New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-01-07
eSa3H 50
SEnllO % 90


Deep River Bank Conn, has declared regular dyi-
dend Of 4 q cent, snd an extra dividend Of A. p
cent. The Hudson County Bank, a sernannusl divi-
dend Of y cent.
The correspondence in relation TO the sale
Of his boats TO the Nicaragua Company by Com.
Vanderbilt, has been published in circular, from
which we gather the annexed details. Com Wander
bib, in his proposition, states that be has had various
proposals. to purchase his boats but deems hs duty
TO offer them first 10 the Company He says
81 will sell to your Company the steamships Nor
fhern Light Star Of the West PTometheus Dlniel Web
sieT Brother Jonathan, Pacific, and ) :. Lewis, 70
able sia0cCo in cash and $50 O00in the bonds Of your
Company, payable IN one year from the date OF the bills
An the coal huIks and all other futures your Company
ske II cost paying Tor them from the first earning Of ne
1.-THE above proposition is accepted within days,
''''' my c vAsp,ruLr
p s-Shoud this proposition be accepted by your Com
psny and they wish the agency OF the line Of
ships for the neIt twelve months Will do 30 at the u.u,
commission. CIV
lhis proposition was accepted by the Company, as
will be seen by the annexed report:
OFFICE the ACCESSORY transit Co, OF NIcARAsUA,}
NEw-loRE, Dec. n, 1852
At meeting Of the Board Of Directors Of this Company,
held ts dsy the following resolutions were unanimously
Eecired That we regard the proposition Of Mr. C. Van
rLde 70 ths Company tins day ard dated the 9th instant,
just fair and liberal in its terms and conditions and that
tn, Company do hereby accept the same.
R'ited That for the purpose OF procuring the sum Of
$4,000 u e1peden 10 issue 40 o shares OF additional
capital stock IN this Company and that we hereby direct
the 20 be AZ once issued under the direction OF the
NicePpE6eut and Secretary
Rcsoi,ed That when the 90 COO shares Of additional stock
shall be issued the shall be placed IN the hands OF the
NicePIedent for sale aud dsposii under the insTuc
tiors and directions following, t9wit
Futile shall BE- authorized % associsie with him. for
the sae and disposition OF the STOCK such pcrs0n persons
a. 20 him nay seem proper. ,-,., -,
Sccosd-No share shall be delivered until the whole
amount shall be subscribed for.
ThbdNo share shall be sold at sny les rate than go
Fowh-Eyery sale shall be for cash.
F-The sales shall All b. made by re individual nero-
Gions Of the Vice President and his a'soeiae, be shall
ATNo pan Of the stock shall be sold a The BoaTd Of
SInfh-wheu the money shall be received, the sam.
shall be paid into the treasury Of the Company.
Resi,ed Ihst The Secretary be directed g cause one
this Company b. printed tsr usual form, aud 70 I'll
the same easugthe date blank, payable m one wear
Roorsd That copy OF the foregoing resolution. be
pleasure which feel at the restoration Of harmony aud
coed feehn between himself aud this Company
The foregoing isa true cory nom the minutes
Isaac G. LIZA, Secretary.
The Company then made srraug enents to continue
the agency OF the Boes in Cornelu. Vanderbilt at
commission Of % = cent.
After all the arrangements were concluded with
Gem. Vanderbilt, ard the new stock disposed OF
TO various capitalists a, 81 the Company proposed and
issued the suhjoned circular in justification OF their
action in the premises
To ~ Sioclhl8s,sQf he iotsso,y ToaEsR CoNpaay Of
According to terms Of an agreement made .ous tune
since between Mr.. Vanderbilt aud tins Company t was
iAo The oo, an eemeT' which were employed Ia
ton with the Transit route either AZ their valuation
The Directors entertained a. earnest SOLITUDE 20 INTRO
duce entity o. purpose md harmony OF action tsc whole
line, BY connecting all the operations ~eI the
eeeen % siong the tIensL Snder aud the
TEN OF management They were, therefore well aware,
meIc OF the advantage hat OF the necessity Of vestns
The O~ueEsP Of hese steamers VI the Tr1ost Company
IL was evident also furtheauce of this design that the
purchase Of the wouls promote the permanent ~
teres OF the Stockholders and establish the credit and
Character Of the Company in regard % Is aud caEa
cry solid foundation; for beside. placing the Com.
penys service the extended hne between New
San Francisco IA efficient well a uniform orranist0n
Il would to the Stockholders add ton 70 the ran-
ct receipts, tue larger profits that yielded By ths
ocean steamers knowiedse OF their net earning, having
boen obtained nom statements derived from the a-counts
Themselves. The Company however was not in poses.
siou OF the cssh 20 make tins purchase and would
have been Obliged 20 allow 10 such capitalists drsre 70
Income ownefs Of the ocean steamers N d Of Ii Object
the greater Ct the prolt earned BY that branch 81 the
senice-incIessed - their receipts wegd necessarily ~
by sharing m tie connection, IN the Transit PRIVILEGES de-
NV d nom the Compsnys charter.
In srsr therefore 10 or the Company N.
nned advantages 20 resu nom TIE OF the
service on the whole route tie Directors believed that the
only plan which promised 20 be alike feasible ard bcnei
eA was 10 male new iae u stock o. be placed s1d Dis
posd Of al the then marie value with the sssaHce OF
the neI 81 the steamers IN such q 6epress
is value BY the Sudden appearance OF this nsrease quaa
THY ard thus with due PTecAuron, united with pronpt
meas aud dseasOn, 20 compass the means tor the
accomplishment Of The important object view forty
81 so share and the steamers hitherto EN- 2oyea
IN Connection with the transit route the property
To have saeIed this issue 5r sccep.snca o.refi.
TO the stockholders large order 10 rsse ths phaS.
money would have been too doubtful espcent not
absolutely impTseiicabe. On one hand reasonable
10 suppose that there nEht have Been Of Conscience
N the stoes Al that pcewheh rather above aver
axe guoanon foT some time psstwhcn great an amount
Wa 70 he issued IN which Gaze ths supply world hsyr
exceeded the demand the plan vosd have failed OF sue
On the other hand II there had beeu zere,l a,sn
son 20 tale the sfoos the Original a0ckAoie- cd hsve
ben placed on tOtng with the stoc kholer - d.v
for, would have been impossible 70 a.iIinne ~
thei oontentrg claims woad have resalte issztfac
ton.
bcsdss-snswsrs to -ucA an oaer might sai no doubt
woOo have been delayed uun efforts Esd been made 10 n
sze the shares when tie knowledge and the effect OF 20
sse quantity, In rnaEy bsods pressing the market
would have been certain to deS.i n. object.
H. therefore, under beef thai Incumbent or Dis
ssSt 10 rave offered the new issue 90 the present tok
hoaeiS ths Directors hsd ahssained ftsm acting Lhey
rave done, The stockholders assured that th-
o.esh steamers would now form part OF their co-ps-
THIS las been adopted sy the Bo.rd o. pre,,er,
eesf thorough eoavicon that thew sctei in STRICT A.,
siih thelr own duly and ia turtle rs1cs OF the b.
o. TIER eoosnt9enls and this communication &
ssoe 10 are now interested in TIE elfu-r 81 he CIR
r. al 20 'aose aso whc NAY hercaer desire % su-,in
Sei'Ans By order Of the board OF pir,,srs P1' III
-srVs.or, r. JAS hz 7. oepEx Viee-Pre.drr,
Lz. lSSS '"~1"hs q NserTGss1, Nszs- lork
s,hn me annual report of the Managers Of the
resulg. s"-' sAh-sst- the following
q, ,-S,".- anisge ior The Year Is sn0ass
- we isst year % Sf2 COZ iu.. Nnich i
yoT 2, slSsi6 t1s The rsT nd over any
,aa e $3.50 ~ CT an average Of $ t sss,. ca.
scenaine srsour,ed ~ tesSI.se ascending aud L.
~ sos'o ~ msxag, with tie income sso.' tevea1e
s,It t~ I estate, t1'a revenge Tor the xs w.er