New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-03-01

competed
ran. trolley: and hshw.y i1sic. -. rsson:racion x
s y q n. DAY Of July 1897 and
r.; nS%ss5 ton: oss ?. he as: -
The number Of IS 1872 72s. decrease Of
surs c2 s ssrpss " =, sa Of P e:
nsrssse in so'. earning co%O:[es ys 1895 $50
i5o 5i5 90 tors Of freight moved being an Increase d
1920 tons and ossisso7 passenger. carried a.
GENERAL REMARKS.
funded debt Of Company and that Tn. cation:
prevailing rate q ntere. and ir tic purpose q redeem.
iss'. par PART CT the " * a On
@ iT & s San apSen p. ras that here s.
sseD g'a sy e TO DseeI s ss ss ss
been $685. as and thst on ,hat date securities
amounting at par 70 $50 40 were hch n the Trust,
as'f SUM ~a s the Trust for the year
ans t b, ssS S:so = q f .~' .car
ss prescribed by us terms is psraen beng now con,
interest dividend thereon has been
your Company pFior to us 'reao7 II IS deemed viss
guarantees made 1875 and Is continued efficiency
before the stoc,hciies al IN. next meeting q.
nes sa9ea d. by The terms 9f ne Trust making
The q e e % % F sc,s =, Ss 'nf q ~ year
compared with 1896
s Of n sna Epic a s eo. F S Ii. ys "a:
Ts' $50 s y: sS rs s @ M ~ne u.
Company and It's affiliated lines ntrou,ed 500 eis 81
for operating expnses ni go $50 80 for extra BENEFITS
% %e" and who Were heFeose no Ontsr entitled to reg:
| soii 'soia and the balance hand the beginning
es ' bsness and sr n 6s.t s.as
arising from sicNness and acciae and meeng all 10
Sasnce Of sma ,6 10 6s credit sAt Of r.. Fund
as ne result OF s operations f0r ne as, three year.
MS growing out = sickness accident occurring during
ss after prsrns 5r sno aSes mssnc +.
agsregate. surplus for the entire period 81 Fund
r The number Of dsPo,ors in the Employs. Saving
The from teposl,ors during the year was
w., asd M IN h The nns az Ss eO;: o. the
securities bearing Interest at the Of four
It will be remembered as stated IN the last annual
' Ss 6 h.oc. ana us Ia 's n.
commercial and manufacturing interests OF the country
men, and grade: q The Main LIN. a: = eon..a.sne.
productive and the work resumed until latter
Snnuanc. eh has n bn rar m
Knzer on the PhIadepha Division. and Setw.en LAZY
n T.. as IN % Dy.sn Ss' b: been r'H:S =
Of the Kadsbaush on II. latter di1ison
M, In CONSEQUENCE OK he lat. period tn. year .. Witch
mains be done. and as further noted special APP
as IL. 'GT We II Ssr tn.
Asshsny Mountain 1n provision . so being m.d for
complete hreetrsck from Kt,snnng Point the
new Portage Tunnel and the doub. tracking Of the por
tase Road from the tunnel TO cresson have also been
order III. bes, results from outsys sf this
has been decided Extraordinary Expenditure
Fund in which shall be set apart from time TO time such
fG ad income without '"'''''h's upon the dividend
>, portion Of III. fund VIII also b. applicable to m...
years BY the provisions OF the Interstate Commerce
air brakes and automatic couper'. and other improve
The bridge over the susqu.hsnna River a, Columbia,
about mile in length. which destroyed by wind
c On J & 1872 The pfs ss I had S ssn for
ass were n. 6 wd r and new steel
spans was creditable piece OF Of them
the Wsoe IN ~aIsnx s0 Sa, "A
upon Se Raaa. e xs sae .r aa5n .s
change OF ne was made in New Brunswick and four
made toward completing the automatic signals between
Weymouth Junction and Trenton. and between Morris
Tn. new ferry between Jersey city ard rwen,y-hird
5uc has ssn po%o is br i' to
tram. Increased ,herssy cab .r Sn similar 70 lss
IN epeaion a, Broad strsa s,,on Phladepha was
made therefor through tn. purcha.. property and
the erection Of the necessary buildings thereon.
auxiliary lines SIS on account Of Whcs there
in cash This expenditure MAINLY in~the conpIston
o. The aral eornsetlon via ne Delaware River Bridge
your sssshore ne' and n The construction Of branch
On the seventh day II January consolidation was
made Of the Hanover ana York Railroad Company and
nam. q he York Hanover and Freda9c R,lrHss Conn
F1. cp, under sq' M. Si 'e YORK
Tho properly heretofore Known The Brookiyn Annex.
Jersey CITY piers Bro,slyn and other point.
pany with the view o, Improving the facilities FOR the
PASSENGER taflc t. ana om t,ose importan, centres
n. Delaware Rive by me CITY 81 Phladepbis II. work
of reeonsr,cng the ferry ,.ci,.. a, Marke, stree,
Wharf is berg reptly prosecuted i expee,.r th.;
completed and the conysnsnee Of the pubii. win b
increasing the facilities for sea.hor. double
tracking f The 1e o. n. I'D Camden and Atlsntie road
yard and BY the MAY will be in excellent condition
r,, @. the me Vest Jey and BY is.
well by the alrail connection VIA the peis
Co q four Tr Eaq n ss r rs:
provided that should he found mPasssSe 70 rss
si ses d houd be api n.
Of Pr. ' he had sa n dse a se 10 %
Tire ob,ec, Of This provision va, % sussa asann n tns
insure 10 n. holder Of IN. securities continued prs
by the Trustee - cars fully equal n value 70
snnpment and the additions amounting to io1s
cars s'Dss deemed wise to eucc their Value to tia;
q tho s1a r a PROM n and Loss ns
There has also been charsed against you. General
Profit Account
,on IN The summit Branch Company this property
having been sold foreclosure proceedings by the
bouthoders condition ~ this property and
IN. Increased expense resulting from the depth Of
vorkreS have It's future probsrlstcal. and
WAS deemed reduce the valuation ~ its secur
lies in your accounts accordingly
ThA BOARD record regret the loss by DEATH the
twenty-nlnth day q January 1905 of your Purchasing
Arnn, Mr. A. " Sumne,. Mr. sumner had been
nected oncsay with that department since June ist
1854 having Assistant Purchasing Agent from that
t,,e until December 1898 when re promoted
be lie head He performed the responsible duties devoiv
IN upon him Integrity and ability and
the thorough confidence and regard Of his
was on March 10Th, 1897, appointed General Fresht
Aren't IN charge Of local traffic. and Mr. John D.
Tayer IT, General Freight Agent In charge Of through
trafhc
hereto appended.
and employees for the fidelity and efficiency with which