{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
{"character_count": 2398, "word_count": 435, "ccnet_language_score": [0.9182999730110168], "ccnet_perplexity": [1544.699951171875], "fasttext_language": ["en"]}
ser having paid 500 per share his subscription be-
Some me purchaser Of any bond bonds issued purs


Time before the maturing of such bond or bonds to ex
ehange the same to amount equal his said
o The Company may issue bonds to the amount of ss
% v,oo IN hquidaton OF the debt due the State, If all
charged. " ~'S 'SsA NA'


The new bonds shall have priority over all existing
liens. and may be applied under the direction of an
than par. - -


assigning any portion of these bonds security for
ofcontract is expressly provided that there


not 70 be any to the State any which
ne endorsed upon the bonds and the company shall
uePost with the Comptroller sufficient to meet
ne annual interest each bond from the time of
sgnment to the time fixed for the completion of the


Materials and money obtained in exchange for these
ponds are to remain under the control of the agent


case o. OF principal or interest," the


Time for completing single track Els extended six
years on the completion of whic the company will be
absolutely released the origi nal lien Of the state


No proceedings for foreclosure can be held within


No bonds shall be issued until after location Of road
between Depose and Binghampto on, which location is
restricted to the route by Nneve and Page Brook
vded said practicable and the location betyeen
Shawagunk mountain and Deposite is in like manner
restricted to the interior Of Sullv county
said route is practicable.


The Legislature has done every thing in ;ts
the completion of this great and i'm oor,apt o
and its depends entirely upon the inr.I;, s
of the capitalists and citizens of this city The times are
favorable capital cheap and plenty ourcss of
description abundant and all that esssv ~ to annlv
the facilities have at command 70 the constrc.
ton of road that will do to in crease the trade and
prosperity OF this city than ten tr Aes the expenditure
in any other way possibly could It il estimated that
the completion of this road the ayment of all outsand
ing debts and the revival of ne old stock will not
require an outlay Of more than seven millions five hun
dred thousand dollars. The Il, IL Railroad will h. vh
nnsneo' our hundred ana nety-four miles long, and
ior w De 70 'ne stockholders the cheapest
road in the Union. compt lrison Of tho st;std o,
win tne roads OF TINS ss e and the Western road Of
MASSACHUSETTS, exhibits the following result