The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-03-08
Sc ,4ia O. 1885 80

This increase amounts to more than two hundred
cent 1t will be seen that about twohirds of the egg
gate income for January, leAe, from freight alo
An increase to this extent, and an income from
source, throughout the year. must place this railr
line in very prosperous condition, and improve the
ton Of country, through which it passes very much
bill il before the Legislature Of Michigan authoris
the sale Of this line to company of eastern capitals
and the prospect IL that It will pass. 1t 10 quest
whether the State would be more benefited BY act.
sale of the road than would be by keeping t. lndiv
ual enterprise will, without doubt, make It moro ri
ductivs than the State officers, but the income 10 like
to be 80 large in such short time, that il would b
great service in iquidsting the interest on the pub
debt, and part Of the principal
At the last advicss, the Michigan House Of Rspres
tatves was engaged in an animated Discussion Of
sale bill. An amendment taking away the power
making branches was adopted. The capital stock
S. 600 600. with liberty to increase It to 50 ooo.o
$4,000 900 in considersionlof the transfer Of the Cent
road is payable in Michigan stock.
The earnings Of the Southern railroad, Michigan,
Ja.uary lsa5 aud 40. wsre ~ annexea:-
SOUTHERN RAILROAD, MIcHIoAN.
Total receipts for January, 1915. 81 2o6 81
Total receipts for January, 1916. $1,000 1901 q
Increase In favor Of January, 1916. .ss2 ass %
We annex q statement exhibiting the number o
mount Of applications for the relief under the act
Congress- Of August 10Th, isa. entitled an Act to o.
blsh a uniform system Of Bankruptcy throughout y
United States. ard the proceedings had thereon in
District Court Of the United States Of Kentucky
BAsKRurrs IN KENTUCKY.
No. of applicants for relief under the act. ... 281
No. who were discharged from the payment Of
their debts under the act. -. $1,000. 1,8a
No to whom such discharge was refused BY the
No. Of applications shil pending. d
Aggregate NUMBER Of creditors given in by the
Agsrsssss amount Of debt: given in BY tn: .ppii ~
Asss:ss: amount prop:i.; .aii.nd.i.d y s:
Aggregate per c:ntum paid on tho .1xssxsts
debts out Of tn, aggregate property surren-
oereo. .aotns o. Per y
More than sixteen millions of dollars were paid 1
Kentucky, by this law.
The Directors Of the Old Colony Railroad Company
of Massachusetts, have submitted their Second Annut
Report from which sppssn that passenger trains hav
been run twice day since Nov TO- from South Bosso
to Plymouth The account being only made up to Dss
L. shows but 70 received for transportation Of ps
ssngsr, freight having been carried the roa<
The expenses Of running the trains during tins time
charged to construction account.
&Thsrs has been paid in, on account Of capital stool
$3.50 1850 This amount with the exception Of $5e ~
reported cash HANDY has been expended follows
for surveys &c, $ls642 10; land and damages, $sls
7is 6s iron SAIL 4s depos and furniture $50 os q
grading and masonry $lo9 So bridging s27 I:
superstructurs $s7 leo IS; fencing, $li70s IS;
and engines, $4s,Sss SO.
Holders Of Georgia eight per cent Bonds from to
inclusive called to present Thorn for payment
the interest the 9Th Of March Those payable
Savannah to be presented at the Bank Of the STATE
Georgia those in Augusta at the Bank Of Augusta o.
those in Mlledgeville, at the Central Bank.