New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-04-20
"FfE BUFFALO and STATE LINE
IL RAILROAD. DIRECTORS:
Benjamin Loder, H. A. KisIey,
Homer Ramsdell! John Wilkinson,
William Williams, d. Richmond,
H. l.. Lansing, joseph FIELD,

H. L. Lansing Joseph Field,
Tho Buffalo and State Line Railroad built along the
southern shore of Lake Erie IL commences as the CITY OF
Buffalo and terminates at tho State line dividing view ioA
diate with the central line Of RAILROADS running
through the interior Of NswYO b way ., w
the several lines Of Railroad and with the haa,0n Baso
NewYok and the Western karGsn 20 mo con,rucns
to with the New York and Enc kaifoad Az -;
Its Western terminus brings 1t in connection with the Ere
and North East Railroad which, point 10 miles west OF
the State line will during the coming season. connect WIN
the Railroad to Cleveland now In process OF o III
the Railroads running from the northwest 70 Ine souheay
and westerly portions OF the United states pmaS an
shipment on the Erie Canal of nearly all the produce ana
merchandise passing to and from the sea-Doard 70 oate
large and constantly increasing trave and is believed that
when the connection Cleveland ia complete (which VIII
be as early as LIST Of September nex the amount OF uave
bv this Road will not be surpassed by that OF any other In
the country 1t Is the natural and 70 all traVei 70 OF oA
the West by way OF the NewYork oads tne on pas
Navigation closed about half the year. and or aoo e1
Of the months it OPEN the entire travelling PUBIC WIN
prefer the safe and expeditions communication oy
road that practically there can DO no competition Win
this road during the of the principal travel
has been constructed upon the most direct a
upon easy grades Its length Itynine miles Its entire
cost and equipment will not exceed SoOooO noPenca on
the LIST of March last with but ye passenger ana nc bs
present time Its gross earnings Tor Maren Wers u
an Ser s" Us
r b.
During this travel for xtytwo miles west OF Ere mas
been by STAGE the heaviest and next 70 ngassaoe
not yet being open between Erie and Ceve
land. -, .o,o "a.
The amount of capital subscribed and paid in L $500 ooc
of which $3.50 600 owned by the New and Enc Rail-
road Company and the New Central koads
The Company issued in October last 300 bonds OF SW
EACH payable fifteen years These bonds were readily
disposed of; and the first instant the CompaLy made
another of 800 bonds Of 900 EACH pedgns the In
come of the Road for payment of principal and interest
These issues under perive law OF the State OF
New-York ~, :.
The interest and principal of the last issue are payable IN
the City the banking house OF Duncan SheI-
Co, and the interest semannnaly oy coupons ~
tached on the LIST of July and January OF each year
moments consideration Of the relation TINS road VIII
have to the Southern and Western Railroads and Its con-
ncction with the NewYork Roads and rs mportan. tetl
nus at the leading commercial city Of the West together
with the fact that it built upon the shortest possible oGs
along the southern shore of the lake. Will justify the Deei
that its revenues when the connection with Cleveland Is at
tanned will give the stock Of the Company value second 70
that of no other Railroad in the United States
The issue of Income Bonds above referred TO are now onered
for sale by the Company and may be obtained on
st the Office of Messrs Duncan Sherman Co-bunalo,
Ars1fQ 1852. GEORGE fALalEfA rresloen'