Evening star. [volume] (Washington, D.C.) 1854-1972, 1886-12-09

ALFRED suiLY THE NEW PREsIDENr-R DIS LINE:
AND FINANCEs-B. 4 o. INTERESTS ETC.

AND FINANCEs-R q o. INTERESTS ETC.
Richmond and West Point Terminal Railroad and
| Warehouse company was held In Richmond yes
terday. The committee reported that there were
present in person Il 600 shares OF stock by proxy
99,953 shares, total 1883 shares $3.50 shares
more than quorum. On motion of Mr. Rice, the
stockholders adopted series of resolutions pro-
vding for the increase OF the capital stock in ac-
cordance with the resolutions adopted by the
| stockholders at the meeting held I'm November.
and the following board Of directors was elected
for the ensuing year: T. NJ. Logan, Richmond; John
| A. Rutherford, Isaac L. Rice, George F. Stone,
Emanuel Lehman, A. NJ. Flagler, John H. Inman,
New York; j. B. Pace Richmond; John G. Moore,
New York; E. d. Christian. Richmond; Simon
phia; Robert H. Dow, New York Mr. Alfred
Sully was elected president Of the company The
meeting adjourned TO meet December 10th.
RICHMOND AND DANvILE.
The annual meeting of the directors OF the Rich
mond and Danville railroad was held in Richmond
yesterday. President Buford submitted his re-
port showing that the lines operated by the COM
pany Tor the fiscal year, to September 30, 1885,
WerS e u ana pleamont reads ga Z. y
and the s. U. and NJ. and s. branch lines The
gross earnings were 81 992, 4sl19; net earnings
over all expenditures and charges $780, OF;
showing an Increase OF 81, SSe Or 3,1O0ths OF
per cent; The operating expenses and taxes de-
creased 800 933 SO, or > per cent. The operating
expenses Ind taxes were 53 2-lO per cent. of the
earnings. Appended to the presidents report was
a report of MeSsrs George S. Scott. George F.
Baker and F. w. Haidekoper, committee giving the
financial condition OF the Richmond and Danvile
for December, 1856. The report is comparative
with August, 1883. AT the latter date the net
floating liabilities were 81 OBJ, 1897; on Deem
per l, 1886. there was net surplus OF $780,
6,6.41: due the company under contract OF lease
by the Atlanta and Charlotte Air line securities to
the amount OF 81, O0O, 900, upon which 2S4 per
cent net was earned during the fiscal year.
THE B. AND O. TELEGRAPH DEAL DENIED.
A dispatch from Baltimore says: The Baltimore
and Ohio officials have no Official knowledge of
any trade between Robert Garrett and Jay Gould
OF the Baltimore and Ohio telegraph for the Wa
bash SYSTEM and laugh at the idea OF such
thing. They declare there is nothing in it, Jay
Gould, when questioned In New York yesterday in
regard TO the alleged transfer OF the Wabash sys-
TEN to the Baltimore and Ohio in exchange for
their telegraph system, declared that the rumor
was entirely without foundation. g
THE B. & O.'S THROUGH ROUTE TO NEW YORK CON-
PLETED.
The Philadelphia Press of this morning says:
The Baltimore and Ohio people were happy yester-
day. The announcement that the tracks of their
extension, the East Side Schuylkill Division, had
been Joined to the Reading main line at PennSyl-
van1a avenue and Both street. in this city, Is re-
garded by them as significant, as it makes the
Baltimore and Ohio a trunk line and enables 1t to
companies from a more Independent standpoint.
superintendent Wilhert Irwin is very busy in pre-
parationS for the fast trains that are expected to
fly through Philadelphia by December 18th. 1t
may take longer, but the officials are in hopes of
getting out time table by that date.