Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1873-01-15

down to remain useless, there was but ons
course for me to pursue, although that course
placed me with the minofity. The gradjns
of the road was consuming but about S5O6s
per month, while the laying of iron when
vigorously prosecuted with much smaller
force would consume $4,000 per day. Ibs
grading regarded as already paid Tor; While
the iron, if provided against the wishts Al
the contractor must be paid for by the issns
of bonds upon which the Corporation would
assume the interest. | thought that could
discover in the future what mad troubled ms
SO much in the pasta delay In the grading
7 therefore advised Committee OF Directors
who visited Boston in October, on the suhise,
of iron that it would be better to insist an
the completion of the grading in the f4l. and
if the Contractor refused or neg lectei to IN,
ON sufficient force to do 1t, tie Directors
ought after the 1st of November, 10 provide
the men. and see that the work was done
In the pressure for iron, however, this
matter was neglected, and there remains
considerable work to be done, some Vi which
can not properly be done in the winter.
| [ spprehend that only small portion Of
the road reported as finished Is brought %
to full grade, and if there is delay 10 CON
Melting the road next season, 1t Will be, ia
nv opinion, caused by the lack OF work done
on the road-bed this tall, and the balla9tlns
to be done next summer. With tie r54d
we'll graded this fall and a sufficient amount
of bonds left for the iron, L had 10 tears
about an early completion In the summer
| So much for the past. Let me AOH cal
YOUR attention to the future. L would re
spectfully recommend that at this meeting
the Directors be authorized to lease the rad
| if in their Judgment it may be expeditnt, sub
iect to the approval of the Stockholders Al 3
meeting called for that purpose 1t VII
deyolve on the board this day elected III
only to complete the road, but 20 make p71
vision for running it, ami ] cannot subscribe
to the advice given in the article before nam
ed to delay this latter duty until tie road Is
COMPLETED 1t is Just as important - have
the rolling stock IN readiness, as u mplete
the road. The Corporation can hardly afford
to let an investment of 81 ,20J 900 Law IDLE
waiting for a party to lease, or lyT mechanics
to manufacture cars, and II tie Beard elect
ed does not seasonably attend 10 tins 3uty, IL
may reasonably be charged with iuezcusAble
neglect
entered upon the duties OF a director
: about TWO and one-halt years ago, against
nv inclination, but circumstances seemed 10
} demand it. l accepted the Presidency.
, knowing it to be the desire Of those who
elected me Director. The position has
been surrounded with difficulties and enJar-
easements several times the enterprse ass
. seemed to be struggling between lie and
death my mind has been constantly occaq.-
! ed in devlsing ways and means TO bring atyg;
: a successful result The final cOmpletI5D .,
: the road can no longer be regarded as DOUBT
7 full, but as fixed TACT The PT'ee VI lla
t has declined, and there is no further excuse
} in that direction.
| | doubt not the contractor Will avail Liz
self of an early arrangement for iron al :
satisfactory price if be has not already Gone
t so. and that the work on the r0ad-bel va
e be Or osecuted this winter and completed i
: the spring Had it not been for the Use il
] iron. the road would undoubtedly have oeel
D finished the past season. My intere Crs=
: with the contractor has been pleasant 41.
/ agreeable, and had the grading been Pr1-ecu.
e ed as rapidly az ] had right u eKpe1,
e everything would have been satistactorT-
q Tie road is demanded In season i0r IL
0 summer travel from Saratoga and the Lake:
+ to the White Mountains, and for tie e4..J
o transportation of lumber accumulatIDS u
Y the line. and it's completion must not be u
2 necessarily delayed. Is only remains llE 1t
e to say that with this meeting my Ctfcla. re.s
t tions with the enterprise terminates. L j
T the first opportunity | have had 70 Te:-
| from the board in justice to the st0ckhsils9
o and myself. Thanking, YOU Therefore. q
; your past partiality, | respectfully rtques
D you TO cast your votes for another T. Il. q.
place.
n RonFRrrK RTCHsRu-oS Pre-.