New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-06-30

TIE 81 Iouis RepnJIican of the Goth inst saws:

TIE 81. Louis Republican OF the goth inst. says:
1T wss only yesterday we obtained copy of the
deed of trust executed by order of four Directors of
T. e Ohio and Mississippi Railroad Co., to secure the
payment of note of 81 156 00o five days after date,
TO Page Bacon and this note aftcrward assigned by
them for the benefit Of their creditors here and III Cali
forDia
"Tbis deed Of trust, taken in connection with that
which we have already published transferring all the
interest in the note which was possessed by Page *
Bacon for the benefit of their creditors absolutely de-
mands the attention of the City Council. They will
have TO provide for $4,000 of interest per annum for
the next ls years. but for interest IN the Road
This deed conveys it effectualy away, even without
the form of selling it. The original subscrption-the
income the Is years interest, the entire control,
every thing is gone; and this, 1t seems probable, with
out so muck as al effort by the representatives OF the
The first. and we believe the only true balance
sheet that ever was ever exhibited by the Company,
was made ND to the 22d January 1883 and tn total
expenditure up to that period was stated at only
sloO 994 IL. This sum was derived from individual
subscripops and the issue of Bonds to the Company.
Here We have starting point. Page 6 Bacon, them
Recording TO the account current of Sanger Camp Il
Go US published by them, ard which has not been
contradcled paid to the contractors at stated periods
between January a. 1853 and January lsoo .ne sum
of Al 500 1895 64in all to that date 81 GOA sse To-
1To meet these payments, the Company placed In
the hands of the contractors, and they were py he
transferred 10 their financial agents, Messrs rage
Bacon, the following securitles e,ooooo
Boz Is Of County St. S co
s oi ,eeond mortgage 10000
Subscription of individual say.''''''''''''"'' <"~o
Total @ and second MORTGAGE bands: SIC zoo
p..n,................................s2,s8s 800
"Sav that Page Bacon furnished iron to the
amount of 5000 GOO and still this statement shows that
instead of the Company being at any time largely IN
dahted 10 the contractors to Page Bacon, they
were always i'll advance OF them ny me eanS uosScu
To Get the securities above named Ia Iher possesSoh,
81 tho calls for stockholders DIVIDENDS.
The Rank of Toledo, Ohio has been bought up by
so,oroI gentlemen of Cleveland, including Amasa
Stone. Jr aud Stirpan Witt.
The PHILADELPHIA Ledger says:
{. Much excitement has been accustomed IN Ken.
siugton the last day two, by the fnlure OF one OF
Tho most extensive shpbuders in that section OF the
| ctv The aggregate of indebtedness Is large, and
being mostly divided among mechanics OF Smah means
has occasioned much distress. The deDts were IN
cured i'm the building and hitting oil Two cilpper snips,
,be last of which was towed 10 on Friday last ana
j.; conseouence the creditors left without any re
source eIcopt upon the real estate of the usolvent
which is believed to be so heavily morgaged 'na' pu'
| little can DO hoped for from that source
me sfI,roukee Sentinel says the land sales at La
Crosse Land Office Wisconsin, for the month OF May
amounted to SEA 900, against s2,o Tor Ie sa,ile
month last year, and quotes me la cross DohH9era re
| ;,h a statement that "morc than hve-sxihs Oh the
"land entries are made by new settlers ior isr,ng
ssnnrnoses" This is good indication, says the MI
,ank 20 paper of the rapidly with winch Norm west
W.. Wdonsin ia filling up. The town of La crosse
"a ON tho Mississippi at the mouth OF La crosse hl'c
ornosite the mouth of Root River OF minnesota ana
hui few miles above the northeast corner % .Vm
mr. conntry back of La Crosse Is SAID 10 DC sethg
| ;,b ON excellent population Railroads are proecieo
70 In Crosse and we believe in process OF construction
| from both Milwaukee and Chicago The latter cry
sets up claim to the trade OF La Srosse Oh e be
nkes But she will find powerful compS'lO ~, u
Milwaukee which is much nearer La VrosSe 'na' N'''
cage by railroad