The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-08-12

rHE MORTGAGE FROM THK nav roEK CITY AND
SoETaErH RAIl ROAD COMPANY 40 MEssns.
sc,rr AND orhEas.
Laltsriy MORTGAGES nave been found IN the Regis
tsr's once which made ever mouth ago, ana
had lain bdaen so 10 speak from the reporters who
have daily access 10 me gai.r book OF record.
more than . moath Another Instance 70 nov added
10 the one published Dy abe hKEALD Tuesday last
onJuy - ISIS. there -ss recorded the Regis
ters Office. IN tbs city, mortgage iron Tue New
York CITY sad Northera Railroad Company 10 George
Siismsn scott and onvef Hazard Palmer. trustees
This road RUS from the junction OF the Harem aud
East rivers 10 or gsbrdse. theacs nerihery
10 and through Yonkers Grsessarg Mount Pisasant
Ossisieg Newcastle, yorktown. Carmel and south
east aud terminates AT tns Harlem Railroad st
near Brewster's. Ia Putnam coussy. Tue bonus
400 OF them being or 500 each aad I o00
for 1000 each. Tue Dogus dated Nay
oifice oil the company IN New YORK Tney pay inter
est ~ tue rate oil seven per cent Three nuudrsd
bonus tor the purpose OF douoe trackn. the road
oil purchasing additional termiua hcinties
he name OF Tue oonds Is 'fns New YORK and
Northern Railroad Company Ine.Ipyraiee aadcr tue
laws Of the State OF New York. $1,000. First mort
gage sihking iund bond, No. -" rno mortgage pro-
vaes that the Interest shall default Tor
twelve months the whole OF tue prncpal stall become
due ana It also provides that ia oil such deiaui
ana upon Tho writ en- request OF one-tnird OF the
holiers OF the bonds, Inc trustees sGa sell puhlc
auction all Inc rights ana property VI the road VI
every description.
HOW SECURED.
Inc mortgage Is secured Oy lien upon the compauy's
road constructed ana to be- constructed, ana
the r0Ins Stock machine shops, &c. The bonds are
signed Dv the president AID asurcr aud counter
signed BY the trustees he ROAD through tue
counties OF New York, Wesichester aud Putnam. Ihe
mortgage incuaes all the Interest oil tue company
the road formerly known as the "Ncw YORK aud Bos-
ton kallr0ad" and tue other premises conveyed Dy
Eugene n. Pomeioy as referee 40 tna Farmers Loan
ana Trust Company, ny deed dated June I, 1870 aud
also lease OF "the New YORK, westcuesler anu
Putnam Railroad Company" and all tue rights
Of Jesse selsnan ana John CIosscy Brown,
trustees The trustees are 10 be paid
York City and Northern Raiiroad Company, by A. v.
stout, Presidsnt; attest, JUDn Mcmillan, secretary.
Tho mortgage was ACKNOWLEDGED july l6 be ore
Charles Rom notary public l67), and l. covers eighteen
closely written pages Of Lber. The OIL ers oil both
the New York anu The metropolitan Elevated 70 ads
deny any connection between their corporations aud
this onsh0ot OF rapid transit but persons connected
with the New York Guy aud Northern road aiiege
that II Is conte NJ plated TO amaiRanate with one Vi
Inc elevated roads as sO0n poss Bile, AZ
TO accommodate the residents along the line OF the
road dong business in this city Mr. stout. the pres
dent OF the new ToSd mas long been known AS III
president OF The National hoe ana Leather Bank and
was formerly City Chamberlain under Fernando
Wood, and IL was lie who advanced tie pay vi the
police when the ciy's money lock up by lail
ure oil the ARTISANS Bank, and It also he VINO
started The Tenth National Bank, when siterward tell
into the hands Of the Ring ana shared their downfall
The mortgage OF July 23 1873, Ia recorded IN Liber
I