The Portland daily press., 1884-01-16


And the first ten gentlemen were declared
elected. MIR. John q. Tukesbury threw the
city vote without any protest. There were 65
stockholders represented either in person or by
proxy.
While awaiting the report of the committee
on receiving and counting votes, Mr. w. s.
Dana asked the president to give an outline of
the business of the road the past year and its
future prospects.
President Anderson then said that it would
De well II the report was read before any ex-
pianasion was made. A good deal of what he
said will be found at the Conclusion of she. Al
rectors report, although the president spoke
more in detail. He referred to the slowness
OF lumber causing the falling off in local
irelghtS, and that no ice was hauled over the
read last year, which was unusual The
through business, both freight and passenger
had been about the same as usual. He referred
to the fact that the western connections to Og-
densburg had been 'debarred them because the
Vermont Central controlled the IA miles from
Swanton to Maquam Bay, and while the Yer
mont Central accepted the decision of the COM
missioner that they must haul the Og6ensburg
freight at so much ton, they would not re-
cognize the color freight lines,' so that the
Ogdensburg had to reship their freight at that
point, for, it will be remembered, the OgdeDs-
burg belongs to the blue line" Messrs. Van
derbilt and Phelps have now built asline for
this fourteen miles, and now there will be no
obstruction to business, since the color lines
nection. The president spoke of the piece
of wood from the west bank of the
Connecticut, reaching from Fabyan's
to Scott's Mills, IL miles, which has never
been built bat could be constructed in 80 DAYS.
When the right was obtained BY the Ogdeus-
burg to change its route from Littleton to
Dalton, contract was made to go over the
Boston, Concord & Montreal for five years AMI
pay $1,000 month, the sum being, later.
reduced to 5000 a month. This contract ex-
PRED last june and subsequent to that time
the b. =. q M, said this rental must be raised
Either the contract must be made permitting
our own trains and engineers to pass over their
road, or larger sum must be paid that road
for doing the business. There is an evident in
clination on the part of that road to agree
with us, and a report vas expected from
them to-day SO that 1t could be presented at
this meeting. Ii the B. @. & M. does not
agree with ug then that link of II miles OF
road must be built, and if necessary, parties
under certain circumstances, would be willing
to furnish the money to build the link But it
must be remembered, the B. G.. & M. have not
shown any disinclination to make satisfac-
tory contract.
The president then referred to the improve
ments made on the road the last year, the
large fills, and heavy culverts put in, and the
decrease Of the grades, which, if not done in
the cheapest have been made in a substan-
tial manner and SO as to make easier work for
the motive power.
Judge Eastman asked the president if the
time had expired giving the road right to
build that u miles OF road from Fabyan's to
Scott's Mills.
President Anderson said, no till $780, and
the Ogdensburg built its own road at that
place the grades would be easier He then
spoke in high terms Of the company's yard,
well filed with cars, the Montreal lumber
brought over the South Eastern road having
been considerable. He thought larger bust
ness would be done over the Canadian Pacific,
and referred to the advantages in such case the
companys yard, and their wharf, where two
steamers could lie at a time, would be to
them. He referred to the fact that the inter-
est in this road by other lines was ten times
greater now than ever before, and that the new
management Ut the Ogdensburg and Lake
Champlain were active, progressive men who
extended to this company the hand of friend
ship. They believe in Portland and in
Northern New England line. They have
made contracts for large fleet of steamers AID
sailing vessels on the Lake and are in a condi-
tion to carry out their plans. They want to
have through line with Portland If all
plans are completed tho original plans of this
ROAD WIN see frultion. The coming season will
see a through freight and passenger all rail
line West There is not much money in an
all freight line, but a road wants it. 1t is al
ways well to be able to supplement rail and
water line, with an all rail line,
Some little conversation took place between
the General and Judge Eastman about some
work to be done at Conway Centre which the
general said, should not ipiure the judges
property at that point.
At meeting of the directors hold yesterday
afternoon the old officers we're reelected as
follows:
President J. Anderson.
Treasurer-John W. Dana.
Clerk-Charles H. Foye
Observation-Disclosures Hamilton,
Chief Engiueer-John +. Anderson.