The times. [volume] (Richmond, Va.) 1890-1903, 1896-11-17

Petersburg Railroad Company,
Office a. the President

Richmond. Va. nov. 10, 1876.
To the stockholders. 49,, ,,,ode
az thr General manager as 10 the MAIN
tsuance. operation and impfoN emenl "a
your company - property Tor the h1t"'
year ending june 80, l,to, ana inc 49,
mas boon transmitted nF the weep -,
DENT with "a further report by iiin' .iN
vim DO mo reports OF tne Scnefal du"itol
and the treasurer, showing the rec
and III sburstments Ter inc sai"c n- -,
year. and a. statement OF the bC-.'
financial condition Ol ine company I"'.
I.Iarfs have been examined ana dpp.o ga
bv the president ana directors, ana "lc
siihrnftteg herewith for your inlOtnduy".
You viii note from the reports tha1 inc
comuauy's net earnings were f'i'Iv--' -
excess of those for the previous year.
Valuable improvements have been mace
10 tne road and It's equipment ana chaibtu
TO operating cApehe'e' "a nA'u Si,,''.. 49,
nave Leen promptly paid and a olfieeHu
OF + per cent paid TO the stockholucls.
Ina our last annual report your atseh-
fion v..s called 90 the TACT tnat Juub-
ment for 2l-,Np hau l'l'I,l1 t,.
Oh. Sur.rfor court Of IauiaN county ~.
4. ..tlurf thc company in suit brought
by the administrator OF tnailts ~ - ~,
ana that the same was tNth itnNt,-7 ~,
an auDaal taken by the company III ga.
sunrsfre Court of North Carolina sln'J
that time the Judgment has been anu III, IN,
bv mo Supreme Court and paid IN iuli
lv the cowu.uv. Special mention i.a
] been made If NH Ah Ait't' A'iNf ........
case lccause Oi the eAtrd,:dinaig i''4is5
which WAS fixed upon the company n! d.,
and 10 explain TO the slochnoiutia ll"1
thcre was no means in tae power OF tle
/ management uy which the hdDillly tt-o
i ii'.,' c,rid hat,e leen avoided. rhe suit
grew out Of q claim mace py tue au i H.
TRAITOR of Key mat the soMp'i"se w.. n,
llc Iu damaatN 10. t't hNiit7 "a - -
/ one Lfsey, VINO Wa at lN"' ,.'"o tt,
| comm. rvs agent al Gary sbur-. 't'ln INC
facts as grtstriea 10 U.S. We N,in .l'', -,
that the killue was the i'riit vl - tDlip
staudug difference between inc pdIuD''
/ Inn which the company WAS in np way ih-
/ volytd and i'm the criminal ulal Ill-ey
HAVING been acquitted on the ground oil
.elf-defence wo resisted the clam n2d
Ie ia. administrator iu the ciyik action
~ far e rs r. vgs i'm our power to do so,
and did rot rcc,enize any Liability untlt
tine Judsmen ha1 .'." " ~ io,1.e nav.
, ,,...,, ~ no LONGER Ic avoided.
/ a the last session of the General As
/ sembly A. ifeini' an e,, VIZ .in. ,Se H.
'hoi i1lH- 'i.i' ''ii''t"' ,...,,,,..'r et,
49, 10, th. ,iir - pofershrrr. subject TO
/ ,io amnroval of tine Common Council or
/ tI.f XIV and no "a recent meeting OF that
| t ,,iis IN ffs mans submitted Tor these
/ rftn.es bv fl, company were approved.
III is believed that these changes when
fo the comuanv and 10 its patrons in that
/ DIV
ca IL is aS oir emp.oees have BEEN MA faithful in
! th, di..6arri of tncir duties.
Respectfully submitted.
IL a.. ELLIOTT.
y AND T.. RAILROAD.
Tho ,,,',,..i meeting of lie Stockholders
! ,rtt. If.l,,-,,,-,i and p.fer.niir., Eaflr,ad
/ sof,.ranv MS hold I'M fh,. offices of the
',,-,il,',s ,.t,rIav a. noon Air John II.
I r...,.h M, .,r,r.,..f,te1 ,h,frnl4u and Mr.
/ w. r.. Jones secretary. The reports of