New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-27

meeting of the stockhol Of the Parker Vein
TO- In 10 be held in the chapel Of the University on
Tuesday evening at II o'clock. full report OF the
affairs Of the Company will be made.
Nessrs. VIM & John o Brien redeem the notes Of
the Wooster Conn Bank at y cent. discount
The Sheriff OF Lebanon County Pa advertAoS for
sale the entire possessions Of the Dauphin an Su
suehsDns Coal Company, consisting Of 4l,7e6 acres
focal land t0gsther with the mines machinery, &C..
~nd also all the Dsuphn and Susquehanns Railroad.
The sale is to take place at the office of the Company
II Cold Spring, in Lebanon County, on Friday Dec.
O. The sale, we believe is made under foreclosure Of
he second mortgage bonds subject to the first mort
gage. The stock is probably total lose.
very important decision was made in the Supe-
nor Court to-day by Judge Hoffman, in the case Of
keichum, Rogers g. Bement VS.. the Bank of Com
hsree. The Court decided, in effect, that the New
Haven Railroad Co. are responsible for the stock
sysrissued by Schuyler; that the fraudulent stock
was jutt as valuable as the genuine stock.
This action was brought 10 resover from the de-
kRdsnts the sum Of $4,000, with interest, paid by
the plaintiffs upon transfer Of $40 shares Of stock Of
the Hsw.York and New-Haven Railroad Company.
1hs stock had been pledged to the Bank Of Con-
nsrse by the firm Of Il. 4 @. L. Schuyler. Various
grounds for the demand set up in the complaint;
Bat the main question depends upon the alleged le-
Hahy and vaueess character Of the stock as having
been frsudulently and falsely issued. We merely
eivea general outline Of the case as the facts and
material details infinitely stated in the opinion of
he Jaoge, which is very elaborate and will be ready
Sor publication in few days.
The deshion is as follows:
HoFFEAs, Justise.-Abstract of Opinion-The
course adopted in sddueing the evidence, and the
gumenis Of counsel in this cause, have led TO the
eontideraflon OF the validity Of the stock Of the
Nev-fork and New Haven Railroad Company issued
by the late transfer agent, 10 an amount exceeding
one million seven hundred thousand dollars. / am
row satisfied that cannot be decide without passing
opon that question i approach il with anxiety and
dis'rusf The Interests involved Of startling mag
nHuae, snd the questions grave and novel An OBJ
scufe and untrodoen heG is before me- and there are
no lights kindled by the wsdom and labors of former
Jacees 10 mark out the path. Such considerations
urge me 70 Protracted and deliberate examination;
but shall fulfill higher duty 70 the community by
prompt decision, which will soeed the cause upon
sts way for the matured determu,ton,of the General
Term of this Court. i shal consder the case updar
fhe following heads:
FIRST The position and rights Of tse nsrties crov
ng ont OF the preseDtment and refuse, OF the check
Of $40 600, and the ground assumed by the Bank Of
Commerce for such refusal.
Seeoad! The facts attending the POSSESSION and
transfer OF the securities held by the bank TO the
plain ts, and the nature and evidence of the anna.
snt nue TO The $40 shares OF stock made over 10 |
hem.
TAird The ground Of the proposition Of the de-
sresnfe that IN point OF fac. the transfer made 70 the
ialntins did cover and represent undoubtful stock
FosrH whether The action TO recover bsck the
nee Gao 70 maintained npon tie assumption tfsl he