The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-06-11


To'aI..... sea24s,sss Sa,373.97s I2s, 1921
The cssh recsipts Of the Morris Canal for the week
ending On Saturday. "a inst., were So sI6 against
$3.50 for the corresponding wesk last year, being
an inofesse of 81 276 The receipts for the year IN
to the 18th ut were $5l. 3l2. against s45, 45s 70
same date lest year. being an increase thus Ear this
year of So, 1854.
AT meeting Of the Western Railroad stockhold
ers held ON Tue day, tbs 9th inst it was decided,
by the large majority oftwo to one. not to accept
the act OF the Legislature which authorizes the
company to issue six per cent bonds to pay for the
psrchase Of the Hudson and Berkshire Railroad,
and construct second track from Springfield to
Albany. After this vote was decided, recouside.
ratien was called for, stock vote - and carried
The question OF acceptance was then taken and de-
cided in the affirmative. The Courier says:-
Inc opponents Of this measure have used great exer
tons 70 defeat It, but fpding in tue mpority
submit to the result in the cheerful spirit Of true rspub
a aeaS. Inc .Ss tie aa,
formed Without the sompstion Of the second track and
the managers eIrs Of the regular dyidsuSs The
fna alrssdy amounts to $50 per SHARE aud the
stock ershi fetch par including the July Dividend
IN. state Treasurer OF New Jersey has given no,
nee that Injunction having bsen issued from the
Court of Chancery restraining the American Elk.
change Bank at Cape May Court House from exsr-
cisng any of the privileges or franohisss granted
under the State act, the notes will be redeemed at
the Treasury Office ct Trenton. on and after July 20.
The gross receipts Of TIE Hudson River Railroad
Company during the eight months ending May
81, 1866, amounted to 81 345 52 o., against 81 1884,
954 So for the corresponding period the previous
year. showing an increase Of sl45. 297 So.
The Newark ADVERTISER gives the following sy
nopss of the decision Of the Chancellor o. New
Jersey in the case Of the Morris and Essex Railroad
The company will probably appeal, as the points at
issue are Of the greatest i'm portance:-
Tho Chancellor appears to have given much time and
attention to the subject which Is not only important to
this city but of very general IMPORTANCE uasmuch
it is deemed TO settle the Law in the The op,nion
ject The court comes to the conclusion that no rail.
road company in the absence Of legislative permission,
has right to lay It's railway along any public highway
in town country, With the consent o. the proper
thoresif indeed any other than legislative authority
ehectuaiIy be given in the premises II company
does without such authority thus lay down its rack the
track becomes at public nuisance obstructon
to the street highway, and as such may forth With be
removed.
The Chancellor We understand retains the injunction
for ehort tme TO sford the compliments opportu.
nifty to appeal from the decision, if tnsy shall see t to
do So
The opinion and Judgment Of the court fully sustain
the acton of the city authorities in the matter and but
short Vine will eApse before the final adjudication of
the matter win have taken place. though appeal
be taken Should NO appeal taken however, in rsa-
soDabs time the Injunction viii be removed q course,
In this case may be done, IN fact at the expense OF
the parties claiming to the track for it Is provided
believe, by section Of the ordinance entitled "An
ordinance to obstructions from the streets and
for other purposes" that ths Street Commissioner,
Mayor any either of the members of the C)mmon
Council may order any article thing whatsoever which
they deem obstruction nuisance In upon any
oe 0s mot
out Of the proceeds Of the sale tue city for
the expense Of the removal Of the obstruction.
We understand thai the Chancellor has made order
yet to the track and the city will not move fur
ther in the matter till ohical authority to do is
ceved.
The receipts of the Beaver Meadow Railroad and
Coal Company, since the commencement of the sea-
son to the I'd inst amount to 429 SIS
To corresponding date last year ........ 38,022 10
Increase (over SO per cent? ...........sls4o s 70
The coal tonnage for the past week was 1854
tons, against IL 072 tons in the corresponding week
last year.
The State Auditor of Indiana notifies holders Of
the circulating notes OF the Merchants Bank at La
fayette, Merchants Bank at Springfield, Greene
County Bank az Bloomfield, Government Stock Bank
at lafayette, Laurel Bank at Laurel, Bank Of Con-
nersvile at Connersvills, Wabash Valley Bank at
Logansport, Bank Of T. Wordsworth, of Hartford,
at Michigan City, to return the same to the Office
for cancellation, on or before the 18th day of July
next, that the outstanding circulation may be de-
termined as accurately as possible, and pro rata
dividend thereon declared. Certificates for the
amount returned win be issued, and the dividend
On the respective banks paid upon presentation Of
the certificates at the Auditors Office after the 18th
Of August next.
The Lancaster Daily says, in relation to the fail
ure of the Lancaster Savings Institution through
its Treasurer, Mr.. Boughter:-
Before his arrest Mr. Bougher had assigned to the
trustees all his real estate ami other property, amount
ing in value to 500 Geo. leaving unbalanced deficit
estimated at $3.50 00 The aptsl stock of the nstu-
ton $50 000 all paid in, which, taken from $780,
leaves $3.50 C0 to be lost by the dspositors The depo
it estimated that the depositors will realize from rs to
80 per cent their deposits Some inclined to be-
lave that they will eventually realize the WHOLE and
that the institution win DO again put into operation
The Auditor of the State Of Ohio has Just issued his
report for the last fiscal year. The revenue and ex-
penditures were as follows:--
FINANCES OF omo-REcE1pTs AND DISBURSEMENTS.
~ Receipts
Taxes Of 1858, and dsainquencies OF pre-
c.nsI tolls. fne. water r:.t.. 4772e4 20
Dividends on railroads and other Stocks. $685. IL
Surplus rsveuue-prncipal and interest,". LOG, $50 50
Proceeds Of sales Of school lands. 1871 OF
Balance a. in Stat. treasury Nov is, 1855 7s2sso g.
Total. Az, s34 90
Disbursements.
I'm hNi