OF THE

PRESIDENT AND MANAGERS

OF THE

PHILADELPHIA AND READING RAIL ROAD COMPANY

TO THE

STOCKHOLDERS,

JANUARY 9, 1854.

PHILADELPHIA:

MOSS AND BROTHER,

12 SOUTH FOURTH STREET.

PRESIDENT.

JOHN TUCKER.

MANAGERS.

SAMUEL NORRIS,

C. S. BOKER,

R. D. CULLEN,

G. W. RICHARDS,

M. S. RICHARDS, of Reading.

CHRIS. LOESER, of Orwigsburg.

SECRETARY AND TREASURER.

SAMUEL BRADFORD.

The Managers, in conformity with the requirements of the Charter, submit the following statements. The same form as heretofore adopted has been used, to afford ready means of comparison.