Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-10-23
& OHIO.
ANNUAL MEETING OF THE STOCK
HOLDERS HELD HERE YESTERDAY.
Presidont's Report showing tho Improved
Financial Condition Of the Road
Directors Chosen.

~ -
Directors Chosen.
The stockholders Of the Chesapeake ana
pt.t. p..l. f,.,,,,,o-,,. hold .boir animal
' ''''" ''' i '''
meeting az noon yesterday IN the ffesi-
d.rt's ,N,cc ,r pa,,fe hlock
Inc proceedings were 'htlfcN FORMAL
and we've carried ont In accordance with a
programme thA' h"h hii'""N "'ch "ii1uE'"
lr fhc controlling owners % the great sys-
49,.
.
'"' "'''''''''' ""' r'''a'i' D" 80
Irc>Drf from bcyOnd the Virginia line. but
Cha ...,r...f,fa.ir,, Wa. large C3Q M ont of
the tlINUl eiit'0 'l ft'th D'iAS i'Ii'-
tUutCn hv proxy on in person.
Mr. Henry H. Mirkhnm. counsellor fOr
ff.. ....,.,..,,,. ,,r,.i.l.I ,uI Sacrlrarv C. T.
Vr.rlf.. l.,t ti,, ,oolrI Tho fqllcr..
"''''yt" "'li.. 'r T. S.,li,
N'i' p" - - '"'"'''' '' '''''''-
VAN, ard ii. Taylor, Jr.
rgr.rprSr's pgroar.
.r - .,...;.l.,4 NJ L
I'D. aH""A p"i' '' VI
lI.sN. pf0 rntr0 on bfhaI oI hllH0'lt
all fur Board oi Directors, was read ana
adopted
.fforn suitable Introductory paragraph
tlo report SASS.
,..lto ,.,o oroske no1 ohio railway proper
from Df,..i.t- ,ioDr Fortr~.s Monroe. % fhe iig
sanay rigor lahI.h is ihc state line ietWecu
Wr.t. AfrrtaIa aui kcufucky u distance II jll1
rntfor ur- turntd over 20 ths Vro-ent manage
month brfhc courts OF virginia ana West virginia
s..O.f...er 20 I.ss On fnr lat 81 january. l~SJ.
20. ,ztel.i.n Of no nno from AsniaYd - Cove
lsc'on, hy.. aui thr rrdg" ..wocn D"Ylngt2n
aul Ciaeinaar, @. Noge'ner h5 . miles, were
delivered 20 the connany in an unfinished ,ta,e,
t,. So. ,..,.r b., Ashland which IA
u.ei uafora contract horeinaf:c~ set forth.
,.u. i..u4a Ilne frJn t.toEGtfr terminus 90 thc
rityof tiu,iunnu
....,-,. ,,.,. .,,..tr,,,.y
"'' ""' W. 0''
"on ihc in o' Nay i1,'' me h ''.l 1',.'
Hi.sNa.f ihii i''N' ~ '"' 't'.. 20 ~" -. ~
tuNHh l"iE"' Was Nhhti.tieH u lho ."'uPa"t
g. op"rair POO lei an nsI 'i'eut "y VIM ,,a,n
80 !ihfI i'N"ii- wore I'D - pNlH' ~ ti'i, u',
".. ,, f,,p " .. ,' .-','.~,t ,t,tre.s b.
.',,o .,,l,.. b~,n,n ,',.i ,1f roile@. rotijs
80 ,. t... .,,,,,. ..s,' r,t,. -f..foi m ila4
' ,,s9 All -, n.. mai, t.,-t il erc.l
.,, ,i,, .-,-g
..t,-. ,t,..,..'t ....,.,. ~ af, lo.oroti yes
t-s ,..,......r sans ar1 n'u,a frolyht.nr-
D.. s..i.,., tc,,,,-,. ts .ne mile tom, Fort
ro-e Nonroc. ani p~ company hns nov perm.s-
Fortress Monroe and is ensHf'l in us CONSTITUTE
''" .......-. ..,....
Ni"i'"i NJ "''
"Ifc l'uo 'heu follows me shore oi james
,4f,u-ivo Ntortr- t'-rs, and ya,d~. the COM
T4uy orn.ns io acres - l9ni ~ Mat po.uL II
....,', -. o,',, e. y ,.J 4 ,.I ..ont
.. i',..
Il. r,p1ftfn.n goes on % speak " the road
f-.r. Ne,-na-f News O.. Clifton Forge. and also o.
....t.i.. t..,r o. lease the Richmond and a llo-
c.sn, rafroat
IHE RIVER BRANCH.
fgfoF4fnuc Ii~ mIo4 from Richmond and
g.. fr.r O. Ifffou forxo. being nearly hnli way ON
ff.-. division tno company has purchased se2
.rr. lf Isnl and has erected coGl-Dius water
.f..l..I I,trt aul staIln-hnus4, aud built 2.6
miles of 81 70 tra.k making 10 terminus for
..,.. 10, mis- .l,.i.l.u
1f tfffon Forge. which is q. the foot OF the
.....ta 4'.De az pIe Alieenaaica. tho company
fl. rlr-iasol in tue last year "a large amount of
,..I e..a,ea ait now owns I..,!2 acrrs au1 ~ ca
..... tr fs,trr ouf mud fuUIlrg extensive
t a,.t .n-f,. fo, ir4 fiIfure needs The road
.- .- ue An.ghoni,s ON \ Grade
,-,..,f NV feet IN frc mil. Tor fwentv-
,.. ,rr.. and hon from tho summit OF tie
a..,t,,i.. follows tbe winters II the Crcenbrier
90 ,-c Nc" river. tAe New river 10 the hana-
Nhf, Sc, @''
otrro-rryrR DIVISION
..tf... a.. t,..t ,.,,.,,,to ,,,t.t ia tho for
AZ hiHl'N, " "'sl H sl.ia "",. u y, @ ,'io . ,''
minus "i one vi .',o NV ',li7' H 'i @ ., 80 ,.
~ !" H. ,. ~ en- ~ " a. 49,. ,,i,,,i,,,,- dIyi
'' ."N-. o" 10 - -. nm, IL, ,ara.
'.'' MN'.' ' ','' 80 20 tfn,t g.
a-l i'4hN -H"4a'' 100 acre '' '"." 49, a.
FINANCIAL AFFAIRS.
...,bo eros chafges Of the company for the
...-" l,,.. fr,,, pno.hua 20 CINCINNATI nre
..o ta., o., i..,,.,.sf c, it- o,fstaodiup louda.
.'. e,-- ... - rs,,,,f ~ mo Hi.hrn,ud opd
,r..t.,,,. rsiiraa5 which after four years. viii
.' ta.t' a,f IL u. evr.,',t.,i thot ,iil-
= -. a.. f.t.,,,,,',,.t a .rI aifc.
,ii d.. f,,.,al,t- i,,',o,,, ,,',-sted into t,e
.',to and ott,.ystor Vh.n mia ~ done
a.. e, ..,,si5ey.fi,r, H., n
I ,..,...,,i'l,. f.r ,i,ns mon n sGnDOD nrst
,.r,.,,... b,nJs Of which 90 900 are 10 bear
COME ior nye years nom January i Io's, @ anu 4
,,n' lu,i,','.i 80, fo, o,. u ,osr . 'cr
'''f - -, -. ..,,.,,t tb,ir.
'-nA i'I NiN N'Iu ."4' et-' - 0 F., ~ ~ -,
'.''l 49,, e. Doi i,t1 fat,,nr cbe.a-
l.N e.o a. 49, o., - - .'I ma st.'k ~
't, ""1 , 'li'D , - .,i1,"a, c,,,,,.,,', A..
.i' ". '4'"ev "'- o., 80, '. ,,,.',rt. M. 0ycd
'' go, . -, ',-- ,''.t,,.t..d ,-, ,t'o ,..r,.,o.
AW - on WIS ""'i' "' '''' " 90 " "
i-r Nt1i','
c'Mi A"i7oN'
" n,riog tho ,enr tnaf the old limo from
r..,,,s. N ,rro. a. no Eie sandy river was in
l.,.. ~ t,. receiver e,ii.tautlelIv all II The
.arninrs wore spent in reporting and improving
.',i,. W. no h1niltng ~ oven n moderate bust
,.. Owing to the imprrunious condition of
fn, 0ij company and iis heavy fixed charges ia
f..f 90 o.. q nj
i D.. Al 80. .li..e,,t r., deterior,f. CON
t..-t 80, -. h,. fo..,, hnltf nrd
.'',i aD't W. .. 80 I,.,.a. 80 oI,o,et,'er nj a
49, .,'o-s..,,.r me ontlavs 80 me Ee-
'', '.,,'',..r,'s 0rlv IN nart Nhat mad been ne
E-t"l in previous yeaTs, so WA, .., the iino mas
,.i i,' rroner and economical manacemonL
Tne company suu suffers ia many ways from
those defects, but those which were most radical
have teen largely removed a. rlnce me CON- corl-
pAny ,anc mo pos ,,,ou !, 20, no' r,y 80
Inff" .".'HyN li4n 80 -, ' ~
- i.r. ,','y,,,i hy ibo rrarg.niIation. ami has
l.r.,.ly iu,nroyel the property.
.
,...,.,,. ,..p ,,,,.,o,.,,,,,,r.
,...',-.,.... w., ,,.,. ,,,,,,,,,,,, ,,,,,
,, ,', ,ri ,f.,,o, doiler, - fl new
c.,.. .l't.t., 0te. vere n,i esiie 10 nav for i'm
lrs.crr,nt- ami additions 70 tie property Tho
i.-ue ~ one aud haif millions ot those bonds
has rcen recently euihonzoi by tue voting trus-
tee ana 'n hourl oi iol ''La sp"'
~ , ,.,, continent rurchas,j i6,, en-.
iarern',1t ~ terminal faaltes at Newport
Nows. Richmond, chiffon Forge. aud Cincinnati.
aul ,no erection Of addiiI,nal shops ani he con
tuu'i"A "i n1c nll'v9 Vt ~uouuio ~ @ u".N ID we we
eN l',i "T' " ia, ia ,s ,',,, ~ o r''