The New York herald., 1878-03-05
FIN ANCIAL.

which Is believed will strengthen the relations between
the eompy ana TIE men an establish on hrm basis the
fonr attention has already been directed In this report
tire suspension Of .Ss fssnt ,r.s as At At sss point
period o Ten days In addition to ths great loss Of rsvs
worth OF valuable property totally destroyed BY ne
sSas we're nSsned "na sher AID nvesa to
ss rhsr efforts proving the
reqnisition npon the OF the statsor military
s s sn
the %GS on ,Ss s Of July II which % Of
w,nneed he rioters were then Joined bv large number.
rtsburg and ITS yeiny, aud further reinforced the
IDLE and vicious classes which exist in All large eomnnni
nifty offered for punder and pxgs On the night OF July
il pasuay stated hsrsnse s"a tho %oyensns % of
s sSss Pre- sss Of h
2sh ofJuly During the interval Governor Hartran hav
'Ds :s y ns s."ss
b. the gensss on m. O.nos.
The Governor At once inauguate the most entrgetc
i'ssSs IsSs; ;rse Of
Of The in the late disturbance were promptly
by the civil authoriss By that time the citizens
Them. s.rsnssnsa the hands OF the
thu. enable public TO re.nms their business without
further moiestativn.
large force wa. imn,sdaty put TO work TO tho
debris engines and building. which covered
Which pons Ing eopsn lad 20 cs s
enigma honses Offices dspos and all other popery capabs
mo,s IN .no every , III one Of tho Soildns'
IN were neaasa
and SOS reiget cars the whole loss
los, y .ne ess%p.ny .sons" ,h s.oppass Of is 5ais IS
IN transit de.troyeos IRON si,ooOoOo 5OU0 0VU In
addition ,hcrssS ~ passengsr and 1851 freight e.r 70
Ing yonr Western lines. were destroyed aud large
dividuas including the large grs elevator P,tsburg
so tina. tue snirs . 9s; ~. vi" b sssess ss
Instituted against the count OF Asrbcny recover
compan,os aud na,vidual,. and doubt entertained
a' the .saass san to Ssss .s s M be ren
expsdieut 10 reduce books the vanc OF
The same spirit Of revolt which prevailed ~ Pttshurg
ss .sS S nsy .s s. ."I other
hut property was destroyed violence committed at
abiding citizens speedily united
law and order Ane deserve credit or p,omps
especially the company and the community At large
sticn o orasr 70 admirable energetic conest Of
Ills % .na h sss ss G S
charge. 20 whom too much credit cannot De given;
jecs OF reaajns,msnt the nsitiss iIs eompany
lower basis Of interest and Of asvising plan or s
lines meet the general interests Ct the country through
interest," capital invested in enterprises being
stsay reuuesd his country and the SIN broader
will. in tue uaEmen. OF your Board rulo much below the
the charges and other lines
country present to the minds Of your areeor strong
these liz ,es should now commenced and be
that financial position viii be
Urities be from the voen uc
caused from time time by vicious
inaugurated by other interests upon competitive bust
ness company will thus be enabled 10 handle that
traffic at sucn will always command for your
lines lsrge and increasing business and make
them useful valuable In the highest
gree IS transporters, and OF increasing value to
ehOlder This important matter has received
their earnest attention. ana they are VI the opinion that
TINS can effected the adoption the following
the will be permanently protected and pro-
moted:-
That there shall appropriated from the
of the company ot 10000 per month,
ing 1873 which shall be deposited IN salts
factory trst company the Of Pnumae phia
Board with which shall be associated competent and
shareholders trustees under specid
haviug its tho purchase from to time OF the
bonds and shares OF other companies which
teed w Pcnnsy Kaiiroad Company, and
deUt OF tGe Pcnnsylvmna compHn, except that
retirement whc is arssdy provided for By the special
trust that hereinUeore stated tho purpose
being to ultimately reduce all the liabilities above
ferreu trust to be in such form Board OF
Directors under the advice oi competent counsel.
nd best adapted protect and promote the interests
OF the Stockholders
from the and such portion oil the
sum nat may EXPENDED annually tor construction and
will complete the amount ot two
per capital stock to w.t. $177 4O4
Tho holders entitled receive annually scrip
dividend 81 share recemabie at tn,
option Company bearing interest at our per coat
the balance oi the net earnings ia cash.