Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-07-17

.,. g. -: -, 49,, =, . II, ..
1910 as foIlows:-
For tie Erie Canal enlargement $4,000 600
R SenSsge alley Caaa' oeo 0Oo
Local improvements. ................. 10000
- Total 90 ,o0 Ooo
The commissioner, gave notice that .ealcd nronosoIs
would he received until the 18th Of JuI inst At % o,cIl
for loan of 81 600 600 for the Erie Canal and
proposals for sa5oooo for the Genesee Valley Canal; for
which loans Transferable certificates of state stock bear
ing interest," and rejeemabe at any time after LIST
,''o D, fui'her proposals VIII DC re-
-, $40 oon - 80. 80, t, 80 '' VI, 'e"'''ii's
III .o Ere lanai F11V0oO lor inc tennessee
-.., e. 1911 - .,a ill.,. - ~. vi, 1, cmo.s
u,,.;d p: - - ', - ~ Inc 'o0" Ing
~ 'i' p''P'
inc , to re liberty OF TAX
bank offer not in heir opinion adraaisgeous 10 the
'nt IN. ~, o. me u'e STATE h;:, A., -,
j. to be deposited to their credit edatey the accept
T N az IN suen Pnnk or banking ASSOCIATION IN the ci
ance aud certificates of will be for
'a1n a'houn,
's y" 'iese Pi'P'saiS a' inc 'me' we USED the
IS,
agreed upon with The ali street cigue and anv ofeS @
any Other parties val not in opinion of the commissioners
cent stock whereas five Der cent 800 - p
pos vii thus be received for five cent stock while
with hs vie puiers Should mon move sa xry .aSn
that offers are made fer the five Stock
be aateIy ed in the Bank of Commerce Eor
ms Stunning the people Of this state vet to be severely
W., =; A. u...,., III, , ,
roh, r san.a- r. - ~, '0"iio, anu
tav Ia, o., ,., a. - -, -, - 80
in fu6lmen, Of our nr.1;con a., a.,
has cIosa ovor A., a,, ,l'
loss IN tho ,ax ra,,or. 81 A., 60, - 40, 20
ing the second section Of Tho Law, a,ho-;s A.,
4, c.e.
ander the dir cons ofthe lively
VIII
directed by law; which cer a,s NAV bear a, n,resi nef
20 s,eses Ha pe ee yearly payable quarterly aud shall he
now by law directed. :" ''e ''"A"e'
is said that the loan has been negotiated at per cent
would ask whether the state is 10 pau per cent as au
thorised by the law per onyi 1t high time that
the tax payers oths to the man.
ner in which the finances been mana ged for the
past two years. Before they aware of it. they will be
called upon like Pennsylvan to pay taxes for money
which has gone into the pockets Of brokers and pecua
Where do the commissioners fin their authority TO
sell per cent stock nj 500 on the 1907 al ner cent
stock sold a, public auction on the Eth June at mar
The mpudence of the Harlem Railroad in their a. nil
cation TO the CITY for loan IN ex,end their ,or ho
cited much surprises That comnanv so notoriousv do
6ccnt in means should pretend 20 take lead in 40 rnor
tan an enterprise rs the New York and Albany abroad
In orlcr to get control sny funds the sa or .,,ho
rtes might grant is astonishing Tho i,scI, Ia
exceedingly unpopular in the CITY a, accom-, NOT only
of the various accident, that have occurred IN II but Of
ah varions imposions that the public are Subjected TO-
not the least of which is the Sunday charp. Of 2I cents
fare from the CITY Hall TO 10th street when the day fare
is g. cents only This is 20 take advantage of the in.
creased travel ON that day At the same time so cramped
has the company been in its means that they have
been obliged to 6orro horses Of the Long Island Compa
nv TO do the work Notw outstanding this specimen o.
economy the expenses of the road seven miles are greater
than those Of the Utica and Schenectady Railroad for -
m lcs The fact is that the beavv delt nv the
companv in their enormous sxtravaqance is greater than
an. ,oos, rs,o-s h,s;osss con hoo ,rbo socL az tho
COMPANY is owned by six or seven Wall street brokers'
who use IL for their own speculative PURPOSES and have
appontel b,lf dozen directors for p,ltical influence
These facts have long been well known to the original
New York and Albany Railroad Company who have been
y cnae,voring 10 further the interests ~ the road