Annual report of the New York Central and Hudson River Railroad Company and its leased lines being for the year ending September 30th ...

(Albany :  Weed, Parsons & Co.,  )

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  1886: Page 35  



35
 

The Rochester and Lake Ontario, in 1855.
The Buffalo and Niagara Falls, in 1855.
The Lewiston, in 1855.
The .Saratoga and Hudson River, in 1867.

The capital stock of the consolidated company was issued at par
in exchange for that of the lessor company's, respectively, under
authority of acts of the Legislature.

THE SARATOGA AND HUDSON RIVER ROAD

Was leased on November 3, 1881, to the New York, West Shore
AND Buffalo Railroad Company for 475 years, the rental for the
entire period having been commuted for $400,000.

THE NIAGARA BRIDGE AND  CANANDAIGUA RAILROAD,

Originally the Canandaigua and Niagara Falls, filed articles
March 1, 1851, was opened April 1, 1854, and leased to the New
York Central, September 1, 1858, at six per cent on $1,000,000
stock.

THE HUDSON RIVER RAILROAD COMPANY.

This company was chartered May 13,1846, and road opened through
its entire length from New York to East Albany, October 3, 1851.

Previous to the consolidation of the Hudson Eiver Railroad
with the New York Central Railroad, it had leased the Troy
AND Grbenbush Road, running from Troy to Greenbush, and which
road was chartered in January, 1845, and leased to the Hudson
River Road June 1, 1851, for seven per cent on $375,000 capital
stock. The lease runs during the time of the charter or any extension
tlieroof. The lease was assumed by the New York Central and
Hudson River Railroad on consolidation.
 

THE   NEW  YORK  CENTRAL   AND   HUDSON
RIVER RAILROAD COMPANY.

This company has added to it the following lines, viz.:
THE NEW YORK AND HARLEM ROAD

Cliartered April 25, 1831, and corporate existence extended December
28, 1874, four hundred years, leased its steam portion running from
Forty-second street. New York city, to Chatham (lease dated April
1, 1873, and expires April 1, 3374).    The annual  rent paid being
  1886: Page 35