
the board of directors for the past year, Samuel
Woodward, Esq, of Worcester, and Gen. Israel
Hunt, of Nashua, were chosen to collect, sort
and count the votes for directors for the year
ensuing, which were reported to be unanimous
for the following gentlemen, being the old board
with the exception that j. Edwin Smith
of Barre, is elected in place of Hon. Alexander
De Witt OF Oxford, who declined reelection
on account of ill health; Francis H. Kinnicutt
and Stephen Salisbury of Worcester, Jacob
Fisher of Lancaster. Thomas Chase of Nashua
Asa F. Lawrence of Grafton, Francis H. Dewey,
and Alexander H. Bullock of Worcester CAL
vim b. Hill of Nashua, and J. Edwin Smith of
Barre.
The third and fourth articles of the call for the
meeting were then taken up together, viz: "To
determine whether the corporation will accept
s.,
approved March II, 1870, entitled an act to au-
thorize the Worcester and Nashua railroad COM
pany to construct an additional track, and to
subscribe for certain railroad stock" and "to
determine whether the corporation will sub
scribe for and hold shares in the capital stock of
the Nashua and Rochester railroad company to
theamount of $500, 000,as authorized by the egis-
lature of Massachusetts,, and for the payment of
same, and for other uses of the company to
issue the bonds of this company, payable in not
less than five nor more than twenty years."
Hon. Stephen Salisbury addressed the meet
ing, stating the advantages to the Worcester
and Nashua road which would result from the
connection with the north afforded by the con-
struction of the road proposed, especially in
view of the competition for the transportation
of through freight over other roads. He gave
the following figures indicating the business of
the Worcester and Nashua road during the past
year: Receipts from through freights, $246 ,29s;
from local freights, 500, 1903; from through pas
sengers, $685. S1; from local passengers, 500, 740.
He said the Norwich and Worcester, Boston and
Albany, and Providence and Worcester roads,
being also naturally deeply interested in this
new through route, to Portland and Canada,
would probably assist in the enterprise. Mr..
Salisbury concluded by moving the adoption of
the articles.
Hon. Isaac Davis also spoke in favor of the
proposed subscription to the stock of the Nashua
and Rochester road, saying he considered it
virtually an extension of the Worcester and
Nashua.
Gen. Hunt, of Nashua, Gen. W. S, Lincoln, of
Worcester, and H. A. Bancroft, of Groton, were
appointed committee to sort and count the
ballots on yea and nay vote on the adoption
of the third and fourth articles, which were de-
| clared to be unanimous in favor.
Mr.. Salisbury alluded to the long and faithful
service of Hon. Alexander Dc Witt as president
and director Of the corporation, expressing his
regret, in which all present would unite with
him, that continued Illness compelled his retire
ment, and concluded by offering the following
| resolutions:
| Resolved, that the thanks Of the corporation be
presented to Hon. Alexander De Witt, for his val.
liable and long continued services, us director OF
the company, and for his great usefulness as its
president, at time when the affairs of the company
required great energy and discretion and the cor
poration express regret that sickness has induced
Col. De Witt to decline reelection and their hope
| that his health may be restored.
Resolved, that the clerk be instructed to present
| copy of the above to Hon. Alexander De Witt.
After remarks from Hon. Isaac Davis, expires