Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1892-12-22
THE MAINE CENTRAL


PoaTLASp. Dec. 2i.-The annual meet.
ing of the stockholders Of the Maine Cen
,rai Railroad WAS held in the directors
room in the Maine Central office extension
building at | O'Clock today. There was
% ,3ls shares of stock represented in per
son and by proxy.
Among the directors present were Arthur
Sewall. Frank Jones, Joseph 5. Kicker.
William e.. Davis, Thomas W Hyde, Amos
Paul, Psyson Tucker, John Ware. Frank
lin A. Wilson, Francis W. Hill, Joseph
Manley. and Oryiile ID, Baker.
The meeting was called to order with
President Arthur Sewall in the chair. The
clerk Of directors, Josiah ii. Drummon1
then read the eall of meeting which is as
fClloss;
Notice is hereby given that the annual
meeting of the Maine Central Railroad
Company will be held ut the company S
Office in Portland, on Wednesday the .slst
day of December, A. D., 1891, at ! O'Clock
in the forenoon to act upon the following
articles, TO wit
/. To hear the report of the directors
and treasurer and act thereon.
l.. To hx the number Of, and elect
directors for the ensuing year.
8. To see if the stockholders will ratify
the mortgage of that portion Of the Euro
pean i North American railway which lies
between Bangor and Winn, dated Jan. l.,
1882, made Jointly by the European &
North American railway and this company
b. its directors in It's behalf. to secure
bonds to the amount of 81 600 900, 70 be
issued to retire the Bangor loan to the
European & North American Railway Com
pany due Jan. |. 1894.
4. To see if the stockholders will ratify
the agreement supplemental to the lease of
the Dexter & Piscataquis Railroad Company
dated the 29th day of October, A. d., 1881,
in relation to extending said railroad into
Foxcroft, made by the directors in behalf
of the company, and confirm the action of
the directors in carrying out the terms
thereof.
3. To see if the stockholders will Sc
amend the bylaws of the company as to
authorize the directors to fill any vacancies
in the board occurring between the annual
meetings.
6. To act upon any other business that
may legally come before said meeting.
Articles and were accepted. The
number of directors was fixed at l5 and the
following were elected:
Arthur Sewall, Bath, Me-; Archibald A.
Mcleod, Philadelphia, Pa. Frank Jones
Portsmouth, n. IL. Samuel c. Lawrence,
Medford, Mass Joseph S. Kicker, Deer
ing, Me George NJ Pullman, Chicago
III. Charles A Sinclair, Portsmouth, n.
H.; William G. Davis, Portland, Me-,
William r. Hart Ruston Mass. ThOs
w. Hyde, Bath, Me-; Amos Paul. So
Newmarket, n. H.; Payson Tucker, Port
land, Me. John Ware. Wateryille, Me-;
Franklin A. Wilson, Bangor, Me-; Francis
W. Hill, Exeter, Me.
The number of votes cast were 2l,3ls
The question was raised as to the legality
of William F. Hart and George NJ. Pull
man being directors. The objections wer'
overruled.
Articles 3, and were also unanimous
ly accepted.
The only miscellaneous business of i'm
portance was the report of the commute.
appointed at last meeting to inquire into
the feasibility of renewing the leases OF the
Hereford Upper Branch and Knox & Lin
coin roads. The investigation of the com
mttee showed that while these roads wer,
at present not paying any dividends the,
were good investments and for numerous
reasons were valuable acquisitions to the
Maine Central.
After the adjournment of the meeting
the directors Immediately met and organ
lied as follows: Clerk, Hon. Josiah II.
Drummond president, Arthur Sewall vice
president and manager, Payson Tucker.