New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-11
Communication !
INUs11IIIul4t Won
Hudson River md Harlem R.,l..

Hudson River md Harlem Ra,lro.s-
To ne Editor Of Tie TSitpe,
As good deal OF discussion has been rsl,.a ,.,.,.
the advocates of the Harlem Railroad in r,s,-.,.. =
the claims OF that work % the aid and confa,oe. =,
eitizens in preference 10 the Hudson River Ro.. =
which strong and meritous efforts are now n.,...
allow me % call the attention OF tho pubic IA
facts which ousb, certainly to have strong 49,.
upon the question at ssue. No clsren surely -,
expected 10 embark his funds IN the Harlem go,
frat understanding It's ooRdica and the lonosis. 49,.
mary Of the various passed Tor the benes, of A.,
company. sni their provisions, vii throw much a.
upon the sutect both as 70 past Frasrss and prs.,
prosp,ofs.
April %, l,5i-An &C: % incorporate the H.,,..
Railroad Company. The capital s.E0uOO. 10 e.
struet Railroad rom the north bounds 81 TwerN.
third =, IN the city OF New York 10 Harlem River ~
n orsnch 10 the Hudson River. The whole 70 be Ca
pleted IN for Years
April 6, l,32-To amend the above act by which n.
Road Is authorized to enter the city of NewNors NJ
'eetors empowered 20 increase the capital % s5occ
Afril i. lS.o An sct 20 extend the tina tor cen
peung MS Railroad. and branch. fs0 tarrs Can't.
Increased 20 $4,000 Company authorized 20 hor-cs
money snd mortgsge the Rosd 10 the amount Of st0o
May II, lsSo-An act 70 amend the act incorporsrss
.ne company authorizing ;lem 20 change The ronle ga
bfanca raitofa extending the time for consletirs ths
whole road foar sofs Also % convert the $3.50 o kor
rowed INTO capital and issue stock 10 hatnpount mai
Ing the whole capital 81 9.OCOO
March 6, l-i;An &C, 70 extend the Tim s,',,s, fr
completing tie road for tso ysavs
April -. ic59 COMPANY Aatho-issa 10 tnereas. he
capital 70 1850 eoo and 70 borrow 70 the amount of H.
capital paid issue bonds " the amour, h,rroOl
and mortgage the property security Director, a.
thorzed 20 confer upon holders OF bonds the fish, Il
CONVEX. the principal into stock authorizing an mt,
csptsl 10 the amount Of s3e000O.
May :. isio-in act authorizing the Directors 10 \,
10 fha
si9oOOO0 The time allowed for completing the 5rsna
extended nco Foars. Company also authorized 70 e.
struct a Railroad through Wes,chester county con
mencng al Harlem river 10 ntersect the NswNork sns
Albany Compsnys line OF road, Also right OF eon
struc,ins branch essterly 10 the line of the Sue
Connecticut TO interseci Railroads in thai state.
May IL. iS45.-An act authorizing the " X X Coz
extend their road through the counties OF Putnam pv
chess Coumbis and Rensselaer, 10 point on the Ilgs
son river opposite the City of Albany. OR TO SON
OTHER POINT in the counties OF Columbia or Rea,
sescr At their option 20 form junction with asy
OTHER Road leading TO point opposite the City Of 4
bsny No grade therein 30 exceed 40 feet 10 ne aie
glance at the above summary Of acts shows ths
the Harlem Company were authorized TO issue sioss
to the amount offs 100000 five years before "a al 70
passed authorizing the extension OF that road 10 Abu5
That that amount Issued must De inferred han
the tact that each extension OF capital and adduop,
sue was authorized by sTaros o.. To al The open,
tons OF the Company the reader viii see Now
with an amount OF stock already shoai lacking bri ls
over one million Of the entire cost OF the Haion River
Road what can any man, in his senses to say nothing
about late issues calculate that Harlem stock VIII here
after be worth Let those who think OF dsiJ'Hd' make
the calculation Tor Themselves
But II this Is not sufficient let the public glance ior
moment at the debts of ssid Company. As shown sJ
the official records, they were in September Ia. as "a
lows.