Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1881-01-21

i'''h 81 9'iih ana '''''
In the snow.
And this reminds me of the matchlcss pen
cilings of the frost king on the large win
dows in one of the stores here that of Mr..
VIM VI. Spooncr, IN the Stevens Block. For
days the mammoth fern leaves pencillcd upon
of admirers with tho atmosphere five and sin
degrees below zero. When the store is light
cd up the effect is simply wonderful.
The sleishng is Just gay, and last even
ins an eight couple party started out at an
early hour, intent on getting up surprise
for the Misses Abbic and Lizzie Vain
wright of Middlebury, who formerly re-
sided here. Sixteen buXom lads and
lassics" made it hard Shedding for one span
over heavy road. 1t elected no surprise
that they got stuck" in the snow on Bar
roughs's hill John" footed ii back to the
Stevens House, secured team, divided the
party, and all went swift and merry there
after The surprise, the reception, the Go
rious time generally, will they not all be
found in llopkinsons carefully written an
mails of Life in We Oldest city -
As | am about 10 close the pain
full intelligence is flashed over the wires that
Miss Mary +. Smith, residing at Mrs. II. VI.
Grants, in your city, died last night. Many
q heart here will be deeply saddcncd by this
unexpected intelligence. Miss Smith was u
sister of Judge }. d. Smith and Mrs. 5. 5.
Morgan OF this place. She is connected with
the oldest and best families in this part of the
county She was for years prominent and
useful member of the Congregational church
an old and influential teacher in the Sabbath
school, and foremost in every good word and
work of - local and humanitarian nature
Mr.. and Mrs j. ID. Smith left here to-day
for Burlington We all hope that the final
services will he held here, where her many
friends reside q
TnE RuTLi:,n RAILROAD report OF
the Vermont Railway Commissioner that
the biennial earnings of the Central Vermont
and its leased roads, up to July last, were
1 =
that date the earnings Of all trunk roads have
been LARGELY increased, has agitateI the stock
holders of these Vermont roads upon the
matters of dividends. Those OF the Rutland
especially, who hold the preferred stock are
the more ANXIOUS 1t is now known that the
last Rom, 81, 500, of the Rutland llnaiin.
debt was Cancelled on Monday and that the
Brandon creditor has made clean release
So that this line OF one hundred and twenty
miles, from burlington to Bellows Falls is
in an excellent position, financially. This
road has now out standing : 500 900 siN per
cent bonds and II, 800 O0D of tvo per CcHl
bonds ndcr the terms of the latest lease OF
the Rutland Ia the Central Vermont these
two roads. together with the Vermont and
Canada and Addison, were To pool their
earnings, ami alter - per cent had been de
Quoted tor expenses The balance was I" he
divided. The Central Vermont and the
Vermont AMI Canada, however, agreed that
the Rutlands receipts should not hc less
than S35S, 900 per nunum. This was based
upon the proposition that the Rutland alone
cunld earn - sOO, 900 This income guar
nn,ccs the dividends Of Sl6;., O0p and the
balance. 80, 900, is sufficient To- pay the
Rutland preferred Stockholders - Il share
dividend ON their four millions of stock.
This rental which the Rutland receives
is equal to y 10 per cent of the estimated
net earnings of the whole Central Yer
mont line, and in view of the increased
receipts which all other routes have had,
there is an opinion amongst many of the
stockholders that the current annual earnings
on the whole line ought 20 be very close To-
-. 80 900 which, ii correct would give them
dividend OF 81 a..slare. 1t is understood that
Governor Smith aud Governor Page have ar
ranged for the looking over of the whole line
/ accounts by the arbitrators named in the
lease when il was executed. The prospects
for the earning ot a dividend on the -, BOO
| 600 common stock are not very encouraging
until after the present lease expires about
nine years hence. Al that time the pre-
frircd stockholders intend taking possession
ri The property, while some of the more
prominent ones insist that il the Rutland