The Daily spy. [volume] (Worcester [Mass.]) 1845-1850, 1849-02-01
WESTERN RAILROAD-

We have received copy Of the Fourteenth Annual
Report of the Directors OF the Western Railroad Cor
pora,icn, for ee financial year. which terminated Nov.
80, l84S.
Although the Company has paid its interest divided
8Per cent 10 The shareholders, provided for the Sinking
Fund, and added something to the Contingent Fund ;
the receipts have been such as to warrant an unusual
outlay in the improvement of the road The dilcbes
have been wdened; decaying slice Sers replaced by
$1,000 new ones and the rails on four miles of The
track replaced by those weighing IA bs more to the
yard lO79 feet Of new bridges have been erected 10
second track; and steam Ferry Boat bull. for cross.
ing the Hudson Twenty five % net ton engines. and
400 freight have been added 10 The stock large
Depot has been built Greenbush; and about 80 miles
OF second track have been laid down. These numerous
and expensive improvements have, as the Directors be-
iieve, enabled the Company to do its business with
promptness, and TO the satisfaction of the public.
Notwithstanding the immense amount OF travel ne
accident has occurred which resulted in the injury Of
single passenger All the bridges between Worcester
and Albany have been raised sufficiently high to clear
the heads OF persons standing on the trains
The number Of passengers in 1S42, was 100 436; in
lS43, 2O0,965; in 1874, 22O257 in I845, 223 in
1876, 1856 in 1877, 388 81 ia I848, 4o5 CID
The number of tons Of through and way freight in 1886
was l66,394; in l847, 2746sl in l84s, 265.542 10
the same proportion of course have the profits of tho
road increased, till in the last year, they amounted TO
S6797ll.
The total cost Of the construction and equipment of
the Road up to Dec. /, l848, was SO 900 1853; more
than million of which was expended during bc presen,
year The total means provided TO meet Ibis ou,lav
are, 81 800 shares OF the capital stock amounting 10
S5i5OOOO; sterling Bonds, "a 3l9 $40; Albany CITY
Bonds, 100000. Total means, gI0 469 $40. Ex
cess OF means above cost, g5G7 y367 Deducpg ftom
this the amount paid the Sinking Funds, il still leaves
balance Of Construction funds unexpended, amounting
10 gl09 1877.
II will be remembered that ii 500 shares oil The capi>
tai stock were created during the pas, year. The hi.
tectors state will be necessary to about 1000
more new shares during the present seasons as is con-
iempaied 10 complete, during this year, the construction
of the second track between Worcester and Springfield
of which miles remain to be aid and 10 perfect other
improvements.
The income Of the Pnis6eld and North Adams Rail-
road for The year ending Nov. 80 1913 was 228 3i9
Expenses, 81 ,467 Balance, SlO,852 But as the
Trustees Of the r. and N. A. r. r. guarantee 10 The
" estern Road an annual dividend Of per cent.
amounting g26 755, they become responsible for a
deficiency during The past year, Of nearly GIG 900
OHIo. The ftouse, today, have passed bill declar>
Ing the "Back Laws" ESQ caIed of this State uneon1
stuiionaI and repeating them BY vote Of SO IL
IL the Senate does no. arrest Tie bill, hs odious enact
ments will be erased from the statute book
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