The Republican journal., 1874-04-02

AUGUSTA. March -. The meeting OF
the stockholders OF the Maine Central
Railroad at Watcrville, to-day, was not
calculated to inspire confidence in those
individuals who have circulated the state
ment that the meeting was to be Il stormy
and exciting one.
The vote for directors showed very
harmonious feeling, the whole number be-
ing 3O,O3Z, seven out of the thirteen dl-
rectors elected receiving the whole num-
Der. The following is list OF the direc
tors as chosen John b. Brown, Portland ;
Lewis Pierce. Portland; Darius Alden,
Augusta Noah Woods, Bangor; Lysan-
der Strickland, Bangor; Abner Coburn,
Slowhegan; Arson p Morrill,, Readfield;
George NJ patten, Bath George l.. Ward,
Boston; T. X Lothrop, Boston; John
Woolredge, Lynn; James 7. Cook. Salem;
Frank Jones. Portsmouth.
But the predicted storm reached its
height on the vote to ratify the contract
with the Eastern Railroad Compeny, the
l22 nays rendering the opposition very
poor farce. The entire meeting was with
out a ripple of the sensational.
The report of the Directors shows the
total earnings OF the road for 1873 to have
=
59S.49 over the earnings of 1872. The
operating expenses of 1873 We're 81, 530,-
.5O144, and the net earnings S737 1854.
an increase from the previous year OF
$50, 1854 Receipts from passengers,
Sole, 400 - from freight, Sl,olo,6l5.ll;
other sources, SAL ,051 40; number OF
passengers transported, 1890, an IN
crease Of A. .545 over 1872; tons of freight
90 nlt Of
over 1872 There have been added to the
rolling stock during the year six locomo-
tives, at 4 cost OF SO 900; six passengers
cars. five baggage and mail cars, one
postal car, 200 merchandise, 10 platform,
four conductors saloon cars, and SIX snow
ploughs Eleven new bridges have been
built, OF an aggregate length of l252 feet,
and costing 50 ,449.44; whole expenses
on bridges and culverts during year, S41,-
40O3G; expended on buildings $41 ,lI3,-
10; repairs of track. $500. 1920; eXpend-
ed ior permanent improvements, Sl34,-
333.54 The directors allude to the re-
lations Of the company with the Boston
and Maine Railroad. and quote the report
of the directors OF that corporation, as
follows: The public are compelled by
the policy adopted by the Maine Central
Railroad managers to transhlp at Portland
at great expenense and Inconvenience all
freight and all passengers and their bag
gage" The Maine Central directors re-
ply 1t is not the policy OF managers OF
the Maine Central Railroad that causes the
transhipment Of freight and traffic at Port
land; nor was it the Maine Central man
ayers that broke off the long-established
and convenient connection at South Ber-
wick Junction. That connection was sew
cred by the Boston and Maine Railroad
managers, who now impute to the Maine
Central the great expense to the public
their own policy and action have brought
about The Maine Central does not re-
fuse to pass any and all traffic from its
road to the Boston and Maine at South
Berwick Junction. If the Boston and Maine
managers will not receive at that point,
who is rghttully chargeahIe with the
great expense complained of?" The di-
rectors follow with brief argument i'll this
direction, which is clear statement of
their view of the quarrel. The report
concludes by reciting the fact Of the con-
tract uniting the business of the Eastern
and Maine Central railroads for long
term of years, and which TIE stockholders
by an almost unanimous vote have now
ratified