HOUSE....No. 89. [Reported, in the Senate, by the Committee on Railways and Canals.] Commonwealth of Massachusetts. In the Year One Thousand Eight Hundred and FortyEight. AN ACT To increase the Capital Stock of the Stony Brook Railroad Corporation. BE it enacted by the Senate and House of Representatives, in General Court assembled, and by the authority of the same, as follows: 1 The Directors of the Stony Brook Railroad Corpo2 tion are hereby authorized and empowered to increase 3 their capital stock, to an amount, not exceeding one 4 hundred thousand dollars, by adding thereto, from time 5 to time, at their discretion, an additional number of 6 shares, not exceeding one thousand, of one hundred 7 dollars each. SENATE, March 18, 1848. Passed to be engrossed. Sent down for concurrence. CHAS. CALHOUN, Clerk. HOUSE.....No. 90. [Reported, in the Senate, by the Committee on Railways and Canals.] Commonwealth of Massachusetts. In the Year One Thousand Eight Hundred and Forty-Eight. RESOLVES Concerning the construction of a Railroad from Lake Michigan to the Pacific Coast. Resolved, That a railroad from Lake Michigan to the Pacific Coast is highly desirable, and, if practicable, should be constructed. Resolved, That it would be suitable and proper to appropriate to the object of constructing such a road, a part of the public lands along the line of its route, so that the sale and settlement of those lands may be connected with the construction of the road. Resolved, That this subject be respectfully commended to the attention of our senators and representatives in Congress. Passed to be engrossed. SENATE, March 18, 1848. Sent down for concurrence. CHAS. CALHOUN, Clerk. HOUSE.----No. 91. Commonwealth of Massachusetts. The undersigned, member of the Committee on Finance, to which was referred an order of the House, instructing the Committee to "consider the expediency of the gradual, but entire, disposal of the stock owned by the Commonwealth in the Western Railroad, provided it may be done for not less than the par value of said stock," ask leave to make a MINORITY REPORT. 14 The Commonwealth now owns eleven thousand seven hundred and sixty-four shares of the stock of the Western Railroad. Twenty-nine thousand one hundred dollars have been paid from the treasury for this stock; for the balance, one million one hundred and forty-seven thousand three hundred dollars, the Commonwealth is now indebted: viz., nine hundred and ninetyfive thousand dollars, in five per cent. scrip, payable in 1857, and one hundred and fifty-two thousand three hundred dollars, at six per cent. interest, payable at the pleasure of the Commonwealth. Of this last amount, one hundred and thirty-two thousand three hundred dollars was borrowed of the treasurer of the Western Railroad Corporation. Since the first payment, in |