New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-07-15

+ Is NJ dtrStood That no chsnge VII

Bsi,inlofe............. SO 10 81
II isurder>tood that no change will be made at
present in westward-bound ireghtS.
Attention il directed 10 st1tement OF the CON
dtion of the Real Estate Savings Institutions of ~;
Louis. in our financial column, in which number OF
our ctztus are interested ss depositors.
The annual Stockholders meeting of the Norwich
and Worcester Railroad Company was held yesterday
at Norwich. Tue Attendance large, ial three
Guths of the stock was represented and excellent
feeling prevailed. The affairs of the Company have
largely improved during the pas, year the receipts
being about - q cent greater than in 1873 Resolu-
tious were unanimously passed in'truc,ing the Di-
rectors To- declare regulsc dividends from the net
profits. and 10 commence the same so soon as
the funded debt falling due in 1850 IL aivan-
taeeousy refunded which il is understood u
about to be arranged. The Company has no floating
debt and has a considerable amount of surplus cash
on hand. The following gentlemen were elected Di-
reotors: Augustus Brewster. Charles Johnson Jede-
diah Huntington, John a. Rockwell, John I. Wait,
Moses Pierce j Newton Perkins, of Norwich; Robert
BayarJ. John A. Weeks, Of New-lork City; Alex.
De Welt, 4. ID. Lockwood, Henry liortou Fran
els II. Dewey. of Massachusetts,, Vscbel Worthing-
tor. If Cincinnati This is the old B,sri, with the
escep ION of Mr. Wor .hiugton and Mr. Dewey.
We understand thai propositions have already been
made which induce the Directors 10 believe that the
maturing bonds on large portion of them can be re-
funded at Il y cent and dividend declared within
Thirty days. The advertisement Of the Company To
buy mp the maturing bonds, only brought proposals to
sell 81 0C0 below par.
Tie Brooklyn and Jamaica Railroad Company has
made di, idend OF a cent The general account
of the Company is as follows;
srArEMEsr
The Csn.lal Stock q ne Brook and Jamaica Rail
road consists 900 shares par value of t5o per -
TIE C6nPsny own $40 shares, leaving outstanding
The total orb of the Company 5000 10
ar, pr,.,i It'd by % Bonds 600 eacn, bearing in
cic.i At 3 cent semi annually, payable on the ,'t
The Coz pony boiG II Bond. Of +lcCo each, Of the
Long l,land Railroad Company bearing interest o 49,
= cent .eu annually pay aoe LIST January 1870 1000 "
ANNUAL srATEMESr.
Total rent o. b. received this year ~ SO "
Interest on the Il 900 Long Island R,l-
road Bonds q cent?. so" IN m
q Railosd Bonds +85 coo AZ 3 cent. IS 40 90
Dividend # q cent On Capital Stock - 900,
Fxpeu,e. ,,y........... ......,.,.........
The Company have issued the annexed circular in
regard to an arrangement 20 sell out the Road to Mr.
Ltchfeld:
NEw-YoRK July 6. 1859.
\ propC ston has been received from Mr.. T.. II.
L.
the stock Of the Company at go share, being I'D y
cent above paran ilstlment Of s. ID on each share
to be paid the execution OF the contract with each
ockholder and the balance the 10th of January,
1900 the stock not TO be- transferred until fully paid
for and the instament forfeited in case Of the pur-
chaser'- default.
Tn. Directors of the Company, before entertaining
any propositions for the purchase of their stock, re-
au ed Il condition precedent that all the sockhod
ers, without exception should have opportunity TO
sell their stock the terms a. the Directors
themsolyes should obtain; and To this condition the
purchaser has acceded aud has bound himself 10 take
all the stock Of each stakeholder who willing 10 sell,
ard who on or before the 18th day of September next,
shall sgree 10 for the price and on the terms
above mentioned
Although the financial Statement, herewith submitted
would to Indicate that the stock OF the Company
should realize b cher price than 10 cent premium,
yet the Dueciors-haviug IN view al the cream
stances aud that the Company's rights, SO far, a,
least, a. they connected with the of steam in
tie thUrougbfare Of great city, though undoubted,
may yet BE- involved in litigation and expenss-have
determined to dispose of their individual Interests at
tia, rate. The considerations above referred to are
vel known and their force can be urged OF by all.
Without The desire of influencing by their action or
Suggestions, the c0urse OF any stockh0lder, the )rec-
tors having presented he considerations from viii IN
cuncus ions a. 10 the vsue OF the property can be
drawn and having secureO for every stakeholder the
option, until the 18th OF September next, Of selling
" on the terms ~ they Themselves have OBJ
tanned leave with you for final decision the question OF
the expediency OF selling or retaining your interest In
tue Company. 49,
An agreement, embodyiDg the above conditions,
duly SECUTED by Mr. Litcbfed, has been placed in
the ha d. Of the Secretary at the office OF the Com
pony to be signed by such Of the stockholders may
with to dispose of their stock according TO its terms
ioar, r,.pes fully, JOHN a KING
FREDERICK PRIME,
Committee Of tho Board Of Directors.
The CItc0gO Pres Of the 18th says: