OFFICE OF THE N Y. EnrE r. r.. Co.
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orrIGE oT THE Y; EnrE y r Cog
ss r. ,ast No. 8 ~ on h osa A. $


BY order Of the no'rr a q pR5Ws EsSsSg Acting s.s


The condition., of criptn ad pied b. the Board OF Di
We whose heeuato ,nnexed, reslectiyey sub
z o T nd M & & o'i h1s the % e aa g ed % NsM
S's rs s%s"' he as & such
Hf said company a he q q millions 0f dol


ner-s, at the rate Of six cent per annum snail
@ s i he ~ s he @ days aGS on 1's X
date ad O f. h m n ua s M tris Of The
Lake L5Is RE and also branch to Newburg.
called amy s 'sS .asd H. Until
% he sod ssh
nd. suerrSsrptioas; rss. -, o,. ,h., s,s r.r
Be ~9SS We've month. no .as;s.p
pei the
after having pad s5 per share oa hi. .qberpoa become
ls" MAY 1876 shall be entitled at any time Ssois
to b. ,a or &c nShse @ ee M @
TO THE PUBLIC.


In making the above opening OF the books
9 @ the D. S ds% *. N
and Ere Railroad has too long for the credit Of our city re-
II to osf ts saf 'D ]
fully determined e nothing undone which they
do to carry forward this gre at enterprise TO an early com
| pleton.


= e: iS 's
T ff "o ss
work work vii, s st,das M Of our want Of


The Ss e S' s , mt % s ss
business and capitalists the necessity q a ping mm
led by position and must
GGt % n Road
the advantages Of which our neghoo are fast ayalng them
to G Ns% hrs Wha h & has


II s s se the s s saS Ss~
ed from the Hudson Riy.s to Lake Erie. ...,.,
Of wy 80 Of IL, sa
whole Of New sasaad aud which, By is POSITION VIII
bntry TO- and I 1oa hs 9oo i9r @ W
it opens upon our great inland sea- the trade 81
sne" sPS i' ia'is


nc should b exposed to the dagger ae,dent 70
cation Increase Importance and magnitude Through tos
southwestern cities incinnati, ST Louis aud New Orleans
ofnecesy fd its through this route TO tie Valley of
las are eqa,fed The cos. Of the wok 10 the socihode
will then be ooO AID addg liberal amount m to provide
road with heavy TT rail- ss,%sed s. os az s PEI ioa w & be
o. Hs road w H. ee @ %s IT, but M v fs. he
holde s. reduces il to this very low rate


IL che sS ss b Ss w5. 70 ha al
one cent less than those assumed IN the calculations


With regard the poductiveness of the investment the
Of opi9on result fail TO :. the high
such the cone arrived by careful and


sas to g hss sasoa oa S
and tn eies necessary the impression seems no 10 have
eomp must by large dydeads The results cots%.d
the work the Of the county though %heh il
"a Snf om rSs n s M
d. 'xistl9g or IA exceeding u the
city Will a;fod or agricultural proouc OF every descnron;
with nerch, be exchange TO to leave
no reasonable doubt on ths most important question
motive power Ys have aye rsesHy been made ha ,Hd %
mpete IN the transportation Of articles ehsyy
merchandise with other mode Of conveyance hs the
Of Sas'sss; and add millions value Of the popey ih


sps s esfn @ he 4, m pu se e 10 ee st ree


With regard to The Indebtedness of the Company, the
smoua Of about 5000 the Board ppy TO be
principal Of for most Of has been
exisadd satisfactory 3 Terms Ihs sum o. a, de is
Of January s4s The holders Of half the remain.
ee ess 70 res Including due wo
done , on the III I @ OF "


AS nducement Tor cataiis to SUBS nte INT rest as Will
sn will " from he
sasc q n %t S U.a BE- %
to use snoad the requisite subscribed the
rgaS may a " I WORK S 'ss to
line for the rails having been done and the Us com
|


The Directors cannot DOUBT that f the subject Of the New
YORK Ere Railroad FOR the hfst time presented
citizens, without collateral advantages az based
merits, IT would co me use ioci-
by their fvor BILE consideration but added % me nes IN
those relea by the ate oil S5W0 900


loan AID the reduction the old stock from 81 800 900 to
making gehsF bonus Of s. RIA: 80 to = ne eo Se% e
h, been expended will represented stock and debts
the ami u only OF 81 600


may proper that OF the So 900 600 required
ed by subscription, than million o dollars
been pledged IN large sums b. avery few m hds Of the
road leaving than millions be missed by additional
the full benefit Of the oil the
| Legislature.


olhe advantages of this important work and the
induce subscribe the stock Of the Company the
Board earnestly commands the favorable consideration oil
the citizens Of New fork Of whom, oe he poor or
rich, business less than the holder oil real estate
has deep interest in its early completion. .


Ia conclusion the Directors ask the aud Of their Gowoi
the public work Of country ~ the s1
tges Of which more than million OF the mh.6n q
this city aud State will participate There 10 no other wok
Ia which they have deep and IN view oi m para
importance they vii not they csnnot DOUBT OIL
" Wv BENJAMIN LQDER President.
| New York, September 2, 1915.


| MAIL EASIIDC-lS46-