New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-02

your general Interests, II was deemed wise io' e
cnnat Lebanon and northern Railway line running
and having terminal facilities in city Of special
value connection with your lease Of the Little Miami
'N''''"' FUNDED DEBT.
The funds FOR he SSye PqST I we're scs oO consd lU
and s. Louis Railway Company referred 70 ~ 6ns @s
the securities made during the pat B bar
Company and Involved no IN the funded DEB o.
the Pittsburgh. Cincinnati Chicago and st. LOUIS RAN
The w9k u rebuilding bridge over the Ohio R RYE
Way ana icy 1T,ed F3r ~ pnrpoe of retiring the
o4 p5,, zen Der cent bonds amounting 70 sl0o0Oo
N the Newport and Cincinnati Bridge Company ana
pr s trise ia, eompany sold 81 10000 Of II. four and
5 nT1' BY Pm the Pennsylvania Company which Ar
majority OF It's capital stock. - c..
Of columbus, Ohio in which your Company 81, lsFg.y
asrs TO- rr6gd i. p1nse ar ' ,as ms pn point
For purpose created seneral ms.ss@ss seSar d
f which $50 balance q the <sue beng
rserved to no sleb Of red hTouSa The operations
q sinking fund connected herevh me wosS upon
peted during the coming summer. ,..a
IN nPme sbgh Vas 4s 10 80 decrease s.o?eu
The number OF passengers was 10 3Is@ decrease o'
st all .. Ia a ia s 49, S se.. It PIX
D DS6sa SIS s2o s5 30 and SIS sos 20 %
decrease gross earnings compsre,no 20 e5a % Tber4
Vs. SeS rs 3 Gi ad tons q dssTsa's
decrease 11 sc Of ~ 27S4 25e
GENERAL REMARKS.
There has been patti Of the Trus, created
October 9th. ISIS BY The eSHpnhs t,, ,neoms there
from mas been seOs 800 10 and on TIA, date SCI res
Yielding an interest and onhaf per cent for The
year There was aPPTsF--gs'ed to the i''s' '''
The bonds Of the American steamship Company amount
ing TO $1,000 'nS P' GomSany natured on October
s, 1905 81 900 thereof which had ss'n ps
Trust Fund. That together win s6S 900 me
as they matued has charged against the princpa
Of The fund well as sg 81 when ns %s susrsn
eed hy the United New Jersey Railroad ana tanal COM
pahy .Hc ia,,r ~ These obligations have
practically valre and az a result ~ ID. & ., The
Trust have been met without any dran upon your
The asses Of the Insurance the end q the year
81. 762 gu q. being decrease OF % a ~
The membership Of the EMPLOYEES Relief Fund a, he
close Of the year was 40 eS me argos contr,buted
SE rs 20 wtc the COMPANY and It's affiliated iines
sa m ~ FOR ezra benehis TO members whose disability
had continued more man - wesSs ap Gt. from N.
25e no total receipts we're and ne
A4r distrbG1ns s257 Os in death benefits and sSs
2e3s7 in q disability aTtilns ron ns nrsSd'nx
uradjusted death claims balance u $'ss 2s'" was
cared number Of Seposit6rs IN the Employees Fund
A. the end OF the year Increase OF 43l The
and the BALANCE ne und az the Close % ns
securities bearing interest at the average RATE 'i io pei
cent ,,rt. v.-. aeno.,,ea in New York to pur-
chase ls99 900 Of seven per cent nT1i i s'I 81
bonds q the s. Louis Hsnda1 a ama i 1871 Th.
road Is operated under by the Terre Hauie ana
boen ahsb to meet its 56saons other lines
by ali It's properties nave peep a. s sras Of
facts although yandaa coTIsny was N no WAY sbl
T. ret It's 9% 20 dyantage and thus provide
% ra-e the bonds referred Your company mas the
fore as the Indirect gusrantor thereof become
chaser and will hold them until the relations o"h , ,s
Te-re Haute and indianapolis Railroad Company ana Jus
leese' r lstF 1876 the Fitch Anniversary Of TIE r.
corporation OF tn COMPANY was apr aye ssemy of
Music at which addresses we're made by yoqs a,e
dent Mr. Roberts also by the Governor % ~ P,s
surgh representing the MAYOR u TIA, city Ut rsss
Traey lrrsaGR Io one Of the Wee Presidents OF your
western lines and M Joseph H. oh'A'e' Of W" '0'"
Mr. David cray resigned as General Msnasss
% ,.e ,a on the Board Of Managers y the Joint
Trafc Association. Mr e A Dawson vas aPp'p'eqF o S
rSster was appointed Manager OF the Union Line
S Board have To- record death q Of Their old
es, members Henry D Welsh N the s,n ~ years
with the company faithful service IN It's oeha mas
MS "ss one eading member q your committees. and
officer and director o, S Ss -e1JT portion Of his
saas r interests and won the Affection and esteem
" Mr. r. Ens6sm Morris elected sT ssS.5 ., a ape
NJ Welsh t End MI dob, Pa 9th ISIS 70
I'M The vacancy by the resignation OF N MOTIFS
Mr. John scott who forty had been con9eced
with your legal department during eisn'n md shen until
his death the Counsel Of the Company ded on me -
OF Sib infeery and conscientious Discharge Of
duty h invaluable adyIsrr anu LINZ rats II
bsracter that won him the confidence ana rseau Va
win whom he came IN con,act scerntenden O, the
adsPs @d E F c,; 1ad T .s H. Ses5n had
connected win lines II your system slhT h
a The sPS3sof G2s HI. T9 Intimate ne kne%iedse u
the properties under his charge ana ms 40
Nm one of It's most trusted officers Nh j. Walls
~ania Railroad Division was promoted 7" III '"e 1""N'
mus ,Cc The close Of the year Company has record
the loss Of your late President Mr. George 81 kooeays;
life had practically been sp"t ,1sr corps on the
rigraI cons-ction u thu Main Line had suceessyely
HTn Pres 4 in June During the seventeen
srt'1 81 n, str4nGtheninp and consolidating your system
and brought to that |fr rea,es alue in the deter
,tin W. the important questions which from time .
,ime arect;d your welfare NJ. Roberts died on he
Board submit win eeT , ta fp w meet Se fa ap
provai II stockholders and that they W.. shSTe
pre- whose controlling thought during his -nre oticial
lie was for the conservation and advancement OF the
Mr. Frank Thomson elected President on ne 81
an the vacancy caused Dy me leath
= NJ Roberts and accordance with tn revised or
ranzat0n adopted the lOtn ot Frhilary Mr Jyhh =
C~ssr was elected First Vice President. Mr. MARES T.
Pugh second President and Mr. sutherland N Fre-
t.,s, Third VIca-presdcnt. NJ. samuel Rea was ap-
r,i,te1 First Asastan. and Messrs William \ ration
and f. r Postlethwaite adt.uona Assls,1nts 10 ,ne
r1resiert. Mr. william n. joyce FREIGHT IraNc Man
arer Mr. J g. Hutchinson, General MANAGER vice Mr
pravas elected Vice President and M Michael trump
General Superintendent n TransOoraton 70 MI the va
cancy created bv NJ Hutchinsons prom otlon. - =.
\ condemned General Baance-sheet of the company IS
hereto appended. ,,.. :. 49, ~ .sr.
and .up0yfa 0r the fidelity and elcienry Win whlch
they have discharged ther duties during the past year