New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-06-19
At meeting cfthe stockholders of the Michigan South
e,n and Northern Indiana Railroad held in Adrian Mich

4
Atamectinr ofthe stockholders Of the Michigan South.
e,n and Northern Indiana Railroad held in Adrian Mich
on the 18th inst the following named gentlemen were
chosen Directors for the ensuing year: John b. Jervs
Edwin C. Litch6eld VIM. Savage, John Stryker, Hugh
White Chas Butler James Archibald Elisha c. Litch-
field and john s. Barry.
Tie city councils Of baltimore have adopted resolution
inviting proposals for the purchase Of 29s2 shares Of the
stock Of tie Baltimore and Ohio Railroad Company-being
tie dividend shares held by the corporation the terms
of sale be follows: No bid to be received less
rate than per share be paid for foows $40 on
each share the day after the awards $40 10th Jay
$40 on the 10th of August sO the st of September
and The remainder the 25h of September the shares TO
be delivered whenever full payment shall be made the
option of the purchaser at any time previous to the dates
above specified The proceeds be devoted to the pay
ment Of the interest the internal improvement debt of
the city, Ii there should be sale of the stock the Fund
Commissioners authorized borrow the money ncces-
sary therefor, the city credit and to hypohecae the
stock therefor
TIE Cumberland Telegraph gives the following account
Of the operations Of the old and Board of Directors of
the Parker Vein Coal Company at that place during the
recen, 6ection
1.-THE old Board appeared backed by counsel to con-
tes The legality of the election basng their objection upon
he ground that sufficient notice had not been given and
iLai the transfer books had been enjoned, there
evidence before the Board showing who stock
holders who were entitled to vote An animated dis
cuson took place between the counsel employed by the
respective parties upon this question. Finally the chair
app ontcd COMMITTEE of seven including three named
by the old Board Who after hearing counsel decided that
due notice had been given, and that the certificates Of
stock sufficient evidence with the proxies Of the
night of parties holding them to vote. An election then
took place, and the following Board elected:
President-Andrsw Clark, Esq- Board Of Direcigs-
Nessrs. Thomas H. Eaile, David Stewart John z. How
aid M. y. Brain,nsll, William ID. Cromwell Evan Ste-
v,lson, A. b. Marks and Henry Keeny AIR the eiec-
ton arpotred that shares Of stock and above
the s0oO0 authorized to be issued by the charter had
been voted. IL is supposed that the fraudulent issue
about 81 200 900. On Monday night the old
Board fearing that they would be headed off, executed
deed OF assignment, transferring all the property Of the
Company real and PERSONAL to j. =. Roman and Charles
5. Dmlow, Esqs.. to be sold for the benefit OF The
creditors Of The Companyi, and Mr.. o. T.. Jewett,
The NicePresident, issued out simultaneously az ~
taehmeEt for FIVE hundred thousand dollars. 1t ives
generally supposed THAT the Toen property had
added great value to the possessions of the Company; but
is vested only in the Company, but in H. Mali the
President who made il convenient to leave suddenly for
Europe as soon discovered that an over hid
been made. The old board having refused to deliver the
books OF the Company the reform Board the ofc Of the
Company this place was forciby broken open on Tues
cay by the Sheriff in execution of process Of the Court
end the books and papers taken possession Of 1t h ru
mcred at Cumberland that is the intention Of the as
sgreee to lease ont the mine" tAt
TIE Cincinnati Gatette says that the work upon the
Cincinnati, Lebanon Xenia Railroad which has been
suspended fer time of the inability OF the
contractors to perform their obligations has been eet to
A. DE Graf l. Co., to make the road from Sharon N
Hamilton County, TO xenis, to furnish the iron and hay it
down. and have the road ready for the cars by the list Of
jan, 1855. This road viii connect at xeria with the
Xenia, Delaware and Cleveland RAiroad which il ask
under contract, between Xenia and Delaware
The following very interesting notice to holders II the
Illinois bonds scrip and ntevsst certificates taken from
Tie Chicago Democrat, win fully explain itself q "a
The Board of Trustees of the Illinois and MicAfs
Canal have by resolution dated My Is 1854 ordered
dividend to be paid on the let Of Juynek ne Arrears
OF interest due Illinois bonds, scrip and ntersst d1<1
Gates registered by the subscribers to the ban Of aI10
600 under the provisions of the laws Of Inc Of is< and
tie portion Of the unpaid coupon Of JuIy is4a ser IL
payment be made by the State said let July n On
that coupon. Also the two coupons of 1894 voef fa&s
bond OF o. ooo and payment of interest the Registered
scrip viii be raid to lst July, 1876; the registered ksrss
certificates viii be paid il the proportion Psymest viii
American Exchange Bank, New-York, and tie bouik,
scrip and interest certificates well the coup ons must
be exhibited a, the time Of payment e~
The following list of Banks organized IN Indiana
since April rs
Wabash River Bank, at MELVILLE Nominal capital, /
$500 O0o owned by William H. Jones and John Hough il.
Bank Of Fort Wayne, at Fort Wayne. Nominal capi.
tai 4oeo owned BY Goodiel Buckingham aud Ssmasl
Green County Bank, at Bloomfield. Nominal capital, /
sc5o 600; owned by Charles NJ. Wheelock.
mai e.pis H Swnsd By e. kSSse
Bank OF Salem, at Salem, Ekhart Co. Nominal capi-
al, ssco coo; owned by Thomas g. Harris, ssnad Cd
Bank Of PerrysviiIe, at Penysville, vsrn,iIGos Co
Nominal capital, 100000; owned by WIN. J. AIca end
Moth. Western Bank. at Bloomyile, Green Co. Nomi-
"a, capital 100000; owned by Samuel Msrfeld and 4
Bank Of Syracuse, at Syracuse Kosciusko Co. Noni.a
apita t2so,ooo; owned by j. II. Defrees and Others.
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usrkefs CArrrrrtv Rrpoerrp ron Tur Trrsuwx n