New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-12-07

empts from ,sxsion ths pzopegy Of ,hs Company sb
so,s,T ,or Is years and after that period condition
sy suh0rizrs tax nor % ex1eed, under 81 -srr--
Ftsncss 91e-tsT Il one cent upon the -sp'tai IN
isHt .at~, rad eVenps "ni.felT Tn tax. Y Tie
di~is.ass ~ - good per -aut par suuuu
me ~-e5os,1 and k1su5ks K dl-5ai ccn..shy ,Aes
eonstizi-d, ard having psrchs'ed the rsbt yri.ag-s
ffsoch,''s srf c@y 81 zoe cid rosf prey o 70
c0nttrEct tie Ire and szr. & % an are-ssc q =-h
the R-s..h md GAston Railroad. ~ 81 e-ure new
i.ne o. s1,ui useE ih l-ug.-, -siea I'll .-ssa
Sr'if- ss "a 81 .ne I'D = niles Tire Of .os1 beng
80 IN --'I-r '~-g
-. ,-i-s psld ~ - c8 =. ~ j.. .o-'ooasnL
fnd i'- H oiIer property OF TIE company i s-O90
The sctUsi rsaa 5 50 y-or '-7 IL ll A---- - - -e-
o r2sny g. az, $500. .ssvtlz ,si-nce % the
c-tt o. the property scco1rt o. cv- 20 100, vnicb
~ - diriiai arn0sg the Shareholders u cor'sts n
- st; q S7sy excepting p0-ti-c n rat IN IN
Caro- o. sd uncer ~ e4'curcr, oui ~0c' has 'a7e
be-r ss~r-efI idc e1G 80 rnbsos zleris some oi
-h'"a 49, Wy hre-y az - -a.r- az srs6en 80
rs@e easy, onJ 5-~' grs1ianis being - hilh - >
ieei sF the 0rids-s the present supsrsruc'ure
consisting 2 81 iron rsii ,hs fsso' t1iidns' sd
!-n0s nari md dsp5. At PT;snontr 1s S0p,
f:-.!c7syy eS-i.e end tns-. ~ locomotive eGHnes
passenger cars iresa' cars &c We md some '1rP''
'aads;
TIE zoe. =, iis od Com 5sry wss sl5lo 90. sad
ul0 1s exception CT hat y.ri Of zoe road IN North
Carolina, s5ove sl.5c-d 20 sc!d under exeeluou
IAN W,cb has since zen secured . To- pres IN
psny for IRE sum NJ 80 jq0 80 p1rcasss ircinde'
ever thing held y then.
s,ock ~ ihe amount h. purch a. vz 500 Oo9.
Fss feen issued. Additional stock . The amount Of
= m. 4 ~ RE heer crested.
ffl.p.5,9se5 10 rrisv The tack With ] Ri. vtisl-
ies III A 20 Toe - ysrd 10 the mot 1Iftsta
manner, % construct he -sw portion Of t,o zoe IRON
Weldon 70 Gsrto' u furnish N additions equipment
% ears srd engines snt - Du' tie ~noe Inc i''s %.
efcior: ccn.iren for .as trar saeoD Of isrge ana
important tvsiress. The rosd vii oe put into opera
tou entirely Tree Of debt IEs estimates ior this Pur
p-se have ben msde sfser c'retu. e<sr'n snor a'H
fuf lent margin 10 ieft for and nolndsd
10 ne amount Prov'sion 10 als3 made i9r me pay.
ent q Interest ugO5 ihe assessments until the road
10 ecroplnt. Z.
Tao imnoeds'o 5us.lsss NJ re lOsd viii b derived
from m local basin, 81. ifofa the Wilmington sn3 Wei
don R,'lFos' tom tie Hsisgh and CASTOR R1'reas'
a,9 s.ri tie vsgey ef tis Roanoke Riyc- whore the
R9su - Navigation Co. hsv- eE3snded $4,000 10
eanss srt other improvements he ec-ps u this
imme iIsta busneis are estimstec z: sl37 sJl, eK-
oso. 50 CO. leaving sl54 $40 Dot income or Is
= cent N 10000 the cost o, the r0sd T. the pre-
ant ..o-khode-s ~ 10 = cont upon the fin osP!,al
10000 when the s-oc Al ieu1 before referred to
shsi have .esa made. Ths prospective 5u'.nc:s o.
the road however Il much larger rom i.' conaec:or
with al too msu roads OF ito southern sts,ef run
ming south and West The hsIb,T g Norfolk, cue @:
tbe very teft "a the coast viii st.rsct age oopl'
nasrce wh=n this svenus Of communication WITH me
interior g established Is s te.iev@d mat viz lire
o. steamers tbe Bsy, large portion e .Oe or .
uth.ra travel III. .ass tn,s route frOr ..1 :: 9sli
moro. -,ol'ios Foe route ;b,os.s "sshiost)n, Rica
mono. Ts,e,s. ~. a., a. This r,a- vill he worked
very cbesgy =, 10 has eas7 grades or curvs' a-i ~
...i 4as' % u, VOID % ob.s-od at ono 90..r =
cord Ioe sbsenca r. t-ost sbo saosv ais, which 10
olui- ofhesvy sNpendturo On rihorn ros-si q. -
,o ,o'- f.itrr. o. '.!s road the line vii b, re al
sud 1-r7oe,sd Su-'-v 100 and seoaoss Of ,ha rosa
7si be IN operation ssy q miles to s1foiS esry y
the yssr and ~ miles to EseF ~-.as, scor -.ss IL.
nssit.r here 10 Ia SIC ..ods c. WnSlow, Le-.5. CO.
81 Wsf-si ~ Wr Wsrd Of ostou, Ia the P-sii
Aor, wm Collins Of "a P. Hammond Whitney
oi Norfolk, Treasurer JsJ1cs Bsrres Of asss. Eog.
nae, au5 Mes.rs NJ Wilson Portsmouth, -. inoI.
Bu1s GO Andrew JoYner weldon, NC. sud - a"
Ward. Bosion, Directors