New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-02-18

Total Is. lO5 O6 73,6ls II
The Baltimore Patriot, of Friday, says the Court
OF Appeals yesterday decided the important case OF the
State VS.. w E. Mayhem, President OF tie Farmers and
anters Bank reversing the decision of the Court be-
low and ordering procedendo. This case involved the
question whether the Legislature has power to require
the Presidents of the several incorporated Banks in that
State 10 withhold from the divdends of the Stockhold
ers the tax imposed by the State their respective
stock The decision Of the Court is in favor Of such
power and that it rghtfuly exercised the law re-
curing the Presidents of the Banks to do so.
A meeting was held al Greenbush on the 10th
inst in reference TO the proposed road between New
York and Albany. After several gentlemen had ad
dressed the meeting resolutions were passed approving
the measure and showing that the interests OF New
York City and State demand some more direct speedy
and safe communication between the two above men
toned places than the long unsafe and tedious routes OF
either the Housatonic Harlem Extension, the two
Eastern routes Of Railroad The meeting recommended
that the road should be direct distinct from any other
We have been presented with copy OF the re-
r,onstrance OF the Syracuse and Utica Railroad Com
pnny tie reduction of the fare their road by
the Legislature and also against the appointment OF
commissioner regulate their arrangements ne con-
pany base their remonsrapce against reduction OF toer
tarc on the ground OF implied contract by the stare
with stockholders in the act of incorporation 70 al
of which assurance the stockholders were induced 10
their capital in the road to the great advantage OF
the people OF the State In support OF TINS we" ,n-
cited where the Legislature has increased the
rates allowed be charged, when IL was found that capl
,ass would undertake the construction OF the road
at lower rates.
shou Ia avail itself OF the provision take the road
paying the and ten per cent annual interest deduct
ing dividends or that the fares should be reduced 10
any extent il the State will guarantee them ten per cent
on their investment to which they claim that they are
entitled
They estimate reduction Of the fare from 50 81 IS
will occasion dimuutiou their present travel of
GEO. and that all the present packet boat passengers
il they could got them would bring them less than
$50 600 making annual loss OF $4,000.
The Railroad be rebuil; and the capital to
do il cannot he commanded if the reduction is made
They say rs 10 the appointment of Railroad Com.
missioner that their officers most capable OF
making the most satisfactory arrangements from their
experience. and that il would lead 10 conflict
The company claim to have discharged their duties to
the public faithfully. iouca oaZeue'
Misunderstanding Reported for The Tribune
TUESDAY, Feb. II.
ASHES-There have been farther sales today Of $50
bbls old and new Pots al ) sfU4 ana as many more
Pearls at a5-the old prices.
COTTON-The sales to-day have been about Geo
bsles the greater portion of which has been taken by
SINNERS Prices are without change Freights 10 Lv
erpool are again very dull at Id There nave been no
purchasers for that market for several days
FL DIR AND MEAL-The Flour market continues
Decreased and prices rather easier for the buyer
SEQ bbs mixed Michigan sold at 50, and Orleans ut
- Geuesec may be quoted 56s 40 OF, and Nlchi'
sn and Ohio 5OG5 SGT; We believe there is no Troy
in market An Southern sorts are very dull and com
mon kinds when sold from the wharf or pressed on the
market 20 OIL at low small lot OF howard.st
broupht : lol Georgetown may be quoted 5it 90 o.
Rye Flour co. Corn Meal in bbls 3 1904, and bids
81 30. cash
GRAIN-In Wheat. Rye and Barley there is nothing
doing Jersey and Southern Oats are worth about ~
u l,1 stnrry a
days prices without farther transactions.
WHISKY is dull a, - e22t cts for drudge casks and
bbs, with very small sales.
HAY-1here is nothing doing, there being no demand
for export
wHALEBoNE-Sms sales only are making for home
use 40 cts. cash.
+ PRovlSIoNS-An kinds are very dull and we have
rot beard Of transaction to-day in any description