MISCELLANEOUS.
The board of directors of the New York and New Jersey Bridge Company, one chartered by the State of New York and one by New Jersey, met October 15 in New York city and agreed to consolidate the two companies for mutual benefit. In order to raise the money for bridging the Hudson from New York city to New Jersey, the companies agreed to issue stock to the amount of $15,000,000 at par, and to issue coupon bonds, secured by a first mortgage, covering all the property, franchises, rights and privileges of the two corporations. The total amount of bonds agreed to be issued is $60,000,000.
Many flattering accounts of competitive tests of the Perfection holders and noaales, with victories that this new plan have won in long distance plays, have been received by the manufacturers, Samuel Eastman & Co., of East Concord, N. II.
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