Report of the Hoosac Tunnel and Troy and Greenfield Railroad, by the Joint Standing Committee of 1866.Wentworth, Tappan
History
Report of the Hoosac Tunnel and Troy and Greenfield Railroad, by the Joint Standing Committee of 1866.
Wentworth, Tappan
Hoosac Tunnel (Mass.); Railroad tunnels -- Massachusetts; Troy and Greenfield Railroad Company
"The governor and council shall have a general supervision of the work,
and for that purpose shall visit and inspect the same at least once in
each year, and as much oftener as they may deem expedient; and they
shall have power to correct abuses, remedy defects, and enforce
requirements, by withholding scrip or imposing new requirements in such
manner as the interest of the Commonwealth shall in their judgment
require."
Under the provisions of this Act scrip to the amount of $455,034.70 has
been delivered on account of the railroad and $40,131.95 on account of
the tunnel.
State scrip was delivered in sterling up to and including the delivery
of March 7, 1861, and afterwards in dollar bonds. In this statement the
sterling is changed into dollars, to show it all in one currency, and
the pound sterling is reckoned, as by the State treasurer when the
deliveries were made, at $4.44-44/100.
The certificates for amounts due on account of the railroad or tunnel
were for irregular sums, and the scrip delivered was in round amounts;
the fractional difference sometimes in excess and sometimes below the
amount of the certificates is divided between the tunnel and railroad in
proportion to the amount due on account of each.
Stated and divided as above, the scrip which has been delivered on
account of the railroad and tunnel, is as follows:--
=========================================================================
| | On account | On account of|
Date. | On account | of road west| road of east | Total.
| of Tunnel. | of Tunnel.| of Tunnel. |
------------------+------------+-------------+--------------+------------
1858, October, 6, | $50,000 00 | $50,000 00 | - | $100,000 00
1859, October 4, | 49,777 78 | - | - | 49,777 78
1860, January 3, | - | - | $50,222 22 | 50,222 22
1860, March 1, | 80,222 22 | - | - | 80,222 22
1860, October 8, | 15,829 79 | - | 64,170 21 | 80,000 00
1860, Dec. 12, | 5,580 37 | - | 112,197 40 | 117,777 77
1861, January 5, | 2,781 99 | - | 30,601 34 | 38,883 83
1861, February 18,| 2,545 83 | - | 23,281 95 | 25,777 78
1861, March 7, | 2,052 82 | - | 19,724 95 | 21,777 77
1861, May 8, | 5,061 65 | - | 80,438 35 | 85,500 00
1861, June 27, | 2,831 89 | - | 84,668 11 | 37,500 00
1861, July 12, | 3,497 61 | - | 90,002 39 | 93,500 00
+------------+-------------+--------------+------------
|$170,131 95 | $50,000 00 | $505,256 92 | $125,388 87
=========================================================================
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