Savannah morning news. [volume] (Savannah) 1868-1887, 1885-05-15
AMONG THE RAILROADS.
GlcaninGs from Along the Track and
Crossties.

The Augusta, Gibson and Snndersville
Railroad has just received two very hand
some new cars. One of the cars received
is divided for mail and baggage purposes,
and the other solely for passengers.
On and after Monday, May IS, train
No 3d. on the Charleston and savannah
Railway, VIII leave Savannah at bop. m.
instead Of 2:03, as at present, and VIII
run on Sundays as under the present
schedule.
Mr.. w. H. Hughes, Northwestern Pas
senger Agent OF the Savannah, Florida
and Western Railway, at Chicago, and
j. T. Hosford, General Passenger Agent
of the Georgia Associated Traffic line,
with headquarters at Chicago, were in
the city yesterday.
The stockholders of the Talbotton Rail
road Company met at TalbottOa Wednes-
day in the court house. There were 34S
of the $50 shares Of stock represented in
the meeting. The Presidents report
showed that the gross earnings OF the
road for the past year were more than
$4,000. The following Board Of Directors
were then elected without opposition:
w. IL. Martin, +. L. Bardwell,
J. II. Martin, r. Leonard and W. X.
Dennis. The new hoard held a meeting
in the afternoon and elected DR.. Il. l..
lbdluNtlA L It6licuAs anu " IL Au al li1l
Secretary and Treasurer and General
superintendent, position held by him
since the completion of the road.
dividend of per cent. on the capital
stock was declared, to be paid May 10.
The annual convention of the Georgia
Railroad stockholders at Augusta Wed
nesday transacted no business beyond
electing officers, because under the lease
the 10 per cent. dividends are SO satisfac-
tory that all interest in the once crowded
convention is lost. President C. II.
Phinizy presided, and Cashier Charles q.
Goodrich acted as Secretary. The cleo
ton resulted: President-Charles II.
Pninizy, of Augusta; Directors-M. L.
Athens; Stevens Thomas, Athens; Josiah
SIbleY, Augusta; George Hillyer, At
lanta; John Dawson, Augusta; VIM. NJ.
Reese, Washington; Joel A. Billups
Madison; j. III. Alexander, Augusta; II.
ID. MCDANIEL, Monroe; H. Ii. Hickman,
Augusta; n. l.. Hutchins, Lawrenceyille;
Ferdinand Phinizy, Athens; D. n.
Speer, Atlanta; 4. w. Calhoun, At
lanta, and 7. W. Caskery, Augusta. The
flftleth annual report Of the President and
directors to the stockholders was submit
ted, making a most satisfactory showing
The resources of the road show the road
and outfit valued at 81, 200, coo; banking
house and real estate, $40, 7S5 "a; other re-
sources and securities, 1881, 1873 81;
cash on deposit, 1894, O69 II, and with ex-
penditures. dividends, ETC., a total of
SS,573, 1886 IS. The liabilities balance this
princely showing, with a capital stock of
$4,20C ,000, a surplus of $l,0l2,37S Is,
bonded interest, income, etc, the rent of
the road alone being 100000. Tue condl-
ton of the banking department as sub
mitted by the Cashier, Charles Goodrich,
is also highly satisfactory, showing the
resources of the bank to be 81, 1851, o22 0S,
balanced by such refreshing items on the
column of liabilities as a surplus of $780,
600, undivided profits, $50 j64 "a, net earn
ings this year, S52,99S %, together with
the amounts due to banks, to the State,
individual depositors and certificates Of
deposit, $1,182, 259 %, the aggregate bal
ancing with the resources.