Annual Report of the Directors of the Western Railroad Corporation to the Stockholders ...First annual report includes Act of incorporation, the act in aid of the Western Railroad, and by-laws, June 13, 1836. |
From inside the book
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Page 17
... amount drawn for , 655,114 52 $ 1,883,114 52 " The scrip disposed of has been sold at an advance or profit above the par value , averaging 31 per cent . and it has always commanded a much higher price than any similar American scrip ...
... amount drawn for , 655,114 52 $ 1,883,114 52 " The scrip disposed of has been sold at an advance or profit above the par value , averaging 31 per cent . and it has always commanded a much higher price than any similar American scrip ...
Page 18
... amount so paid over from time to time , was , on the 1st of Jan. $ 115,528 29. And about $ 22,000 more will be paid over during the month of February . To the above sum is to be added the premium on the exchange heretofore drawn against ...
... amount so paid over from time to time , was , on the 1st of Jan. $ 115,528 29. And about $ 22,000 more will be paid over during the month of February . To the above sum is to be added the premium on the exchange heretofore drawn against ...
Page 19
... amount from it will be To which add proceeds realized as above And it gives the total amount of the princi- pal of the fund , from this source only , $ 155,857 40 208,407 69 364,265 09 " Which is exclusive of the 1 per cent . on the ...
... amount from it will be To which add proceeds realized as above And it gives the total amount of the princi- pal of the fund , from this source only , $ 155,857 40 208,407 69 364,265 09 " Which is exclusive of the 1 per cent . on the ...
Page 20
... amount of the whole scrip , or $ 33,000 an- nually , required to be paid to the fund from the income of the road , after it is opened for use . Should the first payment from this source be made Oct. 1 , 1842 , -and the annual payments ...
... amount of the whole scrip , or $ 33,000 an- nually , required to be paid to the fund from the income of the road , after it is opened for use . Should the first payment from this source be made Oct. 1 , 1842 , -and the annual payments ...
Page 30
... amount of four hundred thousand dol- lars shall be delivered to the treasurer of said corporation . And when the said corporation shall have laid a further assessment of five per cent . upon the capital stock of the private stockholders ...
... amount of four hundred thousand dol- lars shall be delivered to the treasurer of said corporation . And when the said corporation shall have laid a further assessment of five per cent . upon the capital stock of the private stockholders ...
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Common terms and phrases
11 months 1st Class 2d Class Albany and West Albany road Amount paid annexed ANNUAL REPORT April assessments Baggage Baggage Cars balance Boston and Worcester bridge Capital Stock cent charged city of Albany Committee Commonwealth Connecticut River Contingent Fund cost December depot buildings depot lands Directors dividends dollars Engines and Cars estimate expenditures feet Freight Cars George Bliss grading Greenbush Hudson Hudson River income increase interest January JOHN HENSHAW JOSIAH QUINCY Land Damages Legislature Locks and Canals Lowell masonry Massachusetts merchandize miles run months in 1846 North Adams Rail-road November Number of Barrels number of miles party payable payment Pittsfield and North scrip second track shares Springfield station Stockbridge Rail-road Company Stockholders superstructure thereof tion Treasurer West Brookfield West Stockbridge Rail West Stockbridge Rail-road Western and Albany Western Company Western Rail Western Rail-road Corporation Western road whole Worcester Company Worcester Rail-road Worcester road
Popular passages
Page 29 - ... railroad for use, purchase of the corporation the said railroad, and all the franchise, property, rights, and privileges of the corporation, by paying them therefor such a sum as will reimburse them the amount of capital paid in, with a net profit thereon of ten per cent. per annum from the time of the payment thereof by the stockholders to the time of such purchase...
Page 28 - Contractor to discontinue all work, or any part thereof, as may be designated by the said party of the first part, and the said party of the first part...
Page 29 - Therefore this indenture witnesseth, that the said party of the first part, in consideration of the premises, and...
Page 28 - ... the said party of the first part will make, execute, and deliver to the said party of the second part a good and sufficient bill of sale for said...
Page 7 - Said bonds shall bear interest at the rate of not more than six per cent per annum, payable semiannually on the first days of January and July of each year.
Page 26 - ... property, rights, privileges, and franchises, whether now acquired, or hereafter to be procured unto the said party of the first part...
Page 20 - ... shall be binding upon the respective corporations interested therein until the same shall have been revised or alterations shall be made within one year after the award.
Page 12 - This Corporation shall possess the general powers and be subject to the provisions contained in title third of chapter eighteen of the first part of the Revised Statutes so far as the same are applicable and have not been repealed. '} 4. This Act shall take effect immediately.
Page 15 - Loan, shall be countersigned by the governor, and shall be deemed a pledge of the faith and credit of the Commonwealth...
Page 7 - The said shares shall be deemed personal property, and be transferable on the books of the corporation in such manner as the Directors may provide.