Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1873-10-22
Vermont & Canada Railroad.



The annual meeting Of the stockholders Of
this corporation was held at White River
Junction, on Thursday NJ last week. Itisun.
der.tood that considerable efrt had been made
by both the friends md opponents Of Governor
Smith to secure proxies Of the stock, for the
purpose Of controlling the action Of this meet.
ing However this may be. there were found
few present but the opponents Of the manage
mcnt Of the Central. and they had the meeting
pretty much all their own way-a privilege
which they ayailed themselves Of 10 vent their
spleen and air their eloquencc on the general
subject Of Vermont railroads and railroad mag
mates. There were about two hundred stock.
holders present, and they represented nearly
iourieen thousand shares Of the stock-the
whole number being thirty thouand-a much
fuller meeting than has ever been held before.
Tho Board nf Directors chosen were Bradley
Barlow, Of St. Adams. Francis A. Rrooks, Of
Boston. J. N. \. Gri-wod, Of Newport. r. l.,
Romeo II IIoyt, Of st. Adams. James X. Mich
OILS, Of llaverhill Mass, Edward A. Sowles
VI st. Adams, and Samuel Wells Of Boston
There were votes representing IL, 005 shares
east. all being for the Board which was chosen,
except %. being nearly a unanimous ballot
a motion was introduced by WIN. Mixter
and carried, to the effect " that the records NJ
a special meeting held in May, 1871. be amend
ed by changing his name from MeS,er, as sta
ted therein, to MiSter, and that the record Of
said meeting he made 10 show that the vote
binding the road to the amount Of 81 ,OO0, 900
was not unanimous one, himself and Mr..
Weston voting in the negative"
Mr. Ellis introduced the following preamble
and resolution
Whereas II has recently come 10 the knOwl-
edge ni the stockholders Of the Vermont and
canada Railroad Company that certain votes
heretofore passed by the directors Of this Com
pony have been passed. or procured TO be
passed hy the same persons who were at the
same time members Of the Bard " Receivers
and Managers, and that said persons have here
hy used their office as directors to enable them
% carry out their plans or purposes 10 the det-
timeut of the stockholders Of this Company,
therefore
Rcso1rd. That this Company is not bound
/ by any such acts or votes.
Quite discussion was had on this resolu-
ton, Mr. Girard. Of New York, questioning
whether j. was policy for the present meeting
to assume that such things have been done
before it 3. shown that they have been done.
Mr. lde Of St. Johnsbury, said that his feel
/ ing. were that although the whole Of the
stockholders were not present at the meeting OF
/ May. ISL they have since acqucsccd by theiI
silence to the proceedings Of that meeting
although he favored the calling to account per
s1uglly Of the directors, if it can be shown tina,
they have in any way betrayed their trust
/ The resolution was carried by a large major
/ it's. Mr. Todd offered the following resolution
which was also carried by a large majority
/ Rls0id That the directors be instructed to
decline in future any proposals to guarantee
The BONDS of other roads ar to sanction any
Losses whose rents are 90 be paid out Of the
earnings of the Vermont & Canada earnings
and IL such guarantee or sanction has beer
given In the past by the directors or a small
minority Of the stockholders il was a sacrifice
nf tho u rhts and interests Of the road and any
director shall use every proper means 20 with
draw from such guarantee or lease.
Mr Nichol- presented resolution, whicl
was pissed, thanking the retiring directors
DR. J r Nichols and William Mixter, o
stun for their efficient services during tbs
past year, after which the meeting adjourned
TheL9welland Northern railroads run a specia
ear attached to the a. IN. express train from
Boston, returning on the 10 Is p m. express
accommodating the stockholders in Boston and
vicinity, many Of whom were accompanied by
D T.Is,-