Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1873-10-03
The Northern Pacific,

The Northern Pacific.
ITS CHARTER, GRANTS, AND PROGRESS.
The Northern Pacific Railroad Conoanv
was chartered by Congress on July 2l-
lS6l, and authorized by its charter and
subsequent acts to construct a roai from
Lake Superior, through Minnesota and the
Territories Of Dakota, Montana, Idaho. and
Washington, to Puget Sound, by the valley
OF the Columbia River through Portland
Oregon. In aid Of its construction Con
grcss made grant, estimated to amount to
AZ coo acres of alternate odd sections Of
land for 10 miles on each side of the line of
the proposed road. The authorized capital
OF the company Is SlO0, coo 600, in shares of
500 each. OF this amount &. 900 600 were
TO be subscribed and 10 per cent paid in
before the organization Of the company. A
mortgage has been created upon its whole
property, including its lands, to secure the
payment Of bonds issued, at a rate not to ex-
eeed S50,000per mile. These bonds are dated
July |, $50, and are payable in 30 years,
in gold; the interest, which is at the rate
Of ! 3-l0 per cent, payable in gold in New
York. half yearly, January and July |.
The Northern Pacific Company owns con-
trolling interest in the stock Of the ST. Paul
and Pacific road, and it has also leased nr
become owners Of the Lake Superior and
Mississippi Railroad, which extends from
81. Paal To Duluth. The officers Of the
Northern Pacific Company are as follows
Pres dent. George W Cass, Now York City.
Resident Nice-Prcsdcut, Charles 3. Wrsht
Nice-Pres ident on Pacific Coast, Rcharl l.. Rec.
Secretary Samuel Wlkeson.
Treasurer, Albert L. Pritchard
Lana Commissioners, William \ Howard.
Trustees OF 6ondholters, J. Edgar Thompson and
Jay Cooke.
Directors-Gco. ". Cas- New York Chas Z
wright, fAliadcpha' Penn; Richard D. Rice, Au-
su,tl, Me Frederick Billings, Woodstock, Vt;
William g. Moorkead, Philadelphia. Penn. j.
Gregory Smith, st. Adams, Vt. william b. Ogden
New York; william Window, Wiu0na Mimi, A. n.
Barney New York 3. +. Cheney, Boston, Mass:
William 6; Fargo, Buffalo, y. y; james Stnson,
Chicago, III Albert L. Catiin, Burlington, Vt.
Executive Comm tiec-Geo. ". Cass Chls L.
Wright, kehard D. Rc,. Wan. q Moorhc8d, and
ffcder.cA Billings.
The rolling stock Is as follows: locomotive
engines, y; cars-pasSengcr, lG baggage
and maiI, 8; Immigrant, / ; dumps, >
freight, platform, 1880; box, 395-total
cars, ,j76. The road being in process Of
construction no account Of earnings can be
given. The expenditure las been as fol-
lows
SuIVet i.l9l,5i.1-
lt9-!-n- l,.y,,}7 90
Tools. machinery and stock supplies 37sTDg gl
44'i-''- -'Dpi ''elr'. rs az DG-utl---- 2ij06i-l
Totll................. s1--11g-I15
The vorl- Of ,o-.-t-....+;.,., .,,....l;..,-a.
both erIs If flo H.. ~ - a.
beginning at Lake Superior, 1913 miles, ex-
tending 10 the Missouri riycr, have been com
p.eted, and on the eastern end 66 miles Of
the line between Columbia River and Puget
Sound had been, completed in November.
lsI2, making total length Of line in opcr-
in rro.,res- c,ra ,.,,t-,.., -. L,;il -. cn
miles 7n3re d,yr, p',-.. S-,-i - -. -
miles from the Coln-rf-g Pi-c. o, - 49, -
Lake Pend l'OrciiIe 90
Mr.. WuEe-.n +, .r ;..t.r--.,. ... III
dav said T,voof ~. --,,,i.-. .r.t-ac--.
of Law Caol-o IL &. No., n ~
Northern Parifc Fai'r.,5 C-.,,. % .Tho W.
result offLc f,ifrre If 10 ~, 5:t1 i'o i
that the yr3-l III .9, ..-.,.-i--, ,,;ri ~ -
,vbor -e-,-isI l.. E.; -, -. 90 - -
tbat Congrezs viii be ,.i - '.-. .,..'.o
tension nj ,,r, ,-e,~s >, +l.o ,'.-,.,-. a..
enable il IN colDr,ietc ti,er.,J So ~
cntcrnris, vras e,er I.r,-c o..c-,.-..l H..
Drivote canitaIi-+s os tba- IS .l,,.-..,.-;....
m iI~'a,l . 3o0 M ils- r., Ie.,.-+b - %
:. tfIcJ c,rti,,e-t C'.-.--5,. I'll ~
c,,,.o ?, tl.;- iii L,. c,+S5i;.,.. -,
the rovernueut IN tie rn5,rtot;1~ Il,
Womb rqro 49,, ~, f.-. r.- ~ I.-5....
al CIV rbat c1-1o-ti, -, 80 -, -, ;
entire domain .,'i 'ror,;'i;,,,, - ~
The ro.-ic Tfc .,o,1a,-, - - r "a
Lo,ds ,r1rlJ -,.. ..l,aii,. ,.,0 80 o'
-rc.,'- f. +i, -, III ,.io m
te..ins in D,t.,+s =, 10 -. ro.
-,6o- ami 80 ,.f-.,, s,Il-'I'.,t -,
l,,--l,-e0.',. +ie-, E 49, 80 .:.,,I-c.
inv s,rs,-,,,+-, .i: ri. IN ri ..ii
- u;~c.t.-. -, o. - -
r-,-1,o1, s,I - ~ III ~