Morning journal and courier., 1888-12-13
RA1LRoaD NOTES.

The Annual Of she New York and
 New EngIand-The New York, Prov
 idence and BOston ROad-The Com
 sondated Road.
 It took only twelve of the stockholders of
 the New York and New England railroad to
 cast majority of the votes at the roads an-
 nual meeting this week in Boston, and by
 Bay State law no one is allowed to vote on
 more than one persons holding of stock. The
 new board of directors is ss follows, new
 members being marked with star:
 Wm. P. Shinn, Jonas H. French, Eustace
 c. Fitz, *Eugene v. R. Thayer, *Charles A.
 Prince, *Royal E. Robbins, Boston, Mass;
 Nicholas Sheldon, B. F. Vaughn, Providence,
 R. l.; James l.. Howard, Hartford,
 Conn.,; *David s. Plume, Waterbury, Conn.,;
 George M. Landers, New Britain, Conn;
 Thomas Rutter, John l.. Macauley, Alexan-
 der E. Orr, Sidney Dillon, Henry Hentz, J.
 A. Bostwick, *E. V. Cary, New York, N. Y.;
 Arthur Sewa1l, Portland, Me.
 Mir. Plume of Waterbury adds a Connec- ticut name to the list. MT. Kingsbury of that city was dropped year ago. The mem bers of last years board not reelected are: W. H. Stevenson of the Housotonic road, W. H. Starbuck of the Derby road, Sterne Morse of Boston, Moses T. Stevens of North Andover, Mass, and Exstine Norton of New York It is said that Stevenson and Star
 buck go out because they are to conduct ne- gotiations with the company during the com- ing year which they could not do if directors. The Boston Journal says:
 As to the proposed contract with the New Suspension Bridge company, whose bridge was to be built near Peekskill he stated that the road proposed to assume no responsibility I except to give the bridge traffic when com~ pleted. The bridge would be of great advan- tage to the road in it's coal and through freigt business.
 I New terminal facilities at a good location ' on the East river had been secured and half an hour in time would thereby be saved on \ the boats of the Norwich line and the danger I of going around the battery to the North river avoided.
 It was also proposed 10 make new freight | line from Wilson's Point on the Sound to New York, and to do this it was deemed best | to form the New England Terminal compa- ny, with 8 capital stock of $200, 900, of which | the New York and New England would take | half and the Danbury and Norwalk and Hou- satonic roads the other half. For the inn ! provemants proposed first mortgage bonds of ! the Terminal company would be issued to | the amount of $500, 900, hrincipal and inter- \ est to be guaranteed by the roads named. These terminal facilities would result in in- Y creased freight business and the earnings of | the Terminal company would be sufficient to ! justify the extra outlay.
 A vote passed authorizing the purchase of ] the Rockville road. Speaking of the Peeks- kill suspension bridge, MT. Shinn said: Connections with other roads were desired, particularly with the Pennsylvania. The Poughkeepsie bridge was too far north and the "Storm King" project impracttcable, so that the proposed bridge was the only one { left. Objections were raised to the traffic agreement and also to the voting but they | came to nothing.
 During the meeting, it is understood, MT. Shinn said negotiations were now pending with the West Shore road to have the through southern express go by that route. President Bostwick entertained the board
 of directors last night at the Hotel Vendome. Annual Meeting ofthe Stockholders of the New York, Providence and BOs- tOn Railroad.
 The stockholders of the New York, Prov 1dence and Boston railroad held their annual meeting in Providence yesterday morning President Samuel O. Babcock presided. Gen. eral Manager Wilder stated that the Shore Line traffic was greater than last year and urged that the New York, New Haven and Hartford road be pressed to immediately lay a double track from New London to New Haven.
 The directors reported earnings of $1,- 303, 165. 25. The total operating sexpenses were $1, ,005, ,351.17, which, deducted from the gross earnings, gives net earnings of $2SS, ,819.0S, decrease of $20S, ,645.40 over the net earnings of year ago. The number
 of passengers carried is 1, ,929, ,956, an increase of 256, ,079, and the number of tons of freight ! carried is 49S, S,625, 8 decrease of 13, ,S34 ! tons. Directors were chosen as follows: Samuel D. Babcock. George MacCollough ! Miller, Nythan F. Dixon, Robert Knight, l Henry 0. Robinson, George Peabody Vel l more, John L. Riker, Benjamin Lapham, J. Haven.
 The Consolidated Road. Considerable interest is already manifest ! in the Consolidated roads petition to the ! legislature for an increase of capital stock. The main reason for the increase in that the