The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1876-07-27
RUTLAND RAILROAD COMPANY.
Annual Meeting.

| ne annual meeting OF the Rutland rail-
road company was held at the office of the
president, in the depot building, on We'd
nesdey afternoon. The meeting was not
as largely attended as some former meet
ings The proceedings were harmonious,
and not ripple of discord appeared in the
entire proceedings The questions which
were asked relative to the affairs Of the cor
poration by various stockholders, were
promptly and fairly answered by Governor
Page, and a general spirit of satisfaction
was manifested at the exhibit of affairs as
presented in the presidents report. Entire
confidence was expressed on all sides at the
management of the affairs of the corpora
ton.
Among the stockholders present we're +.
A. Birchard, Peter Butler, Jacob Edwards,
Boston j. Mason Everett, Canton, Mass. !;
NE. Emerson, F. A. Willard, Lynn, Mass !;
James w. Hickok, Burlington ; J. II.
Williams, Bellows Falls; WI. Donnelly,
Beverly, Mass. II. L. Snow, P. Wood
ward, Cambridge, Mass. Charles Kick
ling, Boston; Walter A. Lamson,
Lowell, Mass. Henry A. Mari,
Newburyport, Mass. W. A. Hutchinson,
II. G. Smith, George G. Smith, G. l.. At
wood, Augustus Whittemore, G. G.
Pecker, Clinton Villas, Edward Ayers,
James Ii. Williams, F. d. Fearing, g. H.
Jackson, Boston o. D. Capen, q. B. Ca
pen, Canton, Mass; E. Whitney, S. p.
Trask, Dedham, Mass; B. H. Dewing,
Revere, Mass. John Preston, S. o. Dali
rymple, Samuel Hutchinson, jr., Salem,
Mass; j. J. Flint, Aver, Mass; G. G.
Stone, Charlestown, Mass; S. Haynes,
Springfield, Mass; G. H. Greenfield, Lynn,
Mass c. 0. Lawrence, E. E. Lummis,
Newton, Mass. A. Allen, Beverly, Mass.
PROCEEDINGS AND ANNUAL REPORT.
AT three o'clock p. m. the meeting was.
called to order by Hon. John B. Page,
president of the corporation, who read the
call, in the absence of B. B. Smslley, ESQ.,,
of Burlington, the clerk, who was detained
by the serious illness of his father, Hon.
d. A. Smalley.
Joel Nj. Haven, esq., of Rutland, was
appointed clerk pro tempore.
President Page then submitted his an
nual report of the financial condition,
which is as follows:
Annual Report, 1879.
TO tile Stockholders The financial con-
dition of the corporation as appears from
the treasurer's books is as follows:
BALANCE SHEET, JULY tsr, 1876.
Capital stock, common. 100000 90
Capital stock, preferred. 4,l6s,7 100 0o
Bonds. equipment. ........... 1000, 900 0O
Bonds, LIST mortgage. 49,. 81 10000
Bonds, " on hand. $4,000
Dividend scrip acknowledgements" 1921 494 IS
Coupons unpaid. OBSERVATION-DISCLOSURES. $50 0O
Bill payable, less bills receivable. 256,s7s 50
sY.449, sss 81
Construction account. ,094,s43 SO
Real estate ................. ll6,92o 81
Addison Railroad stock. l7s,lOO oo
Claim against Addison railroad
company TO Offset back dividends
on stock in that company not
owned by Rutland company 4s,sl3 IS
Rent due from lessees. ............. 1850 0O
s0.449. SIS 81
In the settlement last February, with the
Central Vermont managers, there was
charged them the balance due on rent &C.
count as stated in the last annual report,
viz:
RENT AcCoUNT-DEBIT.
1875. July /. Due and unpaid, not in
cluding Interest,". ................& 27l 1863 o.
1876. January I. Due on Rutland and
leased roads TO date, per terms OF
contract Of December 30th, 1870,
six months rent. 1874, 800 90
Interest due ON account. ........... 2l,o0o 90
1927 1915 90
This Balance was adjusted ny
CREDIT.
Cash and notes. .&34s, 3il 40
Addison railroad stock, with the back
did Id thereon. ............... 46,400 90
Claim against the Addison railroad
company, assigned. ............... 102,04y 10
Amount relinquished. ................ 12s.sl6 80
so27,s15 90
The rent of the Rutland and leased
roads, under the modified contracts ratified
by the stockholders at the special meeting
in February last. for six months ending
July /, 1876, amounts to $3.50, 900, all Of
which has been paid except Sl1,500
The receipts for the year ending July 1
are as follows:
Cash and notes on rent ACCOUNT. s625,sii 40
Cash for ground rent, ...:..;... I9t %