The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-01-07
Z Grows RAILWAY.

Annual MeeIing Of stockholders Yes
IeriRy -EIseiiOn OF DirseIOFs-COndi-
lion Of the ROAd-SlAIisIieal uAtIeEs,
The stockholders Of the Elm Grove Rail-
way held their annual meeting yesterday
afternoon, at the Court House. Nearly
two,thirds Of the stock was represented,
and q very amicable and satisfactory SEES.
sion was had-much 0 SO tAan last
year. The stockholders present were
Measrs. O.. @, Dewey, ], D, Du Bots, Bishop
j. ]. Kaiu, 81. Reilly, ]. J. Woods, James
McMechen, DR.. ]. Z. Reeves, Judge G. L.
Craumer, Geo, R, TiugIe and R, A. Nc
Oabe,
The meeting was organized by eleCting
DR.. Reeves Chairman, aud Mr.. Samuel
| Matthews Secretary. The Secretary then
read the annual statement oil the receipts
and expenditures Of the company, which
showed al increase in business OF % per
cent over any former year, which ID GER
taiDly o very gratifying announcement.
MI. Dewey, who has taken an active
part in the management OF the road Tor
the past year, was called upon to make q
statement OF his views concerning ils
p esept condition and its future. In re-
Spouse to the request, that gentleman
stated that the road was in a better work
ing order now than it had ever been. Not
withstanding the heavy expense OF the
past year, the receipts have been 20 per
cent greater than any previous year
About 81 900 had been expended on the
road, eievatlng the grade on Sixteenth
street and the Peninsula, and laying down
heavier rails on the Peninsula portion oil
the road, and the same amount had been
spent for extra cars to meet the demands
OF increased businees, and nearly $l,UOu
for horses.
Mr.. Dewey thought that what was most
needed at present was q larger stable. the
present ones now in use were Insufficient
in CspsCity, He 0poke in favor Of erecting
new stables nearer, but outside OF the
city, mentioning Fulton or the Pcninsula
as suitable places, These matters were
diacussed and will probably be acted on
by the new Board OF Directors.
The matter oil steam or compressed all
~ n motive power was brought up, but no
definite conclusion was arrived at, and the
subject was accordingly relocated to the
Board OF DireCtorB. A comparative state
ment OF tho receipts Of the road for foul
yeaVs, prepared by Secretary Matthews, was
read, which was designed more for the In
speCtion otthe stockholders to satisfy them
Of the steady increase 0 tthe business than
for u mere formal document. 1t was
scanned by thoSO present, all Of whom ex'
pressed their satisfaction OF the showing,
Before proceeding to the balloting tor
members Of the Board OF Directors, q mo
lion was made cutting down the number
to compose the Board from seven 10 FIVE,
which proposition was carried. The bal
Ioting was then begun, Capt. SitgTeayes
and Frank Ritter acting 90 telleTs, and the
result OF the same showed that MeSsrs. ].
D. Du Bots, 0. U. Dewey, Bishop Kain, NJ.
Reilly and Il. A. MCOsbe had received a
majority OF the votes and they were &C
cordiDgly declared elected. They will
meet sOme time In the near future and
organize.
The prosperity OF the road will be graft.
flying intelligence to the citizens In general
and the stockholders in particular. Mate.
rial improvements in the equipment Of the
road are contemplated Tor the present
year, and It Is more than likely that at the
end Of 1881 it will show q greater increase
in the receipts than In any like period In
the history OF the road.
Following VIC give an interesting table
OF u comparative abatement OF the receipts
of the road for four years: