Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1875-08-18
The Central Accounting.

The Central Accounting
The hearing OIL the railroad accounting
at St. Adams, before Messrs. Dillingham;.
Denison and Edwards. still continues.
There remains, however, only whatever
answer the receivers and managers see tit
to put in The points on which the coun-
sci opposed to the Smiths object to the
accounts are as follows, and according to
their statement us borne out by the evil
dence Much of the ground was gone over
before the railroad committee and many
of the matters explained, such as the Sui
Ivan lease. &c. But the items of payments
made to officers of United States Courts in
the State look strange enough, and full
explanation will be looked for, not only
from the managers, but more especially
from the officials implicated.
First it shows that the sullivan RarSad Ta aperate
in connection with the trust roads 1t was so operaed
the gross During the last eight years they AVERAGED
40 cent and one year esceeIea s oH
exclusive of interest but the receivers claim that Their
trust than to thsnseves because has as given anr the
Vermont Central a. sS1her hene Should ff have gone
to the trust, and that the profits should now lie &C
Second. the Montreal and Vermont Junction road
extending from Vermont to near st johns IN Caaua
IN viii. the eight
years under an arrangement made Win
ings and the furnished the entire equlpment
4 5Sad ss and a1 f
the receivers has amounted to about Y0 Cso n1
for Gov smith says he has always regarded the ar,
but , and has to peeeS ' oT
what if any. they ought to now account for .i,,o
from dhFh Isl PF o So h S5'ss '9i5a1
trust most of its wheels and 4"ea
called REALTY of IN on each s Tne Claims 5ne
that this i'll consideration of certain arfommoda
which he as Joint With ms IN anne
nephew who constitute the Foundry Co.: Although
the arket a camed that the convenience to the
road the SAVING in et We're n at # shn
about s , Sas IS ~ss s as fS5
benefit Of the trust and OF as oP th
a ine @ he saws he prefers to stand charged with
than sG3se to whom it W ssd Paw, S the receivers
for purchasing the Stan-tead, Shefford and Chanbly
for she Wateroo traway
The receivers claim that was md t rr 70
their falling into the hands of a rival road Iht
purchase and construction and thu
have proved M 1 treedd as he
private property of the receivers woman. o,rn., bv
xYR them I'd II. By
construction of the Montpelier and Vermont Juneti.r
asd we2 s as and the stansea shor
Chambly road operated by the trust about go Co., 10,
If Col. Foster has no offsets. the claims are Eood
o. seventh the National Car Company and Venom
and car m h P rene ie ans
| their friends. LANSING Mills, for a long tune tn
aes Dt OF its rat was fresdent
company and is President nov of the ronsoildatet
4 %ddnh1s andsons The testony in FesaTd /,
is ntn the r"a and ther ars have beer
yiven reference over the Vermont Central cars TIM
trust as was in need Of cars had the to huil'
and has been hn h, soh sd fy
nodations The security holders claim that the Re
censnence Of these companies the ha
not YET been ascertaned 49,, . a,,,,,,, ros+or
to the trust what lost constructing the Mlsss
Ka sn ab amS = an hnt they sh5u az
count for all losses from the Rutland lease which ar
"A; ditto from the O-densburEh lease am1untlnk
and 1st in the runnin-, thereof on the lakes
amounting. is claimed. to $?5oOo i.
trust money s5ooo6 Of stocks in the Nor,hern Trans
t"n ro addHsh + STOCK IN the Ween Hotel
A9an % in the Mt Mansed d Hs'e af II 1h stsTs
vestInents have increased the travel ever the road;
The SecTrlty holders claim that all should he aC
counted snr. well as 5000 loaned t. the Noodstoc
Railroad Company
Tenth, for several years the receivers have been
the. habit of retaining large number of attorneys u
and outside the state, only fe
Of whom have been called to do any business: SO
hey granted passes with great llNer;
Iity. appearing that most OF tn lroinlhth' mel
0lrnalists lawyers, politicians and all the State an
Federal office holders. even the Masters who take tn
accounting and all the Judges hold them. Furthtl
more, that when the O-lcnshursh road was leased
retainer Of S25 900 pad W &. Brown. VIII ha
attorney that road but 26 cent OF " me
Il claimed by receivers paid by other roads
the through line and, finally, that expenses We're II
Cured III procuring charters Of the Eastern Nernoi
| and Western New HAMPSHIRE roads, claimed by Il
have been for the bcneht OF the SUI Va
lease by the receivers to have been tor the bent
If the trust In each of these the security no
rrs claim accounting and the amounts. e-cert III II
matter of passes. asGtrtalned but the receive
that 1t all for the beneht Of the trust al
that passes concerned they have only fu
lowed geu.ra al custom
Eleventh, II appears that expenses were lncurr'
for Lobbying, at Mpntprll.. Concord, Albany al
WaShlnEtoa- Among these a-e annual payments
. Jn D. Hatch ho attended through each session
Montpelier. and dlsbursed considerable sums. +
made the regular books of the trust but he stan
char ed with portion of the secret service fund al
has entirely FORGOTTEN what he did with it 1t appea
alse voucher No. 792 that Hon. ID. A. Smalley thu
S3Uo from the trust account of Services and
: money paid out i'll the Legislature" The receive
| claim all these and similar disbursements We
| necessary. and they defend generally AGAINST I
claim that they should be accounted for. on the Hru
:, that the accounts have all been examined and a
proved by the committee of the hOndhOlders and I
5 persons couttstlug them IL court are stopped
such acton.