Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1851-03-04
Surplus
iEqual 10 II per cen, upon Capital issued

That these estimates may not extravaganza the Di-
recors call the attention OF the 70 te
OF which arc and most Of the others will be in
operation during this and the coming year.
lst. The Newburgh Branch, l9 miles long, commencing
at Chester and terminating Newburgh. valuable out
let for many kinds of freight Nearly 100000 feet Of lun-
ber brought the road have been deposited there during
the past month. Newburgh will, distant day. become
of The important if not the largest mart for lu
Der in this This branch is the property Of the
pany and TAX. in connexion with the Midland Railroad
Boston through Fshk Hartford and Providence will be
valuable part OF the New York and Erie Railroad
I'd. The Liegets Gap Railroad, extending AZ miles from
Great Bend the Susquehanna river the Lackawanna
Coal Fields Iron Works & at Scranton, and to be extend
ed to Wkesbarrc and the Wyoming Valley The great val
Of this road the Erie Railroad when shall be COM
pctcd in August next will far exceed any present reasonable
calculation.
Sd. The Syracuse and Bnghampton Railroad, conncc,
those important places SO miles distant from each other
This road is projected and the surveys being made
Attn. The Cayuga and Susquehanna Railroad, 81 miles,
connecting by steamboats, from Ithaca upon Cayuga Lake
the Central Railroad with the New York and Erie Railroad
at Oswego.
9Th. The >Chemung Railroad, running Jefferson, II
miles, and with steamboats, Seneca Lake, connecting
Geneva Rochester and Buffalo, and the Central Railroad with
the Erie Railroad.
9th. The Jefferson and Canandaigua Railroad IS miles
will be completed in July This will make continu-
line of 62 miles from the Erie Railroad to Canandagua
T. The Wilamsport and Emira Railroad 90 miles long.
part Of this road is graded and the whole is under
1t runs from Elmira TO Wilamsport, Pennsylvania.
g. The Corning and Blossburgh Railroad extends 40 miles
to the bumnous coal mines OF Pennsylvania and connects
the towns from which il derives ii name. Heavy rails are
TO be substituted for the present fiat rails.
g. The Buffalo and Conhocton Valley Railroad from Cor
ming 1873 miles Buffalo, (52 miles will be completed in No.
vember next II will pass through Bath Batavia and other
important towns, and by branch Niagara Falls, and
thence By railroad being constructed through Canada
West connecting with the Michigan Central Railroad at De-
tro The distance from Buffalo New York by this
over the Erie Railroad is 40 miles shorter than BY way
Albany.
TO- The Honcllsvle and Buffalo Railroad 80 miles long
This road passes through rich section Of country TO Aca
and thence direct Buffalo, II will be finished in May
1882 The distance from Buffalo TO New York by lhs road
is about the same as by the one last above named.
llh The Dunkrk and State Line Railroad running from
Dunsirk the Pennsylvania State Line % miles. II will
bo i'll operation in August next
18th. The Northeast Railroad, l9 miles long will be OPEN
ed by the ls August next and will with tho Dunkirk and
State Line Railroad, connect Dunkirk with Erie Pennsyl-
vania
Railroads from Erie in the Of construc-
ton and Will within one year extend TO Cleveland from
whence Railroad is in operation Cincinnati; also to
Toledo Chicago and Galena very dstan, day
ST. Louis forming the New York and Eric Railroad
unboken line of railroad communication between New oS
and the Mississippi river.
Arrangements have been made with some of the best
steamboats, the lakes to from Dunkk Cleveland
in connection with the Cleveland and Cincinnati Railroad
and to Sandusky Toledo and Detroit in connection with the
Mad River Michigan Southern, and Michigan Central Rail
roads, forming daily lines in each direction.
With continuous aud unbroken Railroad connection with
the nteninabe West in almost every direction and OPEN
ing upon Lake Erie Buffalo, Dunkirk and Erie naviga-
ton commencing earlier and continuing later in the
with the numerous tributaries before referred nterme
date points within State which in the aggregate are
more than equal this road in length gathering and con-
centratng upon it the business adjacent them; with
necion with the and propeers upon
lakes and exchanging with them both and fegh
with terminus the Hudson River at Newbursh and
Permon and the city of New York; with unbroken line
of wide track will be OF 543 miles, between Erie
and New York. and with wider and consequently
comfortable than afforded any other routes with all
these and less distance in its favor what reasonable
who is all acquainted with the present and rapidly in
creasiug business of the country with which it connects
for moment doubt the certain and triumphant of
the New York and Erie Ralroadl
And in conclusion your Board beg leave to remark that
in this period of county history when private enter
prise ia achieving such results the of sober calculation
is in little danger of finding the figures of his prophecy
rayed hereafter judgment against him. And while the
Board of Directors entertain strong hopes of more aerng
results they have in their estimates been extremely eau
tous against encouraging undue expectation Trustees as
they feel hemsevee be for the largest private company IN
Albany and perhaps in the World they appreciate the re-
sponsby under which they act and they would be reuc-
publicly sanction what their judgment did not fully
approve Their abos in behalf of the company have been
long and aduous and their endeavor is and has been
faithfully guard the interests entrusted TO Them and to be
prepared surrender them unmpaired and especially un-
stained by private gain personal advantage.
BY order Vt the Board of Directors.
NATHANIEL MARSH, Secretary.