Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1875-11-29
w. e., Y. VI. a. q. - AZ 3,

w. ~, " vi. Az u. s.. IL. az
As stated In the G@z, t." oil SATURDAY. tho
Stockholders Of the ". e., Y. NJ. SH, 5, 4
r. convened 10 annual meeting in Summer.
field Hall, Dauvllle, ON Thursday.
The meeting was cal led to- order bv the Pros.
ldent, Join S. Barbour, ~ whosc motion. .Jpo
Is. Smoot, of Al xandria, vas called to the
chair, aud the Secretary of tie Company, Col.
L. W. Held. designated as Secretary ex oficio.
On motion Of Mr.. James NJ WEittle, Of
Plttsylvapla. the Chair 1as directed to appoint
comat'ee Of three to receive and examine
proxies.
Under this resolution, the Chair appointed
James NJ. White. Of Pittsylvania, B, II,
Nowiin, Of Lynchburs, and Mr. John ".
| Bui Ike, OF Aexaudria
Ou motion of Col. William E. Sims. the
representatives Of the press present were re-
qucsted to act as Assistant Secretaries
On motion of J. 5, Barbour, esq, the meet
lpg adj turned to $3.50 D clock D. ID. to allow The
Committee on Proxies time to act.
Upon re assembling the Commit ec on prox.
les, through its Chairman, made report show
lug the whole number Of shares to be S0,3l2
and the number present, prop .rly represented
to be 69,172 largely over quorum.
Inc President submitted his report, show
log the total receipts aud income Of the road
Tor me fiscal Year TO DC 81 ,033 $50 81, aud net
earnings (aiter paying EXPENSES Including
sal, l44.44, tfackaee charges to &. e .. r. Il
Tor use OF track between Gordonsvllie and Char
io'tesVllle, and the Alexandria and Frcdcricks.
burg, and Baltimore aui Potomac Railroads.
north of Alexandria, to b. S40l .5l2.72; ratio
VI Working expenses TO rtcrpt- 57.lS-lu0
per Cent
lhc report also shows the mortgage debt of
the Company TO be Sc, 667 ,454; fl ,ating debt
secured, S966O46.54; d.. unsecured, 1882,
O92.O4; tota' debt, S. 225, 1914 u.s.
lnc report iurthrr ~XnreSses regret that the
nnancla condition. OF the Company is not more
satisfactory, and states that means had been
adopted to lessen the expenses and bring the
Necessary outlay within the limits Gifts income
Which proved 10 BE- OF only temporary relief
owing to the lack Of business consequent on
the depressed condition Of the country. 1t al
SO attributed the snallnesS OF the receipts to
the low rates OF tonnage aud passenger travel,
necessltalcd 10y the compcttiuD ut her line
Col. VIM. Z. Shepherd, Chairman of the
| Examining COMMITTEE, submitted his report,
highly coumend'ug the general business aud
management OF th Company, and reciting the
various improvements on the road.
On motion j. W. Burke, esq, of Alex1n~
ora, Committee OF seven was appointed, tc
which was rete red the reports Of The General
Manager and Examining Committee
The cumuIlttcc retired ADD after consultation
returned, and submitted the following report
when was adopted
The committee, t. which were referred the
report OF the President Of the WASHINGTON
City, Virginia Midland and Great Southern
Railroad Company, and the reports of the Gen
cral Manager and Examining Committee, this
day rendered to SAID company, beg leave re-
srectiuy TO report that from the opportunity
afforded them ior be examination of the docu
mcnts aforesaid, they have no reason TO doubt
their accuracy, and recommended that they be
adopted by this meeting.
Mr. John w. Burke uomnat ID Mr.. John
5. Barbour Tor President, and there being no
other nomination, Mr. Barbour was unanimous
| y elected.
The election of Directors being next in order.
Mr.. Burke nominated all Of The old Board
Mr.. VIM. I. Clarke, # Danve, declined
reelection, ami Mr.. }. w. Pace nominated
| Mr.. Z. 4. Holland, of DanviIIe, 10 Captain
Clarke S stead, w:n was elected with the form.
er members of t!,e Board
The Directory, a. now constituted, stands as
fellows: W. q. Cazcnovc, G. f. Suite, AL
cxandria; f. &. Marshall, Fauquier; S. A.
Cotfuan, Rockingham; d. F. Slaughter, GU
pepeIi ". D. Hart, Alaemarlc; r. y Cnghlll,
Amherst; {. NJ. B:acktnrd, I. &. :. Ferguson,
Lynchourg; W. E. Sims, Piusylvana; g. t.
Pace, Z. u. Holland, Danville.
The Chair appointed the following examin-
lng committee for the ensuing year Vim. p.
Shepherd, John NJ Chapman, j. NJ Booker,
w. II. Payne, john g. Mecm. jr.
On motion of Col. VIM p Shepherd the
usual number Of reports We're ordered to be
| priutad.
Capt. Eugene Davis, of Charlottesville, sug-
gested change in the time Of holding the an
nual meetings Of the company, and offered the
| following resolution, which was adopted
| Re&otred, That the first bylaw of this Com
| psny be so changed Ms to read as follows 1.-THE
annua! meetingof the stockholders of this Com
pany Shall be held at such me and place as the
| DIRECTORY may appoint, upon giving notice by
pubhcatl n tor twenty days in sch newspapers
| rs the Directory may order, and the usual re-
ports shall he printed I'D circulated in advance
OF the meeting. Extra meetings Of the stock
holders shall be called By the Directory upon
the Application in writing of It ckhoiders hold
ing IN the aggregate one, tenth OF the capital
stock OF the Company
Va motion, the me- ting adjourned.