The daily morning journal and courier., 1895-10-17
THE CONSOLIDATED ROAD
aHE STOCKHOLDERS MEETING
 HELD YESTERD1Y.

An Unusually Quiet AfIair--The Attendance
 Not Large-The Session a Short one-The N Usual Business Transacted
 At the annual meeting of the stock- 5aolders of the Consolidated road, held ASesterday, the number present was 4nuch less than in previous years, prob ably because the stockholders were not Aallowed to ride on the road free on }showing certificates of stocks, as has Sbeen done heretofore. The absence of lades was particularly noticeable, there sbeing only a half dozen present., The meeting was an unusually quiet one, athere not being the least opposition $and it only lasted forty-tive minutes Nwhile on previous occasions meetings khave lasted from an hour and half < to two hours, with much animated N discussion prevailing, Among the Stockholders present were: Charles Hopkins Clark of Hartford, eX-Senator &M. B. Richardson of Lime Rock, Judge 8 A. H. Robertson, Thomas Hooker, Hon. #C. B. Bowers, Professor Johnson, Will 2 lett Hemingway, Clarence Deming, Captain George H. Townsend, George Curtis, w. l.. Squire, Major Isaac Bromley, Harvey Hemingway, E. C. s Beecher of this city, and George Car s michael of Shamrock, R. I.
 President Clark came into the hall at s F o'clock and took a seat at the table. s He was followed by the directors, who took seats in front of his desk, The \ directors present were; William D. Bishop and I. De Yer Warner of Bridgeport, Henry C. Robinson and \ Leverett Brainard of Hartford, Charles # P Clark John M. Hall, George J. Brush and Arthur D. Osborne of this | city, Joseph Park George M. Miller of N New York, Henry s. Lee of Spring \ field, Royal c. Taft of Providence, Charles F. Brooker, Torrington, and Carlos French, Seymour.
 The call for the meeting was read by Secretary w. D. Bishop, jr., after which President Clark announced the B meeting open for consideration of the annual statement. It was expected that some inquiry would come from certain stockholders, but after waiting a few minutes and hearing no remarks, Judge A. Heaton Robertson moved that the annual statement be accepted and placed on file The motion was passed unanimously.
 The balloting for directors and audi tors then began, and while it was go- ing on Judge A. Heaton Robertson of fered a resolution accepting the act of
 the Rhode Island legislature amend ing the charter of the Providence and Stonington Steamship company. It provides that the company may in crease or decrease it's stock by cancel ation, may make and issue bonds to the amount of $1,OOO000, the bonds to be endorsed by the Consolidated road and the latter may acquire and hold the stock of the steamship company.
 President Clark explained that nine taen-twentieths of these securities held by the Stonington company would be- come the property of the New Haven road in the consolidation of the Ston-
 ington line with it. The resolution was
 accepted.
 Judge Robertson then offered a reso- lution concerning TomlinsOn Bridge
 company and the Union or Long
 Wharf company of this city. The last
 legislature granted authority for these
 properties to merge in the New Haven
 road. when certificate is filed in the
 secretary of states office to the effect
 that the company owns all the shares
 of stock.
 The resolution was unanimously
 adopted.
 President Clark then made the fol-
 lowing statement:
 The annual report, necessarily treat
 ing, as it does, of the fiscal year of the
 company ending June 30, year which
 is made for us by the government of the
 United States, and conformed to by the
 different states because it is the fiscal
 year of the United States, becomes lit
 tie stale at a stockholders meeting in
 October of any year In order that we
 might bring the knowledge of your af-
 fairs nearly up to date we have gone
 a little out of the usual course and
 asked the comptroller to do some guess
 ing for us. Of course we know the re-
 suits of the business of July and of Au-
 gust, because the accounts are made up.
 The accounts for September have not
 yet been fully made up but it is grati-
 fying to me, and l am quite certain that
 1t will be gratifying to you to know that
 in those three months Gwo of which are
 certain and accurate), the gross earn
 ings have increased more than $1 ,000 000
 and the net earnings and dividends have
 increased over S375, 900. The indicatio
 in October are as favorable as through
 July, August and September. such indi-
 cations being those of the daily sale of
 tickets for passage at different stations
 on the road. and the number of cars
 of freight received al various junction
 points, notably those transferred by the
 floats It Harlem river. So that it seems
 to us, who make it our daily business
 to look after your affairs. that your
 prospects are as good, or better, than
 we have ever been able to report at any
 previous meeting"
 MT. Clark said in reply to an inquiry
 that the $1 100000 increase in gross re-
 ceipts was equal to one-tenth over that
 of previous years.
 The total number of shares of stock
 11,.+,S