New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-01-28
'NO COMPREHENSIVE CHES-
n lex VALLEY RAILROAD COMPANY wasin-

epotsd BY State Of Penosyyanis ON the si Of Feb
Ssy r ,as purpose Of completing the road ranains
twenty one miles This road CON 1enced same ysars
snce enSsr the charter Of the Nor stown aud valley
10 its consruc on bat owing 20 unnecessary be
enImeI1.sa, ,he scMpasI failed 70 coaplee the work
Abe creditors Of the Company the Legislature authorized
the consolidation Of the outstanding OF the
has been escted, and eleven thousand three hundred
shares at nifty dollars par issued therefor and authorized
stock to an amount At the par value thersoi to
complete the Readwhlch after stock entitled 70 diy
dend at the rate Of eght per cent per from the
time ofpsymeni and before any dividend can be paid upon
Sealed Proposals will be received until the srs, day of
Apr nett, Tor the entire completion Of said Railroad
conformity 70 plan and specification which may be seen at
the Office VI the President, at the Norown Railroad De-
pot at Ninth and Greeas SITS, Phlladephis and detailed
information will be furnished by the Engineer, n VII
Company mpeie and ready for and TO receive in
the c2sh-ths work be commenced
men shall have been ,s,sisd-sad to be completed within
months thereafter The form Of the ceri :ales oi
stock with specican o. me wofs required 70
be done and all other information will ne fur
nished by the President of the Company applcason
The Position OF thus Road, formos as will "ew con-
Meeting link DOWN. gop with the Pennsy Central
Rarosd aud Is branches and with the Reading German
and Nenistown roads Norrs,own must reader
of the most profitable Of Railroad investments Is
impossible that the Pennsylvania Central Railroad when
completed TO PtsbuIg extended 20 s. LOUIS and thus
outlet into fhiadepAa the accumulated tire sues Of
the West, CONNER at PITTSBURGH the the
Central Road must be increased by the produce Of every
county through which n passes When II Is considered
that the Columbia Re- ad Is frequently overbur
deLed the result apparent This of the Chester VAL
lev Eosd NUT become a physical necessity: Without
these"c rsdersiops, the produce &C. intended fOr the
northern portions Of Phladephis County, w.uld lind The
latter road the che route Add to hs that passes
through rch and cultivated country teemng With
the best products Of luxurious so that the lime neces
sa for ssrontura purposes is by al OBJ
lred from the Schuyik regions and that the coal thus
required and the lime thus manufactured, must be trans
ported THIS road hat the coal required for fuel IN va
portions OF Delaware sud Chester Counties aclndns
Wescbessx and at various points on the Columbia Road
west Dowplu must be conveyed IN the man
ner and that the marble which Gusts here ~ great
abundance and which TO be productive must be deiiv
cred blocks cannot be hauled sufficient szes m
wsSops but NAV readily conveye by of trucks
a railway The completion of this road would also give
re to increased number of mon, cotton and WOODEN
manufactures for which the furnishes am ale
in the Scbuylkl alley, which Is sent vest
via ne Delaware River and Canal at great Ell
p.nse of freight insurance time sc would pass over the
present road TO Downmgtown and thence 20 COLUMBIA,
Harrisburg &c The lumber used along the schuylkhl
and adjacent county. which chiefly brought down tae
Susquehanna and she Delaware aud Schuylkill Rivers
would pass through Colu@ba and Downngtown over .ms
road supply Of its largest items Of unnase Nor
there any why, IN the district OF county yng
between Downiugtown and Nsrstown dairy farms
should cultivated to the same tent along tho
New York and Ene Railroad. and their produce hnd s
way " market the present road
All these various Of income have been cr1tcaHy
ard carefully examined and the result leaves no douDt
of eight per cent the preferred stock, and an add
tonal dividend OF cent ON The consolidated socS
II is Tiers believed that An ample oppor UNITY now
presented to contractors ~ %oRRrs P,e,asat Of
THOMAS b. TAYLOR, Secretary.
PHILADELPHIA, January IL, 1851 ia la"hl