New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-27
lnNinp PERSONS at par

H.
Augustus II Ward lOOOUiI ID. SteWaIl--- DUN
Ro6t r Nlnturn 10000 Cammdnn & White
Henry GriuneU 1900 10000 house, for them
Waller Bowne 49, lOOOOl selves and others 10000
,N,ii;o+, R.cicv COO Aaron lose - 1000
VIM Uawlev 3OOOJ w Hubbard & Co 1000
John A. RoebDg 5OOO.Wm VI Halstei-- 5000
lny. T. PlCnCpOnt 1900 thompson rice 3'VOO
Ward & Co. for them George A. hoyt-- 9'OOO
selves and others $1,000 Moses Taylor..--.- 1000
David Lee.. 5000iRObt. Bayard------ 10000
100000
A considerable amount beyond the amount needed
wasbid for
A meeting was held at Rochester on Tues
dav last in relation to the Rochester and Genesee
Valley Railroad AIr Body submitted a letter from
Mr. Swift. the engineer who had examined
the route, which leaves Rochester on the
west side Of the river, and crossing 1t at the
rapids near the Feeder Dam-thence up the
Genesee to Gcneseo, crossing over to Mount Morris,
thence up the kshaqua to Portage IN Alcgany coun-
ty-a distance of 40 miles The maximum grade to
Mount Morris would give an ascent Of % feet per
mile The remaining distances would be about %
feet per mile. The cost Of construction, exclusive
of depot accommodations, for 32i miles will not ex-
coed $l5,OCO per mile, or an aggregate $iS75OO. The
balance or 49, miles, 100000, a total of 1888, 900
Whole cost from Rochester to Portage, $ol',5OO.
For the sake of safety the cost assumed 10 be
$IOOO.OOO The distances from Rochester TO New
York by several routes, are put down as follows
BY way of Canandagua and Jefferson Rail
road and L. Road at Ramapo; -;--.---.- 3!C miles.
GeneSce Valley, Via Avon and Conhocton- 81
DanSvllle --------.----3Ss "
Junction with Buffalo
n Y, at Ramapo- -4O1
The share of the city the cost of building the
road to Avon, amounting to $295,OOO. If Rochester
does tins the people south of Avon will supply the
balance of the funds for completing the road
The receipts on the Connecticut and Pa
~,..,-s~ ps~.- n-ii-o~d ,',o ys~r ending Juno
1851, $l49,5S3 IL
Expenses same Observation-Disclosures 65i5S 10
Net earnings sl,I2i %
Interest and two dividends of u cent
each-----.--------.------- ------------- 193ll 90
Surplus for the year -;.-----.------.-. 1873 92
Surplus previously on hand 1856 81
Total surplus June l. 1851 --.--.-.----.. $500 %
From this the directors have appropriated sufficient
to meet the entire loss by the freShet, wmchoccurred
IN the spring OF 1850, and which could not be aScer
tanned until some time after Its occurrence. The
amount of extraordinary expense charged of for tins
purpose IS about $4,000.
The Annual Meeting OF the Rutland and
Burlington Railroad Company was held III Burhng
ton Wednesday, the 18TH inst. 1t appears from
the TreaSurer's report
The cost OF the road WaS-.-.-.---.-- S3,430j9S 65
The cost of the furniture -------.------ 32itH ~
The cost OF other expenses. .---.--.---- 99007 65
For dividends on preferred stock...---- is9,lS7 O.
$4,34344l %
The Superncndents report states that the net
earnings of the road the past year were S277l75 50
Running expenses ACKNOWLEDGEMENTS l05O4l 90
Balance $l72434 80
This balance Is sufficient to pay the interest on the
whole bebt and leave a balance Of p cent There
are sixteen engines in good repair, and but one in
the machine shop The car furniture for the present
season Is sufficient, but the motive power deficient
The corporation have. however contracted for six
engines
The President stated that the Company have com
plciod an engine house at Rutland, capable of con-
tanning sixteen engines, and containing a turning
table a machine shop Is attached TO this, with ma
chine of thirty horse power Another engine house
and machine shop are in process sf construction at
Burlington. The Vermont Valley Road opens on
the 23d, and thus opens travel with the Connecticut
River Road to Hartford ard Ncw-York The Rut.
land and Washington Road, which hitherto run
only 10 Casiloton. Will now connect with the Rui-
lard Whitehall Road thus Opennc communication
10 Saratoga Springs. Al the last annual meeting II
was voted 10 extend the Road from Burlington 10
Swanton thus opening travel to Montreal and St
Johns. An individual Who owned five shares OF the
Burlington and Rutland and was also an officer In
the vermont and canada Railroad. went 10 the
Judge OF tie Circuit Court, and an Injunction was
land upon those individuals who were prosecuting
the subscriptions, thus SuSpendng operations for the
present.
The following resolutions were adopted
Rescued, That the vote passed 10 the last annual meet
ns authorizing the payment II the interest due GA stock la
stock certificates, De rVSClnded
RfsolttG. That the interest due on the stock &, Ian /
SoV WIN tt addition thereto OF 10 cent. De settled hv
Ne issue II Scp CERTIFICATES payable years from
Sept M and drawing interest al per cent Der anuum
payable annually said scrip 90 be only IN sums Of
even nnnufeoS ~ collars amounts less than 500 be
consolidated and scrip issued Is above stated on s,ockbol
e> having interest dUe less than 500 Sf Pc tntte %
S I'D a eni 20 me treasurer ol the difference between
such amount aLd >lo0