Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1905-10-12
CENTRAL VERMONT
Annual Meeting of the Railroad
Company Held in st.
Adams.
had PROSPEROUS YEAR
Net Fronts Over $1,000 Above Thos Of
Last Ycnr-Improvcments and Ad.
ditlons Made at a COST Of
e2O3,O.4.2O-The Directors
and Officers.
had PROSPEROUS YEAR

st. Albans, Oct. 10.-The annual meet
ing of the Central Vermont Hallway
company was held at the general Offices
of the company. in this city to-day. The
Stockholders held their meeting at eleven
oclcck when the following were elected
dircctOrs: Charles NJ. Hays Of Montreal,
Edward C. smith OF st. Adams. Earl Fl.
Fits hugh of Montreal, G. c. Jones of st.
| Adams. Dr. w. Seward Webb cf Shell
bnrne. John ". Stewart OF Middlchdry,
John G. Mccullough of North fleming
ton. T.. II. Iaker Of Boston, Henry y.
Day OF %l:oston. S. l.. Nilner AMI f.. l..
Marston of New York city. Albert futile
of Fair Haven, and Charles +. Smith
of Burlington.
The reports of the officers were re-
oeivod with muck satisfaction. the net
profits for the year being 81. $685.. an in
crease NJ over q thousand over last year,
the whole tclrr a remarkably good show
ing when the extraordinary tx lenses and
improvements are considered.
Officers OF the railway for the cnsuing
year were elected by the directors as
follows: Executive committee, Charles
NJ. Hays. T.. n. Baker and f.. II. Fitz-
hugh: president. Charles NJ. Hays: vice
president. T.. n. Eitzhugh. general man
aeer. G.. c.. Jones: treasurer and clerk.
w. H.. Chanee: auditor, W. q. Gre bbe.
The other Officials who were appointed
hv the board arc John W. Loud. freight
traffic manager: Robe IT J.. Burnap, scn-
eral freight agent; John f.. Bentley. gem
eral passenger agent: Chester W. Wit.
tors, attorney; w. r.. Mullins. superin-
tendent Of transportation; c. T.. Soule,
superintendent: f.. D.. Nash. assistant SUI
Ic~rintendcnt; NJ. Magih. superintendent
"f telegraph and car accountant, A.
I buchanan Jr., superintendent Of motive
power and car department: j. n. Nor
rison. engineer and superintendent of
structures; J. h. Laurie. purchasing agent
and general store keeper; W r. Elrod.
general roadmaster.
The report of President Hays shows
that the gross receipts for the year
were $3,557.175.71 and operating ex-
penses S2,193. 1851. The receipts from
all sources show an increase for the
year of s33,4S4.61, and the total oper-
ating expenses, an increase of SEES
335.25.
The report says the operation Of the
road has been satisfactory. the prop
erty has been well maintained. and
the cost of all additions and improve
ments amounting to s203.O74.29 has
been included in operating expenses.
One thousand box cars of Go. 900
pounds capacity. two cafe parlor cars,
four coaches. two smoking and two
baggage cars~Aave been acquired under
a car trust agreement. The total cost
of this equipment was $~704.5O7.35. of
which s~s4,5O7.35 has been paid in cash.
the remainder, $500, 900. to be paid in
a. a
for which the conpany's notes for
1900 each. bearing interest at 4ia
per cent. per annum have been issued.
The report of Vice-President f. II.
Fitzhugh shows the following improve
ments made during tho year: New
bridges. $l23,SS4.25; new tracks. sid
ings and spurs. $634.22; new fuel and
water stations. engine houses and turn
tables. s423.S1; new stations and ware
houses, s7.945.7S: new steel rails. diff
ference between value of old rails
taken up and new rails put down. $685.
SIl.os: ballasting. s7,S2o.3o; new loco
motives. s27.O0O.OO; new cabooses,
s64.S4; new air brakes. s1,9so.00; total,
$203.O74.29.
TRAFFIC.
The number or tons carried one mile
was 267.S15.O6S. an increase OF 1900,
203: the earnings per freight train mile
were $3.50. an increase OF IL cents
and the earnings per ton per mile, SIS
cent, a decrease of .O2 cent.
The number of passengers carried
one mile, 42,393, 79s. shows an increase
of l.276.S57: the earnings per passenger
train mile, $l,O2 same as previous year
and the earnings per passenger mile
2.29 cents, IA decrease OF .O2 cent.
STRUCTURES.
Thirty.ive miles OF track on the thirt
district have been relaid with new 50