New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-05-25

OF which s2S7 600 3 bonded nyeTtble deb1
The capital stock of the said new Corporation is there
fore fixed pursuant 70 the said Act Of the Legislature al
the aforesaid aggregate sum of twenty two millions egh;
hundred and fifty eight thousand six hundred dollars being
subject be increased by the conversion into stock the
principal of the said outstanding bonds TO twenty three
millions and eRhiyiiye thousand six hnndted dollars
The said capital stock shall be distributed rste2y and
among the stockholders in the Coupsns parties
hereto that every stakeholder In each OF the present
Companies shall receive in place Of the stock held by
such the Ike number Of shares par in the
capital stock OF the new Corporation.
The amount OF the bond or funded debts other han the
convertible bonds above mentioned due fromthe said Com
follows oliows' 49, '''
Albany :.S sSh,TsStsdy Bs'ss
Syracuse and utica Railroad Company la coo &c
BSsso and Rochester Railroad iOOo @
The respective compare. are to pay al the neres. due
or which may accrue ON their said indebtedness up the
first day of May thousand eight hundred and 6fiy
three.
An indebtedness existing against either of the parties
hereto the close OF business the sch day OF Apr
last other than the debt herein before referred 10 20 be
paid hy<he respective parties out Of Their own assets
This shall not extend to any indebtedness for engines
machinery CT supplies contracted for by any OF the parties
delivered
The Det earnings of the various Roads after seth April
70 he paid over 10 the Corporation.
The Rochester and Syrasuse Railroad Company shan
also b credited with the which shall have been
pended by them in consrucsirg andequppng their sigh
The partes hereto respectively. shall be authorized q
retain Tor division and rbuon all moneys which they
had on hand on the 3oh day OF AprlAS M amounts and
Ssbt One 10 them that day and all stocks and esues
Gr the payment OF money which they then held.
The new CorporSon take the stocks OF the Great West
erp Railroad Company, Canada West and in the Buffalo
sna Stat Line Railroad Company, owned BY the different
Corporstiops al ~ following prices For the stock Of the
am Western nnoad Canada West, par for the stock
Of the Buffalo ard State Line Railroad Company par and
twenty cent premium The sad stocks are TO De pad
for by the new Corporation in cash or cent bonds be
fore the FIRST day Of November next.
Tbs Mohawk Valley Railroad Company shall pay over
10 the new Corporation without delay the amount Of the
first instalmert Of cent received on the capital
stock OF the said company. =,
The Syracuse and Utica Direct Railroad Company shan
also nav over 10 the Corporation the amount OF the
first insfaliment Of cent received on the cSp,d
stock Of the said company.
TIE whole amount unpaid the capital stock Of the
Buffalo and Rochester Railroad Company Is agreed sn
be paid 10 the new Corporation
The estate properfy and franchises Of the said companies
parties hereto which in pursuance Of the said act OF the
iegssture viii vest in tue said Cooperation on rs
ORGANIZATION being relatively Of unequal value. and the
stocks of the respective companies having heretotcrs
uniformly sod in market rent prices or rates Of pre-
ium hs parties hereto do hereby with the view Of MAX