Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1881-07-22
.ATTLER.

Meeting OF the Canal Board-The
Board Of Directors of the Chesapeake and
Ohio Canal Company held the first meeting
since the election Of the new Board in Balti
more, on Tuesday last There were present
Senator A. Z. German, president; Benjamin
Fawcett, secretary Col. JAS G. Berritt, II.
ID. Farnandis, Patrick Hamill and Major
Morgan, the latter representing the District
Commissioners on the Board. The absen-
tees were Messrs. lIumbird and Bayard
Smith. The president and directors present
took the oath of Office, as required under
the law of Maryland, for the faithful dis
charge of their duties as members of the
Board President German announced that
the first business was the election of officers
Mr.. Benjamin Fawcett was reelected secre-
tary and treasurer, and Stephen Gambrill
was reelected superintendent of the canal.
The salary of each was continued at $4,000
year. Senator German, it will he remem
bered, was elected president at the stock
holders meeting which fixed his salary at
$4,000 year and $1,000 for travelling ex-
penses The other officers of the canal hold
their appointment under the president.
After the election of officers, Mr.. German
submitted his monthly report, giving an nc
count of the condition of the canal since the
last meeting. He stated that he and other
officers of the canal had made an inspection
of the waterway last week, and had made
the necessary preliminary arrangements for
the engthening of the locks, as authorized
by the stockholders meeting last month
Arrangements have been made for the pur-
chase at reasonable terms of timber, stone
and other material required for these i'm
provements, which will be pushed forward
at once. II is expected that thirty-iour of
the locks will be heightened in time for the
opening of navigation next season, when
there is every reason 10 hope for an in
creased trade and increasing revenues I'M
der instructions of the annual meeting of
the stockholders the repair bonds will be
issued from time to time, as the work pro-
crosses, and the proceeds applied to the
payment for the improvements. The total
amount of the bonds appropriated for the
purpose is $500,00O but $450,000 will be
sufficient 10 pay for the entire work, and of
this sum about $95O,00O will be expended
this season. The canal authorities will dis
pose of the bonds on the best terms they
can secure for them
Mr.. German devotes considerable space in
the report TO the trouble in the Cumberland
crossing cases, and explained that since his
report closed the crossing has been peace
ably effected, and that now the Georges
Creek Railway has direct connection with
the canal. This arrangement will, il is be-
levcd, result in advantage TO the canal as
well as to the railway company. The COM
petion of the West Virginia Railroad, of
which Hon. ii. G.. Davis is president, which
will traverse the coal fields in West Vir
gnia, and will reach the canal by means of
Il connection with the Baltimore and Ohio
Railroad, is anxously awaited, as an addi-
tional feeder Of tie canal. The road will
be in working order in about two years.
| Under the order of the United States Cir
cult Court quarterly reports Of the affairs OF
the company continue to be made. This in
wolves additional work, and an additional
clerk had 10 be appointed on that account.
| The Board transacted the usual routine bust
! ness-I ltlt0 american.