Richmond palladium. [volume] (Richmond, IA [i.e. Ind.]) 1839-1854, 1849-01-03

Excess Of expe ndtures over
ceipts to July 81, lS45, s. ,55J,3ll &c
STATES STOCK ACCOUNT.
The amount Of stock set apart to the
State the books of the Co.npa-
ny. being for rents up TO March /.
1e47, reported at the close Of
the last fiscal year, $l4,0l3 0o
Amount of rent Of Road for year
ding Feb lS4S. 1882 o.
Amount Of semi-annual dividend On
sl4,Ol3 05 Feb. /. ls4s, $50 90
Total amount to credit Of the State, Sl6.l45 %
The Directors Of tho Rail Road Compa-
ny. at their session in Nov. 1917, author
lied an increase of tho Capital Stock OF
tho Company to the amount Of Sl2O,O0O.
At the same time they gave a preference
to stockholders to subscribe for tho new
stock at par, each stakeholder being per-
cry four shares then held; or, if they
should not desire TO increase their stock
they wero pcrmitte to SOL the privilcg, to
others. The right to subscribe. or to dis
pose Of tho RICH, to do SO, extended to the
iO,h Of January, the money to be paid by
the l2th Of the same month. AT an carly
day Of the last session tho sublec: was
presented to tho Legislature in commu.
nication from this office but the recess pre-
vented any action until nfter tho 10Th Of
January, the last period for making the
subscription. For the purpose Of saving
tho right of the State, the Auditor and
Treasurer took tho responsibility Of sub
scrbing, on the part Of the State, for tho
new stock to which by the arrangeme mt
she was entitled. On the day before the
last day when the payment was required
to be made TO prevent its forfeiture, bill
authorizing it to be taken was postponed
indefinitely in the Senate. The officers
above named embraced the opportunity
which a few hours afforded to sell the
privilege Of subscribing, and found pur-
chaser ut 50, SO por sha re, roalizing to tho
State Treasury the sum Of $24s 80.
AT tho meeting Of the Board Of Direc.
tors Of this Company in August last.
another large increase Of stock was author
lied, and the preference aenin given to
stockholders TO take it at pnr. pro rata, as
in the former case. By this latter increase
the State has a right to subscribe for lO7
shares. or to soil its right to do SO for the
best price it will bring; and this right. so
far as tho State is concerned, is extended.
by resolution of the Board of Directors,
to the first day of February next. The
extension Of tho timo was made for the
purpose of giving the Legislature IN OPP
portunity to take action in reference to it .
and respectfully recommend the subject
to your consideration. The par rate of
stock is fifty dollars to the share. and
the value of stock in the market believe
is about fifty-eight or sixty dollars to the
share.
No account Of the receipts and expendi.
lures Of the Company has been furnished
this Office for tho last yenr."
i A bill authorizing the Officers Of State
to subscribe for the amount to which j.
is entitled has passed the Senate and will
probably pass the House. The bill au-
,horizes the agent Of State 10 sell the stock
so taken, as soon rs practicable after GER
tifcates shall have been issued.
The Legislature Of Iowa has elected C.
Dodge and George w. Jones. Z. S. Sena-
tors from that State, for six years from
the 4th Of March next. Both Loccs.
Taylor's majority over Cass, in the ma
ton OF large, will differ very little from
{ lao, GOO, from which. however, should be
deducted 10000 or Is, 900 for South Car
DINA. where the electors arc chosen by the
Legislature.
We are grasi6ed to learn from the
State Department, that James Bergen and
| Richard F. Ryan, the two American ciii-
zens imprisoned in Newgato, Dublin,
charged. with reasonable practices against
the British government in Ireland, have
been se, a. liberty. Their liberation has
been effected through the active exertion