Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1876-04-07
The New Steamship Line to the IA


From the PhiladeIpnA North American.
The annual meeting of the Panama Railroad
Company was held % the Sd inst. aud re-
suited in the election of the following directors ::
john R. Marshall, Treuor w. Park, FEEDER
lick Butelfeld, of +. Butter6eld & Co.; Chas
G FranckIyu. John z. Jones, Uuited States
Senator from N.vada; Th2m,s Clyde, of the
Clyde line of steamships; Samuel &. Tbomp-
,ou, President of the First National Bank Of
New York; Andrew Boardman. H. H. Baxter;
| George A. Hoyt, manager of the Pennsylvania
Coal Company; j. q. Mccullough, late Attor.
uey General of California; Wm. ?. Clyde.
| President of the Panama Transit Steamship
Company; John NJ. Burke.
The new Board OF Directors organized yes
terday by unanimously eleclng j. w. Park,
Presideu;; J. G. Mccullough, Woe President,
and W. j. Emmet, Secretary aud Treasurer
The Board decided to take immediate and et-
fcctiva measures against thY Pacific Mail Com
pany, to recover 100000 due the company.
As they had failed alter every effort to collect
it, the quarterly dividend of three per CT,
am )unting 10 s2l0 900, must be pa scd on that
account.
The new Board gives the Panama Transit
Company, the Panama Railroad llne OF steam.
ers, and Pacific Mail rival, large representa-
ton. This, coupled with the TACT of hostile
notice, accounts for the depression in the stock
| of the Pacific Mail Company. Following is the
notice
"Ou and after the 81 day Of April, or from
this date. all freight and passengers from the
port oil New York 10 the part OF Sau francisco,
aud from the port of San Francisco to the port
oil New York, which shall leave either port by
any Of your steamers after that date III OF
Apri), to be delivered to this company for
tran ,po,tation across tie lSthmus, will be-
charged for according to the current existing
| ocaI tariff rates, the same ss charged to others
for similar services and that iu like msnoer
yGur c. N ;,auy will be charged for ligherage
service al Panama at the same rates az Is
charged others by tbs company Tor Similar ser
vice; and further, III view OF the fact that your
Company is DOW so largely in arrears to this
company for such service 10 the past, you are
hereby further oot6ed that payment IN ad-
vance will be demand, 90 the lsthmus before
| receiving or transporting or lghterlng any
| freight or passengers delivered by your COM
pany to this company 10 be forwarded trom
the port Of New Ynrk to the port OF San Fran
cisco, aud Fl m the port Of San Francisco to
The port Of New York.
| If this is carried out to Its fullest extent 1t
will of course seriously emb,rrass the Pacific
Mail Steamship Company, as it will be almost
an embargo, preclud1ng its doing business Ar-
plicltloD 10 the officers OF the Pacific Mail Com
pany elected the statement that they had re.
ccivcd the notice, but, owing to the fact that
they had held no consultation, they we're not
prepared to make any statement 10 relation to
the matter.
The steamship Crescent City, 5000 tons bur-
then, will ina ugurate the business of the Pana-
ma Transit Steamship Company, leaving New
York on the 10th of this mouth.