Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1872-03-14
EVENING.

The meeting was called to order by
the president, at $50 p. M, and the re-
solutions offered by the Committee were
read by the clerk for the information
of the people
A. nj. Spencer, from the committee,
presented the following additional reso-
lutions as substitute for their first reso-
luton.
1. Voted to appropriate the income of
the road to the payment of its indebted
ness uutil it is provided for in the man.
ner herein stated.
2. Voted to rescind that portion of the
vote passed at the last annual meeting
of the company, authorizing the issue
of seven per cent bonds, and the con-
version of the scrip dividends authoriz-
ed by said vote into said seven per cent.
bond
3. Voted to pay future dividends on
the preferred stock of this company by
issuing to the holders thereof scrip d.
vidends therefor as the same may be
come due until the debts of the cOmpa-
ny are provided for as herein stated.
4. Voted to issue 1924 shares of pre-
ferred stock of the company in add
ton to the stock of the amount already
issued, making the total amount of its
guaranteed stock, five million dollars,
for the purpose of raising means to pay
prior demands upon the roadmud its
property, and that said stock hereby au-
thorized to be issued as well as 1,476
shares of the capital stock of the Addi-
son Railroad Company, and owned by
this corporation, be offered to the hold
ers Of the preferred and common stock
in the proportion of one share for every
six shares held by the several sharehold-
ers, at par until the first day of Nav
next, and that the directors be authOri2
ed and they are hereby directed to open
books of subscription therefore subject
to condition that said subscription shall
not become binding until 10000 shares
of said stock shall be bona fde taken
and subscribed for by the time above
limited
5. Voted, that the funds arising from
the sale of said stock, ands by the pre-
ceeding vote authorized to be issued and
sold be used for the purpose of paying
and taking up the outstanding scrip div
dends of the company, and held by the
subscribers for said additional stock at
the time of subscribing therefor, and
for the payment of other debts, as the
directors may judge the necessities and
interests of the company require
8. Voted, that in event of the failure
of the stockholders of this company to
take the stock hercinbefore provided for
that;
Here follows the second resolutions
reported by the committee
Mr.. uildreth, of Lowell, was opposed
to voting for an alternate proposition.
He would vote in favor of the presi-
dents proposition but would vote
against the s per cent bond.
Mr.. Buruham thought it no more
first mortgage on the road to 90 to the
and have a regular mortgage
than to leave it as it was
now under the laws of Vermont
where the debts were also in reality
prior lein on all stock both preferred and
common.
The discussion was further carried on
by several gentlemen.
The President appointed Messrs.
Everett, Williams and Moselcy Teller,
and a strong vote was taken on the reso-
utions reported by the committee
The tellere repoc; Il that the resolu-
lions of the committee as amended were I
adopted by nearly an unanimous vote.
he vote being as follows:
Whole number of votes, 39921
Yes on both propositions 38.822
No on 1873
Yes on first 36
No on second. SO
John B. Page introduced the follow
ng resolution, which was unanimously
-dopted
ResoIced, That Messrs. Edward Blake,
\. W. Spencer and Jacob Edwards. as
committee Of the Stockholders, bc
ppointed and invited to act as an Adj
isory Committee with the Directors
n matters relating to the finances Of the
On motion the meeting then adjourn
4 siae de-
WELLS. -Rcv. ". z. Ross, Of Castle
III, VIII preach III the lnIV"rSaliSt
harch' at Wells on Sunday, tn" 1'th
'@',' AT 10 80 a H. and al p. IN,
POISONED FOR BEATTY. A r"Foher.s /
tqu'S' was heid on me hooy on Inc
"'.'7 ''a''ln> "h" 'nc" ;" Sndornly at ,
~ e'''~'' ~ >''i'1 ',l'',i'''',' N"''"eS'eT,
nv a,.1 were '''oi''' ''','' proven ;
INV ''''' '>'S :" '''' JUN, ''i"- ''''' @"' a
''''', :" l''' 0''''i' "y 7'''''@ arsenic I" .
1"u'iiy le' 'o'lPi'A'oh' one NAT "t'eh t
'np ha"'' OF eating cloves pickles. \
lalk' etc. iof the same purpose and t
aylhS seen IN a newspaper that some
dlc' III the oId country ate arsenic to
liten their skin she uudOuhtpdly took