New-York daily tribune., 1857-10-01
The etneA drepr r' Of The Ere RailrDSd C1Iniree
opprar, ~ our advertising oolu uns ye-trday. we
,o.,ideI II Of importance enrdeh to reprint ii:

,o,,id,I Il Of importance en- n,deh to reprint ii:
REPokT oY CoHnirrLE.
,,ek s1d Pondh lJe. the N-~-iorE En" Riifct
C.npIy bdd % = 2jf Inst, a; No. - BF1adt' oe"'
1hs, thy ad under p,dsr.ou the obst fo' waei
tssy, ,s n bsd By the P..iS,nt Mr. Moran much
the limited time srd opportunity would pfm l'
on r. iae 8Hsbc. which have
and ~, esnfIe 70 have ao.t o Ne m.is, yase
q the .,oei, and o-,tain z ,.;.. ef Bond.
The upsecuI,d Bonds anonntins TO eS"vv ~ ST.
smouutins All C6 maIirs in sssresste cal oe
III smost cease 70 have nsrtet value unless "
The Committee would therefor. recommend TO hod'r. Of
S baI 10 ,ss n,op.ed Loan and
portion the whole Of those nd. for the hossis bSot
7h lusus, which Moxsse Bonds will BE- secure eeJons
81 reasonable s.nes because the entire .monut ?,
opr 60 While he pre.ept cost Of Company:
properly ooo upon which latter amount y re s,sr t
eum.tance with prudent and economical manaseneIt caro-
fair interest This opinion !. ba'ed pPon the onssd
yearly incves,e Of receipts since the Road has been
Thu, the upseeured Boudhoder. who do not wish double
e smoun Of their present Investment in the Bond. Of the
Conpepy should subscbe to the Mortgage Bonds 70 the ex
1 as OF Of .s ball D senS g. T
portion Of their present investment while the
be ,e'y iper ssed in value, probably to the 's s""'
s. 10 the holders Of the Capital stock the coit.se would
Cor psy hall Of which csn BE- p.d accordance With The
tenn. the new Loar in unsecured Bonds of the Com
psisred the owners Of the socI eau advances
70 the Company to moderate amount In pfopH ~ INC
the Company s bsyond any reasons.
@ aSS. X SS'@ @ Th a ne~ ss Ms
trust tie repayment Of these advances. with interest
IeI p Ou. of the pr'ceed Of the res Loan when
The Stockholders would lately receive the benefit St
follow the relief Of the Company from its present imam a en-
Te,x feature IN the proposed Losn which the
Committee think should not be overlooked, 10 the fact that
proposes to increase the sega o th COMPANY 70
propose eIpend IN completing their work s the terinu:
..t, City which will bring into practice. D use wS1s OF Oi S
has already been expended, which now lies comparatively
The anoun. required in cash. Of the FO'tins Debt
and continue Jersey City although large in se
vested in h Ro.d and the sctus cash cTpon OF
per cent on whole q Bonds and Stock would
eye the Company all enbsrrasmen and flruish sur.
plus complete s unfinished wok al the terminus oPpodto
ihs ey thrown en., upon the unsecured B9ndnodsr: @ .
and Stockholders the amount required cash would is 'hoit
III. Committee do not hesitate TO state their opinion that
81 The whole amount assed o subscribed .. on' or wh
in the advance in the market OF the Sto and
Bond would be at least equal to the whole amount OF the re-
Aher careful confederation Of the whole subject before
with its yearly growing Importance to the City Of New Yors
small amount comPsr.iyey requires 70 relieve
foundation the eanno. believe that the public
end tie sssS and mr.d r .'T 70
g M Ig 1 Tcn s come. eosS ise %
DUTY to all that they other practicable
mode Of relief than Me proposed and they cannot take
poHpy 81 az and Efficiently Response application q the
President and Dir, cto to :ue.cbe to the P,oposed Loan
any prospect of relief from the enb,rs'men OF the Com
p4ay NJ, AZ iS shjch IsS Is I,ss,Spectfaly submitted
MiLLiAM w6iTT~RICHT, JR., Committee
JOIN JOIN srf@4aD 81 f.@4I4saf.hj hjs..
New York, Sept 2S 1857.