New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-11-16
RAILROAD INTERESTS.
BALTIMORE AND OHIO.
REPORT OF PRESIDENT GARRETT AT THE ANNUAL
MEETING OF STOCKHOLDERS.


BALTIMORE, Nov. 15.-The annual meeting
OF tie stockholders OF the Baltimore and Ohio Rail
road Company was held TO day. Revcry Johnson. jr,
I'm the chair The report Of President Garrett. rs
presented showed the receipts vi the main stem for
the lat year to have been 10 s14,6i3; and the
penses 81 o26 365, So 237,741 less than the
nrs. Tho cost OF operating tho road was 500 per
cent upon the earnings. The whole value Of the
sinking funds is stated at s71S730. The Washington
Branch earnings were 1925, $40, and the expenses
s0OsI5, showing net earnings Of S234.5O5. The
earnings of all tho branches. including Washington
we're s1s, 4o2,437: expenses, Sl2,035,742. leaving
net balance of S63S6,G94. Speaking Of the rhia
deluhia Branch, the President says: "1he line be
tween Baltimore and Philadelphia was orencd for
Messenger and freight traffic the 10Th ultno
The road is strictly frstclass. being laid with steel
rails and Stone balastcd CommOdi0us passenger
stations and FIRE ght warehouses have been erected at
many points, and at Newark and Wilmington. Dell
and Chester, Penn handsome passenger stations Of
stone and BRICK are being built. at Twenty fourth
and Chestnut SITS, Philadelphia the main station Is
course of erection ho structure will be substan
tial ornate and complete in all its Appointments
The principal Offices OF the division win also he To-
Gated in Tho station The schuylkll River East
enc RAILROAD IN tie city OF lhiade phia Is the con
meeting link between thc Philadelphia line and the
system OF the Philadelphia and Reading Railroad Com
larv hccn difllcult and tedious bat it, competition
anticipated IN the month OF pccemher when pas
change of cars, TO baltimore. Washington and all
lomts on the system OF the baltimore and Ohio Com
Joint on the line of the schuylkill River Fast Side
railroad. also nearing completion by this branch
the rincipa docks and large manufacturing e-tab-
lshmcnts on the Delaware River will be reached"
OF the telegraph he says, Ihe increase in the
many Tor the fiscal year ended September 80 has been
~ Ter cent. compared with 1884 and al % per
there was change in the BOARD OF Directors ex-
cept that John H. Sowen was elected In place Of ii
Cray smith, deceased.
STOCK TO BE ASSESSED A SECOND TINE.
The plans for the reorganization Of the Lake Erie
and Western Railway have been unsuccessful, and
the stockholders will be asked probably To pay an
additional assessment to prevent the property from
beng sold in separate divisions. The rcorganiza
committee has not P9pS'ed any modification
Tut it understood that the menbers see no alterna
s, Ue 10 has u paid g share and probably will be
forced to pay as much more, while PERSONS interested
not be sufficient 10 prevent the foreclosure sale. The
committee Will meet in a few days probably, when
doubtful whether the stockholders will consent TO a
second assessment. but on the TART Of the committee
viii he utterly extnguishel ty the foreclosure sale Of
the three divisions under the recent order Of the
court
RICHMOND AND WEST POINT TERMINAL.
The stock exchange firm of lockwood & Crosman
Yesterday issued a circular letter in regard to the
Richmond and West Point Terminal Railway Com
rany. the stock Of which has been active and higher
recently II stated that the directors Of the company,
who with one exception, directors of the Rich
mnnd and Innv lie Railroad Company. had managed
the cOm,any affair." in manner Injurious TO the
stockholders esl ecally by depressing the stock and
assets of the company. 1t announced that the con
trol had been secured by some OF the Stockholders
and that at tho special meeting at Richmond. on
November 10, the present BOard will be retired and
a new Board chosen by large vote "a proxies for
over 10000 shares out of total share capital Of
10000 had been secured Tho letter contained u
list of tho railroads controlled by the Terminal Com
pany.
MRS GREENS CENTRAL GEORGIA STOCK WANTED.
There is great reluctance among persons who have
some interest in the Georgia Central Railroad to
speak the recent rise in the stock and the reports
that there Is to contest for control at the coming
election between the present Raou management ana
the friends OF General f. III. Alexander. 1t Is al
mitted however that there is probability OF fight
Two wears AGO Mrs "Hette" Green decided the eec-
ton by voting her stock for the RaOui people on nc
ceipt, story goes of $4,000. 1t Is rumored that
stock is wanted at the coming election. but one
the Exchange Is quoted saying that
Ahe has not named any price for her stock Persons
who were formerly Interested in the management OF
her interests ID yesterday that they did not
where Mrs. was. but they did not think that
she or her advisers would talk upon her position III
the matter.