New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-11-04

Qql
Pr,Siousy lssi Increase 1907. 2a0S
The decision Of Judge johnson of the Supreme Court
was filed Rochester today in the matter Of the Albany
and susquehanna Railroad Company. 1t requires the
receiver pay, first the current expenses of running
the road second, the interest due on the companys
bonds well the Albany City bonds loaned the com.
pany third authorizes the payment TO the receiver OF
the balance due the company from the Mechanics and
Bank Of Albany from any other bank or per
The receiver not authorized to borrow money on
the credit Of the company without special authority from
the Court
The earnings Of Ihe Chicago Rock Island and Pacific
Railroad for the fourth week IN October werc
100 1921 Increase S9l79
For the month:
s58lOco Is6....... $50 927 Increase . s2lO73
The earnings Of the Chicago and Northwestern Rail
road for the fourth week IN October were
$500 Az IS S484231 80 s2 9 90
And for the month:
lasI57OO66 60 Il869..IA423I % lDec....sl5 835 IS
The earnings for the month are upon days less bust
ness than last year.
The following are the terms Of consolidation agreed
by the Directors of the New-York Central and Hudson
River railroads
Agreement of consolidation made the 18th day OF Sep
tember in the wear lsC9 between "The New York Cen
trail Railroad Company party Of the first part and The
Hudson River Railroad Company" party Of the second
whereas BY an act Of the Legislature of the State of
New-YOrk entitled IAN act authorzingthe consolidation
Of certain railroad companies passed May o. 1862 the
said companies authorized to merge and consolidate
capital stocks franchises. and properties
into corporation; and whereas, 1t is believed that
such consolidation will be Of advantage the stOckhOd
of said companies and to the interest of the stae
therefore this agreement witnesseth that in pursu
ance said the Legislature the parties hereto
hereby prescribe the following and conditions
of such consolidation and do respectively agree thereto
and to the mode OF carrying the same into effect as hereto
SRTIcGE The said companies hereby agree merge and cu,o
TS Central aSa Hudson River Railroad Co%ps1y Said
AKr Directors the corporation shall be
10 and the following named persons shall constitute the m Board Of
Of Springfield Mass sehen NeTork Daniel Terrence
Yo Horace Clara Of sspYorf James r. BlaEr Of Se~.YorE
Y joseph s1isr Of SegYolE samuel Bsger Of SesYof Sam
the Wednesday Of june s and until their shall be
new corporation shall bold their respective Offices until others shah
S sP0 P Sne w5 H Vab9srb Wee PredeSt Edwin d.
Woressst Treasures Augustus se5vl Secretary ~, -.
corporation Wednesday Of Iuns in each year Such election
ecor The SAID Be chosen By majority Of the votes
Gs s A ne sse2 'G ,p manner as q nay oS BE-
use to be directors unia ibe others elected in their places
either or By PROXY for each share stock held BY sneh stock
Board Of Directors be such manner as shall prescribed
b. Ss Sa Of 9 S % Bo.P d p Of i s s5G1
oftbs new corporation enumerated in TIE preceding article such
by the bylaws regulations Of said corporation shall be
respec,ge Offices during The pleasure Of the Board
& @ aa P R Sb o Sr nSBs Of shares s, sss
1 stock sss be 5000 Ihs amount o. par Of each share shall be
The capital stock the sad The HswYork Central Railroad Com
ssTss o. aoes o. sas e st ~ sg .oas lot saa epa
Initial tool AZ he pdson river Railroad Compav on The nyyebdey
oftb stock certificates exchange for the shares Of stock Of said
s a. bs option the Board Of Directors Of The consolidated com
eresi certificates heretofore BY EewY6E Railroad
Complain under s TssoaS 10 q the Board Of Directors Of saa
certificates authorized TO be issued pursuance Of this
for The capitalization Of The SAID interest ard
s9sd 0s Approved By st6ids IL smouS. Of al The ocLSo
ofsueS consolidated COMPANY such Increase must be first sanctioned
holders consolidated Company meeting stockholders
called the directors Of the company for that by written
printed each Ockho TO be served BIN personally by
deeoos The same lpPery s sna addressed 70 h At the Post
prior such meeting Such notice must state The time and place
Increase ths capital sioet The proceeding Of such meeting Of stock
Of Directors Of d CoHPay ard ssre5P0o The capita. spss may Be
company and M toe purposes authorised by saeh vote and none
corporations including such portions Of such Indebtedness be
secured ss % If sn lf a. % ~. 5sb e tHS ss
Issued The Sswio Central Railroad Company pursuance The
issued By the said The EswYOrk Central Railroad Company
passed DEE ~ ' Hss be- @ 7, IaI sII .a S 90 sg
t5,isot
VII For the purpose Oequsng the values property
SAID consolidating companies and making compensation 70 the stock
The parties hsrsto Do further ssrss tE there shall be issued to tbe
stockholders Of sad companies esrhcates 70 be called consolidation
Iby pleasure bs Company Of ae earnings
that until wholly paid Of and redeemed dividends upon
maat thereof shall be paid at the same rates and times dividends
pa the Of the capital Such consolidation
certificates shall be Issued Tor such purpose Of equalization as follows
RTo stockholders Of The NewYOk Central Railroad
COMPANY there shall issued consolidation certificates
for n per or s27 each the capital stock
Geond To the stockholders the Hudson River
Railroad there shall be issued consolidation certificates for IS
per cent s each 100 Of the capital stock Of said company Fof
ts further purpose Of en equalization there shall be retained out Of
be Of the HesYOk Central Railroad COMPANY The Of
s5s3O which shall be distributed aeahy the holders Of
stock certificates AMI the holders VI the interest certificates OF The
Railroad Company The time o. the exchange Of
aer the perfection Of the consolidation therein
consolidation certificates herein provided
stockholders Of the NewYok Central
Railroad Company their and their interest
The Of such stock heretofore issued TO the
Of said company 70 such stock IL understood
ADD agreed that each stoekhoder Of ne Ne1ioTk Central
Railroad COmpany shall the time be shall receive bis c0nto
certificate Of The interest certificate for 80 per
corresponding thereto 10 the eud that the De-
livery consolidation certificate be noted and recpd o
certificate and The Interest eeheaie ard TIE
certificate shall have been separated from The
corresponding the holder Of The stock sfhae sba
consolidation certificate for n
The Of notation and receipt beTeue
fre nrViS5 Interest 10 per upon
par Of the stock bu such ohhd shall De- unable
Interest certificate be sha only De eb
sd consolidation certificates ior 10 per eea w ae vai Vi 1h