New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-04-03
- r,.B,c.x,<, e.so;nunieasion from three attorneys
~ - ;.ae.ad 10 Hon Robert Smith etpres-'ni

cfS directed
tIa 9riTion thaf tie pifss.ippi End A,ianIic -
Company wa not legally or aAizeu $40 u'" yI The
he legislature recogntY - INV ,iroe e,onlev6s Of T
-, 90 re road IN question in tns CON
-, . erth are fret that the articles o. =, ,
fled by me , ,BJusand dolsrs per msfor the 90
90 ,td ,osd were subscribed and ten per esnt pa1
thereon before The organization S.h insse Iec ~
"a ar 80 VT the sT;soes. AID tls is 81 me ID" Ie
o. -. 49, ,,,,Le, of rersons nos less
T. - I~,g s..5g<r;sers 20 the 3tock % c,y
-. ,.,i rsilrosd" 10 form coFTora-2n Tor !, r.
,nrnose Of constructing the same Inc -, - No.
ss,atu,o clearly shows that all the siocHn'u -,
- N forrn the corporation bat my htFyy.t ~
SsI,(rIcys have the right 10 eject tbe $50 @
he ,cd tnbgerJ', who IN the pelnins "a ,.ar1n,
Ton M The COMPANY 10 elect Direc,crs anu
osnbsrrite articles Of sssooison are me not less a
t-ep,y Ave before alluded 20. i would be ABSURD g
ueIl as mrraccable 10 require the more ulan hih| h
49, hsca ers "a stock IN this road 70 come t0Piher
participate the preliminary oEgaia'loh OF me Loha
ny and severaly to sign articles OF -s-0clas nero @
law hes wisely authorized 20 be done b sny tfShy AZ
Of the number and has required IN affidavit OF three -
recors to show the fact that the requisite amount OF stck
has been subscribed, end ten er cent Pali thereon
Again il is said the act Of the Legislature reco9h zihg
The xrterce Of .he Miss; .ip2i AKA Atlantic RllcoAl
Company is inv aid because the subject Of that harosd
Con- pany was not embraced in the proclamation 81 the
GoytrpGr r,eninc the Legislature The Proclamation
declares the object Of the call 10 be- 80 far a. rs luesen
if concerned to pas laws Lee3gnnlnR g
tLe Missi sippi and Atlantic Company h~1 legal exist
epce thre could be question OF 10 coming directly
within tne proclamation and even its erganLa w.
mot fjy egsJ it still within the proclamation II
was A CORPORATION an fac, all know was, II u as n lch
embraced by the proclamation as Il bsaay So me "
err or probably had .st such cGse III mind when ne
wrote The PROCLAMATION lie certainly did not mean 70
cnu the Legislature together 10 DO 80 idle hrg ~ to
mass laws "recogri ing the ezisence Of corporaiona
rb;cb already had legal existence Ii 20 give
valid existence t. detective corpCraton and not 10 per
feet ones that tie Legislature was convened bu' III Is
useless to argue tIs question. Every intelligent man IN
! ba Iag
the Mississippi and Atlantic RAILROAD Company. lae
G0vernor knew OF as zach ana MS "a m m e
brsces perfectly a. II &c had feieIfeu ~ " " ~ NAL!
II Is snusingt to see with what gu;o Tie Alfon Courier
nbbes the opinion Of these feed attorneys Is II was
of aDv INN, rance further than 10 hslp the friends OF
Stale policy" 10 die easy All the arguments no6 used
against the Brough road repeated ever and over
eoain In both branches of the Legislature by the renfs
Of State policy before the passage OF the law; and not
withdrawing the law passed by Legislature under
Standing all the facts by vote of more than two TO one
MIR Coz in the senate before the passage of the ot
most t-:umphany met and reiued every position no
assumed by the attorneys Of 81 state policy.
The IateAigencsr in publishing tine communication al
verso TO the trough charter expresses ts that il
il signed by tire Of tie attest J"Ttsts 81 Wt@2N
What hypocrisy coming from paper that before tas
peesage Of the charter was engaged IN Publishing articles
hostile to the enterprise But everybody in TINS locality
uu3otands the assaults upon the roush CD ier lhey
are the expiring throes Of dead policy
There is cir of gravity in tho comments Of the Ar N
pspers on this mr. opinion recently delivered That IS Ia
d.crouy taking The idea Of our respected el3" GlI
J..
wards having opinion nimca 10 the Interests oil inc
Brouah Ioed and gravely SGT forth as new discovery
IL burst of humor' that would shake the risibIes
Of the gravcst court in the land MI. stuart Wnio
ia the legislature, next 10 Mr.. Gillespie was tlc
leading champion Of the defunet policy and o4'
Of il he has been one of its Industrious attor
noys Mr. Lincoln ditto, aud Sir. Edwards the
same. OF course, they have the opinion tnat roe
charter could be passed that would be legal With them
They are egai,ed 8gains; IT, Another rcy amusing iea.
ure Of this farce after the tragedy of state Pocy Ne az
Rur.d 20 thaa lfnTfin nv n
Tile ST Louis igencer publishes the correspondence
with regret upon which they trumPhantly descan' TIE
ST. Louis IfcHgeHctr il owned by Page Bacon. bank
ers Of St. Louis who have large investments III rival
road Willie the bill pending at the recent session.
its columns teemed with articles in opposition to nm enter
prise which concted with the projects OF It's owners i;
ludicrous attempt indeed to now parade regrets over
assumed failure the part OF the lerro iaie road
and nostown Co attain what that paper laborel for
months to prevent and more so in the Alton press to pa
expressions of regret with the hope oi deceVinP
lie most unsorhscated with the idea that Pege & Ba
Va con organ lanents defeat of the Brough road
The monopoly policy certainly dies hard and deaery
OF mary aAoet TO make futile grasp a. tn
question lHraded in these newspapers IL cut tor the nd
Is argued in advance before the people who have
" power TO nully the charter The reason IS that The INC
h nopots know that the Supreme Court viii never decar
the charter void therefore the only hope left 10 pre1
dice capitalists and Brighten them from adv ancing funds
There is malice in this which surprised 10 sec
single glance at the opening of The iqeeeaccr ar
Gle, will satisfy any mind that the article was got up
make impression in New York We extract the follow
. ing Let our readers IN eadng IT, bear in mind that n
2 IRfoihgCHCCr has heretofore opposed the road
BKoUGHs CHhRTER TO BE CONTESTED! iMfoRrAsT LEsS
ouNiCN Tue FlcnT SoT ovEs yErlhese wotts fal hshl
81 Louis and well they AieF six years struggle
bsS in one samoTiou lad "a, down to bal
pes SUITE il the JOY off personal soes a5d Itauoa w
sour6td the trump suo wn' d the Hooking IN ana com
unglns hostile clans with esie hees-hiatns tn
yetr OF rtlIoad jubilee Asd come -
But heard that there muiteTins n TIE state Of no.
those followed their Legislature hther aud
ssd 20 The 'S chf s. for wSS they N
foundation and It's full value We succeeded and enabled
resistance TO The brouh road 10 VIII be found explained IN ID
couspoudorce below The LEGAL opinion adverse the vsy
the Hrush charter to see is signed by thee Of IN
. ablssi 8is OF l.hnCis
What a shallow trick is this! Was there ever NOR
u shnmtcss effort at deception Now the entire readin
public OF Illinois and Missouri know that TIE Is'geaccJ
for weeks before and during the session in obedience
the mandates Of Page Bacon, its owners, denOunco
the Brough Road project. They failed and now, un1e
the shallow garb Of regret for the legal point raised b.
three attorneys of the opposing interest they parade te
# legal opinion of the nuty of the charter with chape
of regrets. The hope is entertained that in eastern
financial circles their regrets may pass for sincerity Civ
Il weight to the legal opinion which they publish.
It's malicious effort to hamper the Terre Ilaite and Hi
# noown Road is but the last ee,le trick to bolster
i, det ated monopoly. Admitting the flaw in the Charlie
which thoy parade the Legislature would put nj
right. Public opinion in Illinois has stamped State pol
"icy among the things that and any defect tina
might exist in the Terre Iaute and Ilinois;own cha.e
would be remedied at the next session. bat there
such flaw. None know this better than those who ar
attempting TO raise q clam0r about il
Markets. .CARTTUILY REPORTED FOR IHr y Y. TRIBUNE
sATVRDAY. Ap-i, 1.
ASHES The market .iesdy both kinis is quiet
COTTONOur market reported of miidns and srs ie
Glow oLeT sTsGes ere "Ihest change sales - bAes E1Po'