The semi-weekly miner. [volume] (Butte, Mont.) 1882-1886, 1883-09-22
DAY DISPATCHES
The Northern Pacific Stock.
holders Meeting.
Governor Murray on the Nor.
mon Question.
Killed and Wounded by a
Boiler Explosion.
Parti-C0.0red Political Con.
VentiOn.
Northern Pdcinc Affairs

NEW YORK, Sept. 2O-The follow
ing is in addition to tie portion mh-
lished yesterday: While the olJpr
portions If the road show a sa,is
factory increase in the rate of earn
ing4 to the total mileage, it Was hoo
esSarily less for the iisc | wear inst
closed than the preceding year. from
the fact that of the aulit iopal 1n
miles of road operated ,neariy go vera
newly constructed, the line lrayers.
ing a region where the road hid Gro.
Ated settlement and Il bushes, field
as it advanc. d. The earning cap,citv
OF this mileage will o ~ be demon.
Strated, now that a rOnneci On Of oir
tracks has been effected, and the limo
opened to the Pacific coast. OF tho
proceeds or the bonds, 81, 54:3,G4b WAS
paid June 80, 1888 :, to the Oregon and
Transcontlnenthl compnly, ON ac-
count OF Indebtedness L., it FIR loans
and advances. The -xces, of .Xue1,.
dilureS on account of cunslrlciion
and equipment amounting q -, 81.
5O7 Ovtr The Cast, re.e pi, from lhp
proceeds Of S4O,UOOU0U Of general
mortgage bonds, the s"le OF pro elly.
stock and other sources OF Income,
arises from several callsrS, Chief
among which are the Increased cast
Of constr uctiD II bpyO d the e grn,ers
estimates for expenditures for motive
power and 'Olling stock. t. keep pace
with the increased traffic of The road.
70 AVOID tue embaIras,lueiltSui iayue
floating liabilities, arrangements were
entered lntO with the Oregon and
TranscOutinental company, under
which that c mp my MAS to make adj
Vances o. the money IL Co, and 10
accept therefor such III grliabIt Sc.
curity us this company Is cuIl}elent
t. give, the terms and form thereof
to be decided il+reaf' er. The time az.
pears at hand tor Il sIrlcler r-cng,Ii-
ton ami satisfaction ct the claims of
preferred stock, under The plan of
reorganization with the certainty of
increased earnings.
The following resolutions We're
passed at a meeting OF the S10cklUld-
ers of the Northern Pac. C Railway
company to-day:
WHEREAS. On the 9Th dav of Sep
TENDER, the main line Of the Northern
Pacific was completed, SO as to fur
niSh d through line for trafiir bet
ween the Atlantic and Pacllc, a
highway for the commerce Of Europe
and Asia, and above all Il fau dation
for the prosperity OF future States
and of the millions of citizens of our
own country; Ill event of great I'M
rOrtance not 'nl, to the stockIlo.tjerS,
but also to the people Of the United
States, and one which but a few Wears
ago seemed to be a hopeless accom-
piishment; and,
WHEREAS, it is fitting that We
place on record the testimony OF our
appreciation OF the Efforts made to
achieve this result, aud our COM
mendatiOn of the means ly which it
has been att lined; therefore.
ReSoiCeG, That we, tie Stockholders
of the Northern Pacific Railway ON
pany, in this u annual NEE. my as
sembled, do hereby tender 10
the board of directors our earnest
thanks for the faithful DISCHARGE Of
the trust committed to them. for the
wise measure s ihey alopteit;! provide
tllC A1Coho " olipINt INV Sl|"
undertaking of the construction Of
the Northern Paciic ri lway, and We
Otftr them our Congratulations en-
the success that has crowned tier
work.
Il sclued, That the thanks ct the
stockholders are due, and ale iterehy
rendered to the president vi the com
pany for the zeal. determination. I'M
tliing energy, s gaclty and t'leS'-h!
diSnlaved by hiin in employing ana
carrying out to y triumphant Issue,
in the tacp IF unpaTaElel Il Obstacles
aud difficulties tile et,d desired.
Resolced, That the vice president Of
the cOmpan, is also entitled to ant Is
hereby rendered the thanks ii the
stockholders for tie tuiliItu!1rss.
skill, judgment and ronsU in'na;+ aill-
ity with which he has ni;t!lageh the
business OF the constructors and nlei-
alton OF the rail way md property aud
other interests of the company.
Resolc-d, That tie complexion OF
the Northern Pacific raiiln. Il entities
the projectors of the enterprise ana
thOs who bravely undertook rs tA-
ecution, the d. voted Number "ho
have adhered to its fortunes through
good and evil report, and Tie liz"
men who have recently iolne'! the Ell
terprise. pIedgin2 their fort Hes Hfa
Credit TO secure ITS early colhfIrIlo"'
to the thanks of the stuckiGlGtl, ahu
Of the whole country.