, 1874-02-04
RAILROAD MEETINGS.


Tho annual meeting of tho stockholders iii
tllo Chicago Il Northwestern llai1road WIS held
ut their general olliro iu this city yesterday. A
largo amount Of stock was represented.
Tho report Of tho President wns examined in
detail, and it showed that, while many and
serious obstacles had intervened to retard The
completion of tho work intondod, tho most Of
them hnvo boon removed, and tho Donrl could
promiao ccrtnin and prompt continuance Of tho
road to its intorsoction with tho Western Union
Railroad III Carrol County. Tho road is now In
full operation to Elgn IS miles vest OF Chicago,
and doing a. satisfactory and increasing
Tho Second Division Of 50 milcs from Elgin to
byron, is ncnrly ready for tho iron, and work
will he pushed forward at once. This now road
rams through rich md fertile country, specially
vol! adapted to delryinE, and lts @ prodtlcta WILL
1t is not itnprubnbo that in q short time trains
will rim ncaror to tho cptro Of tho city thnn ut
| present, i'll which oyent the Company can rcason-
ably expect rapid increase OF tho ynuo in traf.
fc. Tlio road is well graded, ballasted, mud
equipped, and bids fair to form au Important
link III the network of railways OF which chica-
20 Ia tho cgntro.
resulted nB follows. T.. s. DobDinH, George >.
Dowon, ". l.. peasc, D. T. Allen, Juhn s. Will
cox, George Young, nnd 4. O. Campbo1t.
The Directors then chose the following ofll-
Gers: IS. Dobbins, President Geo. 8. Doweu.
Vice-presii}ont; W. 7, Hughes Secretary.
Tho Treasurer and other otllcors will be elected
Mt meeting appointed for next week.
Affairs OF TIE IEDlASApoL!s Bf.o0M1yaToN l.
WESTERN RAILROAD coMrANY--As AsroCEHotpEEs
MEETING TAKEN POSSESSION OF III FRIENDS OF
Srecia! Dispatch to The caieaoo Tribune.
DLooMISGTOS, ILL.,, Feb. 3.-TO-daY meeting
wns held in tue Courthouse for tho purpose Of
| determining what action should 10 taken by tho
iNfk $n,j t1oJSN
iiuo Stockholders Of tho Indianapolis, Blooming
ton & Western Rallroaa, to protect thoir tutor
ests in that road. II was lnteudcd
that none but those holding or repre-
seeing that it's rights aro not ignored Should DO
| adn,itcd, and tllt tho meeting should bo strict
lY private, but in this respect the meeting was
sEnal failure in fact, experience proves it 10
road matters, Wherever tlroo PERSONS aro as-
aesnblcd for this PURPOSE one or more ia certain
/ to be railroaa man. nnd one who iB working,
coyertly IN tl.oir interest. When tho meeting
was organizcd' it WIS found that several were
| pro9ent who
REPRESENTED NO srucK,
| notably tho Superintendent Of lilo coal-mine
on tho indianapolis TOAD, aud ono or two
ex-Directors Of the Railroad. Observing tho
complexion Of the mecting, tho Mclean County
mon lot it 60 by default, not caring to royen1 to
40 dubious MI asEomblago their ptanB for tho
protection Of tho intorosts Of holders Of genuine
! stock. !.
The discussion waa long, and principally cur
riei on by mon outside this onisty,~-Galtlnor,
| Of Champaign, aud Somers, OF Urlana others
wcro not in favor Of taking nny action except to
Hcrd tho Supervisor to examine Tho books.
claiming That any Supervisor wah equAl 10 tho
task. 70 those WHO know anything Of railroad
books this is ridiculous. Agnin,'if all ia right,
why should tho officers Of tho road oppose o5a1n
inution by oxpcrtB2 Qurdncr and Sonors
| LET THE CAT our or TILL nAar
{l,D}f1 had tall
mutters wifi. Managor Smith recently.
The meeting resulted III tho adoption OF tho
following resolution:
WHEREAS, In tho opinion Of this meeting tllero ia
not Ay evidence Of fraud nllu corruption the Nart
uf tho officers Of tho indianapolis, Bloomington l.
Western RAILROAD 10 Justify auy action part 70
protect tic interests Of local stockhollcrs tlero-
fore
ifesol,ed That II In the opinion Of Tits mee.ing that
no bint aetio should 10 taEen BY local Htouliolors
leaving each toW1lahip aud local stakeholder to excr-
| ciso his uw1l discretion In tic PROMISES.
IMPROVEMENTS CONTEMPLATED nY THE n1lLWAu-
KEE sT. PAUL nAILNoAD COMPANY,
New York, Fob. 9.-I'he Directors OF tho St.
panl Hailruad yesterday approved OF tho now
SGT OOOU0D is to be reserved to take up the
outstanding bonds as they mature, and Hnct por.
| lion OF tho rnnluinlar as amy DO necessarily to bt
implied to substituting steel for iron ra,ls build
Ing iron bridges acrosp thu AlisHissippi River,
mud for other improvements Of "pos'lanen
character. A rGHOlutloh wan pnsBed to pay I
dividend of per cont Of, the proposed stock Of
tho 2d tlay or NIurcl, provided that tho conBon
OF n majority Of Tho 6tocklOCerH Gun DO Oh
tatned Ioforo tint deto. :,
|