The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1895-10-03
PORTLAND & ROCHESTER.
Annual Meeting of the Company Held
Yesterday.


Place of Prof. stephen j. Young, De-
ceased.
The annual meeting OF the stockholders
of the Portland & Rochester Railroad,
was held yesterday MOI ming at the presl-
dents office. There were 5,066 shares rep
resented. The annual reports were re-
ceived, accepted and ordered on file. We
gather these statistics from the report OF
the directors:
Gross Receipts 1856, 449 "a
| 0neratine Exnenses. 1913, 201. SO
Met Earnings $63, PAT. 81
| Income from oJher sources, 2,15o.o 90
Total Income, s65, 9S4. OF
Taxes. 49, Sc, 4sa As
| Interest. 9S5. 90
Total 81, 414. 45
fiIed charges, s5s, 500. SO
D ividend paid July
18th, 1894, ST., 7e2. II
| Dividend paid Janu-
airy 10Th, 1895, II, 1871
Balance in excess of all charges
| and dividends, VIZ. o4b. ~
Said balance has been distributed
among the following accounts: Malnte-
nance of way and equipment fund, SO, S14. :
81; real estate, IS, 1884, 10; Back bay land
| improvements, $1,000 co.; injury fund,
| So, 800. 90; profit and loss, $545. ~; making
total of 500, 045 40
| BY the provisions Of the act Of incorpora-
| ton approved February Sd, 1881 authoriz-
| ing the filing of bill in equity in order
to obtain quiet title to the railroad
property, this company having secured by
| transfer the whole of the stock and
bonds of the old P. & r. r. Co., except
| $500, per cent bonds, SIP, per cent
coupons, 332 shares of stock, and $4ol 10
stock scrip, all of the value of S9l4;o4,
owners and holders unknown, resorted to
this first named provision OF the act OF
| Incorporation, bringing bill in the gu
preme judicial Court and in December
| 1894 decree was made directing that said
sum of 1914. o. be paid to the clerk OF sald
court in full for the above outstanding
| bonds, coupons, stock and scrip. The de-
cree Of the court has been performed ana
| we now have perfect title to the rail-
road and it's property.
The stock authorized by charter is $780,
| 600 in value; stock issued in payment OF
the stock, bonds and debts OF the r. q
| r. R. Railroad is S59s, O70.45; balance TO
be issued $1,000. 55.
The company has added ten wheel
| locomotive from the Manchester Loco
motive Works, a combination mail and ex-
press car from the Pullman Car Co.,
turned passenger car No. 6 and combi-
nation car No. II into baggage cars, pur-
chased ten 30 ton coal cars, built three
of is locomotives cars. five bag
gage, four passenger coaches. four
Combination car, five baggage and one
excursion Car, 118 platform cars, ~ nay
cars, "a box cars, 80 gondola' coal cars, VI
dump cars a wheel. caboose cars, snow
plows, / f1ange car, / derrick car, tool
car. ash car, steam shovel.
| There were 241 tons of steel rail used
| for contraction and repair of track In
| Portland ballasted 700 feet of side track.
built bulkhead and new wharf using 1873
oak piles and $3.50 cubic yards of filling,
painted Portland St. and Pitt St. over
| head bridges and replanked coal run and
tracks at wharf near Grand Trunk trans
| fer station.
| AT Cumbel land Mills laid SIT feet new
side track, and a Y connection with
Maine Central AGO feet long AT Gorham,
| Buxton Center Saco (River), Hollis
Centre, Centre WATERFORD, Springvale,
East Auburn, East Rochester and Roch-
ester there were Improvements made In
the way of replacing, worn rails IN slde
track, lengthening side track, repairing
culyerts widening cuts, opening granite
pit, repairing and strengthening bridge
over the Mousam river, building overhead
bridge at Gardeners and Homes cross
| incs. There have been 300 tons OF 20
mound steel rails laid in the track this
season which will be paid for from the
last years surplus earnings, 3104 feet OF
new side track have been laid, miles OF
new fence, at Westbrook and 1885 feet
snow fence at Gorhaln have been built
1 Buildings at some Of the various stations
| have been repainted, platforms construct
ed etc. There have been 1856. 098 local
passengers carried, and 81, 6SS foreign
1 passengers The passenger trains have
run 1888. 1l5 miles. freight 96.6 600. con-
struction 10, 928, switching 81, 100. There
| 183. 525 tons of through freight There
| have been 1914 tons anthracite and $40
tons bituminous coal used, 1856 CORDS of
wood. Among the items of the treasurer,
| Mr.. Conant's report, are 1852, GLIB. 50,
freight earnings, $50, 542 66 passenger
earnings, 81, 591 3S express, S., 1886. GA mails
1854 10; car miliage total of 1886, 449. "a
| In the directors report reference is
made to the death of the late Stephen ].
Young of Brunswick director.
These officers were elected after the re-
ports were made:
Directors-Geo. P. Wescott, Nathan
Webb. VIM. G. Davis Charles Mccarthy.
.Ir. Portland: Lucius Tuttle, Boston
Joseph H Manley, Augusta; Joseph S.
Kicker, Deering; Franklin A. Wilson,
Bangor; Frederick Robbie, Gorham. Mr..
Marley was elected in place of Mr.. Young
deceased.
Treasurer-Wm. 81. Conant.
Jim He ath's Threadbare Story.