The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-09-09

for the Southern Extension No
Definite Conclusion.
The stockholders and directors of the
Roanoke and Southern Railroad Gem
pany wore busy all day yesterday. At
noon general meeting of the stock
holders Of the company was held in the
rooms Of tho Engineers Club, in the
O'Lcary building. This was immedi-
atoly followed by stockholders meet
ing, which was in turn followed by a
stockholders meeting of tho Virginia
and North Carolina Construction Com
pany, and later in tho afternoon tho
directors of the road again assembled,
this timo at Hotel Roanoke, to receive
delegations from Charlotte, Lexington.
Salisbury, Concord and IYaynesboro,
all of whom wanted the road extended
to their respective places.
In the forenoon the different delega-
tons, accompanied by a number of the
stockholders, drove around the city and
were shown the different points of inter
est, the most interesting of which was
the view from the top of Mill Mountain.
Tho visiCo all expressed themselves
as thoroughly charmed with Roanoke
and uniting in praising it's wonderful
growth and predicting for it u magnifi-
cent future.
The stockholders of the road assem-
bled promptly at IL o'clock, and organ
lied tho meeting by clecting j. W.
FricS,Of Winston, n. c., chairman and
IL. M Darnall, secretary, in place of
s. w. Jamison, OF Roanoke, the regular
secretary, who was absent.
Among those present we're: John Gill
and John McIIenry, Baltimore; j. H.
Matthews, A. Ii. Iarston, C. Is. Bryant,
p. i. Warson. j. II. Spencer, j. G.
Penn, G. Sheffield, and Ill. Chester,
all of Martinsviile; j. e. Gilmer, w. A.
Lemley, j. w. Hancs, +. ii. Fries, C.
Fogle, o: Onderdonk, G.. w. Maslin.
and j. w. Fries, Winston, N. C.
Among those present from this city
were: Hon. Ii. S. Trout. A. Z. Sta Plies,
Il. w. Miller, r. A. Buckner. J. II. En-
gleby, Col. John e. Penn, d. II. Matson
and others. >'+-->'r' e - 49,
On motion OF Mr.. Trout, mmitteo
OF three was appointed to ascertain the
number of shares of stock represented.
Messrs. Il. w. Miller, j. ii. Spencer and
j. l.. Engleby were named for this duty.
and they reported that 1861 shares
were represented out of total Of
2O,67l1(, 1880 by proxy and 81 in per-
son. majority of tho shares being
represented. business was proceeded
with.
The second annual reports of Prcsi.
dent Frank, General Manager h. Ii.
Fries, uperintcndcnt G.. w. Maslin,
and Treasurer c. Tagle were presented
and accepted. They showed the road
to be in an excellent condition, finan-
clally and otherwise, and tho work of
construction proceeding satisfactorily.
President Trout, in his report, rec
commended that tho secretary be author
lied to tako legal steps to collect unpaid
subscriptions. flo also ted that in a
few months the road would be in opcr
alton between Roanoke and Winston
The report of General Manager Fries,
called special attention to the increase
in net earnings, which revealed the
double fact that the management has
been most conservative and efficient
and this is emphasized when it is re-
memhered that the business of Winston
Salem was also included in the last
years report and was handled over
comparatively short line. From the
hgures of recent months the manage
mont bases the fattering belief that
the portion of the whole of division A
will add fifty per cent. more to it's re-
turns.
The graduation upon division b has
been practically completed, except in a
few heavy cuts, the heaviest of which
are being worked night and day. and
these will not detain the track
Some six weeks were lost wing to
the strike at tho works of tho Pennsyl-
vania Steel Company, of Steelton, Pa,
but track laying has been actively re-
sumed on both ends and will be pushed
to completion.
Mr.. Fries in his report paid high
tribute to the able and willing services
of superintendent Maslin and his as
sistants.
The report of Superintendent Maslin
showed in detail tho earnings and
operating expenses for the fiscal wear
ending June 80. 1891. The gross earn.
ings wero $50, 093.26: operating ex-
penses, S27,374.5s; earnings more than
expenses, S24,71s.Gs. Compared with
the previous year the earnings show an
increase of 90 per cent, the expenses
an increase of so per cent. the net
ca -nings 1S4 per cent; tho expenses
were of the earnings 52M per cent.
when the last report was made the
train service was from Winston. Salem
to Ladford. On August IL, 1890, it was
extended to Madison, and on April 90,
1891, to Martinsville. The track has
been laid for one-quarter of the distance
between Martinsville and Roanoke.
The additions to the equipment during
the year make the total equipment now
consist of five locomotives, forty-nine