New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-04-15

Road vas proposed capitalists purchase Of the
Iequous Charter Under this conviction the Directors bad
which not then metured sufficiently be submitted that meet
ms -, ~ 0. ,.r., ,h., h. ,A r. 49,, .,, q, ...u,s
Conjunction Bonds The fret Two Millions Capital Stock
and the h 70 Dc pa thereon are pledged TO be
The necessity Therefore which required the Of stock 70 hoss
the eventual capital should be found
coed Arrangements for funds bv tho nae . nducenen
In the month Of April 1852 the Director. cqncgded cS
m lthe sale OF four thousand Construction Bonds teo' OF
eco each hearing interest at seven per cent per aTg
bese Bone entitled Of subscription To- become
uescber for ten shares Of soek for each bond when the
were prepared to issue the shares and upon payment OF nch n'
pation the eventual of the stock and mneda
chase. Of rs nod other materials upon
terms and payable large Construction Bonds at
The contracts for ersduatons masonry then negotiating
O s9e PSSsSs IL Ss s Of Bonds in LONDON
etey definite form which has since resulted IN the sale Of
The vast importance the for s. oo roo Of Bonds
in the advantages Of the stock the
in the month Of May the President desired proceed 20
L0nSon to take Se n Sn
by his presence and advice lie was snthod TO allow al
Of I'D G s ShP Ss : ss1 o f"' 2" h s Bond
esby for thereof for ThSh .se p0SSsa R S
oeD,um per anpuIn PAYABLE IN m %
Of The oods aid the opa of %
eeeh IN share aren't u "''A'"' ''''
In he meantime Directors had completed purchases of % aud
other and had for the construction ofthe
roodsy, BRIDGE lands &c "
mnis and the Company had been created and o wnh
me proceeds London subscription Bonds available under the
named in the prospectus IT became ne tc in Lone
don the number Of shares 20 which they were eaea
The capital by Directors from time to time 70 meet the
Of Company and make go ,tS5 NJ cost t b
Vet was deemed prudent procure legal advice upon that point
ept Of the actual the COMPANY then existing the
c tine the well being
Cogpssy IN tho 6es 1dfTen S reach 7 6o aud t
therefore the e.gt@ d ss do n sa of
TIE this effect passed on the h day No.
yembeT 1852.
fds for e completion the Road and the supply Of d
quate equipment VII BE- Sb subscribe for stock and that no
further upon the stock already issued VII be
cuSed in the prior the period when demand
sne % Good p"cy will require Compauy
sTefay sale O9s as full supply for settlement
than the Interest accrung Bonds In the statement Of Wy
and Directors have omitted all to the land
nisbpg means for the construction OF the Road
the Financial Statement hereafter submitted will be found
ma te sum stated in the Report November by s9l7.
The over estimate November from the computation Of the
final adjustment OF that in
pecop with the London Loan. The isnow corrected
The issued and to be ued smonnttO So
1856 GO $1,000 at Y cent per pungm the rer2n
der The Two Millions o ct sce . OF 9d are therefore
The Directors further sale of s. 600 o0o of Bonds
for The purchase s OF S hs IN BDS Of c
whose bid ha accepted the privilege OF subscribing for Three
amount and 70 subscribers proper Provisional
Certificates expressing the obligation Of the Company TO issue nch
conformity to the provisions Of
Cb the Directors viii have right upon
Dc9ps not exceeding nsamen which shall then have
called ne Statement by The exhibits financial
dn Of b Company the LIST Of March inst and estimate
Ways and the construction Of the Road so far as