New-York tribune., 1868-12-28

Increased bJ Of the ,a convertible bonds he
the ,ai corporation tied pursuant G d o.
% & ad "a = s s ''s,' .S, o Ss b ac6 pa Ssoy
subject DO Increased by tle conversion into 'oes q The
tms 50 thst the 'nS shall nc. q When al ,a' ''i hSs9'
" o0 each The capital Of the New York ceatl Railroad
Somp1f "a, iFoItsa 20 ,a we o. 1 s @ u" Tp , H. % @ y
port be o. ~ 900 Of the capital reported e previous
& y;s s 81 'a Ss dS ,'is T al so IN exchange @ K, capital
ss ne ac, L VII he ess ia. beside the convertible bonds thus
provided for the actsl pldap capital Of the ton corporations la's
Ger e6arteis Thus. the charter MohsE ,1d Hudson Railroad
STAa ST aao.d a co@5,Sy made tie sp 5000 SSe iii, r.
a1 % aS.s s,e At l.; s m "a a O. s Sf.
co. While il Gers pat Gswu c.psl
e. e. a. s"'' iiJ'S sISooSc SS"'' ' pa, ds.a
SI SoI .wysS, , va, sss ssa $ S charter ne ,' @ e. s5 at ;s
600 ,lsr. put down 1t t&Ce I the capita ,ss ,nrae and
sGssGCo It here rai down at s,Gooo capital e gOf,o
oS oS az sS SSe a,j %o asr
@siag. Of ,Ai, eous were h,sSa ~ise % ..eIs I , ar & @
Chapter i3 GIe the capital AZ O00 Three ls.o 9- lJ 'hap
,'s s ~ .aiso % to esr i. oSi to Eos,,r S.gn
.si ,s mS,sy S Sa 3 decide 10 s Sscrs,s tor list purpose no,
as t0ooo in addition TO Tie present p'.l 90 lSt. =, 20 e
@ ,as l M ~ Railroad Company we're auiho to Gcrel,s
hi, r,psl 10 such an amount shall be utcsayn 90
rssy tEe u,ci Niagara Ls'is,oe CHAPTER - II
The lass Of is@, j, denersl Ad su'aor nns the iS@s
ton ot corporations hr mAsai%9g PS',o,s' s'.lc.' l
holders the the m general At ~
ay II contained provision increasing the capital aad as 10 bc
row moncy further than authorize the companies
,ed under 10 he applied Tie construction oi tbo
railroad sad bIIus and purci or engines Aud csis
No,bius wa the mode Of secnug pa'tutnI va TIE
"a Of Apri 1850 the present general railway act VAS
p,.,ed Ch ltO section authorizes 40 Increase OF espa
y vote ae ths pattern OF similar provision 10
the general Of l8 Section A Sub 10 authorizes
tho OF convertible bonds therefor e
provision adopted the MohA"k Ann Huo
Railway AmsudsorJ Of 1871 aud aherNard copied WIN more
other sIatutes While "" "eneI A
was passing through the Lssaue several OF the he als
referred also there, Wa the ACT o'
1880 In relation the Haison River kairesd ue A' ne
1880 Authorizing tho consolidation OF the syfscn au
Raosd the act Of April 1880 Authorizing ,ns % @ % % @
Buffalo RaAd and tue ,et I" MaIeh
28 1880 In the Lewiston Railroad mus oe pVs ID hi.u
that the General Raosd act Of 8 section had PROVIDED st
amount the should oe he eins oos OF
M. rosd together for the gt Of motive
gr me eoInpNfg snd sg
I'm, estimated by competent engineers hwas
could not be made ~h such ccursc
r. ,nr applications the Legislature Tor authority
81 1880 the
tho Legislature provided that tue capital
articles Of association the associates
condition that should not DO less than COO
constructed proposed 10 be constructed (lsss
M la Oh llD then provided that II this smoun ol ep.
.,oek ,houd found 10 he insufficient fot constructing
and operatng road" tho stockholders might therein
provided ts capital stock nom tlps 10 mo 10 amount
GiorsSdid also further provided ~ sub 10
railroad that might hr organized undor AID
ever railroad corporation t6s1 sIug l should have Po"e' '"