The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1899-05-17
NO oHANGE
In the Management of the Ohio
River ISailroad-Same Dir
cctors and Officers Were
Re. Elected.


ISe-IGlected.
The regular annual meeting of
the stockholders of the Ohio River
Railroad Co, was held at the offices
of the company in Parkersburg,
Friday last, Over $4,000 of the
$1,000 shares of the stock were rep
resented and voted, and the fol-
lowing directors were elected: ii
FL. Rodgers, 9. M. Pratt, A. o.
Bedford, Ell. Oelrichs, O. w. Hank.
ness, S. w. Cotton, Jr., j. N. Cam
den, b. d. Spilman, Geo. A. Burt.
They are the same as last year.
The directors then met and re-
elected the same officers and execu-
tive committee as last year.
Thus the management of the
road will remain in the same efhci-
ent hands in which it has been for
several years.
The annual report of FL. Rog-
ers, president of,the road, was sub
mitted and with it was the report
of General Manager Burt, which
entered into details of the opera
tions of the road for the past year.
Mr.. Burt's report was very full
and complete, dealing with every
department, and in the minutest
and clearest manner setting forth
as full rs was possible every detail
in connection with the manage
ment of the road, its business, its
income, it's expense of operation,
and every other item which would
would go to put the stockholders
into possession of complete infor-
nation concerning the line and it's
branches.
The gross earnings for the year
were $958,449.73, decrease from
the year before of $6,747. The ex-
pense for the year were $526, O13 10,
an increase of $2,716 so.
This decrease in revenue and in
crease in expenses are chargeable
to tho extraordinary flood begin
ming about the middle of March,
1898, which overhowed the road
and suspended traffic entirely for
weeks, although it was four weeks
before the road was in good ply
steal condition again There was
the consequent loss of revenue
growing out of the failure to oper-
ate the limo by reason of the flood
for about four weeks, to which
should be added tho extraordinary
expenses made necessary in the
way of repairs to track, fills, cul-
verts and the like, which swelled
the amount of extra expenditures
to perhaps as much as $4,000
Had there not been this almost I'M
prccedented flood, the gross earn
ings, as VOL, as tho net revenue,
for the year would have shown n
surprising increase over the pre-
ceding year.
Notwithstanding the flood sea-
son, there was a substantial in
crease in the earnings of tho pas
senger department for tho year,
and thore was also an increase in
the average fare per passenger re-
ceived. Taking into consideration
the hood:poriod;of the early spring
and the crop failure, which was
very general throughout the Ohio
valley, it will be found that the
of the road were far in
excess of what would naturally be
expected under such adverse cir
The physical condition of the
road is being substantially inn
proved and bettered. Substantial
stone culverts and permanent fills
are taking the place of trestles as
as the work can possibly
be done. Side tracks and depots1
are being erected wherever bust
ness makes demand for them.
The fixed charges of the road
are promptly met, and the income
account shows satisfactory figures.
Appended to the report of Gen
eral Manager Burt are the state
ments of Auditor Warwick, showing
in great detail all sources of revenue
and all causes of expenditure by
the road, which gives to the stock
holders the fullest possible infor-
nation as to every department.
all together, the report is
very satisfactory to the stockhold-
ers. and is a compliment to the adj
of the road