New-York daily tribune., 1854-04-27

ou,ss cS,s siIo,;d Ii.i. ssie
FTeish. Of vessels arrived
The San Francitco Mint to commence operations on
the Sd inst
T.kgrsph dispatches from New Orleans quote sight Er
change on New York at PER cen, premium which Is suf
6cisnt to move gold large sight bill on New Orleans
Was sold in the stree. today at per cent discount
The 81 LOn, RepuJhe0n publishes the annexed extract
from the opr)n OF the Supreme Court Of Illinois deliver
ed BY Chief Justice 1rea, in tse Brough Railroad cse
1t becomes necessary to determine whether the de-
fepdan had authority construct the road In question by
virtue OF the provisions Of the act to provide for general
system Of railroad interpretations Even it possessed
no zach authority under tina, law ample power has been
given by subsequent legislation The set recognizing
and authorizing the construction of the Mississippi and
Atlantic Rahoad approved the 23d Of February 1854.
not only declares the defendant 10 b. valid and subss
ing corporation but expressly invests IL With power to
eonruc. the road This act removes all difficulty In the
II the Company had not right originally to construct
the road the Legislature has expressly conferred H. IL
there were defects in s organization they are clearly
cured by this Ii this Company has forfeited ts fran
cbses the State has wovsd the forfeiture This Court
has no power declare forfeiture for any existing
ror 10 the passage Of this act the State alone may in
ssr upon waive forfeiture 1t Is msnfesy the duty
of the Court affirm the judgment entered below. and
thus leave the Company to prosecute the enterprise to
completion. The Judgment must be affirmed"
difpsich from Harrisburg states that the bill for rail
road from Erie TO the Ohio State Line has passed the Sen
ate Tie bill provides that the company shall mako
subscription to the Sudbury and Erie Read probably Of
s25O OoO The bill 10 ubdentood W be sassctsfy 70 the
Cleveland Painsvire and Ashtabula interest
correspondent Of The North Americsn Phil gives
some information in regard to the progress Of the Williams
port and ElmT& and Ca'awisa, Williamspot and Erie
Railroads Both these roads be states viii bs opened
the let July next when with the completion Of the Sunbuy
and Erie Road from Milton to wilismspor IS miles to
lie finished ths lime and operated by the Csswssa
Company lie railroad communication between Philsdsl
Idia and Lake Erie viii be established These roads win
be OF yery great importance that city by bringing into
raoad communication with wssern New York and to the
counties Of schuyk1, CDumbis Lycomng and Bradford
ss sn outs. f,r that wealthy and popuous region The
Catswspa Road including the portion Of he Sunbury and
Ere Railroad which has leased extend from rspsqus
to WI amspor distance Of eighty nine miles its own
tortop Of which cay sixty our miles will be constructed
at cos. Of $4,000 900 and that the wIliamspor and
Elmrs Road which connects the two towns from which
the company derives ifs name ia seventy i've miles long,
and will cost finished, about 100000. He adds;
ASA means Of travel between the North and the
South Il is believed that no exstng projected line can
compete with this and il IL well for the pable ID know
that contracts have been made with New ork companies
which will give every dispatch and facility 10 the trans
mission Of both pas eDger and fregh's between this city
and the FALL OF Sisgsra from the day the line s pat in
o,eratioD Buffalo wil thus be brought into immediate
railroad communication with Philadelphia and, At that
point claim her fhsre Of tie pessenge snd freight that
may reach there from the west Such Of citizens,
then who may desre to make Fourth Of July excursion
Niagara hereby informed that they may breakfast
here and cup early hour within sight Of the grsss
cataract, next glorious national annverssry Inc
permanent arrangement for this travel may be subssn
tally az follows Leave here In the Reading ssss o
AN reach Catawissa at II, Wnlsmspor o. r, =, ~ FL
mira at 4, Cansndaigus at 81, and the es - W
evenipg-tLe whole distance being f3s miles snon0
distance than that from NewY York 70 the Fais oy ~
existing route.
The Boston Post says
81 ,s,.,d ,ba Cochtuats Bank there continue TO %
widely different opiuions Blu. careful weighing o. {.
the evidence that ve gather ndicsss' Ina M. -. % ~
worst the assets win be safc'en. psy s'
e. acpe think that the oss to the sockhoasrs
49, A.-y '-.ycsssJ ssJro 60 y cent Of their capital