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 16
... pay the principal and interest of the scrip as it should fall due ; and should mortgage the whole road , and all the franchise and property belonging to the corpo- ration , to secure the performance of the conditions of the bond . This ...
... pay the principal and interest of the scrip as it should fall due ; and should mortgage the whole road , and all the franchise and property belonging to the corpo- ration , to secure the performance of the conditions of the bond . This ...
Page 20
... payment from this source be made Oct. 1 , 1842 , -and the annual payments extend to April 1 , 1869 — the average time the whole scrip falls due - it will give 26 years . The annual interest at 5 per cent . on these yearly payments will ...
... payment from this source be made Oct. 1 , 1842 , -and the annual payments extend to April 1 , 1869 — the average time the whole scrip falls due - it will give 26 years . The annual interest at 5 per cent . on these yearly payments will ...
Page 21
... pay a single dollar of that loan . " Unless there is some fallacy in the foregoing calculations , which no one has , as yet , been able to detect , -although they have , in effect , been before the public for two years past - the ...
... pay a single dollar of that loan . " Unless there is some fallacy in the foregoing calculations , which no one has , as yet , been able to detect , -although they have , in effect , been before the public for two years past - the ...
Page 22
... payment of the same by the stockholders , deducting any dividends they may have received - thus securing to the state the right to buy the road , virtually at cost , if it should prove profitable and leav- ing it with the stockholders ...
... payment of the same by the stockholders , deducting any dividends they may have received - thus securing to the state the right to buy the road , virtually at cost , if it should prove profitable and leav- ing it with the stockholders ...
Page 30
... pay the principal sum of said scrip , which may be delivered to their treasurer , punctually , in Lon- don , when the same shall become due and payable , or such part thereof as the sinking fund aforesaid may prove insufficient to pay ...
... pay the principal sum of said scrip , which may be delivered to their treasurer , punctually , in Lon- don , when the same shall become due and payable , or such part thereof as the sinking fund aforesaid may prove insufficient to pay ...
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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.