New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-01-18

Aud that after provision al these payments surplus
esrned OF sso7S 7s Of which sSei 10 Vas eHpcnd
~ o the payment of interest the floating dee' IN me
early part Of the year ard before the resolutions passed 81
the last meeting could be carried into effect No sneh ZEN
Will again diminish the net revenue
The measures alluded 70 for protecting the other
creditors should the proposed arrangement fail were
stated in The Tribune some time ago. The following
resolutions were unanimously adopted hy the Stockholders
Re.s,sd Thai the Reports which have been read and
adopted. and the acts OF The President ana mAhases
BE- and they hereby approved. confirmed ANA osso
"Rs.ored Thai he Construction account he closed
sad until the vote shall be rescmded a. some an
rua special meeting Of the Stockholders called
r the purpose OF cons dering the same aud lhst no N
81 the liabilities Of this Company sha pe iheSti'
under circumstances wscut the authority u me SceA
holders duly given a. special OF Annnal meeting -,
ReslreS Ths, monthly seeoan' OF NE incSnS sna
and likewise statement 20 exhibit the account OF DEBTS sno
Debt"
The Repor, 10 altogether the most satisfactory thai We
ever remember 10 have seen eu,sus,e from this Company
sDl Their, would now really seem 70 ee some hope-the
COMPANY HAVING adopted The cash system IN s business
and stopped oa the leakage through Ina CONSTRUCTION &C
ol the eoneern using nom rs Aea' dneuy ana
depression.
M Neal as the Represeusuve OF he New England
stcek and Bondholders. also maze report (Which was
ordered 70 be prnted givng history Of he progress OF
the COMPANY and statement Of rs csrscN tot rsc and
rroh,. sc.
An the ola chcers q he Compsay were reelected "a
cent John Towne and Hugh Campbell managers In
-, -rl.c.. c : Boxer and Robert d Cullen were
Elected
Al a meeting Of the Coal usde IN Philadelphia CT
sn,dsv was resolved that the policy Of advancing the
rsss Of toll As he progresses lad opeIaed n"f
cr, and therefore recommended the Reading Kairoec
and SebuyAIi Navigation Companies to IL one rare '''
ue entire ensuing season.
m, r,su : considered very fsvogaole Ire spPiopnA
toa Of slooo peg aanaE 70 exingGish The aisr dee o.
IL COMPANY VII necessaI ~ absorb Pcft'on o. NC lf'
ia bit IN any event greatly 70 the ultimate n'se -
ne soekAacers This investment 70 also 10 be tr'u'n0~ "
Re soekAoders IN common stock ~ provided oy INC es
lalo,s ADOPTED N Sep,ember las hoped that next year
viii show more ACTIVITY he Iron Interest AMI nus H.
crease the demand for Coal
Shoud his demand give he Company even me sahs
eoL naase as IN lStr the ne, proas SAYS ne Report
wUas BE- Sufficient make the required sPTropaons 10
seres dividends N preferred sook sinking td &c and
sse % Inc common stockholders The same DIVIDEND a. IL
cow PAID 70 hose preferred
Tie rod and equipment are now equal 70 'asihess
oiooco tuna being an increase o. $4,000 tans over hal
tie past year and no augmentation Of the capital would
N required for the transportation OF that tannAge
The deb due to the Company and STOCKS Se .rceevsd
settlement Of debis) being gradually realized he
PAYMENT Of large portos is secured
fas roei bonds and mortgages amount to sisSss'
w Which may be regarded the fxsd amour, OF csP'ra
sod psel To The payment Of the and diYdeods
seo MS sum, The reveuas VIII DO exclusively sppheaoe
fn manAssn therefore. recommend thss As capital *