On the 17th of April, 1832, another company was incorporated, the New7 York and Albany, whose line was to start at a point on Manhattan Island where the present Fourth Avenue terminates, cross the Harlem River, and proceed through the center of Westchester County. (At that period the Hudson River route was not seriously thought of,1 and indeed it was not chartered until 1846.) Owing to the great physical difficulties which had to be overcome in building the road on Manhattan Island, and the consequent heavy expenditures, the New7 York and Harlem line was not completed by the specified year (1835); 2 nevertheless, the legislature authorized further increases of capital. Meantime the New York and Albany Company found itself unable to carry out the provisions of its charter, and in 1838 surrendered its rights in AVestchester County to the New York and Harlem Company, which assumed the construction of the bridge across the river and the building of the road as far as a point on the southern boundary of Putnam County. If was not, however, until May, 1840, that the compact between the two companies was approved by the legislature. By that time "the capital had been swollen to $1,1)50,000, and stili another increase of 81,000,000 was needed to carry the road through the county." The railway was constructed and in operation to Fordham by October, 1841, but had not been extended to White Plains until late in 1844, and it was not until June, 1847, that it was opened through to Croton Falls. Thus from the time when the first charter for a railroad to traverse Westchester County was granted, until the complete realization of the project, a period of fifteen years elapsed. The cost of construction 1 In 1842 a committee investigated a proposed railway route along the east shore of the Hudson River, and brought in a strongly adverse report.