The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1875-10-23
for final adjudication, and when decision

for final adjudication, and when a decision
will be reached lie hazardous to predict
The scheme of consolidation of the Rut.
land and Central with your roal1, which
was contemplated when the negotiations
for.is sale were completed, has apparently
failed. The Rutland road has commenced
legal proceedings for the cancellation of
their lease and the restoration of their road,
on the ground of failure to receive their
rent. 1t has been expected that some con.
clusion as to their rights would have been
reached before this meeting, but various
delays have occurred, and the preliminary
hearing stands adjourned to November 10.
1t Is certainly very desirable that the Rut-
land lease should be terminated, as the
enormous sums paid by the Vermont Gen.
trail for rent have been mostly lost to the
receivers, and have diverted money TO
useless purposes which ought to have been
applied to paying the rent of the Vermont
and Canada In the present unexpected
and extraordinary complication of affairs
In which your road Is indirectly or directly
involved, 1t is impossible to form any def
mite plan of action to be submitted to you.
Your directors have carefully watched the
progress of the many law suits and person.
al conflicts which have arisen, and which
have 80 effectually interfered with the con-
summation of plans which promised a res.
| toration Of your rent, and they have taken
such actions to protect your property as
eminent legal counsel could suggest. While
unable to foresee with any satisfactory APP
prOach to certainty, what events or COM
| plications may take place out of the multi
| plicity of legal contests, the cashDg of
| individual and corporate interests now
| going on in Vermont, the expectation lie
entered that you will ultimately obtain pos.
session of your property, and that divi-
dends will be resumed through some chan
mel. We have been, and doubtless future
directors will he forced to rely largely on
legal advice, and the stockholders are TO be
congratulated on the fact that they have
the assistance in all such matters of the
Hon. G. w. Willard, an able, learned and
independent lawyer, who has the full con.
fidence of the board.
JAMES X. NICHOLS, President.
STATEMENT OF TIE OTHER SIDE.
Mr.. L, A. Sowles of st. Adams, one OF
the directors made counter statement tc
those contained in the presidents report
which was in turn replied to by Mr.. Sam
ue Wells of Boston. After these speeches
Mr.. Francis A. Brooks took the floor ant
defended himself and his course, severely
criticising the ''report" of the president
although he (Brooks) thought it speech
and from the fact that no report is made
] clearly shows dissension in the board. AT
ter quite lengthy speech Mr.. Brooks sale
that for some months past he had not beer
on cordial and happy terms with certain
gentlemen of the Vermont and Canals
company, and he closed by handling Pres
ident Nichols without gloves.
DR.. Nichols, the president of the road
rose and said the plea of Mr.. Brooks an,
his speech were personally offensive. H.
stated that in, regard to the discussions il
the board of directors, they were thos
arising by his (Brooks) own making, bu
when Mr.. Brooks comes In here and pro
fesses such alliances and interests for th
Vermont and Canada company, he woul'
say that Mr.. Brooks is member Of tn
page board of directors of the Contra
Vermont, and other Interests with Cover
nor Page, which Mr.. Brooks has permitte,
to run away with him. After considerabl
filibustering and spirited reply to MI
Brooks by President Nichols, who sal
that Brooks came here and wanted, to tax
vigorous measures and plans, but had sug
gested none and had none to offer, the bal
loting began, with the following result:
The ticket presented by the president an
his friends contained the names of Edwar
Bangs of Boston, Bradley Barlow, st. Al
bans John Curtis, Boston John N.
Griswold, New Bedford; William MixteI
pea'enS, Ja,nes H. Nichols uaverhIil
Samuel Wells, Boston.
The ticket presented by Mr.. Brooks cor
tanned the names of Bradley Barlow, 81
Albans |; Francis A. Brooks, Boston Ber
jamln p. Cheney, Boston; j. N. A. Gris
void, New Bedford Edward ID. Mandel
New Bedford !; < K. "A. Sowles, st. Adams
Samuel Wells, Boston.
- m'lv THE PRESIDENT SUSTAINED. 80
The result of the ballot was the electo
of the ticket presented by the president
The whole number of votes cast was II,
$40; OF these the Nichols ticket receive
from 1000 to II, 900 votes and the Brook
ticket from $500 to 1000. There was
good deal of scratching of names. TIL
directors elected are supposed to be in ia
vor of a pacific policy in its relations wit
the Central Vermont. d, ..,s..,,,..,..
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