THIRD ANNUAL REPORT OF THE BERKSHIRE RAIL-ROAD COMPANY. To the Honorable Legislature of the Commonwealth of Massachusetts: The Directors of the Berkshire Rail-road Company respectfully report their acts and doings, receipts and expenditures, for the last year. On the twenty-sixth day of January last, the annual meeting of the company was held, officers chosen, and the whole amount of stock subscribed, principally by one individual, who subsequently entered into a contract with the proper officers of the company to build the road and all fixtures, and pay all damages for land, &c. for the sum of two hundred and fifty thousand dollars. Under the provisions of said contract, the sum of sixty-eight thousand one hundred and eighty-eight dollars and ninety-nine cents, has been expended on said road, in grading, grubbing, and mason work, and the sum of four thousand dollars for engineering, and the further sum of four hundred and thirty-four dollars and seventy-three cents, for land damages and incidental expenses of the corporation. By the said contract the road of said company is to be completed on the twenty-second day of May next. A proposition has been made to this corporation to lease the road when finished, and to pay for the use of the same, the sum of seven per cent. upon the cost of said road-to wit: the sum of seventeen thousand five hundred dollars, by the year, and to keep said road and fixtures in perfect repair; which proposition was duly accepted by this corporation, and an agent appointed to make a contract for said lease. The above proposition was made by the Housatonic Rail-road Company, a company legally incorporated by the Legislature of the State of Connecticut, which said company has built a rail-road, which is now in operation, from the termination of the Berkshire Rail-road to Bridgeport, in the State of Connecticut, with the exception of about a mile from the depot at Canaan, in the State of Connecticut, to the line of this State. The grading and mason work upon the Berkshire Rail-road is nearly completed and ready to receive the rails. The directors have good reason to believe that their road will be completed within the time specified in the contract, or very near it. All which is respectfully submitted. Then personally appeared Robert F. Barnard, Ralph Taylor and Charles W. Hopkins, Esquires, and made oath that the above report by them signed, is true, according to their best knowledge and belief. ELEVENTH ANNUAL REPORT OF THE BOSTON AND LOWELL RAIL-ROAD CORPORATION. To the Honorable the Legislature of the Commonwealth of Massachu setts: The Directors of the Boston and Lowell Rail-road Corporation do hereby make their Eleventh Annual Report of their acts and doings, receipts and expenditures, under their act of incorporation. The total amount of capital paid in, is $1,800,000 00 The amount expended during the past year, exclusive of amount spent and charged to the cost of the road, isFor repairs of road, including repairs of bridges, and $14,638 03 for taking up 7 miles of track laid with. 36 lb. rail, and replacing it by rail of 56 lbs. to the yard, For repairs of engines and cars, $33,193 13 22,644 42 For fuel, oil, salaries, wages, loading merchandize, and all other miscellaneous expenses, 63,631 77 $119,469 32 The amount received during the past year, is,- $92,875 80 90,229 78 1,896 69 For transporting passengers in cars of the Nashua and 34,507 53 23,544 25 The number of miles run by locomotive engines, the past year, is— The amount of profits divided during the past year is $144,000, being two dividends of four per cent. each on a capital of $1,800,000. Since the last annual report the second track has been completed to Lowell and put in use. The rails of 36 lbs. to the yard, originally laid on the first track, having been found by experience to be too light for the increased business of the road, seven miles have been taken up and replaced during the past summer by rails of 56 lbs. to the yard, similar to those laid on the second track. The amount expended during the past year, and charged to construction, is Whole amount expended at the time of the last annual report, Whole cost of the road with two tracks, depots, cars, engines and appurtenances, Nov. 30, 1841, $105,650 48 1,729,242 59 $1,834,893 07 A contract has been made by this corporation since the last annual report, to furnish an engine for the service of the Charlestown branch Rail-road Company. A copy of that contract is appended to this report. |