Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1855-05-26

sonnl liabilities amounting to nearly a quarter NIL.
lion dollars, for repairs, rolling stock, &c.. a.
ought not TO be deprived Of the possession a, ~
road and lis equipment, without being indempis.,
against those liabilities.
The Chancellor, nevertheless, dccreel ,l,, IL.
road and all It's rolling stock and other per.o,,,
property should go into the possession Of the W,
mont 4 Canada Company. This decree was has.
ever guarded BY not few conditions, limi,,e,.,
and restrictions. As preliminary, the vermo,,
& Canada Company were required to fle bond 4.
the sum Of $3.50, 900, 10 indemnify the trustee. e.
all advances made and liabilities incurred since a.
road went into their hands. The other cblir,,i,.,
imposed by the decree were such as arc usually i,
posed upon received in Chancery, and the rel,to,
which the Vermont & Canada now sustains Ia A.
Vermont Central is to all ntents aud purposes ,b,,
Of a receiver. by the terms Of the mortgage "A.
mortgage Is entitled to retain possession onlv i'm
the rent is paid, aud whatever is received beyopd
that is now subject to the order Of the Coun q
Chancery.
This community has suffered a severe los. lv
the death Of Mr. Joseph P. Fairbanks, who del O.,
the 9th inst, after long and distressing sickne.
OF him rs truly as Of any ether man that ever In,
ell, Il might be said
"Nouc knew him bot to lose him.
None named him but to prlisc.h
lie will deserve this universal love for his rare op
excellent qualities Of mind and heart ltmieh,l
most be said Of him with truth what modern W..
ter says Of a fictitious character-''A spin. 81
blameless and placid, that we might almost think
it had only been sent here, because it sa grei,,,
Joy to be a man and know by certain experincn,
the mystery Of redemption; than to be sltisfsi
with such knowledge as the sinlsss in heaven can
gain. 1t is happy for US, amid the dark record.
Of common lives, that here and there God permits
us one such man, born to be Yurer than bis fellows
so much lower than the angels that the faint u
native sin has come with him into the world,-so
much higher than they that the mantle Of the Lord
has falen upon him. and be Stands accepted in 4
holiness achieved by the Master and King Of all"
His tnodesty meekness, and humility were not the
least praiseworthy Of his virtues. Ills burial took
place yesterday. and was attended by very hrss
ccncoursc Of people from this and the adjoining
towns. The schools and all places Of business were
closed AID the whole community joined in the las,
tribute to one whom they most sincerely respected
and loved.
The hard times 50 far effect this place that
there is not likely to be much building this sun.
mer as there was last Still several new houses arr
already in progress. most Of them in the vicinity o
the depot On the East side Of the Passumpsc
hitherto unoccupied by houses, three new street
have been laid out, on one Of which two houses hav
already been built 1t is in contemplation to cree
large building in which to use the water-powe
that was made available last summer by throwing
dam across the Passumpsc. part Of thi
building is designed for use as paper-mill.
The report Of the town agent for the sale q
liquors shows very great reduction from last year
sales. The prime cost Of the liquors sold last yea
was about $1,000. this year it is less than $1,000
As this years purchases were Of much better AM
more costly liquors than were procured for the yea
preceding it is considered that tho ~.As-ss tne re
Of sales-is-ne.requifing every applicant to show
case strictly within the allowance Of the statute.
PHI. W.