, 1875-03-07
History Of th Organization Of the
Company.
Original and Hendatory Acts Of the
legislature.
Tho Proposition to Sell Out in
1872.
Its assessments.

ing one of them, 1e Peoples Gas Light n
Coke Company, With does the business Of
Illuminating the Wee Division, TEE TRIBUNE
able to furnish Enc, interesting iuformatio
which, happily. is n derived from bills in cha
| Gerry. These 1actswill be specially pleasing
Chioagoans since they have all their liv
/! been Ia stat OF grievance regard.
this corporation. soar a3 ita finances were CO
cerned. They have I'D heavy gas bills, that tn,
kaew-and sometins paid them grumbhngl
| but they havo ofteDeeu assured that the Con
! pany, which was oustantly laying pipe {
rather Improbable treets had ali it could 1
| to Keep it's head abe water. The persons wh
hare done the assessing for city and State taxt
| have also labored ader similar impression
| the Company someone's not figuring at all 0
| the Town Assessor 'sooks.
But the acknowledgements will correct a
these misunderstanding. and will exhibit i
the brightest colorthe abba management G
Mr.. A. II. Billings, Who for fifteen years ha
! controlled tho interes Of this corporation. It
colossal Dividends al its ability to pesotiato 8
large foreign loa are due to one who ha
never taken public redit to himself, and wh
has rather sought tGonYey the impression ths
his management hadot been 80 successful afte
al. And now for
THEoCuMENT3.
The Railway Share ii Trus. Company, 1inite
Directors Samuel LAT, Esq. II. r., Chairman; th
hon. Arthur Kinnzrd{. r.; John Ponder, Esq, Il
n r. Sit Philip Rose, ,Irt:; Malcolm 4, LANG, Esa
George Edward Wytl, Esq, offer for public sub
ecriplion ctao oco 3 sooo Per cen. sterling bond
cago, estabshsd 1855, bonds of cloo each Tor ssoi
in gold, repaYable ut pom the LIST Of November 1904
interest payable tn hdon IN sterling At &c t$soI
bon sena aSa sy h1y ist ssapon, On the l;
year, accruing fronae 1st Of November, 1878,
payable at the Offices ofe Railway Share Trust Com.
pany, limited, lothhi z. c., London. and also in
gold Per annuu- Pn Of issue, -eso ts45o) per
E1oo $500 .gold} bon payable as fo'Icwa: eco
bond payable on allosnt, go bond On Feb. /,
the installnents nay anticipated under discount 1t
the rate Of pcr cent pannum.
Reckoning the sccrz interest from Nov last,
&nd the discount on anpation OF lnstalncnts tue
net cost is reduced tabous ess GAO per coo
bond, which will yta to the investor = return
Of OYER OK per cent per mum on the outlay.
Ths Directors OF the iway shars Trust Company,
sztiafy themselves by most
SEARCHING, NDREDENr INVESTIGATION
as to the position Of Company and the correct
ness OF the facts and nres stated herein, Accord
character OF the worksorn a1r. Alfred Girard II.
Inss. c. E., the wsll-knd Gas Engineer for 30 years
one Ct tho engineers ole Chartered Gas Company
Of London who examinn1e works in Chicago In pcr-
son. Second. rs to thest and present revenue Of
the Company, from Mosl Price, Waterhouse l. Co.,
the Public Accountants, n Investigations made IN
The purpose. Third, as tie legal validity Of 10
mortgage, and Of tile tter Of the Company, bY
Messrs. Norton, Rose, Npn Brewer, the uo}jcjtors
81 the a}q f1o NSss
that firm, who has just rfned from his mission to
Chicago.
points are inclosed herd and thu detailed reports
may bo seen at the comps otElce, No. sothburJ:
they furnish full fnfos7nn and enable tho Directors
Of the natlway Share T Company. In issuing This
rectness Of all tile facts ofguras stated.
THE crTr CHICAGO
preaents enc Of the motnagkabls instances in the
world Of rapid progress:t 1850 the population was
. 1863 pereona in 1870 III Increased to co8,s77: tn
45o, 600. Tho valuation eal and personal property
s4s 7a2 7s2 in 1854 10 s2s 40 IN ls7l, md Is now
Chicago is supplied w1as By two Companies. tbs
tabiahsd in 1855, and chicsao Gas-Iight and
Coke Gaman'' a,vih Ea1 r. that puEpese haye
district Of the Peoples ppany being the wcstern
section Of the city comprnd,ng about th7ee-ffths
Of tha whole population Chicago. The rapid prog
.pondtns increase ia the sumption at gas supplied
BY this Company. In 18. was 6o62, ,2s7 cubic
test ls1 ~ s27 sss; \ 2sl SO 42s and in 1874
months 1t 223, i3s, ,sA cuAet~
THE stNcoxE
earned in tbs came periods: 1869 $3.50 rs. 1s71 |
sool os5: 1873 sass TO; for tne year 1874, on tbs
taking for the laat two ms the consumption fo-
the corresponding month!1s7s, $4,000.
j. The Directors Of tho 4any are: Cornelius 4.
leat Of the United State Brazil steatn Maiiship |
Company, New York b; a. IL. Billings,
e5ssiasnt eas1sa q 1,,ti the Peg asaIght ceEs
.ra, to those acquainted he United states. the
lest guarantee for oa{tion resrectabli'ty and for
he continued r1otity antt1aence q management
toEitaou.
THE sHAt4p1rA1 |,
= tho Company ts $sgo Of Ehlch s, ,0o3, Geo IL :
uuy naa 1o op ana .Geohas 80 per cent paid up,
cQuisrd. {
Attention Is requested I'd various fne1ossd cer.
6catas, by which 1t vii son that A{r. Toward re-
'orts as the result Of bis sninstion Of Tie Worfn
n the spot, that they are knd substantially eon- !:
trueted- Messrs. NortoIpss, Norton Brewer ] !
ef11y that the bonds noTse issued nre secured by
mortgage duly executedhe Union Trust Comm t
y. OF Ne" 1orK, and thatcon7dtutea comp1eta |
nd eteftu2 first charge de whole Of the ptoperty q
"a income Of the undehg. They also certify a
nA| IEe GommnT II incorporated uudet | b
peM aets q 1ne state OF pta, nth perpetual BIC
nSfged by the charter CAY be reduced below the .
rice now charged, wtthouloonsent Of the Compa- u
;. Aeasrs- Price, Wa3ezfe Co. certify that the Fl
a ui1ene net income for present yeat II about Il
y, 100 tsi22, ,ooo>' OF. than tlree titnes o
40 amount required pay tho interest II
u T.. tae @ nfsI moIteag4ads, Uz.: 4c25.910 Il
svenue viii be d5usIa shout i've sss yas7s. 3 3,