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.'*

by the New York Central and Hudson River Railroad Company, at eight per cent, in stock and interest on the bonded debt. The amount of stock is $9,450,000 ; funded debt, .$10,(518.069; floating debt, $700,000-- total, $20,708,009. The road now extends to Chatham, from whence it reaches Albany over the tracks of the Boston and Albany road.

The New York Central and Hudson River Railroad, which, before 1870, was the New York and Hudson River Railroad, passes along the western shore of the county through the towns of King's Bridge (now in the city of New York), Yonkers, Greenburgh, Mt. Pleasant, Ossining and Cortlandt -- a distance of about thirty miles. The charter was obtained from the Legislature in May, 1846, but although the importance of the construction of the road was urged in the newspapers of the day,'^ the work was not actually commenced until the middle of the succeeding year. Meanwhile the company had appointed as chief engineer, Mr. John B. Jervis, a gentleman of large experience, and who proved throughout admirably fitted for the arduous duties that fell on him. The company at this time, it seems, complained that they were not met in a fair and equitable spirit by the owners of the land through which the road would pass, " who would derive," it was said, " far greater benefit than the company itself could expect." In the summer of 1847 the route which Mr.