, 1862-02-15
Since Jan H.. 1924 $16,0s6, ,ss7 $t5a44 q76

ANNUAL MEETING OF THE BOARD OF LAKE
GNbEA~R1IERs.-ln pursuance Of a call from the
secretary, ne BoaEd Of Lake Underwriters met In
New ork lew days since, and after session OF
? week, resolved that the organization should be
Eept up apother year. There eWas an opinion prev
piobably, break up its o1zapization, owing
10 the bad faith ef some ct the companies
represented, in emitting rates: but, during
jueted and all little asperittes sofscncd down. so
We expect to see more uniformity in rates OF lake
Insurance in the future b. the resignation Of 4.
created in the Board Of Lake Marine Inspectors
Cap1. D. r: Dobhins, agent Of the Home Insurance
copnns II TT fty End d.: Ssere et The
Marine Inspectors for 1862 will consist of Captains
Dorr and Dobbins. and Mr.. Walter Jones of New
lork \ These gentlemen will have the appointing
can rely on the utmost care being used in selecting
TIC proper men to do the duties. There were also
,; ;ems changes made in The rates Of Insurance By
cent. instead Of II per cent dsaxback allowed in
lieu Of the scrip dividend; and the ..cut- throat
clause IN theyesse policies Is to be stricken out
--.BHDulo Com. 4drrrfisfr.
RAILWAY MATTERS.
ILLINOIS CENTRAL RAnEoAp.-At a meeting OF
the Board OF Directorsof the Illinois Central Rail
road Company, held Monday last, 1t was resolved
to call another instament Of Is per share, making
90 per cent. paid up. The resolutions arc:
'tfeso'ftd. That an assessment Of five dollars per
share upon the scrip shares Of the capital stock
OF the company tie and the same are hereby called,
payable on the tenth day Of March. 1869; and that
the same be payable on the stock registered in the
city Of New York, at the office Of the company in
that city; and on the stock registered In London,
atfhe Office Of Mcesrs- Robert Benson s. Co, Lon.
don and that parties desiring to pay their asacss-
ment in London may pay the same at the rate Of
: fonr shiilings and two pence to the dollar.
"ReSc9Ee6. That the transfer books be c1oeed On
the afternoon Of the 1ef March next. and feopened
On the 10th day Of the .ea1nc @mn1ssh and that no
transfer hepermitted after that day OF shares
upon which the foregoing assessment ehall not
have been paid
SECOND AESEL REpoEr OF TIE & S. G.
r. Il. Cove are IN receipt Of the report for 1851
OF the above mentioned company. contained In =
buque HeTdfd Office TIE following extract from
the superintendent's report viii prove quite inter
estlng to many Of our readers, and elbows the road
to be in q prosperous condition:
The gFoss earnings for the ycsr from all eources
arc *l99. 41011, while the expenses actually paid
are &e9. .s3l.0s, to which should be added about
I5>u0 for depreciation Of rails during the wear.
This viii leave q net gain Of So, ,G79-04. The lack
O. adequate motive power has caused us to lose
rom Ten 10 fifteen thousznd dollars worth Of bnsi-
mss.
The train miles during the year were 1Q7,
Ihls ehows very fair earnings for the miles run,
nearly &1.F5 per mile; while the expenses have
0cen W cents per mile, which compared with the
average OF other roads. ie quite satisfactory.
lows:
Tear. Fsrufrus Inr nvo- nrrv;nuu xasra