The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1869-05-20

passed, or majority OF the votes cast shall not
DO In favor OF the endorsement Of said bonds,
Tue register and commissioners OF finance shall
anpose o. 50 much Of said capital stock asmy
PC fequirea 70 pay said loan. ''zf
i. 1919 y = anu 70 "ona''eo ana oraa'nea'
-, o'' :" s"'0'ss ue saiu oohe-
- anu u'e Psoeeeas o
~. ~ s.''.s N tus hahas o. ho
SospN'' " ''"''''''''e s"A'i h"'
~ 's''is',"' 70 return inc money 10 De Dor
~ 'e.o'e Pro.iueu, WIN inc interest
'no'a' r'o "es'ern hary'anu Hailroad Com
pau! a,i'u'nisn 70 the regis,er such addition
Ut amount OF sa'd bonds as VIII suffice, when 30
ehuofseu' 70 yie'd an amount sufficient to pay
'pe uene,ehey'
'ecuon D. Ana DO u enacted aud ordained,
mat 'he investment shaH not De made in said
op"'s' as proHusd IA section OF this ordi-
nance uhtli majority IN value Of the stock
n =. VI 'ne western aafyiaha hai'roaa
oo"pany' assemoieu IN st"ekhoiders' meet
'ns' S"a'i nave accepted inc terms OF TINS ordi-
n"n'e, anu p'e"geu "'s ,N''n OF saio ooopany
''0 AeA. "'"s'A, Ass""oiy " mary anu
"PP'e"uon '"s" w "a"' W seip e"hp"hy 'o'
such Modification of it, charter as will oiva IN
ID, mayor and eity council Of Balumors m.
annoin,mcnt Of .ucb additional rnmho, !, N.
49,. "a, - . /. -
,nember In ,ba hazard NJ diyec.or.
'ne'"osr ih '"e "'Afu " ''fe'''s' ..
FINANCIAL coSpIrfos.
The following are the results exhibited In the
different tabular statements made by Mr.. Now
49, 10, p.,,1~ssc.. , " e''''
Tta -, III. ~
n,iar - ~ .,,..,aa ~ ~ - eop -,
nrid.. ., Il,a.,.,o,yn -. panA. Sroo noo'
toek 4. oot .bare. spia 7oo. ,o,.l $40 -oo
Far tbc e,,s,.,o, oe no sa,d o.,,o, un,,n
Bridge to lIager.town the bond and stock debt
has been increased by new issues, a. follow, ~.
second mortgage debt 5000, 900; preferred mort.
gage bonds 5000 900; and stock sub,eriptlop..
liza shares, $3.50 no. Total bond aud stock
debts s2,i55.4l0.
The following is recapitulation Of the state
meat, showing how the bonds and city stocks
have been disposed Of, what amount has been
realized therefrom, and the amount paid for
discount, commission and interests Second
mortgage bonds, city endorsement, $500. 900;
received, 1858, 555 &C; discount, &c, sG4u "a.
Second mortgage bonds, Washington county
endorsement 100000 received, 2iO,9H Isl
discount, &C., 5i.555 80 Preferred bonds,
6OO,O0Oi received, S65,57s "a, discount, &C.,
sho9o' City 1867 stock 100000; received,
lsorSl3 81 discount, &c, 4,6sG 10. Washing
ton County bonds, 10000 received, Sl3l,-
o25 sai discount &C., 1906 Is. Total amount
ofreceip's from bonds. &e., l,l99, ll6 81 total
amount paid for discount commission, &C..
s2uO'IS' %. Received from stock subscriptions
IN baltimore, Ss,42Oi from subscriptions in
Frederick, Carroll aud Washington counties.
1880 81 Total amount received, si,259,-
926 Is.
Tue above toia' receipts l'21s'9z6 Is, have
been expended as follows; Construction ac-
count sss l9s III equipmen" s'i'SOoi machine
'n'p s''zo1 oSi engineering SaS'sS7 S6i right
OF way $500 % motVe power Sl'05i 10,
maintenance OF way z'oA Ofi coupon interest
paiu Vs'Ois a'i sinking tuna sSO,OoO; interest
o'iE'Vo lawyers lees stamps, &C., $500 ~
uamhses Tor k'lhns Mr. spurr'er sl'zSS; Vn'
ion railroad subscription 2,SOOi due on sundry
SV'"ane $500 90 casn on mana hareh ON,
ss'io' zS-Iotai sl'g5'isS III credit due to
huhdry open accounts 1883 6i--balanee l,2S9,-
9zO 49,
ihe total liabilities OF the company are
sI'O'z'o1' ~ total assets S5S'is4 Sd liabilities
over assets s2'4'9'o5i 81. The unpaid amount
due by Subscribers Tor the extension OF the road
is expected to realize from $4,000 to seo,eoe
wh'eh wih 80 towards building the road
In Tue report OF the President OF the com
pany' which only states Its bonded debt, there
appear as assets nncoiiected subscriptions In