The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-06-25

MONEY MARKET.
Monday .Jmne yA-9 IL

The stock market to-day remains without much altera-
ton Quotations appear to he more firmly sustained and
the operations based antcipations of further ad-
At the oldlBo ard the sales very limited.
Farmers Trust improved half per cent? Norwich and
Worcester Iii Long Island Canton, sonington, United
States Bank, Kentucky and Ohio SIS closed firm at satur
days quotations.; Indiana declined per cent. At the
Board Norwich and Worcester advanced per cent.
and Ohio 6 Z; vcksburg fell off Il Harlem l.; Farmers
Trust illinois Erie Railroad since last SALE Long
Island and Canton closed at Saturdays prices.
Advices from Vera Cruz the 9Th inst say thatnone
Of the instaments due the sOh Of April paid at
the last dates from Mexico. The Mexican government
may have withheld the payment OF this nsalment until
the Annexation question disposed of. From the tone
of the dispatches received by the Mexican Minister in
this city, we should Judge the Home government antic
pated immediate hostites.
We have received copy of the charter recently granted
for the construction Of railroad from New Haven to New
York. through Bridgeport. We have read more ia
vorabe charter than this Every facility is extended, and
privileges granted to the company, to insure speedy
completion of the work The charter compels the road
10 through Bridgeport hut does not any point Of
termination the western line the State of Connecticut
The capital efhe company fixed in the charter at $4,000
OOO with the privilege Of extending to 900 0oo if it
should be deemed necessary The right OF way is found
ed very just aud principles Railroad companies
have heretofore experienced great deal OF difficulty in
obtaining the right Of in some sections OF their roads,
In most instances the right kind OF spirit has prevailed
and Of the soil have not taken the slightest ad
vantage of the company but in other the most
bitant charges have been made, and every difficulty
thrown In the way of the company possible to
ceve The Legislature of Connecticut have provided
against these contingencies by inserting clause in Sec
ton It'll Of the charter stating distinctly how the right
of way may be acquired, viz -:
"And it shall be lawful for said company to enter upon
for them the manner and for the purposes set forth in
the first section hereof And said Company shall be hold
pay all damages that may arise to any or per-
sons-and the person persons to whom damage may
arise and said company cannot agree to the amount
apply to the Superior Court Of the County in which the
real estate damaged may be situated and to cause notice
to be given to the adverse party OF such application and
thereupon said Superior Court shall appoint three disin
terested and udicous leehodrs to the amount of
such damages and said ireehoders after being sworn
shall give notice to the parties Of the time and place OF
their meeting, the business OF their appointment at
which time and place they shall proceed to hear the par
ties and nqureino the exenof the damages and shall
just damages 10 the person PERSONS whose real
may be taken injured which assessment shall he
in writing under the hands of said freehoders and the
same shall returned the Clerk Of said Superior Court
who shall record it, and when SO returned and recorded
such assessment shall have the effect OF Judgment anu
execution may issue at the end Of sixty days from the
time when such shall be returned IN favor
Of the persons respectively to whom damages may pe as
sessed for the amount to them assessed PROVIDED al
said Railroad shall be opened the lands oil any
person until the damages assessed to such persons s
have been paid, 10 palu, W ne
And that the said damages shall be SO paid or deposited
with the Treasurer of the county within sixty odyS 'er
the same shall have beep finally determined
This relieves the company from vast deal oil trouble
and expense and is feature that ensures more speedy
comnlon or the road than any other we notice in tho
charter The company accepting this charter must ex.
mend the sum of one hundred thousand dollars said
road within two years from the adjournment of the egs'
lapre granting IT, construct complete and put in ope.
,,;o single track within four years after the passage
~ ,hs act otherwise the powers and privileges Of said
CORPORATION become null and void. The sum Of one hum
ed dollars before mentioned required to be
expended in equal portions the road between New
Haven and Bridgeport and Bridgeport and the west line
of the state The capital stock Of the company Is to be
considered personal property and to be taxed as such
that the value of the road is taken at the amount OF the
capital stock and like all other personal property in the
State tho income only to be taxed Very fortunately Tor
the ultimate success OF this work, IL within the limits
of the New England States and in the hands OF Eastern
capitalists whose energy and perseverance are so con-
spcuous in the railroads of that section This
road when finished, will connect Bostsn and New York