Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1873-03-19
The Vermont CenlraI RaiIroal.

We notice occasionally items going round
the papers in respect to the Central road.
The enemies Of the present managers are
not only active but also very malicious.
They circulate lies and ISLANDERS, instigate
petty suits, and in every possible way seek
to embarass the road and annoy its man
agement. The parties most active in these
movements are the officers Of the lower
roads, between Vermont and Boston, and
Brattleboro and Springfield. Whenever
they have Central money in their hands,
accruing from freights and tickets, they IL
form some Of the malicious creditors of
the road aud are served with trustee pro-
cess which they have invited. They thus
keep its lawful earnings out Of the hands
Of the Central, avail themselves of the in
terest of the funds which they have procured
to be locked in their own hands, and prevent,
SO far as they can do so, the liquidation Of
the claims against the Central 1t is very
unhaudsome aud irritlting method of pro-
ceedure and one that no honorable man
would countenance. Such methods Of
action ultimately return to plague their in
yentors.
The Central managers have row the op.
portunity of indicating their course. There
are two suits pending against tbem-one tc
compel the payment Of the Vermont and
Canada interest of last December, aad
another to remove them from the manage.
} ment. They were called to answer tC
these suits before the chancellor on the ] Stl
inst, and tho questions at issue will prob
, ably be decided this week. As the trust
> debt must be the first charge upon the in
come OF the trust property, and as the deb
was incurred by and with the consent Of
; the plaintiffs, and as the Court o
Chancery ordered the expenditures which
0 have resulted in incumbering the trust
c We do not sec how it possible tina
J the suit will be successful The Vernon
0 aud Canada stockholders can do far wise
thing than practically repudiate the debt
f of that corporation as they would do, shoul
o this suit be Go sided in their favor. We d.
h not for moment believe the Chancello
e will hold that the creditors of the roa
9 have no claim upon its earnings,
As to the removal Of the Managers
It there ought, at least, some cause to
!, shown for it. They surely will not be re
It moved for the 0gdensburg aud Rutlan
Is eases, for they were effected by and wit
;, the counsel Of tho Advisory Commute
e and by order of court. They will hardl
:, be removed for the Car Company contract,
le for those contracts are participated in by tn
g lower roads and by the Grand Trunk an
Ie Michigan Central. The Central manager
\. are not delinquent to their trust when the
( join the connecting lines in procuring &C
4, equate equipment for the service Of all tt
lie roads on the through line. A railroa
n. has as much right to hire carriages for tn
as transportation of freight as il has TO bu
,e them, or as livery keeper has to suppl
le ment his own stock by hired coaches for
is distinguished funeral 10 fact the maj
ayers of road would be delinquent
is they did not make what provision the
il could for their business. As to the Montre
g, and V. j. II. r., the managers both cou
be inquiry aud can show " at there is not Il
Of slightest ground for removal on account
no that connection.
sh But amid the noise aud dust Of this GU
IL rageous warfare on the Central, one thin
he stands out prominently-and that is, Il
r extraordinary success which has thus &
lp attended the Central road. The jealousi
ne of rival roads and the ambitions OF hosti
a parties cannot blot out the splendid resul
no of nearly twenty years devotion to the i
ls terests of the Central road, on the part
re its present management. Gov Smith hi
to energy and skill enough to take up Il
k Northern Pacific Road when it was a
re solutely liieless, and place it where
he success was almost assured. And the
I'D when 1t fell into the hands of jobbers al
1t. spectators, who were impatient to re-
the fruits of his sagacity, he had no
ia esty enough to refuse to make it tri
dc utary 10 private interests and wisdo