The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-11-19
STOCKHOLDERS HEAR
Of PROFITABLE YEAR
ANNUAL MEETING OF VIRGINIA
RAILWAY AND POWER COM
PANY IS HELD.
OFFICERS REFLECTED
MILLION MORE PASSENGERS CAR
RIED THAN EVER BEFORE.
MORE THAN 500 STOCKHOLM
ERs LIVE IN CITY.

Reports made at the annual meet
Ing OF the stockholders Of the Vir-
ginia Railway and Power Company.
held yesterday at the general offices of
the company in this city. show that the
year Just ended has been one OF the
greatest In the company's history. d.
FACTORS were reelected and the board
met Immediately after the stockholders
adjourned. and rejected all the old Of
ncers.
The report Of the Board Of Directors
for the fiscal year ending June 30 was
received and the action OF the officers
In having the report printed for cir
culation among the stockholders was
given approval.
Directors Reelected.
Following are the directors named
for the year:
Frank Jay Gould, New York city:
Thomas s. wh@elwright, r sitterding.
Henry W. Anderson. Coleman wor-
than. Richmond; r. Lancaster VIII
liams. Baltimore: p. NJ. Chandler,
Philadelnhia: Finley J. Shepard.
bell. George II. Taylor. New York
city. r. w Roehling. Jr.. Trenton N
J.; Caldwell Hardy and Fergus Reid.
Norfolk
The board of directors elected the
following officers and Executive Conn
mittee:
Chairman of the board. Frank Jaw
Gould. New York city: president.
Thomas s. Wh~elwright. Rirhnoad,
Va: vice-rresdent. f Sitte~dirg
Richmond, Va: vice-president Henry
w Anderson, Richmond Va: vice.
president. r. Lancaster Williams. Pal,
timore, Md: general counsel Henry
w Anderson Richmond. Va se"re-
tarv and treasurer. G n. Williams
Richmond a yf ia ~
and assistant treasurer. George RI.
Tavlnr New York civ; n~sts'art SEC
retarv, A. f Dickson, Norfolk. Va:
assistant treasurer, w. J. Kehl. Rich
nond. VA
Tho Executive Corr ~-ittnc
Members Of Executive C0yr1r,,tttea---
Frank Law Gorid, New Work city:
TNorras s. Wheelwrirht Pshhr1oud
Va Henry w Anderson Richmond
Va: u NJ Che nd'ar Ph'Ia delnhte.
Pa F''~'av I Shnre~s New york
c''r. F~''7 Sitte~6in9. Rich r1ond Va
Fs~~''e Reid. No~fn1k Va: r W
Roehu~~ u Trer'on Y ". r.
fa*r~ar%nr u'i''tafne pnlti'n0re Nd
Thcve are n~e~ S,'A h,r-9~eA stock
hoiaa~s 30 -" V'r~t-ia Railway and
Pa~-o- ra's'"anv living IN Ri~h-,,r s,d
ard tteeea 7ols r~orn then ena-tnfrf of
the eu'ire CAPITAL stock of the svs-
tom
we~~ go ~rie' rv,ore rssse~~ers fNa-, In
Rnv ts|"r ~ea~. that the earnings
sh~-~e1 r,,a~tes t~ereaea ana thar
thr~n wee large fr~-~ase ~ sha ex-
tn"fttu-es sor eaNinnnnrt The rennr.
was one OF the most complete ever is
sued
gnt.-e,ss,S Are shown
Tho cor,1nn-s.'s sross "a ~v'irte~s dn~-
i've iris re~t~d we~a al 81 HaSST an
Increase Of s9eI GAL rs ever the s~oss
EARNINGS Of 'he fsrst year preceding
After dedrcting fixed o.d all other
charres the stater1ent shows ret
F1g ~uIus Cor the wear ~ s9Tl anA ca or
this n ,,ourt sTst as 20 was maid out
In dividends 10 holders of the co-1-
uanv's u~r*or-aa a~7 common stock
and s1ss.o5s as credited 70 s,lrnlus
In the orers'ing expenses for THE
year was Included charge ~ So 4
32aS3 per month. awg~e~ating sf6a-
coo for the fiscal year charged AGAINST
the operating expenses for tire Rtrh-
mond, Petersburg and interurhan div
isions 10 provide in part for the de-
probation on those divisions this
amount being set aside in cash and
carried in a separate account in hank
The total assets OF the Virginia Rail-
way and Power Company are given az
s4S 567,0T s5 This represents an in
crease cf s5ps.SaT "a over the total as
sets Of the company on June 80. 1914
The total surplus fund compared with
the surplus fund at the last statement,
shows decrease OF sssa 40T OF, due
to the fact that s55sss4s 80 was car
ried to the reserve for depreciation.
81 .695.t37 Passengers.
The report shows an encouraging re-
ducticn in the amount paid out for
damages and injuries. During the
fiscal year ending June 30, 1913. the
charges on this account amounted tn
$lsi.02l,7T. During the fiscal wear
ending June 80. 1914, the company
paid out for damages and injuries only .
S115.577se.
The report also shows that during
the fiscal year s5.s95,1a7. revenue pas
sengers were carried by the COMPANY
against 64.532.079 for the previous
year. showing an increase of i,l6S.l1s.
During the same period there WAS
decrease in the number OF transfer
and free passengers hauled
Twenty new steel side-entrance cars
were purchased and put In service in,
Richmond and Norfolk and three new
service cars were built in the COM
pany's shops in Richmond
There were 1919 feet of new single
track constructed,
Plans are now on foot for the or
ganiyation of system Of limited nen.
sions for employees. to be paid through
the relief association. and on the re-