The Monitor. [volume] (Woodstown, N.J.) 1884-1892, 1888-01-20
FERNS offhe Merger.

The agreement of merger and consolida-
ton between the West Jersey Railroad
Company, the Salem Railroad, the Salem
Branch Railroad Company, the Swedes-
boro Railroad Company, the Woodstown
and Swedesboro Railroad Company, the
West Jersey Term inal Railroad Company
and the Maurice River Railroad Company,
of date twenty ifth day of October, 1887,
having been ratified by the stockholders of
the several corporations, "the West Jersey
Railroad Company" by the provisions of
agreement, is prepared to make the follow
ing issue Of stock in the new corporation,
in lieu of that held by stockholders in The
several companies merged, viz:
The Salem Railroad-22l1 shares of the
special guaranteed stock, being of the par
value of $50 each, shall be issued to the
present stockholders of the Salem railroad
in exchange for 2211 shares of the capital
stock Of that company, share for share with
their present holding, with the privilege on
the part of the holder of converting said
special guarantee stock into the common
stock, share for share, at any time within
six months from the date of the CONSUMING
ton of this agreement.
The Swedesboro Railroad Compauy--1S67
shares of the special guaranteed stock, Of
the par value of $50 each, shall be issued
to the present stockholders of the Swedes-
boro Railroad Company in exchange for
3135 shares of the capital stock of that
company, one share of the special guaran-
teed stock of the new company for two
shares Of their present holding, with the
privilege on the part of the holder of con
verting said special stock into the CON-
mon stock, share for share, at any time
within six months from the date Of the
eonsummation of this agreement.
The WoodStown and Swedesboro Rail
road Company--1000 shares ofthe common
stock, being the par value of $50 each, and
$40 600 in money, shall be issued and paid
to the present stockholders of the Woods
town and Swedesboro Railroad Company
in exchange for 1000 shares OF the capital
stock Of that company, one share of the
common stock of the new company and SO
in money, for four shares of their present
holding.
The following circular has also been is
sued by the West Jersey railroad:
The agreement of merger and consolida-
ton between the West Jersey Railroad
Company, the Salem Railroad, the Salem
Branch Railroad Company. the Swedesboro
Railroad Company, the Woodstown and
Swedesboro Railroad Company, the West
Jersey Terminal Railroad Company and
the Maurice River Railroad Company. of
date twenty-ffth day of October, 1887,
having been ratified by the stockholders of
the several corporations, and the agreement
duly filed with the secretary of state of
New Jersey, as provided by law under date
of December 31st, 1887, the several corpor-
atoms above named are merged and CON
solidated, and after that date become one
company, the West Jersey Railroad Com
pany. The several sections will be known
as follows: The West Jersey Railroad
Main Line, between Camden and Cape
May; the Salem and Swedesboro Branch,
between Woodbury. and Salem, and Elmer
and Riddlcton; the Bridgeton Branch be
tween Glassboro and Brdgeton; the Maur-
ice River Branch, between Manumuskin
and its terminus on Maurice river, opposite
Port Norris; the Sea Isle and Ocean City
Branch, between Sea Isle Junction and
Sea Isle City and Ocean City. The several
officers, agents and other employees will
be continued in their present positions.