New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-01
THE BUFFALO and STATE LINE
ID l. u
Benjamin Loder H. A. Risley,
Homer Ramsdel1,' John Wilkinson,
William Williams ID. Richmond
II. L. Lansing, Joseph Field,
Jas. s. Wordsworth, A. NJ Sprague.

Il L. Lansing, Joseph Field,
The Buffalo and State Line Railroad built along the
southern shore of Lake Erie 1t commences at the city OF
Buffalo and terminates at the State line dividing
ard Pennsylvania At its Buffalo terminus it has an imme
date with the central line Of Railroads running
through the interior of NewYork by way of Rochester,
the several lines of Railroad and with the Hudson River to
NewYork and the Western Railroad to Boston. Buffalo 10
also the of lateral Rsoads constructing
10 connect With the New York and Erie Railroad.
Its Western terminus brings 1t in connection with the Erie
and Northeast Railroad, which, at point 10 miles west OF
the State line will during the coming season. connect with
the Railroad Cleveland in process of constructions
Cleveland will then be the principal focal point OF nearly all
the Railroads running from the northwest to the souhery
and westerly portions of the United States Buffalo being
the of western trade and the point OF trans
shipment the Erie Canal of nearly all the produce and
merchandise passing to and from the seaboa1d States
bordering the Lakes must always attract 10 very
large and constantly increasing travel; and believed that
when the connection to Cleveland complete (which win
be early LIST OF September next the amount of travel
by this Road will not be surpassed by that of any other in
the West BY way of the NewYork Railroads the only out
let except that during the OF navigation by the Lakes
Navigation closed about half the year. aud for about three
of the six months is open, the entire taven. public Will
prefer the safe and expeditions communication by rail-
road So that practically there can be competition with
this road during the season Of the principal travel
1t has been constructed upon the most direct route and
grades Its length is syy-nne miles It's entire
and equipment will not exceed OO0 IL opened on
the LIST of March last with but five passenger ard twenty
freight cars and with but one train each way per day to the
an average Of $40 per day. its earnings for the rsi SIX days
OF Aprl $7022 % being OF SllIO per day
During this time travel for xtytwo miles west OF Erie has
been by stage the heaviest and next to impossible
roadnavsaon not yet being between Erie and Cevs
land
The amount of capital subscribed and paid IN Is $500 ooo
of which $50 900 owned by the New-York and Enc Rail-
road Company and $3.50 BY tie New Central Roads
The Company issued in October last 500 bonds OF 81 600
EACH payable in fifteen years These bonds readily
disposed of; and the first instant the Company made
another $40 bonds of 81 900 each pledgng the in
of the Road for payment of principal and interest
These issues made under enissive law OF the State OF
New-York.
The interest ard principal Of the last issue are payable In
the City New York. at the banking house of Duncan Shsr-
Co. and the interest semi annuay, by coupons at
tached on the LIST OF July and January OF each year
moments consideration of the relation this road will
have to the Southern and Western Railroads, and Its con-
nection with the NewYork Roads and its important terIn
nus at the leading commercial city OF the West together
with the fact that is built the shortest possible route
along the southern shore of the lake. will justify the belief
that its revenues when the connection with Cleveland IS at
tanned will give the stock Of the Company value second to
that ofno other Railroad in the United States
The issue of Income Bonds above referred to now offered
for sale by the Company and may be obtained on application
at the office of Messrs Duncan, Sherman CO-Butfalo
April g. 1852 GEORGE PALMER, President.