New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-06-23
49, ~, o0rnirg. Of mo Trnn.portniion Department for

Total ATrl. s'o'-''
From this amount have been paid sls3,99' % Tor
annual charges, interest, Re
R,duone the profit and los. account TO sa6a3Ji L.
Ih. amount the rcpor, SAYS would have been apphed 10
tho pavmen Of dividends under ordinary circumstances
I'm, IN. claims for damages from the Norwalk accident
have absorbed sa52 81 80. Every exertion has been
madc TO adjust and settle these claims by negotiation
and compromise in manner likely to cause the leas'
d suffering 70 the friends Of those who lost their lives
upon that occasion. Any special difference to the p"iu
details connected with that accident seems to be no" un
necessary except remind that foryour OF the pas
sercers Of the i6ted train, met instant death ana o'
died after few dtys. Many received personal ia''''
more or less severe The claims presented upon our Co
panv have been settled without litigation in forty cases
Two cases are yet in negotiation and two only in suit In
one case no claim has been made upon the Company MOST
Of tbe claims for personal injuries hive also been adus
and settled end though of those remaining are urged
in large amounts yet il presumed that no EXCESSIVE ~
covcry will be had against the Company
By these and other payments the profit and loss ac-
coupt has been reduced to sil49 l3 on the 18th April
1854.
From these figures il will be seen that the earnings of
the road together with the surplus of 1883 have met all
the den ands upon the Company including the Norwak
accident to the let April 1884, connected with its proper
and individual business.
TIE Canal Road shows loss of s25,5s3.
condensed balance sheet lst April, 1854 stands as
Ds-R.lrosd two tracks from NewROchelle to %,
NtwHavn with all appendsres - go .,
Equifment3 Locomotives Cars &c.... COZ COZ 51s - -
Ploperty 10 New.Ysrs, &c, &e.........'. e"'vs i
..........................s5,l3I $40 SO
Cay Csrt. o osG goo 90 90
By sundry Accounts Leans Sc 1923 81 20, o,o 70
ACKNOWLEDGEMENTS. H''''',f'' %
The expenditures necessary for the completion of the
bridges and some other works not inclusive of double
track from ewRochellc to the Harlem Road, will proba-
bly, increase the capital accounts to s5,2jo,OOO.
AT the annual meeting the following gentlemen wcre
elected Directors of said company for the year ensuing,
viz: Robert Schuyler Morris Kctchum Jonathan Sturges,
William f. Worthen Wylls Blackstone, New-York;
William p. Burial Bridgeport William W. Boardnan,
New.IIaven; John c. Sanford, New-I1aven; John l..
Thayer, Boston.
AT subsequo Mt meetings of the Board of Directors of said
company the following gentlemen elected officers OF
the company for the year ensuing viz: Robert Schuyler,
President, William L. Worthen, ViSe-President; E 3
ALernehy Secretary; William Bement, Treasurer Jane.
II. Hoyt, Superintendent.
The Commissioners of the Canal Fund met at noon yes
torday in the Canal Department at Albany 10 open the
proposals advertised for 10 loan million of dollars for
which transferable certificates of stock would be issued IN
the name of the people Of the State bearing interest at the
rate OF per cent per annum, payable quarterly AMI
the principal rinbursabe the first day OF july 1872,
in Hrsuante OF TIE act entitled:
An Act provide Enlargement Of the Erie the Osweso
The s , E s, csns D and to provide for the
Payment Cana Revenue Cerias and Tor DINER Pu
pos,s" passed 18th April, l25i
There was large number of bidders present AMI much
interest was manifested. There two hundred
bid, sent in OFT II which the Commissioners selected the
c,f,,;r, fortv m whom n awards made: