Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1873-11-12
Railroad correspondence.
OF TuE DIRECTORS or Ti'E cESrRAL

, RESOLUTIONS OF TuE DIRECTORS or TtE CENTRAL
VERMONT RAILROAD.
r At meeting Of the Directors Of the Contra
Vermont Railroad Company, held at the ofic,
Of S L VI. Barlow, ESQ, New York city, on
Tuesday, the 18th day of October, A &. d. 1873,
at O'Clock =. NJ, the President submitted an
ofisial communication from the Clerk of the
Vermont AMI Canada Railroad Company which
was read, and is as follows:
OFFICE OF VERMONT AND CASApA RAILRoADI
COMPANY. st. Adams, VI October nth IS73 {
| dENTLENLNi At n meeting OF the Vermont and
canada Railroad Company, held at WhitA River
Junction, on the 10th inst the following entlemen
were elected direetors' to.wit' Bradley barlow,
Fraucis A. Brooks, J. n, a. Grswold, Romeo n
iioyt James II. Nichols, Edward A. Sowlos aud
Samuel Wells.
Aud alta uoe,ing OF snid directors. held on the
same date, the following resolution was passed,
Resoiref, That the clerk Of this corporation 10 d
rected to inform the receivers and ma ayers OF tho
vermont GENITAL and the Vermont and Canada
RalrpRds, Ct the organization of the now hoard N
direction, and that saiu directors arc roady To- re.
cetve any communication thoy see tit, in regard 10
The relationsof the Vermont aud Canada Railroad
Company.
AIN, gentlemen, your ol,edicnt servant.
- A. q. Stafford CLERK.
TO tho receivers and managers Of the Vermont
Central and Vermont aud Can ida Railroads.
After full consideration Of the foregoing
communication. Mr.. William Butler Duncan Of
tercd the following resolutions, which were read
aud unanimously adopted
Rs'o.d That It Is the csire and intention Of this
company rs Receivers aud Manager the Vermont
tchtla ana the vermont and Canada Railroads, Ia
discharge It's duties and obligations 10 All pnrties
IN Interest in said property. with fidelity and i'm
paruaIty ana 70 place said property upon n per
s sa hchthiul and profitable hasis That to
secure ts result and to restore " at the earliest
momont possible. to condition whore all its inst
ohtotions tn us security holders may he rnlv az.
elrgedi IN accordance with their loyal and proper
priortio. IL is the wish and desire of the Manners
aud Receivers, hat state n h" rn,ony and cnnenrd
should exist between them and all parties IA inter-
s Is, IN Sa'd rapcrtr-tho Receivers aud Managers
oelleVIng that by united counsols and the hearty
eo-op.iauoi, n all the desired end and object will
soonest he obtained ~ "'
Rsyohed, That This Company will he happy 10 !
rece' am 50 iaI rs may he practicable I'D, pt any
suggest 'ns "h'ch may he made nv tho Vermont .
and canada, ar by the representatives ornnv other
class If security holders, looking to tho promofinn
aud Advancement Z! the highest interests of the /
property itself, and viii checrfulv co-operete in
any pan which viii hest sc>urc harmony of in
teIest ana economy Of management.
4. ht1ntd' Ih't thls Compa entirety rcpudats
tho statements made by the President Of The Yer
mont and Canada Company IA hi, lotc rrnort TO
its stocl holders. REGARDING the character INA o.
Jects ana ultimate purposes Of the Central Yer
mont Railrt nd Company. That IN no sense dops
az speculation, nor has itasa corpor-
aJ' n nor 80 lar n Is known have any Of tho NOM
hers, IN any manner attempted to deprcss any Of
thc securities Of any Of the roads composing tho
vermont 'entral system nor has INSTRUMENTATION
nor, so lar as Is known, any of tsm.mbers diroct
y or indirectly, purchased or caused To no pur.
chased any Of said securities Nor does this Com,
pany' either in i;s capacity Ct Receivers nd Man
ayers, orin its corporate capacity, sock or intend
to make tho system Of roads under lis ,nonorc
mont sectional or local In It's paliccs-on tbe con.
trary IL Is their avnwcd purp0sc to 50 coudrct H.
affairs as 10 cure the highest beneficial resuItst
a lsectiuns and localities interested in or nceommo
Iated ny tle roads u1dorits menaremG free from
ilscrin'nattonor undue preforencet. any, having
|. view tho ultimate security of tho benenciarics
, ReSotred, That fully recognizing tho doctrine.
'nht the reatlon between the read ns means of ,
Tnnspnitat'or, ana the community on its line MS
nc active agents for the supply fits business is
INC oi mutual dependence and that IN propottjon
Sa peri ect community Of interest exists hrttecnl
ne tWo prosperity Of both is promoted therefore.
hnt u viii ne the a. i'm and purpose Of this Comno I,
~ 10 ENCOURAGE and promote to the full cst eytent
enterprise on the line of its road
.nd u nford every reasonable facility for their
neutrality-suspicious. ... 80 100
Reso'rsd That the Secretary he instructed ~ I
ommuhicate these resolutions 10 the President III
NJ, Nermont and canada Gonna v and In sirniF,, ,
Q thht Comnany the readinsg, tf This Comma u
confer with thetn IN any eu'ioct Of irtfreqt G
enain" oprl mote the avowed objects &C tbc roref
olng resolutions and cordial and friendly rcie
Hn with all parties interested. - 'U''"Iua
true copy of record. .. 4
eo.x.4 GEORGE NICHOLS
secretary Central Vermont Railroad COMPANY i