New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-02-20

SURPLUS SS5,f7 81
The trans portation expenses were 40 p cent The
svesge expenses of working the road are estmsed at
IS y cent. The debt has been decreased during the
wear ASS OOO Within fifteen months the equipment OF
the road has been increased $25 rendered neces
sary BY the rapid increase of business. The aggregate
tunpage for the past year was 49, 4l tuns against
~ 40 tuns for the previous year, showing an increase
of So All ups and Of $50 ol in the net receipts from
freight, or an average increase per day OF *As.
correspond ing growth of this branch of business for the
ensuing year, provided there should be no falling OF
in the passenger traffic. would swell the receipts OK the
road to $780, The total number Of passengers ca
RED during the year was 1885, OF which 9o,o33
were way and 1913 through passengers showing an
increase the past year of ii O35 way and u $50
through passengers The net receipts from passengers
as compared with the year 1855, were s279 OOs 81
against 500 25S 49, being increase of sos 'oO ~
or an average increase T. day Of s2li 90.
The capital stock of the road is sl,655, l39 IS;
debt funded, 81, iO2, 600; debt A,atng, sl73S
The surplus is now s66 O63 "A. Against the floating
debt the Company have bills receivable $l24,OSs 81,
and s62.ls7 40 in other assets The road appears by
this report to have earned about III = cent during the
year upon its capital.
The points of the application by Messrs. Carpenter
the New. Haven Railroad dividend are as follows;
Tie complaint in this action after setting fortn the
ownership by the plaintiffs OF stock OF the deiendao"
corporation, and the mode and manner IN which tae
business of issuing and transferring stock was con-
Quoted, according to the bylaws of the Company cnd
the appointment of Schuyler its President and
transfer agent and bis resignation and ASCENDING pro-
ceeded to sAte that Schuyler had issued certificates OF
all Of xuhi hal
the hands Of bona fde hoders and that great part Of
such stock had been actually transferred 70 sucn
holders on the books Of the Company; and that some
Of such stock had passed by successive transfers
through the hands of several different holders, who
had mingled it Unfortunately with other stock heid
bv them, and which they had procured from other
parties and that all the holders Of such stock claimed
that such stock wss genuine and that they were stock
holders of the said Company, and entitled % al Tue
privileges OF stockholders; the Company refused TO
recognize such stock or the validity of such claims and
tina, the nun Der Of shares of such stock was over w.
Of the par value of 81 $50 900; and that many OF the
claimants of such stock had sued the Company and
attached its property and that the Company property
in this State was subject attachments to the amount
Of over 400 COO and tina, such suits and attachments
were pending.
Ihe compliant lnen a'eio 'Aos eN-~' 49, -
stances the Company in -- had commenced sn
action in the Supreme Court against $50 pa1ies who
held the disputed stock, and that in that acton tae
Company after setting forth the facts above stated a.
TO the alleged fraudulent Of the stock enc the
commencement Of the different actions against me
Company, and that they expected that other actions
would be commenced, alleged That under the or
cuus,ances they could Lot make any dvdeOd to geru
Inc stockholders. nor with accuracy determine VINO
are entitled to vote ct elections could the Company
open s transfer books
Plaintiffs Their alleged that the Company had cot
vithstauding these facts declared divderd OF ) e
cent. payable February To- 1857 at New-YoEk.
The plaintiffs then claim, one ground upon which
the dividend should be eujoned, that the Company
,set had admitted a. above that could no. a.certa
who were stockholders or entitled 10 VOTE and that i.
could no. declare dividend, and that noting hs9
since trapsp;red which could enable them TO 30 any
better at the present time and further thai the Com
pany bad declared this dividend without any regard
t. the claims of those whom they styled spurious
rockholiers, and that was to De PAD only anorg
those whom the Directors chose 10 recognize and last
in determining which stock was good and which vas
bad, they mad adopted arbitrary rv,e which wss
Illegal ard unjust.
Another ground for the injunction IS elslmed vas,
ths. Il Il practicable 70 dscrmhs ate between the
s.rT nc ard TIE Tvrons, i, We. D,stce-s stt i,e--