Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1873-08-22
lamoinr VALLEY r. L. Co

a large and enthusiastic gathering rs ta-
. stockho.de-- otrhe Lamo-lle Valley I-li-raa-
f was held IT Eyieuark OBJ the I7-l ius--. @
hear the reports and elect directors llr Tie
. wear onsuiu- Waldo Brigham. E.-.-. pies.
. dsn-a the c1rurrlri1u- submitted rlc la--
lowing report
TON. So1-hola.-r Of %. Lana. iai1
hutr0l-
AT the 1lme 1t tlc last annual meeting %.
the Stockholders oi tine Lamol-la T. j. @.
. rr -ae u Tuesday u Angus I---. REGULAR
. trains were mining and doing bushes De-
tween 81. Jonusnurr and tlar1UllE. dis
-luca ot 80 nile. beng 30 miles on -le Ll-
noble Valley Corporation all j. miles 11
-1a Montpelier ana -. bloomsbury Lcrplra
ZION. Trains were also running Or rlai
Gate dong bushes on rle L-5-- L11r-I
T J.. T. Corporation between S. -i1ll-ll--
3 and Mes, Concord. @ distance ll a--ll nile
since uur llzr annual meeting the line has
+ neeu extended from EnrIWlCE gu Hyusu1rE
Oh the Lamollle valley T. T. L1rp0rar-l--
F. o distance of T. miles. and the regular 1-aIus
| clmmence1 ruuuIn- DONG business between
- J8hns1urv and HvdeparE on The 1911
cav Vi January. lS-a.
a construction rraI1 was 0r-EuIEs- IN lIll
f spring of l---. anu mas been constantly OF
WORK uu Cd lle present rIme except ~ sll--
intervals. h1llasrIl-. filing ur temporary
| rrestles an1 making slcl 1-lGr repairs along
the line o. are needed Tor O u-sI-class road
bed And We nave 10 the present ume ID
successful operation ID one continuous line
over what Is termed the vermont Division
Us the Portland and OE1Hns1rr- E1Ilrlal
iIns. between Nes- Concord and HYDE
Park 90 mlles OF r0a1 winch Wall compare
iaV0-l1iv IN every respect with any other
railroad On the STATE oi NGr1u1H=-rle con-
iIuun OF the rlal 1ed ana track beng IL
sucn O state 0t compleIeuess rnlr trains Can
with the greatest ease and safety ruu - OF
31 miles an nl1r I- mas been The design
ana pullfv o. secure the Services 1- reliable
v1lnc men Of ability ana OF good cllracre-
ana habits AS officers ana employee 0l rn1
road. and We banevs rlc slcce-s-u- opera
non Of the road the regularity NJ the
trains and freedom from accidents during
tine past year are largely due O. their talra-
tuiness and efficiency. which We believe rl-
s-lckn1llers Will most cheeriu--v acEngW-
ledge
Inc construction Of the Lam9ile Valley
railroad was commence with O. stock sub
seriptI1u of SO. 600. CONSISTING O $780,
o0H Iu town bonds and the nallues I1 mi.-
Tilual sunscrIuu1n- The Lam1llle Valley
Company also Joined with the MluIuc er
and b. ,I0unsrurv Railroad Company AMI
the Essex Juuurv Railroad COMPANY ID I-
suing g rrsJ mortgage bond secured OH the
ur1uerrv of the entire inc IN b erm1u-. OF
80. Uu Der mile flr the uurnose 0- com
pietInr the construction ana equipment &c
the line in c-mlnr from >Wlur1r o. tie
Connecticut river. These nrs- mu---l-e
bonds Oh the Lamolle Valley Laiirl1l
Company amount Gu SI-Gou-0ed. and r1e-e
securities together with the STOCK slbscrIr-
ti0u- ol $50 900 amount tl $3.50. onu.
- O. the nrst duy Of ias- JuIy ll-75l We
had exhausted li the stock subscriptions
ana mortgage securIus-. IN al that bad
been expended on the Lnm0Ile Valley Rail
rual corporation from Nes- DauTis O.
,wau-0n. for grading ana masonry. cus.-
neerIu-. bridging. rlliu- stock. track la7-
ing ha-lastlu-. fencing ANA aama-e de-
pots. Gross ties, Ac-- IlcllllnE every dollar
that has been expended Oh The Lnmli
valley haliroad corporation. Sl.,l36-- T..
leaving q balance OF stock subscriptions and
mortgage securIties of SI-OI1. l-5 n0- ve-
expended. which balance viii be used O.
hnlsh the construction Of the ruad between
Hlghrala in the County of franklin an
Hyde Park q distance OF 81 miles, and the
necessary equipment Tor the line
Win the Wurk 1w0-rnlrds done iu Yer
moHt-lt we adhere 10 the policy of rigid
economy IN the expenditure OF the balance
OF or funds we see no reason I1r dIseour-
aEement. We do not believe true friends
are discouraged under the Circumstance.
Then we have only 60 remain united and
determined. ami We firmly believe thas our
efforts VIII be crowned with complete snc-
cess IN ISL
All which is respectfully submitted
W. BEIluAu
A Restitution thanking thauuccy ana
Harrison Warner OF Cambridgs for their
Eiitor S2.000 each 10 the corporation was
unanimously adopted The following
gentlemen were chosen directors far the
year ensuing. beng reelection Of the
board with q single exception. the number
of shares voting being $50:
franklin Fairbanks, ! D. Bel. D. ~
Aiken. %. Abel. g.. ". Hcndee. Waldo
brigham. Grunge Buck. T. 5 Read. %.
I.ixf0rd. ID. d. " cad. 4 g. Jewetr.
The stockholders then took q ride on the