Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1872-11-27
ORANGE. ALEXANDRIA AND MA
NASSAS RAILROAD.
Annual Meeting of the Stockholders
ofthe COmpany-RepOrt of the Pres
iIpnf.

oil the OHipaHy -NSpoia Va sS
ident.
Atl2 . clock to-day the Stockholders Of the
Orange. Alexandria and Manassas Railroad
Company assembled at the Office of the COM
pauy, in this city, and were called to order by
]. S. Barbour, upon whose motion, n. II.
Massie, of Charlottesville, was chosen chairman,
L. w. Reid, Secretary of the company, acting
as Secretary Of the meeting.
On motion of. Wood, Of Albemare, the
chair appointed John Wood, of Albemarle, 7.
L. Hill. of Culpeper, and Thos. Whitehead, of
Amherst committee on proxies.
After which a recess was taken, to allow the
committee time to report, until 5 O'Clock.
Upon rcassemblirg at o'clock, the CON-
mittee on proxies reported through their
chairman, John Wood, that of the whole
amount Of stock, 42,2G7 shares there are
present by proxy $3.50, being largely
over a quorum, whereupon the chair anDounc
cd that the meeting was ready to proceed to
business, and Mr.. Barbour then proceeded to
read his annua! report as follows:
REPORT
To thc .StochhoL1.yx Of tie Orange, Her
nn2,fa and -MunuSsuS RotLoud C0n1pany ::
The following exhibit of the state OF the
company and operations of the road for the
fiscal year which Terminated on the 30th OF
September last, is respectfully submitted:
1t is proposed to conine this report to a
general view of the business aud condition of
the company and policy OF its management,
leaving the details and more particular intor-
nation to be collected from the accompanying
special reports made by the respective heads of
departments which present in tullall the affairs
Of the company and business Of the road dur
ring the current year.
The business Of the road has been relatively
vel. maintained during the past year, and its
earnings are in excess Of those Of any preceding
year. The receipts for September. the last
month Of the fiscal year. would have farther iu-
creased the aggregate result if the rolling stock
Of the road had been sufficient to meet the
prompt transportation Of freight offered and
which had to await the operations of the sue
cecding month. The present equipment would
be adequate to meet the demands Of transpor-
tation If the offerings of freight could be dis
trhuted uniformly through the year. But it
seems that the bulk of the treights required TO
be transported for both the producing and con-
sumug classes doing business over the road Is
wanted at the same season, overtaXlng Its equip
ment at one period and leaving it unemployed
to considerable extent the rest of the year.
The company however is gradually enlarging
the capacity OF lis equipment as It's means will
permit, to meet the increased and lncreaS
ing demands of its fret ght traffic and expects
TO be hereafter prepared to supply its necess-
ties tor prompt transportation as offered.
The following statement will show the
receipts of the company from the several sour
ceS Of transportation during the year ending
30th Of September last the amount of working
expenses of the road for the same period, with
com parative statement Of receipts and ex-
penses for the years lS70-'Il, and Of ISL -:
Gross revenue for ISL -, $685., 81. II fer
lS70-'7l, 1913, 29j. 93-$I50i5 y, increase.
Working expenses for 1871 - 1854. -. 20:
for 1870 II 1858. 80. 22-S3l As, increase
Net revenue for ISL. -, $403, 59S.4 Al; for
1870 4, $359, 535. Il-S44 ,0G2.1 IS, increase
Ratio of expenses to revenue for ISL -,
80 l. per cent.
Freight for 1871 -, $4S2, l4G.6S; for 1870
IL $4G7 ,22jj5 j2-$l4 S93. l6, Increase.
Passengers for ISL -, 421,,11s.10: for
lS70-7l, $500, G34 2S-$37I,l44 Il, increase.
Express for lS7l-12 SIS, 3o6.o4; for 1870
II. $50 100. 22-S2 tO3, Is. decrease.
Mail for l>7l-'72, $4l ,53S %; for $50 II,
$2l, 80 40-$lY, 155. So, increase.
Other sources. telegraph, &c, j Tor 1871 -,
$S,G0l -, for 1870 II. $2.9l6. 5l-$5,G S4 IS,
Increase.
IL H.