The Portland daily press., 1884-12-18
RalLwAY MATTERS.
Maine Central Railroad.

The annual meeting OF the stockholders of
the Maine Co trail railroad was held at Angus
ta at 10 a. m. yesterday.
AT meeting of the directors of the road,
held the evening previous, Mr.. jackson ten
dered his resignation as president, and as
member Of the board. His resignation was
accepted, and the following highly compliment
ary resolution, citing his seven years service for
the road, and offered by Mr. Wilson, unani-
mously passed.
Whereas the Hon George e. B. jackson. after
seven years OF arduous service president Of this
corporation and undivided loyalty to its interests
has terminated his fcial connection with it. it is
Resotued, by the stockholders in annual meeting
That whilst the improved condition of the road and
the enhanced value of the securities issued by the
corporation are the most convincing tributes TO the
signal ability ana rare good Judgment brought by
President jackson to the administration of the
duties OF bis office, the stockholders desire to spread
upon their REQ rds their app ecaton of those quail
tiles in their retiring president aud of the nigh
integrity of character Joined with dignity aid
urbanlty of manner, which have made themselves
felt alike with the general public and the officials
ana employees Of the corporation to the benefit and
credit OF the corporation Itself.
Mr.. Arthur Sewall, who had been appointed
By the directors to fill the vacancy occasioned
BY Mr.. Jackson's resignation, took the chair ut
the meeting OF the stockholders.
AhC 0hAoal pukbo--&lEGduy ypQUllSl6Q--W6f0
read and accepted.
Hon. e. E. Webb of Waterville, represent
log the stock of Abner Coburn, Darius Alden,
r. W. Hill and others, offered resolution in
the name of the stockholders, taking the posi-;
tioD that inasmuch as the officers of the Bos-
ton & Maine road have given assurances that
the general management of the Maine Gen.
trail will be continued in future as in the past,
the transfer of the Eastern to the Boston &
Maine, and the practical union of the Eastern,
Boston & Maine and Maine Central roads is
regarded as for the common interest of the
stockholders OF these corporations and for the
public interest OF the State.
This resolution was combstted by Mr.. Pike
OF Calais. and several others, but it was Ge-
csared passed when the vote was taken.
The following board OF directors was chosen:
Abner Coburn OF SkoShegan Darius Alden of
Augusta, George @. Lord OF Newton, Mass
Joseph s. Kicker of Por,l4nd, Ames Paul.
South Na~market, N. H., William g, Bacon.
OF Boston, Frank Jones of Portsmouth,, N H.
Samuel Y. Lawrenoe of Medford, Mass, Tbos.
w. Hyde of Beth, Arthur Sewall of Bath,
William G. DAVIS of Portland, Horatio N
jose OF Portland, j hn Ware of Waterville
ATT subsequent meeting OF the direc,ore the
board organized with the election of Arthur
Sewal president, Payson Tucker vice presi.
IL
DfummoDd clerk. The usual committees
were appointed.
The change in the board of directors is cans
ed by the retirement of Mr.. Phillips OF Salem
Mr.. Olney OF Boston, and Mr. Morrison OF
New York, representing the interests of the
Eastern railroad, and MIR. Jackson of Port
land. Mr.. Gro. q. Lord OF Newton Mass
president OF the Boston & Maine, Mr. j. s
Kicker OF Portland, representing the Boston &
Maine road, take the place OF the three gentle.
no forms riy ufad tha int
the Eastern roao; ana Mr.. John Ware of Wa
terville, succeeds MIR. Ackson in the director
ship.
Mr. Jackson has been most efficient and
snccesstni president, aud he will retire with
the respect and cor fideDce of ths stockholders
ard the public. Mr. Sswsll is we'll known as
The largest ship-huilder of Maine, very sue
cessiui business man, and president of the
Eastern railroad. lie is young man. under
90 y, ars of age, of large busiuess experiences
and h. will bring to his new duties the reou g.
tie qua tiles TO win S. ia his now fisla of
labor Tbe reteftion OF Mr. Tucker, 10 whose
marked ability aud great popularity is in
gsset msasare due the success of the Mains
Ceutra road, ls ths BEST assurance that the cit
izans ui Maine car have, that the management
OF this road is to remain in the right hands
aud that its development and the development
OF the State Will go and in hand. Few men
possess the ability to mango 3 large nrivate
corporation Tor the interests of its owners and
the public, in so succt ssfnl and satisfactory
manner as does Mr.. Tucker. and it is a matter
OF public congratutatiou that he is to be re-
tanned as the manager of this great CORPORA
ton.
The following clrcular has been issued:
PRESIDENTS OFFICE,
PORTLAND, Dec. II, 1884.
TO Heads Of Departments and Employees.
An "a es ana regulations Low in 1orce on the
Maine Genital wi continue in force uAtil further
notice.
Chief Heads of Departments viii report direct to
the General. Manager, and the General Manager
will report TO the President.
ARTHUR SEwALL, President.
Neses.
At q meeting of the New York & New Eng
land railroad in Boston yesterday the new
board organized by the choice of w. r. Hart
for President, with Messrs. Higgirson, Leith
Master, AXE and Tower upon the finance
committee. The subisct of aqiasting the
financial troubles of the road was confided to
the finance committee with full powers to act
therann