New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-12-07
TRUSTEES SALE ROAD sro1y

Il and BONDS SIMEON DRAPER VIII 81 :, . IN
WEDNESDAY, The sih Of December At Ia os, >osuoa
RAILROAD STOCKS
go shares Rochester and Syracuse RAJ road Co slA,,
no shares racuse and Utica Railroad Co, sl,o
go shares Buffalo and State Line Railroad Co sl1
l0o shares Utica and Schenectady Railroad Co. $40 80
2oo shares Uucs and Sehenectady Railroad Co ser,,
go shares Fre and North East Rs lroAd Co s0,,A
100 slsres Enc and kaamazoo Ra roai Co SSas,~h
90 shares Northern lnd.ara Railroad Co. 100 esch
leo shares southern VI chiga1 R.ilroai Co. Sl0oesH
g shansU :. Nal Steaulstig, Laws Line siaoS.~,
5shaI,. Pleife Nal S t Co, $1,000 eseA,
q share Frie and ka.smszoo Railroad Co 2DsNA
Is shar,s New.lork Ere Railroad Co. sl6e ssca
RAILROAD BONDS
$4,000 Buffalo and State Line LIST Mortgage pc, cen,
$500 Buffalo ard State Lnr Income per esat Rom,
eSS,oO Vermont Na..ty Is Moitssse per cen. Boat,
Is Pacific Mil Steamship Cos Bonds, sLoto easA,
$1,000 rst Mortgage per cent Bond. Of he cue,.
$500 Frsi Mortgsge per cent Bonds Lalsye,,e ara
Indianapolis Ralrosd.
DEREMPTORY SALE of RAILROAD
i BONDS-THE BUFFALO, CORNING GrA NgW
YORK RAILROAD COMPANY Will sell by Asetou.
through SIMEON DRAlfR, or WEDNESDAY, De Is
az ~ o'clock at the Merchants Exchange s5ct oftAr
first Morgsge Bonds These Bonds fr 81 600 eah nj
mature l April 1851 They bear for interest A Ae
OF 4 ut per snuur due the lst April ana ,e
October the Bank OF Commerce In this city They re
secured By the fIst and only Mortgage their whole i
and franchises made TO john stevens James 5. r.
Stranshau and john c. Cray trustees and are con
vert BILE the option the 30 der INTO the CAPITAL i
of the Company, any time before 1881 The MortsAxe
provides Tor issue in all OF sLoNoo of Bous IN spe
ned lots consecutive portions OF The road ihrou
open 10 pubic trathc. $4,000 sold lac Nav.
Sl5OCC0 are 10 be disposed Of and the blancs n
rot 10 b. offered u next Summer afeS tie other poroas
of the work completed
The road Is now finished ard running 10 Coneseas al.
u miles, and graded ior nearly Il me further
Batavia The iron purchase ana paid for, for tins Whos
distance. When IN May las $4,000 OF the Bonds ofhs
Company offered a. auct the eastern section tho
road he'd only beer put operation. and all estimates
of rs earnings merely CouitctuEsl. The havs
now been running since May average about s. nies
sud the earnings are equal TO fully 10 y cent the
entire Of the whole 81 mile section completed IA
vet only The way traffic has contributed 20 the recep,s
which have been constantly increasing; and the Directors
snticipsfe with well grounded confidence. cOntlnned
augmentation from the channels OF traffic they arc
now Openug Il is believed that "a" receipts exceed
those Of other section Of unhnshed railroad IN the
State of eugth. aud - short time IN operation
cation secured for Depot buid and the Directors feel
confidence IN SAYING that he cars VII run over tho
Coming 10 Bu ao 1871 miles. Its grading masonry and
bridging OF the best character. the Depot buildings
and substantial, and the entire work VIII compare IA
yoraby with any other IN the county lis rails are Of tho
the connecting link between the Enc Railroad Corning
and the Great Lakes az Buffalo. The Buffalo and Brsnt-
ford Road Is Of the broad gauge aud VIII continue
tins channel OF railroad communication 90 Detroit and the
Far West The district OF country through which the Buff
fao Corning and New York Road runs Is the most pro-
ductiye IN The esern part 81 tins STATE AMI Affords local
traffic sufficient 10 maintain and pay good dividends ON tho
road aud the Directors count with confidence on
fair share of the great through raye IN addition The ehaae
ter of Bonds offered such that the Directors can
with sincerity that they equal 10 any Railroad So
cunties in the market, the net earnings on that part OF
the road running heng Sufficient 20 make certain the
payment OF principal ana interest on the whole amount al
Bonds the Company authorized to issue thus placing
their safety beyond question The convertible clause sds
10 to flalrr cal A. n Investment.