New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-05-07

NOuIu eHOuLt we
Thus reducing the floating debt to......... $4,000 a
Ae s. in the statement beside about $3.50
inc tnd bonds and about $4,000 Of the Detroit Monroe and
II believed that these and securities could then be
red fast would be necessary to meet tine wants oil
The Board therefore consider that the sale Of this
an The mans necessary TO place the finances the Company
"a i h ..n .hSt IL proposes do this rlout any
ee the Company For w VIVA may be the Pesesnt
able degree by accidental aud entirely temporary causes they
worth PR ne GomPspy s stock now HaT
and has paid and expects for the future 70 pay
,opcr for the Board to agree receive par part pay
incnt Of the stock proposed TO be issued =,
so Geo IN cash Without acfiAcc it viii not be forgotten
that the ordinary mode OF raising BY the creation of
bonded debts aud by the sale Of the securities at the Gus
discount would involve very large sscrhce in pro-
irence warrant this that the Stock
holders Of this Company would justify it,
esd in the Company wears and far the books of the
Company furnish evidence they hold the stock an invest
They look to i: S SPr tho Bay sST % 10 a liberal
sa d t va Among The 27s name which
pose share list find Of wealth and strength
which satisfy that The stockholders are abundsnty able to
the advances which necessary 10 protect their own
property from unnecessary sacrifice e,sa M r. nb ro
Fer these reasons nave seopeu the pan S.h we now
present to the stockhoders and by which We ohe TO them in
preference the right to take rata the 10 3 cent guaranteed
II how ever any reason any of the stockholders not
entitled shall dis pose of the same terms Of payment to
other stockholders, or other parties. .,
do doubt that a stock Of this Company to the extent
Of 45C00O upOn which the yent OF 10 cent dividends
q eInum is guaranteed with night 10 pro yaia share OF al
and taken The Company has paid over - cent 2 anDum
opnv o the line r. Chicago and with new lines which
are inst being petcd and upon the Of being brought into
csrnr Is viii be very considerably increased guaranteed
stock, therefore Of this limited amount pay N he manner
the desirable within the reach Of CAPT
Books Of subscription for the 4sOOO of guaranteed stock
opened at the Office OF the Company at Newfors and
do prson by letter prior to the 10Th day OF May inst
nS ''''' q EpwIS C. LITcHFIELD, President.
NerYoyk. May c. 1851.
GENERAL STATEMENT Michigan Southern and Northern
dHi Sc R@oaG GsoRdS and G Goshen 1871
Branches and Erie and Kalamazoo Railroad $50 4t q
bStTdtii Ncnicc and Toledo 51I8 g
Steamboats,. AZ 100 %
~ sl5257628 So
In store and sAops.....'..''''''''' I-o,If'
Detroit. Monroe and Toledo Railroad,
aud Michigan Southern and North .
efn indians RaruGd ..........''''' ofi'oIo Z,
stocks Of other Companies S s9oo Is
Bonds owned by tie Company. Ssof'Csv ~
Bonds and Observation-Disclosures. 492l4 y
Bills keceN sb.e-.',.'' '4' ~ 49, 80 =.
Due from Superintendent snd Agent;
Cash in hands OF Cashier on line 81 ,.oc,o.
Road frlfbi< -
% '''' - s6ls6os a
Cab in Bank AZ l3il46 43
sI7705070 50
Cspsl Stock:
General Stock $3.50 w
- Sc fscioo 90
Bonds
Incomes. l657.........................' Sluu0
Michigan SoutheTn 1860. .............. ss5,No
Northern Indiana lS6l...............'' gS@VO
ETe and Kalamazoo, 1862. ............. $500
Michigan Southern. 1855 ............... 90 Nv
Northern Indiana, 1868. ...............' $500
Jackson Bralch 1868. ................. SzSNS
Goshen Branch. 1863. ...............''. lSa-rupv
Sinking Fund lSI5..........s........'. ~<%o'V"
Iota!...........................s' SofAS'iVVV
Less Bonds purchased and held by Com -
ruissiouers Of Sinking Fund ........'. Itb"" . -
Bills PAYABLE. including:
Contracts for Iron maturing In 1883, and Tor Cars
and locomotive NEUTRALITY-SUSPICIOUS.. 2T90e9 IS
Other ISL 80 %
Due Commissioners II king Fund LOLA OF
DeLrot, Monroe and Toledo K X. Bonds guAran-
tee d BY this Company due 1870 payments on -. |
ds uncalled
Interest IN Bonds uncaled $3.50 70
Due h CoTpsny 10 sundry persons LA II
one ac.. 2502 81
Total. : H. 7o5 90 -
J. NJ HOPKINS Secretary.
The subscbers Committee appointed by the Board Dt
Southern and Northern Indiana Railroad