Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1872-03-07

to the assembling of the STOCKHOLDERS the direc-
tors held private meeting, vice President Duff
n dor Hon Rnni Il Wal 81 Or 80, ,' y,
natod oa,rnoon ~ ~ =, 80 Vi Onao no no,i
nnd the rncords Of II t hue IaSt ny acla1
|ie wv iN,OiuS VI luS last lIeciluS were Tedu ON
Secretary Il. ii. Rollins. The election of Seth
turner, Jon Dun and Oliver Ames, as inspcc-
tors of the election, was approved.
Mr.. Z. 5. Bushnell nominated E. Fl, Rollins MS
spcrrtorv of tho rnaat;n,r nj he ~, ol,ataI
rt y, iI r etii-, diiu ne was electeu,
Sacrn,ory Po,Iins P'e''''0N' vas then leau ny
H0S'e'a'y hollips'
OFFICE OF THE UNION PACIFIC r. r. Co
BOSTON Ilrch A. 1872 I
To the Shareholders Of the Union Pacific HaiETo1d
Company: Your direc tors take pleasure in submif-
ting the results of the operation OF your railway for
the year 1871, as follows:
EARNINGS
Passenger earnings. ..............,S So l23 51O "a
Freight. ......................... 3276553 So
Company freight. .........,...... 351 93S AZ
Express earnings. .,.,...,,,.. az al ~
Mail earnings. OBSERVATION-DISCLOSURES, 2S3749 20
Car service. .......................... 57459 IL
Miscellaneous. ACKNOWLEDGEMENTS. 1l9 994 az
-oo,ool 90
S7,52l, 6S2 Is
EXPENSES.
Conducting transportation. .......... 1867 SIS 81
Motive power. ...................... 1,25l975 n
Maintenance of cars ..... '312 971 ~
NAH tenance of way.......,...,, 934 Ia IL
General expenses, including taxes, 403s06 n
Being AZ S7l0O per cent of earnings Or 6OO565 S.
Leaving net earnings for 1871 Off,, So al liz a.
The total amount OF revenue as compared with
last year Is as follows;
1870. ....................... 277 II
1871. NEUTRALITY-SUSPICIOUS.. 75Z1 6S2 16
Showing u decrease Of ,,.,.., I03 594 az
The expenses compare as follows;
1870 ,,,.,......i. al f77 Ala eA
1911 4 an 5ss "a
Showing a decrease Of ,..,, al 9S
And an increase in net earnings as follows.
Net earnings ISL ... IA Se1 l15 On
1870. 2g47'S62 81
Increase. observation-disclosures. 953, 2j3 03
Inc Inc revenues 0i the company for the year have
i,i t t pelow IIe esmlte owing main
prevailed throughoIt the eV i mo" n T
Hweath ar has he's nv III ti winter. me
cartons which accnTiing to t6 Se1%Ie, anu pre-
@ " lino aeooIuins 10 the experience OF pre-
him" 'baweye ee tP H. Pro'eu Every
oinesr or genara Opou Vi 9de cneI en-
81 H. e @ a. siuperinenuenI Wou!u expedite
those who were daiavad ,as 'ne Iol9rI Oh
iaTod mot No si Gu; ms poVlueu suu IL Is Pc
eEeu t"' no "c'uai suffering resulted from the de-
'eI Rt i,dio;o,,s O,o,,ou,,o,,. !, a..
limo tho net i 'ae operation OF the
some jncres "a a !, II IT, De oeeu, sno" nah9-
solle iorese over th0Se OF last year. ana approx
Hn tt ontt ue I'D the report submitted at
The bridga ovaT tbo 1tt,so,,ri v;,or -. O.o,
been pressed to COMPLETION. and viii he oman IN n's
few days for the passage of trains Much credit l.
due to the chief engineer and those specially in
cn2rge OF the work for the energy shown in its con-
S'T TS ION or1nr -, .,,,. -
wear have been iT5ty satisfactprv ba sie
acres sold from Miych o n Ssonhae 81 u my OF
11S2 purchasers, has been 1872 rs 32i00 yiedinG in
cash and notes 1888, So an average Of S3SI $40
pe The eOi cash rocoirts of tho ,o,,a ao,,u.. r..
Ntrcb oi'n rgcetp's OF lne ahd department from
40 9nj ont ~ nso o o. d Sl nave been
bonds We're Cancelled by that department, and over
SoUU renled 10 the trustees under the mortgage
I'm 10 tb de ci Ha'e os +t 49,. 1o,, roo
been sold in ali viedinG 20 1S 30 ~ acFes nave
1920 $40 per acre; and the amount Of land Sganf
Cancelled has been: ei"H''
By the department. ..............,. s935.coO
By trustees SSI 660
| And for the balance tho oor,n,r, ~, -,
maturing in one two and fhroa ~ ao - tt it
The recpints have inns ter ha y.' IN
TO take cIre Of the Int1 zen ror ~ man sticieht
land bonds e
Yonr road with nronar ,,or,o,r,o,,. 49,, -
promptly provide for the interest on the first mort,
cages, lanq grant ana income bonds; and by judi
sbonId yit t vi Us tnr9ugn anu Ioca business
nrovsion for the govo3 nIH VI aOle 70 make yearly
remuneratiye to ifs stoekhodars anu "i9o Decone
The accompanying reports of the several denor+-
ments will furnish IN detail the results
during the year;
All OF which Is respectfully submitted.
THOMAS a. SCOTT, President.
On motion of Mr.. Oliver Ames the report was
accepted.
The reading of the superintendcnt's renort
was omitted, and a resolution Offered by Mr.
Bushnell was adopted, fixing the stockholders
next meeting at the company's office in this citv
March 8, 1873.
On motion of Mr.. Geo. NJ Pullman, the fol-
lowing resolution was adopted:
Resolved, that the insnectors If e1oct,ons .ro -,
struced to put stamps on any proxies that are not
properly stamped, and cancel the same.