NORWICH AND WORCESTER RAILROAD. (Financial year ending 30th November, 1859.) BOARD OF DIRECTORS AND OFFICERS, 1859-60. J. Newton Perkins.. New York City, N.Y. | Charles Johnson.... John A. Weeks..... V. Worthington..... Moses Pierce... Jedediah Huntington.......Norwich, Ct. Alex. DeWitt... AUGUSTUS BREWSTER, President.... P. ST. M. ANDREWS, Superintendent.. PRINCIPAL OFFICE..... .NORWICH, New London Co., Conn. 59.00 miles. 66 Second track, 1.80 mile. Sidings and other track, 6.70 miles. ROLLING STOCK-Locomotive engines.... 7.00 14 Cars-Passenger, 17; baggage, 3, freight, 258; gravel, etc., 21..... 299 The Norwich and Worcester Railroad Company is a consolidation of the Boston, Norwich and New London Railroad Company, chartered in Connecticut in May, 1832, and the Worcester and Norwich Railroad Company, chartered in Massachusetts in March, 1833. The legislatures of the two States passed separate acts in May, 1836, authorizing the union, and constituting the stockholders of the companies severally stockholders of the consolidated company under the title of the Norwich and Worcester Railroad Company. The new Company was organized early in 1837, and during that and the next year was engaged in making surveys and contracting for the construction of the road, which was completed and opened for business early in 1840. SHARE CAPITAL-Authorized, $2,825,000, in 28,250 $100 shares. $400,000 FUNDED DEBT $714,998; classified as follows1st Mortgage (State Loan), 6 per cent., coupon bonds - - - -dated 1st July, 1857, and payable, principal in 20 years, and coupons semiannually, 1st January and 1st July, at the State House, in Boston. This loan was originally made in 1837, for 20 years, at 5 per cent., and has been extended from the date of maturity for a second term. The premium on the bonds sold was set apart as a sinking fund, to which $10,000 are added annually from net earnings. This fund now amounts to $53,500. 2d Mortgage, 6 per cent., coupon bonds -$205,800 -dated 1st August, 1845, and payable, principal 1st August, 1860, and coupons semi-annually, 1st February and 1st August, at the American Exchange Bank, New York City. Present amount of sinking fund, $34,296. Of these bonds, $142,000 are held by the Norwich Savings' Bank, and are to be paid by annual contributions of $5,000, in addition to interest. Extension 1st Mortgage, 7 per cent., bonds. ..$16,000 -dated 1st January, 1850, and payable, principal 1st January, 1860, and NOTE. In the statement for 1851, the previous earnings are included. interest semi-annually, 1st January and 1st July. These bonds have been paid since the 30th November, 1859. General Mortgage, 7 per cent., coupon bonds. ..$93,198 -dated 1st, 1847, and payable, principal 1st December, 1864 and 1874, and interest semi-annually, 1st June and 1st December, at the Farmer's Loan and Trust Company, in New York City. Of these bonds $30,000 are due 1st December 1864, and $63,198 1st December, 1874. 49,169 Engineering. 69,499 .1,198,261 Land, land-damages and fences....... 142,592 | Agencies and other expenses. INCOME ACCOUNT FOR THE YEAR ENDING 30TH NOVEMber, 1859. Mile -Gross Earnings Cost Operating Earnings. 155,261 78,805 76,456 66.00 95,856 51,103 15,376 66.00 135,654 78.783 16,232 157,358 75,195 82,163 76,436 204,308 89,621 114,687 45,000 3 20 ys. 47,262,977 1320.00 2,301,565 2,350,533 298,737 4,950,835 2,801,666 2,149,169 552,192 Aver 2,363,149 66.00 115,078 117,526 14,937 247,541 140,083 107,458 27,609 1 LAWS OF THE STATE IN REFERENCE TO RAILROADS. List of all the Railroad Companies chartered in the State of Connecticut, with the dates of the Acts of their incorporation; and also the dates and abstracts of all laws passed by the Legislature in reference thereto. The asterisk [*] prefixed signifies that the work of construction has not been commenced. Corporate Titles. Abstracts of Laws. United with Blackstone and Southbridge, May. *BRANCH. 1845, p. CHARLES RIVER (of Massachusetts). 1856, p. May unite with New York and Boston, May May unite with Worcester and Norwich, May. Act of incorporation, May. DANBURY & NORWALK 1850, p. Act of incorporation, May. EAST THOMPSON · 1853, p. Act of incorporation, May. 1856, p. 1858, p 1859, p. FAIRFIELD COUNTY. 1835, p. Act of incorporation, May. 1846, p. 1850, p. *FARMINGTON CANAL 1846, p. 1843, p. 1848, p. 1849, p. 1849, p. FARMINGTON VALLEY 1852. p. 1856, p. 1858, p. *GRANBY. 1854, p. HARTFORD & NEW HAVEN. 1833, p. 1836, p. 1838, p. 1839, p. 1939, p. 18942, p. 1842, p. 1844, p. 1844, p. 1845, p. Time for completion extended, May Charter revived, June 9. Relative to the charter, May. Changed to Danbury and Norwalk, May. Authorized to extend branch, May. Authorized to purchase steamboats, May. Authorized to borrow money, May. Act of incorporation, May. Time for construction extended, May. Act of incorporation, May, Relative to Directors, December. Time extended for completion, May. Authorized to issue bonds, May. Authorized to own steamboats, May. Authorized to extend road, October. Changed to New Haven and Hartford, May. Authorized to increase capital stock, May. Authorized to increase capital stock, May. Charter amended, May. Authorized to borrow money, May. Time for completion extended, May 1849, p. Relative to suits, May. 1849, p. Time for completion extended, May. May unite with New York and Hartford, May 1849, p. HARTFORD, PROVIDENCE & FISHLILL 1849, p. -- Union of New York and Hartford and Hartford and Providence Companies, May. Charter amended, May. United with Providence and Plainfield, May. Authorized to Issue bonds, June 17. Time of annual meeting changed, May. 1852, p. 1854, p. 1859, p. 1835, p. Act of incorporation, May. 1838, p. 1840, p. May take stock in Mass. Extension, May. Relative to construction of road, May. 1855, p. 1856, p. 1857, p. 1859, p. NEW YORK & BOSTON 1846, p. 1947, p. 1849, p. 1849, p. 1852, p. 1854, p. 1854, p. 1856, p. 1856, p. "NEW YORK & HARTFORD. 1845, p. 1845, p. 1846, p. May subscribe to N.Y. and Conn. RR., May Act of incorporation, May. Time for completion extended, May May unite with N. Haven and N. London, May. Act to incorporate, May. Changed to N.L., Willimantic & Palmer, May. Authorized to issue bonds, May. Time for completion extended, May. May subscribe to Amherst & Belchertown, May. Confirming the acts of the Company, May. Repealing sec. 19 of act of incorporation, May. Time for location extended, May. May sell road, May. Charter amended, May. Relative to deposit of moneys, May. Act of incorporation, May. Relative to commencing operations, May. May build a bridge over Conn. River, May. Time of completion extended, May. Authorized to issue bonds, May. May unite with Woonsocket Union RR., May. Time of completion extended, May. Union with Charles River RR. confirmed, May. Act of incorporation, May. Relative to commencing operations, May. 1847, p. Time for completion extended, May. 1849, p. Time for completion extended, May. NEW YORK & NEW HAVEN. 1844, p. 1845, p 1846, p. 1855, p. 1855, p. N. YORK, PROVIDENCE & BOSTON. 1833, p. 1851, p. 1858. p. 1859, p. *NEW YORK & STONINGTON 1832, p. 1833, p. Act of incorporation, May. Time extended for completion, May. Confirms laws of State of New York, May. Authorized to compromise claims, May. Authorized to issue preferred stock, May. To aid construction of N. Lon. Extension, May. Relative to New Haven & New London. May. Act of incorporation, May. United with N. York, Prov and Boston, May. *NORWICH & LYME 1841, p. Act of incorporation, May. *NORWICH & WESTBROOK.. 1851, p. Act of incorporation, May. NORWICH & WORCESTER. 1832, p Act of incorporation, May. 44 1840, p. 66 1842, p 1843, p. 1845, p. 1848, p. 1850, p. 1850, p. Charter amended, May. 1853, p. แ 1854, p. Ratifying act of Massachusetts, May. แ 1855, p. 1856, p. 1857, p. 1857, p. Act of incorporation, May. *SALEM & LISBON ·· ·· ·... 1852, p. Act of incorporation, May. *SHARON & SALISBURY. 1832, p. Act of incorporation, May. SOUTHBRIDGE & BLACKSTONE.. 1854, p. *STAMFORD & DANBURY.. 1830, p. Act of incorporation, May. *THOMPSON & WILLIMANTIC 1857, p. *UNION BRANCH.. 1856. p. 1857, p. - แ 1859, p. *WESTBROOK & DEEP RIVER... 1855, p. 1858, p. *WILLIMANTIC & THOMPSON.. *WINDSOR & TARIFFVILLE.. 1849, p. 1850, p. Time for location extended, May. Relative to debt, May. Authorized to issue bonds, May. May subscribe to Worcester & Nashua, May. Authorized to increase capital stock, May Authorized to increase capital stock, May. Authorized to construct branch, May. Concerning bridges, May. Time for completing branch extended, May. Approving act of Massachusetts, May. United with Boston and N. Y. Central May. |