The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-15

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| !" Great Western Buffalo S. l. Rail s
road 0s... $1,000 90
= Rea estate 6's.................... 2lS,000 90
" Mortgages assumed. ................ 2oS 100 81
Convertible bonds, new issue, 7s....... 3s06sl %
Average Of interest 100 per cent per aum
The cost OF the road and equipments il follows
Aspsr les Togrs.e"t
Graduation and masonry SO laa 70 ss,5assio 81
Superstructure incl ny iron 8, i46a72 ID ass Il
Passenger and freight sta
tons, buildings 4 fixtures 6T4,575 % 500 302 rs
Engine and car houses, ma
chime shops, machinery
Land land damages fences $40 05l SO 3,5O1 06O 81
Locomotive fixtures and
poughs ......... Ass, $40 As 1904 931 81
Passenger and baggage 475,482 IL $50, 262 53
Freeh and other 82500I IS 1910 104 10
Engineering aud agencies 5Sl,736 60 5600o5 80
Total........... So, o44, $50 25 81, 9oI s74 Al
The length Of the road is Albany to Buffalo direct
29l% niles additional lines 236 miles leased lines, 20
mies Total 56a miles. The length of doubling track
owned By company, included in previous table, ie,s
miles. Weight of rail main track, 56 rs lbs. per
yard Number engine houses and shops AZ of engines,
1885, of eight wheeled cars 20o9 Of which 1st class pas
senger is, "a and emgrant do. 30, baggage 90 and
freight na 1o Me sa run BY passenger trains
2556,s74 miles travelled by them, 163, 473. Tons
OF freight carried sso5 total movement Of freight
tons carried mile 81 los $50. The freight is classi
lied in tons follows The product OF the forest,
= $50 the uct Of animals, ia, Az vegetable food,
Loo otlN agricultural products o,oa5; manutac
lures, 2,2i4; merchandise, 94,643; other articles,
I4.s32 Total, s4a sos.
The Morris County Bank, the Newark Banking
and Insurance Company, the Trenton Banking
Company, the Meshanics Bank at Burlington, tho
Sussex Bank at Newton the Burlington County
Bank ut Aedford, the Farmers Bank, Mount Holly,
ard the Cumberland Bank at Bridgeton, will apply
for recharers at the next session of the New Jersey
Legislature. The Mechanics and Manufacturers
Bank of Trenton, and the State Bank .. Elizabeth,
will apply for an increase Of capital. Application,
will also be made for charters for the following new
banks:-For . bank at Newark, with q :spital Of
$500 900; for another at Newark, with capital Of
100000; for one at Beverly, with capital of
10000; for one at Burlington, with . capital Of
100000; for one at Hackettstown, with q capital
OF $4,000; for one ct Camden, with capital of
81 900 000 for another ut Ca mden with capital of
100000; for one at bennington. With capital OF
500 900; for ore at Gloucester City, with capital
OF 100000; for one at Bordentown, with capital
of 500 900, and for one at Hghtstown with CAPT
tai Of 100000. This will do pretty we'll for one
session. One would think there was scarcity OF
banking capital in that State.
The earnings of the Cleveland and Pftssburg Rail
Passengers. ...................$19,51l %
Freight, mails, &c........... 33.l62 1852 61S so
Receipts for November, 1865
Passengers. .$ls,253 81
Freghts, mails, &C.. 2.297 $780, $50 rs
Increase. .sla I22 "a
At the adjourned meeting of the Rutland X silroad
second mortgage bondhOders, held in Boston on
Tuesday, the committee Of Ave appointed at the last
meeting, made report setting forth the facts 10 the
case, and the claims Of the second mortgage trus
tees to retain possession of the read. The same
committee Of FIVE were authorized to meet o like
committee Of the dist mortgage bondholders, and
endeavor to enter into some annie able arrange
ment for the management Of the property
that will promote the interests Of all. A
meeting of the first mortgage bondholders
has been called for Tuesday, December 49, 1t
appears by the report Of the committee that
the first mortgage puIports to convey its real and
personal property to secure the payment Of bonds
to the amount Of. 81, 10000 That by the law Of
Vermont mortgage Of personal property is void a.
to third parties, unless the mortgagee takes and
retains actual possession Of the property. That
such possession was taken in this case. That At
subsequent period the corporation made q second
mortgage to secure the payment of new issue Of
bonds amounting in all to 81 200 900. This second
mortgage covered all the real and personal property
included in the first and all that had been pur.
chased by the company after the execution Of the
first. Some time after the execution Of the second
mortgage, the corporation delivered possession Of
all the property to the trustees under it, and they
accepted it in trust, under the said mortgage, and
have continued to hold it to the present time; and
1t is believed have managed it to the satisfaction
Of al parties in interest The first mortgage bears
date Feb l, 1851 and the second il dated August l.
1868. There have been three deeds of surrender
made by the corporation to the trustees under Il Q
second mortgage. The first was made to Messys.
Henshaw and Stevenson, and bears date Of Nov
l6, 1853. The second was made Feb. Is, 1854, t,
Mr.. Hensbaw and Mr.. Lee, the successor Of Mr..
Stevenson. The third was made to Mr.. Henshaw
and Mr.. Thatcher, the successor Of Mr.. Lee, and l.
dated June 3, 1864. The second and third OF these
deeds Of surrender contain express grants Of ali
property purchased by the rporation subsequent
to the date Of the second mortgage, to be held by
the trustees in trust for the purposes mentioned 10
the second mortgage.
The warrants entered ut the Treasury Depart
ment, wsshisgton, on the 18th and 18th instant,
were -
For the redemption Of stock. $si, EOS 10
For paying other Treasury debts. 1,sI7 -
For the Customs Observation-Disclosures. 75, 70S 20
For covering into the Treasury from Customs 624 54l II
Tor covering into the Treasury from Lands 4RcSi2 20
Covering Treasury from misc Inns 7164 81
For the War Departm 123 100 80
For the Navy Department. ............... 911S 90
For repxying In The Navy Department. 1,249 90
For the Interior Department. IS, go TO
For repayng in the Interior Department.. 2A62 90
The warrants Issued at the Registers Office for
the week ending the 10th inst, were:-
S27, 615 "a
customs Observation-Disclosures. 1912 IL
Redemption Of public debt. ............. AZ, es2 90
Quarterly salaries. Observation-Disclosures. $50 90
Treasury