The times. [volume] (Richmond, Va.) 1890-1903, 1891-11-17
ANNUAL MEETINGS HELD
Stockholders Hear Favorable Reports and
Elect Officers.
DISSOLUTION OF RESPECT PASSED.
c.,,rorles were tho Richmond ana
r,,er.ears and the Petersburg ,''''"
-, Revenues Inorssscd Considerably

p..enucs Incrsatcd Consl""I""'''
,.r-v., meeting q the Richmond and
me r.l,oad Company was held yes
to-day .r.s q. order bv tho
,.., MAJOR Fred r. Scott, on whose
PC, Mr. Barton HaIau was called to the
n'...~5 Mr.. g.. "a. FecAus was appointed
q 'D'' .-, tenn The various reports from
r.s-. were received and accepted.
rr,d. r. scott was Unanimously
Nh. ,rns,6ent. Mr.. II. Walters wee
d and the following gentlemen "cio
II lie s.-erfors ~ r. Walters. 1t. a.'e,s
Newcomer. W. G.. Elliott and Dr. - w.
laN flowing gentlemen were appointcu
l.r ,,- cof,nitteo for the next year.
-- raxaN chairman. dgAu ~ r. -
r Baskeryu. Charles L.4is an" I' -
's- lowing resolution was unanimously
,ed bv the stockholders ot the hlon-
and Peters, ure hs..roSu 'l. ~. ". ,l,
o,. horo IearI with dee? regret o. tAe
t. SINCE tLeir los, annual mes"ns' va NA1.
fnvson who ior a number Oh yeAIs
,.bi.-A lifetime served tAis company lA''h-
f..r as one Of ITS l,reclo.7 l. t......,.ss3,,,o
tia presidents report OF ne Qus'H, ,o n s1,
.- tho twelve months endlnE 0a"o o0' 10'i'
includes the following .,,-,.s .,
rf~.tt,. fr.m sportauon. .e,-3'S.s ~
O.eratiue c1rcuses ana iHAe'..-'.'-'' -'''''0 %
s,oAso %
r..o.,.. from Investments. 3c........ so's57 50
,..-.~.roa acknowledgements. snI57 9s
,..,-ss. on the debt and tho usual per
. 5lr.lerd have been paid. The company
f..t.rcht iu and Cancelled r2ONUV OF the
-1-c.nt. mortgage bonds due IN 1919.
ST. BE- Waters, general manager o1 'uo
.r.rsuv. iu hls report SAID.
Increasing business between richmond
5...fts reached STA Petersburg has made
Il necessary 20 extend tho freight warehouse
h .N,-. moud 800 feet during the past hachl
4 - IL has also been nee, ssary 10 increase
M ts-l room ia Manchester. which now
b .-.eri. practically three miles % Cioptoh'
ne rrct.ou of the James rlyer branch
.l.. handling ~ freight at terminals,
..t.e- I'D .r0ken lots or lu carloads, Las be-
h ,.nsm.re expensive as competition anu the
demands 0f the public have induced greater
.,I .re reliable dispatch. The number OF
.Frrr, receiving and billing clerks has
.t,rcreased switching cars more frequently
-.. -e.u.rei more ward engines and more
Il VA .-.v-. and the completion # the James
4 -,.- branch has been Of the greatest service
p. tha Atlantic Coast Line, but has placed
mon our road largely increased terminal ex-
..r view of these facts it would seem but
..ttlat I'D ad. only twenty-three miles IN
s-et. Sd uld receive from the roads which
,.r. connections which benefit by these
increased iscillties and expenses. and which
f,fa not been re uired 20 make such e1-
Il l-lltures for Joint 0enehJ. an allowance
r-.srrt.sn the one now made and which
II ra.r. secure 10 our stockholders lair
ulrl upon these expenditures
rI.rur Tie year new side track room at
h rr0es POINTS has been made, aggresating
IS miles 81 cost of about 90 COO per mile.
N.r equipment has been pat into service.
h .--re-at.l. IS cost oi elJ.OH and a new depot
~ QUILT g; Chester All these Expenditures
r-i1 ll-d in operating expenses and sum
l.o'el s5l,Qll.
.Teitapro vements in the yard at Pocahon-
as tte Dot yet been completed. but the
r-y dangerous Grade crossing has been re-
moved and everything Is progressing salts
.Ils lostuaster-Genersl las notified us
llttls year the special facilities allowed
r,bg e. ncress would he diminished one
tr. arl las further notified US that If Con
gs,, Jeff the matter ut his discretion be
would further reduce 10 next year. The loss
q oletlIl amounts To e2.SOi.sJ,
gives mo pleasure 90 record that both
-4 -r- auI employees have been faithful 20
erlltes.
PETERSBURG RAILROAD COMPANY.
Temnual meeting of the stockholders Of
teIeter,blrg Railroad Company was also
lt.i Yesterday. The meeting was called 30
O.e- oy tle President. MT w. q. Elliott, on
whose notion Mr.. John L. Williams was
.-.el 90 the chair and Mr. +. II. Fechtig APP
l,. secretary pro TEN.
ilr reports of tie various officers were re-
o. nf. q ~
-,al.L9lsly reelected president aud Mr. Ii.
Walkers was unanimously reelected vice
PRESIDENT and the following gentlemen were
elected directors ". L. Walters. H. Walters.
j. Newcomer DR.. W. ID. Lassltor and
laof Fred. b. Scott
Iie general manager submitted a report Of
Gle ore-atous of the FOnd for the twelve
mouths ending June Sd, 1891
ssreeeipts. ............S 591.6H A.
O.fs.ng expenses and tszos.......... 333,s5O n
rreceipts Observation-Disclosures. sls,7gi OF
l-s president In his report saws
The gross receipts are stated and the
l-. 81 Fl id which they were derived are set
lrl il oetaA la the general managers re-
70 O., aIe also the costs of maintenance and
ot,atloA a. We'll as the other expenditures
'.- SD as % make it unnecessary 10 repeat
Ael 20 tbs lef OIt
These reports show a most satisfactory re-
'1o.tle business Of the company during the
year.
4epr perty Of the company il in excel
"-. condition and has been economically
laagei
lHfR EARNINGS SEPARATE.
,te the consolidation Of the Central
,a-foal o. Georgia with the Richmond and
hal'ae system the earnings have been put
-'. ue general pool. bat II IS stated that an
tf las been received in this city instruct
IT. OBJ 4geuts Of the system 10 proTate the
,a-l-s NJ tie Central keeping them sepa-
'- ii.m t1e balance OF the line The cause
.-s move is not given iu the order aud
3D. authority profess not to know the
'--''l therefor.
Property Transfers.
Moo1 CiD.-C. /. Denoon 20 NJ T..
-a-- 70 feet on Grace street, southwest
-sf Harrison. - 800
" II. Gordon, Alexander Is. Ilagner and
fs O. ~las Shelburne. 80 feet on Canal
toutlea corner Twelfth. 1880.
"7lJ s. hutz.er % Peter Cathcart 20 feet
CD side CLAY street. northwest corner
o. correct error in former deed, 81.
To- McCue % Virginia CEspin, 30 feet on
.-}-ioartl street. northwest corner NJ.