New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-02-21

The Attics and Buffalo Railroad Co. have declared
dividend of four per payable to Newfork stock
holders al The Bank Of the State OF New-fork
The Boston Advertiser Of Thursday furnishes the
following sketch Of the provisions Of the agreement be
tween the Boston and Worcester and Western Railroad
Corporations alluded 10 in our paper Of Thursday
The agreement the basis that the income derived
from the transportation OF passengers and merchandise
over the line formed by the two roads shall be done al
heretofore running through each corporation e.
ther furnishing proportion OF paying an equiv
alent The income both from passengers and merchan
disc Is divided between the two corporations by making
in the first place EACH stipulated allowances from the
Boston and Worcester Corporations TO the western or
the greater of road and expenses oil workns pro
portion to the amount OF transportation ana dividing
The residue The Corporations IN proportion
10 the distance of spoaton their respective roads
On the ground OF greater expense oil transporta'
ton on The Western Road, the Worcester Corporation
agrees defray the expenses OF ioadng unloading COL
lection and other local charges this end for the ine
as an oset like expenses betrayed by the western
CORPORATION on their part of the line although the re-
cepts of the latter from the joint freight are two or
three times the amount OF those OF the former.
The effect of the principle Of division rs applied Is to
give the frat class passenger fare regulated Tor the
present 10 the Worcester Road, for distance OF Az
miles 81 and to the Western Road distance of l5G
miles from Worcester to albany 81 and on way pas
sengers rate exceeding cents mile. in addition
10 IS cents allowed on the Worcester Road.
On the freight which 10 graduated as is well known,
at extremely low rates aud consequently gives very
low rate OF profit allowance is made 10 the Western
Road beyond pro division OF 10 cents ton de-
Quoted from tho share OF the Worcester Road on all
freight conveyed from places beyond Springfield
The Boston and Worcester Corporation agrees pay 10
the Western $1,000 per annnm on account OF The ex
penses of the ferry boat between Albany and Green
BUSH There various other stpuations of minor inn
portcnce.
The new Board of Directors OF the Western Railroad
their first meeting ordered theEpctition to the Leg
ature that should prescribe the terms by which that
Corporation might the Boston and Worcester Rail-
road and authorize the Western Road to establish
depot in Boston, be Withdrawn and thatthe suit pend
ing In the Supreme Judicial Court against the Boston and
Worcester Road be discontinued.
A bill Incorporating the Cape Cod Branch Rail
road" from Middeboro' through Wareham TO Sandwich,
has been agreed by Committee of the Massachusetts
Legislature with provso that it shall be completed in
two years. This proviso will remove all objection upon
the of nouuser and this line in connection
with the Fall River and Newport will enable passengers
from Cape Cod to reach NewY without first going
Boston and will increase the distance 10 Boston
the Plymouth and Pymtou but slightly there
be no reasonable opposition to its charter.