Wetmorc, Edward Haight, Peter Lorillard, William H. Leonard, John E. Burrill, Nathaniel P. Bailey, Augustus A. Cammann and others, of whom Gouverneur Morris was for a while Vice-President, and Mr. Wetmore and Mr. Edmonds for short periods Presidents of the road. The following engineers are remembered in connection with its construction and improvement: James J. Shipman, Mr. Shotwell, Mr. Morgan, Allan Campbell, James B. Sargent and J. C. Buckhout. The present incumbent is F. S. Curtis.'

The original capital of the company was but $350,- 000, which, in 1832, was increased to $500,000, with a stipulation that the road should be completed to the Harlem River in 1835. Although this was not done, the Legislature, in the latter year, authorized the company to increase the capital to $750,000, to borrow $400,000, and in 1839 to convert the bonds into stock. When the extension through Westchester County was begun, the^capital had been swollen to $1,950,000, and still another increase of $1,000,000 was needed to carry the road through the county. When the line was completed to Chatham Four Corners, in 1852, it had cost $7,948,118, and its liabilities were over $11,000,000. In 1872 the company leased the New York and Mahopac Railroad from Golden's Bridge to Lake Mahopac, and on April 1st of that year was itself leased for four hundred and one years

'Tlic fullowing toast waa Rivuu at a celebration of ouo of the early develupiiieuts of the i-oiul. "The Locomotive, the ouly good motive folding a iiiaii niton a ntil.'*