Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1872-08-07

ATHoL AND ENFIELD RAILRoAD.-The an
nual meeting of the stockholders of the Athol
and Enfield railroad was held at the Pequoig
house, in Athol, yesterday, the president, Willis
Phelps of Springfield, presiding, and Thomas
H. Goodspeed of Athol, clerk and treasurer The
annual statement of the receipts and expendi-
lures by the treasurer for the year ending July
81, 1872, was as follows:
Receipts-Cash on hand July 81, 1871, sS96S. Al ;
for stock, S20,050; for bonds, S211 100; for mail
service, S1O2927; interest, S2T,5O; rents,
S39491; of Athol savings bank, in company S
notes, ST. 800 Total, including cash on hand,
1888 070.53.
EXpenditures-For lands, land damage, walls,
crossings cattle passes, etc, SS022.75; paid con-
tractor for construction of road, 1896 ,205 inter
est, S6741 AZ; insurance, $3.50; taxes, 947S.0S;
rolling stock, S4450; repairs on houses, SIS 25 |;
with other Notwithstanding the total dis
bursements S952 ,O4.4S; leaving on hand Aug.
I, 1872, S102S .6S
The building Of the road was begun it'll
more than two years ago, and it was come
pleted so that trains began running October 16
1871. The total length of the road is about
thirty and half miles, running two trains each
way daily, from Athol through South Athol,
New Salem, Dana, Greenwich, and Enfield, to
Barretts station in Belchertown, where it con-
meets with the New London northern road,
running through Palmer The entire cost of
construction and equipment of this road thus
far is about S75O,OOO. Contracts have been
made for extending the road from Barrett's sta
ton direct to Springfield, through Belchertown,
Duckville, Bondvile, Three Rivers, louisville
and Indian Orchard, at the latter point running
about mile north of the Boston and Albany
road. The length of road from Athol to
Springfield will be 46 miles.
The road is doing a very successful business,
it being estimated that about 20, 900 passengers
passed over it during the eight and half
months it has been in operation, besides doing
large freight business. The receipts from
freight from Oct. 16 to July last were S15,6O7.
o.; from passenger travel, S94t5S4; expressage,
S723,2S; mail carriage, s1312.4S; making a total
of S27 ,05S.64. The running expenses for the
same time were $40 ,699.Sl excess of receipts
over expenditures for the eight and half
months, $495S,S8 The gross receipts for the
month of July we're over $500.
1t is estimated that the completion of the ex-
tension to Springfield, Is miles, will increase
the total cost of the road to about 81 ,4OO, 600.
The capital stock of the company now consists
of 1000 shares at 500 each. The following
board of directors was chosen for the year ensu-
ing, Springfield being entitled to three addi-
tional, owing to its subscription of 100000 to
the new stock for the extension to Sprine field:
Willis Phelps of Springfield, Rufus d. Woods
of Enfield, John C. Hill and Thomas H. Good
speed of Athol, j. Wesley Goodman of Dana,
Stephen P. Bailey of Greenwich, Edward Smith
Of Enfield, Homer Foot, William Brnie and
Charles K. Laid of Springfield, and Samuel
Adams New Salem.
All received the whole number of votes cast,
Ass, except Capt. Adams, who received 8O5s,
the remainder being scattered among several
Others, purely on the ground of locality. Messrs.
Foot, Ladd, and Birnie, are new members.
AT meeting of the directors, after the con-
clusion of the stockholders meeting, Willis
Phelps was reelected president, Rufus D. Woods
of Enfield vce-president, and Thomas II. Good.
speed of Athol clerk and treasurer