New-York daily tribune., 1857-10-21


All contain clause. provdirs f the maturing Of the
pou S.f.ut ia paying and for the -s'e o. .3e ~
prsis, lA~ Of the '.'efA sts ,.r,sdre % nany
Rslro.d SouGs. -. g Oh. bo der,
Of the sussntesd stock of this ComPny, ahd 20 he n
rs,sb 20 yer cent 10 cash BY ias'sADens ana ~
th suAartsed stock q The C9mpar :; P, ~ bSs. Of
general stock of The Company ana 70 those so. 20 - % s n
The general stock Of the Company At par The
tbese boz be binding uI.es' a. east o. tn
piseto,s e1pect TO connection with the urpu. esrnas
Of the road in setting nth the Unsecured ered' Of 'ne ''
Company h. nothing bot the ..Ians ron n2 ~
&c = nies and n .,eot ".ins .. more from The rold k.a
there eiG after the existing eus on u are S,i 80
,eeur.v of the ultimate payment Of their debt IN a WITH n
tsrsst the time, would seem 10 be clearly io taer
ssvsr,sse 10 fund their debts the here suggested
Some OF floating Dc bt does not mature for sever. monns
and should any u eusn to o. PovesS 'C sSs ,b,, .
r,e of me Company assets beside Il, ~n ponds.
world be liberated BY The propoea .s. a 1 y
its ce bts without sacrifice. -,
So that Il this losn Is taken 8. propo,ea ne $500, m
cuny and value Of the bonds 70 be offered isem apps
EpseenTe the sum sdyanesd ,scu,s ! !e' ~ ,os Como,
nv, securities while Il viii be oo.er'ed 'pa' oy S9naHus
tie issue q tese bond, at eaGed rates 20
,,en by the following statement II accounts suoooo
Ksx ::s Ss In Ia yssf s!S
ReiiIils aosag deo.'. 4sS S IN. In. q: 1900
..3o@I0o $4,000
dtbt ana = cent for dividends to e earned on
re gene ra stock retired instead Of cent ss Is oli ca
the general the interest, the ao.tlns deot -
be ered be cacu a;ed at only SI cen. snpa s asu
fsred at it, aud there would still be no increase IN Tue ~
IN he vower Of the directors TO the Com.
rany, a,rs debt tine it should be IL 'n' power
this foatn, debt arranged and when the Company
hss e.Is. On h1nd n IN 1Ss. cash pr pioPssy ye
Your Directors regret much a: you can .ne s, ~
mnt OF the Company They ceem It iaet Guy ~ "a ~ IT,
otter you beat security it affords, and 70 urge you 70
rom these i. Tor you to say how far you
VIII respond 70 this aPPeaoo me ne m Psb p. and they
cop p,lJ .y upon you to do yours If the present re
yu,on permanent IL the country is to resume tn
prc ,p.riy natural and usual 20 as 10 ell wnich you an
iudse as sell as hey-then surely you can without rs Sa
without .ny great make up me PIus ~ nr
perty which the best if not the BEST natural route Ii
'ns should be m.de st the e.rest moment and
the ofce of the Company at the CITY o. s
oee Of the Compsny al Toledo Tn American Excosuge
Bsk Of New York viii act as asent OF the ,u9scIns @
delivering A bonds Ot the cash payment % S5 Sas5s 5s
s al the stock De on on before
18th December next eKceP, in the case OF t9Ten
hodes M whose ments may be made oy or oere ne 'h
Of Decen Der. For the Directors
6 " isS.ST S0MsTocK
WILLIAM WALCOTT Corm,tae
NELs IN BEARDsLEY,
ROSWELL = BURROWS,
CLAHksoN N. POTTER
Net, Yovk, October, 1857.
SCHEDULE OF ASSETS ABOVE eEFERREo ro.
Stocks owned by this Company viz Michigan Southern an
Northern Indiana Railroad and Detroit, Monroe and Toledo
Ea'lrc ad Company S2o5 20 -
Po1tI a,Snsi bv b sci 20
Bonds and mogsges owned by this Company. Y "a y
Bills and loans eceivable 5lisS6 80
TotsI sl,s5s7I e6
Liabilities Michigan Southern and Northern In.
dian. Railroad Company, Sept |, 1857;
BONDS VIZ:
Sinking Fund.................. 1885,. 81, $4,000
Nortgsge, NJ S................. l66O... 993OOO
Mortgase Nor ind.............le6l.." $4,000
Michigan Southern. ..l8SS... $500
Northern lndisna.. ltoS.... St,WO
Mortgage Goshen Brsnch............... l,StioO0
Morigsge Jac kson Branch 29OOO
Mortgage EIe Il Kal Railroad Coz. 10000
Detroit, Monroe and Toledo Mortgage
Bonds, guaranteed by this Company,
due lS16-Bouds issaed............... 10000
Totsl........................... ,ln,OOO
Le,s Bonds purchased and held by Com.
missioner OF Sinking FUND .......... l7S,ocO
Total amount Of od,tsnding 3onds.... Ss s92 900 20
Blls payable .'....''.'..'.'''''..'t AfoiZIo W
Note. Of Detroit MSa.oc and Tcie9o
Raj road Co, given for iron rails,
assumed and guaranteed oJ
this Company. ..................... 1Co gOt 81
SUndry balances Of sccouut......... % 5i8 no
Due CoHuissonerso Of Sinking Fund -, 23 u
Payments IL see account Of d. VI.
L I. Railroad Co. Bonds not yet
is,ued. go. ..........'.'..:..;'...' I,5oo w
Dividends and intereit on stock un.
Interest bonds and stock uncaled
Ipccre account, balance OF this &C.
count Observation-Disclosures. 1853 10
Ii,Sie., La liz yI C. Railroad notes: ss os 6
--sI,93lt2i 40