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Proceedings of the Annual Meeting of the Western Rail-Road Corporation: Held, by Adjournment, in the City of Boston, March 12, 1840, Including the Report of the Committee of Investigation Appointed by - Hardcover

 
9780266163909: Proceedings of the Annual Meeting of the Western Rail-Road Corporation: Held, by Adjournment, in the City of Boston, March 12, 1840, Including the Report of the Committee of Investigation Appointed by

Synopsis

Excerpt from Proceedings of the Annual Meeting of the Western Rail-Road Corporation: Held, by Adjournment, in the City of Boston, March 12, 1840, Including the Report of the Committee of Investigation Appointed by the Stockholders

It seems to your Committee, that it cannot be necessary to speak more particularly of the directors generally, but only of the president, treasurer, and general agent, who it has been averred have received too high salaries, which salaries, it should be distinctly understood, have been established by the board, consisting of nine members.

The president has had a salary of $1000 per year, and a grant of $1000 the last year, for extra duties required of him.

The treasurer's salary the first year was $2000, for the second and third years $1500 each, he paying all his ex penses the fourth year, in consequence of the great ih crease of labor arising from the negotiation of foreign ex change, and the management of the sinking fund, he has received a salary of $1200; pay for clerk hire, $1100; office rent, $250; and as commissioner of sinking fund, $250; making a total of $2800.

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  • PublisherForgotten Books
  • Publication date2018
  • ISBN 10 0266163904
  • ISBN 13 9780266163909
  • BindingHardcover
  • Number of pages62

Other Popular Editions of the Same Title

9781330524091: Proceedings of the Annual Meeting of the Western Rail-Road Corporation: Held, by Adjournment, in the City of Boston, March 12, 1840, Including the ... by the Stockholders (Classic Reprint)

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ISBN 10:  1330524098 ISBN 13:  9781330524091
Publisher: Forgotten Books, 2018
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