Smyrna times., 1871-01-18
The Railroads of Delaware.
Annual Meetings..
Smyrna and Delaware Bay RniIrond

ers then proceeded to vote for Directors to
serve for the ensuing year, which resulted as
follows: Jas W. Spruance, John NJ. Vo>heIl,
Samuel Cats, James Il. Clements, of Smvrna
Charles K. Landi<, Vincl"nd, n J J. L.
Caldwell, Snpt. NJ. 4 D. r. Il c. W. Hunt
the meeting then adjourned, and the Directors
met and elected Jas. W. Spruance, President
John NJ. Voshe!l, Treasurer, aud Sam Cats,
Secretary.
The Delaware Railroad.
The nineteenth annual meeting nf the stock. !
holders of the Delaware X ,ilrnad Co. was held |
at the office OF the Company. at Dover. on
thursday last. The meeting WIS organized 10y
appnnting J~hu F. Tharp, Chairman, aud
Nlanlove Hayes, Secretary. The report of the
President and Directors and Report of the
Treasurer were presented aud apprnved The
Directors report the business OF the road for
the year as follows
ir~iSht aud SI35 1t3h2
mails aud miscellaneous sSsi i
operating xprf-r. charged Dy S''' 0'l''
Interest Aud d,idrnIs paid ........... i6Iti7ss
---- sa2s.soo.Gs
! The first three months the Irs.evs CHI argcd
the cost as hrIet"fnrc, of Operating the road
the last mne months they operated Jhe 10 ID
nndeI the new agreement %! IS pc. cent Of the
gross earnings. The fist three mnr tn, the
cha' gc> WrIv S. l02 OO4 90; the last nine months
$22l 1850, maxim. a total Of 1929, SS p
At 10 per cent. "t gross earnings for tue wi,u.c
Irar the ">> would have been nnIy S5Gj7 II.
The following gentlemen were elected D.rrc
tors for the ensuing year. viz: Samurl VI
FELTON,, Isaac Iilnckley, Andrew C. GRAY,
Charles Warner, J"scph Bringhurst, jesse
Sharp, I>aac Jump, Henry b. Fiddeuran,
Mnni"vr Hayes; Alex Johnson, }. Turpin
Moore, VIM IT, Ross aud Alheit Curry
=. M'nl've Hayes was unanimou,ly elected
TREASURER.
Geo. v Massey, Edward Ri1gcly and VIM.
VI. Jester were appointed to audit the accounts
Ot the treasurer befuGe next meeting.
Alter the a'ljUurnment of the stock older
meeting the newly elected Board Of Directors
met AID unanimously elected Sam NJ Felton,
President, and ManiOve Hayes, Secretary.
Junction & Breakwa,er Railroad.
The anuu,l meeting oil the Junction and
Breakwater R'llrb1d WAS held IA: Milford, on
the 9th, and the following gentlemen elected
officers tor the ensuing year, viz :-James 5
Gibbons, of New York, President. (Judgr
Houston resignng j SAM Sinclair OF New
York Tribune, Treasurer Directors-rhoma>
Bumgarincr \. T., j. B. Shrai, of Lancas or
County j. ). Prertym.n, Z. 5. Watson, c. c.
Slockley, Edward Huchrns, ol Del, anil e.
tion he Board OF Directors organ zed by eject
lag james :. Gibbons, Prrsi,l~nt, Samuel
Sinclair, Treasurer, and jacob u Fuuik, Stc'y,
! Tor the ensuing term. FlOm the statements
submitted To the meeting hy the President and
treasurer, we make the following extract in
rrgari to tine business Of the road
Receipts from frrg ght passenger, .. s35 e7o %
from tnal aud ex PAS 10
r.,.n.... ..o......-.,.. s9s.4,7.gs
Cni;vd states ;ss a., ,!
- sg7.5e9 50
Net .................... slosssl5
Out of this remainder the sum of s., 5gj. a
was paid for operating bills outstanding Oct
| 81, 1869 The statement also shows that there.
IS been $3.50, 3OS. 66 received, and SPA IA
4S paid out un account of construction OF the
road since the last report
| cnniract has been made with the Delaware
aud New York Steamship Company to run
steamers regularly from New York, making
connection with the road ut LcweS, for the
period Of ten years
The Philadelphia, Wilmington s; DaIt. Railroad
The Philadelphia, Wilmington l. Baltimore
KIliroad COMPANY have elected the following
officers Tor 1871 President, Isaac IInck ley
Vice President, Ennch Pratt; Secretary and
Treasurer, Alfred Horncr; Directors, Isaac
tlincktey. Samuel NJ. FELTON,, William Sellers,
Samuel Welch, Jesse Lame. Jos. Bringhur>t,
Samuel Harlan. Thomas Whitridge, Thomas
kel>", ThoS. Donaldson, jacob Tome, n that
lei Thayer, 5. VI. Shoemaker and " III. MlnOt
THE KENT Co. Mutual Insurance Co..
The annual meeting OF the policy holders OF |
this Company was held in this town MundaS, |
10th inst, Tor the purpose OF hearing the
yearly report ot the Secretary and Treasurer
and eltcting nine director, tn serve the ensuing
year. The report Uf this company exhibits
rapid Increase OF business, which may be re
gardrd a. evidence of the confidence persons
in-uling have III its management. No company
pays its losses by fire more promptly than the
Kent County Mutual.
The following statement shows the condition
of the company up 10 Jan 1T, 1871:
Deposit held Co Jan lst Is7O... s29iq6255
Deposit Notes cancelled during the l322CO
S2s2 O37.55
New insurance during the yesr.............
Total amount of deposit notes s33I72i55
property January It s7O 81 O39 s3tqS
Insurance cancelled during the
. S3s9O.lIf.2i
Ne" insurance 70 oe aoded during the year,. 3s1l020O
Total of property Jan 1871 sA477s
Assets Of the company to any loss that may
sccur by fire
Depot Noes. ;::.:.:.::..... s33l.72555
~ 4