The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-01-19

NJ 81 Z6
For the Interior Department. .......... % lis IS
For the Gust rms . ........... ......... SAee8 Sc
War warrants received and red ...... % I91 So
War repay e>eved aud ente red 1902 SO
Fro0 miscellaneous ............... SO a6 IL
rron Inc cnsSonnS.. It4N ~
From lanes 56S 81
After the adjournment OF the board the fol- wing
of bonds and stocks were made at auction by simeon
Draper
s1ooo Chicago and Miss. RR inc. los. int added. 90
1900 Illinois Cen raj Ra. rs .do..... 1914
1000 Brooklyn City 6's. 1858 .......... do. "a
100 shares New Haven and Ne~ London RR..... 81
% do. Washington Fire Insurance Company .1091s
The annexed statement exhibits the operations in the
land department OF the nncs Central Railroad Company
during the year ending Dec 81 1885, The Iesalt uy
astsashing and presents facts Gar of the most
exravagant calculations Of parties interested 1t VIII
that only about oDeffh Of the total qusnti of
lands have been sold This report vastly strengthens the
position CT boAdhoaders aLd places the c,mpanys
rites anong the 6rst in the market -
TRANSACTIONS OF LAND LFTARTNu,T orl THE ILLINOIS
CsSTRAL RAILROAD COMPANY DscEMmR 81, 1856.
The original grant 70 the state Of Illinois, 70 afc in the
coa.sxunknn Of the Illinois Central Railroad was made
by tbs Of Congress- approved 20ih September 1850
The vscart lands in the alternate sections, wi hin six
miles II the road were Conveyed By drect terms IN the
grant end IN HE'D OF such portions IT thsse sections
had been previously soId &C. selections authorized
- made and app. oved between six and fifteen miles
and IL ss Of al the land. granted are nav ia posses
stsa - company, dolly cerfsd in conformity with
several States Territories s In fee Of the lands
which have been, or may be, certified t. taem."
insssysrassd sas Illinois Central Raeo.d csmp M, and
e..1:EreA upon 4 the night Of way, and al tho lands
beasches within the State the grant made BY the
goysr.nant OF the United States above mentioned
p the am section Of the act q he Legislature Of I'LL
no certified Gan to amend the incorpors ing the
nHnois Oensrs Railroad Company" approved February
- 1o6l enacted that sin any sctonst any
tho aid csmpany or for any other cause sheroin Il nay
bsce necsrsa TO prove the interest OF said COMPANY
the xus In said land, the certificate Of the Com
missioner Of the Gen eral Land 0ce Of the United States
other proper certifying officer, that the lands In ques
ton have been selected and confirmed TO the State
aid company or said trustees as the case may be- shall
bs sufficient and priu foce sy ence Of ule In all the
courts o. nus state ior me man en- snce o. ssd acons
been deposited the Office q he Auditor Of the State Of
T1nois and also the lists Of the lands in each county
have been duly recorded In the Office of each county
Acrss.
81 the oct o. Congress Of the Goth Of septem-
Der 1860 above mentioned, there were
granted 70 all Ia the Construction OF THIS
M ;. ,ss :v. beer. aonron,;.d 10
secure the payment o.-sl7 oo0, ooo Coastru:-
To secure The payment Of The int
To sscure the payment Il 5000
90 sFree Land Bones"...... S4eoooo0 -. -.
OF the amount appropriated. as
above to secure the payment II
81 600 600 CONSTRUCTION B,nos
Issued for the purpose OF con-
structing the road, 70 w.t.. z 0OO, 10000
Contracts for sales have been na0s
under eapulAtions to improve
ffty per cent Of the land Ia nve
Years, and that . conveyance OF
ths land shall be made upon
payment therefor, to the amount
o.. oA',"00'''
Leaving hand ......................loS $500 W
on the amount appropriated, ~ abovs, to se-
cure the pa, ment Of tae interest on tn thoss
Constructors Bonds W.T.. $500
The claims Of Those emitted to
land Under pre- emption have
been allowed, amounting o..
l6s sel.l6
And there have been
sold ................. 70 es4 "A
Leaving on hand. ll7A4.p
az sks smount sppropria,ed, as above TO Sc
cure ths paynsn. Of 3, ooo, 900 sree LANG
Bond. ~ 70 Wit :.;;............ S 4sVySw
Leaving o. hand. 26s, 22a 40
Sota, Of lands remaining hand oSs, l3s 80
The eeusrsets for sales above mentioned OF 3ls 50W
- tbs Iopseructaon bonds were made average Of
81 10 81 pen asre, and amounted to ..S5 ~ 30 10
interest sdded ct two per cent per annum 2soso ~
rxI a. o3l, 2s7 SO
OK which tbs company bold Z. IN sa. oos %
An Mount received for .ivanos
interest in cash ............ is',oo| ~
Tot.I .............. 4,oSi,esy SO
&he sales Of Lands approDriaed 70 ne cfee-
lion II IN interest fund, above mentioned,
70 wit
10 prse1ptors LOG. 50l.le :.
ecreu ~ sIof,ooi ="
10 01berM........ 2o0s
acres, q - average Of 80 - - =.
ocJ3 per scrs, fcr........' 2sS,s" %
49, 100 sas ~ soree for. $3.50 100 -
- ssxd.x ~-........,,. 1880 81
r4s,..................... So, 1906 50
ae company transferred 70 snSoross ~. lons5
] J: !
report Of Jsn ], 1900 49,. vzs1S'1 70
: : company have resolved since
~ rash end 70 be Appropriated
that fund from pre- emptJn
les .....s.............. b4,rve W
<~s~h, tetng On account saes OF
-. FeH. "A acres. los, byz "
astoa receivable hand ....... 14i, 186 IL