Sixth Annual Report of the Directors of the Old Colony and Newport Railway Company to the Stockholders: July, 1869 (Classic Reprint) - Softcover

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Excerpt from Sixth Annual Report of the Directors of the Old Colony and Newport Railway Company to the Stockholders: July, 1869

The directors, deeming it for the interest of our road to oh tain a closer connection with the South Shore Railroad Com pany, have made arrangements to that effect.

The business of the Dighton and Somerset Branch continues gradually to increase. The gain the past year has been 81325, 165 40.

That portion of the land at South Boston referred to in the last report, which now remains unsold, yields an annual rent of about It has a prospective increase in value, and furnishes sufficient present income to more than cover taxes and expenses.

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