The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1889-12-19
MAINE CENTRAL RAILROAD.
Annual Meeting of the Corporation
Held Yesterday.
General Manager Tucker Elected a
Director.

The annual meeting of the stockholders of the
Maine Central Railroad was held at the office of
the company, near the Union Station yesterday
afternoon at O'Clock. The president, Arthur
Sewall, occupied the chair.
The annual reports were read and accented,
They have been published in the PRESS.
The meeting then voted for board of directors
The ballots cast represented 27,Oo0 shares
OF stock. The following board was unanimously
chosen;
Arthur Sewall, VIM G. Davis
George G. Lord Horatio N Jose
Samuel c. Lawrence, Thomas W. Hyde,
Amos Paul, Francis W. Hill,
Joseph S. Kicker.
Mr. Tucker Is the only new director and he
fills the place left vacant by the death of Col. Ia
rius Alden.
The stockholders ratified the lease of the Dex
ter Pscataquis railroad, the extension of the
Dexter q Newport, and the construction of the
portion OF the Portland g. Ogdensburg road be-
tween Fabyans' and SCOTS Mills.
AT the conclusion of this business President Sc
wall In few words, announced to the meeting
the death of Col. Darius Alden, director STAGE
1871, and one who had done so much for the
| Maine Central Company.
Thereupon the following resolutions were
adopted;
Resoiued, That the stockholders, as token of
their r. spect for Col. Darius Alden, and of their
appreciation of his long aud valuable services as
member OF The board OF directors, order the fol
lowing re olutions TO be entered upon the records
| solved, That by the decease of Mr. Alden.
the directors have lost the counsel of conscien-
tlous ana ,ar,seeing adviser who was faithfully de-
voted 10 the best interests of the corporation and
whose frank and courteous manners at all times
won the friendship and respect of all with whom
Resolved, That we tender to the family of the
deceased our profound sympa. ny in the bereave-
| ment that has befallen them"
After the above resolutions had been adopted
| by the meeting, Hon. James W. Bradbury of Au-
gusta, arose aud spoke as follows:
"Mr. President, knew Col. Darius Alden for
many years, and personally knew of his many
services TO this company. AT one critical point in
the history OF the road he, in company with two
other well known gentlemen, placed his entire
credit 10 avert impending disaster. sThese three
men were Col. Alden, Judge Rice and Gov. Co.
burn. Col. Alden deserves the tribute that you
have gwen him."
On the organization of the Portland aud Kenne.
director and continued in office until the merging
OF that company in the Maine Central Railroad
company. When, ON May H. 1871, the Portland
and hennebec railroad was leased to this compa-
ny, he became one of the directors, and held the
position continuously until his death. He was
the senior member Of the board both in years and
IN continuous service. OF those associated with
him IN 1868, but one survives him; and even of
ms co-directors In 1871 but three now living;
Governors Morrill, and COburn. Judges Shepley
and Rice and Directors Brown, SeWall Patten,
Lockwood, Dunn, Hagar and Philander Coburn
| had gone before and lett him almost alone. TO
| be associated with such men, for many wears i'm
conndentlai business relations necessarily requr-
| very high character. -
When he became connected with the rail-
road company, railroading in Maine was really
carriers by water had not only BEEN sol Wse
put IL was generally taken for granted that it
was impossible for railroads to compete success
tuily with them and the particular enterprise in
which he enlisted was almost in the throes of
death But with his far-seeing business sagacity,
ne mad confidence that with change of policy,
| the properly would become a valuable one. In
| Iois confidence, he never wavered down to the
latest day of his life.
He soon became large owner of the stock of
Tue company and for many years had been the
largest individual stakeholder, thereby showing
unmlstakably his confidence in the safety of the
stock as an Investment. and giving to his fellow
stockn0lders the assurance that his energies
would would be devoted to the promotion of their in
the protection of the stockholders was the surest
security for the bondhold-rs. A wise caution
Of the enterprise, characterized his action as a
director. He was constant attendant at the
me meet 5 OF the board, having missed but
service. To promote the interests of his
company he used his time, thought, indomitable
energy and credit almost without STINT and there
was a time when the credit of the company was
sustained only by the personal credit OF himself
and a few others. But he lived to see the enter
upon It's Stock but also developing to an almost
unhoped for extent, the resources of our State
Ihe stockholders of the Maoe Central Railroad
Company and the citizens of Maine owe much to
the ability, sagacity and energy of Darius Alden.
The directors organized with the reelection
OF Arthur Sewall as president Payson Tucker
vice president, and Hon. j. H. Drummond clerk
The election of Payson Tucker, ESQ.,, to be
director of the Maine Central railroad today in
the place of the late Col Darius Alden is the lust
recognition of the many and valuable services
which Mr. Tucker has rendered to the road in his
capacity of general manager and vice president
UNION STATION COMPANY.
The annual meeting of the Portland Union Sta
tion Company was held at 3 O'Clock at the station
yesterday afternoon. The following directors
were chosen: Arthur Sewall. George c. Lord,
William &. Davis, Samuel C. Lawrence Joseph
r. Kicker.
The directors organized bv the choice of Arthur
Sewall as president, and L. p. Shaw as clerk and
treasurer.
2. MT. d. s. NJ. S. S. co.
meeting of the stockholders of the Portland,
Mt. Desert and Machias Steamboat Company was
held at o'cock at the Maine Central offices yes
terday The old board of directors was elected
viz: Arthur Sewall. J s. Kicker, s. G. Lawrence,
William IT, Davis, Frank Jones and w. f. MILL
ken.
The directors then organized with the election
OF Arthur Sewall president, and George w. York
secretary and treasurer.
PORTLAND s. ROCHESTER, RAILROAD.
The directors ofth1 Portland g. Rochester road
organized yesterday with the election of Geo. P.
Wescott, president; VIM. H. Conant, treasurer.
They declared a semi-annual dividend of three per
cent. payable January 18th.