The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-03-01

knowledge Of the Jett o Il wsa ersstsd and the hand
writing Of the officials whoss Signatures attached to
II i desirable that ali the csracstaa and evidence. Of
t h p n.id Gays esrs sas tss %
evidences not ed before that time win be reaiaed for
animation and investigation until the department shall
and evidences produced The assignment and releases
be executed and acknowledged Il the Of tue
thereof in the presence Of notary pubic, aud be wit
neesed by the Assistant Secretary chief clerk and
and 30 certified sy the notary under his noisuI
Eea but when the holders desre make tbs assignment
and execute tho releases ont of the city OF Warrington
may be done in the Of Assistant Treasurer
notary public and be witnessed by the collector survey
or and The notary public and be certified by the notary
under bis notar5a SEAL and If there be collector
Of the customs at place where the party
sides the assignment and releases NAV be executed be-
fore court OF IN the Of the judge and
the clerk under bis seal of Office aud the DO
Of the United States the ASSIGNMENT and releases may
messed and certified by him uucer his consular Seal All
persons executing such assgnnen and releases mus.
su as the case may BE- shat they are the real o.
the certificates other evidence Of debt that the
same hsye been assigned to them, bona fde for coec
fact Of that declaration In their cerARsats OF acknow
iedgpent.
Te pro rata dividend When allowed by the accountn,
officers win - reritted to the parties In accordance With
their directions the drafts handed to their
constituted agents for transmission
JAMES GUTHRIE, Secretary Of the Treasury.
Form A..
Know all Iersons By thsss presents S,. that has
ca from all further liability claim for the payment of
certificate or evidence Of ceot number for the sum
deemed by the United states in sccordAnce With the pro-
visions Of act Of Congress- entitled An act to pro-
lie of Texas Compensated 10 the act Of Congress- Of
September Iee eighteen hundred and fy approved the
2sth day Of February 1885, and an act Of the State of
As witness my hand and seal.
Form b.
has released and hereby releases the State Texas from
Al further liability or claim for the payment Of certificate
Or S repnSs the
United States in accordance with the provisions Of
Of Congress- entitled IAN act to provide for the pay
comprebended IN the act OF Congress OF September
zine eighteen hundred and ffty, approved tn. 18th
approved the LIST Of February, 1856.
As witness my hand and seal.
We have had occasion recently to allude several
times to the Encouragement of the financial affairs
Of the Galena and Chicago Railroad Company. We
have shown that the present officers and board Of
directors are utterly incapable of transactng the
company's business properly The following letter
from stOckholder shows that the President Of the
company is regardless Of those interests entrusted
to him. If his outside duties and engagements are
so numerous, or his connections with other railroad
companies so important that the affairs of the Ga
lena and Chicago Company must be neglected, the
quicker he resigns and gives place to better man
the better for all parties concerned
70 THE EDITOR OF THE HERALD.
CAMDKs, N. j., Feb q, 1856.
since, invested small amount in the purchase Of Gale
ma and Chicago Railroad stock, which cash dividend
BIZ it For pe q
dend gfanted power of attorneybut to this time,
it has n been forthcoming and the only reply in refer
dent out of town. and therefore it yet be paid"
This strikes being such unbusness like irregu
think it the rus reason but am rather disposed to think
tie statements of the company false and that they hack
the ability 70 P:y tho dividend; promised
you would much obge myself and other stockholders
IA
The financial condition of the Galena and Chicago
Railroad Company is all that has been said in its
favor. The dividends declared have been earned
nearly twice over. After their payment the COM
pany will have q surplus in it's treasury equal to
more than ten per cent on the capital stock It is
remarkable property. and will prove more productive
than the most extravagant estimates. With bad
management it has paid astonishing dividends, and
it may be that the stockholders have no good grounds
for complaint after receiving such rich returns; blu
it does not follow because property is highly pro
dnctive that its managers can neglect it with in
nunity. If railroad pays large dividends it re-
quires strict adherence to the incest policy and the
most prompt system Of management to keep it per-
manently mp 10 the mark The Galena and Chicago
Railroad is probably the best property of the kind in
the world, and there is no limit to its productiveness
ifjudiciously conducted Stockholders do not like
to go thirty days or more beyond the day fixed for
the payment Of q dividend before getting their
money, and if the company's officers attended to
their duties properly such things would not occur.