USA > New York > Gazetteer of the State of New York: embracing a comprehensive view of the geography, geology, and general history of the State, and a complete history and description of every county, city, town, village, and locality, Part 1 > Part 20
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Saratoga & Montgomery
May
6, 1836
150,000
( Ballston Spa and W. branch } of North River ..
Saratoga & Washington.
May
2,1834
600,000
Saratoga and Vt. State Line ..
Schenectady & Catskill
May
13, 1846
1,000,000
Schencetady and Catskill.
Nothing done.
Schenectady & Susquehanna
May
13, 1846
1,500.000
( Schenectady and New York } & Erie R. R.
Schenectady & Troy
May
21, 1836
500,000
Schenectady and Troy
Consolidated with New York Cen- tral R. R. in 1853.
Schoharie & Otsego
April 25, 1832
300,000
[ Catskill & Central R. R. and } 1 Susquehanna
Scottsville & Canandaigua.
April
12, 1838
100,000
Scottsville & LeRoy
May
21, 1836
200,000
Scottsville and Canandaigua Scottsville and LeRoy
Sharon & Root.
April 18, 183S
50,000
Branch of Catskill & Cana-) joharie R. R
Skaneateles
May 19, 1836
25,000
Skaneateles and some point on Skaneateles & Jordan R. R
Skaneateles & Jordan.
Marelı 13, 1838
Skaneateles aud Jordan.
Sodus Point & Southern
March 8, 1852
350,000
Staten Island
May 21, 1836
250,000
Staten Island
Aug.
2,1851
300,000
Clifton and Tottenville ..
Syracuse, Cortland & Bing-) hamton.
May
21,1836
500,000
Syracuse and Binghamton
Surveyed. Nothing further done. Nothing done.
Syracuse Stone.
May
13, 1836
75,000
Syracuse & Binghamton
July
2, 1851
1,200,000
Syracuse & Southern
Oct.
13, 1856
1,201,300
Syracuse and Binghamton
Syracuse & Utica.
May
11, 1836
1,000.000
Syracuse and Utica ..
Consolidated with New York Cen- tral R. K. in 1853.
Syracuse & Utica Direct.
Jan.
20,1853
600,000
Syracuse and Utica.
Tioza Coal. Iron Mining &? Manufacturing Co ..
[ Bituminons coal region and } Chemung Canal.
Tonawanda.
April 14, 1832
500,000
Rochester and Attiea.
Trenton & Sackets Harbor.
May
15, 1837
Troy Turnpike & Rail Road
April
18, 1831
Troy & Utica.
Feb.
10, 1853
Troy & West Stockbridge
May
10, 1836
600,000
Tyrone & Geneva
May
16, 1837
500,000
Nothing done.
Ulster County
May
21,1836
500,000
Nothing done.
Unadilla & Scholarie.
May
9,1836
600,000
Nothing done.
Utica & Binghamton.
May
18, 1853
1.000.000 2,000,000
Utica aud Binghamton. Utica and Schenectady.
Nothing done. Consolidated with New York
Utica & Susquehanna.
April
25, 1832
1,000,000 1,000.000
Utica and Syracuse.
Utica & Waterville.
June
26, 1854
300.000
Warren County ..
April
17, 1832
250,000
Warsaw & LeRoy
May
5,1834
100,000
Warwick
May
13, 1837
100,000
Nothing done.
Washington County Central
Dec.
8,1853
200,000
Watertown & Cape Vincent
May
13, 1836
50,000
Watertown and Cape Vincent ....
Watervliet & Schenectady.
May
21, 1836
Westchester County.
Nov.
7, 1856
West Side.
Feb.
1854
Whitehall & Plattsburgh
Dec.
15, 1852
Whitehall & Rutland.
April
26, 1833
100,000
Whitehall and Platt-burgb. Whitehall and Rutland, Vt ...
William burgh. Brooklyn, } Bushwick & New Lots
June
29, 1853
Williamsburgh and New Lots ..
Surveyed, but not constructed. Not constructed by this company. Allowed to build Horse R. Road, for 21 years.
Nothing done. Nothing done. Notbing done by this company. Nothing done.
Name changed to Saratoga & Whitehall R. R.
Nothing done.
Nothing donc. Nothing done. Partly constructed but afterwards abandoned.
Nothing done.
Constructed, but since abandoned.
Changed from Skaneateles R. R. ( Sodus Point and Catskill & Partly graded; work stopped in Ithaca R. R.
1854.
Not construeted. Not constructed.
Opened in 1854. Name changed to Syracuse & Southern R. R. Successor of Syracuse & Bing- hamton R. R. Name changed to Syracuse, Binghamton & New York R. R.
Not constructed. ( Sold in 1852, and name changed to Corning & Blossburg R.11. Consolidated with Attica & Buffalo R. R. in 1850. Nothing done. Not constructed.
Trenton and Sackets Harbor. Troy and Bennington, Vt. Troy and Utica.
Nothing done. Nothing done.
Troy and West Stockbridge. [ Geneva and New York & } Erie R. R ..
Kingston and New York & Frie R. R ..
Mouth of Unadilla River and New York & Erie R. R.
Utica & Schenectady
April
29,1833
Central R. R. in 1853.
Utica & Syracuse Straight Line ..
Sept.
18, 1852
Utica and Waterville.
Glens Falls and Caldwell.
Warsaw and Le Roy. § Brauch of New York & Erie } near Chester. Pittstown and Greenwich
Surveyed and nothing further done. Surveyed and nothing further done. Nothing done. Nothing done.
West Troy and Schenectady Harbor River and New Rochelle .. Albany and Sufferns ..
Nothing done.
500.000 500.000 6,000,000 1,000,000
Utica and Susquehanna.
Not constructed. Nothing done. Nothing donc. Not constructed. Nothing done.
1841
500,000 100,000 2,500,000
From near Quarantine tol opposite Amboy
Syracuse and Stone quarries Syracuse and Binghamton.
Syracuse and Port Watson .. Saratoga Springs and Schuy- lerville .
CORPORATIONS.
CORPORATIONS were generally formed under special acts until the adoption of the Constitution of 1846, which directed that general laws should be passed for this purpose, and forbade special legis- lation, except for municipal purposes and in cases where the purpose to be attained could not other- wise be effected. The Legislature has power to alter and repeal the powers of any corporation formed under the general laws. The articles of association or declaration of intention must in all cases be filed in some office of record specified in the general acts; and limitations of time, capital, and location must be specified. The stockholders of the more important classes of corporations are personally liable to an extent equal to the amount of stock owned. Under the present Con- stitution, general acts of incorporation have been passed for a variety of purposes, all of which belong to one of 4 general classes.1
Class I. includes those whose articles are filed in the office of the Secretary of State.
1. " An Act to provide for the Incorporation of Companies to construct Plank Roads and Turnpikes."?
2. " An Act to authorize the formation of Companies for Mining, Mechanical, and Chemical Purposes" was passed Fcb. 8, 1848.3
3. " An Act to authorize the formation of Gas Light Companies" was passed Feb. 16, 1848.‘
1 Constitution, Art. VIII, Revised Statutes. Previous to 1846, having mostly been abandoned and divided into road districts general laws existed for the organization of religious societies, (1784;) colleges and academies, (1787;) public libraries, (1796;)
medical societies, (1-06;) manufacturing companies, (1811;) banks, (1838 :) and agricultural societies, (1819, 1841.)
2 Several hundred of these corporations were formed and several thousand miles of plank road built in 1848-52. It is probable that less than 5 per cent. of these are now in use, |
8 These companies, though quite numerous, were not required to report; and statistics concerning them cannot be obtained. Many companies that filed their articles never went into operation.
4 Gas Light Companies. A * indicates companies not iu operation.
NAMES OF COMPANIES.
Date of Organization.
Original Capital. Present Capital.
Albany Gas Light Consumers' Co .*
Feb.
18, 1856
៛75,000
$75,000
Albion Gas Light Co .*
March 13, 1856
20,000
20.000
Albion Gas Liglit Co.
May
13, 1858
30,000
30,000
Astoria Gas Co.
Dec.
1,153
20,000
20.000
Auburn Gas Light Co.
Jan.
29, 1850
20,000
50,000
Batavia Gas Light Co ...
June
11, 1855
32,000
32,000
Binghamton Gas Light Co ...
June
25, 1853
50,000
50,000
Brockport Gas Light Co ..
Jan.
17,1×59
Brooklyn Gas Co .*
(ct.
21, 1848
200,000
200,000
Brooklyn Consolidated Gas Light Co.
Oct.
24, 1856
500,000
500,000
Buffalo City Gas Light Co ...
March 12, 1853
150.000
150.000
Buffalo Gas Light Co.
Feb.
29, 1848
150.000
750.000
Canandaigua Gas Light Co.
Aug
3, 1853
50,000
50.000
Catskill Gas Light Co ...
Juły
13, 1855
40,000
40,000
Citizens' Gas Light Co ...
Oct.
26, 1858
1,000,000
1,000.000
Jan.
22, 1852
50,000
50,000
Colioes Gas Light Co.
Sept.
13, 1852
50.000
50.000
Elinira Gas Light Co.
May
8, 1852
50,000
50.000
Fishkill Gas Light Co ...
July
20, 1858
15,000
15.000
Flushing Gas Light Co ..
July
18, 1855
40,000
61.000
Fulton Gas Liglit Co.
June
12, 1858
12,000
12,000
Gas Light Co. of Syracuse
Feb.
9,1849
100,000
100.000
Geneva Gas Light C'o.
Nov.
24,1852
75,000
75,000
Glens Falls Gas Liglit Co ..
June
17, 1854
35,000
35,000
Green Point Gas Light Co.
Nov.
29,1853
100,000
40,000
Harlem Gas Light Co ...
Feb.
5,1855
120,000
350,000
Hempstead Gas Light Co ..
April 18, 1857
15,000
15,000
Hudson Gas Co ...
Feb.
23, 1853
50,000
50,000
Hudson Gas Light Co .*
May
22, 1852
50.000
50,000
Ithaca Gas Light Co ...
Oct.
28,1852
75.000
75,000
Jamaica (las Light Co ...
June
2,1856
30,000
20,000
Johnstown Gas Light Co.
March 16, 1857
18.000
18.000
Lansingburgh Gas Light Co.
Fob.
28, 1853
100.000
100.000
Lockport Gas Light Co.
March 17, 1851
17,000
40,000
Lyons Gas Light Co.
Jan.
25, 1859
Oct.
4. 1855
Oct.
28, 1852
200.000
200.000
Newburgh Gas Light Co ..
May
17, 1852
60.000
70.000
New York Mutual Saving Gas Light Co .*
Sept.
20. 1852
1,500.000
1,500,000
Ogdensburgh Gas Co.
Ang.
23. 1854
75.000
75.000
Ogdensburgh Gas Light Co ...
June
15.1553
100,000
100.000
Ogdensburgh Gas Light & Coke Co.
June
11. 1854
75.000
75.000
Oswego Gas Light Co
April 22, 1852
65.000
65,000
Owego Gas Light Co.
March 24, 1856
40,000
40.000
Hempstead Gas Light Co.
April
9,1859
Manhattan Gas Light Co.
2,000.000
Morrisania Gas Light Co ..
June
13. 1859
Citizens' Gas Light Co. of the City of Rochester.
Citizens' Independent Gas Co ..
as public highways. The companies were required to report, but generally neglected to do so; and few general statistics are preserved concerning them.
80
CORPORATIONS.
81
4. " An Act for the incorporation of Benevolent, Charitable, Scientific, and Mis- gionary Societies" was passed April 12, 1848.1
5. "An Act to provide for the incorporation and regulation of Telegraph Companies" was passed April 12, 1848, and amended June 24, 1853.2
6. " An Act for the incorporation of Building, Mutual Loan, and Accumulating Fund Associations" was passed April 10, 1851.8
7. " An Act to provide for the formation of Insurance Companies" was passed April 10, 1849.4
Gas Light Companies, continued.
NAMES OF COMPANIES.
Date of Organization.
Original Capital.
Present Capital.
Palmyra Gas Light Co ..
Oct.
29, 1856
12,500
12,500
Peekskill Gas Light Co ...
July
18, 1855
40,000
31,000
Plattaburgh Gas Light Co.
July
5, 1859
Ponghkeepsie Gas Liglit Co ....
Dec.
18, 1850
70,000
70,000
Richmond County Gas Light Co.
April 26, 1856
200,000
350,000
Rochester Gas Light Co.
May
12, 1848
100,000
200,000
Rome Gas Liglit Co ...
Dec.
28,1850
20,000
30,000
Rondout & Kingston Gas Light Co ...
May
27,1854
65,000
65,000
Saratoga Gas Liglit Co.
Aug.
4,1853
75,000
75.000
Schenectady Gas Light Co ...
June
19, 1849
50,000
70,000
Seneca Falls Gas Light Co .*
July
17, 1856
50,000
50,000
Seneca Falls & Waterloo Gas Light Co ..
Dec.
24, 1856
80,000
80,000
Sing Sing Gas Light Co ...
May
3, 1854
80,000
80,000
Sing Sing Gas Manufacturing Co ...
July
25, 1855
35,000
35,000
Staten Island Gas Light Co.
March 14, 1856
150,000
150,000
Syracuse Gas Light Co.
Nov. 30, 1848
100,000
100,000
Tarrytown and Irvington Union Gas Light Co.
March 4, 1859
30,000
30,000
Troy Gas Light Co.
April
6, 1848
100,000
200,000
Utica Gas Light Co.
Nov.
23, 1848
100,000
80,000
Waterford Gas Light Co ..
Oct.
4,1858
12,000
12,000
Watertown Gas Light Co.
Feb.
28, 1852
20,000
20,000
West Farins Gas Light Co ...
Nov.
18, 1852
200,000
200,000
West Troy Gas Liglit Co .....
Jan.
31, 1853
100,000
100,000
Williamsburgh Gas Light Co.
July
5, 1850
80,000
449,500
Yonkers Gas Liglit Co.
May
12, 1854
70,000
70,000
1 These companies are not required to report.
solidated. The N. Y. & Erie R. R. have a telegraph for regu- lating the trains upon that road. The N. Y. Central and some
" These companies make no report; and there is no official knowledge concerning those now existing. Several of those other roads have the exclusive or preferred use of telegraph wires along their route for like purposes.
Telegraph Companies. A * indicates companies not in operation.
NAME.
Date of Organization.
Capital.
NAME.
Date of Organization.
Capital.
Albany, Springfield & Boston Di- rect Telegraph Co ...
May
19, 1854
$ 35,000
New York & New England fel. Co .*.. April
26, 1849
42,300
American Telegraph Co .*
Dec.
12, 1855
200,000
New York & New England Tel. Co .....
July
3, 1852
30,000
Atlantic & Pacific Telegraph Co .*..
June
15, 1857
300,000
New York & Philadelphia Branch Telegraph Co ....
April 24, 1848
15,000
Baldwinsville Electro Magnetic Telegraph Co .*
Dec.
4,1852
400
New York & Sandy Hook Telegraph Co.
Aug.
13, 1852
25,000
Central & Southern Telegraphı Co .*
Nov.
13, 1854
11,250
New York & Washington Priutiug Telegraph Co ..
May
26, 1852
200,000
Eastern & Western Telegraph Co .*
May
30, 1855
20,000
New York & Western Union Tele- graph Co.
Dec.
22, 1852
10,000
Erie & Central Junction Tel Co ..
July
19, 1853
11,250
New York, St. Louis & New Orleans Junction Telegraph Co ..
Ang.
26, 1850
200,000
Telegraph Co ...
March 24, 1858
40,000
New York State Printing Telegraph Co .*
July
15, 1850
200,000
Merchants' Telegraph Co .*.
Sept. 23, 1852
40,000
New York State Telegraph Co .*.
May
15, 1850
25,000
New York, Albany & Buffalo Elec-
Otsego Telegraph Co.
Sept.
30, 1851
4,000
tro Magnetic Telegraph Co ..
May 31, 1848
Syracuse, Oswego & Ogdeusburgh Telegraph Co ..
Sept.
22, 1855
20,000
graph Co., incorp. by special act*
Jan.
25, 1856
250,000
Transatlantic Telegraph Co .*
May.
19,1857
100,000
New York & Canada House's Print-
Nov.
19, 1855
40.000
Transatlantic & Submarine Tele- graph Co ..
Jan.
18, 1858
100,000
New York & Mississippi Tel. Co .*..
April
8, 1851
360,000
Troy, Albany & Bostou Telegraphı Co .. July
25, 1857
50,000
Printing Telegraph Co .*
Feb.
21, 1854
170,000
Co ...
Aug.
2, 1852
6,400
Telegraph Co .*.
Sept.
15, 1853
€0,000
West Troy, Lansingburgh, Waterford & Coliocs Telegraph Co ..
July
14, 1855
3,000'
Jan.
25,1856
15,000
Erie & Central Junction Tel. Co .*.
April
24, 1852
11,250
Genesee Valley Turnpike Co ....
April
10, 1857
80,000
Long Island, Marine & Inland
New York, Albany & Buffalo Tele-
New York & Mississippi Valley
Utica & Oxford Magnetic Telegraph
New York & Montreal Printing
8 These associations were chiefly limited to the vicinity of New York. numbering 72 in New York co., about 40 in Kings co., with a few in Queens, Richmond, and Westchester. Their ope- rations consisted in raising money by subscription of the miem- bers, to be loaned to that member who would allow the highest premium,-the avowed intention heing to afford to people of hum- ble means the opportunity of securing for each a home. This absurd fallacy found multitudes of dupes; and in the competition for loans the premiums paid in some instances ran as high as one half of the amount lonned. The mode of appropriating loans varied. It appeared in evidence before the legislative committee of 1855 that in one instance it was as follows :- " The ; Insurance Companies. pp. & to 89.
names of all the shareholders who are not more than four weeks in arrear are put in the end of a quill, and all put into a bottle; the whole is then shaken, and the name which first comes out on reversing the bottle has the right to the appropriation." Nearly or quite all of these associations have been abandoned, a few only being kept together by the complexity of their inter- ests and obligations, which are not readily adjusted. A statement showing the operation of these associations was reported by a spe- cial legislative committee in 1856 .- Assem. Doc., 1856, No. 46, p. 16. 4 This act relates to Marine Insurance Companies which make no report. A list of them will be found in the general list of
New York & Montreal Telegraphi Co .* Oct.
23, 1852
$ 40,000
Buffalo, Corning & New York Telegraph Co ...
Aug. 23, 1858
The Consumers' Gas Light Co. of Saratoga Springs.
formed never weut iuto operation, and others bave been con-
ing Telegraph Co ..
6
82
NEW YORK STATE GAZETTEER.
8. " An Act for the Incorporation of Companies formed to Navigate the Ocean by Steamships" was passed April 12, 1852.1
9. " An Act to authorize the formation of Companies for Ferry Purposes" was passed April 9, 1853.2
10. " An Act for the Incorporation of Companies formed to Navigate the Waters of Lake George by Steamboats" was passed January 14, 1854.3
11. " An Act for the Incorporation of Companies formed to Navigate the Lakes and Rivers" was passed April 15, 1854. Cos. report annually to the State Engineer and Surveyor.4
1 Previons to 1852, Steamship Cos. were incorp. by special acts; since that time they have organized under the general act. Ocean Steam Navigation Companies.
NAMES OP COMPANIES.
Date of Or- ganization.
Capital.
NAMES OP COMPANIES.
Date of Or- ganization.
Capital.
Amazon Steamship Co ...
Dec. 26, 1853
$55,000
N. Y. & Ilavre Steamship Co ....
Jan. 13, 1855
$700,000
( Feb. 23, 1839. }
2,000,000
N. Y. & New Orleans Steamship Co.
Sept.
12, 1854
360,000
Amsterdam Steamship Co.
Jan.
6, 1854
300,000
N. Y. South American Steamboat Co
April
14, 1827
100,000
Atlantic Steamship Co.
May
26, 1855
686,000
N. Y. & Southern Steamship Co .....
Sept.
29, 1853
500,000
Cal., N.Y., & Europ. Steamship Co.
Oct.
1, 1858
500,000
N. Y. & Virginia Steamship Co ....
April
10, 1850
300,000
Cent. Amer. & Cal. Steamship Co ..
July
7,1852
400,000
Ocean Steam Navigation Co ..
May
8, 1846
1,000,000
Mexican Ocean Mail & Inland Co. Jan.
25,1853
1,500,000
Ocean Steam Packet Co.
May
6, 1839
1,000,000
N. Y., Balt. & Alex. Steamship Co ..
Oct.
27,1852
120,000
Ocean Steamship Co.
April
7, 1819
250,000
N. Y. & Boston Steamboat Co .....
April 19, 1828
150.000
Parker Vein Steamship Co ..
Dec.
26, 1853
N. Y. & California Steamship Co ...
March 15, 1853
1,500.000
Staten Island & N.J. Steam Nav. Co.
March 17, 1853
N. Y. & Galway Steamship Co ....
Sept.
6, 1853
1,000,000 100,000
U.S. & Cent. American Transit Co. U. S. & Liberia Steamship Co ...
March 13, 1854
N. Y. & llavana Steamship Co .....
Jan. 14, 1859
W. India & Venezuela Steamship Col
March 8, 1856
100,000 150,000
: The Ferry Companies are required to report annually to the Secretary of State; hut the reports are not published.
Ferry Companies formed under the General Act.
NAMES OF COMPANIES.
Date of Or- ganization.
Capital.
NAMES OP COMPANIES.
Date of Or- ganization.
Capital.
Brooklyn Ferry Co.
Feh. 26, 1855
$100.000
People's Ferry Co. (N. Y. to Wil- liamsburgh) ..
April 21, 1853
$300.000
! Fort Montgomery Ferry Co ....
April 19, 1853
500,000
Piermont & Dearman Ferry Co ...
Sept.
5, 1853
50.000
Flushing. Collego Point & N. Y. Stram Ferry Co.
June 29,1859
Jan.
21, 1854
12,000
Sidney & Unadilla Ferry Co ...
April 25, 1855
100
Long Island Ferry Co. (N. Y. & Brooklyn).
May
9,1859
Staten Island & N. Y. Ferry Co.
Oct.
26, 1853
900,000
Navy Yard Ferry Co.
June
20,1859
Union Ferry Co. of Brooklyn ...
Nov.
9,1854
800,000
8 The only Company formed under this act is the Lake George Steamboat Co., incorp. Jan. 20, 1854. It has a capital of $20,000.
+ Inland Steam Navigation Companies.
NAMES OF COMPANIES.
Date of Organization.
Capital.
NAMES OF COMPANIES.
Date of Organization.
Capital.
American Steamboat Co ..
Feh.
3,1858
$80,000
Lake Navigation Co ...
Fch. 20, 1856
500,000
American Transportation Co.ª
Jan.
11, 1855
540,000
New York Transportation Co ...
April 15, 1854
100.000
Archimedean Propeller Co ..
June
1, 1859
200,000
New York & Albany Propeller Line
Dec.
1, 1856
40.000
Black River Steamboat Co.
April
12, 1848
25,000
New York & Western Towing Co ...
Sept.
21, 1857
55.000
Black River Steamboat Co.
April
24, 1856
10,000
Niagara Falls Steamboat Assoc ...
Sept.
2, 1854
50.000
Blanchard Steamboat Co.
Feb.
25, 1856
25.000
Northern Transportation Co ....
Feb.
6, 1855
300.000
Buffalo & Toledo Transportation Co.
May
6, 1856
120.000
Northern Transportation Line ..
April
6, 1857
59.500
Catskill Steamboat Transport. Co ..
Ang.
15, 1954
20.000
North River Steamboat Co.d.
March 10, 1820
600.000
Cayuga Lake & Inlet Steamboat Co.
Feb.
25. 1828
50.000
Old Oswego Line ..
May
2,1856
300,000
Chautauqua Steamboat Co.
May
4, 1829
10,000
Oneida Lake & River Steamboat
April
2,1838
10,000
Dutchess & Orange Steamboat Co .. Essex Steam Navigation Co.
April
24, 1829
20,000
Ontario Steamboat Co.
May
12, 1859
100,000
Flushing Steamboat Co ..
April
21, 1829
15,000
Ontario & St. Lawrence Steam- boat Co.g
1848
Ilarlem & New York Nav. Co ...
Jan.
14, 1856
27.000
Orangetown Point Steamboat Co ..
April 16, 1830
10.000
Hudson River Steamboat Co ..
April
20, 1825
200,000
Poughkeepsie Steamboat Co.
March 30, 1827
50,000
Hudson River Steamboat Co.
Sept.
15, 1856
20,000
Seneca Lake Steamboat Co.
April
6, 1825
20,000
Lake Champlain Steamhoat Navi- gation Co ..
May
11, 1835
100.000
Susquehanna Steam Navigation Co.
May
11, 1835
50.000
Lake Erie Transportation Co.
Nov.
20, 1856
100.000
April
5, -
1,500.000
Lake Erie & Buffalo Steamboat Co.
March 23, 1859
50.000
Lake Ontario Steamboat Coc
.Ian.
28, 1831
100,000
a Capital reduced to $270,000 Jan. 15. 1859.
& Charter expired April 11, 1838. The first steamboat on Lake Champlain was in 1810.
· Merged in the Ontario & St. Lawrence Steamboat Co. in 1848.
Exclusive individual and corporate rights for steam naviga- tion upon the waters of this State have been granted under special acts, as follows :- An act was passed March 19, 1797, granting to Jolin Fitch the sole right of steam navigation in the waters of the State for a period of fourteen years. Having
& Charter expired April 11, 1838.
e Charter limited to 20 years. Reincorporated April 12. 1842. Merged in the Ontario & St. Lawrence Steamboat Co. in 1848. ø Merged in the American Steamboat Co. in 1858.
done nothing for ten years, this act was repealed in 1598. An act was passed March 27. 1798. granting to Robert R. Livingston the sole right of navigating by steam for twenty years, con- ditionel to building a boat of at least 20 tons, capable of moving four miles per hour against the current of Hudson River. This
1842
Lake Champlain Steamboat Co ....
March 12, 1813
200,000
Suffolk Steamboat Co.
March 25, 1829
8.000
Lake Erio Steamboat Co ....
March 10, 1820
114.000
Troy Steamboat Co.
March 31, 1825
80.000
United States Mail Steamship Co ... Western Transportation Co.
Dec.
8, 1855
800,000
Crooked Lake Steamboat Co ..
April
18, 1826
5.000
Co.e.
April
20, 1825
100,000
Ontario Steam & Canal Boat Cof ...
1842
Fulton Steamhoat Co.
April
18, 1815
250,000
Rhinebeck & Kingston Ferry Co ... Rosevelt & Bridge St. Ferry Co. (N. Y. to Brooklyn) ..
May
7,1853
8.000
Garrison & West Point Ferry Co.
April 26, 1853
250,000
Cal., N.Y., & Europ. Steamship Co.
Oct.
1,1859
North American Steam Nav. Co ....
May
1,1839
1,500,000
Esopus & Hyde Park Ferry Co ...
Nov. 7,
1854
3.000
N. Y. & Matanzas Steamship Co ....
Jan.
15, 1859
Amer. Atlantic Steam Nav. Co ....
& May 8, 1845
1,000,000 50,000
June 25, 1859
N. Y. Harhor Steam Freight Co ...
March 11, 1853
St. Lawrence Steamboat Co.
83
CORPORATIONS.
12. " An Act for the Incorporation of Associations for Improving the Breed of Horses" was passed April 15, 1854.1
13. " An Act to facilitate the formation of Agricultural and Horticultural Socie- ties" was passed June 8, 1853, and amended April 15, 1855.2
Class II. ineludes all those whose certificates are required to be filed in the Comptroller's office.
1. " An Act to provide for the Incorporation of Life and Health Insurance Com- panies, and in relation to Agencies of such Companies," was passed June 24, 1853.3
2. " An Act to provide for the Incorporation of Fire Insurance Companies" was passed June 25, 1853.4
1 The following companies have been forused under this act :-
NAMES.
Place.
When formed.
Fashion Association ...
Newtown ...
Nov.
26, 1855
National Association ..
Newtown ...
May
29,1854
Orange County Central Horse Co ..
Goshen ..
July
31, 1855
Union Association
Jamaica ....
July
31, 1858
2 For Table of Agricultural Societies, see pp. 102, 103.
privilege was extended two years, March 29, 1799, to enable Nicholas J. Rosevelt to complete experiments. By act passed in 1798, Robert R. Livingston and Robert Fulton secured the exclusive right of navigating by steam for a period of twenty years ; and by an act passed April 11, 1808, an extension of five years was granted for each new hoat-the whole time, however, not to exceed thirty years. This monopoly was contested in the State and Federal Courts, in a suit begun in 1819, and finally decided in the Supreme Court of the U. S. in Feb. 1824, as repugnant to the Constitution, which authorizes Congress to regulate commerce. So far as these acts prohibited vessels licensed by the laws of the United States from carrying on a coasting trade, they were void .- Johnson's Reports, IV, 148 ; Cowan's Reports, III, 713; Wheaton's Reports, IX, 1.
3 These companies report annually to the Comptroller. A list of them is given in the general list of Insurance Companies.
4 These companies were formerly created by special acts. -generally for periods of 20, 21, or 30 years. Until about 1834 they were almost invariably upon the joint stock principle. For many years this class of investments was considered extremely reliable, und large dividends were often paid to the stock- holders. The great fire in New York in Dec. 1835, proved a heavy disaster to almost all the Insurance companies then formed. and many of them were prostrated by it. This event soon led to the formation of Mutual Insurance Companies in almost every county in the State : most of these companies have since become insolvent. A graphic and truthful statement of the operations that ruined these companies is given in the Comp- troller's Report on Fire Insurance Cos. of 1854. A general law, passed April 10, 1849. provided for the incorporation of these companies, under which risks of every kind might be taken. The frauds perpetrated under this system rendered a revision indispensable; and in 1853 two general laws were enacted,-one for the formation of companies for insurance of life and health, and the other against loss by fire, or inland navigation. and transportation. The articles of association (under the law of 1849, required to he filed in the Secretary's office) were, by
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