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Michigan Central Road Dividend

Michigan Central Road Dividend image
Parent Issue
Day
1
Month
January
Year
1848
Copyright
Public Domain
OCR Text

- The (reasurer of llie company Mr. 3 EO. B. Upton, of Boston, has ssued a circular to the stockholders giving an nccount of the earnings of the road, up to lie lstof Dec, nnd by a vote of the diecturs a dividend of eighl per cení upon he capital stock has been declared, the vhole payable the 15th of Jan. to all holders of stock al the close of business on he 30th of November. The Company paid the state for the road, in cash and state This being divided by 22,000 sliares, makes the net cost of each slnreseventy eiglit dollars and fifieen cents. The earningof the road from the 23d of September 1846, to the Isi of It will be seon fVom the above the dividend amounts to over 10 por cfiit on llie actual cost of eacl) sharo of ihe slocl;. -