Excerpt from Nineteenth Annual Report of the Board of Directors of the Pennsylvania Railroad Co. To the Stockholders: February 20, 1866 Resolved, That the Stockholders approve of the establishment by this Company, of a Line of Steamships between Philadelphia and Liverpool, in connection with the Pennsylvania Railroad, and refer the subject to the Board of Directors, to carry out the details in such manner as in their opinion will best promote the interests of this Company. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.