Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1872-10-09

end in view They have watched the de-
yclopmcnt of the property for long time
until it has got 10 be very valuable proper
*. worth believe, Sl5, 900 900, and earn
ing something like -, 600 900 yearly. ! |
think il i for the interest of every man who !
owns a dollar of the stock to stand by that |
road and see it through. (ApplauSe.) Let |
this committee Of conference be appointed, |
and let all the various securities be merged |
into one security, or YOU may call it stock, II
YOU please, and let IL be managed BY the pe)-
Die and run in their interest, and | have no
doubt that all the litigation OF the ermOnt
Central will be ended. | believe that the
honorable men who compose the Board OF
Mana GERS have had no personal or private
end in view They have watched the de
velopment Of the property Tor a long time
until it has got TO be very valuable proper
". worth | believe. SIS, 900 900, and earn
| ing something like y, 600, 600 yearly.
think the running expenses have
| been rather high, 20 or 69 per
ready to reduce this expense, and | say
| let Us stand by them. have $4,000 IN
| this matter, and propose TO do what | can
| To sustain it. and not come here to cry u
down. If we do - believe ITS stock Will
soon be above par instead OF deprecated be-
low it. | have no doubt that the lease 81
the Rutland and Of the Ogdensburg roads
will in five wears pay their expenses and pay
a large profit beside Already their re-
ceipts are increasing and expenses decrca~-
ing | hope the trustees will stop borrow
ing money 10 pay dividends, and let them
pass until they earn the money. l hope the
suggestion for the appointment OF Il com
mlttee of the holders Of the various securi-
ties 10 confer with the trustees and arrange
for grand organization, to be managed ~
the people viii be adopted; and it wall be
successful.
|
There /, no difficulty in making the road
J. paw under economical management. dld
not believe that the net increase of the leaS-
ell roads would meet their liabilities.
REMARKS Oh GOV. s1uru.
q tioy. smith said there We're many thing, % b.
considered. If ii i desirable to work thl-
ENTERPRISE into more satisfactory cundI-
| ton than il j. to-day, iJ should be- don,
promptly Whatever l. done viii involve
an application to the Vermont Legislator,
for aid 1t seems desirable, therefore, that
while that legislature Is in session, We
should work There j. great deal 70 do
The great regret with the managers l. tina
the Stockholders haven I watched theirprop
. ertv more carefully The committee
\ should NOT br uuwleldy, Tor II should WORT
together easily. Another question II wha
shall be done in the meanwhile with oar ila
Mfitic- Our creditors have been very pa
tieut With all the reports which Eavl
been hyiug around the State, les than -,
600 in AN have been attached on the proper
IN of the road. From all quarters n th
State / have heard but one single response
and that II stand firm Ih
trustees have always he.t their acts opci
for scrutiny and invite chc1i~it- ot the stock
holders. Not solitary road running ou
of Boston cam command such resources a
the Vermont Central. The great rCll q
Boston To-day works to the interest OF \cr