The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-10
S8.80Q.00A

Total city and county 50 800, 00e
The Chicago Democrat Of tho 5.h lost. says
From ali accounts should judge that the town OF
Fulton groxi9g faster than any other in tbs State
has given impetus to building and to business every
kind. Is the termination OF the shortest railroad route
isi miles distant from Lake Michigan while the next
shortest Ia 49, There 10 NO reason why Fulton City
should not grow but every reason why It should and
Aifsissppi towDs The road west through Iowa,
told, is progressing satisfactorily.
special meeting of the stockholders of the Vermont
and Massachusetts, Railroad Company held In Boston
Wednesday fofenoon-Thomas Whitteore the President,
IN the chair There was good attendance The Prssi
dent explained it necessary TO raise money to pay off
the old bonds, overdue, and the proposed
to accept the acts Of the Legislatures Of Vermont
and Massachusetts, authorizing the issue of of
SIX per cent bonds The unanimously accepted
by the meeting. 1t voted to authorize the directors
to dispose Of these bonds in the best pay
the debts Of the road large portion Of the old bonds
viii be given for the ISSUE the holders Of $776
out Of 1885, 0C0 having signed to that effect The trus-
tees under the mortgage John a. Wilkins, Jabez
C. Howe and William Mino Jr The business for which
the meeting called having been transacted it. was
dissolved.
At election for directors the New York and LIVER
pool United States Mall Steamship Company the follow
ing gentlemen elected for the ensuing yesr-James
Brown, L. K Collins, Stewart Brown James N. Blown
and George F. Alien. At meeting Of the directors on
the I'm nst James Brown reelctsd President, and
VIM. l.. Youls, Secretary.
We understand that Chancellor Poland, Of Vermont,
has vacated the BY which the Vermont Canada
corporation has for time past held possession OF
and mansged The affairs Of the Vernon. Central Rail-
road that he has restored thecontro of both
poratiens to the three trustees Of the first mortgage
bonds-Messrs Smith, Eldridge and Branerd. The last
named gentleman has been chosen to fill the vacancy In
the Beard Ct Trustees ed by the recent resignation Of
William Ray mond Lee, Esq.
The Rocklapd Mining Company of Lake Superior has
issued a annual report for the year ending May The
whole quantity Of mineral raised from the mine sncs
last report to February 1885, 1877 tons Of which
than two-thirds "copper" and the balanse
in barrel work. No product had been realized from the
stamps which have since been put Ia operation, and
stamping from 20U to 800 tons OF rock per month
The product Of the year exceeded the estmates OF the
directors 81 er cent The gross value OF This mineral
estimated at 28 the expenditures since last report
have been 200 90. By the rreasurers statement,
the receipts Of the year, including $685. 600 In
ments amounted to sos CSC ST. and the disbursements
$45072 81 leaving balance hand Of bills receivable
and cash of &C., The total Indebtedness Of the
mine Is $40 00 leaving only about So 400 to be provided
for from the proeee's Of mineral hand ct the mine
which estimated 81 eighty tons May l. Toe net value
Of this would be about $4,000 The is described
looking in every respect favorable Masses Of good size
are met with as ground is opened, and the veins
rich The directors express strong belief In
increased measure Of for the present year.
The following Philadelphia banks have declared semi
annual dividends in the past two and hAH years,
anptxec:-
ADFIPHIA BANK DIVIDENDS.