Forty-Fifth Annual Report of the Board of Managers of the Monongahela Navigation Co; To the Stockholders, with Accompanying Documents: Presented January 8, 1885 (Classic Reprint)

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9781333511029: Forty-Fifth Annual Report of the Board of Managers of the Monongahela Navigation Co; To the Stockholders, with Accompanying Documents: Presented January 8, 1885 (Classic Reprint)

Excerpt from Forty-Fifth Annual Report of the Board of Managers of the Monongahela Navigation Co; To the Stockholders, With Accompanying Documents: Presented January 8, 1885
It is under the provisions of this Act that the company are now declaring dividends of capital stock to the stockholders. It will be noticed that the new stock thus issued represents money actually expended in the improvement, and is not in any sense what is commonly known as watered stock, and the result of its issue is gradually to approximate the amount of capital stock to the cost of construction.
In the month of May, 1858, the works of the company withstood the test of the greatest freshet that had occurred for several years, all the locks being entirely submerged, without any apparently serious damage: but during the ensuing year it became evident that the foundation of the fifth dam was impaired, and though immediate measures were taken to save it, a part of the dam and the crib outside of the lock were swept away, re quiring an expenditure of about to repair the damage. Again in the winter of 1866 - 7 an immense ice gorge formed in the river, which, when the break-up came, swept over the dams with crushing force, doing so much injury as to swell the amount expended in repairs during the years 1867 and 1868 to nearly one hundred thousand dollars.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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Monongahela Navigation Company
Published by Forgotten Books, United States (2016)
ISBN 10: 1333511027 ISBN 13: 9781333511029
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Book Description Forgotten Books, United States, 2016. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****. Excerpt from Forty-Fifth Annual Report of the Board of Managers of the Monongahela Navigation Co; To the Stockholders, With Accompanying Documents: Presented January 8, 1885 It is under the provisions of this Act that the company are now declaring dividends of capital stock to the stockholders. It will be noticed that the new stock thus issued represents money actually expended in the improvement, and is not in any sense what is commonly known as watered stock, and the result of its issue is gradually to approximate the amount of capital stock to the cost of construction. In the month of May, 1858, the works of the company withstood the test of the greatest freshet that had occurred for several years, all the locks being entirely submerged, without any apparently serious damage: but during the ensuing year it became evident that the foundation of the fifth dam was impaired, and though immediate measures were taken to save it, a part of the dam and the crib outside of the lock were swept away, re quiring an expenditure of about to repair the damage. Again in the winter of 1866 - 7 an immense ice gorge formed in the river, which, when the break-up came, swept over the dams with crushing force, doing so much injury as to swell the amount expended in repairs during the years 1867 and 1868 to nearly one hundred thousand dollars. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Bookseller Inventory # APC9781333511029

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Monongahela Navigation Company
Published by Forgotten Books, United States (2016)
ISBN 10: 1333511027 ISBN 13: 9781333511029
New Paperback Quantity Available: 10
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Book Description Forgotten Books, United States, 2016. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****.Excerpt from Forty-Fifth Annual Report of the Board of Managers of the Monongahela Navigation Co; To the Stockholders, With Accompanying Documents: Presented January 8, 1885 It is under the provisions of this Act that the company are now declaring dividends of capital stock to the stockholders. It will be noticed that the new stock thus issued represents money actually expended in the improvement, and is not in any sense what is commonly known as watered stock, and the result of its issue is gradually to approximate the amount of capital stock to the cost of construction. In the month of May, 1858, the works of the company withstood the test of the greatest freshet that had occurred for several years, all the locks being entirely submerged, without any apparently serious damage: but during the ensuing year it became evident that the foundation of the fifth dam was impaired, and though immediate measures were taken to save it, a part of the dam and the crib outside of the lock were swept away, re quiring an expenditure of about to repair the damage. Again in the winter of 1866 - 7 an immense ice gorge formed in the river, which, when the break-up came, swept over the dams with crushing force, doing so much injury as to swell the amount expended in repairs during the years 1867 and 1868 to nearly one hundred thousand dollars. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Bookseller Inventory # APC9781333511029

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Monongahela Navigation Company
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Book Description Forgotten Books, 2016. Book Condition: New. This item is printed on demand for shipment within 3 working days. Bookseller Inventory # LP9781333511029

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Monongahela Navigation Company
Published by Forgotten Books, United States (2016)
ISBN 10: 1333511027 ISBN 13: 9781333511029
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Book Description Forgotten Books, United States, 2016. Paperback. Book Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Excerpt from Forty-Fifth Annual Report of the Board of Managers of the Monongahela Navigation Co; To the Stockholders, With Accompanying Documents: Presented January 8, 1885 It is under the provisions of this Act that the company are now declaring dividends of capital stock to the stockholders. It will be noticed that the new stock thus issued represents money actually expended in the improvement, and is not in any sense what is commonly known as watered stock, and the result of its issue is gradually to approximate the amount of capital stock to the cost of construction. In the month of May, 1858, the works of the company withstood the test of the greatest freshet that had occurred for several years, all the locks being entirely submerged, without any apparently serious damage: but during the ensuing year it became evident that the foundation of the fifth dam was impaired, and though immediate measures were taken to save it, a part of the dam and the crib outside of the lock were swept away, re quiring an expenditure of about to repair the damage. Again in the winter of 1866 - 7 an immense ice gorge formed in the river, which, when the break-up came, swept over the dams with crushing force, doing so much injury as to swell the amount expended in repairs during the years 1867 and 1868 to nearly one hundred thousand dollars. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. Bookseller Inventory # LIE9781333511029

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