The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-11-20

Broad street; and in view Of the possibility
| that the city may be unprep1red or unWill-
ing to incur what may be the cost of aban-
doning Broad street and of establishing an
other suitable terminus for the company, the
Board have further offered to remove their
cnsinc-house from Broad street as soon as
may be practicable, and to conduct the
movements of cars on that street by horse
power Instead Of by locomotives, provided
the city authorities will make good 10 the
company what may be the cost Cf 50 doing
above the cost of existing arrangements.
The contract relations which were e7tab-
lished with the Potomac Steamboat Com
pauy under the authority given by the stock
holders TO the Board have enabled the Board
to maintain u most efficient route for travel
between Richmond and Washington, by
which they have been able t. secure to
travellers the choice Of routes by one train
each way per day north of Washington,
both to the west and north, as well as the
comfort incident to the continued railroad
and steamboat line, in consequence of which
it has become SO justly Il iuvoritc with the
public.
1t is proper TO add that without this line,
on three separate occasions, for considerable
lengths OF time, the company would have had
no meals OF forwarding or receiving pa>Sea-
gers and mails north OF Quantico. The
efficiency of this line will he yet further IN
creased by the completion of branch road !,
which is being rapidly CONSTRUCTED under The
auspices of the Baltimore and Ohio Railroad
Company between Badensburg and ii point
opposite Alexandria, by means Of which the
time between Richmond and Baltimore will
be equally as short, and the comfort greater
than by any other route.
During the year through-freieht arrange
ments have been made with all connecting
roads on pro rata basis. by which the com
pany's revenue from freights has been ma
terially increased, and in connection with
the Chesapeake and Ohio railroad ut Hano-
yer junction the best facilities have been
established for the transportation Of pro-
ducc, including coal, to all points on this COM
pany'S road, inclusive Of its own terminus
and that of the Connection Railroad Com
pany. The very reduced rates for both
freight and passengers that were established
for the benefit of lmronS Of the road who
reside on i,s line and have constant occ;i-
sion to use it has resulted. rs anticipated by
the Board in producing a large increase in
the amount of local travel and 4 moderate
increase Of revenue TO the company.
The Board Of Directors, in conclusion
would remark that the safety and comfort
of travellers continues 10 be with them Il
paramount consideration, aud TO this end
their road and machinery are kept in the
best condition. They are still enabled to
say that no passenger inside their cars has
ever lost life or limb, Or been even seriously
injured, during the long period, now nearly
forty years, since the construction OF the
read.
Congratulating the stockholders upon the
present condition of the conpaDH's affairs,
and With hopeful an.icipatons for tie lu'
| ture. this report is respectfully submitted.
Bv order Of the Board Of Directors.
| i NJ knEINSON President.